Shearing the Sheep Requires Caution

Early the next morning, Feng Jun woke up. The bloodshot eyes showed that he had not slept well that night.

However, he was in good spirits. He went out for a run at six-thirty, returned at seven-fifteen, ate breakfast, then practiced his breathing exercises. At eight-thirty, he went down to the basement and turned on the computer to check the stock trading system.

Strictly speaking, his self-control was already quite strong. If it had been someone else, they might have stayed glued to the computer all night, unwilling to leave.

He drank several pots of tea before the market finally opened at nine-thirty. Then, without hesitation, he entered the phone app.

After the opening auction, the stock he had selected yesterday opened three cents above yesterday's closing price, at 9.74 per share.

Feng Jun only gave it a cursory glance before shifting his attention to the phantom portion of the K-line chart.

Then he discovered, rather miserably, that his judgment of stock trends only gave him a half-hour advantage.

To put it another way, he entered the phone app at 9:32, and could see stock prices only as far as 10:02, along with the trend during that interval.

Of course, being able to foresee half an hour of stock movement was already quite good. But for Feng Jun, it felt... a little insufficient.

So he went in and out of the app, slowly testing all kinds of guesses. He even pulled up trading volumes for every period and checked them one by one to see whether they matched.

At 11:10, he confirmed something else: he could foresee stock movements over the next half hour, but that half hour was a maximum, not a minimum.

In other words, because the market closed for lunch at 11:30, his observation at 11:10 could