legendary trader

Chapter 354 Chapter 355
The Nasdaq fluctuated around 2330 points. Chen Fan couldn't do anything right now, and he didn't want to do anything. Looking at the erratic market trend, let's continue to wait and see to see if the market is really going to end the adjustment and resume its upward trend.

The market was excited by the more than [-]-point increase of the Nasdaq, and the entire rice stock market experienced a wave of surges. However, as the enthusiasm dissipated and the market calmed down, many funds that were previously affected by optimism began to withdraw quietly. A buy order placed in the market but not executed.

The market trend is too weird. The skyrocketing and plummeting trend itself shows that the market has not determined its direction. Before the direction of operation is determined, for these veterans who are familiar with the laws of market operation, it is better to wait and follow the trend to enter the market. Live long, even if you lose a lot of profits.

As more and more investors calmed down and began to leave the market, the stable trend formed by the Nasdaq near 2330 points began to show signs of instability, and the long funds in the market also spent too much money before, and now they are also I dare not continue to invest, and even many people choose to cash out with small orders at this time, not for the short-term price difference, but for the return of sufficient reserve funds.

The man with glasses was sitting in front of the computer feeling a little depressed. Although he had already made money and escaped, seeing the Nasdaq rising so strongly still made him very uncomfortable. Maybe he was a little jealous.

Previously, the soaring Nasdaq index activated some dejected colleagues. The glasses man also heard it from a few words. They seem to have transferred their positions to the rice stock market, whether it is the stock market or the futures index. It seems that they are very interested in rice stocks now. , and it is a strong long.

However, the following trend began to make the man in glasses worry about gains and losses again, because the Nasdaq began to pull back after the skyrocketing. Although there are signs of stabilization for the time being, but after years of experience, the man in glasses can still see signs of weakening in the market at a glance.

Is it time to go short again?
The current index price is only [-] points higher than his closing price, and he can enter the market again. The man with glasses looks at his position. At present, there are only some empty gold orders, and the quantity is not much. He didn't wait for the selling point in the early morning. He left and just placed a few orders at several prices. As a result, the gold price only touched his first short point and then fell again. He lost the opportunity to continue to increase his position. The current gold price is no longer suitable for continuing to increase his position up.

The man in glasses scratched his head in embarrassment, and wanted to continue shorting the Nasdaq futures, but he just closed his position. To be honest, every time he shorted the Nasdaq, he felt a little nervous and lacked confidence. Rising seems to be a routine, unless there is an unexpected event, the trend is always rising.

I have already made a fortune shorting the Nasdaq, and I have already made up for last year's losses. Should I continue to short or what?
The man in glasses was deep in thought, but the market would not wait for him to recall. After the Nasdaq struggled for a few minutes around 2330, the buying orders in the market finally couldn’t withstand the pressure of selling orders, and the Nasdaq began to fall slowly. Afterwards, the Nasdaq fell to near yesterday's closing price, and the shrinking trading volume showed signs of increasing again. The bulls seemed to intend to continue to resist here.

The NASDAQ dropped by more than ten points in a daze, and the man in glasses withdrew his thoughts. The trading room gradually quieted down as the NASDAQ fell. The previous remarks about regaining its upward trend after stabilizing at 2330 points disappeared. Other traders At the moment, I am a little nervous watching the market trend.

The man with glasses is also struggling at the moment. He doesn't know whether he should enter the market again to short, but now the market trend seems to be showing signs of reversal.

But if you enter the market now, if the previous funds come again, then you will definitely die miserably short.

Tangled ah.
Just as the man in glasses struggled, Nazhi gave him direction.

Around 2320 points, the market showed some signs of stabilization, but in the end there was not enough buying support. Although there were not many selling orders at this time, the index still fell below the closing price and continued to decline. The next position that may form support for the market Only the integer mark of 2300 points is left.

"Is the Nasdaq really going to be smashed down? Where can it be smashed? Will the funds that entered the market before see the previous efforts go to waste? Or they themselves hope that the market will fall, so they can build positions at a lower point? "A lot of questions lingered in the glasses man's mind. He didn't know the answers. At this time, he had no intention of entering the market. Whether it was short or long, he didn't think about it anymore, and felt that his mind was very messed up.

The Nasdaq continued to decline and gradually approached the integer mark of 2300 points. The Nasdaq futures also began to fall due to the weakening of the stock market, but they still maintained a consolidation above 2350 points. Obviously, the bulls in the futures market are still strong, far exceeding the bulls in the stock market strength.

"Let me tell you, Xiaofan, the March contract price is about to fall back to 3. Should you give the trading team new instructions to continue opening positions or temporarily?" Zheng Xiaopang has been staring at the futures index right now. , Seeing that the futures index was approaching 2350 points again, remembering what Chen Fan said before, he said that the order should be clearer, after all, the market was too strong just now, and he felt that the Nasdaq would end its adjustment and go up again, but now it seems a little optimistic a little bit.

"Do you think you shouldn't increase your position now that it has fallen?" Chen Fan asked in surprise.

"The market trend is unstable. It seems that the stock market is going to fall. The wave just now may be just a strong rebound, but the height is a bit unexpected." Zheng Xiaopang looked back at Chen Fan and said seriously.

"Well, the wave just now was indeed a bit strong. If we can't hold at 2300 points," Chen Fan shook his head and didn't continue talking, but nodded after thinking about it, "It's not bad to suspend opening positions. Let's talk about the situation."

After speaking, Chen Fan gave an order to the futures trading team: suspend trading.

In just a few minutes, the Nasdaq has fallen to 2300 points, but from the disk, there is still no buying into the market. Chen Fan can't help but widen his eyes, which is very strange. Could it be that the main force of the market is just doing that wave of rebound? Don't plan to make another shot after closing the gap?

However, the market soon gave the answer. The Nasdaq did not encounter any resistance near 2300 points. Maybe the bulls in the market did not dare to take action when they saw that the new funds had not taken action before. The Nasdaq fell so easily. Broke the integer mark of 2300 points.

As the threshold was broken, more and more investors began to feel the bad trend of the market. Perhaps it was some investors with relatively heavy positions, or for other reasons, more and more investors began to sell stocks in the stock market. .

In fact, the Nasdaq did not fall back quickly this time, but with the gradual increase in selling orders, the bottom buying has been missing for a long time, which further increased investors' worries. The avoidance began to speed up.

"Damn it, the fall has accelerated." Zheng Xiaopang cried out after seeing this situation.

"Calm down, the stock market didn't crash." Chen Fan thought about it, and even joked about it.

"At what point do you start to increase your position?" Zheng Xiaopang was interested in this point.

"Looking at the situation, the market is bound to go up, but this turbulence is really too exciting and unexpected." Chen Fan shook his head, expressing that he didn't know what point the market would stabilize, so he had to wait and see.

"Why did it fall again?" Qi Qinghua frowned and said to Mr. Li in the core trading room. Although the previous sharp rebound in the market was beyond their expectations, the rise in the market still let them all breathe a sigh of relief. At least their current positions are still stable. There are quite a few. Although the profits from empty orders have been consumed a lot, the losses are actually small after offsetting each other. After all, Jinxin's funds are mainly concentrated in rice stocks, and the profits from the rising stock market are considerable.

Mr. Li is actually full of question marks at this time. He doesn't understand what's going on in this market. If there is a strong rebound before the wash, it will be too strong.

"I don't understand." Mr. Li just shook his head in response to Qi Qinghua's question.

"Xiao Yang, what do you think?" Qi Qinghua had no choice but to ask the people in the trading team.

"It can only be said that the volatility is severe, but the direction of the stock market is really confusing. I can't understand it at all, so I can only wait." Xiao Yang turned around to answer Qi Qinghua's question this time.

"Then how do you judge the funds that started the rebound in the previous market?" Qi Qinghua continued to ask.

Xiao Yang didn't answer right away, but looked at his colleagues around him. Everyone seemed to have made eye contact before saying, "It should be new funds entering the market, and the size of the funds is estimated to be quite large."

Then I thought about it and continued: "But this may cause the market to continue to fall, because since they have a large amount of funds, they will definitely not continue to enter the market at a high level. The previous buying is likely to become a market in the next time. If there are short sellers, they may take the lead in smashing the market and hit a low price to attract money."

"The probability of smashing the market to attract funds should not be very high, and now the market is likely to crash the market." A trader next to him suddenly interjected at this moment.

"Suppressing the market should be possible, but not smashing the market." The traders around him also echoed, there seemed to be a small disagreement in the team here, and soon several people got together to discuss in a low voice, but they all looked back from time to time Look at market trends.

"Is there any difference between pressing the market and smashing the market? Aren't they all falling?" Qi Qinghua was a little confused, and asked in a low voice to Mr. Li beside him.

"I can't find out the meaning, but the operation method is different." Mr. Li replied in a low voice, "The pressure we talk about generally prevents the market from rising, and the corresponding stock market may be sideways or slowly falling, and the pressure on the market is directly facing the floor. The price goes, the harder it falls, the better.”

"They mean that the rice stocks may be consolidating here for a long time and cannot rise? What Xiao Yang means is that the market may be smashed down and quickly bottom out?" Qi Qinghua understood the meaning a little bit, but he was still not sure, so he continued asked.

"That's pretty much what it means." Mr. Li nodded upon hearing that.

When Qi Qinghua was thinking about these two possibilities, to be honest, neither of these two results satisfied her, but she had to think about what to do next.

"Don't worry about it, the market has been smashed." Mr. Li said suddenly, shaking his head while talking.

Qi Qinghua looked up at the TV when he heard the words. The trend line of the Nasdaq began to fall rapidly from around 2290 points, and the falling angle continued to increase. This is the rhythm of diving.

The traders who were still discussing at this moment immediately returned to their positions.

"Ready to open a position", the voice of Xiao Yang, the leader of the trading team, came out.
In their external trading room downstairs, the man with glasses was so regretful that his intestines were green at the moment, watching the trend of the Nasdaq from falling to finally diving, in a little over half an hour, the price difference of dozens of points flew away.

Seeing that the Nasdaq easily fell below 2280 and 2270, a thought suddenly flashed through the mind of the man with glasses.

"Will the NASDAQ fall below the platform position of 2250 points? Looking at the graph now, there is only one support position left. If it falls below, it will make a new low. After the new low, should it be the end of the game to chase the bulls? "

The man with glasses quickly calculated the possible market trend in his mind and kept deducing, but suddenly a trace of uneasiness appeared in his heart for no reason.

The trend of the market in the past two days is too weird, and it is completely impossible to predict. It is like although I guessed that it may fall today. Except for the main force of the market who single-handedly contributed to the current situation, no one would have imagined that today's trend would be so ups and downs.

The market is completely unpredictable, so should you enter the market to participate?

According to the glasses man's own trading principles, when the market is being manipulated, he should decisively choose to leave the market, because the ups and downs are already unpredictable and completely controlled by the will of the main market traders. It is really impossible to participate in such a market.

Don't talk about asking for wealth and insurance, that is to fool a layman. Traders generally avoid unpredictable markets because the risks are too great.

But the idea that popped up in the glasses man's mind not only shocked him, since the main force of the market wants to make all the funds inside and outside the market think that the stock market is going to fall, is it possible that it is for the last thorough washing of the market? If you know the direction without thinking, that is skyrocketing.
Although he didn't want to admit it in his heart, at this time, after reverse thinking, the man with glasses felt that this was a dishwashing, a thorough dishwashing, and he directed it to enter a new rising market.

many?null?
The man with glasses struggled for a moment, but finally his reason prevailed. He decided to ignore that annoying guy. Since he predicted that the market would go up, he would continue to observe the market changes. The first priority, leave everything else aside, there will be opportunities in the future
The Nasdaq slipped to around 2250, which was the pressure level at the opening, and now it is the last hope for the bulls.

(End of this chapter)