legendary trader

Chapter 190
After hearing Chen Fan's words, Zheng Xiaopang carefully recalled the subsequent development of the market, and had to admit that Chen Fan's point of view was reasonable.

"You are right, if the market does not form a trend, even if we break through that price in a short time, if there is no follow-up funds to follow up, we will still fail in the end."

Zheng Xiaopang said with a bit of resignation: "Then we can only wait for the market to choose, and wait until the market itself falls below 280."

"At least before the market shows that it is going to fall below 280 points, we can't deliberately short." Chen Fan nodded and said, "If the market is on the verge of breaking through, we can push it. This requires a keen sense of the market. A sliver of chance."

"Let's talk about it at that time." Zheng Xiaopang felt that he didn't have that sense of control, and Ma Yunbo probably didn't either, and Zhang Yang was even less like it. It all depends on whether Chen Fan has this ability.

Although a little frustrated, Zheng Xiaopang became optimistic in a blink of an eye. It doesn't matter if he can't spend gold now. Anyway, his mind is on the oil field now. If his cousin can really get the big oil field in Africa, it will be profitable if the project works well.

Taking advantage of the current pressure on oil prices, buying oil fields at low prices, and when these local tyrants in the Middle East no longer short crude oil, looking for opportunities to use the funds invested by Chaofan to make a wave of crude oil bulls and drive up oil prices, that would not be a good profit.

Chen Fan looked at the silly Zheng Xiaopang opposite and asked, "What did you think of? So happy."

Zheng Xiaopang said what he was thinking just now, and Chen Fan rolled his eyes and said: "If there is a chance to do more crude oil, I will do more even if I don't have oil fields in my hand. What's so exciting about such a thing. But the oil field You have to press for something, and it is best to implement it as soon as possible. I estimate that the suppression of crude oil will not be long, and it is unlikely that local tyrants in the Middle East will suppress oil prices for a long time, after all, their own losses are not small.”

"But we don't really have much money in our hands? Didn't my brother say that day, buying an oil field is a big investment." Zheng Xiaopang said a little worried.

"Stupid, we have a private placement license. With this license, we can set up a targeted private placement and attract a group of people to come in. You think you can eat such a big cake by yourself."

As Chen Fan spoke, he picked up his chopsticks to pick up vegetables again, and said casually, "We don't have to worry about sharing the cake. To have a share in a big oil field, I think I can support several generations, haha."

While eating the food in his mouth, Chen Fan also nodded and said, "You are right, we still have too little money now, I hope the US stock market will start soon, and we will have money by then."

"Didn't you say that the U.S. stock market won't start until next year, and the day lily will be cold by then." Zheng Xiaopang was also a little anxious, because he didn't have much money, and he couldn't do anything big if he wanted to.

"I'll study crude oil and gold later on, to see if I can make more money. I wanted to take a break, do whatever I want, and find some pocket money. If you say so, I have to continue working like a cow." Horses are fine." Chen Fan shook his head and sighed.

In the evening, Chen Fan and Zheng Xiaopang got into the study to study stocks, gold and crude oil, which were being operated. After studying for a long time, Chen Fan said: "There is no chance for futures index, and I don't think there is much space. You need to increase your position and sell short." Gold and crude oil, again I think the risk is too high."

"Didn't your speculation say that crude oil might fall below 10 yuan? It's just that gold can't see the end, so let's smash crude oil first, gold and so on." Zheng Xiaopang said on the sidelines.

"If you drop it, you may not see the money, fat brother." Chen Fan shook his head and vetoed.

"Impossible, don't the local tyrants in the Middle East want the price of crude oil to drop? Let's smash it down, and they will definitely follow suit. Are you afraid that we won't be able to hold on to 10 yuan?" Zheng Xiaopang also didn't agree with Chen Fan's words, and felt that his analysis was more reasonable.

"No, what I mean is that you may not be able to increase your position by blowing it down. Do you think that according to what you mean, if I take out 1 million yuan to short, can the deal be sold? We have tens of thousands of empty orders in our hands now. How much is it worth, and the deposit is only tens of millions. It’s not like you don’t know about those empty orders, they were all snatched bit by bit.”

Chen Fan quickly explained: "Now that the crude oil is going to drop, I guess it's really not difficult. Even if the drop goes down, there won't be many positions to increase. It's all helping other big shorts to make money."

It was very late before Chen Fan said: "I'm going to bed, I don't want to. Let's pay more attention after the market opens next week. We'll talk about it when we find an opportunity."

Chen Fan was actually very helpless, his own eyes could not see the bottom of these trading varieties, and it took courage for him to smash the market.

At least now Chen Fan dare not let go of the market, maybe there is still a chance to get enough bargaining chips by smashing gold, but for crude oil, the current market turnover has begun to decrease again, even if it hits below 10 meters, it may not be possible to grab it How many chips, I still bear huge risks, it is really not a worthwhile deal.

In the next few days, Chen Fan was not in a hurry to return to Rongcheng, so he wandered around the capital with Zheng Xiaopang, looked at the nearby places of interest and historical sites, and relaxed his mood. He only turned on the computer to check the market prices after returning home at night.

I also had a few phone calls with Liu Ying who was in Shencheng, but they are currently visiting the seaside or the scenic spots near Shencheng, and they don't plan to go to the imperial capital to meet Chen Fan now.

He stayed in the imperial capital for two weeks, especially the market situation in the second week scared Zheng Xiaopang to death.

After the two people discussed that night, they did not expect that the price of gold fell slightly to 282 yuan at the opening of the second week, and then started a slight rise for nearly a week. The price of gold even approached the mark of 300 yuan on Friday. Zheng Xiaopang's gold short position almost showed a floating loss.

Crude oil prices were also affected by the rebound in gold prices, and rose slightly above 13 yuan.

Zheng Xiaopang couldn't sit still anymore, so he talked to Chen Fan once, and found that Chen Fan seemed to be even more excited and shouted to go back to the company, so he talked to his cousin, and he was even shorting gold and crude oil. Miao intends to return to the company to sit in charge to avoid mistakes.

Ever since his little cousin started to make a fortune in the stock market, Zhang Jianjun, who didn't pay much attention to the financial market in the past, also began to care about the financial market.

Zhang Jianjun had also heard the ups and downs of the market last week, but he didn't take it too seriously. Now he heard Zheng Xiaopang say that their current position is a bit dangerous, and he began to pay attention to it, so he asked: "Do you need brother's help?" ? Funds or other things, if you can help me, just say it."

Zheng Xiaopang shook his head and said: "There is no need for that at the moment, we will go back first, about the investment, we can call later, I have arranged for people in the company to start designing private equity products, and I will notify you when the rules are completed .”

Zhang Jianjun nodded, "You guys are in too much of a hurry. Didn't you say you're going to stay for a month or two? I'll take you off when the plane arrives. Originally, Second Brother Wang and the others said they would take you to the royal hunting ground for hunting, but you didn't go." Yes, but the timing is not very good now, we need to wait for another month or so.”

(End of this chapter)