According to the regulations of the Shanghai and Shenzhen Stock Exchanges, the rise or fall of new A-shares on the main board is limited to 44% on the first day of listing, and the rise or fall on subsequent trading days is 10%. Among them, there is no limit on the rise and fall in the first five trading days of listing on the Science and Technology Innovation Board and GEM, and the rise and fall limit is 20% from the sixth trading day onwards.
1. A-shares, or RMB ordinary shares, refer to ordinary shares subscribed and traded in RMB by domestic institutions, organizations or individuals, issued by domestically registered companies, listed domestically and with a face value expressed in RMB (since Starting from April 1, 2013, residents of Hong Kong, Macao and Taiwan can open A-share accounts). The English letter A has no practical meaning. It is only used to distinguish RMB ordinary stocks and RMB special stocks. A-shares are not physical stocks and implement paperless electronic accounting.
2. The "T+1" delivery system has an increase or decrease (10%) limit, and the participating investors are mainland Chinese institutions or individuals. The stocks of listed companies in my country include A shares, B shares, H shares, N shares and shares. On January 27, 2020, the China Securities Regulatory Commission issued an announcement to all securities and futures exchanges. All securities and futures exchanges were closed on January 31 and will remain open from February 3.
3. Tips for novice stock traders:
1. Follow the trend: never buy the bottom, never hit the top. The best evidence that a market is starting to rise is that it is already rising; the best evidence that a market is starting to fall is that it is already falling. Only open positions in the direction of the medium-term trend. When the moving average is long, only long or short positions are held on the sidelines; when the moving average is short, only short or short positions are held on the sidelines. The market will never rise to the point where you can't buy it, nor will it fall to the point where you can't sell it
2. Variety: Only participate in varieties with large trading volume and good liquidity, and be the strongest possible (Don’t think that its price has risen very high, choose to make up for the increase). No more than 3 types of positions may be held at the same time. Don’t have a breed preference. Any change is just a symbol. Profit potential is the only criterion for product selection
3. Timing: only trade in markets that have already started, and enter the market after the trend appears. If the market is temporarily immobile, why enter the market? What to do now is to do nothing. Why not wait until it is explicitly activated before entering.
4. Time: determines the time frame, time determines space, and time produces profit and loss. The time frame must be unique for any single trade and cannot change throughout the transaction. Don't look at the long side and look at the short side, and don't look at the short side and look at the long side. (Currently, we mainly do 30-minute K-line and daily line)
5. Fund management: (1) The first account opening shall not exceed 10% of the total funds. It is common to watch the market without making money. One of the reasons is that the positions are too heavy and the inner pressure is very high. They cannot withstand the slight fluctuations in the market and are washed away. Another reason is poor timing of intervention. (2) After a series of victories in the market (profit exceeds 50%), 40% of the profit will be withdrawn for emergency needs. If the loss exceeds 5%, the initial opening capital will be reduced by half. You must know the ten key skills of stock trading
6. Stop loss: Set the stop loss point and stop loss amount before entering the market for each transaction. The loss of each transaction shall not be higher than 1% of the total funds. . Time to stop loss without hesitation; space to stop loss and accident prevention; stop loss alone is not a fluke.
7. Increase holdings: Always increase holdings only in profitable positions. When adding positions, you must identify the key points, strictly implement pyramid adding positions, and set stop losses for adding positions.
8. Closing a position: (1) Only hold the correct position. Before the close of each day, all suspicious, unsafe and floating loss lists will be cleared. Only hold positions with floating profits. Any position that does not produce the expected change within the allotted time (has not been proven correct) should be eliminated. (Generally, a speculator's position is not because the price change confirms his transaction, but because the price does not "confirm" his stop loss signal.
9. After opening a position, if the price goes sideways or falls slightly, But without touching his stop loss point, he will still hold the position, and then start to expect the market to move in the direction of his position. Murphy's Law tells us that the market will move in the opposite direction most of the time) (2) If the oscillation does not occur. Stop and the accident will quickly leave the market. (3) Never switch a position from profit to loss. After making considerable profits, move the stop loss point to the break-even point in time.