The Son of Finance of the Great Age

  Chapter 755 The Death of Small Fund (2)

   "Others will analyze whether there is a large amount of money entering through the position!"

Jiang Shan's face was a bit ugly, "If you hold so many positions, I'm afraid it will be difficult to complete them within a day or two, and the signs are too obvious, and you will be easily attacked by others. Maybe a week is less, half a month should be more Suitable."

   "Don't worry, I've already thought of a countermeasure!"

  Zhong Shi pointed to the traders who were gearing up for a long time, and loudly encouraged, "Gentlemen, today we are going to create chaos in the gold market!"

   "Yes, sir!"

   The traders were all excited, it had been a while since Chung-shik had been shirtless in person, and they missed it terribly. After all, as long as Zhong Shi makes a move, it is always a big move. The feeling of controlling everything and crushing the opponent makes them obsessed with it and has endless aftertaste.

  Now, when the opportunity comes again, they are naturally very excited.

   "How big is it?"

  Jiang Shan also yelled twice, but unlike the fanatical traders, he always kept his head calm, "Also, what is the target price?"

"I have no idea!"

  Glaring at him suddenly, Zhong Shi unbuttoned his jacket, took it off and threw it back casually, loosened the tie around his neck, rolled up his sleeves and said, "Come on, we're about to start!"

  COMEX Gold 1002 contract was offered at a price of US$1139, less than two US dollars lower than the previous trading day. Soon, buyers and sellers began to mix together, and the price of gold began to jump rapidly.

   At the beginning of the market, there were frequent transactions in small orders, at most dozens of lots of transactions. Both parties frequently traded back and forth. These are all speculative, and the daily transaction volume is not small, but it does not affect the overall market situation.

  As they swiped their orders, the price of gold fluctuated quickly, and the small bulls seemed to have the upper hand. Soon the price of gold crossed $1140 and reached a price of $1142.

   "It's time to start!"

  Zhong Shi raised his hand, and the trading hall, which was still noisy at first, suddenly fell silent, "1100 lot sell orders, hanging on five price levels, pyramid style, let's try the quality of the bulls!"

  The so-called pyramid type refers to the decreasing oppression in the terminology. A gradually decreasing sell order is placed on each gear of the sell order, and the sell order placed on the first gear is the largest. This is to tell the market that as long as the first tranche of sales orders is eaten, the pressure on the sellers will become less and less.

  But in the eyes of experts, there is another signal in this way of placing orders, which is to evaluate the determination and funds of the bulls. After all, if the first tranche of pending orders is eaten, the short sellers are likely to make strategic adjustments based on the opponent's actions.

The traders moved very quickly, placing sell orders of 400, 300, 200, 100, and 100 lots on the five gears of 1141.9 and 1142.0 respectively, plus the empty orders that were originally placed here, and soon formed a market. Pyramid defense line, the total number of hands exceeds 1300 hands.

  As the upside continued, this line of defense soon appeared in the market, and all the participating investors were taken aback, realizing that today's market will be different.

  The main funds appear!

   It seems that they have been prepared for a long time, and the bulls stopped for a while, and then they blew the horn of attack.

   At this time, they are at the time when they are permeating Changhong, and when they successfully mobilize part of the market's emotions, they strike while the iron is hot. So after a little thought, the bulls jumped in.

  Different from the strategy adopted by the bears, the bulls directly adopted the word "one" to intercept, that is, directly placed a large order of 1,500 lots at 1141.7. What this approach wants to tell the market is that the bulls are strong and fully capable of taking down their opponents, so let's rush with me now.

  Combined with the long orders hanging on this position, the long orders piled up on 1141.7 reached 1578 lots at one time, which far exceeded the number of short positions piled up. After a careful comparison, the market's emotions began to be mobilized, and they realized that the strength of the bulls far exceeded that of the bears.

   "Attack!"

  It seems that the horn of attack has been sounded, no matter whether it is a small organization or a main force, they are rushing towards the short line of defense regardless of their own safety. Although Zhongshi set a sell order of up to 400 lots at the price of 1141.9, there are too many bullish people. Even if everyone supports the next lot, the sell orders of about 400 lots will be quickly eaten away. The price instantly jumped to $1142.

  The bulls achieved a temporary victory in this round, so their momentum became more vigorous, without any pause, and they immediately launched an impact towards 1142 and 1142.1.

   "Not good, the market is following suit!"

  Jiang Shan’s complexion changed, and he shouted nervously to Zhong Shi, “I suggest using the cellular form to place orders right now, and stop the market’s emotions first.”

   "Relax, my buddy!"

  Zhong Shi looked as usual, glanced at Jiangshan lightly, then raised his hand again, and shouted at the traders again, "Honeycomb pending orders, 1,500 lots per grade, let them come!"

  The trader responded loudly, and began to place orders in a hurry.

   On the disk, under the guidance of the main force, many follow-up disks began to frantically attack upwards, and the prices of 1142, 1142.1, and 1142.2 were successively declared to be lost. But when they stood at 1142.2, they were shocked to find that among the five sales orders above, there were up to 7,500 sales orders waiting for them.

   It was only about 1300 hands at first, but when this level was captured, the market was surprised to find that the short positions were so powerful that they were almost impossible to shake.

Is going? stay?

  At this time, you can show your professionalism. When the follower started to look at the intention of the main bulls, it was discovered that at some point, the "one" interception order of the main bulls had long since disappeared.

  Originally when the bulls and follow-ups rushed up, the "one" block orders of the main bulls followed behind them, which gave them confidence. But when the main bears showed their ferocious fangs, the main bulls saw that the situation was not good, so they chose to leave, leaving the main bears behind to follow suit.

  The killing begins!

The follower who has lost support is naturally not the main opponent. Before Zhong Shi and others make a move, they start to kill each other, and the closing orders are thrown out quickly. Many of them even know that it is too late to close their positions. In order to backhand short, from a teammate at one moment to an opponent at the next moment.

  Gold prices plummeted.

   1140 fell, 1135 fell, 1130 fell, until around 1125, the short cellular pending orders disappeared from the market.

   "Who the **** is this and what are they trying to do?"

   This is what most participants think. An opponent who can sell close to 10,000 empty orders at one time is definitely a large institution with strong funds. If there is no opponent of comparable strength, the market is very likely to be one-sided.

  The market is far from being as flat as stagnant water, and there are countless ferocious crocodiles lurking beneath the tranquility.

   Shortly after the short pending orders disappeared, the market regenerated.

Perhaps because they realized that the price was in place, or because they planned to fish in troubled waters, the main bulls who had been disappearing appeared again. Compared with the last time, their momentum was much stronger, and they directly placed 2000 lots at 1124.9 and the following four prices respectively. The total number of pending orders reached 8000 lots.

  As soon as this number came out, the market immediately boiled again!

   There is actually a force more fierce than the main short sellers involved. Is this the rhythm of the rise? Many participants began to mutter in their hearts.

   "What is the origin?"

  Jiang Shan’s brows were raised high. When he was already sure of winning, a new force suddenly came out, which made him feel very uncomfortable, and his tone was quite rude, "Who the **** is this? What do you want?"

   "What do you think they want?"

  Zhong Shi asked without answering, "According to your thinking, what should we do now?"

   "Crush them directly!"

  Jiang Shan was still angry, without even thinking about it, he blurted out, "Anyone who goes against our will, no matter who it is, will be crushed!"

   "Okay, then crush it!"

  Zhong Shi waved his hand, "10,000 hands, four positions, fight with them!"

  Traders were in a hurry again.

"what?"

  It wasn't until this time that Jiang Shan reacted, and hurriedly said, "Zhong Sheng, if I'm...emotional, how can I take it seriously?"

  Seeing that Jiang Shan's face turned pale, Zhong Shi smiled slightly, patted the other party's shoulder, and said in relief: "It's okay, just do as you said, and I will take the responsibility."

  Hearing his words, Jiang Shan regained some color.

  The strength of the main bulls aroused enthusiasm in the market, but this enthusiasm did not last long, and the main short sellers reappeared like ghosts, and not to be outdone, they threw out almost equal sales orders, which was very obvious.

   Moreover, in terms of numbers, the short side still has the upper hand.

  Long and short orders with close to 20,000 hands did not have the slightest temptation. As soon as they met, they began to fight frantically. The trading volume rose rapidly. The price began to jump rapidly at the 1124 position.

  The strength of the two sides is equal, and they are going all out, so the killing is inextricable for a while. And for this kind of situation, there is no possibility of meddling with the trend, and they can only watch the excitement from the sidelines.

   Half an hour later, the big fight was barely decided. In the end, the strength of the bulls was limited, and they gradually showed signs of defeat, but they did not panic, and began to retreat in an orderly manner step by step. Throughout the process, the price of gold has also fallen in a smooth and orderly manner.

  This is because if all the buy orders are withdrawn at once, the market will form a one-sided market, which is very passive for the bulls. Even if they can withstand the current decline, they may not necessarily be able to withstand the cost of future counterattacks.

  In the final analysis, today's battle is just a temporary success or failure, and everyone understands the truth that things last long and should be measured.

   "Shall we continue the onslaught?"

   Facing the opponent's retreat, Jiang Shan seemed very excited, and couldn't help but urge Zhong Shi to say, "We should take advantage of the victory to pursue the attack, strike while the iron is hot, and kill him while he is sick..."

  He said a few idioms in a row, and it was obvious that his heart was quite agitated.

   "Relax, my buddy!"

  At this time, Zhong Shi's face became serious, "This is not what I expected, it's not what I thought."

"What's wrong?"

  Until this time, Jiang Shan didn’t notice Zhong Shi’s face, stopped laughing, and asked puzzledly, “Haven’t we already defeated them? Why do you look like we lost?”

   "In fact, we did lose!"

Zhong Shi spread his hands and said with a wry smile, "I originally wanted to defeat them to achieve the purpose of taking over their long orders, but judging from their current situation, others have no plans to close their positions or leave the market at all. If so If so, what else do we use to build a position?"

  Jiang Shan just woke up, and everything he is doing now is to absorb more long positions. And if the other party doesn't make a move, the wishful thinking of one's own side may be in vain.

  For a while, his mood became inexplicably heavy.

   "Keep chasing, don't stop!"

  Suddenly, Jiang Shan heard Zhong Shi give an order again.

   This order confused him for a long time, and he didn't wake up until he saw that the number of odds in the market gradually increased.

  Zhong Shi is going to put all his eggs in one basket and completely beat the bulls to the point where they can't bear it.

   On this day, the price of COMEX plummeted 27.5 US dollars, the lowest once dropped to 1108 US dollars, a drop of 2.41%, the largest fluctuation since the last few trading days.

  (end of this chapter)