I just want to enjoy life

Chapter 756 763 Crazy Promotion ([-])

"It must be a big client, but I don't know if he is interested in angel investment! No matter what, I must seize this opportunity!" The young man secretly thought in his heart.

"So it is." James said casually.He is quite disapproving of the transactions of these quantitative models. On the one hand, these hedge funds are not interested in orthodox economists. Second, which of the hedge funds in the market does not rely on macro strategies to obtain huge profits. These macro strategies are naturally inseparable from the analysis of the economic situation, policies and future trends!
It’s just that James has made a big mistake. Although hedge funds with macro strategies are the protagonists on Wall Street, in the long run, quantitative models are the main force in the market.And their profit model does not involve inside information, nor does it involve manipulation. They only operate by capturing some mysterious and mysterious "passwords" in the market, so they can live longer and make more lasting profits.

"I don't know what you think about artificial intelligence?" Seeing that James lost interest in the conversation, the young man lost no time in bringing up a new topic, wanting to continue the conversation.

"Artificial intelligence?" James tilted his head and glanced at the young man, and asked a little puzzled: "Is it the artificial intelligence that is very popular now? I think the potential is very huge, and it is very convenient. I believe it is some kind of artificial intelligence in the future." trend."

Just a few years ago.The artificial intelligence plan passed by the United States.This plan is to shift the future direction of development to the artificial intelligence industry. James is naturally very aware of this, but he himself is not very interested in the artificial intelligence industry, and he only learned a little bit in school, so he just laughed.Responded a few words vaguely.

However, the young man's words caught the attention of Lin Haocang who had been silent all this time.Lin Haocang is too aware of the great power of artificial intelligence, so if he doesn't talk about anything else, he will talk about the rich men in the future.Many of them have emerged from the artificial intelligence industry. Now is the Internet era, and the future will be the era of artificial intelligence. This revolutionary change is comparable to any industrial revolution in history.

Lin Haocang interjected, "I don't know what your attitude towards artificial intelligence is?" After finishing speaking, he stared into the eyes of the young man in front of him, wanting to see what "insights" he could say.

The young man was obviously not used to this kind of staring gaze, but he quickly reacted, turned his head and said to Lin Haocang: "According to my statistics, artificial intelligence... will develop into a huge market , especially enterprise Internet companies that appear in the form of artificial intelligence must upgrade in the direction of super-artificial intelligence, or they will all be eliminated.”

"..." Lin Haocang's heart couldn't be more shocked.

"May I ask who you are?" Lin Haocang immediately interrupted the young man's rambling, regardless of politeness, and asked the man's name straightforwardly.

"My name is Henry Lawrence, and I am the Senior Vice President of Barclays Hedge Fund." Although he was interrupted, Henry Lawrence still replied politely and handed over two business cards at the same time.

Sure enough, he, this person will be the leader of the artificial intelligence industry in the future, amazing!
Lin Haocang immediately exchanged business cards with him. If he starts a business in the future and needs investment, just come to him!

May 5th is the first Wednesday in May. On this day, options for this month will be selected. Although the market has fallen in the last two trading days, the decline in the whole day is not large. In terms of trading volume It is also relatively average, so the market is generally not optimistic about the market on this day.

"Have you heard any rumors in London recently?" When the opening time came, Lin Haocang called Anthony.It is an extremely important day for the London non-ferrous metals market to announce whether the option will be implemented or not, and its result will directly determine the strength comparison between long and short bulls.

For example, if a short seller buys a bullish option at the same time as the short position, the lot size is exactly equal to the short position lot size. If he is pessimistic about the copper futures trend for a certain period of time before this Wednesday, he can completely reduce the loss by exercising the option. stop at a fixed position.

For another example, if a bull buys bullish options while going long, and the future copper futures trend is the same as he expected, he can execute the options to further increase his position and maximize profits.

In short, several different strategies have been derived for different directions, including hedging, hedging, chasing after the victory, and closing when it is good.

Since the risk is much lower than that of direct investment in non-ferrous metal futures, and the entry threshold is relatively low, there are a large number of customers in this market, even if the main funds are in the copper futures market.Some people also set aside some money in the options market.

Once the future market is consistent with the options they made, as long as there is a slight profit to be made, they will choose to execute without hesitation.

And on the third Wednesday of each month, it is the most important day in the copper futures market, because on this day it has been announced that a large number of customers who have exercised options will enter the market. Open the edge of these newcomers.

The reason why Lin Haocang asked this question was because he wanted to find out what's going on in London recently, if there are more bullish options.Then he can consider raising copper prices.At that time, another new force will act as an ally.If there are more short options, then he can consider avoiding them first, and then pull them up when the time is right.

"Uh..." The situation of this kind of options can be regarded as a kind of information with a relatively high level of confidentiality, and Anthony has no way to find out for the time being.However, after hesitating for a long time, he still said: "There is no reliable news. Although they have opened higher in the past two days. However, the bears have the upper hand. I wonder if they are building momentum for future execution?"

"Really?" Since I flew from Scotland to England these two days, I participated in a series of activities.Lin Haocang really didn’t have time to think about the issue of copper futures after he came back. After Anthony reminded him, he came to his senses, quickly opened up the trend of copper futures in the past two months, and focused on analyzing the futures of the past two days. Regarding the market situation, he thoughtfully said to Anthony: "Although the fundamentals are good for a while, the price of copper futures has not fluctuated too much, and the trading volume is at a normal level. It seems that something is brewing in the market."

"What's brewing?" Anthony hurriedly asked.He admired Lin Haocang the most, so when Lin Haocang expressed his thoughts, he hurriedly asked.

Lin Haocang here scratched his head, unable to answer.He just had an intuition that the price of copper futures should not fluctuate like this. Although he did not get involved in the copper futures market in later generations, he also knew about Yokono Yamashima. This "genius" trader used massive funds to make the Williams Fund Many predators are helpless against him. Although the fundamentals are not conducive to copper futures, "Nine Percent" still stubbornly raises the price of the near-month contract to an unbelievable level. With the interference of the trading company, it is really hard to say who will win and who will lose in the end.

"How much cash did you collect?" After thinking for a long time, Lin Haocang finally gave up and asked about the acquisition of cash.

Anthony sighed, and said dejectedly on the phone: "It's not going very well. Except for those accumulated in advance, there are not many contracts that are willing to deliver in April. Maybe they also saw that the fundamentals have improved, so In the end, the sell order was withdrawn. The inventory of 1me has continued to increase in the past two days, and I don’t know if it is due to this reason.”

"Really?" Lin Haocang keenly sensed that there was a problem, and asked eagerly, "How about the increase? In which month did the contract turnover increase rapidly?"

Anthony was a little unresponsive, and then there was a rustling voice on the phone. Lin Haocang waited for 5 minutes before Anthony's voice came back from there: "1me's inventory has increased in April... "

"And it still stopped moving three trading days ago."

On the one hand, he couldn't understand the disk, and on the other hand, the acquisition of cash copper was blocked, so Lin Haocang was a little speechless.But soon he realized that he was too worried, even if someone deliberately suppressed the copper price, he would not lose anything.Compared with the current position with only a few hundred lots, even if it suddenly plummets, he can force the copper price to rise. After all, the 1me system is not a daily settlement, as long as the copper price is raised before delivery is possible.

"Continue to observe, I'll rest first!" Lin Haocang irresponsibly dropped such a sentence, and then rested first. The non-stop running around for the past two days has made him very tired, so he didn't have much thought to think about the futures copper market. What's going on.

Anthony listened to the beeping sound from the phone, and was a little dumbfounded for a while.He originally wanted to explain to Lin Haocang the transaction of the previous two days, although it was a slightly loss-making situation, but the process was tortuous and bizarre, but before he could say it, the boss fell asleep irresponsibly.After hanging up the phone, Anthony immediately put on another expression, and shouted energetically to the traders who were already eager to try: "Boys, get ready to enter the market!"

……

Not far from Anthony, the headquarters of the Chiba Trading Company, Yokono Yamashima gathered all the traders together, and said with a very serious expression: "Masters, there is a very good time to raise the price of copper. We not only want to In the short term, the copper price will be raised to a new height, and this price must be maintained. Now our position is very low, and our main direction of attack is bullish. The copper price in the market is very low, which is obviously very unreasonable. The important thing is that the fundamentals are also conducive to long positions. The most important thing now is to use all your strength. Go to your brokers to ask information about options, and you must inquire clearly, understand?"

"Yes!" Dozens of traders in the audience bowed their heads in unison, and left the venue quickly and orderly after Yokono Yamashima finished speaking.

Although their broker is copper futures.But it does not prevent them from inquiring about copper options.After all, Chiba Trading Company is a top customer for many brokerage companies.Moreover, there are some personal relationships between the brokers. Although this behavior is a bit unauthentic, there is no room for authentic people to survive in this market.

soon.The information these traders inquired was collected on Yamashima Yokono's desk.After reading the thick stack of papers, Yokono Yamashima lit a cigar, but did not smoke it, letting the smoke linger in the office.

"Watanabe Village, do you see a problem?" Yamashima Yokono nodded at the table, signaling the person opposite to take a look at the stack of incomplete information.The reason why it is incomplete is that even the option brokers have a hard time knowing the choice of the option buyer, and only the exchange knows best.But these brokers are still able to capture a little bit of relevant information through the information between the lines.

The person named "Watanabe Village" by Yamashima Yokono is named Watanabe Cunjiro. He is a young man full of energy and a keen sense of smell. A figure that has left many futures traders dumbfounded.

In addition to heavy positions, this Watanabe Cunjiro is also particularly good at the market. He avoided the market several times when the market reversed, and he was able to catch the fluctuations in time during the subsequent rebound, making Yamashima Yokono She treats him very differently, and often cultivates him intentionally or unintentionally.

Watanabe Cunjiro took the report. Although he had read the report before, he still read it for a quarter of an hour, then raised his head with a puzzled expression on his face: "It's nothing special, It’s hard to see who implemented it and who didn’t choose to implement it.”

"You're wrong!" Yamashima Yokono put on a mysterious smile on his face, and shook his head slightly, apparently disapproving of Watanabe Cunjiro's analysis: "This report does not tell us anything, but You must combine the recent market trends to see the mystery!"

"Oh?" Watanabe Cunjiro's complexion changed, he tilted his head and thought about the market in the last few trading days, and found that there was nothing special about it, it was basically a very ordinary situation, and the trading volume was also very average , and various technical data have no obvious signs of supporting the rise, but combined with this report...he is confused!

"One of the possibilities is that the short sellers continue to suppress the copper price, so as to form the fact that the copper price is depressed in a short period of time, and then continue to put pressure on the long side through the high short position, and finally maximize the profit under the double suppression .This is only a possibility, but I personally think this is the biggest possibility!"

"What?" Watanabe Cunjiro's face turned livid. He is also a battle-tested trader, so he naturally knows this trick, that is, while shorting the copper price, he buys a large number of short orders at a high position. After the price is maintained at a relatively low position, the corresponding price difference is earned by exercising the option.

As for the short position that has been able to suppress the price of copper futures throughout April at a very low volatility and low price, how many options may be accumulated in the options market?Thinking of this, Watanabe Cunjiro shuddered a little!
"This time, we are going to set a trap for the short sellers so that they know who is the boss in the copper futures market!" Yamashima Yokono showed a complacent look on his face. He is already familiar with various strategies and traps in the copper futures market. I don't know who designed such a plan this time, but Yokono Yamashima, who has an exceptionally keen sense of smell, happened to capture it.

Seeing his boss showing such a smile, Watanabe Cunjiro felt chills in his heart. As an assistant who has followed Yokono Yamashima for the longest time, he is too familiar with his boss's psychology when he shows this expression.
……

In London, although it is already late at night, the lights of Financial Street are still brightly lit. The lights of many office buildings are on all night long. Money never sleeps. Those who pursue money must follow in the footsteps of money. Therefore, large investment banks are in Different branches have been opened in different capital markets, such as in New York, in London, in Tokyo, in Jiangdao and so on.However, due to geographical, cost and other relations, the United States is still their most important base.

However, for the fund industry, it is completely unnecessary to set up a separate office in other regions. After all, the current investment methods have become more and more electronic. Although the transactions on the floor are still available, they obviously cannot keep up with the matching of electronic disks. Spend.Jet lag is a minor issue because these guys on Wall Street are workaholics who are used to working in different markets. .

Williams held a cup of steaming coffee, took a sip, and frowned: "This taste is not authentic enough, there should be something wrong with the coffee beans." He subconsciously poured a whole cup of coffee into the sink middle.

He has formed his own set of unique tastes in pursuit of a high standard of living, and ordinary coffee does not fall into his eyes at all.But after shaking his head, he made another cup of coffee, but this time he added two spoonfuls of milk.

"Guys, how's it going?" When Williams walked into the trading hall, the unusually noisy hall suddenly fell silent. There were more than a dozen energetic young people here, discussing yesterday's market enthusiastically.

Hearing Williams' question, these young traders first glanced at each other, and then one of the slightly older traders stood up and said: "Stanley, the main short sellers seem to have been forcibly suppressing the price of copper recently. , Is the point of our discussion taking the opportunity to raise the price of copper so that some of our previously held positions can be sold?"

Even if they are very wealthy, these traders are still very careful about their positions. This is because on the one hand, they have to be alert to the impact of market price fluctuations on their positions, and on the other hand, because their positions occupy a large amount of margin.

"Reducing positions? That's a good idea! What about the others?" Williams responded noncommittally, and then asked others.

A somewhat thin Caucasian analyst stood up, habitually pushed the thick glasses on the bridge of his nose, and said with a serious expression: "According to my analysis, the reason for the drop should be man-made manipulation, because fundamentals According to the news, there is no reason for the price of copper to fall. I believe that the price of copper may continue to fall for a period of time in the future, because the option will be announced soon. Although the decline is not obvious during this period, it is likely to be a short-term strategy.”

As soon as his words came out, the other traders fell silent, and all lowered their heads to think about this possibility.

Even though they can make waves in the U.S. capital market, these elite traders are immediately dumbfounded when they arrive in the copper futures market. The original strategies cannot be applied in this market at all, and the daily new opening and delivery system also make them uncomfortable.Of course, the happiest thing is that there is no limit to the number of positions held.

Due to the strong hedging function in many markets in the United States, there are definitions for hedging accounts and speculative accounts, and there are also mandatory regulations on the number of hands held.The most important thing is that the laws of the United States have strict penalties for futures manipulation, so even these hedge funds dare not blatantly raise or suppress futures prices, even though such behavior is generally difficult to convict.

But in London, none of these are problems, and even the settlement is not carried out on a daily basis, which makes them with ample funds overjoyed.What kind of concept is this?That is to say, if you have an overwhelming financial advantage, you can raise the price of copper or other non-ferrous metals to any favorable height at will.

Of course, this is only a theoretical possibility.If someone dares to hold a position that can directly affect market price fluctuations, he will soon become a public enemy of the market, and most people in the market will attack him frantically.

"Is there anything else?" Williams continued to ask. He naturally thought of these possibilities, and now he still wants to hear what other good ideas this group of people have.

"If someone quietly absorbs long orders at a low level, it is obviously suppressing the price of copper futures. When his long orders are absorbed to a certain extent, he suddenly pushes up the copper price, so that these long orders can be profitable immediately. This is not very simple. Do you make sense? Bitches!" At this moment, a piercing voice suddenly sounded.Everyone was a little stunned for a moment, and looked up one after another, and found that it turned out to be a debt trader, who was standing two or three meters away from the group of them with his neck tilted, with his arms crossed and a sneer on his face. He looked at the group of non-ferrous metal traders with disdain.

In May, the European bond market has somewhat stopped the trend of soaring yields. After all, Europe’s fundamentals are good, and the central banks of various countries have started to lower interest rates in unison, because the evil effects of the withdrawal of funds from the United States are gradually fading, and some Daredevil money is also starting to re-enter the European bond market.

These traders are in charge of bonds, and in their view, bonds are the first choice to make profits.Of course, those who do foreign exchange, futures, and even stocks think that their own products are the first choice to make profits, and it is natural for both parties to look down upon each other.

"Gilbert, you fucking shut up, you son of a bitch, get out of here!" When these copper futures traders saw this trader named Gilbert, some people immediately shouted road.

Even within a fund, they sometimes compare each other's performance and dividends. The fixed income department has been very bullish these two days. First, it made a lot of money in the British bond market, and later in France, Germany and other countries. I made a lot of money in the bond market.Although the bond crisis that shocked the world occurred in February and March, the Williams Fund sold the US bond portfolio in time in January, but inevitably lost a large amount in Europe.

Therefore, every time Gilbert passed by the Commodities Department, there were always a few traders who said strange things in a strange way, and naturally teased the employees of the Fixed Income Department between the lines, which made Gilbert and his colleagues very angry.

Even last week, they had a big fight in a fight club on the outskirts of the city, of course, both sides wore thick armor.This is how traders keep their spirits high so that they don't get crushed by a mountain of pressure.

When Gilbert had the opportunity to hurt traders in the commodity market, he immediately spoke sarcastically.It's just that what he said were some simple trading skills, how could these traders here not know.

This is why the corresponding strategies are very different in different industries.Take copper futures as an example, the market can only follow the trend, that is, determine the future trend of copper futures through fundamental analysis, and cannot affect the price through forced manipulation. Even if the ideal price can be reached for a while, the future price will definitely rise Back to the price reflected in the fundamentals.

For example, if the price of copper in the forward contract is $2500 and the price of copper 3 is $1800, and the difference between the two parties is as high as $700, it is easy for arbitrageurs and gamblers to enter the market. Arbitrageurs may be better off. It's just arbitrage of price difference between different months, but the funds for gambling may be desperate to fight with the manipulator behind the scenes, and it can even last until the delivery!

Gilbert just showed off his courage for a while, but he didn't see Williams. Seeing these commodity traders retaliate, he was about to fight back a few more words, and then he saw Williams turned his head and shrugged at him. shrug.Seeing the helpless gestures of the big bosses, Gilbert twisted his mouth and walked out with interest.

"Actually, what he said is not wrong. We have been buying June and July copper futures contracts at low prices during this period!" Williams turned his head, pretending to be tacit, which caused the anger just now The traders just burst out laughing.

"Apart from major factors such as the housing start rate and crude oil, have you noticed that someone is quietly buying copper in the market, which may be short or long. In any case, our future strategy will not change .”

"In addition, it must be explained that if you can borrow leverage from a broker, don't be stingy, try to increase the leverage, so that our profits will be greater, understand?"

After Williams gave an encouraging speech, a group of traders were busy making phone calls. Now that the copper futures market is about to open, they must get their work ready as soon as possible.

……

On May 5, the day when the right to exercise the option was announced, the market unexpectedly did not fluctuate too much. The price of copper futures only fell a little bit, and then the price of copper futures rose a little bit on the second trading day. Yu's calm made many investors murmur in their hearts, not understanding what was going on.

Soon, on May 5, the price of copper began to fluctuate violently!
On May 5th, Friday, the opening price of copper 8 was 3 US dollars, which was basically the same as the closing price of the previous trading day. Just when the market thought that this would be a slightly flat trading day, the copper price suddenly started to surge rise!
"Today will be the day when the economic data of the United States will be released in April. According to the data of the first three quarters, even if the growth rate of this month has slowed down, data such as the housing start rate will inevitably be affected by the beautiful data in the first quarter. growth, so this period of time is the best time to raise copper prices!" In London, Williams educated his traders in this way, and after a pause, he said slowly: "Some time ago we have already A large number of long positions have accumulated on the Copper 3 contract in June and July, with an average price of around 5965 and a size of about 20 lots. These positions will be a major profit point for us in the future, so starting today, starting from non-ferrous metals, We're going to make back all the losses we lost in the first quarter, understand?"

"Yes, Boss!" A group of traders who had been gearing up for a long time and were eager to try, shouted frantically like chicken blood.There is no need for Williams to say anything about the rest of the matter, as long as they continue to open positions to raise the price of copper, they have already negotiated a charter for this tactical matter.

"Boys, what are you waiting for, let's get started, now!" Williams waved his hand, signaling all traders to start working!
……

In the trading room of Chiba Trading Company in London, almost at the same time, all the traders were called into a small meeting room by Yokono Yamashima.Training before the battle.

"According to my intelligence, there has recently been a wave of bulls quietly absorbing chips in the market. Currently, the number of open positions in the market has exceeded 50. It seems that they will have a large-scale battle in a short time. I guess In these two days, it is the day when the United States announces the economic data for April. But gentlemen, our goal this time is not to fight against them, but to raise copper prices together with them, because I got another news, that is, in The last option announcement day. A large number of bearish forces chose to execute. The number is large enough for us to have enough profits, so we must cooperate with this long pull during this time, understand?"

"In addition, in the process of pulling up, we should try our best to accumulate more orders. Because according to my estimation, this wave of market prices should not end in the short term. After all, the demand for copper in the current market is very strong, even if it is fundamentally It is also to support us. In addition to dealing with short sellers, we also need to guard against other bulls. But I believe that you are all experts and will not be deceived by other forces, right!"

The traders present at Chiba Trading Company laughed, yes, in terms of cunning, they are not necessarily the most cunning in this market, but in terms of strength, they are definitely the strongest in this market. The superiority in the field is enough to collapse a single opponent, not to mention there is Yokono Yamashima who has a strong influence on the market trend!
……

"Boss, the direction of the copper market has changed. Do we have to do something?" Just as Lin Haocang returned to his apartment, the phone rang non-stop. Anthony, if you don't have anything special to do recently, don't look for him. Now it seems that there must be a major change in London.

"What kind of change?" Lin Haocang casually pressed the hands-free button, then turned on the computer, and then sat down on the seat with a cup of steaming coffee, ready to stretch comfortably.

The voice on the other end of the phone paused, and then Anthony's voice rang immediately: "Boss, are you finally back?" He kept calling Scotland for more than ten minutes, but the answering machine was always working, but now The market conditions were changing rapidly, and he couldn't make up his mind, so he had to dial the number over and over again.

"I have something to say!" Lin Haocang interrupted his nonsense angrily, and asked concisely.

Anthony here gave a wry smile, and said in a flick: "The opening of today's Copper 3 is the closing price of the previous trading day. The position of $5990 seems to continue to rise, and at the same time, the trading volume is rapidly increasing, and the market has formed a strong bullish sentiment!"

"Really?" Lin Haocang replied casually, while looking at the real-time data on the computer, he finally realized something was wrong, "Is this the right time to move?" He thought secretly.

"Anthony, how many of our June contracts have not been settled?" Lin Haocang thought for a while, and then asked Anthony.

Anthony was clearly prepared for this question. When Lin Haocang asked, he said without hesitation: "Currently there are 30 open long contracts, and the average price is 5970 US dollars. It is already in floating profit..."

What he is talking about is the account of Sky Capital, which has been operated by him all the time. For other funds, he has strictly followed Lin Haocang’s plan. Up to now, he has collected a large part of cash copper, but these involve physical objects There is no leverage in delivery, and this part takes up more funds than his option funds.

"You continue to hold long orders, and open long orders at the same time. Remember, you must steadily increase the price of copper, and you must not become the main force in the market, otherwise you will not know if you are sold by others!" Lin Haocang thoughtfully said.

He doesn't have enough funds, and this time he won't choose to go head-to-head with the main force of the market. It will be bad if he messes up. After all, the funds he can operate are only billions of dollars.

Although the current rally is ferocious, who knows if this is a strategy by the bulls?The bulls sharply increase the copper price in a short period of time, and at the same time catch the attention of other forces in the market and take the opportunity to reduce their positions. This is a commonly used tactic in the futures market.

What Lin Haocang didn't know was that the two giants in this market had decided to raise the price of copper at the same time, and they had already accumulated a large number of long positions before that, and they would definitely not allow the price of copper to fall.

"Okay!" Anthony replied, and then Lin Haocang heard him shouting on the phone: "Trade quickly according to everyone's authority, change hands every time the price rises by three levels, and reserve the last lot for the scale of 1 lots. positions, and sell the rest immediately."

Lin Haocang shook his head slightly when he heard Anthony's order. He had to say that Anthony's strategy was a bit conservative, but he must maintain awe of the market at all times. This is a mentality that futures people should maintain. Very well done.

Here he has already connected to Wallace's call, "Mr. Lin, what commission do you have?" As soon as the call was connected, Wallace's slightly hoarse voice rang, and Lin Haocang was taken aback when he heard it. Without thinking about it, he asked casually, "Wallace, what's wrong with you?"

"The market fluctuated violently, and my phone was about to explode!" Wallace lamented and said with some helplessness.

While talking, Lin Haocang heard a burst of exclamation from the other end of the phone, and someone inside shouted loudly: "It's over 6000, my God!"

Lin Haocang hurriedly put his head in front of the computer, and found that the current quotation of copper 3 has passed the mark of 6000 US dollars per ton, and what is even more surprising is that the price is still rising.

"Buy another 10 lots, entrust the market price, the main month, now!" Lin Haocang no longer had the mood to comfort Wallace, and after quickly placing the transaction order, he stared at the real-time data on the computer.

Wallace on the other end of the phone didn't say much, and after receiving the entrustment, he started making phone calls all over the place to match them up.At this time, time is money, and he knows it better than anyone else.

Not long after the copper price broke through 6000, the short sellers suddenly rushed over. At the price of 6000 US dollars, they were beaten by the sudden bulls, and they could not organize any offensive at all. At this time, they finally breathed a sigh of relief. At this time, just as the main force of the bulls has just broken through the integer point and the position has not yet stood firm, it will launch a counterattack.

Having said that, when the two main bulls in the United States and London were at the same time, they quickly wiped out the low-priced empty orders in the market, and the price jumped by $20 in an instant. This is not over, and the price continues to rise.

This mobilized all the emotions in the market. Followers who usually cruise outside the direction of the main force immediately understood that the main force had made a big move. Although they didn't understand what the main force was thinking and what price it would raise to, these could not stop them. Quickly open long positions, and the greatest skill of these people is to close when they see good results. After earning tens of dollars per lot, they wait until the position of 2 US dollars to start closing their previous positions.

As a result, there was some pressure on the bulls who pulled up, and at the same time, the shorts took advantage of the opportunity, and there was a see-saw state in the market for a while, and even some small customers who thought they were smart opened new short positions at the $6000 position.In their view, the price of copper has not fluctuated too much recently, and it is really rare to be able to fluctuate so much today, and now is the time to go short.It's just that these empty orders that had not been accumulated for a long time happened to meet Lin Haocang's newly opened long orders, and they were eaten up in a short time. It took only 5 minutes, and these empty orders could no longer play a role in suppressing the price of copper. It only hovered at the $2000 position for a while before rising again.

"Open more than 5 lots!" Seeing the real-time data uploaded from the computer here, Lin Haocang was so determined that he couldn't help dialing Wallace's phone again, and issued another transaction order.

……

(End of this chapter)