Across the sea: I have a daily limit system

Such a good thing can happen in a few lifetimes.

Quit Prestige.

Chen Feng switched to the trading board again.

This time, the stock price of GME has already stood at $12.

Open the transaction information.

Chen Feng was amazed to see the stocks he bought.

All have been sold.

Interestingly, the stock price did not fall this time.

Instead, it hovered at 12 yuan.

Perhaps many people have noticed it.

This is just the beginning, Chen Feng secretly smiled.

Most of this stock is traded by retail investors today.

So far, the total transaction value of this stock is around 1000 million US dollars.

Among them, Chen Feng alone accounted for [-]% of the transaction quota.

In addition, it has pulled up quite a bit tonight.

Chen Feng estimated that many retail investors had been washed out just now.

For those who did not leave, their concentration must be stronger.

Thinking of this, Chen Feng began to think about a problem.

Now consider whether to suppress the stock price.

Now in the account, there are about 600 million US dollars in stocks.

Suppress the stock price a little bit, and bring the stock price to about 11 US dollars. According to the current transaction situation, it is estimated that there will be no major problems.

The advantage of US stocks lies in T+0.

It is different from T+1 in the Mainland.

If you buy U.S. stocks, you can sell them immediately.

At this point, for retail investors, there are still certain advantages.

For retail investors, the mobility is higher.

In the market, if there is any huge bad news that night.

Then, it can be shipped in advance.

And tonight, there is nothing bad about this stock.

Now Chen Feng is thinking about whether to suppress the stock price or raise the stock price.

Think for a moment.

Chen Feng still decided to forget it, and the current goal is still to attract goods.

Today, don't suppress the stock price, let's raise the stock price first.

With money, driving the stock price is naturally a very simple matter.

Especially for a stock with a small market capitalization like GME, it is easy for $2000 million to pull a dozen points.

Immediately, at a price of $12.5, he placed a buy order for 20 shares.

On the board, a long line was pulled up.

The stock price was pulled from the price of 12 US dollars in an instant to 12.5 US dollars by Chen Feng.

In this transaction, nearly 10 shares were traded immediately.

It is estimated that many retail investors have lost their chips.

However, this may also be the product released by the organization.

There is no indication in the transaction record whether the other party is an institution or a retail investor.

But someone sold it, which was exactly what Chen Feng wanted to see, and he still took the initiative to sell it.

Just keep pulling up the stock price.

Then there will definitely be many people who will continue to ship.

This evening, the price of the stock, from $11, was pulled to $12.5.

It's less than an hour.

The increase has been as high as 14 points.

This is all thanks to Chen Feng's personal pull.

The characteristic of U.S. stock trading is that there is no daily limit.

In other words, it is no problem for a stock to rise 10 times in a day.

But for the problem of excessive increase.

US stocks also have a special circuit breaker mechanism.

For example, if a stock rises by more than ten points within 5 minutes, then this stock will automatically stop trading for 5 minutes, which is commonly known as the circuit breaker mechanism.

Again, a drop of more than ten percent.

A fuse mechanism will also be implemented.

Of course, this is also to prevent risks.

Avoid large fluctuations in stock prices.

Therefore, in the extremely mature US stock market, circuit breakers also occur from time to time.

Of course, Chen Feng knew this.

So just now, when he was pulling up the stock price, he would never raise it by more than five points every time.

Similarly, it is also to give this stock a buffer period.

The purpose is to prevent others from stealing goods from him.

Even if he knows that now, no one is robbing him in the market.

But one has to be careful.

Once the circuit breaker is triggered now, this stock will greatly attract the attention of retail investors and institutions.

At present, Chen Feng has not bought it yet.

It's still mainly about sucking goods.
The moment when the price of GME exceeds $12.5.

Chen Feng already knew that the 20 shares in his account had already been bought.

Sure enough, as expected.

In the blink of an eye, it was already one o'clock in the morning.

Domestic time, the market didn't close until five o'clock in the morning.

Look inside the account.

At present, about 900 million US dollars have been bought.

There are still four hours until the closing time.

Based on this, Chen Feng speculated that there is no problem at all whether to buy or not.

The problem is, according to the current buying method.

Estimated to go to dawn.

Tomorrow morning, I have to go to the company early.

There is no shortage of A-shares.

Returning to the disk again, the stock price of GME soon reached $13.