Category: Money tips Release Date: 2006-10-07
Zhu Tao, native of Chengdu who, from the Shenzhen Stock Exchange in 1993, started a popular vest has been fought in the Stock Market, to 1997, he was more than 10-fold return on investment. In 2001, he had a premonition that the domestic stock market will soon take the bear, emigrated to Canada on U.S. stock market. Speculation the United States since 2002 stocks, 40% in the year to achieve good results, in which he bought a stock in six months time, rose five-fold. In May 2005, Zhu Tao arrogant to judge the domestic stock market for at least two years and returned to Shenzhen from Toronto and return to the A-share market. His legend has attracted journalists, newspaper reporters in a weekend full of Xinjiang-style restaurant, he had an exclusive interview.
U.S. stocks even more crazy
Reporter: compared with the domestic stock market, the U.S. stock market What are the characteristics?
Zhu Tao: The most scared I started Yida Tiao, the United States is actually the expression of green rose, red, said the decline. The United States has long been possible margin trading, market volatility is very scary to do even more crazy vote. Volatility of 30% of the number of shares a day are normal. For example SWN (computer stocks), coupled with plate than the Bank of China Industrial and Commercial Bank of China is also large, but the market performance of small-cap stocks as we have very short period of time from nine U.S. dollars rose to 20 U.S. dollars. However, the volatility of the Dow is relatively small, very small fluctuations in the day to reach 1%. Stocks commission there is no uniform standards, fluctuations are large, large customers, small customers are significant differences between the.
Reporter: The United States is a mature stock market, why market volatility is still very great?
Zhu Tao: As I understand it, there are specialized companies Zuo Gupiao speculation only did short-day closed position, not overnight. Get rid of the commission left a little money to make the day go back and forth dozens of speculators do every day, a sum of small differences, the cumulative per month, making money is very powerful.
Reporter: fry stocks, in addition to commissions, but also what is required cost?
Zhu Tao: money in many areas, the study will be charged to see Quotes must pay. If you do not give money, and the prices will be delayed for five minutes or half an hour. In contrast, the domestic stock market information is very well developed, the information good, free of charge to see the high level of brokerage research reports, analysis software, easy to use than abroad, yet pays for.
Half earn six times more
Reporter: Do U.S. stocks and domestic stocks the way to do anything different?
Zhu Tao: similar to the two markets are the funds continue to play all kinds of game, understand the essence of the market will be able to participate and can take a slice. Such as international and domestic economic situation and performance of listed companies and so on, but shares rose excuse.
I sum up five small funds operating experience: 1, based on the broad market should stop; 2 are not clear about the direction of broad market, we should know how to rest; 3, Zuo Gupiao talk about success rate, earn less will do; 4, Small funds out of fear for convenience of never Ta Kong; 5, the study of technical analysis is very important.
Reporter: So you have invested the proceeds of the U.S. stock market?
Zhu Tao: In 2003, I noticed a call bcon tickets, priced at around 0.5 U.S. dollars, which is an electrical equipment industry, New Horizons, the lack of liquidity, performance naturally bad. So I start the sign of the stock has snapped, and then the stock one wave after wave of good news has been pouring with, in the 4 yuan rose to near all of which I sold in less than six months, I am in the Shares on the earned six times, but unfortunately bought not by much. This year, my total revenue 40%.
