In the global commodity trading market, each trading variety has its own fluctuation cycle, as well as price trends, and investors with different personalities have different preferences for varieties, among which Sid's favorite is copper futures.

Unlike other futures exchanges in the industry, the LME three-month copper futures contract is a continuous contract, which means that there will be daily delivery. In addition, in order to increase the liquidity of the market, the LME spares no effort to attract high-frequency algorithmic traders to the market. And most importantly, the LME has no price limits.

The combination of many factors has led to a very large intraday volatility in LME copper. Because of the sharp fluctuations, it will generate excess returns.

Every time Sid opened a trade, he felt an irrepressible excitement, knowing that it was the adrenal hormones in his body, but he enjoyed it.

"Starting today, everyone is trading for real, it's time to prove your worth!"

In the new week, Sid announced the decision at the morning meeting. He looked at Ding Le's silent expression every day, and was eager to show himself in front of the boss, so as to prove that his title as a top trader was not in vain.

Sid's decision was unanimously welcomed by traders, and some even whistled. None of them are newcomers, and demo trading has long been unable to attract their interest.

Most of the trader's income is directly linked to performance, and for them, only real trading will earn income.

Sid watched everyone gear up and prepare for a big fight, and he felt a sense of accomplishment, these well-trained warriors were about to go to the battlefield without gunpowder.

However, Sid didn't want to indulge these people too much, so he deliberately coughed and said with a solemn expression: "Before the official start, I emphasize one more point, you must abide by the discipline of trading. The discipline of futures trading is very important, and the wrong order must be resolutely stopped, although it is very painful to cut the meat, it is also better than cutting the head!"

"So what is our trading strategy?"

Just as everyone was eager to try, a crisp voice sounded in the noisy crowd. Sid followed the prestige, and spoke as a fair-skinned, short-haired, capable and shrewd woman.

If Xia Xiao was here, she would definitely be able to recognize it at a glance, and the person in front of her turned out to be her private investment manager at UBS-Ding Zihui.

Ding Zihui used to work at UBS, but the financial turmoil has greatly damaged UBS's vitality, and even the most outstanding employees are unable to pay the corresponding salary. When Ding Zihui saw Black Panther recruiting traders through a headhunting company, he did not hesitate to sign up.

As we all know, women are often not favored in trader circles. When Ding Zihui first joined, Sid was not optimistic about her, but with the top three winning rates in the demo trading, she finally stayed.

"Short at the right time!"

Sid said his trading strategy word by word, but his strategy was completely contrary to what Ding Le had previously explained.

As early as a week ago, Ding Le shared his views on the trend of copper futures with Xide and Gao Renqiang.

In his past and present life, futures are not his area of expertise at all, but he is very familiar with the government's stimulus policies, and the strong demand for infrastructure investment in the mainland market is the fundamental reason for this wave of copper futures rise.

"Resolutely go long!"

So, when he talks about trading strategies, he is unusually straightforward, even though he is not as professional as Sid in terms of trading skills and theoretical knowledge.

At this moment, Ding Le, who was sitting in the office, had no idea about the scene that happened in the trading room.

In front of everyone, Sid didn't seem to care that he was offended, as the only female trader in the team, he still has a preference for Ding Zihui, and after work, he also asked Ding Zihui to go to a bar for a drink......

"Short?"

Sid's words have generated some discussion among traders, the current LME copper index is strong, and there is no negative news in the market, and the risk of shorting is much greater than that of longing.

"Don't doubt me, I got some inside information in order to get off to a good start!"

In order to dispel everyone's doubts, Sid had to show his hole cards. He temporarily changed Ding Le's trading strategy, and he also had his own reasons.

As Sid said this, the traders all had an expression that I understand, and as a veteran of the industry for many years, almost everyone will have their own inside information channel, which is normal.

There are generally three types of inside information in the market.

The first is the policy news that belongs to government agencies, which are often the policies that the government is about to promulgate, and when these policies have not yet come out, some insiders will get the news through various channels. Of course, this kind of news is not known to ordinary people.

The second type is the internal information of the listed company. For example, if a listed company wants to release a major news, their internal senior management and those who are close to the senior management will definitely know it one step earlier than the outside world.

The third type is inside information belonging to the trading company. For example, a large institution or hedge fund wants to make which product or stock, what price to enter the market, and which price to pull out.

The first and second types of messages are delivered in a very small way, but the third type of messages tend to be delivered in some kind of stealth way in the trader's circle.

The market is changing rapidly, but with an inside information and a momentary judgment of various signals appearing on the disk, it will be much easier for traders to make a profit.

After the Black Panther recruited new members, in order to be able to control his subordinates, Ding Le learned all the knowledge about futures, and after these days of hard study and communication with Sid, Ding Le had a more specific understanding of futures.

For ordinary investors, the speculative nature of futures is much greater than that of investment. At the same time, the model of institutional sitting is also very different.

Institutions pay attention to absorbing more chips, because the number of stocks circulating in the market is limited, institutions in order to control the market, it is necessary to absorb a large number of chips, there are often four stages on the disk, respectively, to absorb chips, washing, pulling, shipping, so as to earn the difference in profits.

It will be much more difficult for institutions to trade on futures, because there are two forces in the market at the same time, short and long, and the chips are unlimited, and the scene of long and short battles is more thrilling.

Sometimes just like the plot of the battle between the two armies in the movie, the bulls deliberately lost the territory in the early stage to lure the enemy air force, and the air force was still at the moment of excitement, and the multi-army army had secretly recruited soldiers and horses to surround it......

Just as Ding Le was still swimming happily in the ocean of futures knowledge, Gao Renqiang hurriedly knocked on the door of his office.

"Boss, there's something wrong with Sid,"

Looking at Gao Renqiang's extremely nervous appearance, Ding Le quipped: "What's the situation? The trading strategy is so clear, can it be overturned?"

"Sid's operation is in the opposite direction, today they were liquidated, and there is already a loss on the books!"

Gao Renqiang was apprehensive, and finally had to say this......