legendary trader

Chapter 547

Although Chen Fan has already begun to pay attention to the US crude oil futures, he still has no plans to do so at this stage.

Now he is looking at the rice crude oil chain, which is the trend of crude oil contracts entering the delivery (expiration) month. The combination shows that the positions and trading volume of crude oil contracts near the delivery month are often the largest among all crude oil contracts, so they are also the main force. contract.

If you really want to participate in the trading of crude oil futures, then you must first determine when the market will start. After all, Chen Fan can't see the changes in the future for a long time, and his ability can only be in about a month. Only then will it be effective, but now he cannot see the brightness, which means that for at least one month, the price of crude oil is unlikely to rise.

The June contract is close to delivery for a few days, and the subsequent September contract is actually the main contract of Mi Crude Oil. Although the trading volume of other subsequent contracts is gradually increasing, they are still relatively small compared to the September contract.

I can only wait and see when the price of crude oil will start to rise. At that time, I can arrange it in advance. As a commodity with a huge trading volume, one month is enough time for crude oil Those who enter the market and build positions.

Chen Fan didn't intend to gamble on the crude oil contract at the end of the year, because he was not sure that the price of crude oil would start to rise at the end of the year or next year. After all, this involved the private negotiation results of those local tyrants. Chen Fan believed that those investors who knew the news The reason why I didn't participate in the market at this moment is probably because of too much uncertainty.

This uncertainty does not refer to the limited production and price protection, but the time when they negotiate the terms and complete the distribution of benefits.

Time passed inadvertently, and soon the rice stocks opened.

This week's Qualcomm stock price trend has been determined to be an adjustment time, and it is necessary to clean up the follow-up market, so Chen Fan didn't pay much attention to their operations.

In Chen Fan's opinion, Oracle Software, which has recently increased its position, also needs a short cleaning process after last week's skyrocketing, and needs to clean up the profit orders entering the market below, so there is not much chance of strengthening in the short term.

Now the stocks that Chen Fan focuses on are unlikely to have a strong market this week. At this time, he can only carry out his daily work again, screen the stocks in the stock pool, and re-adjust the investment proportion of the stocks. , Some stocks will carry out some position reduction operations, and some stocks with rising potential will start to increase their positions.

This month, because of having fun outside, this work has not been carried out very much. Although Chen Fan also tracked some stocks with relatively large positions, the work of adjusting positions in that month was actually very small.

When Chen Fan finished adjusting the new investment portfolio, it was already close to 11:2, and it took 2 hours to complete the adjustment plan. He casually sent the new portfolio to Zheng Xiaopang, "Xiaopang, new investment Combination, take a look, if there is no problem, send it to the following two team leaders and let them implement it."

After Chen Fan finished speaking, he leaned back on the chair tiredly, closed his eyes and rested his mind, his hands kept gently touching the swollen temples.

"Whatever I see, just do what you think." Zheng Xiaopang replied casually.

Seeing Chen Fan's exhausted look, Zheng Xiaopang suddenly laughed, "I've been playing for a long time, now I've got more things to do, I'm not used to it?"

"A little bit." Although Chen Fan didn't open his eyes, he still replied, "But the warehouse adjustment is done today, so you don't need to do it in the next few days, just take a look at it in a week, the left and right are just fine-tuning, the big adjustment is one Once a month."

After looking at it, Zheng Xiaopang sent the new position plan to the following two trading team leaders, but he still said to Chen Fan: "The futures side really plans to temporarily reduce trading?"

"Yeah, it's enough to control it within 10 lots. Although it is bullish, you can also see the current position. The futures index trading is very small and not active at all. Obviously there is no big money entering the market. We There’s really not much room for maneuver.”

Chen Fan sighed and said that at the beginning, he still wanted to use the futures index as the main battlefield, but after half a year, the price of rice stocks fluctuated and went up all the way. A lot of time and fluctuation space are spent on those points.

Unless it is a small amount of money, you can quickly enter and exit in the market fluctuations, and catch every adjustment and reversal of the market, and the profits will be very rich. Unfortunately, Chen Fan does not have such conditions. His huge position determines that after the completion of the position, he will If you keep your positions, you can only give up the opportunities that arise from market fluctuations.

"It's hard to do anything now, my oracle bone inscriptions are still falling today." Zheng Xiaopang also sighed and said, "I'm really hit by your crow's mouth. That banker should be cleaning up and bought it early last week. If you don’t do anything, you’ll get more than [-]% of your income now.”

Chen Fan opened his eyes and looked at Zheng Xiaopang, "Today Oracle's price is indeed weak, but it's reasonable, 8.84 yuan, the highest price last Friday was 8.98, it is estimated that it will become popular soon."

"Fart, it's already popular, now it's 8 yuan and 7 cents." Zheng Xiaopang muttered.

"Qualcomm has fallen below 16 yuan, that's the big drop." Chen Fan looked at Zheng Xiaopang and smiled, "We won't know what's going on until the market closes. If we go back, we won't have a chance this week."

"The market is doing well, and it has risen to below 2600 points. It is estimated that it will go up today." Zheng Xiaopang said, looking at the computer screen.

"How is the futures team's job of swapping positions?" Chen Fan asked suddenly.

"More than 4 lots have been completed, and the June contract has been closing positions, but I think your 6-lot cap is still a bit short. We opened more than 10 lots in the March contract."

Zheng Xiaopang is still a little unwilling to give up, "You have said it all, now the Nasdaq may start to rise, and it is time to increase your position and go long. I don't understand why you want to limit your position again and let it go to make money. Is it okay?"

"The funds are a bit tight now. You are in charge of the overall planning and scheduling of funds. Don't say you don't know about it." Chen Fan looked at Zheng Xiaopang before saying, "The cash left is less than one billion. Reduce investment over there, increase some reserve funds, and be safe."

"We can still raise funds. If the funds are really tight, we can quickly raise funds through a few channel providers. If the time requirement is not high, we can ask the bank to provide financial support. I don't think the funds are tight." Zheng Xiaopang shook his head and objected.

"I see that you have also set the Mi Crude Oil Company into the optional combination, do you want to bet a bit?" Zheng Xiaopang is not a fool, the two of them sit together, and he can see the trading varieties that Chen Fan is concerned about at a glance , so after seeing that Chen Fan locked in the price of Mi Crude Oil, I guessed a bit. At this time, I just asked.

(End of this chapter)