0969 see internet
It turned out that when Lao Ni came to ask about Chen Yaqin's account, Chen Yaqin had reservations. This was to reserve space for them. If the market reverses and profits are taken, the pressure will not be that great.
Now that all the orders have been closed, and the transactions at this stage have all ended, Chen Yaqin can tell Lao Ni about the real situation of the account. The reason she gave was to give him a surprise, and Lao Ni was indeed surprised. Unexpectedly, in just half a year, Ren Yongrong and Chen Yaqin made 20 million to 400 million.
Although Chen Yaqin repeatedly emphasized to him that this is because we happened to encounter the Asian financial crisis and we did the right direction again. This is not something that we encounter every year. On normal days, money is not that easy to make. This is the case in the financial market. The more crisis there is, the greater the opportunities and challenges. We make money, but more people lose money.
Old Ni said with a smile, I don’t care about these things. There are so many people all over the world, so I can care about what other people do, as long as we make money.
Lao Ni is not a stingy person. He gave Ren Yongrong and Chen Yaqin a bonus of one million each. He believed that this was the development direction he found in the factory he worked hard in. He had completely dispelled the idea of doing real estate again.
Lao Ni decided to pay another 100 million yuan to go to Hong Kong, but he asked Liu Ligan for help. He believed that only more investment would bring more benefits. He was also planning to expand Ren Rongrong's financial business department.
Ren Rongrong is very welcome to this point. When doing transactions, there are too many trivial things to do. You must collect daily data and information so that you can find reliable information when you do market analysis. At that time, unlike now, there is a computer where you can find any information online.
At that time, all the information needed to be found from newspapers and TV, and from Hong Kong people every day to find faxes, and copy them with pens, including trend charts, which were also drawn by them themselves. This kind of work is boring, but it is a must-do homework. The daily workload can be said to be very large.
Ren Yongrong recruited two girls as assistants for himself and Chen Yaqin, and also recruited one girl to do chores in the department.
Old Ni was surprised and asked Ren Rongrong, why did you recruit girls?
"It's convenient for women. We have to move at any time in our business for 24 hours and don't contact the outside world. In the office, I just wear slippers and pajamas. When I'm sleepy, I'll pour it on the sofa. When the time comes, I get up. I still have eye booze in my eyes, so I don't care about wiping it, so I'll start working immediately.
"It's so inconvenient to recruit a man. Besides, when a man and a woman are together, it's easy to be distracted when working. In our industry, the most unwilling thing is distraction. Why do you want me to find a man and stare at Chen Yaqin all day long?"
The relationship between Lao Ni and Chen Yaqin has nothing to hide from Ren Yongrong, so Ren Yongrong is not shy away. He joked that Lao Ni pointed at her with his finger, clicked, and said:
"Okay, you decide on your department."
Ren Yongrong said that he didn't come to work before the Spring Festival, but when he went back to his hometown, he stayed at home for two days, and then ran back. Chen Yaqin asked her why she didn't stay at home for a few more days.
"I can't stay there at all. The mountain valleys are not for people." Ren Yongrong said, "Every morning, I wake up and go to bed at night, the surroundings are too quiet. All I hear are the sounds of ghosts and wolves crying and howling in the market. There is no way, I am no longer suitable for living that slow-paced life."
When Ren Rongrong came back, there was another important thing to do. Her colleague from the futures company called her and told her that Hangzhou had just opened the Internet. The computers of their futures company were connected to the Internet and installed foreign trading software. If necessary, they can now directly make foreign disks on the computer.
After Ren Yongrong learned the news, he could not stay in his hometown. He immediately returned to Hangzhou, went to the Public Security Bureau, applied for Internet access qualifications, and then went to the Post and Telecommunications Bureau to go through the Internet access procedures, buy a modem, and then buy a computer. Together with Zhang Chen, they became the first batch of netizens in Hangzhou.
Zhang Chen was Zheng Huihong who told him the news, so Zhang Chen also went to handle it immediately. When the computer was connected to the modem and then connected to the telephone line, the modem beeping for a while, and then made a uniform beeping sound, indicating that it was connected, and then it became silent.
When a rotating earth appears on the computer screen and the words "Welcome to the International Internet" appear on the computer screen, Zhang Chen suddenly feels that another world in front of him is open.
When he opened the booklet sent by the Post Office, he saw the recommended websites, including the New York Times and almost all the big news media in the world, as well as the Louvre, the Metropolitan Museum of the United States, and the British Museum in London, Zhang Chen felt an impatient feeling. He quickly entered the website address of the Louvre. The website opened very slowly, opening it bit by bit.
He then opened another window, entered the Metropolitan Museum, opened another window, entered the British Museum, and went back to see the Louvre, and only opened one third, which also excited Zhang Chen. This is the Louvre, and there are so many good things to see inside.
The same is true for Ren Yongrong and the others. When they connected to the Internet through a modem, the first thing they did was to register a Yahoo email address and tell David the email address. David sent them the transaction software. Ren Yongrong listened to David's instructions on the phone, installed the software, and after registering, David gave them another authorization code.
When they entered their account and found that they could watch the market and trade directly on the computer, Ren Rongrong felt relieved. She felt as if she had wings and finally could fly.
At this time, she was particularly upset that on December 13, they didn’t have a computer yet. Otherwise, how exciting would it be to stare at the real-time disk on the computer and watch the Korean won approach 1650 little by little?
"Maybe David is right," Chen Yaqin said, "I think I will be unable to control it. Maybe I will level it when it reaches 1,600."
Ren Rongrong thought about it and it was true. David had to endure it because he had no right to close the position and had not received their instructions. If he clicked on this computer a few times, he could close the position. It was really hard to say whether he could hold it back, because for them, there was not much difference between closing the position of 1600 or 1650, and no one required it to be 1650.
"No, no," Ren Yongrong said, "Yaqin, I think this is too convenient. People sitting here and looking at the computer will really not be able to control themselves. If there is really no way, you tie me to a chair." Ren Yongrong said.
Chen Yaqin smiled and said, "Okay, tie you up, but I will close the position myself."
"Yes, what should I do?" Ren Yongrong was also distressed.
"Or it's like this, it's so smooth." Chen Yaqin said, "Our computers are only for viewing the disk. The order transactions in the system are left to Ma Li alone. We are only responsible for issuing instructions and not actually operating them. This way there is a buffer. We regret it and have no time. The most feared thing is impulse trading."
Ma Li is Chen Yaqin's assistant, Ren Yongrong's assistant is named Baozhen, and there is another new recruit named Xu Aijuan.
"This is not enough." Ren Rongrong said, "A few of us want to do a division of labor. Before the transaction, we will discuss a trading strategy first. You and I can issue trading instructions, but Baozhen is responsible for checking that our command code does not meet our strategy. If it meets, she will hand it over to Ma Li to execute. If it does not meet, it will be returned and reminded us to reconsider it.
"Only in this way can we ensure that our trading discipline is strictly enforced. If it is too casual, we will mess up ourselves in less than three days."
Chen Yaqin said yes, and she also felt that Ren Yongrong's consideration was very thoughtful. The operation on the market was too casual and could easily be disrupted by the small fluctuations in the market. You just rose a little and you wanted to put your pockets in order to save money. When you fell a little, you were anxious to close your position and leave the market and control your losses. When you want to enter the market again, it would be too late.
This is not a good deal for trading. You should know that the market is changing every minute. The decline at this moment does not mean that it will still fall at the next moment, and the rise is the same.
If you don’t do trend trading, you just do fluctuating trading every day. If you don’t talk about it every day, you won’t make money.
"Just do it like this, Rongrong. You have been in a futures company before. You have experience. I think you need to write something and then we all follow it." Chen Yaqin and Ren Rongrong said.
Ren Rongrong thought Chen Yaqin's words were correct, so she immediately wrote down a two-page management system, which clearly wrote down each person's job responsibilities and work content and operating procedures, and handed them over to everyone.
When they were familiar with trading software and could really start placing orders, Ren Rongrong and Chen Yaqin realized that they had already put invisible pressure on themselves at this time. Like many other people, they didn’t know whether they should continue to short or buy long at this time. Shorting felt that the entire market had fallen to this level and should have bottomed out. At this time, the risk of shorting was very high.
If you go long, such as Korean won, if they turn a long flip between 1650 and 1700, it should be a good opportunity. Now it has rebounded to around 1580. If you buy it again, you will feel unsure.
At the same time, the entire market was also in a sluggish atmosphere, and the crisis seemed to continue. There was no news response. The market was about to start to improve. At this time, we had to go in and buy at the bottom, but I was afraid that in the end, I would find that I was halfway up the mountain.
Ren Yongrong and Chen Yaqin hesitated for several days and did not make any moves. They were all surprised by their behavior.
They read various information and information every day. With trading software, another advantage is that market information is published every day in the software.
Chen Yaqin doesn't understand English, and the trading software is in the English version. Whether or not you understand English does not affect the market viewing, but it will definitely not work to read the market. This work is done by Ren Rongrong and Xu Aijuan. Xu Aijuan's English is very good.
Xu Aijuan stared at the computer and translated the information above to Chen Yaqin. She found that half of the daily news was about Japan, and it was all negative.
Chen Yaqin asked Ren Yongrong: "Yongrong, you said, Japan is so bad, why is the decline of the Japanese yen not as big as the Korean won?"
Ren Rongrong thought for a while and said, "It is probably because Japan has strong economic strength and relatively rich financial resources, so it is difficult to short the yen."
Ren Rongrong stopped the work in his hand, looked at Chen Yaqin and asked, "What do you think?"
"I just think it's unreasonable. The yen should be worse than now," said Chen Yaqin.
Chen Yaqin's words reminded Ren Yongrong. Thinking about it carefully, she also felt that so many Japanese financial institutions have gone bankrupt one after another, and the yen should depreciate by 10% again, which is reasonable. Ren Yongrong said:
"Or we short the yen?"
Chen Yaqin said yes.
They were at the highest point of the yen that day, when they used one-tenth of their position to short the yen when they were 119.02 against one dollar.
Chapter completed!