Chapter 69: Chapter 69: No Risking the Principal
"The novel is finally signed..."
Li Yang had been waiting for six whole days. Now this book, because of its unique na, has already attracted several hundred bookmarks.
And the ordinary group with a hundred people is already full.
Inside, the conversations are lively every day, discussing various market trends and stockholding charts.
This is the first batch of clients, so Li Yang didn’t hold back. After putting the one hundred thousand he earned from gaming into his account, he would post the settlent screenshots in the group every morning.
A significant feature of a major bull market is that while trends relay, it doesn’t always surge uncontrollably.
Basically, every stock can be traded in waves; how much you earn depends entirely on your trading frequency.
Currently, due to making money from gaming and writing novels to expand his target audience, his trading frequency isn’t high, and he hasn’t even made as much as so group mbers.
The reason is his initial capital is too small. Xue Ning’s account does have principal, but it’s waiting for another opportunity.
In the short term, he only knows of that significant opportunity and must wait for his substantial funds to be in place before taking action.
Anyway, Bai Qing’s additional 100,000 should be in place tonight, giving him over 200,000 in principal, and he plans to increase the trading frequency afterward.
A higher trading frequency cos with the risk of increased exposure.
A bull market doesn’t an there are no declining stocks; quite a few have significant drops, often hitting the down limit.
The wild bull market hasn’t arrived yet, and a universally rising market is still months away.
The first to join the group was soone nad Xiangnu. After she promised to tip once the novel was signed, Li Yang gave her so extra attention.
Early cors get benefits, and she kept the group lively, sharing her stock holdings and bragging about herself... rendering Li Yang’s backup accounts unnecessary.
Also, she’s quite wild, constantly asking Li Yang to recomnd high-yield stocks.
For a fund manager, high yield implies significant risk. Even though Li Yang reminded her, she still rushed in without hesitation.
The result was that she gambled correctly.
In six days, she made over sixty percentage points in five trading days.
The most in one day, she made seventeen points with her entire portfolio.
She picked up shares roughly three points underwater and hit the board by the end of the day.
Simultaneously, the stock she sold at the opening also made around three points.
Every day, she posted her trading charts in the group, making people excited, all waiting for Li Yang’s novel to be signed before tipping 1,000 yuan to enter the Alliance Leader Group.
The benefits in the Alliance Leader Group are much better than in the ordinary group.
Compared to what Xiangnu did, Li Yang was much more conservative. He wouldn’t take risks with his principal, as he could rely understand so funding trends without much confidence.
He didn’t want excitent, just to save money steadily while waiting for the last hurrah from the China miracle car.
Losing the principal would equal giving up this opportunity. He didn’t want to live a tough life when money is most needed.
Just as Li Yang was about to announce the signing of his novel in the group, a private ssage from Xiangnu ca through.
She sent a screenshot.
On the screenshot was her tipping information, where she directly tipped one million Qidian Coins at once.
Additionally, she wrote, "Hurry, hurry, hurry, invite
into the Alliance Leader Group!"
Li Yang: "???"
Xiangnu: "What’s up?"
Li Yang: "I won’t refund the excess!"
Xiangnu: "Haha...who cares about a refund, didn’t you see I earned six million in five days? I’ll tip you every day from now on!"
Li Yang: "... Ma’am, please..."
Li Yang directly invited Xiangnu into the Alliance Leader Group.
He wasn’t envious of her earnings; it ca with significant risk. It could only be said she had incredible luck and liked to go all-in.
Failing once might an a loss of ten percentage points of the principal.
Analyzing purely from a mathematical standpoint, losing ten points ans needing an eleven percent increase to break even afterward.
Losing fifty points requires a one hundred percent increase to recover.
After inviting Xiangnu into the group, before he could edit the information he intended to post in the ordinary group, Xiangnu did it for him.
Xiangnu first shared a screenshot of her presence in the Alliance Leader Group, then said, "I won’t play with you guys anymore, heading to the Alliance Leader Group to wait for you!"
After speaking, she left the group directly.
The group chat exploded instantly.
"Whoa, signed already?"
"More than that, Xiangnu tipped one million Book Coins, wow, she’s rich..."
"Isn’t that obvious? She earned six million in five days!"
"That’s because she has ten million in principal. With your twenty-thousand, even if fortune favored you, you couldn’t grab it!"
"Boss, already tipped, can I join the group?"
Soone started sending screenshots.
Li Yang replied, "I’ll add you..."
Thus, people from the ordinary group gradually started exiting, but shortly afterward, others filled the spots.
So many people applied to join this group that even Li Yang beca skeptical.
Is my crappy book that popular?
Isn’t it the sa worn-out cliches as everywhere else?
Judging by the group applications, there are at least hundreds waiting outside.
The crappy book only has a few hundred bookmarks...
But the bookmarks are increasing quickly. The signing, coupled with large tips, catapulted it to the top of the new book chart.
Unlike when Qidian restructured, where ranking needs active reads, tips no longer matter.
The Alliance Leader Group soon had over ten mbers.
Xiangnu greeted the group mbers enthusiastically, as it’s Saturday and there’s no trading.
With her presence, Li Yang saved a lot of effort. All the backup accounts carefully prepared were unnecessary.
Li Yang almost wanted to make her an admin.
But then he reconsidered, better to assess for a while first—what if she’s an undercover enemy?
Within a month, many authors should have grasped his formula and then mimicked it...
But by the ti they get going, he would have already reaped the top profits and might even exit with ease.
He pulled out his backup accounts and set up a few more groups.
An hour later, the Alliance Leader Group had fifty-six new mbers. Including Xiangnu’s 10,000-yuan tip, they had amassed 65,000 yuan in tips, half of which he could keep.
As for directly taking money? That’s impossible!
Taking cash is leaving evidence!
Once he dissolves the Alliance Leader Group, it would all be gone.
He never stated in the book what benefits co with being a tipped Alliance Leader... it was rely hinted in the group through backup accounts, and people figured it out themselves.
Especially Xiangnu, she figured it out quickly, if not for Li Yang’s novel not being signed, she could have joined the Alliance Leader Group that very day.
This Xiangnu knew quite a bit, and once everything was done, he intended to block and remove her...
After two more hours of work, the first Alliance Leader Group had over a hundred people, and it was ti for Li Yang to play gas with Bai Qing. So, he posted an announcent in the group.
"This group is for stock exchange discussions. I don’t recomnd stocks, sell courses, or take students, it’s purely for sharing experiences. Occasionally, actual trading orders will be posted. A word of caution: the stock market cos with risks, and trading requires caution!"
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