Future chat group

Lei Hao has never been good at trading. He even heard some secrets about trading only during this period. For example, placing a "111" order means "want, want, want", and placing a "222" order means "give, let, let." ", hanging "333" is "sparkling".

These code words were very commonly used in the financial chaos of the past few years. The current situation has been somewhat updated, but what remains unchanged is technology.

Before funds enter the collision period, it is normal to hold hedging positions with each other. Lei Hao is holding the contract now. Judging from this stage of work, he has made a book profit, but the short sellers have cleverly used market psychology, not only making The index mentions below the pressure line, which also gives people a sense of remaining power and taking the initiative.

After doing this, Lei Hao felt that he seemed to have won some money on paper, but excluding the hints of future information, the price of the underlying securities was under huge downward pressure and the room for decline was also stretched.

What signal is this? This is actually when the short sellers are preparing for an offensive. Otherwise, why would they put downward pressure on the market? Let the rise continue with a mute voice, and then build a position at a high level and sell short is the last word.

After being involved in the securities market for so long, Lei Hao could see this without anyone reminding him.

"Did my entry actually cause the price to exceed 10,000 yuan?" Sitting in his office on Thursday, Lei Hao had a hint of bitterness in the corner of his mouth. He had been taught how to behave.

In the past, he was not the main force in ultra-short-term trading. Lei Hao was actually a follower. He entered the market before the market appeared and exited before it fell. The funds invested must be carefully considered.

Now in the long-term, he is the main force. When he is holding the short position, Lei Hao experiences another feeling in the financial market.

With the current volume of 35,000 contracts, Lei Hao doesn't think he can close it in a short time. Fortunately, he is still a long way from being liquidated.

"But, maybe, this is also a good thing." Pulling out a cigarette, Lei Hao had a storm brewing in his mind: "False defeat? Lure them down and then add more positions?"

Lei Hao relies on the good news that will come out in January. His concern is whether the position is too heavy. 35,000 lots, 175,000 tons, the contract value is nearly 1.8 billion, but the total funds he has invested in the futures account is 550 million. In other words... you can still add positions.

"Tens of thousands of contracts, and then start reducing some positions in January?" Lei Hao hesitated. Now that he had played a big enough game, even with information about the future, he began to feel a little nervous.

"Duk duk duk..." Zhao Lichen walked into the office with a stack of documents. Seeing Lei Hao sitting on the office chair smoking, he felt guilty and changed to the nickname unique to the old team and said: "Manager, I'm checking on you, I didn't notice it in advance..."

"Come on, I asked you to place the order. From that moment on, the initiative has been handed over." Lei Hao took out a cigarette and threw it to Zhao Lichen, saying: "You are no longer a trader. To blame, I am too It’s the guy Leo who should be blamed.”

"I'm used to doing ultra-short-term trading during this period, and Leo didn't notice it in time." Zhao Lichen was very embarrassed.

Thunder's people were strangely negligent at that moment. Out of their blind recognition of Lei Hao, they didn't even notice that their side had lost the initiative. When it was done, the second, third, and fourth Five thousand hands have been eaten.

For others, this was a mistake, but for Lei Hao, he could not blame his subordinates because he gave the order.

Besides, the traders in the trading department cannot know the overall situation, and several traders are not allowed to know all the trading details. This is also the consequence of formalization, so when Leo quantified Lei Hao's instructions into tasks and assigned them, things became complicated. There is no return.

Now that his opponent is no longer accepting orders, he probably feels that his position is sufficient. Lei Hao seems to have only two options. One is to raise the index. The short sellers will not stop him, but the index is like a spring. The longer it stretches, the more it contracts. The faster and fiercer.

The second is to ignore him, just wait for the short sellers to push the price down, and use the book losses to return to their strategic area.

No matter which one is chosen, it seems that the chances of losing are relatively high, unless... you use hard power to crush your opponents, that is, keep investing money to artificially control the market, and then... it is still a matter of position.

"Leo's short-term operations have also been affected." Opening the file, Lei Hao saw groups of data and said with a wry smile: "This time it was not unjust."

"If we try our best, we can spare one billion." Zhao Lichen said with some reluctance: "In the cotton futures market, more than one billion is a huge number."

"It's only two to three hundred million US dollars." Lei Hao said angrily: "The battlefield is too small."

The future is once again fragmented. It originally maintained an upward trend years ago, but now that Thunder has increased its position, it has in turn fed the short sellers. They are also creating opportunities and are ready to lower the price at any time. In the short term, Lei Hao is slightly behind.

But looking at the midline, Lei Hao is waiting for the news of quota restrictions and is sitting on Diaoyutai. What he is hesitating about is how many positions he should have. Will cotton futures be separated from the fundamentals, leading to an independent duel of funds in the end.

"You go ahead and do your work first, I'll think about it myself." Lei Hao waved his hand and said to Zhao Lichen, who nodded and left the office.

After thinking about it alone for a long time, Lei Hao has not made up his mind. The future information shows that the market outlook will rise, but this is inevitable. What he is worried about is not whether it will rise or not, but whether to add positions before the rise, how much to add, and what to do after the rise. Reduce or close positions.

On Friday, the futures price dipped slightly amid the shock. The closing price was 10,190. Compared with Lei Hao’s cost price of opening a position of 10,263, it was a loss of 73 yuan per ton, and the 12.775 million yuan was just gone.

On Saturday and Sunday, the negative news outweighed the positive. On the policy side, it is almost a foregone conclusion to increase stockpiling. On the data side, the total cotton inventory can be used by current cotton-using enterprises for two years. Do you want the price to rise? No way, if you don’t grow cotton for two years, everyone can still survive, so why should the price increase?

The bullish analysis some time ago seems to have been thrown into the Pacific Ocean. The blindness of the market and the strength of short sellers have left many people breathless. It seems that next week it will be time for the stock price to fall below the historical level of 10,000 yuan.

Thunder continued to reap huge profits in the short term. Although investors felt that Lei Hao had suffered a big defeat in the long term, they did not say anything. Instead, they often called to express their belief in Thunder Investment.

People in the company are also very depressed. Even though Lei Hao said he was optimistic about the market outlook, the effect this time was very small. The position was too high. It's strange that everyone didn't worry.

But the trend on Friday made Lei Hao see some similar situations. It seemed that... he could treat others in his own way.