Chapter 96 - 83 The First Day of the Competition 2 days ago

After carefully weighing the consequences, Han Lie chickened out. He diligently prepared for the competition, refraining from stirring up any further trouble with Pan Ge.

Friday the 8th was the last trading day before the simulation contest began.

Han Lie set aside the commonly used StraightFlush software and downloaded the designated trading software, GreatWisdom, feeling somewhat wistful.

Returning to 2013, one could always see the tears of the era.

GreatWisdom was one of them.

In those years, despite having the highest market share and being quite prominent, it was inexplicably declining year by year until it faded into obscurity.

"Faded into obscurity" was my own feeling; in reality, it was still among the top three or four in the industry and hadn’t vanished.

Right, there were only four professional companies in the entire industry...

In the simulation function, Han Lie found the "Stock Trading Contest," clicked on it, then searched for the "Tencent A-share Contest" to link and confirm his registration information.

A fresh, blank account was created: Shanghai International Studies University Humanities and Finance 1358.

A name brimming with potential.

He then checked the number of contest registrants: over 800,000, a full 400,000 less than the following year’s event.

The market lacked confidence; the flock had grown numb. Understandable.

This was the darkest moment before dawn. After enduring it, there would be a whole year and a half of revelry.

Han Lie transferred the stocks he had been observing and trading in the simulation into GreatWisdom and casually opened the class group chat.

The group was bustling with activity.

The first-time contestant greenhorns were chirping away, chatting merrily.

Each word revealed their confidence in the future, as if they were invincible at that moment, and nobody could prevent them from soaring into the sky to stand shoulder to shoulder with the sun.

Han Lie smiled with nostalgia.

Youth is truly wonderful... Back when I was young, I lacked passion and drive, was too sensitive, and too insecure. Otherwise... I would have undoubtedly fallen even harder.

For someone lacking ability, passion is a mistake, impulsiveness is a mistake, sensitivity is a mistake, and insecurity is an even bigger mistake.

Basically, don’t make a move; the moment you do, you’re in the wrong.

So what was the right thing to do?

Be as quiet as a chicken, obediently lay low like Voldemort, work hard to improve yourself, and avoid getting involved in anything beyond your studies.

University isn’t the battlefield; society is.

The better prepared you are in school, the more composed you’ll be when it’s time to fight.

Even a third-rate school like Humanities provided students with opportunities to learn from actual stock market experience. Mr. Wu even dedicated half a semester to organizing review sessions, which was quite commendable.

If I had started working hard from my freshman year and truly devoted myself to studying, even if my practical skills weren’t entirely stable, becoming an analyst at a brokerage wouldn’t have been a problem. New ɴᴏᴠᴇʟ ᴄhapters are published on novel⦿fire.net

The salary would have been several times better than in marketing, and the advancement opportunities worlds apart. Why did I have to waste my time until my mid-thirties?

There are two great difficulties in the world.

One is that hindsight is priceless.

The other, even more tragic, is that knowing is easy, but doing is hard.

Rebirth helped me overcome the first hurdle, and the system helped me overcome the second.

All settled. So now the saying goes: nothing in the world is difficult for those with a cheat system.

「The intense preparations and swirling undercurrents of the 8th, 9th, and 10th quickly passed.」

On the morning of the 11th, the number of students skipping class reached a new high for the semester.

Regarding this, Professor Shang, who taught "Macroeconomics," just smiled calmly and waived the roll call.

This seasoned educator casually flipped through the schedule and remarked, "My next class is on Friday; everyone will be here by then. Or you could bring your laptops and let me watch the excitement..."

The students who understood his meaning wore unconvinced expressions and complained in the group chat.

However, Han Lie sensed a certain ’old, resigned investor amusedly watching the newbies flail about’ vibe from him... And you know what? That air of benevolence felt surprisingly authentic. Good heavens, they say economics and finance professors are notoriously bad investors, and it seems those rumors are about 80% true!

"Everyone, keep it up!" Han Lie took the initiative to type in the group, interrupting his classmates’ complaints.

Then the chat gradually shifted towards the market. There wasn’t much news that day:

· Strong expectations for reform dividends, with overseas capital accelerating its influx into China.

· Shanghai was tightening controls on the property market again, reinforcing restrictions on both purchases and loans.

· Experts claimed the liquidity crunch wasn’t manufactured by the central bank but stemmed from intrinsic economic pressures.

These were the main items, none of which were expected to significantly affect the broader market.

Han Lie opened his stock watchlist and silently waited for the call auction, contemplating the shifting sentiment in the market.

On the previous Wednesday, Thursday, and Friday, the stock index had closed with three consecutive small bearish lines. The Shanghai Index fell from 2,166 points to 2,106 points.

From a technical standpoint, the index already showed signs of being oversold; today’s candlestick is likely to be a small doji star.

No matter how the market moves later, it has to stabilize first, then choose a direction.

It could be a continuation of the downtrend, or it might initiate a minor rally, but a sharp surge is unlikely.

As for what would actually happen, I don’t quite remember, but that isn’t necessary to recall; my trading strategy is clear regardless.

In my trading system, facing the current situation, there’s only one strategy: wait.

With such high uncertainty and difficulty in spotting opportunities, why not just sit on the sidelines with an empty portfolio?

The number one ailment of greenhorn traders is ’itchy fingers.’

No matter the market conditions or the general sentiment, as long as there’s money in hand, a day without trading makes them antsy.

The itchiness starts from their fingertips and goes all the way to their heels.

But in a correct trading model, position management is even more important than trading skills.

If you can’t learn to hold no positions, if you can’t control your urges, you’ll never escape the ranks of novices.

Insisting on trading in bad market conditions and fighting the trend—how could that possibly end well?

What, is the money in your account not real money? Just some numbers you typed in yourself?!