legendary trader

Chapter 106

Chen Fan chatted casually with Zhang Yang again, and Zhang Yang went back to the trading room to watch the interns trade, while Chen Fan leaned on a chair to deliberate on the trading strategy for the evening.

When it was almost time for lunch, Zheng Xiaopang opened the door and walked in, looking at Chen Fan with a displeased face.

Chen Fan knew that Zheng Xiaopang came to Xingshi to inquire about his crimes, so he hurriedly begged for mercy, but he didn't have Zheng Xiaopang's strength and tonnage.

But Zheng Xiaopang didn't really do anything, seeing that Chen Fan admitted his mistake honestly and didn't continue this matter.

Zheng Xiaopang also said directly: "I discussed it with Lao Liu, and his opinion is to find a headhunting company to find an expert who is familiar with project investment to be responsible for selecting investment projects. People get it."

Chen Fan looked at Zheng Xiaopang and said with a smile: "You just know how to be lazy, there is no problem, just go dig people."

"Then what is the constitution of this department?" Zheng Xiaopang asked again.

Chen Fan said: "My plan is to allocate 1 million yuan to the venture capital department, and Tutu's investment will also be counted in it. By the way, how much money is left in the account?"

Zheng Xiaopang thought for a while and said, "I transferred more than 4 million to Jinxin, and the rest was invested in stocks. I spent about 1 million. There should be more than 5 million that can be used."

Chen Fan said: "OK, under the control of the more than 4 million yuan, I plan to increase my position in the US market. I need to allocate 1 million yuan of funds first, and the follow-up funds from the venture capital will be replenished after Harbin Iron and Steel is shipped. That’s fine. Actually, it won’t take that much in a short period of time, so you can find a budget to make a budget, pay attention.”

Zheng Xiaopang squinted his eyes and said, "Where do you go to settle our quota? Go to a black platform?"

"How is that possible." Chen Fan said shaking his head and said, "I plan to recruit Jinxin and discuss it again. We did a good job last week and need to increase our positions."

Zheng Xiaopang also shook his head and said: "I guess it's impossible, some restrictions can't be broken casually."

Chen Fan said with a smile: "Even if we don't raise the amount, let's increase the leverage. Isn't it 5 times the financing? Let's apply for 10 times, which will bypass that layer of supervision. As for the issue of financing multiples, let's pay more margin. It is the 1 million mentioned earlier."

Zheng Xiaopang said in surprise: "You mean the deposit only needs to be 1 million. Let's deposit 2 million in the past. The financing multiple will be increased from 5 times to 10 times. In fact, it is still 5 times. In this way, only Jinxin's internal review is required, and no supervision is required. game?"

Chen Fan nodded: "Yes, that's what it means. At most, the regulatory bureau will find out after the fact, and they will criticize Jinxin for not having a strong sense of security. It's just a small fine. It can be approved before being discovered, and no one will know if it is dealt with over there. It is best for her to agree, and it is fine if she does not agree."

After finishing speaking, Chen Fan looked straight at Zheng Xiaopang, "You want me to speak up again, I'll wipe it." Zheng Xiaopang was dissatisfied, "Why should I take the blame again."

"It's a lot of work for those who can. I don't know Mr. Qi that well. After working together for a long time, I will contact you if you feel guilty." Chen Fan hurriedly laughed, "And this matter is not urgent, you have It’s just a matter of empty contact. Our more than 1 million yuan has not yet been opened, so it should not be used so quickly. You should help me get the bodyguard thing done first and then talk about financing.”

Zheng Xiaopang rolled his eyes at Chen Fan, "Your illness is really serious, you should be cured soon."

Chen Fan could only smile dryly and added: "Well, let me talk to Liu Ying at noon and apply for an increase in the investment quota in the name of the company first. Then you can talk to President Qi when you have time, how about it?"

At 9 o'clock in the evening, in the core trading room of Chaofan Building, Chen Fan, Zheng Xiaopang, and Zhang Yang arrived early.

Zheng Xiaopang sat on the sofa and asked, "Any plans for tonight?"

Chen Fan replied: "Look first, if there is a low price, you can slowly build a position. I personally feel that there may be an adjustment of 1-2 weeks this time. Some stock prices may have a certain decline. Before there is a sharp drop, you can only Small order trial."

Zhang Yang interjected: "Actually, I think technology stocks may dive."

Both Chen Fan and Zheng Xiaopang looked at Zhang Yang, "What do you say?" Chen Fan asked.

Zhang Yang thought for a while before saying, "Last weekend, the tail market was severely suppressed, and there was no good news for the weekend."

Chen Fan said with a smile: "It would be great if it really fell sharply, you can quickly build a position, and it will depend on your mouth in a while."

Chen Fan was not very interested in the pre-market trading of rice stocks, and he didn't watch the market, so Zhang Yang read the latest news. He ate something, and the time soon came to 9:30, when the rice stocks opened.

After the market opened today, both the Dow Jones index and the S&P index rose slightly, while the Nasdaq index opened sharply lower and then dipped slightly to build a short-term bottom and began to climb slowly.

Chen Fan felt that the chance was not great, so he switched to the stock index futures to see how the futures of the three major stock indexes were doing.

The Dow and the S&P futures index are only at a small discount. It seems that there is no clear direction. The Nasdaq futures discount is more serious. Now the index has climbed to 1672 points, and the index futures price is still at 1655 points, and even all the way Slowly falling downward, there is a tendency to fall below 1650, which also reflects that the market's bearish expectations still have the upper hand.

Half an hour after the opening of the market, the Dow and the S&P ended their rising market and began to decline slowly. Chen Fan keenly noticed that the trading volume was significantly enlarged during the decline of the index.

The Nasdaq index also ended its rebound following the decline of the two major indexes, turned down, and the trading volume did not increase, showing that the short-term popularity of technology stocks is indeed gone.

Chen Fan kept comparing the difference between the index and the index futures, and gradually found that the index futures are indeed one step ahead of the index most of the time. It should be said that the investors of the index futures seem to be more familiar with the market, and they can predict the market in advance through clues. some changes.

"I'll go to bed first, watch the tape slowly, and make public that your crow's mouth is not working well." Zheng Xiaopang on the side got up and yawned before going back to sleep.

At this time, Chen Fan found that the Nasdaq index futures transaction column changed drastically again, a large number of sell orders were placed, and the index price quickly fell from 1652 points to below 1650 points, and went straight to 1640 points.

At the same time, the Dow and the S&P index also suddenly accelerated their decline. With the increase in trading volume, the rate of decline seems to be accelerating.

"Little Fatty, wait a minute." Chen Fan hurriedly stopped Zheng Xiaopang who was walking to the door, and waved his hand to signal him to come back first.

Zheng Xiaopang turned around curiously and asked, "Miscellaneous? It's okay, I'll go back to sleep."

Chen Fan said: "There may be a good show tonight, Zhang Yang may be right."

Zheng Xiaopang walked back a few steps and sat on the chair, "Hey, it's really falling, it's like diving."

At this time, the Nasdaq index did start to fall rapidly, jumping directly from 1669 to around 1650 before stabilizing briefly. What Chen Fan noticed was that the Nasdaq futures did not stop the decline after diving to 1620 points, but continued to fall. Downward hit the 1600-point integer mark.

(End of this chapter)