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Chapter 21 High Masukura

After leaving school, Su Yue returned home, and when he saw it was still early, he went to Huaxin Securities.

The price of Shanghai copper closed at 33,100 yesterday. Due to the shift in the central bank's exchange rate policy, the exchange rate of the Chinese currency against the US dollar rose by more than 400 points in the evening. At the same time, the US dollar index fell sharply, causing the price of Shanghai copper to jump directly to the opening of the 33,350 price point today, and rose to the 33,500 line.

Su Yue looked at the significant gap on the Shanghai copper k-line and the small step climb that had been almost half a year ago, and knew that the main increase in the first stage would probably begin.

Yesterday's Shanghai copper trading volume hit a year-on-year high.

Driven by news events, the huge K-line that marked the reversal, first suppressed and then rose, lured and killed a large number of bulls, and then caused countless bears to fall into the trap.

In the final analysis, futures contract holders in the financial market are just a zero-sum game.

When you cannot grasp the industry context and understand the real supply and demand relationship of the market, it is best not to predict the trend, because your predictions are often wrong.

At this time, you only need to observe the emotions in the field.

When a large number of bulls gather and few short positions are placed in the market, even if the long-term trend is still upward, the bulls will inevitably encounter Lingli's cleaning and fluctuations.

Because it does not attract a large number of short orders to enter, how to close the position?

The price changes bring only numbers to your account. Only when you close the position, make a profit or lose money will it become real money.

A large number of new shorts only appear when the market falls, or when they think the market is reversing.

Therefore, only Lingli's downward trend can induce a large influx of bears.

After a violent fluctuation the day before, Su Yue saw that the trading volume in the morning shrank significantly, and smiled faintly. He knew that many short sellers who built positions yesterday were still reluctant to close the positions and were out. He couldn't help but transfer funds. He continued to buy 4 lots at the price of 33,505, and then reserved a margin of about 20,000 yuan.

The so-called short sellers do not die, and the bulls do not stop.

As long as the shorts traps in yesterday were not forced to close their positions in large quantities, the market would not be over.

On August 1, before the Federal Reserve raised interest rates, the entire market was in a vacuum period, so Su Yue was not worried that the price of Shanghai copper would change suddenly in the past few days.

"You are so brave to chase high prices and increase your position."

Gu Yunxi came to him at some point. Seeing him operating, she couldn't help but say something.

Su Yue laughed, pretended to be simple, pointed to the trading interface and said, "Sister Gu, how beautiful the K-line of Shanghai copper has been in the past six months. After yesterday's big positive line reversal, it opened higher today. The price directly jumped over the previous high, leaving a gap of new highs, and the important moving average has also begun to diverge. Isn't it a sign of main rise?"

Su Yue actually doesn't believe in the so-called technical analysis.

Let’s not talk about the three basic conditions required by technical analysis, just talking about the moving average and the so-called trends are actually lagging behind the market.

Following the operation, it is often impossible to keep up with anything and it is difficult to make money.

The reason why he said this was that he didn't want to expose too much in front of Gu Yunxi, which made her suspicious.

"Your skills are well-trained, but the specific trend analysis must be judged based on market news and basic supply and demand relationship changes." Gu Yunxi showed some praise to Su Yue, "Securities analysis is a very complex thing. After all, the market is changing rapidly, and no one dares to say that he is really making accurate judgments."

"Then did I place the wrong order?" Su Yue asked nervously.

"Although the timing and position are not ideal, it is not wrong. As you said, after hesitating for half a year, the next week will probably really rise." Gu Yunxi smiled, "After all, my country's economic development in the first half of the year is far beyond international expectations. The trend of international copper prices is even better than that of domestic. It is probably difficult for Shanghai copper prices to fall back. So...even if you make a mistake in judgment and Shanghai copper does not rise, it is likely that you will not lose money."

"Sister Gu is amazing!" Su Yue couldn't help but give him a thumbs up.

He really admires it from the bottom of his heart.

The reason why Su Yue dared to pursue high positions was to take the memories of later generations and could clearly judge the current market situation, but Gu Yunxi did not have these.

She can analyze the situation in an incisive way and make accurate judgments entirely based on her own abilities and experience.

Su Yue originally thought that she was so young and could be the chief investment consultant of the business department because of her family background. Now it seems that even without a family background, Zhao Yongfu could not be her competitor.

"Sister Gu, why don't you join the company's asset management and investment department? Even if you can't be a team manager because of your age and qualifications, and you can't control the investment authority of self-operated funds, but being a trader is more promising than being an investment consultant in this client department, right?"

Su Yue was curious and couldn't help asking.

"You know a lot about the functions of securities companies." Gu Yunxi looked at him with a smile and sighed, "The company's strategic investment department has too many monks and less porridge. Self-operated investment funds are only allowed to enter with senior people in the industry, or traders with extremely rich experience. I... of course, it is far from qualified."

"Actually, it's pretty good in the business department. I see all kinds of people every day, and occasionally learn new things, but I don't have much profitability requirements, so I feel very relaxed and comfortable."

Su Yue saw that there was still some expectation and yearning in her eyes, but it was not clearly revealed.

"Sister Gu, if there is a private equity fund in the near future and wants to invite you to be a fund manager, would you be willing to give up your current position?"

"In the current market, private equity funds are almost dead. Many large public funds and securities firms have lost a lot of losses. Who would ask me to be a fund manager?" Gu Yunxi smiled, "You might as well ask me when the securities market will get better and the financial market will regain prosperity."

Su Yue laughed and said nothing.

He just tried it out, and Gu Yunxi did not refuse it explicitly, which proved that he still did not reject invitations in this regard.

"Why didn't Boss Han come today? He's basically there every trading day?" Su Yue saw the empty space behind him. "The person who is still insisting on trading is so bleak. He is also a true fan of the securities market."

"Maybe it's a habit that has been formed over the years. Lao Han is an old customer in the business department. He stayed in the trading room before I came." Gu Yunxi smiled faintly, "I heard that his business has been going well in the past few years and has made a lot of money. Although he is not suitable for trading, he has a good attitude to lose money. No matter how many times he loses, he is not afraid. It's interesting to think about it carefully."

Before she knew it, when chatting with Su Yue, she had already felt like chatting with a soulmate of the same age.

Unrestrained and stress-free.

Su Yue thought about it and said lightly: "The building materials business has a great positive correlation with infrastructure and real estate. Since the new century, benefiting from the macro route of urbanization across the country, the development of real estate and infrastructure has been making rapid progress. The building materials business will naturally not be much worse."

"I can't tell that you have such a clear understanding of the macroeconomics."

Gu Yunxi chuckled, and suddenly had a thought in her heart: "My second uncle can be considered an expert in research on domestic economy. I see that you have some talent in economics and finance. Why not introduce you to me at any time?"

"Your second uncle?" Su Yue was stunned.

Gu Yunxi showed a proud look on her face and said in a deep voice: "Have you heard of Gu Zhengqing, a doctoral supervisor at Huaxia University of Finance and Economics?"
Chapter completed!
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