After severing ties, biological parents and family regretted
Chapter 312 If I can’t beat you, then I’ll surrender…
Edwards poured him a cup of tea and asked, "When I was in my 20s, I was crazy about technical analysis for a while, but later I found that simple technical analysis could not help me predict future trends..."
After hearing this topic, Chen Pingan raised his eyebrows and looked at him, but did not say anything.
Edwards continued: "Technical analysis, if combined with your theory of structure and level, will be helpful for prediction, provided that the analysis is completely correct.
I have also tried to analyze it in the smallest time period today, but it seems that the effect is not good..."
Chen Pingan nodded, put down the teacup after drinking tea and said:
"No matter what theory and so-called technology, it is actually based on what has happened to try to predict future trends.
But you should know that all predictions are nonsense.
But if you change it to the word expectation, is it different?"
𝟞𝟡𝕤𝕙𝕦𝕩.𝕟𝕖𝕥】
Seeing Edwards' expression change slightly, Chen Pingan smiled and continued:
"Just talking about futures trading, I don't touch commodities and major industrial metals because they are too dangerous. All those who are set up by people are commodities. I don't think I have that ability.
I only do things that I know are relatively safe. This should be easy to understand. I don't like I like big risks, but I am willing to try small risks.
Or you can understand that I am crazy occasionally.
Back to technical analysis, what if the trend does not meet our expectations?
It's very simple, accept it and follow it.
The market is always right, just remember this sentence.
Others, like technical analysis, are auxiliary.
For example, the cognition of oneself, the cognition of human nature, such as trading discipline and principles, and market sentiment, in addition to various gossips, etc.
These are all auxiliary. I think there is only one that is really useful.
That is strength.
This strength can also be divided into two types: soft and hard.
One is money. I have 1 trillion to follow. If you have no money to follow, you can only get out.
This is hard power.
The other is the sensitivity based on all the auxiliary and experience.
That's all I know, and I don't hide anything, really. "
Edwards laughed.
"So boss, you actually used money to make a profit of more than 1 billion today?"
Chen Pingan thought about it and shook his head.
He really felt that he and Edwards had a good understanding, and he liked him very much and wanted to include him in his future core team.
"Not entirely.
Yesterday and today's trading actually used more technical analysis and money.
Of course, it is also important for retail investors to follow suit.
Not to mention that it also attracted additional big guys to enter the market, such as the money thrown before the closing, which was not only our money, but at least 300 or 200 million yuan from whom I don't know.
In fact, Edwards, if you don't look at the index points or how much money I spent, you should be able to see that I actually only did one thing, that is, follow the trend.
Of course, to put it bluntly, I wanted to fight, and if I couldn't beat him, I would give in..."
I'm sorry, I can't tell you the trading plan starting next Monday, but I do know the basic trend direction of the market and the index, which is rising!
So, I still have to do more after all, but the time is not right yet.
In the past few days, it can only be said to be a test and attempt.
I want to continue the trend of small levels, although it is more fragile, but the money-making effect is very fast.
It's nothing more than to give you and those traders more confidence.
Edwards groaned for a long time before nodding.
"Awesome!"
He uttered two words.
...
Chen Pingan didn't take the suppression from the Magic City seriously, as it was normal.
And the other party's position was not very large, but the final contest still made Chen Pingan feel quite funny, at least the inexplicably newly added funds were beneficial to him at the time.
If you meet such a person in the futures market, there are only two results, either make money together or fight to the death.
There is no choice, if you don't fight, you can only admit defeat.
What he cares about is whether the test between each other is over.
Whether the newly added funds are a help or a hindrance, this requires further attempts.
According to Edwards, there are funds participating in short selling in Beijing and Shenzhen, so why not continue to smash it.
Smashing the market is for the purpose of going long later. This is a matter of principle and cannot be changed, but it does not prevent making money in the process, right?
Opportunities will not always be there, nor can they be created out of nothing.
The only way is to add some strength when the structure is formed or about to go bad. This is the limit of what the 15 billion can do.
Friday.
Chen Pingan did not issue any instructions during the bidding.
Everyone was waiting eagerly.
A gap-down opening!
This was something Chen Pingan did not expect.
The 49 orders at the opening were pressed at the price of 3032.02 without moving.
But soon, in less than 2 minutes, these 49 short orders were traded, and the index began to climb upward.
At this time, everyone expected that the index would continue to rise and then fall.
Including Chen Pingan, he thought so.
He did not intend to take action for this small fluctuation.
Sure enough, the index once climbed to around 3042, and the short order that Chen Pingan expected really appeared.
This was clearly a move to prevent the overnight old positions opened near this point yesterday from taking any profits.
The conference room was quiet and there was no sound.
Not even a cough.
Chen Pingan looked at the screen quietly, and heard Edwards' voice in his ears, "It's still the same few seats at the end of yesterday."
Chen Pingan's eyes did not move away from the screen, but just whispered: "As I expected, wait and see how many long orders there are in the Magic City."
In the next ten minutes or so, there were mostly small orders of 1 lot, and medium orders were basically invisible.
These were ignored by big funds.
The sell-one was pressed at 3042.02, and the speed of reduction was very slow.
The time-sharing line was horizontal until 10 o'clock.
The index, which had been silent for nearly half an hour, was hit to 3028.76 by the sudden large orders, and then began to be silent again.
Edwards quietly announced the seat, Chen Pingan remembered it in his mind, stared at the big screen for more than a minute, and watched the index slow down its decline.
Chen Pingan looked down at his computer screen, and the pen in his hand was swiping on the screen.
It was said to be quiet, which means there were no large orders, and small orders continued to test lower points.
When the time came to the morning closing, the index was set at 3025.98, and Chen Pingan did not issue any instructions.
Everyone breathed a sigh of relief.
Chen Pingan said nothing, holding his computer and leaving the meeting room first.
"The large short orders in the morning were more than 4 billion, and I dare not imagine where they will hit before closing the positions."
Chen Pingan said after entering his room and putting down the computer.
Edwards still looked calm, "It's more than 4 billion, but the new short-selling funds are all from Hangzhou.
Boss, as far as I know, there are a lot of hot money in China.
There is no guarantee that there will be no other hot money coming in later.
I don't know if they want to take a bite and leave or plan to short-sell with the trend."
Chen Ping'an shook his head and sighed, "It's not that easy to go with the trend.
It's easy for a small boat to turn around, but a big boat will sink directly.
If nothing unexpected happens, the group of people at 3042 yesterday will be out by the afternoon."
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