legendary trader

Chapter 294 Chapter 295
Chen Fan listened quietly to Zheng Xiaopang's operation suggestion, and kept nodding his head.

According to Zheng Xiaopang, it is best to divide the funds into two parts, each of which is 5 million yuan, and operate according to 50 times leverage, which is a position worth 25 billion yuan, so even if it is a current price to enter the market, The Swiss franc did not live up to expectations and fell back to the previous low, which is 0.6485. Yes, this seems to have blown itself out, but they can also stabilize their positions because there are still 5 million yuan in the account.

And if the Swiss franc wins, it continues to rise after buying, and after it breaks through the key indicators and is safe, you can use the remaining 5 million yuan to increase the position again to chase the rise. In this way, there is a safety cushion in the up and down operations, which is relatively safe means of transaction.

Chen Fan thought about it for a while and felt that there was no big problem. He would lose the money at most. Fangzheng could also lose money himself now, unlike last year when he didn't have much money. He was a little worried when he was doing things, so every time he You can rest assured that you can do it yourself.

"I said Pang, this plan is not bad, why don't you come to manage it?" Chen Fan looked at Zheng Xiaopang and said cheerfully.

After hearing this, Zheng Xiaopang waved his hands hastily, "It's better for you to come, and I'll give you a hand. It's too brain-intensive to think about market changes."

Chen Fan smiled wryly and shook his head, "Why me, I think your thinking is good, maybe you are the next king of the foreign exchange market."

"I'm self-aware, I can't grasp the point of buying and selling, so you should do it." Zheng Xiaopang still refused to allow Chen Fan to let him take over, and only agreed to be a helper or something.

"Are you flying back to Rongcheng tonight? I don't feel comfortable operating here." Chen Fan thought about it and let it go. He didn't force the fat man to handle the game anymore, so he said casually.

Zheng Xiaopang was silent for a moment, then nodded and agreed, "Okay, I'll ask someone to buy a ticket, and we'll rush back overnight. Do you want to call Zhang Yang and ask him to arrange for people to enter the venue first?"

"Forget it, let's talk about it when we go back." Chen Fan shook his head and refused. This is the last liquid fund. The baby is tight, and he doesn't want to have the slightest risk. It's better to look at the insurance by himself.

Chen Fan and Zheng Xiaopang rushed back to Rongcheng overnight. The phone call only informed Zhang Yang to arrange for the company's driver to pick them up at the airport. After getting off the plane, the two went home separately, preparing to start trading tomorrow. Although the market opportunities are changing rapidly, the actual There are many examples of what appear to be opportunities but are actually pits of fire. There are many such examples, so there is no need to rush.

Moreover, although the Swiss franc is a major currency in international trade, its status is still much worse than that of the rice dollar, Chinese currency, and mark. The transaction is nominally 24 hours a day, but the main transaction volume is actually Still in the Europa trading session, unless there is a major event, the trading volume in the Asian and American markets is actually not large.

After a night's rest, Chen Fan came to the company full of energy. He first went to the trading department to say hello to Zhang Yang, and learned about his arrangements for collecting Nasdaq futures. However, he was still a little disappointed after seeing the transaction data. The market is too poor to buy many orders.

But disappointment is disappointment, Chen Fan didn't show anything else, just smiled casually, "The collection is not bad, let that person stick to it, it's very difficult to buy these forward contracts now."

"It's too difficult. I've been looking at it for a long time, and there are so few pending orders." Zhang Yang nodded with a wry smile on his face, and then asked in a low voice, "By the way, do you have any deals to operate when you come back overnight?"

Chen Fan nodded, "Did you read the analysis from the research department yesterday? This time, we plan to operate according to the analysis report from the research department."

Zhang Yang blinked, "Which breed?"

"Swiss Franc." Chen Fan whispered the trading product, then patted him on the shoulder, "I'm going to the small trading room, just come and find me if you need anything."

Seeing Chen Fan turn and leave, Zhang Yang just mumbled, "Swiss Franc." He shook his head and started to look at last night's transaction data.

Chen Fan came to the core trading room and turned on the computer, and quickly entered the trend chart of the Swiss franc. At this time, the exchange rate of the Swiss franc has risen slightly compared to yesterday, and has risen to 0.6645/0.6648 (selling price/buying price). The price has risen more than 20 points.

Chen Fan looked at the trading account given by Jinxin, and there was still 1.2 million yuan in it. Without thinking too much, Chen Fan directly sent an application for 50 times leverage trading foreign exchange, waiting for a reply from there.

It was faster than Chen Fan imagined, and the confirmation reply was given within a few minutes.

Chen Fan transferred from the trading account to the foreign exchange account, and began to prepare for foreign exchange transactions, but seeing today's trend, Chen Fan was a little bit troubled.

Looking at today's trend, it seems that the Swiss franc will continue to rise, and the current price has begun to flash 0.6652 transaction orders. Although most of the transactions are still at 0.6648, there are obviously many bullish ones, so many funds are sweeping up list.

According to the current international foreign exchange trading rules, one lot refers to an order worth 1, that is, now Chen Fan wants to make one lot of Swiss francs. According to the 10 times leverage he chose, every point of fluctuation is 1 yuan. According to the current If the price is 50, the margin required for each lot is 1 yuan.

At this time, Chen Fan was not in a hurry to enter the market. One reason was that although the transaction column was constantly refreshing the latest transaction data, the transaction volume was actually very small. Obviously, the entry and exit and pending orders are not large, so the transaction price of the Swiss franc will jump a lot, one will be 1, and the next one may become 2 because of a large order.

After observing for a while, Chen Fan felt that the trend of the Swiss franc was indeed very strong, and the market continued to buy orders, which could basically cut off the possibility of buying a large amount below 0.6648, so there was nothing to hesitate to wait for. Seeing 0.6649 (PS : The middle price, buying is generally higher than this point, and selling is lower than this point) then open a position and buy 10 lots.

This order is already considered a relatively large order in the current market. It is not that Chen Fan has not considered using a trading robot to trade, but he has always been cautious and chose to use manual quotations in the first few days. Trading in the foreign exchange market.

There is no suspense, 10 lots of buy orders seem to be a lot, but in the market with relatively frequent transactions, the transaction was quickly completed without any waves, and the transaction return came out soon, and the transaction price was 0.6651.

Without even thinking about it, Chen Fan placed the second order that he had already made. He still opened a position at 0.6649 and bought 10 lots.

He intends to push it all the way up. At this time, there is no trading skill at all, just to make a deal, of course, start to build a position at a low price, and just buy all the way up, because the transactions at 0.6648 have become sparse in the past few minutes, and there is no start. Happened frequently.

Chen Fan started mechanically typing orders, and Swiss francs began to enter the market continuously. Soon Chen Fan found that there were no more transactions at this price. There were more than 20 orders still hanging on 0.6649, not much Considering that I am too lazy to cancel the order, I directly adjust the declaration price of the already made order to 0.6650 and type it out, although this will happen.

He is still not used to trading at the market price, and feels that his orders are all 10 lots, which is a bit big in the current market. Don't rush the price up by a few points at once, or you will lose a lot.

Especially at this time, the trading volume is small. If you trade according to the market price, you may not be able to keep the buying price. You don’t know how many points you have to slide to make a deal, or you should build a position slowly. There is no need to rush up and scan the list.

However, due to the small trading volume, Chen Fan still slowed down the speed of placing orders. He no longer entered the market as quickly as before. Knock in.

After working for a while, the door of the trading room was pushed open. Zheng Xiaopang walked in and quickly ran behind Chen Fan. Seeing that he was already starting to build a position in Swiss francs, he patted him on the shoulder and said, "It's not interesting, running here alone Just open a position and don’t call me.”

Chen Fan chuckled and said, "I'm just a hard worker. What can I say? If you want to make an order, just open a machine and finish. But now the trading volume is a bit small, and buying is slower."

"Damn it, it's all up to 6650, and it's over 20 points." Zheng Xiaopang noticed the latest price of the Swiss franc, looked at the price chart and shouted, "Looking at the posture, it will continue to rise, it can't be You push up the price."

"How is it possible? You still want to manipulate the exchange rate. It's okay to control it for a short time, but is it necessary?" Chen Fan shook his head and smiled.

While talking, Chen Fan didn't wait for Zheng Xiaopang to boot into the system, and set the limit price to 0.6651 and continued to open an order to buy Swiss francs. He thought that the Swiss francs went a bit stronger today, and he had to follow this trend Going down, Europa trading hours in the late afternoon haven't soared for a while yet.

However, at this time, he has no good solution, and the trading volume is small, so he can only buy a little bit to build a position.

But after a while, Chen Fan stopped opening orders, because Zheng Xiaopang started to enter the market to place orders, and Chen Fan also took this opportunity to pick up some bargains, so he could take a rest, so he simply went directly to the webpage to see the information published on the website. News, adjust the above computer to the trend chart of the Swiss franc, so that neither side will delay the matter.

It continued like this until the afternoon, Zheng Xiaopang was as tired as a dog, and the purchase order was only more than 2 lots, Chen Fan happily patted Zheng Xiaopang on the shoulder, "It only cost more than 2 million, brother Keep working hard."

"Don't be sarcastic, Europa will start trading in a while, and the trading volume will probably increase, and then we will see how I sweep up the goods and build positions." Zheng Xiaopang muttered, completely unconvinced, but soon regained his composure Let's take a look at Chen Fan, "I said you have been wandering around the Internet, why don't you come in and trade a few."

"It's not necessary until the time comes." Chen Fan said casually.

"Hey, you traitor, you're slippery enough." Zheng Xiaopang really wanted to spray him with blood.

Soon the Europa market opened, and the amount of Swiss francs increased significantly. The price has risen to 0.6652 (0.6650/0.6654), because the trading volume has suddenly increased. This is not a problem for Chen Fan who is trading at a price limit It's not big, and it doesn't matter when it's not time to quickly enter the market to grab funds.

Continue to place an order to buy at 0.6651. This will still be so frequent, but the number of hands displayed for each order has changed from the single-digit number in the Asian market to the current double-digit number.

Chen Fan said to Zheng Xiaopang: "Our list has also been changed to 15 lots, and we will increase our buying power after entering the peak period. The European market is better, and the transaction will be enlarged after a while."

Zheng Xiaopang nodded, and began to buy at 15 or 20 in turn. Chen Fan didn't care if he saw it. The trader had the final say on placing an order, and they would adjust flexibly according to their own judgment. good thing.

However, seeing that the trading volume had indeed increased, Chen Fan also felt itchy, so he simply entered the market and started trading. However, after making a few orders, Chen Fan was a little surprised, because he felt the market as soon as the European market opened. It seems that the selling pressure on the Swiss franc is relatively strong, and the 0.6652 seems to be a little bit unable to withstand the downward move. Chen Fan frowned and stopped, and looked at the transaction details.

At this time, Zheng Xiaopang also stopped, turned his head and said to Chen Fan: "It's a bit wrong, it seems that the European market is bearish on the Swiss franc, should we close it first and see how it goes next."

"Well, I noticed it too, wait a minute." Chen Fan picked up the teacup and took a sip of water before getting up to store water.

"Help me pour it too." Zheng Xiaopang immediately handed the water glass on the table to Chen Fan when he saw the opportunity.

Chen Fan smiled and took the teacups of the two of them and walked towards the water dispenser. While walking, he wondered whether the entry point of labor and management is a bit high today. Be careful.

He never thought of doing foreign exchange before, and Chen Fan really didn't see much of the transactions in the foreign exchange market, so he was actually not familiar with the transactions here.

It feels like the Swiss franc has something to do with it. It seems that I have bought a high price, and I feel a little uncomfortable. But thinking about the prospect of the Swiss franc is still very good, I feel a little more at ease.

If you continue to think about the effort of going back to the water, it may be related to the 50 times leverage. I have never played such a big one.

When operating rice stocks in the past, the leverage was only enlarged to 5 times, but this time it was directly 50 times. Maybe I didn’t feel it, but I still feel a little worried in my heart.

Chen Fan slowed down the entry orders a little bit, while the Swiss franc sell orders on the European market were still the same as before, with more and more sell orders entering the market, the price of the Swiss franc finally broke away from the rising trend of the Asian market and began to gradually pull back. The buying price changed from 0.6652 to 0.6651 soon, and the momentum was still showing continuous selling orders.

Chen Fan looked up at the monitor of a computer above, and it was showing the exchange rate of several Europa currencies to the rice dollar. After looking at it, the exchange rates of several major currencies to the rice dollar were the same, and the rice dollar began to strengthen. , it seems that this is not a problem with Switzerland, it should be the overall decline in the Europa currency exchange rate caused by the outflow of a large amount of funds from Europa in the short term.

Although he didn't know why this happened, Chen Fan didn't think too much about it. The currencies of the same region may converge in a short period of time, but generally this time is very short. After all, economic development between countries is different. Switzerland Although China's economy is not the best economy over there, the overall economic strength is still very strong. It is estimated that some organizations need a large amount of rice yuan, which leads to the appreciation of the rice yuan.

(End of this chapter)