Chapter 174 Crazy Lifting (3)

It’s just that they are doomed to be disappointed, because on this day, not only one main force of bulls is driving up the price of copper, but two or even three main forces of bulls are driving up the price of copper, including not only the well-known Quantum Fund, but also the Binzhong Tainan, who has always dominated the copper futures market.

  After the price of copper futures stayed at 2032 US dollars, the transaction volume and transaction speed began to slow down, and the upward offensive also weakened. The short sellers saw the opportunity and opened short positions with a total number of nearly 5,000 lots without hesitation, suppressing the price that was still on an upward trend to $2020 in one fell swoop, and it is still falling.

"Hinaka-san, are we..." In the trading department in London, a flushed trader no longer cared about the most basic etiquette, and asked loudly to the old-fashioned Hamanaka Yasuan .

"Fujiwara-san, is this your attitude towards your superiors?" Before Hamanaka Tainan could react, another trader who was obviously older than this Fujiwara immediately questioned loudly: "Baga, the leader of the Yamato nation The spirit is broken in the hands of people like you, it really shames the country!"

Japan is a strictly hierarchical society, and this concept has seriously penetrated into every corner of society, even in large clubs known for their modern management, especially among these older people, it is even more ironic that they cannot go beyond the class the rule of.

But the new generation of Japanese has been gradually westernized and began to express their negative voices against this hierarchical society. This is why the trader dared to question Hamanaka Yasuo, and why he was rejected as soon as he said a sentence. Immediately sternly reprimanded the reason.

  People with old ideas want to maintain the original system, while the new generation is eager to try, ready to challenge these potential rules at any time.

This is what Binzhong Tainan is thinking now. He still wants to hear the next argument between the two, but the trader named Fujiwara is dumb first. Maybe he doesn't care about the spirit of the Yamato nation at all. What country is ashamed, but he cares about the job in London.

Different from most countries in the world, Japanese companies generally implement a lifetime employment system for employees, that is, when an employee enters a certain company, his salary and other aspects are basically linked to his working years. Employees stay in this company all their lives.

Japanese companies have a very strong sense of social responsibility, especially large companies have a strong sense of cultivating talents for the country, so Japanese college students learn theoretical things in colleges and universities, and then continue to train in companies for three to five years. Then engage in higher, more sophisticated, and more professional research.

This is very different from companies in some so-called big countries. Although the GDP of some countries has surpassed Japan to become the second in the world in later generations, there are not many companies with a sense of social responsibility and honor, or even a few. It's a pity that even those companies that have entered the world's top 500 companies have a mutual use relationship with their employees.

What's even more ridiculous is that it is natural for employees to earn money from work and corporate capital to profit, but some companies want to create their own corporate culture in a pretentious way, and the ultimate goal is still to make employees work hard. without return!

  Tainan Hamanaka opened his eyes leisurely, looked at Fujiwarasawa who had an angry expression on his face, and then at another trader who spoke, and then said slowly: "What is our current position?"

   "12,203 lots, except for some short positions that were partially hedged in Yuanyue, there are about 10,000 lots that are long positions, with an average price of $1,978." Fujiwara Ze immediately replied as soon as Hamamaka Tainan finished speaking.

   "Close 1,000 lots of the newly opened positions today, and try the market's reaction." Yasuo Hamaka took a deep look at Fujiwarasawa, and then said a little casually.

"What?" Now not only Fujiwara, but even the older trader just now was a little confused. According to the strategy they formulated earlier, they wanted to raise the copper price in one go, but now they want to level off part of it. Isn't it at this time to add power to the bears out of thin air?

  Hamakayasu also didn’t explain. At his level, he basically didn’t need to explain to anyone in the Sumitomo Corporation department in London. He nodded slightly, indicating that he had nothing else to say. Seeing this action, the two traders bowed and walked away with a tactful bow, and went to issue the order that confused them.

  In Binzhong Tainan's heart, he has always been doubtful about the intention of a bullish force that appeared some time ago, but this does not hinder his trading plan. In fact, when Zhongshi’s funds to drive up the copper price appeared, he initially thought it was the bullish force of the previous few days. The long-term forces are basically concentrated in the morning trading session, and in the afternoon, this force will basically not appear again.

   After thinking for a while, he realized that this must be due to the time difference. The opponent might be funds from Asia or America, which should not be from the same source as the other funds.

What he has to do now is to force another bull force to take the initiative to show up, because when he raised the copper price for the first time, he unexpectedly discovered that the amount of money he invested was not enough to raise the copper price to the level it is today. At this point, the most likely explanation is that this force, like him, chose to raise the price of copper today.

  The 1,000-hand liquidation order, combined with the short counterattack at this time, may be able to suppress the copper price to the psychological barrier of 2,000 US dollars. If this can't force another bull to show up, then he will consider using his own funds to continue to increase the price of copper.

  Thinking of this, he couldn't help snorting coldly, no matter who it is, as long as they want to play in this market, they must first ask him, the boss!

  …

In the United States, seeing copper prices fall from $2,032 to $2,020, and then continue to fall, and it has reached $2,010 in a blink of an eye. Druckenmiller still has no intention of taking any action. Don't worry, compared to the price at which they opened their positions, it is still a profitable situation.

   "Keep going up!" Druckenmiller's expression changed as the copper price changed in real time. He naturally understands the idea of ​​another main force of bulls, but others can afford it, but he can't afford it. If investors can't give a satisfactory answer in May, the pressure of huge redemption will force them to close their positions In the current situation, he can only hope that another bull has the same idea as him.

  Naturally, even if it doesn’t rise this day, but it can rise in a certain period of time in the future, he can accept it. What he is doing now is to release a signal, a signal of goodwill.

Following his order, all traders immediately started to move into the market according to the previously formulated strategy. When the copper price fell to 2008 US dollars, it was supported again, and the price began to increase slowly, but this time Not as ferocious as when Zhongshi directly smashed into the 3000 hand.

  …

"Hinaka-san, the copper price has started to rise again, but at a relatively slow speed. It seems that short positions are changing positions, and the trading volume is around a thousand lots." A trader noticed this situation and hurried to the The immediate superior reports.

"Sure enough it's here!" Tainan Binzhong was waiting for this news. He knew very well that this was not an act of exchanging short positions, because the position price of the short positions was definitely below this price, which means that some short positions are still A state of floating losses, and this falling band has already caused the follow-up of the trend. In this case, the best strategy for the bears is to push the copper price down to $2,000 in one go. Otherwise, if they are supported at the integer point, they will lose It's over.

  The current situation is that someone else is supporting the integer point, which means that the main force of the bulls has begun to exert force. Although I don’t know who is sacred, but Hamamaka Tainan now only needs to release a signal of goodwill, and I believe the other party will understand.

"Immediately withdraw all the orders that have not been traded just now, and open a new position of 5,000 lots, operate according to the authority of each person, and work together at the integer point, understand?" commanded.

"Yes!" Hearing Tainan Binzhong say this, the trader was shocked. He knew this situation very well. Most of the results are that they have won, and I am afraid it will be the same this time.

   With the successive entry of Quantum Fund and Binzhong Tainan, the copper price jumped up again after experiencing the previous madness. This time it fully exceeded the height reached by Zhongshi's 3,000 lots, and has been rushing to 2,044 US dollars. Here they encountered desperate short sellers, and in the end the bull side gave in a little bit, fixing the final price at $2,032.

   This whole day has risen by $58, an increase of 2.83%, which is not a very large increase, but the trading volume is a full 100,000 lots, which is more than double the size of the previous trading day. This is a very obvious signal, and almost all market participants understand that bulls are pulling up copper prices at this time, either by establishing a position at the bottom, or by taking advantage of the good news to make a fortune, no matter what, It still depends on the market outlook.

  …

And here, the unlucky Andrew lost a full US$500,000. This is because he saw the stagnation of copper prices in the first two trading days, so he wanted to go short, but he judged the situation when the market was soaring. Mistake, after closing the position at a high price, he opened a new short position at the position of 2020 US dollars. As a result, the final copper price closed at 2032 US dollars, and he lost another 300 US dollars per contract.

   Fortunately, at the last trading moment, he closed all positions at the market price. After the transaction was over, he was so depressed that he didn't say a word, and went directly to the bar to get drunk, completely forgetting that he would continue to trade the next day.

   I am very grateful to the gambler that it was not me who voted for the monthly ticket yesterday. I didn’t see it in time yesterday, so I would like to express my gratitude today! At the same time, I am also very grateful for the monthly pass and rewards that made me think about it. Thank you for your continuous attention to this book. The author will continue to work hard~

  

  

  (end of this chapter)