legendary trader

Chapter 123 Reversal
Seeing that the victory was in sight, Chen Fan didn't dare to continue to open positions because the investment amount reached the warning line set by himself, which was 5 million.

Is it that cheap for a short?
Chen Fan was also constantly struggling in his heart, really unwilling.

Chen Fan felt that he should tell Zheng Xiaopang and the others about the matter. After all, we are all partners, so it would be better to listen to the opinions of the big guys before making a decision.

Thinking of this, Chen Fan turned his head and said to Zheng Xiaopang and others: "Brothers, our position is close to 5 million now, and there is not much room for follow-up. What do you think? Is it enough to continue increasing the position?"

Zheng Xiaopang tilted his head and asked, "What do you mean? Don't we have another 10 billion investment quota?"

Chen Fan replied: "There is 10 billion, but the current situation does not dare to use it all up. Otherwise, if the short sellers do not surrender and come up with a counterattack or something, our market value only needs to drop by two to be liquidated. Who knows what they will do?" Not going crazy. '

Zhang Ping also said: "Safety comes first. I can't bear to part with these little money."

Zhang Yang said with a smile: "If you don't want to part with small money, you won't be able to make big money."

After hearing Zhang Yang's words, Zheng Xiaopang also understood, "You have a dark heart, and you still want to earn more."

Chen Fan chuckled, "You don't want to?"

Zheng Xiaopang said seriously: "Student Chen Fan, you have to know that money is not everything. So, I don't want to. If I don't earn this money, my plane and yacht still count on this plate. Let's use the knife. "

Chen Fan nodded and said, "Is that what you mean too?"

Looking at Zhang Yang and Zhang Ping, only Zhang Yang nodded his head heavily, and said "Yes", Zhang Ping was still a little hesitant, but he quickly came back to his senses and said: "You and Xiaopang have decided, and I definitely support it. "

Chen Fan looked at the time, and there was still more than an hour before the market would close, so he said, "Well, let's wait and see what the bulls are doing. If there is a breakthrough in the late trading, we will continue to increase the position."

The time went to 3:9 in the morning without knowing it. During this period, the short positions of the Nasdaq futures were very honest, so they strictly guarded against 1500 points, and the Nasdaq index was also fighting around this point. The Dow has rebounded to around 7700 points. The S&P index is also close to the thousand-point integer mark again.

During this period, small-stock bulls continued to provoke wars, trying to break through the 1500 points of the Nasdaq, but there was actually no effect.

Because the investment quota had been exhausted, the three of Zheng Xiaopang didn't make any more operations, and the four of them had a rare free time, so they just chatted casually and watched the changes on the board by the way.

Chen Fan has already switched many interfaces, not only index futures, but also index and stocks. He gradually found a problem, and felt that his own tension was created by himself, so he said: "Have you noticed, we don't After entering the market, the ten stocks did not fall, and they are still hanging there."

Zhang Yang replied: "I already knew it, but if you buy it, don't others also buy it?"

Zheng Xiaopang also said: "When we were fighting below, a lot of long funds were also entering the market. Or do you think that this plate is protected by yourself, hehehe, do you need the President of the United States to award you an honor? The fat man asked People help you spread the word.”

Zhang Yang saw that Chen Fan's face was a bit strange, and thought of how well he had done a few days ago, and suddenly turned short to clear the warehouse, he asked, "You are confused, what are you thinking? Don't ask us to go short again, it will kill us." .”

Hearing Zhang Yang's words, both Zheng Xiaopang and Zhang Ping looked over.

Seeing that the three of them misunderstood, Chen Fan quickly waved his hands and said, "No, I think we are a bit unworthy this time."

Zheng Xiaopang quickly blurted out: "It's complicated, what's the problem?"

Chen Fan bowed his head and said, "Actually, we don't need to be so nervous. I think the bulls below us have been secretly resisting the selling pressure of the bears. Think carefully about whether there is a situation of being pierced in the market, and whether it will be pulled up soon. .”

Zhang Ping nodded and said, "Yes, I didn't have time to place the order after it was broken several times, and the price rose by itself."

Zheng Xiaopang and Zhang Yang also looked at each other, Zheng Xiaopang couldn't hold back anymore, so he said: "Understand, what do you mean?" '

Chen Fan smiled bitterly and said, "I suspect that if we are scared and frightened, we may steal the bargaining chips of the main bulls."

Zheng Xiaopang was stunned for a while before he said: "Never mind him, as long as the market turns bullish, we will grab the floor price, and we are afraid that the main force of the bulls will set us a trap."

Chen Fan was right when he thought about it, so let him go.

Thinking about it, I looked at the computer screen, and a new transaction record was refreshed in the transaction column. Several three-digit over-bills appeared, and stayed for less than 1 second. After refreshing again, more than a dozen over-bills appeared, and after refreshing again .
Zheng Xiaopang and the other three were still sitting there chatting, when they heard Chen Fan shouting suddenly: "It may be activated, look quickly."

The three of Zheng Xiaopang supported the computer chair and moved back to the computer. Looking at the stocks they were in charge of, Zhang Ping exclaimed, "It's really gone up."

Zheng Xiaopang also switched four stocks and said, "It's kind of like that. What should we do now? Buy it?"

Chen Fan saw a large number of long orders rushing towards the pressure plate of 1500 points, and unconsciously his hands were a little itchy, but he was not sure whether the main force of the bulls was launching and whether they could effectively break through 1500 points, so he did not dare to shout to enter the market now , just asked: "How is your stock going up? Is it fierce?"

Zheng Xiaopang quickly replied: "It has been pulled by nearly 1 point, and it is still testing upwards."

Zhang Yang also said, "It's almost the same here."

Zhang Ping also replied, "Same."

Chen Fan hesitated and said: "Wait a little longer, our position is not light."

Zheng Xiaopang said: "Then the money ran away when I saw it."

Chen Fan smiled wryly, "Then what else can I do? It's always right to be careful, at least it's not a loss."

In the time it took to speak, the 1500 point of the Nasdaq futures was finally pried open by tens of thousands of long orders, and it quickly rose to 1506 points in one fell swoop. The off-market funds also quickly began to enter the market on a large scale to hunt for short positions. In just a few minutes, the Nasdaq futures rose rapidly It was only around 1530 points that a small adjustment was made, and Zheng Xiaopang and others were yelling at the side. At this time, Chen Fan came back to his senses and said, "Let's enter the market, with a quota of 1 million, we still need to reserve more , beware that this is a trap created by short sellers."

Zhang Yang interjected and said, "I'm afraid that short sellers won't be able to make big waves. Now I feel that the off-market funds seem to be overvalued, and it's very annoying to rush to raise funds now."

Chen Fan said: "As much as you can get, I feel that the bears are very strong, and I don't rule out the possibility of a second dip. It's always right to operate steadily. What those big guys often say is that you must first ensure that you Being able to survive in the market is the most important thing, and making money is only second.”

Zheng Xiaopang quickly replied: "Okay, got it, Teacher Chen."

"I'll wipe it." Chen Fan replied out of the blue after being teased by Zheng Xiaopang.

In the end, the market did not give Chen Fan and the others more opportunities. Before the market closed, the bulls launched another attack. The Nasdaq futures rose to 1580 points in one fell swoop.

Among the three major indexes, the Nasdaq index, which represents technology stocks, rose to 1577 points and closed at 1575 points. The Dow Jones index also closed at 7865 points. point.

(End of this chapter)