legendary trader

Chapter 108 Observation
Chen Fan has already thought about it. Tonight, the United States crashed and dived. Although the decline was stabilized in the second half, the overall decline was still very large.

It is estimated that today’s domestic and foreign news will focus on the U.S. stock market. After all, the U.S. is the world’s largest economy, and the stock market is a barometer of the economy. Any problems in the U.S. stock market will definitely affect the U.S. economy, and then the whole world.

The most important thing is that no one can find the reason for this plunge. The economic data does not support such a sharp decline in the market, so the decline is for that.

Chen Fan estimates that many economists and senior advisers to governments of various countries are currently scratching their few hairs. They must think of a reasonable reason to explain the current market conditions, otherwise various conspiracy theories and negative views will It became popular, which in turn caused even greater panic in the market.

Knowing the reason for the decline is not terrible, the unknown is the most terrible.

As the market closed, Zheng Xiaopang's somewhat excited spirit gradually calmed down, and he yawned and said, "Okay, I'm going to bed, I'm so sleepy, I just watched it all night."

After speaking, he got up and walked out of the trading room. Chen Fan and Zhang Yang also got up and went out one after another.

Chen Fan slept in the lounge until dawn. After waking up, he simply washed up and walked out of the lounge. He looked at the breakfast and reports on the desk, and sighed in his heart. It's not easy to be a boss.

Chen Fan finished his breakfast in a few mouthfuls, thought he would read the analysis report when he had time, so he got up and went straight to the trading room, passing by Zheng Xiaopang's office, it seemed lively inside, so he looked inside, Zhang Ping and Zhang Yang were inside , and then Chen Fan also walked in.

"Hehe, why did Zhang Ping come here today? I'm not afraid of being caught and spanked." Chen Fan said with a smile.

Zhang Ping said: "How could I not come to see such a big event last night. I was shocked by reading the newspaper this morning. I asked my boss for leave at work and came here."

Chen Fan laughed and said, "Is there any peace of mind, what a big deal, we are here."

Seeing that Zheng Xiaopang put down the newspaper, he asked, "What did the news say? Is it a sensation?"

Zheng Xiaopang smiled and said, "What a sensation, it's just that there are too many reports, and the first edition doesn't even make it to the top."

Chen Fan scolded with a smile: "That is the site of national affairs, what kind of green onion is the US stock market?"

Zhang Ping also smiled and asked: "God of Stocks, I heard that you sold short positions ahead of time, and made a lot of quick money by shorting, so you didn't continue to increase your positions and short positions. How much money did I lose? What should you do?"

Chen Fan smiled wryly, "What can I do, I didn't expect it to fall so hard. What should I do, cold salad."

After speaking, Chen Fan walked over, picked up the newspaper on the table and read it.

In fact, Chen Fan was also suffering in his heart. Since he discovered the disadvantages of his abilities, Chen Fan thought of many ways to try to solve them.

Even because of guessing whether the posture was wrong, when no one was at home, Chen Fan touched his whole body in front of the computer and found no new skills. Even if he made a very shameful posture in front of the computer, Chen Fan tried it all. Only when the heart is dead, it doesn’t have that function.

Flipping through the newspapers, there is nothing to read except sensational headlines.

Chen Fan threw the newspaper away and said, "It's all rubbish reports, chubby, are there any dry goods from abroad?"

Zheng Xiaopang looked at Chen Fan and said, "The U.S. government responded that day. It was posted when the decline slowed down in the second half, and there was no content. It was just bragging and bragging to boost market confidence."

Seeing that Chen Fan listened seriously, he continued: "There is some speculation in the evening paper from the United States, saying that someone may be eager to spend money and sell a large number of blue-chip stocks to cash in, and the rapid change in market value will trigger the automatic balance of the electronic trading program of the index fund or some combination. Position selection followed the sell-off, causing a chain reaction.”

Seeing that Chen Fan seemed to be listening intently, he smiled and said, "No, that's all. It might just be manslaughter."

Chen Fan frowned and said, "That's not the point, what I'm concerned about is what kind of electronic trading program you are talking about?"

Zheng Xiaopang tilted his head and thought for a while before saying: "I don't know, maybe it's an automatic trading program. From a literal understanding, it should be to establish a stock pool or portfolio, and set the proportion of the stocks in it according to the market value or something. Automatic management. If the market value of a certain stock exceeds the preset ratio, the combination will automatically carry out the operation of buying and selling, and restore the shareholding ratio in the combination. That’s all I understand.”

Chen Fan nodded and said, "This program is interesting, fat, go back and ask Lao Liu if he knows about this thing? Let's buy a set and try it."

Zheng Xiaopang asked in bewilderment: "Try what? There is no private equity license yet."

Chen Fan waved his hand and said: "Perform some automatic operations, listen to the meaning, this thing can be programmed to automatically trade. Don't you think collecting money is boring? Let's buy a set of this program for fund raising. The computer won't call it boring."

Zhang Yang was very happy when he heard it, "It's really, the computer automatically trades, fat brother, please contact me as soon as possible."

Zheng Xiaopang also recollected it, and said, "That's fine, let me ask. If there is no one in China, I will find someone to buy it abroad. It sounds like a very interesting thing, so I bought it."

Chen Fan turned his head and asked Zhang Yang: "What's the situation in the trading room?"

Zhang Yang knew what Chen Fan asked, so he replied: "Hacheng Iron and Steel closed at 8.25, which is very stable. The market was affected by the US side and opened slightly lower. It should still be swaying below. The shares of Bodao are similar. It is estimated that Ma Yunbo is Bring people into the bargaining chip."

"Alright then, you go on, I'll go to the trading room to have a look." Chen Fan said and was about to leave.

Zhang Ping also got up and said, "Then I'll go and see how they trade."

Zhang Yang also got up and followed. When Chen Fan went out, he said to Zheng Xiaopang: "Little Fatty, remember those few things, help me quickly. Also, you are good at foreign languages, pay more attention to the latest news from Hami Country. "

Zheng Xiaopang nodded and said, "Okay, I see, I will let you know if there is any news."

The three of Chen Fan came to the big trading room and saw a dozen or so traders doing transactions under the leadership of Ma Yunbo. While Ma Yunbo was doing it, these people explained some precautions. Chen Fan's impression of Ma Yunbo was even better. point.

Walking over to see Ma Yunbo stopped talking and about to get up, Chen Fan waved his hand to stop him and said, "Go on, I'll come and see everyone."

Speaking of which, Chen Fan, Zhang Yang, and Zhang Ping stood behind several traders, watching their operations quietly. In fact, the main thing was to see that those people were quicker and executed orders more simply.

But after standing for a long time, he found that he was standing behind these people. They all seemed very cautious. They made frequent mistakes when pressing the keyboard during the transaction. Chen Fan sighed in his heart. .

After standing and watching for a while, he lost interest, so he had to pull Zhang Yang aside, and whispered to Zhang Yang the details that he thought needed to be observed, and asked Zhang Yang to observe more in this group of traders. The speed is fast enough, so it can be used as a key observation object, and it will be pulled into the core trading room in the future.

(End of this chapter)