My friend has been in the stock market for many years. When the Shanghai Composite Index fell to 2,900 points this year, he thought the bottom had been reached, so he raised 10 million yuan on his own and another 10 million yuan in financing, and bought 20 million yuan at the bottom.

However, the stock price continued to fall, and when it reached 2,700 points, it was facing the risk of forced liquidation of margin trading. He asked me for help: "Brother, you have to save me! If the margin trading is liquidated, my assets will be reduced to zero."

I asked him how long he could hold on, and he replied: "I can only withstand one limit down." I said I could help him avoid liquidation, but the stock market is unpredictable, and this lesson needs to be taken seriously in the future.

At the beginning of February, I prepared 20 million yuan in funds and told him to transfer it to him if it continued to fall. On the 2nd, he called me anxiously to transfer money, saying that he was about to be liquidated. I replied that he would go and see the situation himself.

I have a gold card and a corporate account, which can transfer 10 million yuan at a time. I said to him, "Brothers, we should be clear about accounts. I will invest 20 million to increase my position. All profits and losses will be mine. Don't be jealous if you make money. I will bear the losses myself. If you agree, I will transfer the money. If you don't agree, forget it. This will not only protect you from liquidation, but also reduce the risk of falling losses." He agreed repeatedly and did as I said.

So on the 2nd, 10 million was transferred, and on the 5th, another 10 million was transferred. The 20 million was completed in 4 times of increasing positions.

On the 6th, the stock price rebounded by more than ten points, and on the 7th, it rose by nearly ten points, and rose by 21 points in two days. 20 million made 4.2 million. At noon on the 7th, I asked him to sell all the stocks I invested. Although he was reluctant, he had to do it because of my previous words.

Last night, he invited me to drink, saying that he was grateful for my help in keeping his margin trading from being forced to close. If it weren't for the 20 million yuan he injected, the market would have been forced to close when it dropped to 2,680 points.

He also said that my money had been transferred out and could only be withdrawn on the 8th, a total of 24.2 million yuan.

I said that my principal of 20 million yuan must be taken away in full, and I only want 4 million yuan out of the 4.2 million yuan profit, and 200,000 yuan will be considered as his trading fee. I will take 2 million yuan of the 4 million yuan for the New Year, and the other 2 million yuan will be considered as a loan to him, and he must return it regardless of profit or loss. My friend thanked me profusely, wrote a 2 million yuan IOU on the spot, and gave me two bottles of wine after we had a good meal.