legendary trader

Chapter 923 924 Low Frequency Trading
"Put up the list at 8 to 9 minutes, and put 2 out."

After Chen Fan heard that the post had been spread in the currency circle forum, he whispered to Zheng Xiaopang.

After saying this, Chen Fan also started to open the trading account, and he also started to prepare for trading.

It was still the account where bitcoins were stored, and Zheng Xiaopang quickly put up large and small sell orders between 0.081 yuan and 0.09 yuan, then turned to Chen Fan and said, "Okay, do you want to start the fight here? "

"Wait and see, we put the list of 5 points and 2, will anyone continue to go up the list."

Chen Fan just said this to Zheng Xiaopang.

"It's only 5 cents for the pending order. If you directly buy the goods for 8 cents, isn't it a bit fake?"

Zheng Xiaopang said with a slight frown.

"Didn't you see that no one continued to put down the list? It's been dragging on for so long."

Chen Fan replied helplessly, "It seems that no one is willing to offer a higher price now."

"It's boring, at least it's really boring now, there are too few players entering the field."

Zheng Xiaopang shook his head at this moment and said.

"In the past, the transaction volume in the forum was very large and hot every day?
To be honest, I would be satisfied if a few people come in to trade today. You really think that it is those stock or gold, crude oil exchanges, and the trading volume is rising gradually after opening. "

After Chen Fan glanced at Zheng Xiaopang, he said calmly.

"At that time, I'll go back and look at my stocks. You can play slowly here."

Zheng Xiaopang shook his head, looking disgusted.

The price of Bitcoin just hung there, and the trend line became a horizontal line again, as if it was just a step up.

Zheng Xiaopang has minimized the market software at the moment, and he also ran into the forum to watch the excitement. When he saw any interesting post, he would type it out with a click of the keyboard. His proficiency seemed to be smoother than trading bitcoins. too much.

It has been almost two hours since the market opened, and the bitcoin transaction is only the one they reversed, 5 bitcoins.

At this stage, the pricing of Bitcoin is still not very clear. Although dozens of players have already transferred more than [-] Bitcoins to their accounts, they seem to be waiting without any intention of selling easily.

Naturally, Chen Fan is also waiting. He only made one transaction today, which definitely did not meet his requirements. Today’s task is to determine a price for Bitcoin that is recognized by the market. Only in this way will the market circulation of Bitcoin be improved. .

Zheng Xiaopang has already placed all the selling orders, and now what Chen Fan has to do is to eat the bitcoins that were placed on the 8 cents order, and then fight around the price of 8 cents.

It doesn't matter if it's acting, but no matter what, the price has doubled from the original forum price, which is considered a skyrocketing increase.

In terms of the price traded in the forum at that time, it was indeed a bit underestimated.

The time has quietly come to 11 o'clock, and an hour and a half has passed, and the selling price is still 8 cents. Maybe the guy who placed the order has stopped paying attention to the market.

Chen Fan actually didn't know how many people were still watching the bitcoin transactions at this time. It seemed that the players had gone to the forum again.

Of course, because of the jet lag, some people may have gone to rest and prepare for the next day's work.

But at this time, Chen Fan chose to move.

He quickly typed some numbers on the small keyboard, and then suddenly hit the Enter key, and a payment was directly passed into the venue.

And the transaction details column only showed the second transaction today, 0.08 yuan and 2000 bitcoins in just a blink of an eye.

At the same time, on the quotation column, the buying price has not changed at all, it is still a buy order of 0.052 yuan, while the selling price has become 0.082 yuan.

Zheng Xiaopang's order was not placed next to the price, but the list was placed by the price.

At this time, Chen Fan gave up the idea of ​​continuously placing orders to buy after thinking about it for a while. In his opinion, at least in the short term, no one will follow up and buy, and now the 0.082 bitcoins on 1 should not be taken away by others.

What's more, even if it is bought by someone, it is equivalent to selling half of the 0.08 coins bought at 2, and only earning 2 yuan.

Now the price of Bitcoin is really a bit chilly. Although there are 7 transactions, the actual transaction volume is very small, so small that Chen Fan can't bear to calculate it.

After completing the second transaction, Chen Fan waited quietly for a while, and there was no change in the quotation column. There was neither a new buy order nor a sell order.

I can only sigh a little in my heart. After all, it is a new thing. The current players are not professional investment players, and most of them are attracted by their own hobbies.

It was only 3 or 4 cents a piece in the currency circle forum before. Today, the global exchange opened, and the price of bitcoin directly doubled. It is estimated that even if those players want to buy bitcoin now, they may want to wait. See, the current price is not manipulated.

At this time, Chen Fan had already thought that to attract other people to buy in the market, it may take two or three days. They will wait until the market price of Bitcoin gradually stabilizes before making a move. At least by then they will If you buy it, you won't have the worry of being scammed.

It is human nature, if you buy something worth 1 yuan for 2 yuan under manipulation, you will naturally feel uncomfortable.

There are too few sell orders today, Chen Fan originally wanted to stir up bitcoins, so as to gain popularity.

But seeing today's scene, he was a little discouraged, because no one sold it.

What he is doing is business, not those players who want to promote Bitcoin to be more widely accepted. Naturally, they are unwilling to lose money on investment, or they can buy it at a low price, so why spend a lot of money to buy it.

Seeing that there are not many people participating in the market transactions at the moment, Chen Fan also minimizes the market interface, but instead of going to the currency circle forum or news website, he directly enters the background of the global exchange to see how many people are there today. Bitcoin was transferred in.

22 bitcoins.

From the database, we can quickly see the number of bitcoins transferred by players to the global exchange so far, in about half a day.

Thinking that he only bought 2 bitcoins, which only accounted for 1%, Chen Fan became curious again, wouldn't these guys just sell so many bitcoins?
So Chen Fan directly entered the data background to see how other players' sell orders were placed.

As for those accounts and the owners behind them, Chen Fan is not interested, he only cares about what price they place the sell order at.

When designing the Bitcoin trading interface, they abandoned the stock model and only displayed bid one and sell one quote information, so Chen Fan can only check it in the exchange system, which is also his privilege as a super administrator .

If the exchange is not led by him, obviously this privilege will be in the hands of others.

But after reading those pending orders, Chen Fan lost his temper.

More than 20 bitcoins have all been listed, but the price is a bit painful.

Well, there are 16 bitcoins, he doesn’t want to think about it, the listed prices are too outrageous, all above 10 yuan, and after these orders are posted, the account owner doesn’t seem to have thought about canceling the order and re-listing, directly Just leave it there and ignore it.

There are more than 5 distributed below 1 yuan, but only more than 3 of them really make him want to eat, and the price is below 0.5 yuan.

The most recent sell order was placed at 0.1 yuan, and now there are two pending orders totaling 1.2 bitcoins.

"Now those people in the forum still only discuss, don't do anything?"

Chen Fan suddenly asked Zheng Xiaopang who was watching happily.

"Didn't you raise the price to 8 cents just now, and now the people in the forum are laughing at the owner of the previous sale. Although it was me who was laughing, why do I feel so happy?"

Zheng Xiaopang turned his head and said to Chen Fan at this moment, with a playful smile on his face.

"Alright then, pay more attention to the change of wind direction in the jar."

As he spoke, he began to tap the keyboard again. For a while, there was still no movement on the board, and Chen Fan also gave up. In the short term, those who want to buy and sell will probably not sell with all their strength, and they are all waiting for the market price. It is determined, and determining the price naturally requires a large number of transactions.

"But now everyone in the jar thinks that our website is real, not those fake trading websites with fake heads."

At this time, Zheng Xiaopang suddenly said to Chen Fan.

"Of course, if it is a fake website, the current transaction will be extremely active."

Chen Fan responded lightly, and when he finished the last word of this sentence, he hit the Enter key hard.

Soon, on the market system, the sell order of 0.082 yuan was swallowed up, but this time the buying price changed. The price of buying one became 0.082 yuan, and the buy order displayed later was 4.

The selling price also changed a bit, that is, it showed 0.085 yuan, 3817 bitcoins.

Zheng Xiaopang turned his head and glanced, knowing that Chen Fan was planning to carry out a reverse transaction here. Although he didn't know where the sales orders of those guys were placed, but when he thought about the current price, it was much cheaper than before in the forum. The price of buying bitcoins has doubled, but the corners of his mouth still twitched.

Zheng Xiaopang turned his head and whispered a few words to Xie Chaoyang and the others, and he did not look at the posts in the forum for the time being, but reopened the market system.

"Do I need to suppress two pens?"

Zheng Xiaopang saw that after an active sell order appeared, two active buy orders appeared in a row, so he thought it was time to suppress it, otherwise, I don’t know how the guys in the forum judged, would they think that the bitcoin in the market The price of bitcoin has not yet risen to the point, you see, it has always been a pay order, constantly pushing up the price of bitcoin.

"I don't need it for the time being. I'll just scan the price to 1 cents and then hit it down. See if someone will sell it at a low price."

Chen Fan said casually, but he seemed to be thinking of something here, and then shook his head, "It is estimated that after the bitcoin was transferred to the exchange, those guys just hung up the price and stopped paying attention. It’s really troublesome, no one is playing it, so it feels like playing a stand-alone game.”

"Is it such a low-frequency trading these days?"

Zheng Xiaopang was still a little unwilling to ask, although he had thought before that there might be fewer players entering the market at the beginning of the market, but at that time he was thinking of creating a false prosperity in the market through their frequent confrontation.

But the actual situation is naturally completely different from what he thought. Although the trading partners in the market are actually themselves, the frequency is very low.

Of course, there are still advantages to Chen Fan's approach. At least in the jar, everyone thinks that the few transactions in the market are real transactions between real players, and no one doubts the falsity of these transactions .

The interval between the two transactions was relatively close, so Chen Fan took a longer time to pull the third payment, because he also wanted to wait and see if anyone took the initiative to sell the bitcoin in his hand at more than 8 cents.

However, until almost 12 o'clock, there was no change on the board, and no one was actively trading now, which made Chen Fan a little disappointed.

"In fact, it's normal. I noticed at the time of 8% that there are fewer and fewer people selling coins. The main reason is that our mining plant has started operation. There are too few people who can mine bitcoins now.

You usually don’t read the forum, but a few days ago there were quite a few people lamenting that Bitcoin is hard to mine now. "

At this moment, Chen Fan and Zheng Xiaopang went out to have lunch. Although the Global Exchange claims to trade 24 hours a day, it is actually divided into four time periods every day. The trading time of each time period is 5 hours and 45 minutes. There is a break in the next 15 minutes.

That is to say, the real trading time of Universal Exchange is only 23 hours a day, and one hour is divided into four times, with 15-minute breaks each time.

After eating at noon, Zheng Xiaopang called the team leader of the price stock team together and asked about the trading situation in the next morning. He knew that those liquor stocks were still dead. Although there were some buying orders entering the market from time to time, but The judgment should only be funds of the nature of protecting the market.

When Maojian shares soared before, those baijiu stocks were not active in following the rise. Now that Maojian shares have risen and fallen, it will naturally make their situation worse.

"Now the market is very sluggish. Although the price is falling, there are no selling orders. Most retail investors have already surrendered. It seems that if they continue to fall, they will not receive many chips."

The leader of the trading team who spoke said hesitantly: "Mr. Chen, Mr. Zheng, do you think we will also raise the stock price once to attract money?"

"Do you want to make a rush to activate the hold-ups in the market?"

Zheng Xiaopang asked randomly.

The man nodded, "There are not many stocks in the market now, and the amount that can be bought every day is very small. Pulling once may loosen some of the locked-up plates."

Zheng Xiaopang was a little moved, and then looked at Chen Fan.

"I haven't looked at the stock market these days, you can figure it out yourself."

Chen Fan spread his hands and didn't intend to say anything more.

The current stock price of liquor stocks is at a low level. In fact, no matter how high it is, as long as they can buy the stock, it is right. Therefore, Chen Fan is not worried about what strategy they will adopt.

In fact, even if the market really doesn't have the funds to speculate in liquor stocks, but if they really want to be ruthless, their extraordinary investment and Keyuan's funds flowing into liquor stocks are enough to create a big market.

In the past, when the funds were low, you could only follow others, that is, follow the dealer.

But now, he is Zhuang himself, and his every move is no longer affected by the market.

(End of this chapter)