legendary trader

Chapter 759 Chapter 760
"How many orders are you going to take?"

Chen Fan understood what Zheng Xiaopang meant, and he wanted to measure the amount of the order here, and give the dealer a false impression that he had funds to enter the market, so he asked such a question.

"50 shares, no, forget it, 30 shares."

Hearing what Chen Fan said, Zheng Xiaopang felt that he had a chance and said hastily.

Hearing Zheng Xiaopang's report on the number of stocks he wanted to reverse, Chen Fan was startled at the moment. Is hundreds of thousands of stocks risky?
Not big.

But if you reverse hundreds of thousands of shares here, what will happen after the dealer pushes the stock price to 40 yuan?
You don’t move here, or you continue to fall, and then stop after the stock price reaches 41 yuan or continue to fall, or start shipping after 41 yuan according to the previous idea.
Chen Fan suddenly felt that doing this seemed a bit dangerous, and it was easy to be exposed.

The dealer is already testing the market today, so it should be a little suspicious.

Oracle's banker should know that there are institutional funds in the market, but he is not very sure about the amount of funds. If he sells at 41 yuan in a row, he must modify his trading plan.

Judging from today's trial action, the dealer has not yet determined whether it was market behavior or institutional behavior that smashed the market yesterday, so there is such a play today.

Thinking of this, Chen Fan shook his head, whispered what he thought of just now to Zheng Xiaopang, and said the last sentence, "Let's forget it, get away in peace, fool the dealer and it's over, we don't need to make lies. "

The small flame that Zheng Xiaopang just produced was extinguished by Chen Fan, but I feel that what Chen Fan said is reasonable, it is really not suitable to make a move now, even if the number of transactions is small, there is indeed a possibility of being discovered. Together with others, you can't hit the muzzle of the gun.

After comforting Zheng Xiaopang, Chen Fan was not idle. With a cigarette in his mouth, he was calculating the possible follow-up actions of the dealer, to see if his thoughts would collide with the dealer's.

According to Chen Fan's thinking, to open higher is to see if there are any selling orders to catch up. If there are, then it is certain that some institutions will leave the market here. Just let it out, whoever wants to spend a high price to make a wedding dress for the other party, no matter what you do, you have to get a 9% or 95% discount.

However, the stock price fell at the opening market, and there was no large order shipment, so how would the dealer choose?

Seeing that the Nasdaq has fallen by 4900 points, most of the stocks in the market are in the red market at the moment, but the stock price of Oracle Software is still high, it is indeed high, and there is still a 2 percentage point increase, which shows that the dealer seems to still have the intention to Go ahead and see how the market reacts.

Thinking of this, Chen Fan already had his own guess. The dealer should raise the stock price again, and test the sell order here a second time to see if there is any organization to leave the market.

So what should I do?

Continue to choose to snipe above 41 yuan or let him go and let him pull the stock price higher before selling?

Just when Chen Fan was hesitating, he inadvertently saw the falling Nasdaq, and Chen Fan finally made a decision.

"Little Fatty, we still have to sell in a while, but it's not the opposite. I guess the dealer will raise Oracle's stock price in a while, and we will start to release the goods around 41 yuan by then, but this time we can't smash like yesterday. I It is estimated that the dealers will focus on selling orders here this time, so we will quickly ship small orders and pretend to be retail investors fleeing the market.”

Chen Fan whispered to Zheng Xiaopang.

"Then the three of us do it?" Zheng Xiaopang listened to Chen Fan's words, although he didn't quite understand, he still nodded, "Then let me talk to Xiaoye, so as not to make mistakes."

"Tell Xiaoye that we will take two laptops and turn them on over there, and we will use the trading software to start shipping in a while."

Chen Fan shook his head and said, the thing he brought here has been idle for more than a year, and he feels that he can take it out and try it out.

"it is good."

Hearing Chen Fan say to use that thing, Zheng Xiaopang felt relieved for a while, that thing is really good to use.

Without waiting any longer, Zheng Xiaopang directly explained the operation of the Oracle software to Xiaoye. In fact, I said it before, but I just reiterated it here. After all, I just broke it once yesterday. I was afraid that it would cause Xiaoye’s misunderstanding. Violent shipments.

Then the two of them each took a computer and turned it on on the empty seat next to it, connected the power supply and network cable and started to log in to the account, adjusted the data, and set up to issue orders quickly, but each order did not exceed 2 shares. It hasn't risen yet, but we must first make preparations.

Regarding the actions of Chen Fan and Zheng Xiaopang, He Li and other traders on the side were curious but not curious to come over to see what happened. After all, they have things to do in their hands. Now everyone is trading, only Xiaoye is free. , but he wouldn't come here to find trouble at this time.

However, the preparatory work has been done, but the stock price of Oracle Software has not improved for a long time, and it is still consolidating below 40 yuan, just hanging on.

At this time, the Nasdaq fell to around 4850 points after the opening of the market, and the intraday drop has exceeded 150 points. It can be said that the funds that entered the market in early trading and rebounded have suffered heavy losses. However, after such a large drop, the market’s downward trend has also begun to slow down. There are faint signs of stabilization, at least the index rebounded quickly after falling below 4850 points, and did not continue to decline as before.

The index finally went sideways, and the market pressure also decreased. The previous market growth list was sluggish, but shortly after the market stabilized, the recent hot stocks began to become active again under the care of funds, and the stock price began to jump up and down, so it was lively.

The Nasdaq got rid of the shackles of the downward channel and began to trade sideways, but Qualcomm’s stock price remained in the downward channel, and the stock price was close to 64 yuan at this time. It continued to fall under the pressure of continuous small selling orders, and was not affected by the market stabilization. At this time, the funds entering the market have not changed much, and the purchase order is basically maintained at the previous level, without any increase or decrease.

Chen Fan wanted to stabilize Qualcomm's stock price to see if it could attract buy orders to enter the market. There are too few people entering the market to buy stocks, so Chen Fan feels very unwilling to fall like this, but just thinking about it, As long as Qualcomm's stock price falls to a certain level and starts to trade sideways, the popularity accumulated before will explode. Although the stock price may be relatively low at that time, it will attract more funds to enter the market, and may be able to sell more stocks.

"The funds behind these stocks are really bold enough to dare to enter the market and speculate on stocks at this time."

Seeing that the small and medium-cap stocks and new stock sectors in the market are active again, Zheng Xiaopang said a little unwillingly.

"It may not be hype, but it may be due to the temporary recovery of the market, and funds began to withdraw while they were fighting."

Chen Fan thinks that these funds are not so stupid. At this time, the market is obviously not good. Although according to the current analyst's opinion, the short-term market has a chance to reach a new high after a full adjustment, but these funds will not be unaware of the fact that the products they are hyping are actually Even if they were dancing on the tightrope, they would not fail to understand the danger involved. Since they were still jumping out to operate at this time, they might also be thinking about retreating.

"Do you think there will be no chance in the future?"

Zheng Xiaopang asked.

Chen Fan just shook his head and didn't speak, but Zheng Xiaopang still understood the meaning, and he didn't know either.

At this time, the market of Oracle Software began to change a little bit. The selling orders of newly entered orders increased significantly, and the stock price began to decline, and soon fell below 39.8 yuan. Afterwards, the decline of the stock price seemed to show signs of accelerating, because At this time, the number of sell orders entering the market is still increasing.

"Oh, it seems we were wrong."

Seeing this situation, Zheng Xiaopang said helplessly.

They were preparing to sell when Oracle's stock price was rising, but looking at the current trend, it is obvious that this means making up for the decline.

Today's market fell, Oracle's stock price not only did not fall, and the stock price has maintained a 2% increase until now, but the market maker seems to be a little bit overwhelmed.

Chen Fan is also very helpless. Who can do this? It was just a guess. I thought the dealer might have to conduct a trial market. I didn't expect
"It doesn't matter, if it doesn't rise today, it should rise in the next few days. No matter how he changes, our strategy remains the same."

Chen Fan shook his head helplessly after watching Oracle's stock price fall below 39.6 yuan, and said with a smile, at this time, he can only have fun while suffering, and there is nothing else he can do.

Oracle's stock price fell rapidly at the moment. Although the selling orders were not large, the selling orders continued to enter the market. They smashed down the buy orders below. There are not many pending orders on the road, and there is not much waste.

"This is deliberate suppression."

Zheng Xiaopang and Chen Fan noticed the characteristics of this drop very quickly. It was not like a market behavior, but more like man-made manipulation of the stock price drop. But who would do this at this time?

Dealer?

What is the purpose?
Is it true that some of the venues are starting to leave?

Chen Fan is also a little uncertain now, and the banker of his stock price of Oracle may also be annoyed at the moment.

Oracle's stock price fell from 39.9 to 39.5 yuan before it began to show signs of stopping the decline, because a large number of buy orders piled up on the buying price here. Although the selling orders continued to be released, the decline in the stock price was effectively restrained. Start shaking here.

"It's not the agency's suppression. What if the agency doesn't enlarge the list to get rid of the following bills?"

Seeing this situation, Zheng Xiaopang said immediately.

Xiaoye next to him answered, "It looks like the dealer deliberately suppressed it, otherwise these bills won't go unnoticed."

"Maybe it will change in a while."

At this time, Chen Fan was also a little bit guessing, so he went down and killed to see if anyone came out. If there was no follow-up order, it might mean that he was going to start the upsurge again.

Sure enough, it didn't stay near 39.5 yuan for half a minute. After Oracle's stock price was hit by several consecutive air raids of more than 39.5 shares and smashed through [-] yuan, a large number of buy orders ushered in the market, and these buy orders were quickly swept away. There were not many selling orders along the way, which quickly pushed up the stock price.

However, during this rise, Oracle’s stock price did not stay on the previous shocking platform, but directly rushed to 40 yuan. There are still a lot of selling orders on the selling price here, and the continuous buying orders quickly consume these selling orders. In the reduction visible to the naked eye, it seems that the buying order has entered the market faster.

"Maybe someone followed the trend and bought it. How to say Oracle's performance is also good."

Zheng Xiaopang said with a little doubt when he saw that the purchase order was speeding up to sweep the goods.

"Normally, when we pulled up Qualcomm, we also followed suit and entered the market. Those hot money are very courageous."

Chen Fan smiled and continued to pay attention to the price trend of Oracle Software.

It didn't take too long, and the selling orders near 40 yuan were sold out, and then the stock price continued to rise, and the rising speed was very fast. Although there is no shortage of stocks that suddenly exploded in the market at this time, it should be almost 90 degrees The trend of the upward attack at a large elevation angle is still very eye-catching.

"Get ready, the shipment will start after 41 yuan."

Chen Fan said to Zheng Xiaopang and trader Xiaoye, reminding them to prepare for work.

In fact, Chen Fan didn't need to remind them. At this time, both of them knew that the big job was coming. This time, it can be said that the task was much heavier than yesterday, because this time the shipment was going to be hidden and the order was small, which required quick, accurate and ruthless action.

The hardware equipment here should be said to be very good, satellite and optical fiber for communication, and top-level computers, even compared with the trading rooms of famous investment institutions in the United States or European countries, they are not far behind. Although half a blue star is separated, but Everyone here is still very confident in seizing the opportunity.

They are ready here, and the stock price trend of Oracle Software has not disappointed them. Not only did they not be afraid to buy the order after hitting 40 yuan, but they hit a higher price even more violently, and soon pushed the stock price to 40.8 In rice yuan, several consecutive buy orders with price jumps swept away a lot of selling orders of 40.9 yuan.

Chen Fan and Zheng Xiaopang are also ready. Just tap the keyboard lightly, and the trading software can continuously sell Oracle stocks to the market. Xiaoye also prepares two computers to operate, although it can only operate for a while. He does not have the ability to operate trading orders with both hands at the same time, but he has prepared two accounts, which naturally means to take turns to issue orders.

"Go back and ask the development team to add the account function. During the programmatic transaction, the account can be automatically switched. This function should not be troublesome. It is equivalent to running several trading programs at the same time."

When Chen Fan saw Xiaoye's preparations, his heart moved, and he whispered to Zheng Xiaopang.

The reason for telling him is to serve as a memo, lest I forget about it, at least Zheng Xiaopang will remember it.

"Uh, okay, got it." Zheng Xiaopang nodded immediately.

However, it seems that the dealers of Oracle Software were a bit conflicted with them. After the stock price reached around 40.9 yuan, the market began to feel a little weak.

"Hold Cao, no one can grasp the price."

Zheng Xiaopang sighed after seeing the Oracle dealer's precise operation, but then turned his eyes to Chen Fan, waiting for Chen Fan's decision.

Chen Fan thought about it and shook his head at him, which meant that Zheng Xiaopang understood that the machine could not be turned on.

However, Chen Fan also felt that there was no need to care about the few cents, so he raised the corner of his mouth and said to Xiaoye: "Xiaoye, your small order is starting to ship, it doesn't matter how fast it is, just start releasing the goods."

Hearing Chen Fan tell Xiaoye to start throwing orders, Zheng Xiaopang looked over in confusion.

"It doesn't mean anything else, just don't let the dealers down. They are so cautious. Give them a little pressure when they get here. When they pull up again, they will be mentally prepared for the violent sell-off."

Chen Fan explained.

"oh, I see."

Zheng Xiaopang nodded, and understood what Chen Fan meant. No matter what the market was like, they had to start small operations, so as not to increase the sales order too abruptly.

Sure enough, the adjustment of Oracle software was completed very quickly this time, and the stock price quickly fell back to around 40.8 yuan and then started again. It was still mixed with large and small buy orders to push up the stock price.

In such a short period of time, the pending orders on 41 yuan have soared from the previous 30 shares to more than [-] shares. There should be a lot of funds choosing to ship here. Of course, it is not ruled out that there are dealers' chips mixed in, Chen Fan and the others I've done it myself, let alone others.

Seeing that the stock price had rushed to 41 yuan, Xiaoye's hands also accelerated a lot. When there was no more sell order at 41 yuan on the final market, Chen Fan started the automatic trading program, but Zheng Xiaopang's Wait for a while for the notebook, or you can't open them all at once.

In fact, Chen Fan still left room for acceleration in the settings this time. The selling order was set at 10 transactions per minute. If he entered the rapid mode, he could adjust it to 120 transactions per minute.

With the start-up of Chen Fan's machine, the notebook began to continuously send sell orders to the market, and orders for hundreds of shares and more than a thousand shares were continuously sent to the far side of the ocean.

In fact, the practical trading program is shipped faster, but before Chen Fan wanted to save it until the end and grab orders at critical times, the version he is using now is version 4, and the program team has been working on the development in Rongcheng, and there are new ones. The upgraded version will come via e-mail after it is finalized. Of course, the email address provided by the website of Chaofan Network Company is used. Now all employees of Chaofan Investment must use the products of Chaofan Network Company to transfer data at work, whether it is chat Software or e-mail.

Obviously, Oracle's soaring stock price will not be suppressed just because of a small sell order in this trading room. In the absence of a big sell order, the market's feeling is not strong. Maybe the bankers who pushed the stock price up can feel the selling pressure of the market It has been strengthened, but they probably don't expect that there are big funds attacking them, they will only think that this is the price recognized by many retail investors.

There was an adjustment before the 41-meter-yuan mark. Although it was short-lived, it does not support another adjustment of the stock price around 41-meter yuan. In the past, it showed strength in the intraday.

Before he knew it, Zheng Xiaopang's computer was also activated, and the two trading programs began to sell stocks to the market without interruption, but in front of the powerful dealers, these retail sales orders were simply ignored, not to mention the rapid In the process of pulling up, it is not small to enter the market to follow suit and buy orders, so Oracle's stock price continues to rise, breaking through 41.5 yuan soon.

At this time, Chen Fan chose to speed up and directly adjusted the 10 orders per minute set by the two sets of trading programs to 30 orders per minute, that is, one sale order per 2 seconds. Xiaoye still maintained a relatively high efficiency in shipping, But at this time, Chen Fan had already told him that he didn't need to make a small order, and chose to throw an order of about [-] shares from time to time, and there was no need to continue to die on orders of hundreds or thousands of shares.

When Oracle's stock price broke through 41.8 yuan and finally surpassed yesterday's intraday high price, Chen Fan increased the speed again to 50 trades per minute. Of course, the number of shares did not increase, and he still kept selling orders of about a thousand shares.

Although the order is small, it is terrifying if the number is too large. The dealer in the oracle bone script clearly felt the malice from the market at this time.

Although I don't know if the banker has the intention of attacking 42 Miyuan, but the only thing Chen Fan has to do at this time is to happily sell and cash out.

Nearly 41.88 shares were shipped every minute, and the dealer soon couldn't bear it anymore. The share price of Oracle Software only touched [-] yuan and finally began to pull back, which was only a few cents higher than yesterday's highest price.

The stock price of Oracle Software only stayed above 41.8 yuan for less than 3 minutes, and the stock price began to pull back. The trading volume suddenly increased, but the transaction price did not rise effectively. All fools know that the upside is blocked, and it was very fast before. The aggressive follow-up quickly dispersed, and by this time the horror of the automated trading program was fully revealed.

Machines have no feeling. When people operate stocks, their emotions will be affected by changes in the market and stock prices. Many times they decide to trade, but they may choose to give up after seeing the sharply fluctuating stock prices, but machines will not.

The stock price of Oracle Software is like a snowball at the moment. The rapidly rising stock price suddenly reverses, and the rapid and crazy decline is almost like a diving trend. In terms of stock price, it really flew down three thousand feet.

However, these pay orders obviously have very little impact on the market, because what he is facing now is not a human being, but a machine that has no emotions. They will only faithfully implement the set procedures and go all the way down.

"Too ruthless."

Seeing the trend of the Oracle software, Zheng Xiaopang felt his heart twitch, and thought differently, if he was the banker of the Oracle software now, he would only feel powerless at the moment.

Chen Fan didn't expect that the banker of Oracle Software would be so incompetent, so he gave up resisting just like that, but he also had a bad feeling for a moment.

"Should I close one first?"

Zheng Xiaopang asked.

"Adjust the speed. Yours is changed to 20 times, and mine is changed to 30 times. You can only adjust it slowly."

Chen Fan already knew what was wrong at this moment. The ordering speed of this thing is about the same. If the other party can get the transaction data, it should be easy to see that the source of the selling order is abnormal.

They quickly modified the trading parameters, and the selling orders on the Oracle software market began to decrease, and the pressure dropped sharply. However, at this time, the Oracle software market had collapsed, and the dealers were powerless at this moment. Don't dare to try again.

After the share price of Oracle Software fell below 41 yuan, they reduced the transaction speed again, but they did not close the program, and they can continue to sell points above 40 yuan.

Xiaoye was also obviously frightened by the sudden change in the market. Oracle’s disk changed too fast, and suddenly a large number of sell orders came out, directly colliding fiercely above 41.8 yuan. With the dealer's retreat, the board collapsed directly.

When the stock price fell below 41 yuan, under Chen Fan's reminder, he continued to place one or two sell orders for 1 shares when he saw a big buy order below, but he was still thinking about Chen Fan's What the hell is the mess.

Xiaoye has a familiar feeling, as if she has seen this thing somewhere, but she can't remember it for a while.

And Chen Fan and Zheng Xiaopang looked at the aggregated transaction data with a sinister smile. Up to now, 41 million Oracle shares have been sold above 113 meters, including the previous promotion process and the subsequent crazy shipment stage. It is increasing, but the change is smaller, because it has been adjusted to the figure of 6 transactions per minute, that is, less than [-] shares are shipped per minute.

"It still needs to be tuned, forget it, I will turn off this one first, and yours will continue to be released, and it will be turned off when it is close to 40 yuan."

Chen Fan looked at the terrible disk of Oracle software and said gloatingly, "It's almost here, and it's all 40 yuan and 3 cents."

After being tormented by Oracle software, the hot money in the market also temporarily stopped. They were all frightened by the collapse of Oracle. They started to dive from 41.8 yuan, and the stock price plummeted like crazy. The market maker obviously protected the market but did not Hold on, haven't you seen the trading volume that keeps bursting out?

The popular stocks in the market have cooled down. Everyone needs to observe and decide how to operate. After the market lost its upward momentum, the index began to fall again.

It stabilized around 4850 points before, and now the index has barely risen to around 4868 points after the impact of hot money, but it is already a bit unsustainable.

Perhaps Oracle's market makers chose to raise the stock price because of this, and even invested a large sum of money, but unfortunately they failed. If they failed, someone would pay the bill, and the one who paid the bill was the market.

The Nasdaq began to fall again from the rebound high point, and the points continued to decline, and there were faint signs of accelerated decline. Soon the Nasdaq fell below 4850 points.

In this market, the funds used to stabilize the market before have all been restrained, and they have not continued to take action to maintain the market, and a new round of decline has finally taken shape.

"Looks like we've blown the market down."

Seeing this trend, Zheng Xiaopang said to Chen Fan with a guilty conscience.

"I didn't expect that selling some stocks would smash the market. This plate is a bit fragile."

Chen Fan was actually a little helpless in his heart, he just wanted to sell some stocks, how could Oracle's stock affect the market.

In his opinion, if he sells some Oracle stocks and hot money continues to speculate on popular stocks, the market should be stable if everyone enters the water, but how can all the money be scared away?

The two spoke in a very low voice, and it was unknown if they were heard by He Li's gang, but no one noticed at the moment, and they were all staring at the market trend.

There was no resistance, and the 4800-point mark was broken without the slightest resistance. This time, the Nasdaq’s drop was a bit long and deep, and the downward trend continued until the end of the session.

In the end, the Nasdaq closed at a second low, closing at 4706.63 points, the lowest point of the day at 4706.61 points.

It should be said that the failure of Oracle’s promotion has a huge impact on the whole day’s trading. It directly wiped out the enthusiasm for hot money operations. After that, these funds in the market disappeared. There were no popular stocks to stimulate popularity, and the market continued to fall the main reason.

Oracle closed at 38.5 yuan. After spending a huge amount of money, the dealer of Oracle Software chose to pull back and wash the market. They wanted to clean up the profit-making positions in the market again.

Affected by the market, Qualcomm's trend is not going well today. He Li's plan failed to be completed, and the final closing price was 62.56 yuan. Once I didn't dare to continue, the sell order of retail investors came out when I pulled it up, so I just hid under it first.

The market closed, and Chen Fan glanced at the futures index market. It was also affected by the sharp drop. As a result, the futures team shipped the March contract empty orders very smoothly. Up to now, almost all of them have been processed, and the rest But a few thousand hands.

"Hehehe, it seems like we buried ourselves a bit this time."

Zheng Xiaopang laughed softly at this time.

"I don't know what the media thinks of the market today. I am most worried about them being collectively bearish and shouting loudly."

Chen Fan is still in the mood to make jokes at the moment, but it seems that Chen Fan and Zheng Xiaopang are still old-fashioned, they haven't changed much, they are mature, calm, and don't exist.

"Ask everyone to stay and discuss for a while?"

Zheng Xiaopang continued to laugh.

Chen Fan looked at the empty trading room, "Go and call."

"Hey, forget it, let's do it tomorrow, don't worry about it for a while."

Zheng Xiaopang shrugged, he didn't do such offending things, even though he was the boss, it was really unnecessary.

"What are you afraid of? Let's operate Qualcomm. It is estimated that there are many people who scold us in the market, and we are not afraid of adding a few of them."

Chen Fan thought of what he thought of before, and now he said it.

"That's scolding you, you are Zhuang, don't mind my business, I just follow Oracle's Zhuang, take a sedan chair, why are they scolding me?"

When Zheng Xiaopang heard what Chen Fan said, he realized what was going on as soon as he thought about it, and replied with a playful smile.

At this time, Chen Fan took out two cigarettes, threw one to Zheng Xiaopang, lit it himself and took a deep puff before saying: "It seems that the market is weaker than expected today, and I don't know if that banker has Leave."

"You mean manipulating the market?"

Zheng Xiaopang put away his smiling face and asked.

Chen Fan nodded, "I still haven't figured out whether they have shipped or not."

"I guess it's coming out, it's a small list, just don't make a fuss, and it may not be said that it will be about the same time as ours, or even earlier."

Zheng Xiaopang suddenly seemed wise, and said with confidence.

"Why? Is there any basis?"

Seeing Zheng Xiaopang's expression, Chen Fan also became serious and asked with a serious face.

"Basis? It's not because you often think of going with them."

Zheng Xiaopang suddenly laughed, with a cynical expression.

(End of this chapter)