legendary trader

Chapter 191 190 Adjust Leverage?
On the same day, Chen Fan and Zheng Xiaopang returned to Rongcheng by plane, and they couldn't sit still anymore.

Zhang Yang arranged a car to pick them up from the airport to the company, and Chen Fan carefully checked the company's transactions in the last two weeks in the small trading room.

The crude oil side basically didn’t do much work. When the oil price was supported at 12 yuan, Zhang Yang felt very bad. He felt that the market seemed a little unstoppable, so he simply stayed still and did nothing.

The gold that Ma Yunbo is in charge of is because the position has reached the upper limit. Without Zheng Xiaopang's order, Ma Yunbo did not increase the position. He just watched the gold price rebound and approached the cost price.

In the middle, Ma Yunbo had a discussion with Zhang Yang, but because the market reversal signal was not obvious, he did not contact Chen Fan and Zheng Xiaopang in the imperial capital, and as long as he judged, they probably saw the market changes, and there was no phone call. Coming over means that Chen Fan's judgment has not wavered, and he is still bearish.

Unexpectedly, I received a call from Chen Fan on Saturday morning, asking him to arrange a car to pick them up at the airport.

"I think it's just a rebound, so don't make such a fuss." Zhang Yang saw that Chen Fan and Zheng Xiaopang were looking at the computer, so he said.

Zheng Xiaopang nodded and said, "I think so too."

After speaking, he continued to talk to Chen Fannu: "But he seems to have found some kind of opportunity, and I feel a little excited."

Zhang Yang stared at Chen Fan and asked, "Is there something wrong with the gold market? Why didn't we find out?"

"Hehehe, you see that Xiaofan is so focused, you should know that this kid must have found some opportunity."

Zheng Xiaopang interjected and said, "But he won't say whether he saw the rise or the fall so far, I'm so mad."

"What's going on? Talk." Zhang Yang looked at Chen Fan constantly switching indicators to look at the gold trend chart, "Is gold going to shine? Why do I feel that Xiaofan is going to be gold."

"Are you betting on the ups or downs?" Zheng Xiaopang asked.

Zhang Yang frowned and thought about it before saying, "The bet is up."

Zheng Xiaopang curled his lips and said: "Everyone is bearish, you bet on the price, you have a lot of guts. Well, I will also bet on the price."

Chen Fan listened to the two talking and laughing for a long time before he turned to them and said, "Who said gold is going to go up?"

Zheng Xiaopang asked in amazement: "We were short-selling in the first place, and you came back in a hurry to trade, what is it if you are not bullish?"

Zhang Yang also felt that Chen Fan was a bit puzzled, "You didn't operate in the opposite direction, why did you run back?"

"Hey, guess what." Chen Fan laughed.

Zheng Xiaopang was a little upset, and said: "Be quick to explain, and bring Fatty back from the imperial capital. If you don't have an explanation, you will die."

Chen Fan was still having fun, but didn't speak, remembering that Zheng Xiaopang and Zhang Yang were a little bit crazy.

Seeing Chen Fan's smug smile, Zheng Xiaopang gradually calmed down. He recalled Chen Fan's realization when he was operating the US stock market some time ago, and calculated it according to Chen Fan's personality. After a while, he asked, "You don't know Do you feel that the price of gold is about to fluctuate violently? Tell me quickly what you found.”

Zheng Xiaopang said as he walked behind Chen Fan, a pair of fat hands were eager to lock his throat.

Chen Fan was indeed afraid of Zheng Xiaopang's threat of force. Although there were bodyguards, they were all in the lounge next door. In order to avoid indescribable harm, Chen Fan stretched out his hand and pushed Zheng Xiaopang's hand away, shouting : "I said I said, I'm excited, sit down first."

Seeing that Zheng Xiaopang didn't intend to leave, but pulled a chair from the side and sat next to him, Chen Fan could only grin.

"I estimate that gold will start to fall, and we will add some short positions at the opening of next week."

Zheng Xiaopang frowned and asked: "That's all? Are there any dry goods? Pour them all out."

Chen Fan laughed again and said, "I know I can't hide it from you. After this sharp drop, I guess there will be a violent rebound. It's hard to judge the strength, but I guess it can break through 300 points."

"You mean that the price of gold will continue to fall in the future, and after bottoming out, it will rebound to 300 yuan?" Zheng Xiaopangxu squinted his small eyes and asked, "How far can it fall?"

"Judging from the gold trend chart, the current rebound has touched the upper track of the descending channel. It stands to reason that if there is no positive support, it will definitely not break through the descending channel, so we can only go back. The current lower track of the descending channel is around 270. According to time calculations, I I think the bottom should be around 260, which depends on the time of the decline."

Chen Fan said swearingly, as if he had a lot of confidence.

Zheng Xiaopang still kept staring at Chen Fan. It didn't look like he was lying. Zheng Xiaopang gradually became happy, "Why don't we hit the gold price hard, I haven't felt like being manipulated for a long time."

Chen Fan was taken aback by Zheng Xiaopang's words, and quickly shook his head and said, "Well, the gold market is too deep, so we can follow the trend. It's a bit risky to be able to manipulate it, so let's forget it."

"What a coward." Zheng Xiaopang said unhappily.

After staying in the company for a while, Chen Fan and the others went home.

After returning home, looking at the empty room, Chen Fan took out his phone and called Liu Ying.

"Beep beep beep" the phone rang twice and was picked up by Liu Ying.

"Are you home?" Liu Ying's voice came from the microphone.

"Here, where are you now?" Chen Fan asked quickly.

After half an hour on the phone, Chen Fan smiled wryly.

Liu Ying told him that Mom, Dad, and the others plan to go all over Jinling, Suzhou and Hangzhou, and it is expected to take a month.

Well, you guys are great.

You go to play, I will find small money at home.

Thinking of his planned vacation being interrupted, Chen Fan was a bit unwilling, but thinking of Zheng Xiaopang's mention of the huge amount of money needed to invest in African oil fields, Chen Fan felt that he could not relax now, and had to seize every opportunity to make money.

His ability had already reacted to gold at the beginning of last week, but at that time Chen Fan only noticed that the brightness of gold seemed to be low, and the increase should have been at least 310%. According to the price of gold at that time, Chen Fan predicted that the price might be around [-] The price was about RMB [-], so the interest was lacking at that time.

However, the market did rebound last week, and with the rebound of gold prices, the brightness of gold has not weakened in the slightest. Based on the closing price of gold at the weekend, the minimum increase will be close to 330 yuan.

Based on the current market analysis and judgment, especially the situation reflected by the apparent weakening of gold prices in the last few hours before the closing of the market, Chen Fan feels that the situation of gold being suppressed will not change immediately, which means that gold may continue to fall in the future. Although I don't know exactly where it will fall, but after all, the opportunity has come out. As long as gold continues to fall next week, find a point and start flipping more. As long as the position is sufficient, the profit of gold is also very huge.

Now Chen Fan's biggest worry is whether he should increase the leverage. The gold made by Zheng Xiaopang has a leverage of 20 times.

Now Chen Fan feels a little short of money, what should he do if he needs more money, so now he wants to adjust the gold leverage to 50 times to fight for it.

(End of this chapter)