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"That's a big room, the company stipulates that more than 500,000 can be settled all year round, providing fixed seats, computers, tea services, etc., you can also get relevant consulting and information services, the company will organize customers to visit end users in the industry from time to time, visit traders and institutions, and will also organize industry forums and professional market analysis seminars......"

"Stop, stop!" Chang Tianhao smiled, "It's all the original words in the employee handbook, right?"

"How do you know?"

"Because what you said is too rigid, no one says that in normal marketing, it's not to solicit customers, it's to drive customers out......" Chang Tianhao shook his head, "This can't be sold." ”

Xiaoqin was curious: "Then what should I say?"

Once you settle in, you can enjoy the convenience of a special person and a special plane service, a one-click direct trading interface, the most complete industry information, the fastest transaction speed, the best exclusive service, and the best trading environment...... All of the above don't need money, all of them don't need money! As long as you submit 500,000 yuan to open an account.

If you don't have 500,000 it doesn't matter, the company for the convenience of customers, specially launched customer trading points redemption privilege activities, no matter what variety, trading 1 lot will accumulate 1 point, right! buy is counted as 1 point, sell is also counted as 1 point, as long as there are 500 points a month can enjoy the privilege for free.

If it is true that it does not reach 500 points in a month, it doesn't matter, we also have customer feedback packages, don't 588, don't 388, you can enjoy a full set of free services for only 188 yuan. By the way, if you place an order on the spot today, you can also enjoy the general manager's special approval of the buy a month and get a month free service, buy more and get more, buy early and enjoy early, 188 yuan! New Century VIP service only needs 188!188 You can't buy a loss, 188 you can't buy a fool......

Chang Tianhao's speech was painted and colored, and his hands and dances made Xiaoqin lean forward and leaned back, covered his mouth and laughed: "Oh, you are so funny, so funny......"

"You have to smile a lot, it looks good when you laugh, so it's infectious...... Contagion is the vitality that cultivates mutual trust among customers. Obviously, Shang Xiaoqin is 2 years older than Chang Tianhao, and it sounds as if the latter is an old employee pointing at each other.

Hearing the conversation and Xiaoqin's "giggles" incessant laughter, the middle-aged man who had been staring at the computer and screaming excitedly just now finally turned around, quickly looked at Chang Tianhao, and asked Xiaoqin: "What's so happy?"

Xiaoqin hurriedly introduced: "This is Brother Chao, a representative of the hedging market maker of Chaoyang Tire Company. ”

"Fortunately, I will be fortunate to ......" Chang Tianhao glanced at the handicap and K-line on the computer, and said with a smile, "The volume has risen sharply, and the bald head and bare feet are positive, it looks like Gillian is going to pass 7300?"

"Gillian?" Brother Chao was stunned, and suddenly realized that Chang Tianhao was talking about natural rubber (RU), this futures variety was only arranged to be listed on the Shanghai Futures Exchange last year, referred to as Tianjiao, Shanghai Rubber, but the actual delivery standard variety is Hainan rubber. Many years later, the industry is familiar with it, and according to the style of Tianjiao jumping up and down, ups and downs, affectionately call it Gillian: If you do it well, it is a golden house, and if you don't do it, it is like glue - trapped!

"Isn't it, I've been depressed for so many days, and finally today, it's going to rise heartily. Brother Chao was obviously in a very good mood, pointing to the rising curve on the computer and said, "I see that a breakthrough is expected, and there will be another wave of rise tomorrow, and the upward trend will be formed." ”

Chang Tianhao asked strangely: "Brother Chao is actually looking forward to the rise of raw materials when he does spot hedging?"

"Cough, don't mention it, the spot has fallen too much this year, and the inventory in the factory is not good. ”

Chang Tianhao instantly understood Brother Chao's troubles.

According to the spot dealer's futures/spot hedging to hedge the opposite, tire factories such as large rubber users generally in the futures market should be short hedging risk: the market price has risen, in the futures short will lose money, but the original low price of raw materials in the finished tire after the ex-factory price will rise; in turn, the market price is low, high-priced raw materials into the finished product factory may lose money, but because of the correct bet on the futures to fall, short will have profits.

In short, no matter how the market changes, as long as the hedging range is grasped, the risk can be basically flattened: futures lose spot profits, spot losses futures earn, and finally can be flattened after pulling.

The core principle of hedging is to eliminate risks and lock in prices, and if you can make money, it is only incidental. But there are always people who are not satisfied with the blandness of hedging, and want to amplify profits and win excess returns by operating in a consistent way, and the result is easy to be slapped in the face by the market.

Of course, the situation of Chaoge and Chaoyang Tire Company may not necessarily be a simple magnification of risks, but it may also be greedy for cheap futures: when the market sentiment has been bearish, the forward price will often be lower than the normal trade purchase price in the market, and the production enterprises will establish a large number of positions in futures instead of spot buying, on the one hand, the cost is quickly locked in and do not need to bear the pressure of inventory and storage; on the one hand, save money, futures only need to pay a small margin, and the spot must pay at least 20-25% of the deposit when ordering.

The problem is that if the market keeps falling, it is likely that it will eventually be a double kill: the futures price will continue to fall, and the spot price will return to the futures price and fall as well, at which point the excessive positions built up in the market will become a heavy burden – a high-cost raw material.

Chang Tianhao looked at the K-line, carefully checked the trading volume some time ago, shook his head and said: "Brother Chao, little brother thinks you may want to be empty and happy, today's breakthrough is a typical temptation, and tomorrow and the day after tomorrow will step back." ”

You see, the trading volume has exceeded 2400 hands, and the sum of the past week has not been so high, as long as it stands on the 7300 yuan mark, it will break through the moving average in one fell swoop, and reverse, oh...... At least the rebound is laid. ”

Chang Tianhao smiled, still shaking his head.

He is very familiar with Tianjiao, especially in the early Tianjiao trading, because before the rebirth, he focused on the article in the first year of graduate school course paper: "Discussion on the Early External Market Guidance and Market Independent Factors of China's Futures Varieties: Taking Natural Rubber Varieties as the Core Perspective", focusing on the analysis of the situation of Tianjiao being subject to Japanese rubber in the early days, and listing three important characteristics:

First, the price trend of Shanghai rubber and the trend of Japanese rubber often coincide and have a lag;

Second, the main contract of Shanghai rubber and the main contract of Japanese rubber maintain synchronization - many years later, the main contract of Shanghai rubber is fixed in January, May and September, and in the early days, it is basically changed every other month;

Third, the trading volume and position size of Shanghai rubber are much smaller than that of Japanese rubber.

"What do you mean?"

Chang Tianhao said: "7300 may be broken, but if it is broken, it will not stand, and it will soon be stepped on...... I think your judgment is good, Gillian has a chance to rebound if she falls for too long, but I can't see hope before September, at least I have to wash the dishes. ”

"Brother, it's been washed long enough, and my old life is almost gone, you know?"

"It's not enough. Chang Tianhao knocked on the price of 6920 yuan on the computer some time ago, "At least I have to step back here, Brother Chao is an expert, you should know that the bottom is ground out, double triple or even multiple bottoms are very common, the V-shaped flip of the single-needle bottom probe only exists in textbooks, there are very few in actual combat, it is very possible to break 7000, and even touch 6900 again, so that it is possible to build the basic appearance of the W bottom. ”

Brother Chao was not calm, remembering that he hadn't inquired about Chang Tianhao's origin just now, and he was embarrassed to speak directly, so he turned his head and asked Xiaoqin: "The company's new industry analyst? ”

"No, no, no, Mr. Hao is my newly developed customer, a top student of Hujiang University, and he is still studying...... I just opened the account today, and I took him around. ”

"Oh...... Oh...... Fortunately, I will be lucky!" Brother Chao said this, his facial expression quickly relaxed, and the meaning seemed obvious: I thought I was an expert in what I just talked about......

The embarrassing atmosphere lasted for less than 10 seconds, and Xiaoqin exclaimed: "Brother Chao, ah, it's really over 7300......"