legendary trader

Chapter 337 Chapter 338

With Chen Fan and Zheng Xiaopang buying a lot, the price of the Nasdaq futures March contract fell into a narrow range at 3 points, and the trading volume gradually began to increase. Gradually, some short-sellers couldn't bear it and began to enter the market to suppress the market. , preventing the market from rising.

With the intervention of short-sellers, some long-sellers also entered the market one after another, and finally attracted a large amount of long-short funds in the market to start a duel here.

Of course, the institutions currently involved are only small and medium-sized institutions, and large institutions have not paid attention to this turmoil in the market.

Unknowingly, Chen Fan and the others have increased their positions here by more than 5 lots, but the March contract of the Nasdaq has not been pulled up, and the contract price has remained at 3 points and cannot move.

"The order is too small to be pried." Zheng Xiaopang said to Chen Fan after typing out several orders in a row, "I have been suppressed here for more than ten minutes, and if I don't pull it up, I am afraid that the popularity of the bulls will dissipate." , I thought it would be easy to get up, but I didn't expect so many selling orders."

"For the time being, there is no sign of a strong attack on the stock market. After two rushes to 2200 points, we will lose weight. We dare not let go for the time being, otherwise the bulls may really be dispersed." Chen Fan will be long on the Nasdaq futures, While paying attention to the stock market, I found that the long and short markets in both markets seem to be exerting their strength, but there is obviously a lack of large orders entering the market, and now they are more involved in the game of small and medium institutions.

"Enlarge the order, we can't wait any longer, or you won't be able to increase your popularity, Xiaofan." Zheng Xiaopang said to Chen Fan after placing a few more bills, "Now it should be a big order to increase popularity. Sorry."

"If the price is pushed up now, there may be no such price in the future. Let's wait a little longer. As long as we stay here and the market doesn't go down, it should be fine." Chen Fan thought about it and said, "We're just now Opened more than 5 lots of orders, which is still too little, and no big orders came in to press the market.”

Seeing Chen Fan's hesitation, Zheng Xiaopang was still determined to resist building a position here. He thought about it and said, "If the index fluctuates, don't the short sellers want to push the market down by 2300 points? Let's show weakness for a while and call back to 2299 points." Go for a while and then rush up again, so that the short positions may increase the short orders."

But as soon as he finished speaking, before Chen Fan had time to answer, several large short orders appeared in the Nasdaq futures market, all of which were large orders of hundreds of lots, and all the pending orders at 2300 points and 2299 points were wiped out in an instant. The March contract price was instantly hit to 3 points.

"The short sellers can't take it anymore. Our orders are also enlarged, no more than 200 lots. We should clear the pending orders as soon as possible and restore the price." Seeing that the short sellers seemed to be unable to bear it anymore, Chen Fan took the lead in increasing the selling orders and actively began to suppress the market. At this time, there must be no hesitation in the slightest, and the other party's list must be swept away immediately, otherwise it will easily cause a chain reaction in the market and attract more empty orders.

Hearing Chen Fan's order, Zheng Xiaopang immediately began typing on the keyboard quickly, entering the market one by one and aiming at the order hanging at 2299, but at this moment, the order at 2298 in the market It was also knocked out by empty orders.

After Chen Fan found out that the pending order at point 2298 was smashed, he immediately made up for it. At the same time, he was still thinking about whether to continue to increase the order. The short-sellers who are bouncing around in the market for a while will choose to retreat.

While Chen Fan was thinking, the Nasdaq futures price began to fluctuate more intensely, jumping up and down. The previous transaction showed 2298 points, and the latter transaction may show 2300 points.

At this time, Zheng Xiaopang has directly set the price of the long order at 2302 points, that is, more than a hundred hands of more than a hundred orders are constantly placed in and completed.

Zheng Xiaopang also felt a little soft after quickly entering a dozen orders, and he shook his hands and complained to Chen Fan: "Should we continue to increase the long order, and the short position is now just enlarging the order and smashing the market. We can't continue to hide our strength. Tiring."

"That's fine, go big, but don't just scare the short sellers away." Chen Fan is still a little bit reluctant to rush into the field at the moment, and now is a good opportunity to increase his position. A long order scares away the current short sellers in the market, and the opponent will ask who to pick it up.

Chen Fan and Zheng Xiaopang began to increase the number of orders placed, barely maintaining the market oscillating around 2300 points. Other bullish institutions in the market gradually stabilized from the panic at the beginning, and began to increase their orders to resist the pressure of short sellers. Suppression, the market gradually began to enter the equilibrium state again.

However, at this time, Chen Fan also noticed that among the institutions that have started to act in the market, the short sellers are still very strong. If they hadn't kept opening positions, the market would have been captured by the short sellers.

"Short positions have the upper hand in the market." Chen Fan shook his head and said to Zheng Xiaopang, "It seems that market rumors have had a considerable impact on those institutions, exceeding my expectations, but it doesn't matter, as long as we get through this round, we will start Pulling up the market, the futures will eventually compare with more money, as long as the stock market does not pull the hips.”

After a few minutes of intense bombardment of the market by dense large orders, the short sellers finally began to show signs of weakness in the follow-up, and the speed of the endless short orders gradually slowed down.

However, this market performance did not attract the attention of Chen Fan and Zheng Xiaopang. They would be immersed in placing orders until the Nasdaq had regained the 2300 point before they knew it, and Zheng Xiaopang didn't realize it when he started scanning the 2302 point, " The shorts are defeated, I wipe it."

After saying that, Zheng Xiaopang stopped placing orders, and quickly swung his right hand. He was exhausted from the high-intensity ordering for more than ten minutes just now.

Chen Fan also stopped what he was doing now, looked at it, and then smiled, "I never thought we'd just exerted our strength, and we'd be short."

Speaking of which, Chen Fan turned his attention to the transaction data again, and won more than 1.3 orders, and the transaction volume exploded in the past ten minutes.

Roughly estimated, more than 3 lots were sold in the past ten minutes, and they took on [-]% of the empty orders. "We can be regarded as the main bulls in the market, haha." Chen Fan laughed self-deprecatingly.

"Pursue the victory or secure the position?" Zheng Xiaopang said at this time, his eyes fixed on Chen Fan, hoping that Chen Fan could give the answer he wanted.

"It is estimated that the big shorts will not appear here, and the funds for the end of the game may be at this level. Let's continue to go up." Chen Fan thought for a while and said, "Go up."

"Okay." Zheng Xiaopang replied cheerfully, and immediately began tapping the keyboard again.

The Nasdaq futures contract in March paused for a few minutes at 3 points, and the bulls began to attack again.

"Maintain the previous upward trend, let's push it up slowly." Chen Fan did not forget to add to Zheng Xiaopang, "Don't rush to use big orders to pry open empty orders, give them a little hope."

The Nasdaq futures continued the previous trend and slowly attacked upwards. During this period, all pending orders were slowly swallowed by Chen Fan and the others with double-digit orders. The funds on and off the market just felt that the institutional strength of this hands-on operation was very strong, and they were able to continue Entering the buy order, no matter how short the pressure is, it will steadily push up the futures contract price.

Gradually, the price of the March contract also rose to 3 points, and the short sellers did not take any action here. Perhaps at this time, many short sellers also realized that the amount of funds involved in this move seems to be very large, which is not so easy to deal with. Stand back and wait for a stronger institution to teach them a lesson.

The bears began to give in, while the bullish institutions had a relatively more relaxed atmosphere. Some bulls had already left the market. As members of the bullish camp, most institutions and traders were watching the market in a happy mood, waiting for the market to Launching an upward shock, only a few people who are still adjusting their positions are participating in the transaction. They are either increasing their positions or replacing stocks. At this time, they are also very busy.

The trend of the Nasdaq futures this time, in their view, is nothing more than a trial by long institutions. Such a little bit of price increase, where is the trading method of these large institutions, they are still waiting for the follow-up at this time. Stormy.

As the Nasdaq futures rose, the Nasdaq market also began to be affected. The index began to fluctuate and rise, and soon approached 2200 points again. However, the difference from the previous few times is that the Nasdaq did not touch here. Boiling water, the index continued to rise tenaciously, and soon the Nasdaq rose to around 2203 points. After that, it seemed to be a bit of a dilemma. At this time, the funds in the market were very restrained. Shangxin is waiting for the result of the futures market's long-short battle, and then decides what to do in the stock market based on the trend there.

On the other hand, Chen Fan continued to place small long orders in the market, and continued to push up the price of the futures index. A large number of short-sellers withdrew from the sidelines, and the short orders in the market began to gradually decrease, and the pressure on the futures index also continued to rise. Soon after the Nasdaq futures March contract was pushed up to 3 points, the empty orders above were already very small.

Chen Fan hesitated a little when he saw this, and then looked at the trend of the Nasdaq index, which was in a dilemma. Give in, let's not let people down."

Zheng Xiaopang was overjoyed when he heard this, "Okay, then let's charge once, I've been impatient to do this for a long time."

Chen Fan and Zheng Xiaopang began to increase the number of buy orders, from double digits to three digits, jumping up the price to scan the goods, and the trend line of the Nasdaq futures suddenly started to rise from a slow rise under their sudden change Breaking through, the price of the March contract broke through 3 points with just a few long orders, and quickly broke through to 2320 points. With the continuous entry of subsequent long orders, the point continued to be pulled up rapidly, only 2322 point After a few minutes, it went up to 1 o'clock and rushed to 20 o'clock.

After making a surprise attack on the short sellers, Chen Fan saw that the market was rising too fast, and guessed that the short sellers would not be able to sit still anymore, so he whispered to Zheng Xiaopang: "Just hold on to 2330 points, and see if the short sellers will enter the market." .”

After talking, I started to place long orders at 2330 and 2331, and saw that the buy orders below were empty, and then placed 2329 or 2328 orders at 1 and 2, "It looks good this way, it doesn't look like It looks like a lonely army is going deep."

Chen Fan and Zheng Xiaopang made up orders at 2332, and at the same time, there were no empty orders that Chen Fan expected in the market. Although empty orders appeared from time to time, all selling orders belonged to normal selling in the market. , not concentrated, and not many in number.

After Chen Fan placed the order, he looked at it for a while, and saw that the short sellers in the market were not attacking here, and then turned his attention to the Nasdaq market. The Nasdaq index finally got rid of the 2203 point sideways trend and started to rise The difference between the attack and the Nasdaq futures is that maybe because the Nasdaq was launched, the futures market showed an upward breakthrough trend, so at this time the Nasdaq rose very fast. After venting, the Nasdaq quickly broke through 2210 points and then continued to rise, and soon approached 2220 points, and the upward momentum remained undiminished.

"The Nasdaq has reached a new high." Zheng Xiaopang slowed down his movements at this moment, and turned his attention to the stock market, watching the Nasdaq rising rapidly and said with a smile, "This is a good phenomenon. If the stock market and the The index futures market starts in turn, hey hey hey, short sellers are still playing with wool.”

"You can be optimistic, but you have to be careful. The real main players in the market seem to be inactive, more like they are observing the market as an outsider." Chen Fan said after thinking about today's trend, "But we are now trying to make the market trend beautiful. At this point, I hope they can sell when they see that the market has a higher demand, and they still need a big positive line to confirm the market's upward trend."

"Are we going to settle down now? Look, the Nasdaq is going to pass 2230." Zheng Xiaopang saw that the Nasdaq had risen to around 2228 and shouted, "Are we staying here for too long?" Now, the Nasdaq is about to catch up with us."

When the Nasdaq market was rising rapidly, the Nasdaq futures fell into a consolidation at 2333 points. Without the promotion of Chen Fan and Zheng Xiaopang, the funds participating in the Nasdaq futures market at this time could not continue to push up the price. It is slightly better than the short position. It seems that the futures market is about to fall into the state when it started from below 2300 points. It is very strenuous to push up point by point.

Chen Fan looked at the trend of the futures index, "I think it's good to go this way. The bulls still have a little advantage. We don't need to make a move for the time being. Before the funds for manipulating the market last year came out, we should be a little more cautious in the end, don't rush Busy show it, so as not to be targeted again."

"Then we exposed it when we pushed up the market before." Zheng Xiaopang said a little worried when he heard Chen Fan's words.

"Probably not. Although we entered the market to push up the price, we are actually not very strong. I feel that we should not be noticed." Chen Fan was also a little uncertain, and said hesitantly, "We The performance should be some slightly stronger long institutions in the market, and should not be paid attention to.”

At this time, the Nasdaq index also successfully broke through 2230 points, and the spread of the Nasdaq futures contract in March was only 3 points.

(End of this chapter)