Chapter 209 Stock Market Cutting Losses

"Elder Zhou, are you referring to the Anti-Drug Brigade?" Chen Feng asked tentatively.

"Yes, the Anti-Drug Brigade. I have acquaintances there; it's just a matter of me saying a word, and their pharmaceutical factory won't receive any opium allocation. Without opium, they can only wait to go bankrupt. Once bankrupt, you can acquire it at a low price, it's that simple. Of course, you have to be patient and know how to wait," Zhou Kewang said with a smile.

"Elder Zhou, as long as I can get my revenge, I'm willing to wait," Chen Feng replied happily.

"In about a month, their pharmaceutical factory will be yours," Zhou Kewang said excitedly. Finally, he had a chance to repay Chen Feng for saving his life.

"Thank you, Elder Zhou," Chen Feng said earnestly.

"Chen Feng, we shouldn't say thank you to each other. Of course, if you really want to thank me, it just so happens that I've been having some trouble lately..." Zhou Kewang trailed off.

"Elder Zhou, please tell me, what trouble have you encountered? As long as you say it, I will definitely do it."

"It's nothing major, I've just been trapped in the stock market lately. I heard from others that your stock trading ability is quite good. Can you help me get out of this predicament?" Zhou Kewang said dejectedly. He never played stocks before, but recently he was scammed by someone who called himself a stock god. The guy claimed that in the current Chinese stock market, even an idiot could make a fortune. So, he invested a few million, which was a small sum for him, but he got completely stuck. Nevertheless, word getting out that a big shot from the provincial development and reform commission got trapped in stocks sounded bad, making people doubt if his position was bought. Therefore, he had to get out of this predicament. After that, he would never play stocks again. The Chinese stock market was a place where market makers freely exploited retail investors.

"Elder Zhou, you are not an outsider, so I won't lie to you. I do understand stocks a little. However, the Chinese stock market is different from stock markets elsewhere. In the Chinese stock market, you can only cash out when you're ahead. After making a profit, you have to rest for a while before playing again. Playing every day, even a true stock god would lose money," Chen Feng said earnestly.

"I know. I got stuck with those few million this time, and I realized that the Chinese stock market is not a stock market in the true sense. If you're not careful, you'll be targeted by market makers and they'll leave you with nothing. I don't have high expectations; as long as these few million can be unblocked, I will withdraw from the stock market immediately."

"Elder Zhou, I'm relieved that you think this way. By the way, Elder Zhou, I don't like to be disturbed when I'm operating stocks. I hope you don't mind?" Chen Feng said tentatively.

"Of course not. When playing stocks, one needs quiet. How about this, I'll book a presidential suite for you, and you can play stocks in the presidential suite," Zhou Kewang replied seriously.

"Elder Zhou, a presidential suite is not necessary. Helping you get out of this predicament this time will take at least half a month. Staying in a presidential suite for half a month would be too expensive."

"That's not a problem. I don't have to pay for the presidential suite. You can rest assured and trade stocks there."

Since Zhou Kewang had put it that way, Chen Feng no longer hesitated and moved into the presidential suite. As soon as he entered the presidential suite, Chen Feng called Jiaye Meizi. Jiaye Meizi was now his stock trading apprentice. Helping Zhou Kewang out of his predicament this time was a rare practical opportunity, and he had to have Jiaye Meizi watch carefully.

"Chen Feng, are you kidding me?" Jiaye Meizi glanced at the stock market backend on her computer.

"Kidding? What do you mean?" Chen Feng asked with a smile.

"Trapped for a few million, that's not a small sum. How can it be resolved in half a month? You're Chinese, you know the nature of the Chinese stock market. Once you're trapped, it usually takes years, or even decades," Jiaye Meizi asked dejectedly.

"For ordinary people, that's true. But, your master, I am not an ordinary person," Chen Feng said with a smile.

"Master, how about this, let's make a bet?" Jiaye Meizi asked seriously.

"Alright, how do you want to bet?"

"If you lose, I will be your master from now on, and you will listen to me, and I will teach you how to trade stocks. If you win, I will honestly follow you in trading stocks, but you have to sleep with me."

"Sleep with you? Forget it. You're an unmarried girl and the sister of Fengdao Huizi. You can't sleep with me," Chen Feng quickly explained.

"The more you say that, the more you want to sleep with me. Of course, this is theoretically speaking, you can sleep with me. In reality, I'm not that easy to sleep with. Resolving a few million is an unsolvable equation!" Jiaye Meizi intentionally provoked Chen Feng.

"Let's not rush to talk about sleeping or not. Let's resolve these few million first." Chen Feng didn't say much more to Jiaye Meizi and directly opened the interface to start trading stocks.

After about half an hour, Chen Feng finished his operations, leaving Jiaye Meizi stunned. Chen Feng sold all the stocks, which was a forced cut-loss. Roughly calculated, the loss was two million.

"Chen Feng, don't tell me this is your so-called solution?" Jiaye Meizi asked, dazed.

"Of course not. A loss of two million is not a solution. But, it is the first step to a solution." Chen Feng said calmly.

"The first step to a solution? I really don't understand this operation. You clearly shouldn't cut losses, but you insist on cutting losses. How did that become the first step to a solution?" Jiaye Meizi asked with confusion.

"Of course, it's the first step to a solution. As you said earlier, once you're trapped, it can take years or even decades to get out. Since that's the case, you must force a cut-loss. Cutting losses means reducing losses," Chen Feng continued calmly.

"Chen Feng, let's assume your theory is correct. But the problem is, what happens after cutting losses?" Jiaye Meizi asked, confused.

"It's simple, start to replenish your holdings."

"Replenish holdings? Chen Feng, did I hear you correctly? After the market makers have wildly harvested a wave, you're going to replenish? Isn't that just waiting to be harvested by the market makers in the second wave?" Jiaye Meizi frowned.

"It sounds problematic. However, if the operation is skillful enough, retail investors can harvest the market makers in reverse," Chen Feng said calmly.

"What? Reverse harvest the market makers? How is that possible? Since the birth of the stock market, it has always been market makers harvesting retail investors. I've never seen a case where retail investors harvest market makers," Jiaye Meizi explained seriously.

"A single retail investor cannot compete with market makers. No matter how smart a retail investor is, they cannot compete with market makers. In the face of absolute strength, any technique is fleeting! However, if several large retail investors unite, then reverse harvesting market makers becomes a reality."

"Chen Feng, your explanation made me suddenly enlightened. It seems you not only have talent in the political arena, but also in stock trading... By the way, Chen Feng, where can I find large retail investors?" Jiaye Meizi asked excitedly and curiously.