I'm in the county town, and you say I'm a big shot?

Chapter 131 Someone is carrying a sedan chair, hurry up and get on

"Old Wang, have you read the information I sent you?" Shi Guangrong asked while drinking Longjing tea which was just launched on the market this year.

A voice with a Wu accent in Mandarin came from the other end of the phone:

"Look, if it's really as you investigated, we can definitely make a fortune in the cotton market!"

"There is absolutely no problem with the investigation content. Trust my judgment." Shi Guangrong's tone was full of confidence.

"Of course I believe it. I was very impressed by your judgment when you were hyping up orchids two years ago. What are you going to do?"

"Speculate on CF0905. The recent contract is quite active, and there's a lot of speculation going on. The current cotton futures price is hovering around 12000 yuan per ton, which is the first target." Shi Guangrong continued, looking at the candlestick chart on the computer screen.

"At around 15000 yuan, if it rises by 20%-25%, we can make a net profit of 7 to 8 million yuan, then we can liquidate our positions and wait for an opportunity to short sell."

"What method did you use?"

"Keep it simple, squeeze out the shorts, and pull it in place in three to four trading days."

"Ah? That's quite risky. If we encounter a big short seller, we'll be in danger." Wang Hong reminded on the other end of the phone.

"The cotton market is so small, how many big investors are there? Besides, the two of us can mobilize hundreds of millions of funds together. Are we still afraid of others dumping the market?!" Shi Guangrong smiled and continued:

"Lao Wang, after establishing your position, quickly release the contents of my investigation. It would be best if you could get official media to endorse it!"

"Don't worry, I have contacted Editor-in-Chief Liu of 21st Century Business Herald, and he has agreed to publish your report in full!" Wang Hong said on the phone.

"That's good. Also, online, the financial channels of major portals are incredibly influential!"

Shi Guangrong gave another reminder.

"I know. I'll send people to handle all of this. When will we open a position?"

"Sooner rather than later, tomorrow!"

"OK!"

Shi Guangrong hung up the phone, and a soft body lay on his back. It was Jiang Yiling.

"Ready?"

"Yeah." Shi Guangrong nodded. "I'm quite busy these days. Please help me keep an eye on the company. Also, the orchid in my office!"

"Don't worry, I will take care of these little things. Let's take a rest. We are all tired."

Shi Guangrong nodded, turned off the computer, and walked towards the bedroom with Jiang Yiling.

A thought suddenly popped up in his mind: "Will the young man named Fang Qingye from Nanxin participate in this cotton war?
Fang Qingye is also ready.

The next morning after going to work, Fang Qingye took care of some work and then opened the futures trading board.

Unlike A-share trading, cotton futures trading hours are longer and are divided into day trading and night trading. Day trading hours are from 9:00 to 11:30 a.m. and 1:30 to 3:00 p.m. on weekdays; night trading hours are from 21:00 to 23:00 p.m.

合约交割月份为 1、3、5、7、9、11月，方青叶盯的是5月份交割的一号棉合约，编号为CF0905。

There are currently four contracts for No. 0905 cotton in the Zhengzhou Cotton Futures Market, the most recent of which is CF.

The difference between the so-called No. 1 and No. 2 cotton contracts is that the former's delivery location is ZZ City, while the latter's benchmark delivery location is Urumqi, Xinjiang. The two contracts have different benchmark delivery commodities and warehouse receipt flows, and most people speculate on No. 1 cotton.

Recent contracts have active trading, good liquidity and large price fluctuations, making them the favorites of speculators.

The current price of CF0905 is 11995 yuan/ton, and it showed a downward trend at the opening, which is a good time to open a position.

Futures trading utilizes a margin system. According to the Zhengzhou Commodity Exchange, the margin for cotton is 7%, plus a handling fee of 4.3 yuan per contract. Closing today's positions is free. In other words, at current prices, the required capital to buy one contract of Zhengzhou Cotton futures is 11995 x 5 x 0.07 + (4.3/5), which equals approximately 4200 yuan.

Fang Qingye plans to buy 1000 lots first, which is 420 million, accounting for % of the total position.

Futures trading is incredibly dangerous. Although Fang Qingye knew the general trend of cotton futures, he had no idea whether they would rise or fall, so he had to observe them in real time. If a full position went bankrupt, it wouldn't just be a loss of all the capital.

Fang Qingye placed orders gradually and soon bought 1000 lots. He suddenly discovered that the cotton futures price had slightly rebounded to 12010 yuan, two points faster than he expected!

According to the cotton futures trading rules, the minimum price change is 5 yuan/ton. That is to say, he originally thought that when he opened a position, the cotton price should be 12000 or 120005, but it rose to 12010 yuan!
In other words, some people are secretly building up positions!
It doesn’t matter, as long as we go long, we are all comrades-in-arms.

Throughout the day, the price of cotton futures fluctuated around 12000 yuan, but the trading volume began to increase significantly. It turned out that someone was quietly accumulating shares.

And it’s a big one!

Haha, I'm just waiting to ride in the sedan chair!
The market was closed during the day, so Fang Qingye closed the software and started browsing various financial news. Suddenly, a report published on Sina's economic channel caught his attention.

The title is simple and direct: "Cotton farmers' income is poor, and the cotton planting area has dropped sharply." The author uses his own real experiences to describe the income of cotton farmers in the cotton-growing areas of Shandong Province last year, as well as the cotton planting situation this year. He not only interviewed cotton farmers, but also visited some grassroots township cadres. Using detailed data, he finally came to the conclusion that cotton production is expected to decrease this year and cotton prices will rise sharply.

This article did not receive many clicks, but Fang Qingye sensed something unusual in it.

First of all, the content of this article is basically true, which shows that the author did not fabricate it out of thin air. What is more important is the timing!
This article appeared just as there was an unusual movement in cotton futures trading.

He immediately copied the title of the article and searched it on Baidu, and found that several major portals such as NetEase and Sohu had reprinted the article, and that financial websites with official backgrounds such as "21st Century Business Herald" and "First Financial Daily" had also published it!

peat.

This is to build momentum.

It has a lot of energy.

Fang Qingye looked at the author of this article again: Orchid of the Valley,

Why does it sound like a woman’s online name?
He suddenly remembered a name: Shi Guangrong.

Don't you particularly like orchids? Before the Chinese New Year, I was delivering goods myself. We were drinking at a bar when he mentioned futures trading.

Could it be him?
It's possible that this guy gives people a weird feeling.

interesting.

But it doesn’t matter, it doesn’t matter who builds the warehouse and carries the sedan chair.

At this time, the QQ avatar at the bottom of the screen jumped again. It was the Dongguan girl who sent another message.

"Husband, there are unusual movements in Zhengzhou Cotton CF0905 today, and large funds are gradually entering the market!"

Seeing the Dongguan girl's message, Fang Qingye smiled and immediately typed back: "I've noticed it, and I'm also opening a position, around 12000 yuan, 1000 lots."

"So little?"

shit
I was actually despised by a girl from Dongguan.

Fang Qingye had no choice but to pick up the teacup and drink a sip of tea: "Just at the beginning, take it slow."

"Well, my husband, if you make money this time, you'll be worth tens of millions, barely enough to be considered a wealthy man."

Fang Qingye continued to drink tea.

"Husband, what is your psychological price for this operation?" The other party typed again.

(End of this chapter)