legendary trader

Chapter 383 Chapter 384 Revisiting Again
After hearing Chen Fan's words, Zheng Xiaopang said uncertainly: "Then continue to buy? What if the market turns back to confirm the bottom?"

"It's just that the cost is high. Regardless of him, we will continue to increase positions when we step back to the bottom. It's not that we don't have money." Chen Fan would be a little rich, and said to Zheng Xiaopang nonchalantly.

Now that the tone for the future has been set, it is easy to arrange the work this week, and it is enough to cover up the position as much as possible. Although the price difference is very bad this time, there are still profits to be obtained when entering the market now, but it is better than expected Just a little less.

After the rice stock market opened for trading, the Nasdaq tentatively attacked 2300 points twice, but in the end it only left two small hills on the trend chart and then launched a shock correction.

It’s not just that the funds that rebounded from Bo started to retreat after seeing that the index had risen to the integer mark of 2300 points. The important thing is that the market fell too fast a few days ago. chances are out.

Now that the market has entered a rebound, they have started to lighten their positions one after another. These selling orders appeared in a large number of concentrated selling around 2300 points.

Because the trapped funds began to come out, although the long funds organized counterattacks many times during the day, they were unable to resist the huge number of selling orders, and the Nasdaq began to fluctuate and bottom out.

This trend lasted for nearly two hours before the Nasdaq stabilized around 2, and the selling orders entering the market began to decrease significantly.

But at this time, knowing that there is a strong unwinding around 2300 points, the funds in the market do not intend to enter the market immediately to push up the stock price. Instead, they choose to continuously attack and test the pressure from above, and try to attract selling orders to hit 2300 for the subsequent market. Points consume the seller's power.

The Nasdaq began to fluctuate violently around 2280 points. The intraday index made moves to hit 2300 points from time to time, and market trading became active. Seeing that the market could not break through the pressure level of 2300 points, many funds gradually began to lower their psychological prices. Selling orders kept increasing.

As the time passed past 12 o'clock, Chen Fan felt a little sleepy again. During this period of time, he usually went back to his room to sleep around 11 o'clock, and he hadn't stayed up so late for a while.

However, regarding the uncertainty of today's intraday trend, Chen Fan still kept on watching.

As the time came to 2 o'clock in the morning, and there were still 2 hours before the closing of rice stocks, the Nasdaq finally began to strengthen, leading the other two major indexes and began to attack upwards again. During the period, the selling orders of short positions were continuously consumed, and they were repeatedly grinded upwards, approaching 2300 points little by little.

At 3 o'clock, the Nasdaq finally stood at 2300 points. Although the market did not shrink, the gradual upward trend brought a lot of off-market funds to join the bull camp. Maybe it was new funds. In short, the market was approaching 2300 points Not only did the post-purchase market not shrink because the index was at a high level, but it showed signs of enlargement.

The Nasdaq consolidated around 2300 for half an hour. With the exhaustion of selling orders, buying orders continued to enter the market. The bullish sentiment in the market clearly had the upper hand. After the market’s upward trend gradually formed, the Nasdaq once again burst out with huge buying orders. The market turnover increased rapidly, and in the last half hour, the Nasdaq market showed a trend of heavy volume and upward rush.

Driven by the huge buying orders, the selling orders listed above were swept away by the long funds, the index quickly hit upwards, and the upward trend continued until the close. Finally, the Nasdaq closed at 2 points, the highest point of the day was At 342.01 points, the Nasdaq closed with a bald Yang line.

After the market closed, Zheng Xiaopang said leisurely to Chen Fan: "It seems that the market is really about to end its adjustment, so we have to see if there is a chance to make a double bottom. Very few."

"Let's see, it doesn't matter if the income is small. At least it proves that the main players in the market are deeply involved. Because their positions are heavier, they dare not frantically suppress and wash the market. I think this is a good phenomenon." Chen Fan said with a wry smile. Cheer yourself up.

The rice stock market has closed on Monday, while the index futures market is relatively weaker. Although the Nasdaq followed the rise in the intraday session, it did not continue to rise after the stock market closed as it did some time ago, but fell into shock around 2370 points. The volume is also significantly enlarged today.

In fact, the heavy volume of the futures index did not just appear today. After the market fell below 2300 points last week, the futures index market has begun to increase significantly. The long and short sides are strangling together in the market. Even the futures index price was lower than the stock index point many times during the session.

However, as the underlying stock market began to rebound, the short funds in the index futures market were also forced to retreat. However, after the underlying stock market was suspended, they would often enter the market again to suppress it in order to maintain the short sentiment in the market.

Although the Nasdaq futures failed to continue to rise in the second half of today, they successfully resisted the pressure of short sellers. At least judging from the current trend of the stock market, the market shows signs of ending the adjustment, and the short sellers in the futures index market have also begun to show signs of Converged.

The rice stock market on Tuesday continued to be led by the Nasdaq market, and the three major stock markets in the United States continued to show a rebound trend.

The Nasdaq index opened at 2 points and opened 360.68 points higher again. Then the index began to fluctuate back and forth in the space of nearly 12 points from 2350 points to 2380 points. The intraday trading volume continued to increase. At the close, the Nasdaq closed at At 30, it was up 2 points, or 376.35%.

So far, the Nasdaq has rebounded for four consecutive days after bottoming out at 2 points, with a cumulative increase of 242.27 points in four days. It can be said that the increase is amazing, and once again stabilized the bull sentiment in the market.

The market's recovery momentum is good. When communicating with Chen Fan on Wednesday afternoon, Zheng Xiaopang seemed listless. The Nasdaq has approached 2400 points, and the strong momentum is still unstoppable.

Just when the bulls in the market were rejoicing, Wednesday's stock market gave the bulls a blow. The Nasdaq index opened 13 points higher and opened at 2 points. Although the opening showed a strong impact, the intraday Indeed, it once broke through the 389.75-point integer mark and reached 2400 points, but then the market buying began to weaken gradually, and the Nasdaq could not continue to stay above 2 points, and the index started to pull back again. After this callback, the Nasdaq failed to regain Organize a new offensive.

The Nasdaq failed to hold the 2400 point, which may have caused a certain impact on the confidence of the market bulls. The Nasdaq fell all the way in the subsequent trading, and finally closed at 2 points, a drop of 339.38%.

After the market opened on Thursday, the Nasdaq continued to fall, and the trend of correction continued to the market on Friday. The Nasdaq once fell to 2 points in the intraday session. Finally, the market organized a small rebound 277.18 minutes before the market closed. Finally, it closed at 10 points. 2 points ended a week of trading, leaving a small negative line with a long upper shadow on the weekly chart of the Nasdaq Composite Index. It can be said that the technical graph of continuous rebound repair was completely destroyed in the three consecutive declines in the last three days of this week. The K-line The chart gives a very bad feeling to the outside world, and it seems to have revealed that the bulls in the market have exhausted their strength and the rebound has ended.

However, Chen Fan and Zheng Xiaopang were not very happy at this time, because when the market rebounded all the way to 2400 points, they did not organize their traders to cover their positions. A lot of bargaining chips have been raised, and the cost has been raised a lot.

And when the Nasdaq fell below 2300 points on Friday, Zheng Xiaopang was no longer regretting that the cost of covering positions was too high. He began to worry again that the market adjustment was not over. imagine.

In the early hours of Saturday morning, because Chen Fan and Zheng Xiaopang were both in a bad mood at the moment, they didn't leave, but began to analyze their current positions.

At the beginning, they decisively sold 3% of the stocks and most of the March futures long orders at a high level. In the recent period, they have gradually covered most of the positions, and the stock coverage has reached [-]%. It has exceeded [-]% of the original level of chips, and there is less than [-]% room to continue to increase positions.

The index futures market is a little bit better. Although it has re-established more than 20 long orders in the continuous rebound, because the prepared funds are sufficient, Chen Fan is not worried about liquidation at all. If the main market forces dare to blow himself up Cang, obviously he was definitely not the one who lost the most.

However, because this time the replenishment was not ideal, in fact, when the market rose sharply on Monday, Chen Fan wanted to suspend the increase, because he had realized that the market rebound could not be achieved overnight, at least there should be a reverberation, but he also Worried that the main force of the market will end the adjustment and resume the upward trend, so there is no order to suspend the increase in positions.

But I didn't expect that all the positions would be replenished to a high level in the next few days, and during this period of time, as traders returned one after another, the trading volume was particularly large in these two days, which suddenly pushed up the cost of this replenishment.

At the beginning, Chen Fan was still secretly happy, but when the market reversed, he began to feel bitter. After analyzing the position, there was nothing he could do. This is already the case. We can only see the depth of the market adjustment, as long as the market can stabilize at the previous low point. , then even if he lost a little, at least there will be no serious consequences. Now Chen Fan is hesitating whether he should continue to increase his position.

Although he is sure that the market will return to the previous high in the second half of March, but until now, he is more concerned about position control.

The current Chen Fan is different from when he just left school the year before last. At that time, it was only tens of thousands of dollars, so it didn't matter if he bought whatever he wanted.

But now unknowingly, the amount of funds has reached a terrifying level, and the loss of 1 point here is also very huge.

Whether to continue to increase positions or to suspend for a while, and then enter the market to cover positions after the market bottoms out, this is the problem facing Chen Fan now.

"Go to sleep, don't watch it, it's annoying." Chen Fan got up and walked out.

Zheng Xiaopang also got up and left the trading room. He was also a little nervous at the moment. He didn't know what to do. He didn't have Chen Fan's eyes. He knew that the market would rebound in the middle of the month. What he was worried about now was that the market would continue to fall.

Seeing Chen Fan walking towards his lounge, Zheng Xiaopang asked curiously from behind: "Aren't you going home directly? You said to borrow the plane, and you've been wasting your time here this week, and you haven't used it yet."

"Damn it, I'm not in the mood." Chen Fan continued walking without looking back, "That was the idea at the time, but now it's completely unnecessary, borrowing money, labor and capital directly buy one, right? "

After saying a few words, Chen Fan felt better and slowed down, waiting for Zheng Xiaopang to catch up.

"No, didn't they say to borrow the plane back then, so they didn't say they would buy it." Zheng Xiaopang said.

"Buy it, it's not short of the money." Chen Fan said listlessly, "I'll go back after lunch."

Looking at Chen Fan's state, Zheng Xiaopang didn't want to mention the stock market anymore, and he got upset when he talked about it.

On Saturday night, in a wing room of a certain courtyard in the imperial capital, Chen Fan leaned against the bed and smoked a cigarette afterward, blowing out a smoke ring from time to time.

"Smoking less, it's not good for your health." Liu Ying came out of the bathroom in her pajamas, fanned her nose with her hand, and opened the window to diffuse the smell of smoke in the room.

"Let's buy a building in the imperial capital." Chen Fan said suddenly without beginning or end.

"Buy a property? Move the company here?" Liu Ying walked to the bed, snatched the cigarette from Chen Fan's hand and put it out in the ashtray, then went to bed and leaned against Chen Fan.

"There is no need to relocate the company. Buying a building here to build a branch is just like the one in Shencheng. Now that the network is developing rapidly, a company divides its departments into three places. Although it is troublesome, it should not have much impact. , you can stay here and don’t have to go back to Rongcheng.” Chen Fan smiled while hugging Liu Ying.

"The things on my side may not be able to be completed this year, and the market on the rice stock market may not be able to continue until next year."

"I watched on TV and said that rice stocks are not doing very well this week. It seems that they have been falling for several days in a row." Liu Ying suddenly turned her head and said to Chen Fan, "Is there something wrong with the transaction?"

"No, it's just a little bit of replenishment." Chen Fan was a little annoyed when he thought of this, but now Liu Ying was lying in his arms, it was impossible, "Didn't we reduce the position once in the early stage? When the market fell to around 2200 points, I arranged for them to start covering their positions. Unexpectedly, the rebound was too fast, and they rushed directly to 2400 points. The traders below probably panicked and rushed to buy back at high positions. The cost was a bit high .”

"You didn't notice this problem either?" Liu Ying continued to ask.

"I feel a little bit, but I didn't pay attention to it. Forget it, let's not talk about it. The following is just to execute my order. If there is a mistake, it is my problem." Chen Fan said with a little regret, "If I had snacks at that time, there would be no such thing. Out."

"Will the market continue to rise in the future? I mean a new high." Liu Ying saw that Chen Fan seemed to be in a bad mood, so talking to him more might relieve the pressure, or at least release it.

"Of course, otherwise I would be restless right now, and I could still lie on the bed with you." Chen Fan probed close to Liu Ying's beautiful hair, smelling the faint fragrance, and gradually calmed down. Fuck off and go on enjoying this wonderful evening.

(End of this chapter)