Half an hour later, Chen Fang signed some documents and read the statement several times, saying that he entered the stock market voluntarily and knew the risks!

The account was opened successfully, but now I can't open the GEM! That means I can only play stocks with an increase or decrease of 10%... But Chen Fang doesn't remember these stocks, only the few bull stocks that Chen Fang remembers.

Chen Fang looked at his account financing section, then looked at his account manager

"Hello, what are the conditions for on-site financing?"

His account manager is a working woman in her 30s named Yangyang!

"The conditions for opening on-site financing are that within 20 trading days, the capital must be no less than 500,000 yuan to buy RMB, and the investment experience must be more than 2 years!" Yangyang knew these regulations well, so he answered easily.

Chen Fang!

Chen Fang nodded and asked himself now! Let's wait until March to apply for the activation...

After leaving the sales department, Chen Zai returned to the hotel and started operating! Now he has more than 900,000 yuan in funds. Now he transfers 850,000 yuan to the Huaxin Securities account, leaving tens of thousands for himself as pocket money.

After I transferred in, I checked the time and it was still operational (because Chen Fang was looking for a quick activation process, and he could trade on the same day of activation), although he didn't know which stocks would rise.

But now that the bull market has just begun, there is nothing wrong with buying a brokerage firm...

So I bought CITIC Securities and Huaxin Securities respectively. These two are the vanguards of the bull market! I thought that after March, there should be some gains.

As the saying goes, when the bull market comes, securities firms take off...after seeing the transactions!

Chen Fang didn't care about this matter. He was not a professional in stock trading! Although he knew some economic directions, he still had better not mess around with his little arms and legs.

I looked at the time when the market had just closed at 3 o'clock, so I went to rent a house and buy a computer first! Chen Fang simply had nothing now.

After thinking about it, I decided not to rent the house in Ode to Joy. Have the five heroines moved in yet? There is no point in going in... I just found an ordinary community and rented a small apartment!

The rent in Shanghai is really high. This small apartment costs more than 4,000 yuan per month! This was still in 2014, and Chen Fang paid half a year’s rent and one month’s deposit!

He started preparing to move in. Chen went to the Computer City to buy an ASUS laptop worth more than 5,000 yuan, and asked the telecommunications staff to connect a broadband to his home. It was already after 8 o'clock in the evening!

After finishing all this, Chen Fang sat in front of the computer and stretched himself, "Here comes the world of Ode to Joy!"

.....

Three months later, Chen Fang came to the Huaxin Securities Sales Department!

In the past three months, the two stocks Chen Fang has increased by more than 20%, which means that the amount of funds now exceeds 1 million!

This time it was his account manager Yang Yang who received the reception. The better it gets when Chen Fang goes out!

"Mr. Chen, although your funds meet the standards, your investment experience is not up to the standards, so you cannot open the financing business yet."

Yangyang said seriously.

"I know, I have been operating at other securities firms before! I have 5 years of investment experience, and I am very experienced!" Chen Fang didn't lie. He had speculated in stocks before, but not in this world!

Principles are principles, but the actual operation is different. Now the two financing businesses are still loose after all! After June, the supervision will require a comprehensive verification of leverage...

Yangyang looked unbelieving. It seems that you are just over 25 years old and have 5 years of experience. You are fooling me!

Seeing the other party not believing him, Chen Fang had no choice but to use his trump card!

"Manager Yangyang, I know all the financing risks! If you can't open it, I will have no choice but to change to another securities company!" Although this trick is shameless, it is what securities companies do!

Yangyang's expression changed when he heard this. This client's capital reached 1 million, so he was no longer a small client! If he let him go, he would definitely be criticized!

"Okay, it's not impossible! I wonder how many times the leverage you want?"

Yangyang asked cautiously, it is really unreasonable for such a customer to run away, maybe the scale of his funds will continue to grow in the future! If you do a good job in risk control, the brokerage will make money in the end anyway without any risk!

"Open five times leverage for me!" Chen Fang said.

Yangyang was stunned for a moment, and then said seriously!

"Mr. Chen, this is impossible. The ratio of two financings is usually 1:1! Even if you add other methods, it can be up to 1:2! No other brokerage can achieve such a large financing multiple!"

Seeing that the other party's tone didn't sound like he was lying, Chen Fang also knew that twice the leverage was already the maximum leverage offered by regular brokers!

This is not the leverage of tens or hundreds of times for foreign exchange and futures movements. Regular domestic financing is generally within 3 times! Some people say that you can get 10 times leverage immediately. It is pure nonsense. Over-the-counter capital allocation is about the same, but the risk is huge.

Can I get money?

"Okay, thank you first, Manager Yangyang! Please help me handle it!"

"Mr. Chen, please sign some documents here! It will be ready for use in about two working days. Financing and return can be processed on the client side!"

Yangyang said with a smile, after handling this business, there will be more cars to pick up after the transaction!

I didn't have much time to spare. After finishing the financing business, I left the Huaxin Securities Sales Department.

After returning home, Chen Fang sold off all his stocks! The brokerage's increase was too low, only 20% in three months... This is not low on an annualized basis!

Two days later, Chen Fang saw on his computer that the financing was available! He nodded inwardly, Baofeng was also listed for trading today! Everything was just right.

After 9:30, the stock market started trading...

Chen Fang found Baofeng’s trading interface and immediately started scanning goods!

Because he was worried about not being able to get the goods, Chen Fang directly raised the price limit!

The issue price of Baofeng is 7.24 yuan, which directly sets the daily limit price of 7.9!

I put up all the 3 million yuan, totaling 3,700 lots... The transaction was completed quickly! Chen Fang felt relieved, and now he could sit back and wait to collect the money.

He clearly remembers that Baofeng's stock price rose from 7.24 yuan to more than 300 yuan in 40 trading days, and experienced 36 daily limits! It is called the number one monster stock in the Chinese stock market... The stock price has increased more than 40 times, okay?

Yangyang in the sales department saw Chen Fang's account and directly bought all the stocks!

The secret channel is a hammer, and you can’t stand it after a few drops! Hey, it seems that this customer will probably have to clear his position again!

They signed a financing agreement. For the sake of fund safety, the brokerage firm will of course keep an eye on the account situation and force liquidate the customer's position if it becomes a warning line.
Chapter completed!