legendary trader

Chapter 760 Chapter 761
The rice stock market fell for two consecutive days on Monday and Tuesday, and the Nasdaq plummeted by more than 300 points. After the news came out, it was explosive enough.

The weekend program only analyzed the future trend of the rice stock market. Although at the end of the interview, most of the guests added the words that the rice stock market has risen too much and the risks are high, but to be honest, they really did not expect this week The market will behave like this.

However, this is also a good news breaking point. In fact, many people have predicted the market drop on Monday. After all, rice stocks are such a piss, and they will pull back after rising for a while. Can it be an exception if it hits 5 points.

But the acceleration of the decline on Tuesday was different. The performance on the key market was very ugly. The strength of the bulls in the market was almost completely suppressed by the bears throughout the day, and they had no ability to resist, which seemed to expose the weakness of the market.

On Wednesday afternoon, Chen Fan got the latest media feedback statistics from Zhang Quan. The media trend seemed to have shifted 120 degrees in one day. The main reason for the lack of 180-degree reversal was that the adjustment time was only two days. Those analysts who participated in the program I'm not a fool either. There were cases where the rice stock market adjusted for two or three days in a row before, but this time the correction is deeper. You can talk about risks but you must not turn your face immediately.

Zheng Xiaopang was also muttering to Chen Fan when he saw the information, "What do you think about the market outlook? Judging from yesterday's trend, the main force in the market recently should be those hot money, but when the market is under pressure, these funds are very cautious. It also seems to be full of concerns about the market."

"You'll know after tonight."

Chen Fan had an idea, but he didn't say it out. He knew the market's cards and where the market's high point would be in the short term.

"It should rebound tonight. If it doesn't rebound, it will really go bearish."

Zheng Xiaopang sighed lightly.

"Actually, one point in these reports is correct. The market turnover has indeed increased significantly in the past half a month or so. However, they said that it was caused by the rush of new funds entering the market outside the market. This is worth thinking about."

Chen Fan continued casually flipping through the documents in his hand, and said casually.

"Shipping?"

Zheng Xiaopang exclaimed.

"Is it that surprising? We are doing the same thing ourselves, and Qualcomm has been increasing its volume."

Chen Fan glanced at Zheng Xiaopang, and said with a smile on the corner of his mouth.

"By the way, you said that you accompanied Sister Ying to the hospital for an examination on Monday, why didn't you ask a private doctor to come to serve you?"

Zheng Xiaopang suddenly changed the subject.

"My family refused to let me go, saying that going to the hospital will feel different, but the month is old, as long as I don't use the machine to check, I will arrange for a doctor to come directly to the door for service."

Chen Fan smiled, thinking of having a child, although he didn't know if it was a boy or a girl, Chen Fan still felt a little excited, but he didn't know where the excitement was.

Perhaps it was because he had been out of school for too short a time. In just over two years, he had changed too much. He hadn't fully adapted to the role change from a child at home to a father.

"I had a phone call with Zhang Yang two days ago, and he said that he plans to get married by the end of the year."

Zheng Xiaopang said suddenly.

"It's July and August over there?"

Chen Fan asked about Zheng Xiaopang's arrangement, and the boy said that marriage should be the earliest, and now that he has children, this person has not yet married, the action is really good enough.

"September."

Zheng Xiaopang said, but his face changed slightly.

"What? I see that your expression is wrong."

Chen Fan noticed the change in Zheng Xiaopang's expression, and asked casually.

"Just thinking about it makes me a little nervous."

Zheng Xiaopang said with a sneer.

"Didn't I tell you before? I was dizzy on the day I got married, and I was a little nervous the day before." Chen Fan shook his head and laughed softly, "It will be fine after that day, everything will be fine. Nothing has changed."

"The yacht has arrived at Jinmen Wharf. When the wedding is over, I will take Xiaomeng on the yacht for vacation. Hehe, just think about it."

Zheng Xiaopang laughed as he spoke, the previous tension seemed to have disappeared, and thinking of good things naturally threw away the previous worries.

Although the market has just experienced a sharp drop on Tuesday, and the Nasdaq directly plummeted by 4.09%, the index has opened higher on Wednesday night, and it seems that the market has not been affected by the continuous decline in the previous two days.

The Nasdaq opened at 4758.44 points, 52 points higher. This higher opening point is relatively normal, and it seems to indicate that the market is about to complete this round of adjustment.

Qualcomm opened higher at 63 yuan, and rose by 0.44 yuan at the opening, which is not much and just right.

What really surprised Chen Fan was Oracle, which directly opened at a price that Chen Fan had never dared to imagine, 42 yuan, which was Oracle's opening price today.

When the opening price of the Oracle software came out, Chen Fan called He Li and others to let them see what happened to the opening price of the Oracle software today. It was really unexpected.

It was smashed like a bird by Chen Fan in the market yesterday, but today it directly appeared at a record opening price.

"can't read."

He Li and the others shook their heads when they saw it, expressing that they didn't understand the purpose of the banker's operation at all.

This price is definitely not determined by market forces, and the buying order should only come from the dealer.

Chen Fan frowned and listened to all kinds of opinions from the people in the room, he could only shake his head, making no worthwhile guesses.

Some say it may be for the purpose of repairing technical indicators, and some say that the dealer may have received financial support, so he intends to face the hard steel before the market crash.

But now that the opening of the market is just around the corner, there is not much time to find the answer, and the opening strategy must be determined immediately.

The two laptops have been turned on, ready to be used for trading, but Chen Fan still hasn't made up his mind to take action.

It seemed a bit silly to use the automatic trading program yesterday. Chen Fan was a little hesitant to continue using this thing today. Although he was ready, Chen Fan still didn't want to be found out that someone was using a machine instead of a human to trade in the stock market. scale transactions.

There was already an organization in China doing it before, but according to the information I heard later, that company just tried it out, but the result seemed unsatisfactory, and it has been idled, at least until now, it has no intention of restarting.

"Both are still turned on, and the transaction is set to less than 5 shares, [-] transactions per minute."

Chen Fan said to Zheng Xiaopang that if he set it up, this has already halved yesterday's usage, and I feel that this speed is more in line with the characteristics of the market.

"Is it a little less?"

Hearing Chen Fan's arrangement, Zheng Xiaopang questioned: "Now the opening price is 42 yuan, and there must be a lot of transactions after the market opens immediately. It seems that we don't need to pick and choose to trade."

Hearing Zheng Xiaopang's words, Chen Fan seemed to have a sense of enlightenment. Previously, his mind was still stuck in the consciousness that yesterday's transaction was a little reckless and might be exposed, but today's situation is different. , the trading volume will definitely explode in a while, so there is really no need to worry about anything.

What is the dealer's intention?
Chen Fan was still a little hard to understand, but he had no time to think, and Zheng Xiaopang urged again.

"The upper limit of 2 shares is 50 transactions per minute. After half a minute, it will be adjusted to 40 transactions. If there is any change at that time, I will report it in time."

Chen Fan didn't think about it any more, and said directly.

In fact, their conversation also clearly told the traders in the room what they were up to. Chen Fan reckoned that they should have some guesses, so they didn't hide it this time.

"Is this the automatic liquidation program used by the risk control department?"

He Li asked in surprise at this time.

"Yes, it was originally an automatic trading program used by the futures company to control risks. I asked someone to change it, and it can be traded freely. In many cases, it can replace manual operations, which saves effort."

Chen Fan said.

"Oh, I see. Someone mentioned that thing before, but the effect after using it is very bad. It is completely mechanically shipped, and the operation cannot be freely modified as the market changes."

He Li said, "If it is still available in the short term under specific market conditions at a specific point in time, it is indeed very fast to place an order."

Chen Fan didn't say anything more about the automatic trading program. He bought this thing at first to save effort, and later he continued to find someone to upgrade it. At that time, he also wanted to be a fund, thinking that a computer + automatic trading program could be used for stocks or The quantitative management of other investment portfolios is adjusted in a timely manner according to market changes, without manual participation at all, saving time and effort.

Later, in the process of using it, I found that continuous unilateral orders are placed, because the order is fast enough and not affected by emotions, it is easy to affect the market and affect the emotions of other market participants. In short, step by step until now, all upgrades several times.

Soon, the rice stock market opened, and Zheng Xiaopang also activated the trading robot at the opening moment.

"Xiaoye, your side is still in yesterday's mode. If there is a big buy order below, you can sell tens of thousands of shares appropriately."

Chen Fan told the trader Xiaoye that after all, he specialized in Oracle software, and he could watch the market changes while he watched the market without any operations.

He Li and the others naturally went back to operate Qualcomm. Chen Fan, Zheng Xiaopang, and Xiaoye were all focused on the changes in the Oracle software.

Not surprisingly, the stock price of Oracle Software fluctuated violently at the opening, and the stock price rose little by little amid the huge number of buy and sell orders.

At this time, the sell orders appeared crazily, and the buy orders were also very scary, with large orders of [-] shares or [-] shares raging the market.

The crazy trading went on for less than a minute, and the selling orders in the market began to decrease. At this time, Zheng Xiaopang was also constantly fine-tuning the settings. At this moment, the two trading systems have been reduced to 1 transactions per minute, and the upper limit of each transaction is 30 shares.

After the Oracle software disk burst out a huge amount immediately after the opening of the market, because the stock price was supported by buy orders, it continued to rise, attracting a large amount of funds to follow up, and it is obvious that the bulls have an absolute advantage.

Chen Fan is also not sure whether the dealer is trying to attract a follower to ship goods or whether he is really planning to go up. To attract a follower is not worth the loss, so at this time, Chen Fan is more inclined to think that the dealer is planning to go up, although I don't know why I chose today, but I have to know that yesterday was badly smashed.

But it doesn't matter, Chen Fan knows that this stock can't go much higher, it's very close to the peak, so the shipment is also unscrupulous, and he doesn't want to cover up too much, as long as the stock is sold out, he will die anyway.

After the stock price of Oracle software fluctuated and rose to 42.5 yuan, the selling orders in the market gradually became dense again, and it seemed that it had entered a pressure level again, and many investors chose to ship here.

This time, the main force of the market did not continue to resist the stock price, but began to retreat slightly, and soon a large number of selling orders were piled up around 42.5 yuan.

"Is it more aggressive selling?"

Zheng Xiaopang asked again, before the stock price rose to 40 yuan, it started to ship slowly, and after 41 yuan, it went out in a big way, and now it is 42 yuan, so there is no need to be restrained.

Chen Fan stared at the board. At this time, he couldn't see how many sell orders were around 42.5 yuan. He couldn't figure out why the dealer was pulling so hard, and what was the purpose of attracting a million shares of sell orders.

At this time, it seemed that he had a flash of inspiration, and some of Qualcomm's previous experiences came back to his mind. Could it be that there are good things coming out, which can support the stock price to continue to rise?

But soon Chen Fan shook his head. Now that the height of Oracle software is not much, even a [-]% increase is impossible, so even if it is favorable, it is not enough to support the stock price performance.

"Wait a little longer, it always feels wrong. With so many sales orders coming out today, the dealer always wants to give an explanation. I don't know if he wants to eat all the orders from others."

Chen Fan said casually, but after the words came out, he felt that he wanted to go wrong. With such a high point, why should he eat other people's goods? It is absolutely impossible.

At this time, it seemed that a glimmer of understanding came to mind—the banker was creating a fraudulent line.

The purpose of the crazy feint may be to attract payment and shipment.

The reason for such crazy operations is to give other people in the market a false impression that the banker has a well-thought-out plan, and there must be news behind them that they don't know.

You must know that I have thought about this aspect just now. If it is not because I know that this stock will not rise high, I may have really fallen into it at that time, but what about other investors in the market?
They don't have their own abilities, and there is a high probability that they will think in that direction, and then fall into betting on the illusory news.

After I figured out this section, the key is now that I mainly focus on shipping, so I immediately changed my mind and said to Zheng Xiaopang: "Increase the number of stocks shipped, adjust to the upper limit of 3 shares, and don't move anything else. "

"Xiaoye, if you see that there is a big bill down there, just smash it."

Chen Fan gave another order to Xiaoye before shutting up, and continued to stare at the disk of the Oracle software.

As this room issued larger sell orders to the market, Oracle Software's 42.3-meter yuan defense line that had just stabilized began to be in jeopardy. Hundreds of thousands of shares at the 42.3-meter yuan purchase price hit Xiaoye with several tens of thousands of shares in succession. The air raid on the sell order was reduced by more than half in an instant.

However, the remaining sell orders were directly swept away by a sell order of more than 20 shares before Xiaoye issued a new sell order.

(End of this chapter)