legendary trader

Chapter 195 Chapter 194
Since receiving the call from Chen Fan from the imperial capital, Ma Yunbo knew that the water in Bodao shares must be very deep, it was too obvious, and he needed chips. From this call, Ma Yunbo thought of a lot, although Chen Fan didn't elaborate. , but he wouldn't believe it if he said that Bodao shares didn't make any big moves.

However, due to professional habits, Ma Yunbo and Zhang Yang still held steady and did not scramble for chips. They were worried that others would join the scrambling army if they were in a hurry. At that time, the stock price could not be suppressed even if they wanted to.

After listening to Ma Yunbo's information about the institutions that wanted to buy stocks, Chen Fan just smiled lightly and didn't take it seriously.

Now Mr. Liu has brought people from the marketing department to the imperial capital to discuss the details of private equity products with the agents of those young masters and ladies. There is no way, there are still too few capable and experienced people in Chaofan Investment. Mr. Liu is the first to follow Chen Fan Their people, so far Chen Fan still trusts him very much.

At lunch time, Zheng Xiaopang hurried back to the company, walked into the gold trading room and yelled.

"Where did it fall? Let me see quickly."

Before the computer started up in time, Zheng Xiaopang squeezed Chen Fan away.

"I said you don't squeeze Ma Yunbo, it's easy to bully acquaintances, right?"

Chen Fan didn't take it seriously when he was squeezed away, he just made a joke.

Zheng Xiaopang didn't reply to Chen Fan's words. After seeing the computer screen clearly, he said with a light "huh": "Our position is so short? You really fell below 270 and started to close the position. It's a loss, it's a loss, how about closing the position now .”

"Time Zhuge Liang."

Chen Fan replied angrily.

As Chen Fan said, he turned on the computer next to him, and sat there watching Zheng Xiaopang fiddle with it for a while, "Can you get your position back?"

"I'm stupid, sell low and buy high." Zheng Xiaopang sat there and looked at the market carefully for a while before saying, "It looks like it will break 260 soon, and you want to continue to take advantage of the trend to reduce positions?"

"I'll talk about that later, did Lao Liu contact you? How was the discussion over there?" Chen Fan asked.

Zheng Xiaopang shook his head and said, "What can happen? The big picture is the one we proposed. Now let's talk about the details. It should be ready soon."

After speaking, Lala Chen Fan motioned to talk to the side.

Chen Fan was a little puzzled seeing Zheng Xiaopang's mysterious appearance, so he got up and followed Zheng Xiaopang out of the trading room.

After walking into Chen Fan's office, Zheng Xiaopang whispered to Chen Fan: "The matter of the oil field is settled, but the risk is a bit high."

Chen Fan didn't speak immediately, but sat down on his chair, and asked after Zheng Xiaopang also sat down, "What's going on?"

"Su Dan, oil fields were discovered there a long time ago, but there was a civil war there, so no one went to develop them."

Hearing Chen Fan's question, Zheng Xiaopang explained the situation like a cannonball, and said with a wry smile: "The beatings over there were severe, but the interesting thing is that my brother and the people on both sides can talk to each other."

Chen Fan was stunned by Zheng Xiaopang, and asked a little uncertainly: "The oil field will not be on the battlefield, so it's okay."

"No, no, no, the oil field is in the south, but the estuary is in the north. If you want to export it, you have to pass through the control area in the north. Therefore, the relationship between the two sides must be in place, otherwise it will be impossible to get things done." Zheng Xiaopang hurriedly explained .

"Where is Su Dan in Africa? Is this country big?" Chen Fan asked after thinking about it.

Zheng Xiaopang scratched his head and said, "Africa, I don't know where Africa is. Anyway, there is oil there. The war was also related to that oil field. It was the north and south competing for this piece of fat."

Chen Fan lowered his head and thought about it, then asked: "What did your brother say, please tell me slowly."

Saying that, Chen Fan got up and went to make tea for Zheng Xiaopang and himself.

Zheng Xiaopang also recalled a little before saying: "We in China also planned to participate in the bidding for the project over there, but it didn't go through after the fight. My brother found the information of the year and said that if we invest in the oil field now, we need at least 100 yuan. One hundred million Chinese dollars, about 120 billion, and the other trouble is the need to repair oil pipelines and ports, it is estimated that it will cost more than three to four billion yuan, and the total investment is about 40 billion."

"Can your brother take care of those two factions? Don't repair here and explode there, it's a waste of work." Chen Fan expressed his worries a little hesitantly.

"It's hard to say now, but he said that if he really plans to do it, he can go and ask someone." Speaking of this, Zheng Xiaopang said with some doubts: "The troublesome part of this matter is not only the two sides in the war, but also the money."

"Are things that can be settled by money still things?" Chen Fan asked puzzled.

Zheng Xiaopang gave Chen Fan a blank look before saying, "Basically no bank is willing to lend money for investment in that place, that is to say, if we start that project, we can only invest all of it ourselves. Loans, so the matter we discussed in the imperial capital last time could not be done."

It was only then that Chen Fan realized that when he was in the capital last time, he discussed with Zhang Jianjun and Zheng Xiaopang about building an oil field. At that time, he considered setting aside part of the funds to start the project, and the follow-up funds would be financed by bank loans.

"What did your brother plan?" Chen Fan asked with a frown.

Zheng Xiaopang sighed and said: "We don't have enough money, so we can only collect funds and see how much money we can pay to participate in the shares. What my brother means is to find someone to raise the funds first. If the funds are roughly enough, he will Just go over and have a try. If you can negotiate with that side, you can start preparing to form a company for investment, and if you can’t get it right, just forget it.”

"Africa is so big, so there are no other oil fields?" Chen Fan asked after thinking for a while. He still felt that oil production in war-torn areas was a bit unreliable and dangerous.

In such a dangerous area, even if mercenaries are found willing to take over the defense mission, can those mercenaries still fight those warlords?
They have aircraft and cannons. Even if the mercenaries have some heavy weapons, they probably won't be enough to give them a drink.

People only need to blow up the plane, charge with artillery and tanks, and the mercenaries will probably kneel down, and the oil field will be finished, and the investment will be in vain.

"There are quite a few oil fields found in Africa, but they are all owned by the owner, and we have nothing to do with them. Even if there are leftovers, [-]% of them are worthless oil fields, and the investment is definitely not profitable." Zheng Xiaopang He shook his head and said, "My brother asked someone to evaluate it. Except for the Sudan oil field, we can try to get involved. There is no oil field worth investing in."

"It means that your brother is waiting for us to give him a quotation, so that he can start looking for someone to solicit investment to see if he can raise enough money?" Chen Fan rubbed his face and asked, "Fuck it, 150 billion."

"Yeah, how many members do you think we should apply for now?" Zheng Xiaopang nodded in response to Chen Fan.

"What do you think? Do you invest money with Chaofan Investment or our personal name?" Chen Fan asked after thinking about it.

Zheng Xiaopang thought about it before saying: "Personally, I think Erzhang's members are too small, even if they are pulled in, they don't have much money."

Hearing that Zheng Xiaopang planned to invest in the oil field without Zhang Yang and Zhang Ping, Chen Fan felt that Zheng Xiaopang's idea was also good. Indeed, with the size of Zhang Ping and Zhang Yang, there is no way to support the oil field investment project, and the investment risk this time is not Generally big, there is no need to pull the two of them to participate.And I really should consider setting up a stall outside of Chaofan Investment, so I said: "Then how much do you think we should invest?"

Zheng Xiaopang stretched out two fingers and said, "Twenty percent, each of us has half. I told my brother at that time, and he has no objection."

"More than 30 billion." Chen Fan muttered in a low voice, and after doing quick calculations in his mind, he said, "Then how do you make up your funds? You know from my side that you can only get it from the company. It takes at least 20 billion to get my share."

Zheng Xiaopang chuckled lightly: "I discussed it with my mother, and she said it's no problem, the family can invest one billion yuan in this, so there's no problem on my side."

"Well, let's do it this way. When your brother is sure that he can do it and start operating the investment company, we'll just share the dividends and transfer the money out." Chen Fan thought about it and felt that there was nothing wrong with it. Even if he couldn't handle the warring parties, there would be no loss. , at most it doesn’t vote.

Now it's just a matter of clarifying an investment intention, so I simply make a decision and invest money.

So Zheng Xiaopang called Zhang Jianjun in front of Chen Fan, and confirmed that they wanted [-]% of the share. Chen Fan also answered the phone and chatted with Zhang Jianjun for a few words before hanging up.

"Make money, make money, make money." Putting down the phone, Zheng Xiaopang suddenly stood up and shouted.

Chen Fan chuckled and echoed, "Make money, make money, go, let's see if gold falls."

Now that he has already agreed to invest money, Chen Fan doesn't think about other things for the time being, he should take his attention back and focus on gold first, hoping to earn a lot of money to make up for what he needs for this investment. Huge funding hole.

The two returned to the gold trading room to see that the gold price in the market was still consolidating above 260 yuan.

After the two sat down, Chen Fan switched the K-line chart at will. When he adjusted to the hourly line chart, he noticed that the descending channel was also extending with the passage of time, and the lower track had already approached the current gold price again. Running creates back pressure.

Chen Fan simply calculated by drawing a line. If the price of gold does not fall and remains at the current price, it will converge tonight and tomorrow morning at the latest. Either the price of gold will return to the downward channel, or it will fall sharply below 260 meters again.

Thinking of tomorrow's gold auction on Europa, Chen Fan probably already had a premonition that the price of gold would drop sharply tomorrow, and then it might bottom out soon, and be pulled directly above 320 yuan, otherwise his ability would Something went wrong.

The only thing I need to do here is to close the position without hesitation during the diving stage, and to establish a long position as much as possible. Thinking of this, Chen Fan is unconsciously a little nervous, for fear of accidents here.

What Chen Fan is most afraid of now is that the market does not operate according to his guess. If it does not fall below 260 yuan, what should we do if the current price bottoms out?
At that time, if I still have more than 5 empty orders on my side, I will lose a large amount of speculative profits. For Chen Fan who is currently extremely short of money, such a loss is unacceptable.

To be safe is to continue to reduce positions around the current price and reduce the current short position as much as possible. In this way, the pressure to close positions will be much less during the process of finding the bottom, but the corresponding speculative profits will also be reduced.

Chen Fan was confused again.

After calculating the benefits and risks in his mind, Chen Fan discussed with Zheng Xiaopang in a low voice. Zheng Xiaopang seemed a little reluctant, but he was persuaded in the end.

Chen Fan issued the latest instructions to the traders, and began to continue to close the short positions of gold, closing 260 lots above 1 yuan.

After receiving the order, traders started to get busy. Whenever the price of gold fell by 260.5 yuan, Chaofan Investment would continuously enter the market to close positions and pull the price of gold up again.

Thanks to this meeting, a lot of funds are still on the sidelines, and they are waiting for tomorrow's gold auction to determine the direction of the market. At this moment, there are not many short funds entering the market to smash the market, and the gold price is protected at 260 above the dollar.

And through observation during this period, Chen Fan also noticed that although the 260-meter long orders seemed chaotic and disorderly, the longs who entered the market were very determined, and there was no short-seller running away after hitting the market in a row. In the case of being defeated, they are always groping into the market to do long.

Chen Fan whispered what he had observed with Zheng Xiaopang for a while, and after a while, Zhang Yang also came over from the big trading room, and the three got together again, pointing at the board and discussing in low voices.

After observing for a period of time, Zheng Xiaopang and Zhang Yang also gradually felt that there was something wrong with the bulls in the market. The current bulls were completely different from the previous situation where the sky heads collapsed instantly after a little effort.

The bulls entered the market in a very methodical and confident manner, and this also confirmed Chen Fan's guess that the price of gold may rebound sharply later.

Under the contrast of one or twenty points of downside and dozens of points upside, Zheng Xiaopang and Zhang Yang decisively chose to bet on the upside.

So Zheng Xiaopang issued the latest order to the traders, "Continue to close the position, keep only 2 short positions, and close all other positions."

The reason why they didn't close all positions was because Zheng Xiaopang planned to take another gamble to see if the market would fall below 260 yuan.

Even Chen Fan, who has always been cautious, feels that the market will have a round of diving, and it will quickly fall below 260 yuan. At that time, he only needs to close the empty orders in his hand during the decline and go long with a backhand.

During the decline, the trading volume is only so much, and they are all buying, buying and buying. This is just a loss of part of the profit of short orders, but the closing order becomes the opening of long orders, and the huge room for subsequent rises is enough to make up for this loss.

The biggest risk will be shifted to their judgment. If the judgment is wrong, it will be hopeless.

It can be seen that although Zheng Xiaopang agrees with Chen Fan's analysis, he is still a little trembling and not very down-to-earth.

However, the basis of Chen Fan's judgment can't tell them. He can only find a lot of reasons. Zheng Xiaopang and Zhang Yang were persuaded without spending much time.

That night, the three of them took turns to watch the market, for fear that the price of gold would suddenly rise.

Fortunately, the night passed peacefully, and the price of gold was still above 260 yuan. The lower track of the short-term downward channel has already overwhelmed around 260.45 yuan, and the gold price was also fluctuated in the narrow space of 260.1 to 260.3 yuan , 260 yuan seems to be in jeopardy, and it may break through and fall at any time.

But the three of them all knew in their hearts that today may be the key point for the price of gold to change, whether it will continue to fall or change upwards.
(End of this chapter)