The Son of Finance of the Great Age

Chapter 175: Crazy pull up (4)

  Chapter 175 Crazy Lifting (4)

   It just so happened that this trading day was approaching the weekend, and Andrew didn't need to worry about the day's trading any more. In fact, he operated within his own authority except for faithfully executing Zhongshi's instructions.

The current situation is that Zhong Shi has to pay attention to the fluctuations in the yield of the US bond market on the one hand, and the changes in the London copper market on the other. The more important thing for him is to study at the University of Chicago, and he needs to devote himself to both aspects This is already very laborious for Zhong Shi who has to take care of the three aspects at the same time.

  Andrew naturally understands this situation, and he also understands Zhongshi's intention to put him in London. On the one hand, it is to familiarize him with the operation of the financial market, and on the other hand, it may not have the purpose of training him.

   It's just that it's easy to get a thousand soldiers, but hard to find a general. Although Andrew is a professional, but due to his own personality and professional knowledge, he has not performed so well in trading so far. During this period of time, the operation in the London copper market, except for the satisfactory delivery of spot copper, basically did not excel in other aspects, basically losing a little every day.

   Calculated, Andrew has lost nearly 1 million US dollars in this month, which made him very depressed. Although Qian Zhongshi didn't care too much about this, Andrew was very concerned. He didn't know that this result was already very good, because for investors who are new to the futures market, the first point is not to make money, but to stop losses.

  In this sense, it is very rare for Andrew to be able to reduce the loss to an acceptable level.

For two days and three nights on the weekend, Andrew got drunk every day, and then took a few women he didn't know to go back for the night. Brace yourselves for the next trading day and continue to play capital games like gambling.

"Mr. Andrew, the market has opened today. How should we operate?" On Monday, May 9, when the traders of Tianyu Fund called Andrew's apartment, he was still sound asleep. Next to her lay a blonde girl, also in a deep sleep, not even responding to the ringing of the phone.

   Andrew tried hard to open his eyes and looked at this young and beautiful woman, but he couldn't remember where he met her, or how she appeared here. After thinking for a while, he barely raised his heavy head, and pressed the answering machine beside the bed. There were already several messages in it, all of which were anxious replies from traders. After sighing lightly, he sat up, lingered on the beautiful girl's face for a while, and then replied: "Go long today, just clear all positions before the market closes." !"

   As for how to form this strategy, it was purely because he saw the fog outside and he was too lazy to go out. Such a playful operation is basically a rhythm of seeking death. At this time, Andrew had a splitting headache and couldn't care about anything else. Looking around, he found that there was still a half glass of whiskey on the table by the window. Then he walked to the table and drank it in one gulp, which relieved the dryness in his mouth. When he turned his head and glanced at the girl who was still sleeping soundly, Andrew suddenly felt that the girl was a little more beautiful than before. He let out a weird laugh, and walked towards the girl without hesitation.

The sleepy girl felt a strong smell of alcohol blowing towards her face, she woke up unconsciously, raised her head, just in time to see Andrew's face full of drunkenness, she wanted to avoid the nasty alcohol smell, and then He didn't want to refuse the man's drunkenness, but this act of refusal and welcome made Andrew's spirits even more excited.

  One time apartment is full of spring scenery...

   "Uh..." Zhong Shi in Chicago didn't expect that Andrew was enjoying the morning exercise at this time, and he was already in a state of combat readiness. Fortunately, there was no class in the afternoon that day, so he was just in time for the opening time in the morning. After hearing the news from the trader on the phone that Andrew hadn't come, he was stunned for a long time, and then he took it for granted that Andrew had other reasons, but it didn't matter if Andrew wasn't there, he happened to tell the trader here his strategy.

   "It was opened at 2039 dollars, and the current price has dropped by 5 dollars, and the immediate price is 2034 dollars." Listening to the report on the phone, Zhong Shi looked at the numbers on the computer screen and frowned involuntarily.

  The current situation is that the copper price was opened higher in the last trading day and raised close to 50 US dollars, but this price is nothing, but is this a signal for bulls to launch an attack? Or is it a short-term operation? He couldn't figure it out for a while.

   This is mainly because he is in the United States and knows little about London, but even if he is in London at this time, he probably doesn't know much. You must know that if they have funds to raise copper prices, they must have a detailed trading plan, and this plan will never be leaked.

  Zhongshi checked the inventory situation again and found that in the past week, the LME inventory has not decreased but increased. Although the increase in tonnage is not too much, it is an unusual signal at this time of increase.

   "Open 1,000 more lots to increase the price!" Zhong Shi still couldn't figure out what was going on for a while, and he still needed to test it out. Maybe some funds were planning a big plan, and this plan might be what he guessed.

  After hearing Zhong Shi's order, the traders naturally executed the order without hesitation, but their capital scale and authority were very limited, and these 1,000 lots of funds used up most of the funds they currently had.

  The 1,000-lot over-opening did not push up the price much, but barely raised the price to $2,045, and then the price started to move again.

   "Open another 1,000 hands!" Zhong Shi waited for a long time, but did not find any sign of other main players entering the field, and then ordered again.

   "..." The traders waiting by the phone showed embarrassment on their faces. Their authority is not enough, and Andrew is not here.

  Zhong Shi waited for a long time and found that there was no corresponding purchase order in the market, and only then did he realize the problem. He sighed lightly, told these employees to pay close attention to the changes in the market, and then called Brian.

   "Newly open long orders of 1,000 lots, real-time price, June." Zhong Shi ordered.

   "Okay!" Brian, who was already very familiar with Zhongshi's voice, immediately switched lines and started matching in the market without saying a word.

  The opening of a long position of 1,000 lots pushed the copper price up to $2,050 again. At this price, some short sellers resisted, but the resistance was not very strong, and the copper price rushed above $2,050 after a short pause.

   "Did I read it wrong? Is it really just a short-term boost?" Zhong Shi frowned when he saw the data on the computer. In his vision, this may be a long-planned move by the main bulls, but how could it be so weak on the second trading day?

What he didn't know was that in London and the United States, two stocks of funds that simultaneously pay attention to the copper price market are quietly watching the market changes. How to understand the reaction of the previous trading day.

   Therefore, when Zhongshi raised the price of copper, they did not make a move as if they had made an appointment, and it was rare for the two masters of the capital market to think of it together.

However, the market became active after Zhongshi’s two strokes. The long and short sides that were still on the sidelines began to enter the market one after another, and the trading volume began to increase one by one. The two sides changed hands very fiercely, obviously because the competition at this price was very fierce.

   "Close all the positions!" Seeing that there was no clue, Zhong Shi simply stopped operating, and ordered Tianyu Fund and Brian to close all the newly opened positions today. He wants to see what the bulls think.

   It’s just that he was destined to be disappointed on this day. Until midnight Chicago time, the copper price only rose to the position of 2060 US dollars, and the traded orders were concentrated in the range of 2050 to 2060 US dollars. Seeing that there was not much time before the market closed, Zhong Shi also lost interest in continuing, and was about to turn off the computer after hanging up the phone.

"Huh?" When his eyes swept across the computer screen, he suddenly discovered something strange, that is, before this month, there had been two or three months before the price of copper fluctuated so violently. There were such violent fluctuations in the past few days. According to the trading volume he saw, today's data was not inferior to the previous trading day, so he understood a little bit.

   This is really a layout! After Zhong Shi realized it, he thought of another possibility. After looking at the trading volume in the past few months, he found that it was mainly buying. Seeing this, he came to his senses. This situation may be what he thought, and there are a lot of funds preparing to raise the price of copper.

"The right time, the right place, and the harmony of people!" Zhong Shi admired sincerely. There should be no suspense for this promotion. There is not only the support of fundamentals, but also the support of sufficient funds. Maybe there will be copper in two days. News of the miners' strike came.

   "Skillful!" Zhong Shi took a breath, immediately dialed the number in London, and said to Brian without hesitation: "Give me another 3,000 lot orders, entrusted by the market price, and sweep as many as you can."

Brian couldn't help being a little surprised. On the last trading day, this Mr. Zhong still had 5,000 long positions that had not been liquidated. Today, if he opened another 3,000 lots, his position would be close to 10,000 lots. The margin for these lots alone would be close to 100 million US dollars. up.

  But after being stunned for half a second, he immediately thought that these were not the questions he should think about. He immediately picked up the phone and started asking other brokers for prices.

   With 3,000 buy orders, the copper price broke through 2,060 USD, and even broke through 2,080 USD. Finally, under the attack of short sellers, the copper price finally closed at 2,077 USD, and this day’s trading just ended. In the end, the copper price on this day rose by US$45 compared with the previous trading day, an increase of 2.21%, and the trading volume of the whole day was around 90,000 lots.

  (end of this chapter)