The Son of Finance of the Great Age

Chapter 492: The emergence of risk (below)

  Chapter 492 Risk Emergence (Part 2)

At this time, Jiang Shan's face remained unchanged, but his heart was as shocked as a stormy sea. Looking at Zhong Shi who was frowning and staring at the board, there was only one thought in his mind: this guy was just fooled, it was definitely luck .

   It's just that this idea can't even be convinced by himself.

  Yes, although there are recognized good and bad situations, the market will have common expectations for the next trading day or the next trading day, and then we can infer the trend during this period. But the current situation is completely different. Zhong Shi judged today's trend only by guessing the opponent's psychology. How powerful is this kind of person in terms of insight into people's psychology?

   There are no worthless men under the great name!

   "Hey man, what were you thinking?"

   While Jiang Shan was still immersed in his own shock, the trader sitting next to him patted his shoulder, pouted towards the screen, and signaled that he was ready to place an order. Only then did Jiang Shan look back at Zhong Shi, heaved a long sigh in his heart, forced a smile at the trader who reminded himself, and said, "It's nothing."

  …

   "It seems that the price gap between changing months has indeed hit them. If you can't wait to raise the price of the near-month contract, your position will definitely not be small."

   Seeing that not long after the opening of the market, there was a steady stream of buying orders in the market, Hu Ping had some clarity in his heart, and after looking at Zhongshi, he slowly expressed his analysis.

   "Yes, our sniping can officially begin!"

Zhong Shi nodded, and after carefully observing the contract transactions for several months, he stroked his chin and said thoughtfully: "It seems that the other party is going to make a serious move this time. Let them test the depth of the water first, and when all the forces with different thoughts are clearly tested, we will act immediately!"

"it is good!"

  The minds of the two almost hit it off, and immediately they separately observed the market and planned strategies.

The opening price of US$6.78 was indeed beyond the expectations of many people. Before everyone could figure out what was going on, the price of the natural gas contract continued to rise, and soon broke through the high price of US$6.80. close. Although the number of selling orders has increased during this period, the upward momentum has not slowed down at all, and the price has only stagnated for a moment around $6.80 before continuing to rise.

  As for the far-month contract, affected by the sharp rise in the price of the main contract, the 0703 contract also jumped by 0.5 US dollars compared with the previous trading day, and the price difference between the 0703 and 0704 contracts per lot was pulled back to more than 2 US dollars.

It’s just that the good times of rising didn’t last long. Just after the September contract broke through 6.85 US dollars, a wave of menacing sell orders suddenly appeared in the market, and immediately started a close fight with the buy orders gathered here. , It was a great fight. Under such circumstances, the rising momentum of the natural gas contract was finally suppressed abruptly and stopped at $6.88.

   "Someone made a move? That's a problem!"

  Hu Ping's complexion was a bit strange. Although in the past hour or so, the loss of their positions reached tens of millions of dollars, he still didn't pay attention to this floating loss. Now there are other main short sellers in the market who can't hold their breath and come out to fight against the bulls. Although it is expected, Hu Ping is a little disappointed, because the other party seems to be only a single month's investors. It's not arbitrage hedging.

   This also means that the opponent is not really a powerful faction.

"Let's do it!" Zhong Shi on the side also saw the situation clearly, but since it was only a short-term attack in a single month, it seems that other people had the same thoughts as Zhong Shi and others. Shi himself started it first.

Although a little stunned, Hu Ping thought for a moment, then nodded, and then shouted loudly: "6.88, in September, 100 lots were sold, follow up in October, follow up in Yuanyue according to the established strategy market price entrustment. "

  …

   "It's short for a single month, do you want to continue?"

  The changes in the disk are naturally seen by the traders on the side of Buhuahua. Although the rise in September has been suspended, the traders are not panicked, and the single-month contract has no impact on their positions at all.

But before Bond Hunter gave a clear trading order, the market immediately changed suddenly. Almost at the same time, pending orders with the same lot size and different directions appeared on 0609, 0610, 0703, and 0704. It is doing hedging and arbitrage, but the traders of Huahua Fund know very well that this is a sniping attack on their positions.

   "Let's go to war!" The next moment, Bond Hunter's decisive voice sounded in everyone's ears, "Is it finally showing up? I want to see how much money you have to play with me!"

  Because of the extreme excitement, his face has been distorted out of shape. With the 1 billion US dollars in funding from the headquarters, Hunter's confidence has swelled to an extreme. Although he knows that someone in the market is plotting against him, why doesn't he want to plot against others? The competition between the two sides is undoubtedly the amount of funds. But in terms of funds alone, he has absolute confidence.

The traders of the Evergreen Fund immediately placed an order with the same lot size, and the price was at the same position. As soon as this signal was sent out, the horn of offense and defense was sounded immediately, and the two sides quickly started a battle at the position of 6.88. Intense fighting. And because of the fierce fighting between the two sides, the contracts in the four months of September, October, March 2007, and April 2007 immediately showed signs of a rapid increase in trading volume, which jumped up in just half an hour. As much as 20%.

An hour later, both parties still stayed at the position of 6.87 on the September contract, and both parties opened at least 1,500 new positions. Although they were distributed over four months, tens of millions of dollars of real money were invested. But it is an indisputable fact.

   "Let go of the September contract, don't care about it, and don't care about October. Do your best to maintain 0703 and 0704."

Seeing that the other party did not appear tired for a while, Bond Hunter pondered for a moment, and then resolutely gave up the near-month contract. In comparison, there is still too much difference.

Immediately after his order was issued, there was a change in the market in September. The fierce market suddenly lost its opponents, and the price of natural gas contracts suddenly plummeted, falling rapidly from around 6.85, falling by 0.3 in a row Percentage points, a long negative line was pulled out, which shocked the market.

The ensuing changes just confirmed Bond Hunter's speculation. After seeing the sudden disappearance of the market situation, the original short positions immediately chose to close their positions on a large scale, and the small buy orders for the rebound were crazy Enter the market to grab a deal. Although the price of the contract is still falling, the downward momentum and kinetic energy have obviously eased, and the trading volume of the September contract has begun to increase after experiencing a short-term shrinkage, and the increase is higher than when the main players of the two sides were fighting fiercely. Much higher.

  One stone stirs up waves.

  …

   "Shall we continue?"

  When he saw the "Warring States Fight for Heroes" in the market, Hu Ping shook his head vigorously, feeling very upset in his heart. The opponent just flinched like that, which made him feel like he punched hard but hit the empty space. And the subsequent market situation made him feel very helpless. If he continued to attack, although these small bulls in the market would be severely suppressed in the short term, once they rebounded, their power should not be underestimated. The most important thing is that even if it takes a lot of effort to suppress the price of natural gas, it will not help its own grand strategy at all.

"It's a bit interesting that the opponent avoids fighting. Maybe it's testing our determination, or maybe it's watching the market's reaction. But no matter what, it doesn't make sense to continue now. Let's withdraw from here. Concentrate funds on the far-month contract and let them know that we have planned to fight them forever!"

  Zhong Shi just pondered for a while, and made a decisive decision to withdraw, because judging from the current situation, blindly suppressing the September contract and raising the October contract will not have a great impact on the positions of the non-withered flower fund. As the saying goes, "capture the thief first and capture the king", you still have to focus on the opponent's main funds to attack.

   "Okay!" Hu Ping nodded, then waved his hand, and began to order the traders to keep an eye on the far-month contract transactions.

After losing the two main forces in September and October, after a period of slump, it gradually entered into a gentle trading rhythm, and at this time, the non-withered flower fund quietly entered the market again. Gradually raise the price of the September contract. Under this quiet push, the price gradually increased, and finally received an opening price of $6.88.

  The reason why he didn't choose to continue to attack was because he was afraid that his signs would be noticed by the opponent. Of course, compared with the fierce battle situation in the distant month, the rise here is not so conspicuous. Although the rise has reached 6.50% compared with the previous trading day, it is generally not an exaggeration to say that it is a rebound after a sharp fall.

  In Yuanyue, the two sides opened a total of 3,000 new positions on this day, and both sides tried their best to defeat each other. And until the closing time, the price difference between the 0703 and 0704 contracts still stood firmly at around 2.0 US dollars, and the two sides competed evenly.

  …

   "Boss, should we make a move?"

  In the office of Sagittarius Capital Management Company, John Arnold has been quietly watching the changes on the board, and has never given orders to traders. Under such circumstances, bored traders can only use funds within their authority to capture short-term changes in the market. For those who are used to playing with big funds, this kind of small business obviously does not attract their interest. .

  The person speaking to John Arnold at this time is called Conrad Gore, a senior trader of Sagittarius Capital Management Company, who previously worked for Mother Rock Company. When Mother Rock went bankrupt, Conrad quickly switched to Sagittarius, and at the same time brought many secrets from the company here.

  In fact, before Hu Ping's call reached John Arnold, Sagittarius had already quietly taken positions in the market that were in the opposite direction of not withering flowers. As one of the giants in this field, Arnold knew very well that the other party was playing with fire, but until Hu Ping called, he still did not show any intention of attacking the positions of the Everlasting Flower Fund.

It is a bit interesting to say that after Enron went bankrupt, the Sagittarius company expanded rapidly, and John Arnold, who was a small trader in the past, hired several executives of the original company in one go, even including former Enron CEO Gray Hua. Strength, people have to sigh for 30 years in Hedong and 30 years in Hexi.

As one of the supervisors responsible for the sniping of the Everlasting Flower, Conrad was extremely excited when he saw the emergence of a force that was almost on par with the Everlower Fund in the market. He knew that the time was coming, but several times He asked his new boss for instructions, but John Arnold was indifferent. After the market closed, he was unwilling to ask for instructions again.

   "Don't worry, wait for them to decide the winner!"

  John Arnold said with a smile on his face, "I'm really looking forward to it. What kind of person is manipulating this time?"

   Soon, he knew the answer.

   Thanks to book friends Molong Zhangui and Huang Tianlong for voting monthly! Although these two days are a bit tense, the author still adjusts his mentality as much as possible and devotes himself to writing. I hope everyone will continue to support. Only with more enthusiasm will there be greater motivation~

  

  

  (end of this chapter)