T day means a trading day. Weekends and holidays do not belong to T day (trading day). T day is bounded by the closing time of the stock market. Transactions submitted before 15:00 every day are completed according to the net value announced after the market closes on that day (net value announcement time)
Generally around 18:00 on the day), transactions submitted after 15:00 will be completed according to the net value of the next trading day. For example, transactions submitted after 15:00 on Friday will be regarded as transactions on the next Monday, and T day is the next trading day.
On Monday, the transaction is done based on the net value on T day, and the transaction is confirmed on T+1 (next Tuesday).
T-day refers to the working day on which open-end fund sales institutions accept investor subscription, conversion, redemption or other business applications within the specified time.
That is, the normal trading days of the Shanghai Stock Exchange and Shenzhen Stock Exchange.
T+n day refers to the nth working day after T day (excluding T day).
T+1 means that if you buy on the same day, you can sell on the second trading day.
The t+0 fund means that the marketable fund bought on the same day can be sold on the same day, that is, the fund can be sold on day t if it is obtained on day t. This can help investors capture short-term investment opportunities and achieve precise timing.
Investors can use the following methods to distinguish whether funds on the market are traded on t+0: 1. Funds related to A shares are traded on t+1, and there are no t+0 transactions; 2. The trading software will generally display "t+
0 Fund", click on the fund in this column to enter. The funds displayed there are all t+0 funds, and the other funds are all t+1 trading funds.
For example: on the computer version of Flush, click on Funds in the menu bar, and then find the T+0 Fund.
How to judge whether a fund is t+0 or t+1 mainly depends on the type and nature of the fund. The specific reasons are as follows: First, t+0 and t+1 refer to the unlimited number of purchases and sales in a day and the purchase today respectively.
Two trading rules that can only be sold on the next day.
Second, there are products that can be bought and sold multiple times a day, that is, products whose prices change all the time, such as gold, crude oil, etc.; the other type can only be bought and sold once a day.
For the original t+1 fund, if you have chips in hand, you can do t+0 by yourself and operate within a day to obtain profits. There are two operating methods: one is to buy again when the price is low, and sell the original fund when the price rises.
If you have a share, you can make a profit without changing your shareholding; secondly, the money recovered after selling at a high level on the same day is taken back at a low level, which can reduce the cost accordingly.