Future chat group

"Brother, this is today's trading report. This is the analysis document given by the research department." At noon on the 16th, Li Yingfeng held a stack of information and placed it on Lei Hao's desk.

"Well, when Leo, Lao Zhao and Lao Yu come over, just let them in without asking me." Taking the documents over, Lei Hao showed a gentle smile to Li Yingfeng again.

"Then I'll go out first." Li Yingfeng didn't know the specifics at all, but he knew very well that Lei Hao, Leo, Yu Rong, and Zhao Lichen had met frequently in the past few days. What he thought would be a leisurely pre-holiday time turned out to be extremely... Being busy and working overtime until early in the morning has become a daily routine.

Seeing Li Yingfeng close the office door, Lei Hao devoted all his energy to the documents.

For a week, the price of futures contracts has fallen from a high level. The determination to fall to the bottom is not strong, but the decline has become unstoppable.

"Switched 10,000 lots, added 10,000 lots, it's really Leo the Lion." Lei Hao had long known the changes in his holdings, but after seeing the detailed trading process, he could only convince Leo.

In the securities market, trading is a job that can be very simple or very complex. According to Lei Hao's requirements, traders need to be extremely sensitive to data, have a very high level of concentration, and maintain this concentration for several days. hours of trading time, and then required him to perform countless trivial operations.

Only in this way can the position be successfully transferred to one's own secret account, and by the way, one can grab some orders from the other party. Of course, the latter is based on the condition that Lei Hao's prediction is not wrong.

When Leo was trading, he made plans based on several preconditions. Under these plans, he needed to decide on his own when, what price, and what quantity to transfer and absorb chips after seeing the changes in the data.

Lei Hao thought he couldn't do these things, but fortunately, Leo completed it smoothly.

But no matter how powerful a trader is, he still accepts the leadership of decision-makers. Lei Hao's task is to point out the general direction and let several subordinates analyze and operate in these directions.

What made Lei Hao feel a little surprised and hesitant was that his guess was verified. When the amount of funds reaches a certain level and he participates in relatively narrow market operations, the future will indeed change all the time.

When you know the future and make changes according to the future, the future immediately changes. If Lei Hao changes his mind once because he knows the future, the content of the information he receives will be somewhat different.

Although in most cases, project operation tends to be profitable, it is not without the possibility of losses. There is also a certain probability of profits but not enough.

Lei Hao felt that he was playing a minesweeper game now. When he wanted to take the next step, he could see whether he stepped on a mine, and then... all he needed to do was to find the most suitable path.

"Lei, I can't stand it anymore. I can't stand the questioning from the risk control department." The door of the office was pushed open. When Leo walked in, his face was full of depression: "Luo is too rigid. He wants me to call him every day." Report, what do I do? Our funds disappeared and he was driving me crazy."

"I will tell him." Lei Hao closed the document, listened to Leo's complaints, and said soothingly: "You don't need to be in charge of the risk control department, nor the banking supervision, or the securities supervision, you only need to be responsible to me. .”

"OK, OK, where is Qin? He is very concerned about the changes in our positions." Leo was a little helpless.

"Don't worry about Qingyu's side for the time being." Lei Hao waved his hand nonchalantly and added: "Take these operations away from the company's trading department. You and Lao Zhao are responsible for the trading. Remember, it's not just May. Contracts with longer maturities can also be used by us to add or subtract positions.”

"No problem." Regarding the operation work, Leo has strong self-confidence. He came here not to complain, but when operating this project, he began to feel a little hesitant.

"Lei, where are the bears?" Leo couldn't help but ask.

"For the time being, short sellers are a bunch of pathetic people." Lei Hao half-closed his glasses, feeling a little unbearable in his heart, but in the end he was left with nothing to do: "Zhechang, small and large hot money, retail investors who can't see the situation clearly, and... …Traders and brick-and-mortar manufacturers who warehouse cotton.”

"Damn financial circle." Leo took a puff of cigarette, with a somewhat helpless tone.

It is normal for big fish to eat small fish, but crocodiles eat even humans. You can tell with your toes that this operation may force some people to go bankrupt in the end, but again, don’t be greedy Nothing will happen.

If you have cotton warehouse receipts and you come to the futures market to do short selling hedging, then you should not add a short position. Otherwise, when the price rises, you may be liquidated, and then... when you are forced to close your position, in fact, It is a reverse long hedging, and it will become a member of the short sellers stampede.

As for retail investors and hot money... When you enter the securities market, you have your own destiny. The predators have their own ways of playing, and the retail investors have their own ways of playing. Don't be too greedy, and you won't lose much. If you are smarter, it is not difficult to make money. Something like reaching heaven.

"The short-selling power was dispersed in the early stage. When the price reaches a certain position, people with enough weight will enter the market. The securities market adheres to the principle of voluntariness." Lei Hao suppressed the distracting thoughts in his heart.

"Lei, how much position do we want to hold?" Seeing Lei Hao come back from thinking, Leo revealed his purpose and asked curiously: "Now we have 90,000 hands, and correspondingly there are 90,000 empty hands. The order is 180,000, and the market only holds more than 400,000 positions. This number... is too dangerous."

"Our positions..." Just as Lei Hao was about to answer Leo's question, the phone he had been waiting for for a long time finally rang.

The name displayed above was Yu Rong. Lei Hao thought about it and pressed the speaker.

"Mr. Lei, we found it. I am now in Shenzhen City and have also called several places in Jiangsu Province and Hunan Province. That's right. Some of the larger cotton traders have received inquiries some time ago. They There seems to be a leader in the circle who is allocating funds, and it is said that he is participating in the futures market." Yu Rong's voice came from the phone.

"As for who I am cooperating with, I have no way of knowing for the time being, but there is another situation. The actual investigation results show that these people are also willing to go short. Many of them are ready to take advantage of the right futures contract price to sell their warehouse receipts. Sell ​​it out.”

"The situation in the cotton producing areas is more complicated. They have warehouse receipts, but due to problems such as loans and liabilities, some of the warehouse receipts cannot enter the futures market."

Yu Rong worked hard this time. Not only did he need to make phone calls and find connections to investigate the situation of the real economy, he also had to go to some places in person.

But this is very necessary. It involves billions of dollars of funds and is still invested in a single futures market. No one personally investigates. How dare Lei Hao completely believe the speculation and information in the data.

Now, the situation is clearer.