Calculation method for stock liquidation

2023-10-18
Summary:

Stock clearance incurs commissions, stamp duty, securities management fees, & handling charges. Ownership transfer adds a transfer fee.

Clearance refers to the act of selling all stocks or Securities, completely ending the holding or investment in a certain security. The reason for clearance may be due to investors believing that the market risk is too high, or they need funds themselves, or it may be a change in investment strategy. Clearing a position is a very thorough trading behavior, which means that investors no longer hold the security, regardless of its future development, and it is not related to investors.

Calculation method for stock liquidation

Calculation method and expense details of stock clearance fees

Stock clearance generally charges commissions, stamp duty, securities management fees, and securities trading handling fees. In addition, if ownership is transferred, a transfer fee is also required.

  1. Stamp duty: 1 percent of the transaction amount shall be charged unilaterally by the seller.

  2. Securities management fee: 0.002% of the transaction amount, collected in both directions.

  3. Securities trading handling fee: A share, charged bi-directionally at 0.00696% of the transaction amount. B-share, with a transaction amount of 0.0001%, is charged in both directions.

  4. Transfer fee: refers to the fee required to change the username after the stock transaction, which is only charged by Shanghai Stock.

  5. Securities trading commission: The maximum amount shall not exceed 3 percent of the transaction amount. The larger the stock funds held at the securities firm, the lower the commission. Starting from a minimum of 5 yuan, a single transaction less than 5 yuan will be charged 5 yuan.


Grasping stocks with continuous limit hikes

In the middle-line stock selection technique, if you want to make a medium- to long-term layout, you need to look at the current market situation. You can refer to the annual line (250 antennas) and half-year line (120 antennas) of the market index. If the trend is above the annual line and half-year line, it indicates that the current market is not a bear market. In the face of national policies and the overall decline of the stock market, investors should not have the mentality of taking chances to rebound or choosing buyers. They should take advantage of the situation, clear their positions, and wait and see. If the stock market rises sharply, you need to take advantage of the trend and hold stocks in the medium term.


Midline stock selection should be comprehensively analyzed from six aspects: K-line shape, technical indicators, relative price, company fundamentals, overall market direction, and stock theme. Some stocks with high P/E ratios and prices far above their intrinsic value should be abandoned.


As for how to catch stocks that have continuously raised their limit, The initial stock price has increased by over 6%. Must be 'generous'; The larger the increase, the stronger and more favorable the trend. Among the key conditions for limit-up, it is best to open high by 2 to 3 points and open low by no more than 2 points. During the decline process, it is not allowed to increase the quantity, but there is suspicion of shipment if the quantity is increased. The closing price is close to yesterday's closing price, and it is best not to form a gap.


Analyzing the trading position of a stock

It is reported that the market position includes the trend of the stock on that day. Analyzing the market position size of a stock mainly includes five parts, namely the commission ratio; Five-tier trading orders: opening and closing prices, price fluctuations, lowest and highest prices, volume ratio, internal and external trading volume, and total trading volume; turnover rate, total outstanding share capital, net assets, returns, and dynamic P/E ratio; Purchase and sale orders.


In the stock market, the position of a stock refers to the real-time trading data window during the trading process. In the market data, there are usually five types of listing data: commission ratio, trading and buying, stock opening price, stock closing price, stock price rise and fall, stock highest price, stock lowest price, stock latest price, stock volume ratio, internal and external market data of the stock, total trading volume of the stock, stock turnover rate, total share capital of the stock, circulating share capital of the stock, net assets of the stock, price to earnings ratio of the stock, expected returns, and net inflow of the stock. comprehensive data composed of a combination of bulk inflows of stocks and the concept of the sector to which the stock belongs.


Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

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