City: No One Understands Finance Better Than Me
Chapter 112 Make a small profit of 1.7 billion US dollars!
After the panic selling and the bulls killing the bulls in the first two minutes, although there are still a large number of traders in the crude oil market who want to clear their long positions, due to the obstacles of some people who want to take advantage of the opportunity to buy low, the price of crude oil. There has never been a big dive as terrifying as just now.
Although there are still an extremely terrifying number of selling orders every minute, although the price of crude oil is still falling, the speed has begun to stabilize.
Five minutes, ten minutes, a full half an hour passed, and the price of crude oil was still slowly falling.
50,000 hands, 80,000, 150,000, 300,000!
Chu Ge saw another order of 300,000 lots appearing in the market. The crude oil price fluctuated by less than five points. The crude oil price only fell from 38.40 to 38.35. Chu Ge knew that the next crude oil price fell. The speed will become slower and slower until it stops and then turns back.
Although only about 2 million retail long positions have been cleared in the entire market, the total amount may be less than 20% of all retail positions, but Chu Ge knew very well that it was time to start clearing his positions. .
After all, there is no such luck today, and another sideways clearance will be given to him.
After the main 200,000 people have gone through this wave of smashing, they will only briefly stalemate in a certain position, and then they will start to rise strongly.
Three minutes, ten minutes, twenty minutes have passed, and the price of crude oil is still falling, but the amplitude of the beating has been greatly reduced.
The price of crude oil has now taken a full minute to oscillate down a point. It was only one and a half minutes away from the position of 38.15 in the previous minute before the price of crude oil fell to the position of 38.14.
However, although the price of your crude oil has dropped significantly, it still maintains a good rate of decline in general, and there are still a large number of traders in the market waiting to short the price of crude oil.
That is to say, in these 20 minutes, Chu Ge's position of 2.3 million lots has almost been closed.
Five thousand hands!
F!
Chu Ge saw that the last 5,000-hand order he placed was sold at a price of 38.14. He nodded with satisfaction. He did not work in vain for so long, and he successfully controlled the average closing position at 38.18.
From the position of 38.92 as the average position for opening positions, to the current position of 38.18 to close positions, Chu Ge has made a profit of almost 70 points in more than an hour, and the net profit has reached an exaggerated 1.7 billion US dollars!
Chu Ge took a look at his account equity, which has grown by 1.7 billion US dollars. After this wave of operations, his account equity has reached more than 4 billion US dollars.
The net worth has made a big breakthrough again. Chu Ge has already walked a small and half of the distance from the next level of his net worth of tens of billions of dollars.
Although he is very satisfied with his gains in the morning, he still glanced at the trend chart in his mind, and there was still a repeated market, although there was only a dozen or so profit margins at a time, but with Chu Ge Huge funds, not a small amount.
Want to do it?
To be honest, this operation is a bit risky, especially when it falls again after this wave of callbacks.
After thinking about it, Chu Ge decided to enter the venue.
After all, although there are risks, it is the next wave of decline. The big deal is that you only do this wave of rebounding.
This wave of risk is not that big!
50,000 lots! Go long crude oil prices!
Since traders in the market are still enthusiastic, they are still actively choosing to short crude oil prices, so Chu Ge does not plan to use the pending order method of Feller orders.
After all, that approach, while inflicting little impact on the market, is slow.
Filler single is more suitable for the stage of sideways sweeping goods.
And now, the entire market is still very inclined to short the price of crude oil, and there is absolutely no need for you to be cautious.
Fifty thousand hands, one hundred thousand, five hundred thousand, seven hundred thousand, two million, four million!
While the market was still falling, Chu Ge frantically started to buy long positions, and soon almost all his funds came into the market.
Under the influence of Chu Ge and some funds with the same idea, most of the traders who were selling meat in the market have cleared their positions.
At this time, although there was a large amount of accumulation by Chu Ge, the price of crude oil continued to drop by more than ten points. After Chu Ge completed all accumulation activities, the price of crude oil just stopped at 38.00.
At this time, many people have already begun to react.
The rate at which crude oil prices have fallen in recent points has been horribly slow.
Sometimes, it takes more than three minutes to accumulate strength for a drop of one point, and finally falls from the position of 38.01 to the position of 38.00, even if there is a main force of 200,000 empty hands in the end.
It still took seven full minutes for the price of crude oil to stagger and walk down reluctantly.
And this, obviously, shows a lot of problems.
The long traders who were constantly liquidating their positions have now figured it out. Since they have all fallen to this point, they simply have to see how much the price of crude oil can fall.
Anyway, these people are all people whose account equity is at least double the position. Since it has been ensured that the position will not be liquidated, then wait!
In addition to these losing longs, there are those short retail investors who have been following the trend and drinking soup.
They have also discovered that it is difficult for the price of crude oil to drop by one point now, and they dare not rashly choose to short the price of crude oil.
The wind direction of the entire crude oil market is quietly changing!
As soon as the main force of shorting crude oil prices on both sides stopped, the crude oil market began to break out after a brief standstill!
While the short longs have disappeared, the longs who have been there since the 38.40 level are still there.
And now, without the hindrance of the power of the bears, it is not that the sea is wide and the fish is leaping, and the sky is high and the bird is flying!
Five thousand, thirty thousand, eighty thousand, one hundred thousand!
It was exactly the same as when the shorts started, and long orders began to emerge in large numbers in the entire market, and they soon broke through the 100,000 hand mark.
38.00!
Um?
Stimulated by the long list of 100,000 lots, the price of crude oil did not rise immediately as most people expected, but remained motionless.
Although Chu Ge also experienced a moment of surprise, he immediately reacted 390.
It's the bears who are doing the trick!
Although in this market, retail shorts and retail longs have disappeared, but there are still supporters of this side, that is, the main shorts.
Seeing the list of 100,000 lots, without even a splash, all the traders whose executives were eager to buy more crude oil prices hesitated again.
At the same time, sporadic short orders began to appear again throughout the market.
No, this sign must be suppressed!
Chu Ge glanced at the last 100 million US dollars in his account and chose to buy 100,000 lots of crude oil without hesitation.
Boom!
38.03!
This time, Chu Ge's long list of 100,000 lots was not silently swallowed again, but directly stirred up the calm crude oil market again.
The rise of three points is not too much, but after all, it is many times faster than the falling speed that only fluctuates by one point in a few minutes.
In an instant, a large number of retail traders were hooked again by Chu Ge's long list of 100,000 lots.
Three thousand, ten thousand, eighty thousand, fifteen thousand!
This time, the numerous small orders that appeared all over the mountains did not stop at 100,000 hands. Almost in an instant, a large number of long orders appeared in the entire market.
Just like more than an hour ago, the price of crude oil was completely pulled down under the hands of 100,000 by Chu Ge.
And now, it is Chu Ge's 100,000-hand list, which has mobilized the atmosphere of the entire market again!
Just an hour ago, he represented the bears, and now he represents the bulls!
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