Convertible bonds can't be bought all the time when they are rising rapidly. Wait for the bill to be withdrawn and then hang it. The convertible bonds have risen to a high point and dare not chase it! Or when you want to sell convertible bonds, you can't sell them in time because the price falls too fast and too slowly in a auto faster, and as a result, you turn all the profits back into losses.
1. How to buy and sell convertible bonds quickly?
Bidding rules during the season? Continuous bidding for intraday trading is based on the principle of price priority and time priority.
Therefore, in the normal atmosphere of convertible bonds, when submitting the declaration of buying bills, the declared price should be as high as possible at the current price 1-2 points, and the sell order should be as low as possible at the current price 1-2 points, so as to complete the transaction quickly. In an explosive atmosphere, the general mood is extreme, so the price rises and falls quickly. We can properly adjust the hanging point to 3- 10.
Tip: the entrusted price is not the final transaction price, but only for the purpose of quickly matching the transaction. The final transaction price is the real-time current transaction price.
2. So how do we set stop loss and take profit?
In the operation of convertible bonds, it is the core part of the profit model to use the stop-loss mechanism to control the operation error withdrawal valve. There are usually two ways to judge the stop loss of convertible bonds. The first is the constant percentage stop loss method, and the second is the time-sharing life-and-death line stop loss method! Constant percentage (usually set to 1% or 3%): withdrawal or loss 1% or 3%, and the discipline of taking profit and stopping loss shall be strictly enforced.
In the operation of convertible bonds, it is difficult to judge the trend of time-sharing rise and fall most of the time. Many people will have frustrating consequences if they operate at will. When they are profitable, they may sell too early, resulting in missing a large profit margin, or they may not be able to sell at a high level in time, resulting in profit taking by elevator; When losing money, it will not be brain-dead, which will lead to an infinite expansion of losses. At this time, it is necessary to formulate strict stop-loss discipline to avoid the above risks! For the vast majority of retail investors who are not sensitive to time sharing, constant percentage is the best stop loss method!