Future chat group

Chapter 376 A Basket of Foxes

In the financial circle, situations like Wu Changfei's are normal. Funds only pursue profits, not feelings. Besides, everyone actually has no feelings, only interests.

"According to the position data of Qingyu Futures Company, Mr. Lei, you have at least more than 10,000 positions, right? Long positions?" Wu Changfei asked again with a smile.

When he said this, Wu Changfei did not show disdain, he was just joking. Several people around him were also smiling.

There may be losses in the tens of millions, which in the eyes of this group of people is considered a failure, but not a Waterloo.

"By the way, I also have two thousand contracts over there. Let's study it carefully when we go back."

"We were long some time ago. Except for Mr. Wu, who among us doesn't have one or two bullish positions?"

"This **** average price is too high."

"Fortunately, Mr. Lei was there to support me, otherwise the fall would have been even worse."

Everyone laughed and talked. After hearing these words, Lei Hao glanced at Wu Changfei and felt clear in his heart.

Although this person has no malicious intent, he still has some scheming intentions. If the person here closes his position, must the underlying price continue to fall? Short positions will result in more book profits.

However, don't think that Chen Wu and others are really going to go short and close their positions. They are also likely to deceive others and continue to go long.

In the long term, as long as the price is right, it is the last word to grab the chips in your hands first.

"In March next year, China Cotton Reserve will release cotton from storage, at least one million tons, and the contract price in May seems a bit hanging." Lei Hao also said with a smile: "I do have a lot of positions here, and it's time Let’s slow it down a bit, lest no one takes over, and come back with a bunch of cotton in May.”

"Haha, Mr. Lei, you can also pay liquidated damages."

"It's not that simple to break through the 10,000 yuan price point."

Everyone started laughing and chatting again. Lei Hao couldn't clearly see other people's intentions and suddenly felt tired.

This group of old foxes will not let go of the hawk until they see the rabbit.

But it’s okay, even though these people tell the truth and lies, there is still some truth in them.

"In terms of futures positions, Taihe Futures has been ranked first for a long time, Xinfeng is second, and after third, it has more reference value. Zhechang's positions are indeed quite large this time, and Mr. Wu's words are somewhat credible."

"Just listen to what others say. That old guy Chen Wu entered the market before me and went long. It's strange that he is willing to take a position."

"Several other companies will not close their positions, at least not in December. They are not afraid of book losses. If there are actual losses after closing their positions, this year's financial statements will not be very good."

One piece of information passed through his mind, and Lei Hao finally realized that he didn't get the exact answer, but fortunately, he didn't give the exact answer either.

"What's Tiger's plan?" Everyone else left. Qin Yu spoke with less scruples, saying: "With our current position, if he wants us to liquidate our position, he must at least lower the price to 9000.”

Every thousand lots is 5,000 tons. Lei Hao holds more than 15,000 lots and the contract value is 700 million. If it falls by 1%, he will lose more than 7 million. If it falls to 9,000, he will lose more than 70 million.

"Have you ever thought about it..." Lei Hao flexibly turned the cigarette with his fingers and said with a hint of determination: "Fight with them!"

"..." Qin Yu was in a daze.

If it had been a month earlier, he would have really dared to do so. Now, it's almost New Year's Day, and institutions tend to invest funds in January, and they don't think there is anything going on in the futures market.

If you increase your position, the other party will definitely take over, but what next? Your funds are no match for those of your opponents. There are well-known Jiangsu and Zhejiang hot money companies, and they are just playing around with billions.

Prices divorced from fundamentals? According to Wu Changfei, they did this not once or twice.

"Tiger, do you want to... increase your position?" Qin Yu asked reflexively.

"Yes, when doing futures, aren't you afraid of not having an opponent? If you hold a thousand lots of positions, no matter how high the price is, how many goods can you receive? From an information perspective, I have an advantage at this price, so what else do I have to worry about? ?" Lei Hao said in a positive tone.

“I’m going to snipe them around this price point.”

Sniper? It seems like we are being sniped now, right?

"At this stage, there are only a few days left for the final opportunity to raise funds." Lei Hao glanced at Qin Yu and said.

I thought the bulls were here, but I didn't expect Wu Changfei to react and give out so much information.

People like Chen Wu should wait and see, so what is the reason for the price increase? New long capital entry? Or will the shorts, in turn, drive up prices and lower their costs of shorting?

No matter which one it is, Lei Hao will try to increase his position. Next year's cotton import quota should be reduced to a minimum or even non-existent. Then the originally falling prices will definitely rise. Even if the short forces are strong and go against the trend and push down the index, So... at this price, how about playing with them?

Lei Hao is not afraid anyway, and is even prepared for additional funds. He feels that he can still get more money from investors, about three to four billion. As for loans... Looking at Lei Hao, which has a debt ratio of over 100% Investment, he has a headache now.

Farewell to Qin Yu and return to Yangcheng, the next day has come to Monday, December 19th.

When the market opened, according to the original plan, Lei Hao was planning to increase his position. What made him dumbfounded was that he found that he had been swiped.

During this period, the May cotton futures contract became the main force, with a trading volume of 20,000 to 30,000 contracts per day, and a total position of over 300,000. As soon as the market opened today, it was obvious that someone was accumulating money in the market, and they were fiercely grabbing it.

Looking at the position change data of various futures companies, Lei Hao silently raised his middle finger to Chen Wu and others.

Although it is not 100% certain, I am 70% certain that Lei Hao still has it, and these funds probably belong to Chen Wu and the others.

What about waiting and seeing? Did you agree that the funds will be invested in January next year? It's only mid-to-late December, and you're adding positions so fiercely. Who are you kidding?

"Originally, I was optimistic about the market outlook and prepared for the long term. Now the price is over 10,000, so I would be stupid not to attract money." In the Shanghai stock market, Chen Wu was sitting in his office, thinking happily: "That person, Mr. Lei... is naive. Now, I thought I had to carry it alone."

"So what about the hot money in Jiangsu and Zhejiang? Anyway, my position is low, I have the guts to blow up my position, otherwise I can wait for the market outlook to rise again."

"Although I don't know how sure the short sellers are, if you accumulate funds at this price, you won't lose much."

There are foxes everywhere in the financial circle, and everyone is not stupid. We can naturally estimate the price and profit and loss space. The more money you have, the more powerful you will be. But now it is clear that the risk is lower and the profit space is larger. We just buy part of it anyway and make a profit. Accept the loss.

Lei Hao was taught a lesson by Xiao Xiao. There was really no honest person in the circle.

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