After the trading plan was confirmed, we began to buy cheap chips in various ways, which is also called fund-raising. After the initial opening of the warehouse, the distributor will test the characteristics of the chips held by retail investors before the promotion to understand the relevant situation of the chips held by retail investors, which is conducive to modifying the trading plan. If there are too many floating chips in the market and the sales pressure of dealers is too great during the trial sale, dealers will carry out long-term sorting, eliminate all factors that are not conducive to future delivery, lay a solid foundation and make full preparations for future hoisting.
Upon completion, the dealer will complete all the work before parking. At this point, the dealer will start the first round of pull-up, that is, pull-up wave. After the initial callback, retail investors who seize the opportunity to buy at an early stage will leave at a profit. Faced with the selling pressure at this time, the banker will restrain the dish washing, clean up the uncertain retail investors and attract off-exchange investors to buy, which will increase the cost of retail positions and provide step-by-step support for the next round of pull-up. This is the core stage of the transaction process. The stock price rises rapidly, and the profit margin of dealers mainly comes from the rise at this stage. Under normal circumstances, there will be two waves in the main pull-up, namely three waves and five waves, during which there will be a scouring process of the fourth wave. However, due to the different trading environment and trading plans, some stocks will rise by one wave, and some stocks will rise by two waves or more.
When the dealer raised the stock price to the target price, he began to gradually distribute chips to realize the return on funds. Because the shipment is not completed at one time, after a period of decline, dealers will use the retail psychology to attract more investors. At this stage, the dealer will try to distribute the remaining chips. After two deliveries, the dealer's chips have been used up, and the remaining chips will be sold wildly.