Although the available funds in his account are still very sufficient, such a large amount of floating losses in a single account has never happened before Yuan Jie and his futures company.

For this reason, the futures company has held a meeting to discuss the issue of Li Xin's position in private, and many people's opinions are that it is recommended to remind Li Xin to reduce his position or stop loss and leave, but in the end, because the available funds in Li Xin's account are still considerable, the futures company did not inform Li Xin of the results and opinions of the discussion, nor did it remind him.

It is not trivial to suggest that Li Xin reduce his position or stop loss, and the amount of profit and loss involved is often tens of millions of yuan. Their small futures company does not have a net profit of 10 million yuan all year round. They are also afraid that their judgment will affect Li Xin's operation, and if the losses caused in the future are related to themselves, they will not be able to afford to pay at that time.

The floating loss on Li Xin's futures account turned into a floating profit, which only appeared at the end of July when the copper price was close to the 60-day moving average.

As the vice president of a futures company, Yuan Jie can certainly see that the timing of Li Xin's increase in positions was taken after the price fell below the 60-day moving average, which indicates that he continues to be bearish on the market outlook.

Yuan Jie herself has no position in futures copper, nor has she specifically studied the recent trend of futures copper, so she does not have her own clear judgment on the price trend of futures copper, but Li Xin's large-scale increase in positions really worries her.

After Li Xin increased his position again, the total position was 2,000 lots, and the average cost price of the position dropped from 62,500 yuan to around 62,100 yuan.

With such a heavy position, if the price fluctuates in the opposite direction, the floating profit on Li Xin's account will disappear faster, and the floating loss is likely to be far more than the previous 10 million yuan.

But such a plunge in front of him is excellent news for Li Xin's short order, maybe his worries are unfounded?

She hurriedly checked the situation on Li Xin's account on the computer, and Li Xin's 2,000 hands on the account at this time were calculated at a cost price of 62,100 yuan, and the profit was already 25 million yuan.

Although Yuan Jie can't see how the copper price will go in the future, she knows very well that in the past two or three years, the copper price has fluctuated very much, often after the surge, and after the crash, there is a surge, and in just one month, it is a frequent thing to fluctuate up and down 10,000 yuan.

Thinking that the price of copper has fallen from 64,830 yuan in early July to less than 60,000 yuan now, and the fluctuation range has reached 5,000 yuan within a month, she feels that it is necessary to remind Li Xin to quickly make a profit and leave the market, otherwise if the price soars back, his 25 million yuan profit may be immediately wiped out again.

It is suggested that Li Xin cash in the profits and leave the market now, and the short-term operation method of choosing the opportunity to enter the market again actually has its advantages.

Because even if Li Xin continues to be bearish, if he adopts this kind of swing operation, he will get the profit now, and then enter the short market again after the price rises, not only can he avoid the risk of short-term fluctuations, but it is possible to maximize the profit, which is actually a more prudent way.

In addition to reminding Li Xin to pay attention to the risks, this way of operation actually means that Yuan Jie is also a little selfish. That is, from her own point of view, Li Xin's large capital and position, if the short-term frequent operation, the trading volume will go up, and the fee income of the futures company will increase significantly, which will bring her a very huge business commission.

Thinking of this, she didn't care that she hadn't been in touch with Li Xin for a long time, so she picked up the phone and dialed Li Xin's mobile phone.

The price broke down, which made Li overjoyed.

Judging from the K-line chart, the low point of the last round of decline was the lowest price of 59,570 yuan on June 11. After the price gapped, it broke through this previous low in one fell swoop, and as soon as the most important and final support line was broken, the downside space was completely opened.

It is said that shopping malls are like battlefields, but few people know that the futures market is the frontier of short-handed combat on this battlefield. These numerical changes on the screen are not inferior to the swords and swords on the real battlefield.

In Li Xin's eyes, the price of futures copper fell below the 5-day, 10-day, 20-day and 60-day moving averages one after another, as if the attacking side on the battlefield broke through the opponent's four lines of defense in a row.

The previous low of 59,570 yuan is a support line, which is like the opponent's last line of defense. Once this line of defense is broken, the attacking side will break into the opponent's henchmanship, which will cause a lot of psychological pressure on the defending side, and it is not even ruled out that the opponent's defense line will collapse as a result.

From the technical analysis, the neckline of the top of the arc was broken through at this time, so the first target of the fall after breaking through the neckline is 57210 yuan, and there is at least 2300 yuan of room to fall.

Watching the trend of futures copper prices rush towards the direction he predicted, Li Xin is sitting in front of the computer at the moment, watching the curve on the time-sharing chart keep falling, just like a strategizing general, standing in the window of the command post, through the telescope to see his troops breaking into the opponent's city, and then he will clear the remnants of the enemy, and finally completely occupy the opponent's position.

And the tens of millions of dollars in profits that have been increasing in his account are the spoils of war.

Just when he was immersed in joy, the mobile phone on the table rang, he picked it up and picked it up, his eyes were still fixed on the computer screen, and he didn't even look at the caller ID: "Who?"

"It's me. ”

After listening to the two clueless words on the phone, Li Xin felt that the voice on the phone seemed familiar, but he couldn't react to who the other party was for a while, so he asked, "Who are you?"

"Yuan Jie!"

On the futures company's side, Yuan Jie, who took the initiative to call Li Xin, felt very uncomfortable after listening to his question, and she looked away from Li Xin's account on the computer screen unhappily, as if the computer screen was not showing Li Xin's account information, but Li Xin himself.

At this time, receiving a call from Yuan Jie, Li Xin was also very surprised. He said, "Oh, it's you, what's the matter?"

Yuan Jie wanted to say, "Can't I call you if it's okay?" But when she thought about it, her relationship with Li Xin was no longer what it used to be, and it seemed a little out of place to say this. So she asked, "It's okay, how are you doing?"

"It's okay, so-so. ”

"Don't be modest, if you call it so-so, then how will we live?" Yuan Jie said in a relaxed tone.

After all, the two are too familiar with each other, and as soon as Li Xin heard Yuan Jie's words, she knew that she was referring to the fact that she was now making tens of millions of yuan in her account. He didn't know how to answer Yuan Jie's words, so he didn't squeak.

Li Xin didn't speak, and Yuan Jie felt a little embarrassed. Yuan Jie, who originally wanted to talk to Li Xin about other topics and reminisce about old feelings, couldn't find other topics for a while, so he had to go back to Li Xin's futures account: "You already have more than 25 million profits on your account, don't you plan to close your position and cash out the profits and leave?"

Li Xin didn't hide it, and said honestly: "Where is this? There should still be more than 10,000 yuan of room downward, isn't it a waste to close the position now?"

"You're going to drop 10,000 yuan, aren't you?" Yuan Jie couldn't believe Li Xin's judgment.

"Another drop of 10,000 yuan is actually nothing, the threshold of about 50,000 yuan has been touched twice in the past two years, and it is not impossible to fall to 50,000 yuan or even fall below this threshold this time. ”

Yuan Jie said: "But do you pay attention to the price trend of London copper? At the beginning of July, the price of London copper hit a record high. The all-time high two years ago was $8,790/mt, and the all-time high set on the evening of July 2 was $8,940/mt. And in the past two years, when the price of domestic futures copper fell to the integer mark of 50,000 yuan twice, the corresponding low point of London copper price was 5245 US dollars / ton and 6317 US dollars / ton. In addition, the price of London copper has recently hit a record high, and several tops within two years have also gradually risen, which shows that the future trend of London copper is bullish! You should know how much the price trend of London copper has a big impact on the copper price in the global market, and under the general trend of the bullish future trend of London copper, the price of domestic futures copper cannot fall. You now have so much floating profit on your account, cashing out now is the best option. ”

"I know this, but from the perspective of the price trend of domestic futures copper, the highs within two years are gradually decreasing, respectively 85,000 yuan, 75,000 yuan, 70,000 yuan and 64,830 yuan a month ago. This is clearly a downward trend. ”

"So do you think from the perspective of the global market, is it the influence of London copper, or the price of domestic futures copper?"

Li Xin thought for a while: "It stands to reason that the influence of London copper is relatively large, but the problem is that the domestic copper price has always had its own reasons for coming out of such a trend, right?"

Yuan Jie suddenly felt a little curious about Li Xin's stubbornness: "Then you can tell me, under the obvious bullish trend of London copper, what is the basis for you to be bearish on domestic copper prices?"

"The market demand is relatively sluggish. ”

"You are in the Southern Group, you have more say in this, so what about the others?" asked Yuan Jie.

"Or is it a downturn in the market, haven't you noticed that the stock index has been going lower and lower lately, and it has fallen by almost 70% compared to last year's high. You know, it is the largest non-ferrous metal copper smelting enterprise in China, its share price was close to 100 yuan last year, and now it is 10 yuan, which has fallen back to the starting point of the rise two years ago, a decline of 90%. It is not an exaggeration to say that the phrase "from the end to the beginning" describes the trend of this company's stock price. This is a very obvious sign, such leading enterprises are so sluggish, including our Southern Group, this year's operating performance has declined sharply, what reason is there for copper prices to hold up at historical highs and not fall?"