legendary trader

Chapter 37 Chapter [-] Closing a Position with a Profit
Before the market opened on Thursday, Chen Fan glanced at the latest news.

"Bricks Predict Africa's Drought May Continue", what the hell is this?

Looking at the news headline, Chen Fan was a little surprised.

Are the corn bulls really planning to pull up and close their positions?Or why he spared no expense to create public opinion, Chen Fan was a little uncertain.

It is said that the market is already very strong, and there is no need to build momentum to close the position and leave the market. The more this is the case, the more panicked Chen Fan is, regretting that he did not continue to close the position last night, and made up his mind to close at least [-]% of the position today, so as not to be short-changed Message hit.

After all, the ability does not show that the 03 contract will rise, although it may only rise slightly or go sideways, but what if it falls.

As soon as the futures market opened, Chen Fan realized that the market was indeed getting stronger, and many funds that didn't pay much attention to corn were also trying to build positions.

The role of news is still very important. In the future, I also need to have this kind of relationship to help the platform to promote at critical moments.

Moreover, the hype of Donghai Warehousing also requires the media to come out to charge and shout for themselves.

玉米01合约开盘直接就开在1970元，看着100多手的挂单陈凡也第一时间打出“1970多平50手”.
Under the continuous sweep of multiple orders, Chen Fan closed positions continuously, which was smoother than he imagined. Chen Fan didn't find anyone competing with him for orders. It felt like a long market, and he could close positions any way he wanted.

Thinking that there will be big moves in the future, and for the sake of safety, Chen Fan still followed the previous idea to close the position along the way.

1975多平30手……1978多平50手……1980多平50手……1982多平20手……

He played 1600 hands in half a day, and Zheng Xiaopang, who was watching the market cheerfully, was completely fooled. He didn't know what Chen Fan was up to.

Zheng Xiaopang also knew that Chen Fan was sometimes a neurotic knife, and he thought of it as soon as he thought about it, but it looked like it was money, so he just slipped through his fingers.

Seeing that Chen Fan didn't intend to stop before the market closed, he couldn't bear it anymore and asked, "Fan Shen, save some, it's still going up now. After 2000 yuan, let's get out quickly, okay?"

Chen Fan was unmoved, and continued to hang up the liquidation order, seeing Zheng Xiaopang tearing up, wanting to cry but not crying.

By the end of the afternoon, Chen Fan had closed over 1981 lots at an average price of 3800, 4300 lots had been closed in two days, leaving 1200 lots unclosed.

At night, when Zhang Yang returned home from a business trip, he was startled when he saw the tearful Zheng Xiaopang, thinking he had lost blood.

When Zheng Xiaopang talked about the matter, Zhang Yang became excited.

Last week, the company arranged for Zhang Yang to follow the people from the marketing department to visit several large copper companies in China. He didn't pay attention to the changes in the corn contract price, so of course he was relieved of them.

This is a big deal, a big profit.Zhang Ping hurriedly called Zhang Ping, who had gone to play with friends, and briefly explained the matter on the phone, and Zhang Ping was also excited.

During the few days when Zhang Ping opened the warehouse, he would come to see him every day, or call him to say hello.

But after a long time, he became lazy and stopped paying attention, leaving Chen Fan and Zheng Xiaopang tossing about, thinking that by then, he would just count the money.

Unexpectedly, such a surprise suddenly popped out of Zhang Yang's mouth.

He interrupted happy directly and rushed to Chen Fan, trying to figure out how much money he had made.

At night, several markets in Europa also opened one after another, continuing to rise from the previous trading day.

Chen Fan kept silent and continued to close the small order. Zheng Xiaopang saw that persuasion was useless, so he just sat and watched, and stopped talking.

Zhang Yang and Zhang Ping watched the tape happily, joking and joking from time to time to enlighten Zheng Xiaopang.

The remaining 1200 lots were all closed at 1986 yuan in one night. Only then did Chen Fan frowned and turned to look at Zheng Xiaopang and said, "Little Fatty, you have been here for so long, but you didn't realize that the market has changed from this afternoon to now." Change?"

Zheng Xiaopang said heartily, "I don't care how the market changes, I only know that I lost my money."

But he still said, "What's changed, nothing changed." He looked at the computer screen again.

Chen Fan pointed to the transaction column, "The price is very firm, isn't it? The price is still rising, isn't it? You see, this one is more even, and so are these few. This is double even, and they are all closed orders."

"From this afternoon, some people are quickly closing their positions and leaving the market. I originally planned to leave thousands of long orders to see the market in the next year before thinking about it. However, this long position was closed too quickly. I was worried that something would happen later, so today it is all closed. Cang, this long vacation can be fun."

"Little Fatty, you need to read more and summarize more. Now I can handle the money alone, but in the future, if you don't help me bet the bill, I will be busy."

After checking the transaction details, the average price was more than 1980 yuan, and 5500 lots of corn 01 contract futures were closed, with a profit of 1166 million.

At this time, Chen Fan felt a little pity again. He should use [-]/[-] of the position or even higher. This is all profit. I hate the short seller's non-resistance strategy, which made the old man want to kill the enemy and was powerless.

Now that there are more than 3000 million in the account, Chen Fan transferred a fraction of 66 out of [-] to distribute dividends according to the proportion. He only has tens of thousands in his hand.

Chen Fan divided more than 48 yuan, Zheng Xiaopang took more than 16 yuan, and the remaining 6 yuan belonged to Zhang Ping and Zhang Yang.

Seeing that there were more than 50 in the bank card, Chen Fan felt a little itchy.

I have been coveting Zheng Xiaopang's wristwatches for a long time, and a good watch is standard for a successful man, so I asked Zheng Xiaopang what kind of watch should be suitable for our rank.

Zheng Xiaopang frowned, and asked doubtfully, "Aren't you not wearing a watch?"

Chen Fanxin said, at this time and at that time, buddies are rich now, didn't they know nothing before.

But you can't say that, "Little Fatty, I think it's a bit awkward to use a mobile phone to check the time now, so you plan to wear a watch to make it less conspicuous."

Zheng Xiaopang gave Chen Fan a blank look, and said to himself that you still don’t want to show off. After thinking about it, he said: “These are the well-known brands, such as Vacheron Constantin, Blancpain, and Feida Belle. Cartier and Rolex are more popular in China now. This type is generally used by local tyrants. Do you want to be a local tyrant or something?"

"Vacheron Constantin sounds like a good name. It's a bit expensive. How about that watch?" Chen Fan thought he should buy it based on his feeling. Anyway, he didn't understand it. He just had some money and wanted to pretend.

Zheng Xiaopang thought about it and said: "There is a directly-operated store on the sixth floor of the International Trade Building on Jianguo Road. You can take a look at it when you have time. The price is a bit expensive, but as a rich man, you can still afford it."

The next day is New Year's Day.In the afternoon, Chen Fan asked Liu Ying to drive to the China World Trade Center.

In the afternoon, I went in with Liu Ying and didn't come out again. I went up one level after another.

It was winter, and Chen Fan and Liu Ying were wearing down jackets. Looking at the store's dazzling array of products, Liu Ying couldn't move her legs.

Chanel, Louis Vuitton, Dior, and Versace shop after store, Chen Fan felt that his leg was about to break, and he couldn't understand why a woman is so obsessed with clothes, bags, and perfume.

Looking at the price of thousands of yuan or even tens of thousands of yuan, Chen Fan really felt that it was not worth it.

Fortunately, Liu Ying was only curious about these things and had no intention of buying them.

After shopping around for a long time, I only bought a down jacket for myself and Chen Fan. I originally planned to buy another windbreaker for Chen Fan alone, but in the end, I bought one for each of them.

The result of shopping all afternoon was two sets of clothes for one person, and the two slowly walked up to the sixth floor.

When I got to the sixth floor, I found something wrong. I usually knew that it was some luxury goods. Liu Ying was scared away when she came up to see it. It was the first time for Chen Fan to come up.

In addition to Vacheron Constantin's directly-operated stores, there are also watch stores such as Philipa Belle, Blancpain, Piaget, and Cartier. Chen Fan intends to look around and see if there is any watch he likes to buy.

Walking into the magnificently decorated Piaget watch direct sales store, looking at the products displayed in the glass cabinets, Chen Fan felt that his eyes were not enough.

Watches are like that, but this watch has diamonds, rubies, emeralds, and agate stones and whatnot.

In the past, Chen Fan’s cognition was famous watches. The dial was gold, the case was gold, and the strap was gold. The whole thing was just the gears inside the gold package. The appearance was more fashionable, the workmanship was finer, and it had to be equipped with a glass cover that shone when exposed to light. , The time is not important, what is needed is to catch people's attention, just attract the attention.

I gradually realized that I was a little superficial, and looked at Earl's promotional poster: "In 1874, Georges Edouard Piaget started with movement production." It's just what the hell, the old watch factory more than 100 years ago is still so moist today.

"Dedicated to the research of complex movements, while developing the design of top-level jewelry." No wonder there are various gemstones on the watch. This is not a watch, but jewelry.

Think about what kind of watch Zheng Xiaopang has, let's go there and have a look, if you buy this watch inlaid with gems, you will feel worried that the gems will fall off at any time.

(End of this chapter)