The funds on the floor are bought on the same day and fall the next day, which is of course a loss, because the price is traded in real time. However, OTC funds need to be bought in or after hours, and the results of buying at different times are different. According to the trading rules of OTC funds, if you buy a fund that day, it will be a loss if you fall the next day. The buying price of the day is the net price after the close of the day. As long as the price falls below the net price of the previous day, there will be a loss after the close of the next day. If you buy a fund after the close of the day, the next day's decline is not a loss, because the after-hours purchase price is the net price after the close of the next day, and there will be a one-day delay. Of course, the rise on the second day after the close is not a gain.

In addition, after buying OTC funds on the same day, they can't be sold on the same day, the next day and the third day, because the fund can only submit the redemption application after confirming the subscription share (T+2). After redemption, it will not arrive on the same day, and you need to wait for the redemption confirmation time of T+ 1