14：网格策略，破网之后的应对案例

Core Viewpoint - The article discusses grid trading strategies, focusing on how to handle situations when the price breaks through set grid levels, both upwards and downwards, and emphasizes the importance of market conditions and company fundamentals in decision-making [3][11]. Group 1: Grid Trading Strategy - The grid trading strategy involves timing the purchase of a base position and setting a grid for trading within a defined range, with an expected maximum return on capital exceeding 10% before liquidation [3]. - There are two scenarios for breaking the grid: upward and downward, each requiring different handling strategies [3]. Group 2: Case Studies - Yonghe Co. is identified as an example of the first scenario, where the stock rose from 20 to 33, then stabilized around 27 after a pullback, leading to a decision to buy a base position based on anticipated market recovery [5]. - The stock experienced a decline after purchase, with a grid lower limit set at 26. If this price is breached, the grid will automatically pause, but the stock's solid fundamentals suggest holding unless future earnings reports deviate from expectations [7]. - Juxing Agriculture is presented as an example of the second scenario, where the stock followed a price increase from 15 to 24, then entered a sideways trading phase, prompting a grid setup based on expectations of a bottom in the pork cycle [9]. Group 3: Market Conditions and Responses - After breaking the grid, the grid operation pauses, and no purchases are made during the decline. If the price reaches a previous support level with signs of stabilization, a bulk purchase will be made to restart the grid [11]. - The article notes that the current downward trend is clear, and buying should not be countered unless the fundamental outlook for the company and industry remains unchanged [11]. - An upward break example is provided with Shilong Industrial, which broke through the grid with a strong upward movement, leading to a pause in operations until a significant price drop occurred, prompting a manual reduction in holdings [13]. Group 4: Conclusion - The article concludes with a summary of the grid trading methods and emphasizes that all trading operations discussed are for technical method exchange and not investment advice, highlighting the dynamic nature of investment decisions based on ongoing information flow [11][13].