Future chat group

"Mr. Lei, I'm sorry. We came back last night and had a meeting. I still think you are right. The market outlook is bullish."

"Just take a look, this price can't go down."

In the small conference room of the trading department, Lei Hao received frequent calls from Chen Wu and others. He felt that he couldn't laugh or cry. The tone of these people's words, "Senior, I calculated on you to teach you a lesson," was quite capable. Taking advantage here means victory.

Anyway, it would be good if it could interfere with Lei Hao's plan and reduce some of the pressure on everyone to raise funds. It doesn't matter if it doesn't work. Concealing one's own operational intentions is simply normal for a small organization.

"I believe you are evil." On this side, watching the data on the screen keep jumping, Lei Hao complained, but he also found it a bit funny.

I was staring at the short sellers, trying to force them to appear, but people like Chen Wu were making calculations for the floating chips in the market. The two were no longer on the same level.

Calculated based on the current trading volume, the May cotton futures contract has a capacity of just over a hundred lots per minute, and the market can be considered inactive and not sluggish.

Most of them are loose orders. There is not much floating chip for large funds to build positions, but it is enough for people like Chen Wu to use.

Lei Hao plans to increase Qingyu's position to 15,000, and Thunder's position to 20,000, which adds up to 35,000. In other words, there are still 20,000 contracts to buy in the market.

It's the 19th now. If today is included, Lei Hao has ten trading days available, 4 hours a day, 40 hours, to accumulate 20,000 lots, relying on floating chips? Not too possible.

"Lei, the floating chips in the market have decreased. I'm going to start building positions for long-term projects. The short-term side is enough for the time being." Seeing Lei Hao's trance, Leo reminded him, standing next to him.

Zhao Lichen, who was also standing in the small conference room of the trading department, suddenly became nervous.

According to the plan, it was originally a short-term project to attract funds and prepare to close positions and make profits when the market arrives. Now that the floating funds in the market have reduced, according to Lei Hao's opinion, the company is preparing to make bigger moves.

Since he gave up his chips to short-term funds some time ago, the long-term fund only held 3,000 positions. Zhao Lichen felt no pressure, but now it was completely different. He suddenly felt like a storm was coming.

"Sell the buying order." There was not much emotion on Lei Hao's face. After receiving Leo's instructions, the trader in the trading department immediately placed the first buying order in the market.

The buying order of 1,000 lots is placed at 10215, waiting for the short position to appear.

Including Chen Wu, the small and medium-sized bulls who were accumulating funds almost spurted blood. The current price is 10225, and occasionally fluctuates to 10230 and 10220. In other words, these 1,000 lots are stuck just below the current price.

Who did it? Many people came interested.

Lei Hao also had some expectations. He just drew a line for the market, indicating that he wanted chips of 10,215 and below. If short sellers are willing, they can close orders here.

Five minutes passed and no selling took over.

Ten or fifteen minutes passed, and Lei Hao watched helplessly as his purchase order was thrown away by the current price, with no one touching it at all.

This situation proves that others have artificially affected the underlying price. Since there are funds supporting it at 10215, other participants will feel confident and the pressure to trade upward will become smaller.

"Short sellers would rather suffer temporary losses?" This thought flashed through Lei Hao's mind.

Large-capital operations are often not rushed. People who are short-sellers are willing to see the index rise, and long-sellers are also willing to see the index fall. This can lower their opening price and increase their profit margins.

So it doesn't mean that if you place a big order, your opponent will take it. They may be waiting for a more suitable price.

"10245, hang up 2000 hands." Lei Hao thought for a while and continued to give instructions.

2000 lots were sold, and the 0.3% increase in futures is equivalent to almost 1% in the stock market, which undoubtedly stimulated the nerves of the bulls.

"Am I the reason for the continued rise in futures prices?" Lei Hao thought strangely when he saw that no one had taken the order.

This is not impossible. According to the current market capacity, Lei Hao adding thousands of lots every day is equivalent to injecting corresponding momentum into the underlying contract, leading to hope for continued rise.

However, orders that are not completed are useless.

Without a sufficient position, it is useless to see the price of the underlying contract rising.

"Where are the short sellers?" Lei Hao thought with a wry smile. The closer to the New Year, the more urgent he felt.

"Lei, maybe we can grab some floating chips and take our time. We can have at least a thousand hands of chips every day." Leo suggested from the side.

"You may get nothing." Lei Hao pointed at the data on the screen and said.

"10245, make up 5000 hands."

"..."

After a moment of silence, there were 5,000 more buying orders, and the index continued to rise. The bullish sentiment temporarily overwhelmed the willingness to sell short.

For half an hour, when Lei Hao was desperate, around 10 o'clock, the May cotton futures contract at the price of 10275 suddenly dropped by seven prices, and the 5,000 lots listed at 10245 disappeared.

"Fuck!"

"The show is coming."

As long as they are market participants, they will immediately trace the position changes of various futures companies through their own channels. The final information obtained is: there are more than 5,000 more lots in Zhechang, and there are more than 5,000 more lots in Qingyu.

In the blink of an eye, the total cotton futures position in May increased by 10,000.

Chen Wu and others vomited blood. They originally thought that Lei Hao would be more cautious, but they didn't expect that this guy was muttering loudly and amplifying his moves. Remembering the "explanation" they had just called over, they had the idea of ​​finding a crack in the ground and crawling in.

A group of foxes are fishing for some soup and water over there, but the thunder tiger is here staring at the Manchu banquet. What kind of fuss is going on?

"Wait a minute, as long as the Thunder's funds decrease, the short sellers will press back, the price will drop, and we will be able to absorb more floating chips."

"Thousands of lots are not enough short-selling power. Moreover, where will the funds come from in the later period of the Thunder to push the index upward?"

"No, I'll make a phone call to test it out."

Chen Wu and others shamelessly tried to get some information in a roundabout way, but the answer they got almost made them yell: There was an error in the trading department.

Did you make a mistake with thousands of contracts? Is your company still open?

"I believe you are the one who is evil." After hanging up the phone, Chen Wu and others made the same complaints as Lei Hao, and they were also skeptical about this operation.

Lei Hao didn't care about other people's opinions. He held a heavy position now and reduced it when there was an increase in the future. As long as he ensured that he would not be liquidated and as long as it would not be too difficult to exit, he was not afraid of holding a position.

Unfortunately, throughout the whole day, the short sellers only took one order, as if to gain a sense of presence in the market. On the second day, they placed one order of several thousand lots as usual, and on the third and fourth days, the short sellers placed Go out for a walk every day.

This was the first time Lei Hao had seen this kind of operation, but he also saw the benefits of doing so. The index seemed to be shrinking upwards, short sellers were reluctant to sell, and bull sellers were afraid of falling. There was no benefit in terms of fundamentals, but a small disadvantage. Continuously.

Coupled with the fact that the bears clearly have room to spare, Lei Hao feels that he seems to be slightly inferior in terms of technology.