This is Chen Qiaoshan’s expectation, but he knew that this goal was difficult to achieve.

Although I usually brag, I often see 1:10 or 1:20, and it is possible to raise funds, but stock trading is nonsense.

The Chinese stock market implements t+1, that is, the stocks bought on the same day cannot be sold until the next trading day.

Moreover, there is a 10% increase or decrease limit. In order to ensure the safety of the principal, the fund allocation provider can theoretically provide a maximum allocation ratio of 1:10.

Of course, there are also extreme cases, but they are all institutional investors or large customers with guaranteed reputation, so Chen Qiaoshan naturally does not expect it.

In fact, one to five is also a luxury. In order to ensure the safety of the principal, securities companies will increase the closing line.

For example, 100 yuan is 1:5, plus a deposit of 600 yuan.

In order to ensure the safety of the 500 yuan principal, brokers will set the minimum closing line to a 10% closing line.

In other words, when the stock falls by 550 yuan, the brokerage will ask you to add margin, otherwise the position will be closed.

Although the closing position is back at this time, although the principal is taken out, the interest, transaction commission, stamp duty, and garbled calculations are also required to calculate the money.

Wang Wei said: "Mr. Chen, can I check your ID card?"

Chen Qiaoshan was stunned, but he still took out his ID card and handed it over.

Wang Wei took it and looked at it carefully, and said, "Mr. Chen is very young and promising!"

Chen Qiaoshan understood that this was not a praising person.

He smiled slightly and said, "Director Wang, your captain of the Ningbo daily limit suicide squad is not a few years older than me, right?"

Chen Qiaoshan is talking about Xu Xiang, a native of Ningbo. He entered the stock market with tens of thousands of yuan at the age of fifteen, and made a huge reputation.

Wang Wei was stunned at first, but his expression immediately relaxed, and he said with a smile: "I can't tell, my little brother is also an insider, and I know this."

Chen Qiaoshan didn't show his face, but he felt a little relieved. Today, he was lucky and met an acquaintance. It seemed that he might get a good price.

He couldn't help but sigh in his heart that coincidences are really everywhere, and Xu Xiang's follower is now at Tianyi Securities.

But it is no wonder that Xu Xiang is still living in Ningbo now and is a completely small retail investor.

Chen Qiaoshan laughed in his heart, why didn’t he be the same?
Chapter completed!