Chapter 35: Following "The Rooftop Jumper" Back

Page 1 of 3

[Sharing today’s trading strategy, for reference only, does not constitute any investment advice.

Policy News: The "Central Bank Monetary Policy Quarterly Meeting" on April 10th carries uncertain risks, and coupled with the upcoming weekend, the potential for unknown risks is further increased.

Market Technicals: Driven by expectations for the "Central Bank Monetary Policy Quarterly Meeting," the market opened higher with increased volume this morning. However, after 10:00 AM, volume gradually slowed, leading to oscillating adjustments.

The Shanghai Composite Index has risen over 300 points from its March 3rd bottom of 2037.02, touching the pressure level of August 2008. Without new incremental capital, it may enter a period of sideways consolidation to continue shaking out chips.

Major Capital Flow: After a trading volume of 172.523 billion reached on April 2nd, the market has seen three consecutive days of shrinking volume. Capital divergence has intensified, and profit-taking is gradually emerging.

Personal Trading Status: I have liquidated 3,300 shares of Changan Automobile, realizing a profit of 13,728 yuan, with a total gain of 62.74%.

Reasons for Liquidation: During the call auction, the capital showed signs of luring buyers—trading white dots were dense, buying volume gradually shrank, and matching sell volume increased. With a 62.74% gain over four limit-up days, the recent positive news for Changan Automobile has been cashed in. Combined with the potential impact of policies, capital, and market technicals, I chose to liquidate and cash out.]

As Zhang Yang’s post went live, it immediately attracted the attention of many retail investors on the stock forum.

Before long, replies began to trickle in.

[Born to Smile]: My god, you caught the full four limit-up days for Changan Automobile? If your principal were higher, you’d be rich!

[Lonely Wolf]: If the expert "Joker" is liquidating Changan Automobile, I need to consider getting out too. I chased the high on Tuesday.

[Bathed in Spring Breeze]: Awesome, you made half my annual salary in four days. Is this the power of the expert Joker?

Sharing his real-time trading for four consecutive days and exiting with a profit of 13,728 yuan is something only a stock market expert could do.

One must realize that in the stock market, not losing money puts you ahead of 90% of retail investors, and if you can turn a profit, you are ahead of more than 95%.

A 62.74% return and a total profit of 13,728 yuan attracted a large number of forum users, including Chen Sanrong, also known as "Brother Jump-from-the-Building," who had just exited an arbitrage position.

Chen Sanrong read Zhang Yang's post and then browsed his post history, unable to help but exclaim: "This guy has potential, though his trading style is a bit too conservative."

As a radical trader, he could sense Zhang Yang’s steady style.

Of course, he didn't look down on conservative retail investors; on the contrary, he greatly admired small retail investors who could make stable profits.

He had seen too many talented, aggressive speculators go bust and jump off buildings—especially during the 2007 subprime mortgage crisis when the rooftops were crowded.

Chen Sanrong was no exception back then; he was trapped with 95% of his capital and only survived by working a job while adding to his positions over time.

Because of that experience, his trading style leaned toward aggressive entries and exits with timely profit-taking.

Seeing a "new talent in speculation," Chen Sanrong used his main account to reply, posting a screenshot of his returns: "Same car, I also took profit today. We share the same view."

The moment the "Brother Jump-from-the-Building" ID appeared, the popularity of the post doubled, and the number of replies surged, even catching the attention of the forum moderator.

Page 1 of 3

Page 2 of 3

[A Little Bear]: Holy crap, even the multi-million level speculator "Brother Jump-from-the-Building" showed up! It seems Joker really has some real skill!

[Crazy Cola]: One, ten, hundred, thousand, ten thousand, hundred thousand... Dad! Holy cow! A profit of over a million? Is he really that good?

[Martial Arts Supreme]: Since Brother Jump-from-the-Building said so, it seems Changan Automobile has really hit a pressure level. I need to sell my stake too.

With a major speculator endorsing him, the follower count for Zhang Yang’s "Joker" forum account grew rapidly to 574. His private messages were flooded with users asking for mentorship or investment advice.

Far away at Hudu University of Finance and Economics, Zhang Yang saw the speculator’s endorsement and replied politely: "Thanks for the recognition."

[Brother Jump-from-the-Building]: I like your trading style. I’ve followed you. Keep it up, looking forward to the day you reach the million-yuan scale.

[Joker]: Followed you back. I’m sure that day will come.

Their exchange attracted a large crowd of onlookers.

For small retail investors, who doesn't dream of becoming a millionaire, multi-millionaire, or even a billionaire speculator?

But alas, the A-share market is an abyss, and being trapped is just a daily routine.

...

In the afternoon, during the closing phase.

The banking, insurance, and financial sectors, which had been oscillating sideways for two or three hours, showed signs of capital accumulation.

A last-minute rally is usually either a trick or a theft. After weighing the pros and cons, Zhang Yang still believed the risks outweighed the opportunities and insisted on matching his actions with his judgment.

Without hesitation, he liquidated his positions in Bank of China, Baosteel, and JAC Motors, cashing out 5,023.2 yuan—a 19.6% gain, resulting in a profit of 823.2 yuan.

"Buzz, buzz—"

Just as he finished liquidating, his Nokia vibrated twice. He picked it up to check.

[Dear Customer, your Construction Bank account ending in 2389 received a transfer of 100,000.00 yuan on April 9, 2009, at 14:55. Available balance: 100,094 yuan. Memo: Trading service fee for the "Huaxin Securities Mock Trading Competition," paid to Zhang Yang by the world's cutest Xu Zhiruo.]

"It finally arrived."

Zhang Yang didn't hesitate. He immediately transferred the 100,000 yuan into his securities account and, along with the 5,000 yuan from his recent liquidation, went all-in on treasury bond reverse repos for a total of 105,000 yuan.

Zhang Yang’s real-money account now totaled 140,600 yuan. Of this, 35,600 yuan came from the morning's liquidation of Changan Automobile, 100,000 yuan was the bank transfer from Xu Zhiruo, and the remaining 5,000 yuan was profit from selling market research reports and initial investments.

In just one month, Zhang Yang had jumped from a small retail investor with 800 yuan to one with 140,000 yuan. While not all of it came from stock market profits, he had earned every bit of it himself.

"Click—"

Zhang Yang tapped his mouse, choosing to list his funds at a slightly lower annualized yield rate.

Page 2 of 3

Page 3 of 3

For 105,000 yuan at an annualized yield of 1.83%, with a three-day interest calculation, the expected profit was 15.78 yuan.

If you add the 35,600 yuan he bought in the morning, Zhang Yang had earned nearly 20 yuan just from interest on reverse repos.

In 2009, 20 yuan was half a day's wages for an average assembly line worker.

This demonstrated the importance of accumulating capital. If you have 10 million, even if you do nothing but buy reverse repos or keep it in the bank, your daily interest would be higher than someone else's salary.

(I believe that I am who I am, I believe in tomorrow)

(I believe that youth has no horizon)

(On the beach at sunset)

(On the bustling streets)

His ringtone, "I Believe," began to play. Zhang Yang glanced at the Nokia on his desk. The caller ID showed "Tao Yu'ang," which surprised him.

He had expected it to be Xu Zhiruo or Xu Zhirou calling to ask if the money had arrived; he hadn't expected Tao Yu'ang.

"Hello, Senior Tao Yu'ang."

Zhang Yang pressed answer.

"How were your returns today?" Tao Yu'ang asked with concern on the other end of the line. He had specifically called right at closing time.

"Not bad, about 2%," Zhang Yang replied. He hadn't checked his mock trading account, as he had been busy with his real-money account.

"That's good. Are you free tonight?" Tao Yu'ang asked again.

Zhang Yang’s brain raced, and he tentatively asked: "I should be. Is there something you need, Senior?"

Tao Yu'ang: "Some work-related matters. If you're free, I'll come pick you up tonight, and we can talk in person."

Hearing this, Zhang Yang decided to go with the flow and replied: "No problem. I have no classes today. You set the time."

"Then let's say 7:30 PM."

"Sure."

Page 3 of 3