Chapter 195: Rush, Hou Lang!
After the typhoon passed, the damaged municipal facilities in the urban area were quickly repaired, and the whole city life quickly returned to normal. If it weren't for the news reports of the severe damage to low-lying residents in Lei Yue Mun and Heng Fa Chuen, you would not have thought that this area was hit by a typhoon a week ago.
New York has a north temperate climate, where Sid was born and raised, and he has never experienced a hurricane since he was so old. This time he came to Hong Kong to look for a job and encountered Typhoon Molafi, which was also a different life experience for him.
At half-past eight in the morning, Sid walked confidently into his office, where several large computer monitors were placed side by side on his desk, filled with dazzling charts and relevant market data. The jumping numbers on the monitor gave him a sense of unreality in his dreams.
Ten years ago, on his first day in the hedge fund industry, Sid set his sights on becoming one of the best traders at the top. He has been working towards this goal for the past 10 years.
Every day, when he opens his eyes, the first thing he does is turn on the TV and find out what happened and is happening in the Asian and European markets during his sleep through the CNBC channel, the changes in macroeconomic indicators, and the futures market.
After arriving at the company, he will browse all the market conditions, pay attention to ETF stock index futures, crude oil trends, gold trends, foreign exchange trends, and other major macro indicators such as GDP, CPI, PPI, etc.
Before the market opens, he will read and analyze the day's sell-side research report and formulate a trading strategy. A buy list, a sell list, futures hedging adjustments, and other market conditions are observed.
His self-discipline is not only manifested in his work, but also in his life.
In order to maintain his figure, he has been a vegetarian for a long time, and eats the same vegetarian salad lunch every day. Not for a day, not for a week, not for a month, or even a year, but every day for many years.
Unfortunately, a financial turmoil undone his efforts over the past decade......
History has always given extraordinary milestones to certain important moments. A week ago, Sid passed the interview with the Black Panthers and got the chips for a comeback.
As his good friend Evan said, the Black Panther Fund has a lot to offer. The new boss has pledged to invest $2 billion in a new fund to invest in LME copper, which he excels in. He was also tasked with recruiting a team of 10 traders.
According to the industry's highest "2-20" fee structure, he can enjoy 2% capital management fee and 20% profit commission regardless of performance. The new fund is based on a target return of 20%, and if it is met, traders will receive 20% of the $400 million in profits, or 80 million.
In addition, Black Panther paid him a settling-in fee so that he could move from New York to Hong Kong. In addition to decent remuneration, he was given the title of senior partner.
In short, in every way, the conditions offered by the Black Panther have completely surpassed those of his previous employer. To be honest, this treatment was also one of the few on Wall Street before the financial crisis.
As the opening time approached, the trading room began to be lively.
Through the shutters of his office, Sid saw two 50-inch monitors hanging on the wall on one side of the trading room, one playing real-time news, and the other displaying the latest US knife index, crude oil index, gold index, Dawes index and other important indices.
An air of tension but anticipation began to permeate the entire office, and this long-lost feeling made him obsessed, as if he was waiting for the NBA Finals to begin.
Seeing the busy traders, Sid pushed the door and walked in, starting the routine pre-market meeting, and at the same time he had to instill his own ideas in everyone.
What qualities does a good trader have?
Sid has always believed that a good trader must have a high level of self-confidence and quick reflexes, and this trait is passed on to others through cooperation and interaction.
After joining the Black Panthers, he quickly recruited the traders in front of him. As one of the world's top ten financial centers with more than 200,000 financial practitioners, Hong Kong has completed the construction of a team of traders in only 48 hours through the recommendation of headhunters. He proved his worth to the company with practical actions.
In the industry, after the newcomers enter the company, they start with the market, and the novices see how the old traders do it, and then follow the learning themselves. After a period of time, use a demo account to trade, and wait for it to be almost there, before you can operate it in real time.
Sid recruits experienced traders, and although these people can skip the steps before the newcomer on the road, Sid still asks these newcomers to start with demo trading, and he plans to go through a week of training and wait for each other to get acquainted with each other before slowly adding authority to start real trading.
The reason why he is so cautious is mainly because of the company's importance towards him. There is an old Chinese saying that a man dies for his confidant, and Black Panther has provided him with a very good platform, which makes him see the hope of becoming the top trader in the industry again.
After the typhoon passed, Ding Le chose to stay in Hong Kong. This time the Black Panther entered the international futures market, and he was still a little apprehensive in his heart. Although he knows the macro market trend, he is also like a layman in the minutiae of the market.
For futures, Ding Le is purely a novice, and he has been nesting in the office these days, carefully studying all kinds of dazzling quotes and charts, and making up for his own lessons. Sometimes looking at the jumping numbers on the monitor, he feels like he's playing a video game that won't have any real results.
If it weren't for Weibo's attempt to buy Google China, he wouldn't have thought of taking a hit in the futures market. In his opinion, playing futures is crazy speculation, which is not suitable for ordinary investors at all.
In this Black Panther recruitment, in addition to top traders in the industry like Sid, Ding Le also hired several excellent analysts, M&A experts, and financial investment consultants in the industry, who were actually preparing in advance for the acquisition of Google China.
The new team began to take shape, and Gao Renqiang organized a small-scale team building. The newly recruited financial elites only then met the big boss behind the Black Panthers. When they saw Ding Le himself, they thought of the interview, and the assistant who sat next to Gao Renqiang and didn't say a word all had an expression of disbelief.
It's no secret that there's an important "smart culture" on Wall Street. The brightest minds in the world work on Wall Street, which offers the most elite jobs globally. The people who come and go here are all elite, young and ambitious, and almost all of them like to highlight and flaunt their "smartness" when they open their mouths.
After the outbreak of the financial crisis, these elites collapsed and their halos faded. At this time, when they met Ding Le, a person who was not yet 30 years old, who had shorted Wall Street investment banks twice and was able to retire, the gap in their hearts was huge.
The back waves of the Yangtze River push the front waves, the front waves die on the beach, and Ding Le is the back wave that belongs to this era!