Chapter 136 Start Operation
Early Wednesday morning.
Wang Zuqiang, who had returned to Jinling, called and said that he had paid back the two million yuan loan, but his family was completely in chaos now.
Although his elder brother was moving around to inquire about the situation and his mother was working hard, both his father Wang Zonghai’s subordinates and friends who often interacted with each other at home were afraid of being involved in the Wang family and avoiding them like snakes and scorpions.
Xie Yunpeng, who was drunk yesterday, sat on the bed listening to Wang Zuqiang's complaints on the other end of the phone and sighed. "Zuqiang, this is reality, so I asked you to repay the loan as soon as possible, otherwise the money would become a problem for your father. You should stay at home these days to comfort your mother. Since it is two rules, it is difficult to do anything now. Don't go everywhere to ask for information, it's useless..."
"Brother Xie! But I can't just watch it..."
"Then what can you do? What can you do?"
Two consecutive questions left Wang Zuqiang speechless.
Xie Yunpeng, who was reminded by Wang Zuqiang to stay at home and wait for the rest of the day, saw that it was already nine o'clock in the morning. On the way, he asked Xiao Liao to buy breakfast and went straight to the trading room on the eighth floor of the Magic City Business Department of Taihua Securities.
When he pushed the door and saw that Fu Zhengyi, who was sitting in front of the computer, was holding coffee in one hand and holding half of the fried dough sticks in the other hand, was gnawing.
It seems that it was too late to get up. Xie Yunpeng, who sat down, started to have breakfast, and Xiao Liao went to handle the procedures for registering funds. Soon, the m506 from the Nantian Provincial Futures Exchange opened the market. Before he finished eating, Xie Yunpeng saw that Fu Zhengyi had already started placing an order. He was shocked and pulled a chair and came over.
Although Xie Yunpeng didn't understand the trend of m506, it can be seen that there was a calculator, paper and pen in front of Fu Zhengyi. After placing the order, he began to use the calculator to calculate, and then recorded some numbers on the paper. So he asked in confusion. "What are you doing?"
When he was doing 327, Fu Zhengyi clearly remembered the price changes in the past month. For m506, Fu Zhengyi only remembered a rough time and price. Therefore, this time he was planning to try to use technical analysis methods in the early stage and use small positions to try trend trading effects in the morning.
Price movement index, trading volume increase and decrease trend, macd, kdj and other various methods to predict price trends, with Fu Zhengyi's calculation and real-time verification, Fu Zhengyi found some rules.
The current domestic price of m506 palm oil has dropped to 9200, but the price of the expected exchange remains at 9300. The bulls and bears are currently evenly matched on the market, but the holding volume is rising steadily. Obviously, both bulls and bears have the idea of using the advantages of capital to blow up the opponent's trading.
After a while, Xiao Liao came back with the bill.
Fu Zhengyi, who had put the 40 million bank note in the early morning, roughly calculated it and found that he had made more than 3,000 small positions by using technical indicators. Although such profits were inconspicuous, they were the profits he made by using technical means. Therefore, he turned his face and said to Xie Yunpeng. "I will not avoid you in today's operations, but you can no longer interfere with and know this account from tomorrow."
Xie Yunpeng, who was sitting next to Fu Zhengyi, watched his three transactions, although he was not sure about the profit of more than 3,000, he found that Fu Zhengyi's buying point was almost the moment when the price fell, and the selling price was not the highest, but when the price reached the peak and fell for the second time, he placed the order decisively and without hesitation, so he curiously asked about the reason.
"Price is a manifestation of psychological factors. What is currently regarded as a classic is 'quantity comes first', but in fact this sentence is inaccurate. Price is the only criterion for measuring trends and making predictions. It is by no means that there is price with quantity, but price is quantity..."
Xie Yunpeng really couldn't understand such a lot of professional terms, but seeing that Fu Zhengyi was explaining it and also issued a long order, the entry point was almost exactly similar to before, Xie Yunpeng said with a wry smile. "I really don't understand these. You should concentrate on doing things, and I won't come in the future."
I was already planning to try the market this morning, so it doesn't matter if anyone around Fu Zhengyi is watching. After thinking about it, I said that although the leverage given by Taihua Securities can be very high, m506 is a product of the Nantian Provincial Futures Exchange, so the margin is actually 30%, and its leverage is equivalent to more than three times. Therefore, unless there is an extreme market situation, there is basically no possibility for both bulls and bears to beat the opponent's trading there no matter where they want to blow up.
Xie Yunpeng was a little surprised when he heard this. Yesterday, Mu Tianfeng told him that Mu Tianfeng's leverage on the Nantian Provincial Futures Exchange was 30 times, which led to the opening of the afternoon when the m506 showed a cliff-like decline, which caused Wang Zuqiang's funds to lose 20% more. In the end, he only got back 700,000, so he asked, "Then are you bullish or bearish?"
"Of course, it's bearish. The Philippines' inventory of palm oil has continued to rise in the past two years, and climate factors have also led to an increase in its output. In terms of the domestic environment, the country needs to keep the prices of productive materials stable, so m506 naturally needs to be bearish. At present, the current price and futures prices are inverted. You can't bet every time that the relevant departments declare the transaction invalid, right?"
While speaking, Fu Zhengyi issued two long orders in a row, which made Xie Yunpeng confused. He pointed to his position and asked. "Huh? Don't tell me about technical indicators, market prices, and problems in the domestic environment. Why do you say you will short but are opening long positions now?"
"Day trading naturally needs to follow the trend, but I will definitely close all long orders before the closing..."
He still didn't understand it, but Xie Yunpeng, who heard it, heard it, and it turned out that it was Mu Tianfeng, who was in Nantian Province.
"Brother Xie! I heard you found that kid to trade for you?"
"I will make up for Zu Qiang's losses first. He can't afford to lose money now!"
Mu Tianfeng was silent for a moment before he spoke again. "Brother Xie, I know you think I shouldn't have pulled Wang Zuqiang to continue trading futures together, and I shouldn't have rashly provoked this kid Fu Zhengyi. But this time I really have accurate news. The vice president of the Nantian Futures Exchange also participated. The market should have a result soon. If you want, you can actually join, it's just a share of the pie..."
Unwilling to continue to worry about this issue, Xie Yunpeng interrupted the other party and asked, "Are you still watching the whole thing?"
"Yes! The price of m506 will definitely rise to 10,000 next month. If the exchange can attract some large capital investors and institutions to enter the market, the target price will be 12,000..."
Xie Yunpeng, who covered the microphone, turned his face and asked Fu Zhengyi. "The second brother is still watching long. He said that there are people from the futures exchange trading there..."
I had already talked about this yesterday. Fu Zhengyi knew that the person who got his trading list from the Magic City Sales Department of Taihua Securities was Mu Tianfeng, and he knew that the other party was doing his best to go long with the big money in Nantian Province. Therefore, he hesitated and said. "I only look at the market and market environment. With the current situation, the risk of going long is too high. I will not believe in any inside information. I believe that I can use funds to crush the opponent's market..."
Xie Yunpeng, who understood Fu Zhengyi's meaning, nodded and left the trading room before he said to Mu Tianfeng. "Tianfeng, I should be mainly short-selling here. If you go long, then pay more attention to the market and be careful to sail the ten thousand years of ship..."
Mu Tianfeng on the other end of the phone was silent for a long time before he asked, "Mr. Xie, how much money do you have?"
I didn't say the 40 million that Fu Zhengyi invested, but only told Mu Tianfeng that he had invested 7.5 million. Mu Tianfeng laughed as soon as he heard it and said, "Brother Xie, I really want to persuade you to go long. The funds of the deputy general manager of the exchange have exceeded 500 million, and subsequent funds are still coming in. Don't look at the current situation of long and short positions on the market. After the trading time is changed at the beginning of next week, it is time for longs to squeeze shorts. Since you are willing to listen to that kid, I don't advise you much, but if you insist on shorting, you must be careful of overnight positions and don't hold too many short positions for the weekend..."
Mu Tianfeng's attitude was quite sincere. Xie Yunpeng had known him for several years. He knew that although this kid was a little clever, he never hid it from him in major matters. Therefore, after hanging up the phone, he entered the trading room. Seeing that Fu Zhengyi had opened many long positions, he felt a little confused, but thought that since he said he would not interfere with the operation of the joint account, he endured it and did not speak.
At three o'clock in the afternoon, when the day's trading ended, Fu Zhengyi's intraday trading used less than one-fifth of the funds. Although the profit was less than 200,000, he closed all his long positions before the closing and held only a short position with a market value of 8 million, preparing to continue tomorrow.
Yesterday, m506 created a huge position of 47,944 lots. Fu Zhengyi knew that his time was not a lot, so he decided to build his position before the weekend.
Xie Yunpeng, who glanced at the positions and profits, was not satisfied with this situation, but now he already roughly understood Fu Zhengyi's operations and was truly impressed by his high and low points. His caution when placing an order made him understand that this kid is very principled for risk control, so he said after Fu Zhengyi turned off the computer. "I won't come here from tomorrow. As long as the account is in a profitable state, you don't need to tell me."
Thinking of the trading company I went to on Tuesday morning, Fu Zhengyi, who had not yet settled the car buying matter, said that he wanted to go to the car trading market to continue looking at cars.
"No need to go. If you really want to buy that Ferrari 348, I'll send the procedures to Yanjing, and I'll get it done for you as soon as possible..."
"In addition to that one, Yuyao also needs a lot of official cars and RV viewers to buy a real estate company. I need to go and see Iveco again..."
Xie Yunpeng waved his hand and said, "This is simple. Let's just go to Laotian's store. He will come out to transfer the models he doesn't have. I will call the people from the vehicle management office to come over and I will do all of them for you on weekends..."
Chapter completed!