legendary trader

Chapter 110 Trading Robots

Chen Fan followed Zheng Xiaopang to his office, sat down and drank tea for a while, then Mr. Liu walked in, saw Chen Fan was there, and hurriedly said hello.

Chen Fan saw that Lao Liu was still so polite, so he waved his hand and said, "Old Liu, I have already said, don't be so polite, be casual."

As he spoke, he pointed to the sofa opposite, motioned Lao Liu to sit down, and said that there was already a cup of fragrant tea there, just for him.

Lao Liu just smiled and walked over to sit down. He knew that the two bosses of the company didn't like going around in circles, so he directly talked about the news he had learned.

Mr. Liu: "The automatic trading program you mentioned is called a trading robot in the industry. It seems to be similar to the futures trading system. It can be said to be an upgraded version of the futures trading system."

Chen Fan wondered, "How?"

Mr. Liu: "Aren't there various take-profit and stop-loss orders in futures? That is actually a simple automatic trading robot, but it can only be automatically traded at a set price. You say that is to upgrade this setting, you can Automatically buy and sell stocks randomly within the range you set."

Then Mr. Liu introduced what he knew to Chen Fan and Zheng Xiaopang in detail, and Chen Fan and Zheng Xiaopang were dumbfounded.

After listening to the introduction, Zheng Xiaopang said to Chen Fan: "With this robot, can we no longer need those traders?"

Chen Fan shook his head and said, "That's impossible. That machine actually replaces the work of placing orders. It can be understood as replacing the original order clerk in the stock market. Now that position has long been canceled because of computer trading. But traders not only need to Robots don’t have the IQ to place orders, choose trading varieties and directions, etc.”

Zheng Xiaopang nodded and said: "That's right, IQ is not enough for a human brain to make up, and a trader is still needed."

Chen Fan looked up at Mr. Liu and asked, "How do you sell that robot?"

Mr. Liu said: "There are two types of transactions, one is buyout, and the other is leasing services. Buyout means directly handing over the program to us, and we use it ourselves. This has the advantage of high confidentiality, but we will not repair and upgrade ourselves. , That thing is said to be constantly improving its performance. Renting is easy to understand. They provide maintenance and upgrades for the program, and we also use it ourselves. The price is cheaper, and the annual fee is several thousand yuan."

Without even thinking about it, Chen Fan asked, "How much does it cost to buy a set?"

Mr. Liu: "It's more than 6. It is said that there are not many domestic companies that can make this robot. My friend only knows that there are two companies that have done it. It seems that many institutions abroad have begun to adopt it, especially fund companies, etc. Many investment institutions use it.”

Chen Fan looked at Zheng Xiaopang again and said, "Little Pang, what do you think? Buy out or pay the service fee?"

Zheng Xiaopang nodded and said, "I have no objection, you decide."

Chen Fan thought about it and said to Mr. Liu: "Old Liu, I'll leave this matter to you. You know how to buy out the procedure and choose which one to trade. As long as I have comprehensive functions, I am not limited to a certain market. But this is not The point, the point is to recruit two skilled engineers, and our robots will be maintained and upgraded by ourselves in the future.”

After speaking, he looked at Mr. Liu, who slowly nodded and said, "I understand Mr. Chen, I will handle this matter well."

Chen Fan looked at Lao Liu and said again: "I know that your work is very heavy during this period, but you know, we are a new company, and many things start like this. This matter is a bit urgent, and I need to trouble you to act as soon as possible and bring it back. Things and people. In addition to the red envelopes issued by the company at the end of the year, Mr. Zheng and I will add another red envelope for you."

Mr. Liu was very happy in his heart, but he still said with a grateful expression on his face: "Mr. Chen, I came to Chaofan to invest, and the salary given by the company was twice what I used to be. Later, Mr. Zheng raised me a lot. real"

Chen Fan interrupted him with a wave of his hand and said, "You have done a lot for the company. Mr. Zheng and I have always noticed it. You can rest assured that the company will never treat those who do things badly. Your hard work will definitely pay off."

Mr. Liu said a few polite words and said a lot of words of gratitude before he got up and left, and went directly to deal with the purchase of robots.

Zheng Xiaopang looked at Chen Fan and said, "With that robot, will it be easy for us?"

Chen Fan said with a smile: "That's for sure. In general trading, you only need to set the program before the market, but the work of watching the market is still necessary. If the market suddenly changes, you must shut down the robot in time and reset the program."

Zheng Xiaopang nodded and said: "Your idea of ​​poaching people is good. Buying a program does not mean it is safe, especially the upgrade. After poaching people, you can use it without worrying about it. The cost is only 10,000+ yuan a year. thing."

Chen Fan shook his head and smiled, "That robot has a very good function, you may not have noticed it."

Zheng Xiaopang lowered his head and thought for a while, then shook his head and said, "Say it directly, I don't know what function you're talking about."

Chen Fan said: "The robot can set the speed of pending orders."

Zheng Xiaopang didn't understand what it meant, and continued to look at Chen Fan.

Chen Fan said: "How much does it feel like to buy a few transactions in one minute and dozens or hundreds of transactions in one minute?"

Zheng Xiaopang understood again, placing orders quickly, and placing small orders, the huge accumulated amount can deceive other investors' trading ideas and affect his trading decisions.

"Hey hey, I'm giving Lao Liu a big pie to get the robot as soon as possible. Let's try the water in the country of America and see if we can win the eyes of those people." Chen Fan suddenly thought of using the robot to do business abroad, I don't know what those foreigners think.

Zheng Xiaopang would frown and say: "That thing is an imported product, they would not have thought of it? Can't they see it?"

Chen Fan shook his head and said, "It's hard to say. The market over there is huge and there are many trading institutions. It's normal to see rapid and intensive orders. They may not think that it's made by robots. They will think that it's a convergent decision made by a large number of institutions with the same ideas. , at least I don't see anything like that happening."

Zheng Xiaopang nodded upon hearing that, suddenly became happy, and gave Chen Fan a thumbs up.

At around 9 o'clock in the evening, Chen Fan, Zhang Yang, and Zheng Xiaopang were all in the core trading room. While eating and drinking, the three of them had a heated discussion about the possible impact of the fast trading method proposed by Chen Fan on the market.

While joking, the U.S. stock market opened for trading again.

Because of yesterday's slump, senior officials of the U.S. government and the U.S. Federal Reserve came forward several times, hoping that the market could resume its rise, at least not continue to plummet, otherwise confidence would be lost and the economy would be greatly affected.

Under such circumstances, the opening of the stock market today is particularly important. Even the futures index price, which has always been considered by the market as a leading indicator of the stock market, fluctuated around the closing price of the previous trading day, without a clear indication of the direction. All parties in the market are cautious at this time Yes, for fear of accidents.

(End of this chapter)