Two minutes later, at 13:33, the price was beaten back to the 30,910 yuan down limit, but this situation did not last long, the price only stayed on the down limit for less than two minutes, and then a wave of buying pulled the price up to 31,430 yuan at 13:41.

At 13:43, the price pulled back slightly to 31,300 yuan, and then a wave of more ferocious buying appeared, the price was quickly pulled up from 31,300 yuan, and at 13:48, the price has risen to 32,060 yuan.

Subsequently, the price fluctuated back and forth from 31,700 yuan to 32,200 yuan, and the trading volume was sharply enlarged.

This kind of price increase has rarely occurred since the sharp decline that began on October 6.

Li Xin, who had already moved the idea of closing the position over the weekend, saw this anomaly and felt that the price seemed unlikely to return to the falling limit, so he began to gradually close the position when the price came to the 31860 line at 2:20 p.m.

It took him more than 20 minutes to close all the 4,000 short orders in his hand, and the average price of the closed positions was about 31,850 yuan.

After Li Xin closed the position, the net profit in his account was more than 431 million yuan.

Today's K-line chart is a small black candle with a long lower shadow, and the closing price is 31,800 yuan.

Li Xin is now completely relieved.

The more than half a month after the National Day was the most intense and stressful day he had ever experienced. During this period, the price of copper fell the most rapidly, and the profits on his account accumulated the fastest, but the psychological pressure he was under was beyond ordinary people's comprehension.

In a few months, he earned more than 430 million yuan, although this profit was not as much as the profit he made on the shares of Western Copper, but because the risks in the futures market were far greater than those in the stock market, he spent much more effort and pressure on this transaction than when he held the shares of Western Copper.

Yuan Jie, who broke up with Li Xin on the phone on October 9th, had a bad time during this time.

Her mood is very complicated now, her heart is full of resentment towards Li Xin, but looking at the huge profits that continue to accumulate on Li Xin's account, she has to sincerely admire Li Xin's vision and operation in her heart.

This feeling is not only felt by Yuan Jie, the deputy general manager, but also by all the employees of their futures company. Li Xin was a god-like existence in their hearts at this time.

It is said that they are not afraid of not knowing the goods, but they are afraid of comparing goods. As practitioners in the futures industry, these employees of their company are very aware of the relationship between profit and risk in the futures market.

In the process of the plunge of copper metal, not to mention the heavy losses of those customers who were long, even those customers who held short orders before the National Day, most of them basically made a profit after the first drop limit was opened on October 6. Those customers who made a profit on the first limit are only a drop in the bucket compared to the profit that can be brought by the current price.

What's even more unexpected is that those who made a profit on the first down limit, when the second and third down limits appeared, many people felt that the price was ridiculously low and went in to buy the bottom and do long, which not only lost all the profits earned on the first down limit, but also lost all their money in the subsequent decline in copper prices.

As for those customers who did long quilts before the National Day, it was even worse, most of them had the opportunity to stop loss after the 4th fall limit, and the extent of the loss was really miserable.

There are not a few customers who have suffered huge losses, and they have never appeared in futures companies since they left the market with a stop loss at 4 down limits. It is not difficult to judge that it should be this wave of plummeting that has completely destroyed their funds and confidence.

Compared with these customers, Li Xin stands out in the true sense of the word.

More than two years ago, an old employee of this futures company was fortunate to meet Li Xin, who made tens of millions of yuan in a long order on the futures copper variety.

Now Li Xin has made more than 430 million yuan in a short futures copper order, and his divine operation has once again refreshed their cognition.

Those new employees who have been in this futures company for less than two years are even more devious to Li Xin's operation.

Li Xin rarely goes to the futures company, so these people who have not seen him are asking Li Xin who is sacred.

Yuan Jie is no exception, Li Xin's operation once again made her look at Li Xin with admiration.

It can be said that no one predicted in advance that copper prices would fall to their current position, including Li Xin and Yuan Jie.

But what Yuan Jie didn't expect was that Li Xin actually held the short order until the current position before closing the position.

Looking at the huge profits made by Li Xin, Yuan Jie's resentment towards Li Xin gradually dissipated a lot.

She thought to herself: Maybe she was too demanding on Li Xin on October 9th, he is such a persistent and dedicated person. Think about it from another angle, if he hadn't put all his mind on futures like this, would he have been able to make so much profit? Also, if he hadn't been so talented, would he have been so desperate for him? If nothing else, let's just say that the divorced ex-husband, he really wants to stick with him all day long, but can he look up to him?

Thinking like this, Yuan Jie's psychology gradually balanced again, she picked up the phone and dialed the landline in Li Xin's office. But after the phone rang for a long time, no one answered, Yuan Jie had no choice but to dial Li Xin's mobile phone again: "Where are you? Why didn't anyone answer the phone in your office?" Although he had taken the initiative to call Li Xin to reconcile, Yuan Jie's tone of voice was still a little unforgiving.

Li Xin said: "I'm at home. This call is the first call from an outsider other than Xia Xiaona in more than 10 days. Li Xin, who has not been in contact with outsiders for a long time, spoke in a very flat tone, but he was very happy in his heart.

"At home, it's not yet 4 p.m., aren't you going to work today?" Yuan Jie felt very strange.

Li Xin said: "I have resigned from the Southern Group, and you should not call the phone number of that office in the future." ”

Yuan Jie was taken aback: "Resign? Why? Aren't you doing a good job, why do you want to resign?"

"What is done well, just stay there and feel depressed before leaving!" Li Xin said angrily.

"Oh, is something wrong?" Yuan Jie heard some resentment from Li Xin's tone.

"Nothing happened, anyway, you just remember that I don't have anything to do with that company in the future. ”

Li Xin didn't want to say it, so Yuan Jie didn't want to ask again: "It's not good to repay kindness, do you want to inquire about your privacy?"

"I didn't think so, I just didn't want to talk about it anymore. ”

"Okay, okay, if you don't talk about this, I won't ask. Have all those positions in your hands been closed today?" Yuan Jie changed the subject.

"Didn't you knowingly ask, and could this be hidden from you?"

"Hmph, it's good to know, your every move is under my control!"

"Don't let me out and talk nonsense about this. ”

"What do you think? Who do you think I am?"

"Hehe, it won't be good. ”

"I've really convinced you, how can you have the courage to keep getting it now?"

"I was also forced to be helpless, and I was forced to this step little by little. ”

"Who forced you?"

"The market. ”

"Why is the market forcing you?" Yuan Jie still didn't understand what Li Xin meant.

"One after another, if the market is not like this, if you give me two more guts, I won't dare to get the current price. ”

"Not only is your statement unreasonable, but you are also a bit suspicious of being cheap and obedient. If you want to say that those bulls are forced by a few falling limits to have no way to escape, and there are still people who believe that they can't stop losses if they want to, how can you, a shorts who have made a lot of money, say that the market is forcing you?"

"I'm telling the truth, and there's no such thing as being cheap. Do you say you've seen copper prices go so crazy before? Three or four years ago, the price of copper rose from more than 20,000 yuan a ton to more than 85,000 yuan a ton the year before, and this increase is huge enough, right? But have there been three or four consecutive one-word price limits? No, right? However, this time the copper price fell from more than 50,000 yuan to more than 30,000 yuan, and it took less than a month. In this process, as long as the downward trend is a little slower and more entangled, I definitely don't dare to put a short order all the way to the current price of more than 31,000 yuan. ”

"It's also Ha, if the exchange suspended the trading of copper metal for the first time on October 9, the price rose on the second day, and then maybe there would not be so many things later. Do you know? Our futures company has a few customers who were short before the National Day, and after closing all the positions on the down limit board on October 6, they went long on the backhand on the fall limit of more than 48,500 yuan on October 7, and the result was set up with 4 falling limits, and it was not until about 43,000 yuan on October 14 that they were unbundled, not only spit out all the profits earned before the National Day, but also almost lost all the additional funds. ”

"It is this kind of market that the bulls will disappear as soon as they enter the market, which gradually increases the confidence of short positions. Copper prices almost opened the fall limit on October 14 after almost five consecutive one-word down limits and closed a red doji, but this belated rise has little meaning for the vast majority of bulls. If there were no abundant reserve funds, they would have already liquidated their positions at this time, and they only had the opportunity to stop loss and leave the market, and they were powerless to do anything to resist. In this case, as long as the bears are clear-headed and see this clearly, they will not have to worry about a larger rebound in the price at all, just quietly wait for the price to continue to fall. For the first time in more than half a month, having a suitable partner allowed Li Xin to talk about the trend and feelings in the futures market without any scruples, so Li Xin gushed endlessly as soon as he talked about it.