I just want to enjoy life

Chapter 758 765 left the field and won 200 billion US dollars!
"The fight was really fierce!" Lin Haocang sighed sincerely when he saw the k-line chart.After seeing through the strategy of the bulls, he took advantage of the main force of the bulls to test the market reaction, and quickly established a position of [-] lots in the market. These positions cost him nearly [-] million US dollars. Another $[-] million is in reserve.

It can be said that during the soaring price of copper futures, Lin Haocang contributed a lot, with 9 lots. It is not an exaggeration to say that he is the most conspicuous main bull in the market.With the current price of copper rising to $6220, he has made a lot of money on these positions!
A position of [-] lots is also a very obvious position in the entire market. What Lin Haocang is doing now is to try to close the contracts of the near months and establish the contracts of the far months, but now the contracts of the far months are due to the main contract. The price has risen, and the cost of opening a warehouse has also increased enclave. Lin Haocang knows that it is impossible to open a warehouse at a low price.

Not knowing how far this wave of market will be pulled, Lin Haocang couldn't help sighing. It was only two days after the bulls pulled up that he vaguely understood what the plan of the people manipulating the market was.Although frantically opening positions from the market and adding the previous positions, only [-] positions have been accumulated, and those main players who pulled up the horrible positions established at a certain low price, still don't know how to make money. How much!

What Lin Haocang didn't know was that whether it was Williams Fund, which had previously formulated a promotion plan, or Yamashima Yokono, who was in the Zongheng copper market, their positions were much larger than Lin Haocang's.

·····
Wednesday, May 6200th, the option exercise day, is the day they enter the market for option parties who announce the exercise on this day on the first Wednesday of the month.Before that, the price of copper futures has risen to [-] US dollars per ton, which I am afraid that they did not expect before the announcement of the implementation.

In just two weeks and ten trading days, the price of copper futures has risen from $6000 to $6200. This range is not large, but for many option holders who announced the execution of short positions, the price may be difficult for them now. accept.

Based on the price volatility in April and other months, the price of the short-term option at that time was generally chosen around US$6100, which meant that they had to accept a loss of US$100 per ton as soon as they entered the market.That is, the loss of each contract is 2500 US dollars, which means greater losses for those short positions with larger positions.

But for those who choose to execute the call option, this means that part of the floating profit will fall out of thin air. Now they only need to level out according to the market price when they enter the market, and they will securely pocket the profit.

It's just unfortunate that, for the various option parties that announced their execution this month, the bearish side still occupies the majority, while the bullish side is a very small part.

Now there are only two ways for the new short sellers to enter the market, one is to admit their losses and leave the market, and the other is to carry it to the end.At present, the market does not know the proportion of short positions that are ready to leave.But everyone knows that.But even those shorts who have taken a loss and walked out can fight hard before closing out their positions, making option prices as low as possible for the day.

Therefore, this day is the best day to test the financial strength of bulls.

opening. $6223.Slightly lower than the final price of the previous trading day.This is also a normal and expected reaction.But everyone knows that there will be a fierce battle on this day.

Sure enough, not long after the opening.The price of copper futures took a sharp turn, falling to US$6210 almost instantly, and selling orders continued to appear.

"What's going on?" The traders in the Williams Fund in the United States couldn't react. Although they didn't care much about the drop, the sudden change in the market still touched their sensitive nerves.

"This should be a normal reaction after option shorts enter the market." Williams' voice sounded, and seeing the eyes of the traders all focused on him, he nodded slightly and explained nonchalantly: "They are five The month’s option executives want to take advantage of this opportunity to suppress the price so that they can leave the market at the lowest price.”

“So where is the price they compromised on?” one trader asked without missing a beat.

"Compromise price?" Williams was stunned for a moment, then reacted, and said with some amusement: "They don't have a compromise price! For them, the lower the price, the better. In this case, the copper price is o Dollars per ton is their compromise price! Guys, their compromise price is in your hands, understand?"

Hearing what he said, these savvy traders didn't understand that it was time to beat the dogs in the water. They immediately entered the fighting mode and began to attack these new shorts.

……

The same scene also happened in the London department of Chiba Trading Company. Even Yokono Yamashima, who always works in his own office, came to the trading floor and issued orders one after another to the many traders under him: "Give me the top!" Hold on, we must let the short sellers know how powerful we are!" "We must not let the price of copper futures fall below the bottom line of $6200, which is the lowest price we can accept."

The traders of Chiba Trading Company were busy on the phone, instructing the brokers to buy newly opened short orders and long exchange orders in the market, and strive to stabilize the price above 6200 US dollars.

……

"It really is like this!" Seeing this scene on the board, Lin Haocang didn't understand what was going on, but at this moment he was caught in a dilemma.

In his previous imagination, this was the first premeditated promotion by the bulls. It has to be said that his ideas coincided with those of the Williams Fund.But now it seems that these pull-ups may seem like a trap set for the option short side. As long as the option side admits defeat and leaves the market on this day, it is likely that the pull-up has reached its limit.

It's just that he couldn't tell whether it was a trap or a long-term promotion.

So at this time, for him, there are two strategies to choose from. The first is to help the bulls pull up. When the price reaches a certain height, the option shorts will naturally admit defeat and leave the market.But there is a problem with this strategy, that is, for a period of time in the future, his position will have a great price risk.

Another strategy is to liquidate positions on a large scale while the bulls are desperately protecting the bottom line, and suppress the price together with the shorts. But in this way, his floating profit will suffer huge losses, which is not worth the loss.

He has completely forgotten that he is also a part of the main bulls, and his influence during this period is not weaker than that of the other main bulls.

"How should I choose?" Lin Haocang was lost in thought for a moment, and he didn't even hear Anthony's urging on the phone.Unknowingly, the price on the disk has reached 6207 US dollars per ton. The two sides launched a large-scale fight at this price, but after maintaining it for 5 minutes, the price of copper futures did not break through this limit.

"Anthony, what did you say?" Lin Haocang reacted from his contemplation, and said to the phone belatedly.In his meditation, he faintly felt that someone was calling him, but he was too lazy to answer, and he didn't realize it was Anthony's shout until now.

Anthony, who was waiting by the phone, finally heard the echo and couldn't help but breathe a sigh of relief.He hurriedly said: "Just now, the long and short sides engaged in a large-scale fight. According to the feedback from the trading software, the trading volume below $62210 has reached more than 10 lots, and the two sides are fighting crazily at almost every price..."

"What?" Lin Haocang came to his senses, and quickly asked, "You mean that the two sides compete for every price below $6210. The trading volume reached more than 10 lots?"

The trading volume was [-] lots.This is already [-]% of the normal day's trading volume.But this is just the trading volume less than an hour after the opening of the market today, and you can see how fierce the fighting between the long and the short is.

"Yes..." Anthony nodded quickly.

Suddenly a bold idea appeared in Lin Haocang's mind, since he didn't know the bull's specific plan.So why not let the bulls themselves reveal their ultimate goal through a massive handover?You don't have to choose to do it on this day, but you must make it impossible for the short sellers to leave the market too early, otherwise no one will play.

"Anthony, you open a new position immediately. The price should not be too high. To absorb long orders, you must absorb them quietly and on a small scale. Don't let other people in the market feel that it is best to do it in thousands of lots." The reacted Lin Haocang quickly ordered.

"..." Although Anthony wanted to ask why, he also knew that this was not the time to ask, so he hurriedly ordered the traders to do it.

"Wallace, buy me a long order, 5000 lots, entrusted at the market price." In addition to Anthony, Wallace also arranged a trading order.

Soon, when the bulls and the bears were fighting fiercely, the market price order of 5000 lots was traded almost without any effort.Soon, another 5000 lots were traded again, and then the third and fourth 5000 lots were traded. After a total of 2 lots were traded, both the long and the short sides realized that at this time, a small order entered the market. No small bulls.

Even though there were 2 more orders traded, the price of copper fell below $6200 during this period. After breaking through $6200, the short sellers pushed the copper futures to $6175 in an instant, because most of the copper futures defense orders were set Around $6200, so after the defense of $6200 was broken down, the bears suppressed the price of copper with impunity.

However, there are only a few shorts who can close their positions at $6175, and they are extremely lucky investors. The bulls who reacted quickly set up their defense again at the position of $6180, and first took all the short positions below $6180 , and then regain lost ground step by step.

"It should be the main force of the bears just now!" Seeing a long red line drawn from the software, Lin Haocang couldn't help but sigh with emotion.So far, the bulls are fighting with the shorts who enter the market in the form of option execution, while the main shorts who have been active in the market are secretly fueling the flames while waiting patiently, finally giving them a chance to suppress the price to $6175 .

And the bulls are also great. Before they can react to the trend, they build up their defense again, which reduces a large part of the financial pressure.

"10 lots!" Lin Haocang watched the price stabilize at $6180, and suddenly yelled into the phone, very excitedly shouting to Wallace who was waiting on the other end of the phone.

"What?" Wallace was stunned for a moment, and then he realized: "10 lots? Market order?" He had already stuttered. The number of lots shocked him, and the margin alone would cost billions of dollars.

"What are you waiting for?" Lin Haocang was very dissatisfied with Wallace's sluggishness, he was looking at an opportunity with great difficulty, how could he let it miss so easily?
"Yes!" Wallace shuddered all over, and immediately realized that he quickly picked up the phone and started matching.

10 lots of buy orders entered the market, which quickly pushed the price of copper futures to a new high. At this time, the long and short bulls were also a little exhausted. At that time, the result was that the price of copper futures rose all the way, and soon broke through the price levels of 6190, 6200, 6210, and 6220 US dollars, which caused the market to reverse, and the follow-up market desperately kept up. go up.

When it reached $6230, 10 of Lin Haocang's 7.8 orders had been sold. At this time, he asked Wallace to stop and slowly liquidated the long position he had established earlier. Contracts, they didn't realize that this was a liquidation order to pull up the long position, and quickly ate up this part of the long position...

Time passed slowly, and the price of copper futures was also pushed up to $6255 by following suit.

The next thing is no longer Lin Haocang's business. He opened these new long orders on this day, and the average price is around 6140 US dollars.

Not long after, when this wave of gains slowed down, the main short sellers and option short sellers seemed to be irritated, and they were at the position of 6255 US dollars. At this time, the "main force" of the bulls had become a follower, and these people were naturally vulnerable. After a little resistance, it immediately began to abandon its position, which eventually brought the price back down to around $6200.

Following the trend, the position is generally opened at around 6220 US dollars, and some are even at a higher position, but who would have thought that the main force of the bulls who pulled up is simply changing positions here, and there is no way to continue to pull up, and lose money. They can only yell at the bulls, but who cares?
When Lin Haocang's 10-lot huge buy order was thrown out, not only the short sellers, but even the bulls who had been fighting fiercely with the bears were confused, and they almost stopped entering the market immediately.Both sides are very puzzled by this ferocious operation. The bears think that this is a long-planned assault by the bulls, while the bulls wonder that it is another strong bulls entering the market.

Originally, the operation direction of this force is beneficial to the bulls, but the main bulls with ulterior motives think more. Their first reaction is not that this situation is beneficial to them, but whether it will affect their future operation strategies.Especially for the United States, the Williams Fund stopped operating almost immediately.

On the other hand, Chiba Trading Co., followed Lin Haocang to attack the camp step by step, but when it reached around 6220 yuan, they keenly found that the bulls were showing signs of retreating, so they were one step ahead, and at this price they gradually began to sell. After clearing the previously established positions, the two long forces tacitly let go of the high-level long positions to follow suit.

This lightning-quick operation set the tone for the day’s copper futures. The subsequent counterattack by the bears finally fixed the price of copper futures at $6207 per ton, a drop of $18 from the previous trading day. About hundreds of thousands of hands.

The most important thing is that the option short positions did not have time to leave the market. Originally, they fought with the main short sellers at around 6180 US dollars. As a result, the price of copper futures was pushed up to around 6250 US dollars under the impetus of large purchase orders, which made them dumbfounded up.But then they and the main short sellers brought the price of copper back to around $6200.But after experiencing a price lower than $6200, they are unwilling to close their positions above $6200.

The next day, Thursday, May 6250th, the two sides fought again. Although the trading volume was still hundreds of thousands of lots, the price did not change much. Finally, the copper futures price on this day closed at $[-], the same as the previous one. Compared with the trading day, the change is not large.

On this day, the main force of the bulls was mainly Chiba Trading Company's strength, while the Williams Fund did not exert its full strength.They are still silently digesting the inexplicable bullish intention that appeared yesterday.Because their main strategy is to pull up for a long time.So I don't care about the change of this day or two.

As for Lin Haocang, because he stayed up late frequently recently, he didn't enter the market on this day.He knows very well that if there is a plunge.Option shorts will take the opportunity to unwind and get out.Therefore, the bulls will never allow this to happen.Copper futures prices will only rise steadily.

On May [-]th, Friday, Lin Haocang finally regained his strength after resting for a day.He came to the apartment early to prepare for the day's trading, and he had already prepared for today's strategy.

"Wallace, close out the long position I established the day before yesterday!" Lin Haocang ordered in a flat tone when the first call was to the broker.

"What? Flatten?" Wallace asked hurriedly, a little astonished.

Regarding Lin Haocang's position, Wallace is well aware that he holds tens of thousands of long positions below $6000. This part of the profit is already an astronomical figure. In the last two days, they even increased their long positions by 6142 lots in one fell swoop. Although more than half of them were liquidated in the end, they still held 6140 lots of long positions, with an average price of $[-].

Now this part of the long position has an average profit of 110 US dollars per contract per lot, and the calculated profit is around billions of dollars. If it is closed now, it will definitely lose a large part, especially in the fierce game between the long and short sides In the current situation, not to mention billions of dollars, even the seven-figure profit can be kept.

When he heard Lin Haocang's order to liquidate this part of the position, he couldn't believe his ears, so he hurriedly asked.

"Yes, it's flat!" Lin Haocang repeated firmly, and then hung up the phone.Immediately, he got through the phone of Sky Capital and said to Anthony: "Anthony, today's strategy is to go short, short 3 lots, immediately!"

To close out the long position means to sell the contract. The transaction method of this part of the contract is either the long position is followed by a long exchange, or the short position is followed by a double balance.In this case, the new short positions are combined with the liquidation of the long positions, exerting double pressure on the supporting long positions.

"Okay!" Anthony agreed casually, and then realized that he was shorting. He smacked his lips, turned around and immediately issued a trading order without saying anything.

Two stocks with nearly 225 lots of empty orders hit the market, which immediately caused an uproar, and a long red line appeared on the computer. The price of copper futures soon fell below the opening price of 6230o, and soon fell to [-]. around, and it's still going down.

"What's going on?" In the trading hall of Chiba Trading Co., the traders watched the changes in the market with dull expressions. The defensive sheet turned out to be devoured in an instant without even responding.

After 1 minute, everyone realized that it was a large empty order thrown out, and they panicked immediately. Let alone how much the empty order was, it was the wind direction caused by the empty order. The coming changes are enough to make them frightened.

Sure enough, driven by this generous sale order, followers entered the market to sell short one after another. At that time, the number of sell orders accumulated more and more, and the main short sellers also took the opportunity to issue liquidation orders, which made the copper futures price bear more and more pressure. bigger and bigger.

"Don't worry about the above, open a defensive order of 6200 lots at the position of 5 US dollars, and the price must stay at 6200 US dollars!" Just when the traders were at a loss, Yokono Yamashima appeared right beside them A few days ago, I saw that the minister who was not tall gave trading orders calmly, and the number of orders was still a huge amount of 5.A big stone suddenly fell in the hearts of the traders. At this time, what they need most is confidence.

In the United States, seeing the sharp drop in market prices, the traders of the Williams Fund did not get specific trading strategies from the big boss. They could only open some small trading lots through their own authority, and many of them opened The short positions that have been sold out, together with the main force of the market, put pressure on the bulls.

When the price of copper futures fell to $6210, the short-selling forces began to diverge, and some short-selling positions began to close.Another part of the short is firmly short.Expecting to further suppress the price of copper futures, the price of copper futures began to slow down under the action of different strategies.

"Wallace, how is your situation?" Seeing this situation, Lin Haocang estimated that the market might rebound.But so far he has not seen the emergence of the main bulls.This made him a little restless.

in his strategy.The purpose of closing positions and opening new short positions today is to force the emergence of some main bulls. As a result, so far, his goal has not been achieved.Of course he has to ask about the current position.

"2 positions have been closed, and there are still 1 odd positions that have not been closed!" Wallace said guiltily, rubbing the sweat on his forehead over the phone.

He followed Lin Haocang's order to match, and saw the price of copper futures drop one after another, and the profit decreased step by step. The huge number had already made him numb.In his heart, he already regarded Lin Haocang as the second ancestor, or an investor who only had money but no brains.However, he obviously forgot that Lin Haocang's other long positions have already made billions of dollars.

"Continue to entrust the market price, and open another 3 empty orders!" Lin Haocang thought for a while, and then continued to increase the intensity of short selling.

On Anthony's side, nearly half of the 3 lots of empty orders were sold. Lin Haocang asked him to release them slowly.

At this time, another 5 lots of sell orders appeared in the market, and the copper futures price responded quickly. The prices of 6209, 6208, etc. were instantly swallowed up, and the price quickly reached 6200 US dollars.

Everyone knows that integer points have a symbolic meaning, and it also means a watershed in prices. Followers start to gradually close their positions at this price. In their strategy, when encountering this situation, they have to wait until the two sides fight It is ready to enter the arena again after it is life and death.

Lin Haocang's odd number sold 1.5 lots at this price. In addition to the previously suppressed number of lots, all his orders have been sold. He currently holds 3 short positions, with an average price of $6200.

For the bulls, 4 defensive orders were consumed at once. At present, there are only more than 1 buying orders at this price, but this number of hands is not something that ordinary investors can shake.Just when people thought that the market was about to rebound, the price of copper futures fluctuated again, and another short seller entered the market, throwing out 1.2 lots of short orders, instantly blowing up the defense of the bulls at $6200, and the price of copper futures fell to $6199. the following.

"Uh... was pierced?" Not only the participating investors, but even Lin Haocang was a little stunned. He never expected that the main force of the bulls would be pierced so easily in this position.What he didn't realize was that this was thanks to the fact that he absorbed a large number of long defensive orders in this position, that is to say, he acted as the main short seller today.

Once the price of copper futures falls below 6200 US dollars, the market will become clear, and followers will start to enter the market again to short.And Lin Haocang took the opportunity to start closing positions, and his closing positions were gradually small amounts, trying not to attract the attention of the main short sellers.

Surrounded by followers, the smug short sellers frequently set new lows in copper futures, and quickly suppressed the price to $6190.At this time, Lin Haocang had already closed half of his position, and he breathed a sigh of relief, knowing that this day's operation was almost like this, and the rest was fighting for other funds.

At the position of 6190 US dollars, some of the main short sellers began to close their positions. Some of them were option short sellers who entered the market two days ago. With a clear goal, the liquidation line of some funds is set at 6200 US dollars, and now it has exceeded their expectations at 6190 US dollars. This is a rare opportunity to leave the market.

The short position closing orders and the support of the bulls made the price of copper futures stay at a minimum of around $6185. At this position, the main force of the bears was unable to attack down, and the bulls took the opportunity to attack, and the price of copper futures began to reverse again.During this process, Lin Haocang closed all the remaining positions. On this day, hundreds of millions of dollars of profits were added to his book, which were all profits from the previous long positions, while the newly opened short positions did not make any profit at all. to money.

On the contrary, Anthony, who established a short position at a high level, lasted until the position of 6197 US dollars and began to gradually close it, making their profit reach a historic 4 million US dollars!
The most important thing is that Lin Haocang has tested the intention of the bulls through his own operations. If his prediction is correct, the bulls will forcefully pull up tomorrow!Today's operation was carried out by him instead of the option short position. The purpose was to test the bottom line for the long positions to be allowed to liquidate. As a result, Lin Haocang accidentally broke the long line and allowed the option short positions to close at a lower position. part of it.

Of course, seeing that the bulls are so "vulnerable", the other options short sellers are likely to stay in the market, and the bulls will not pull up strongly again. Lin Haocang can even realize that the subsequent transactions are slow. The price of copper futures was pushed up rapidly, and the price finally stayed around US$6200, leaving unlimited room for imagination for option shorts who have not closed their positions, and this room will become a disaster tomorrow!
Lin Haocang is 2% sure that he can determine the market trend of the next day. He already has a vague understanding of the long strategy, so after finishing the operation, he asked Anthony to add another 1 long positions at the current price. Also added a long position of [-] lots.

As he expected, on Monday, May 23, copper prices opened from $6210 and then fell again shortly after the opening. This is because the bears saw room to suppress copper in the previous trading day, and they took it for granted They believed that they could close their positions at a low level, so they raised a lot of funds over the weekend.

The bears can raise funds, and the bulls can also raise funds. After the current copper price fell to 6190 US dollars, it encountered a strong resistance from the bulls. The bears have been fighting here for a long time, but there is still no way to break through this bottom line. As time passed, the bears gradually began to change their minds, and they also realized that the weak rise of the bulls in the previous trading day was a strategy to attract them not to leave the market.

As soon as the bulls realized that the shorts were planning to leave the market, they immediately began to quickly raise the price of copper futures, raising the price of copper futures to above $6200 in a very short period of time, and then several large buy orders were thrown away one after another. It came out and raised the price of copper futures to $6240 in a very short period of time.

Seeing that the price of copper futures skyrocketed, Pan Xun followed suit and changed his attitude of watching. He couldn't wait to enter the market and build long positions. For a while, the bulls became powerful and quickly broke down the sporadic lines of defense set up by the short sellers.

期铜价格从62240美元开始，一路直接击破6250、6260、6270等几个小整数关口。整日的上涨已经无法遏制了。而此时的空头已经没有办法阻止整个盘面的上涨，他们最实际的目标已经是阻止期铜价格上涨到6300美元。

"Boss, we're rich!" Lin Haocang was resting when Anthony called Scotland. He believed that the market for this day should be going in the direction he predicted.Sure enough, when the news of Anthony's report came, he just hummed lightly.

Seeing that Lin Haocang was not so excited, Anthony felt a little depressed, but he quickly adjusted his mood.Asked Lin Haocang flatteringly: "Now our 2-lot long position has earned hundreds of millions of dollars. And the floating profit is still expanding, should we continue to hold it?"

Lin Haocang, who woke Anthony up, was very upset, but it was not good to dampen Anthony's enthusiasm at this time, so he could only frown and said in a displeased way: "I've earned so much. Are you still greedy?"

Hearing what Lin Haocang said, Anthony understood that he was going to close his position.Although he was very reluctant, Anthony still firmly carried out Lin Haocang's order and began to close positions in the market.

……

"Yokono Yamashima, there is a large amount of unwinding positions in the market. The number of lots is around 1. Should we suspend the increase?" In the London department of Chiba Trading Company, traders were closely watching the changes in the market. When Anthony After the liquidation order appeared, they were keenly aware of it.

"1 lots? That's not a small number!" Yamashima Yokono frowned, and said with a little displeasure, "I hate this kind of deal that you just take as soon as you see it. Almost every deal is cut off from me. Part of the profit, Baga!"

After he cursed bitterly, he immediately ordered: "Eat them all. Our goal is not these small funds that follow suit, but those short options. Today's goal is to let them see how good we are, and let them Know the bottom line we give them!"

Yamashima Yokono and his Chiba Trading Co. were the main force driving the copper futures market in the past two days. Originally, according to their plan, they slowly endured the pressure from short sellers during this period and took the opportunity to open more opponents. , Waiting for a certain stage to suddenly pull up copper futures, making option shorts have to leave the market at a higher price.

Before that, between the first Wednesday and the third Wednesday in May, they and another bull in the market tacitly pulled up the copper futures, which made the option shorts suffer a big loss quietly, but they still Not satisfied.Up to now, only some of the option shorts have chosen to leave the market, and most of the option shorts and the original main shorts still have the illusion that they can suppress the price of copper futures to a low level.

However, the huge long liquidation order that appeared out of thin air on the last trading day almost exposed their plan. After paying a part of the price, they reluctantly kept the option short position in the market. For safety reasons, they had to crazily pull up copper futures today. price.

"Okay!" Yamashima Yokono's order was immediately carried out by the traders.

Yamashima Yokono, who was holding a cigar, hid his face in the curling smoke, gradually blurring.At this time, he was very angry in his heart, so yesterday's long liquidation order exposed his trading plan, which forced his plan to be carried out in advance. On the bullish forces, I completely forgot that this bullish forces have played a lot in the process of pulling up copper futures.

What he doesn't know is that the bullish forces that appeared yesterday are other funds, not the Williams Fund that has been working with him to raise copper prices. It's just that the Williams Fund is out of long-term trading plans. He didn't enter the market aggressively for two days, which made Lin Haocang and his funds take advantage of a small loophole.

More than 1 closing orders made the rising copper price start to slow down, but then the main bulls entered the market and took over the long closing orders with a strong attitude. The market saw that at the position of 6270 US dollars, the main bulls were still taking orders, which further strengthened their confidence in going long.

The price of copper futures slowed down twice at 6270, 6280, etc., but the liquidation order was still taken by the main bulls. The price has reached the position of 6300 US dollars. For a while, the market was turbulent, and many investors shouted in their hearts , I hope that the main bulls can make persistent efforts to raise the price to $6300.

However, starting at $6290, short sellers began to continuously open new positions, which strongly suppressed the rising momentum of copper futures prices. , The follower plate felt the pressure from above, and began to close out the previously established long positions in a small amount, which made the bulls add a part of the pressure out of thin air.

However, Yokono Yamashima is not easy-going. He took the long position with a tougher attitude, and opened more long positions. At one time, the price of copper futures was infinitely approaching 6300 US dollars. Under resistance, the price of copper futures remained at $6298.

On Tuesday, May 24th, the two sides regrouped and started a new round of competition. On this day, the bulls once pushed the price to $2335, and the shorts once suppressed the price to $6262. Finally, the two sides opened at $6288. The price position reached a compromise, this day fell by 10 US dollars compared with the previous trading day, and a cross chart was drawn on the disk.

On May 25th, Wednesday, the two sides repeated the situation of the previous trading day again. The market still showed a cross shape. The two sides reached a balance at the position of 6274 US dollars. 29 lots, the two parties have reached an intangible consensus on this price, that is, option shorts will close their positions at such a price.

Sure enough, the price of copper futures fluctuated between $6000 and $6300 during other trading days in May.

Eventually, before June came, these option shorts gradually liquidated their short positions converted from options.

During this period, Lin Haocang seized the opportunity to keep shorting and longing at high positions. He went back and forth for an unknown number of times, tens of thousands of hands at a time, 10,000+ hands, or hundreds of thousands of hands.

Counting for so long, they have earned a total of 200 billion US dollars!
The funds in the account went from $50 billion to $250 billion!
Sky Capital also made billions of dollars in profits!

And Bitcoin, which invested 100 billion U.S. dollars before, is also building positions in an orderly manner!

Before spending 150 billion US dollars to do long spot gold with 100 times leverage, he also got a huge return. Lin Haocang does not plan to close the position for the time being, but waits for the spot gold to rise above 1900.0 before closing the position!
……

(End of this chapter)