Chapter Twenty-Three: A Millisecond to Beat the Bank of Italy

Conventional financial derivatives trading includes several steps, enter the price, the number of transactions, and after confirming that it is correct, click to open or close the position with the mouse, and then click OK.

And these trading steps, no matter how fast the human hand speed is, also take time, and there will be human errors.

So later, with the development and application of computers, in the field of speculative trading, a fool-like trading tool came out.

One-click shooting.

It can execute different procedures according to different buttons, and solve the problems of entering the price, transaction quantity and confirmation that people need in the shortest possible time, as long as you take a picture of the set button, you can easily get it.

This kind of thing is not particularly new in the future, and any professional trader has probably used this high-tech thing.

Technology can change the times!

Of course, for the traders of Carmandy and Geman, this kind of thing is simply subverting their imagination.

More than a dozen traders, dumbfounded as Kevin Mitnick explained the role of a keyboard, and when they heard that they could also adjust the amount and price of overpriced according to the computer settings, their eyes barely fell to the ground.

What is the concept?

If a 1,000-lot transaction of a financial target is divided into 20 transactions, then depending on the price and quantity, this requires at least hundreds of keyboard taps, and dozens of clicks to move the cursor, and hundreds of mouse clicks to switch the input position and OK.

And one-click shooting, you only need to press a button, and you can solve all problems in one second.

Of course, it's not just a tool for being lazy.

The market is a hedging trading model, if you want to overprice, you must also sweep away the priority of the first sequence of transactions, but in the market, there are people who will buy and sell all the time, if you want to smash the opposite position, it means more money and faster speed.

One-click shooting is simply a tool tailored for this kind of overprice.

If 1,000 lots are divided into 20 different prices and quantities, and are played out in one second, this means that 1,000 lots can be oversold by 20 ticks, and if 500 trades are made, it means that it is theoretically possible to exceed the price by up to 500 ticks.

However, in normal operations, ten times the size of the capital may not be able to exceed the price by 500 ticks.

This kind of thing, if used in a small pool of transactions, is simply a super weapon for slaughtering retail investors.

Why?

If a person who does a trader does not know how to stop loss and take profit, he has been slaughtered by the market many times. Those who survive are more important than their lives for stop loss and take profit.

It is conceivable that in the shortest possible time, the price is suddenly hit to a certain boundary, and those short-term speculators who can't react will be blown up in an instant, and their trading system will only be able to close their positions because of the drastic changes in prices.

The few people present were not stupid, if they were fools, they would not have been transferred over to make a transaction, and they all looked at Mitnik in disbelief, with extremely complicated expressions on their faces.

"Oh my God. Is this true? Can you really do what you say?"

"It's too exaggerated for me to accept. ”

"Oh God. It's a demonic tool. ”

"Oh my God. If the whole world is like this, then we are not going to be unemployed. ”

“......”

In the midst of everyone's gossip, Shen Jiannan strode in.

"Good morning. Mr. ”

"Good morning, sir. ”

"Good morning. ”

“......”

In a series of greetings, Shen Jiannan glanced at the traders present.

"Kevin, I've already told you how to use one-click shooting. ”

"Oh. God, is that true?"

"It's unimaginable. ”

"Of course. We've tested it before, and maybe there are some flaws, but we're sure we'll be able to get it better soon. ”

With that, Shen Jiannan walked to the central trading area.

"Now. Man your posts. Boris, you test it first, and let's see the effect. ”

"Yes. Mr. But we're going to set how many quantities. ”

"Six in a single stroke, set a thousand first. ”

“......”

Deutsche Mark: Italian lira, 1:810.25, US dollar to Italian lira, 1:1200.55.

8:30 a.m., Bank of Italy, Transactions Department.

As the spot market came to begin, Carlo Azeglio Ciampi's heart was on the verge of ringing, and he had never been so nervous in his life as he was today.

Bell Bell Bell –

The piercing warning bell suddenly sounded, and Ciampi had to take a deep breath to suppress the feeling of trembling with excitement because of nervousness, he knew very well that nervousness was superfluous emotions, and it was useless for everything, and only absolute calmness could keep the best state in this invisible war.

Fortunately, it seems that the increase in the discount rate has had an effect, and the lira has shown signs of stabilizing after the brief shock of the market decline at the opening.

Now it depends on the opening of the spot market, whether there will be more selling pressure, if the next spot market selling, this defense battle, the lira still has a chance to win.

Damn, what's going on?

ITL810.25 sells 6

ITL810.30 sells 6

ITL810.25 buys 3

ITL810.35 sells 6

ITL810.40 sells 6

ITL810.40 buys 5

ITL810.45 sells 6

ITL810.45 sells 6

ITL810.50 sells 6

ITL810.55 sells 6

......

......

ITL812.45 sells 6

......

Suddenly, a series of red numbers emerged on the deitl, like desert locusts passing by from the sky, dense, so many that people's eyes could not count the specific numbers at all, just the blink of an eye, the original Deutsche Mark to lira with red and green transactions, all were drowned in the red ocean.

Selling, all selling.

All are sold with the number of 6 lots.

Fast, too fast. Approaching the 6 after the transaction price is like standing still.

If it weren't for the densely changing prices, everyone would have thought that the transaction below the handicap would be fixed.

Qian Pi was stunned.

Looking at the uncountable array of numbers on the screen, he even forgot what he was supposed to do.

Qian Pi was stunned, and the traders present were also confused, they didn't even understand what was going on, the deitl had already become 813.75, and if it weren't for the nearly ninety-degree pouring lines on the chart like a waterfall, they wouldn't even believe their eyes.

Damn it.

What's going on?

"What are you doing in a daze!"

Qian Pi is the governor of a country's central bank, and his mental quality is much higher than that of ordinary people, and in the blink of an eye, he finally realized something, and couldn't help but roar.

All the traders woke up from a dream, and under the roar of the chief trader and the head of trading, who were also awake from a dream, they frantically tapped on the keyboard.

ITL813.75 buys 100

ITL813.55 buys 100

.......

ITL812.45 buys 100

......

With the entry of a large order of 100 hands and 100 hands, the price of the lira was quickly pushed up to 811.35, I don't know if it is because of the purchase of nearly 10,000 hands to make the bears feel more strong will of the bulls, when the price returned to 811.15, even if the Bank of Italy stopped continuing to buy, the market did not have much volatility.

811.15 Buy 1

811.15 Sell 1

811.15 Buy 1

811.15 Sell 1

......

The red-green staggered transactions and the barely unchanged prices are like the previous scene was all an illusion.

If it weren't for the super white candlestick and the super black candle next to each other in the 1-minute candlestick, if it weren't for the fact that there was a deep abyss V between the charts, it was silently telling everything.