Magic City.

In the conference room of Wanbang headquarters, an emergency meeting is being held.

In the smoke, the core management of Wanbang gathered together, discussing something from time to time.

Guan Pingsheng does not smoke.

But he didn't mind the rest of the crowd, because even he was anxious right now.

After receiving the news from the Ministry of Finance, Guan Pingsheng already knew that this time, there was a big trouble.

The announcement of the subsidy price of 148.5 yuan means that he misjudged the general trend, but they continued to add short positions in the back.

Guan Pingsheng has always wondered why the finances are so tight, so tight that even the most basic expenditures can be sustained, but Shengsheng has raised the national debt subsidy to 14 percent.

This is obviously not in line with fundamentals, nor is it in line with the interests of the country, let alone the current economic environment.

Raising so much subsidy means that the central bank will have to spend nearly 2 billion yuan more to subsidize customers who have bought government bonds.

It simply doesn't make sense.

This news is very unfavorable for Wanbang's large short position.

"Mr. Guan, what should we do?"

As the core figure of the entire team, Guan Pingsheng's face was very calm, even if he was actually very nervous.

However, he knew that if even he panicked, the whole team would be like a plate of scattered sand, and then it would really be a catastrophe.

"Don't worry too much, since the announced price is set at 148.5, then as long as we maintain this price, then the loss is within the acceptable range. ”

"But can we hold on? This news is obviously more favorable to the bulls, and you say that the bulls will use this to exterminate us. ”

Wanbang Nuoda is a securities kingdom, which is naturally full of talents.

Instinctively, many people have smelled a crisis, an invisible crisis.

Guan Pingsheng thought about it seriously.

In the market, all the groups that are qualified to participate in this fight, quickly calculated again in my mind.

"There should be no problem, no matter what the news is, if we really want to change the market, we still need funds, with our current strength and the Gao brothers, we should have no problem holding this line of defense.

There are still two announcements that have not come down, and we are not without opportunities. ”

"But..."

"It's nothing, so far, holding this line of defense is the only way, and I can't hold it..."

Guan Pingsheng's words were not finished, but everyone understood.

If you can't keep it, that's death, and what dies can't die anymore.

No one asks why you don't close your position and stop loss first, and no one asks why you don't just backhand.

In the eyes of many people, big money holds a strong army, and in the battlefield of the financial market, having a huge amount of money means invincible.

But in fact, there are no absolutes in anything.

It's like fighting a war.

If there is a large enough team, it is naturally effortless to push some small groups of stragglers, and those stragglers under the command of Bing Feng are not even qualified to block the car with mantis arms.

It's just that once you encounter multiple enemies of the same size, this huge will become a deadly death hole.

Maneuverability.

The mobility of a large force can never be compared to the mobility of a small group of skirmishers.

There is a big advantage to a large amount of money, and a small amount of money also has a small advantage. In the same way, small funds have small flaws, and big money also has big flaws.

Too much money means not enough mobility.

With the position currently held by Wanbang, not only is there no possibility of a backhand, but there is no chance of even closing the position and admitting defeat.

With such a large position, once the position is closed, you don't need to exert too much effort, and you can beat yourself to death.

This is dictated by the rules of the game.

Because the rules of futures are, hedged trading mode.

Buying a standardized contract is called long, and selling a standardized contract is called short.

However, a long buy requires a corresponding short sell contract, and similarly, a short position to sell a contract requires a corresponding long position to buy.

Shorting means buying back the contract you sold to hedge your short position.

With the positions held by Wanbang, millions of contracts will be closed, and the price will immediately be pulled to a sky-high price.

In that case, there is no difference between suicide and suicide.

In this case, who would sell millions of contracts to Wanbang to buy.

No, not a single one.

Wanbang's empty order is already the largest seat on the short side, and no one can eat the empty order in Wanbang's hand.

Now Wanbang has been forced into a desperate situation, and the only way out is to hold the last line and control the loss within a certain range.

"Okay, let's open the market right away, let's dismiss. ”

Imperial capital.

Huajingkai headquarters.

Wei Zexi was sitting in the position of the main trader, playing with a fountain pen.

For him, today is a feast of revelry.

With that announcement, Wanbang is already fat meat with no room for struggle, just wait for it to be digested slowly.

"Has the Northeast Trust notified you?"

"I have been notified, I believe that as long as the Gao brothers are not stupid, they must know what to do. ”

"Well, our own ....."

"Don't worry, everything that should be notified has been notified. ”

"Well, let's witness this moment together, the future is our world. ”

"Haha, what Brother Wei said is that the future is our world. ”

Eight o'clock in the morning.

Liaodong, Northeast Trust Development Co., Ltd.

Gao Tianyuan's face was gloomy and watery.

The misjudgment of the final decision of the Ministry of Finance caused the company to suffer huge losses, and the early short orders have lost more than 2 billion.

Vice President Gao Amano, who is also Takamagahara's younger brother, has long been panicked.

The loss of more than two billion made him tremble when he thought about it.

"Big brother, what now. ”

"What else can I do, the announcement is out, there is absolutely no possibility of falling, according to inertia, the market will definitely continue to rise, you immediately go to arrange manpower, and immediately close all the short orders in our hands after the market opens. ”

"But, don't we have an agreement with Wanbang, do you want to..."

"Confused, when is this happening, if you tell Wanbang, who will our empty order sell to. , Dead Dao friends don't die in poor Dao, and now they can't take care of so much. ”

"Then aren't our two billion losses in vain?"

Gao Tianye's face was full of unwillingness, there was such a big loss, even their brothers couldn't bear this result.

Thinking of the financiers behind these funds, Gao Tianye couldn't help but shudder.

"Just don't do it endlessly, we will directly calculate it backhanded, with Wanbang in front, maybe we can still earn the two billion back. ”

"That's the only way to do it, you go and gather people, and we will immediately backhand at the opening, whether it is dead or alive is in one move. ”

As the saying goes, grinding the gun in battle is not fast and light.

After a short period of pre-practice, Zhao Jiangchuan's temporary trading team barely reached the standard that satisfied him.

At the very least, there is nothing wrong with placing orders, buying and closing positions.

Of course, the main thing is that he is not satisfied and can not help it.

At the request of Zhao Jiangchuan, the temporary patchwork teams were numbered separately.

From one to ten, each person is responsible for two accounts of AB.

"Listen, everyone, at the first time of the opening, everyone immediately closed all the positions in their hands.

Immediately after the closing of the position, I will buy more than 300 lots at the current price of account A, and then wait for my order. Got it?"

For these young people in their twenties, in fact, everyone is nervous.

It was the first time for them to help others operate, and the more than 300 orders that Zhao Jiangchuan said meant that each of them had to operate six million funds at a time.

It's an amount of money that's exciting just thinking about it.

Fortunately, the money belongs to someone else, and it is none of their business to make a profit, so the people who were called to the number answered loudly.

"Understood. ”

However, when everyone else answered clearly, Zhang Hua, who was sitting on the side, didn't understand.

Zhang Hua thought that Zhao Jiangchuan asked him to organize people to close the position today, and everyone was secretly relieved when he heard about the liquidation.

But who would have thought that Zhao Jiangchuan actually said that he would buy again after closing the position, and it would be okay to buy again, and he actually raised the position to 300 hands in a single account.

Isn't this kid crazy?

Even if the announcement of the Ministry of Finance is true, the price clearly marked that the price of the treasury bond after the subsidy is 148.5 yuan.

This price is only one point difference from the current price of the main treasury bond contract 323.

Obviously, there is little room for the market to move upwards.

"Zhao... Brother Zhao, are you still doing more? Didn't you read yesterday's announcement?"

Zhang Hua stammered a little when he spoke.

Each account has 300 contracts, and 10 accounts are 3,000 contracts.

This means that for every second these accounts combined, the fluctuations are in the millions.

"Boss Zhang, have you forgotten that money can be channeled!"

Psychics?

Through your uncle, it's through nerves.

Zhang Hua couldn't help but complain, but when he opened his mouth and wanted to say something, it was too late.

Because, the treasury bond market is already about to open.

Perhaps because the news has been expected and the good news has been gradually digested by the market, the 323 contract opened normally, and the closing price of the previous trading day was 147.5 yuan.

"Everyone, prepare, close the position immediately after the opening, and after the completion of the current price, long 300 contracts at the current price, execute. ”

The reaction of the young people was really first-class, and several young people who had just turned twenty years old immediately executed the instructions given by Zhao Jiangchuan as soon as the market opened.

Perhaps in normal times, it may not be possible to open so many buy orders in an instant, but I don't know why, after the opening, the trading volume of Treasury 323 is unusually large.

Mixed in the countless trading volumes, each person's 300 buy orders were completed in an instant.

"Everyone prepares account B, and continues to add more than 300 lots to each account at the market price. ”

Confused.

Zhang Hua was completely stunned.

Add more than 300 more orders, for a total of more than 6,000 orders.

This kid can't be really crazy.

The announcements are out, it must be the top here, and there are still many of them, so I have a sick brain.

However, Zhang Hua didn't dare to speak anymore.

At this time, Zhao Jiangchuan's eyes were domineering and sharp, and his unstoppable demeanor was like an invincible armored general.

Every time an order is given, there seems to be an aura that people can only obey.

Under the pressure of that aura, Zhang Hua didn't even dare to speak.

What made Zhang Hua even more unbelievable was that the price of treasury bonds not only did not fall as he imagined after the opening of one point, but rose to 148.5 yuan.

"Everyone, account B, close all positions at the current price, and then buy more than 400 positions. ”

Lose your marbles.

Zhang Hua no longer knows whether Zhao Jiangchuan is crazy or he is crazy.

The price has risen to 148.5 yuan, and Zhao Jiangchuan is still adding more.

The young man's performance is reflected in his actions, as soon as he received Zhao Jiangchuan's instructions, within a few seconds, after closing more than 300 orders in each person's account, he immediately bought more than 400 orders.

A full 7,000 contracts, which means that Zhao Jiangchuan used 140 million funds.

Because, treasury bond futures implement the margin T+0 settlement system, and you can continue to operate with profits after each position is closed.

The proportion of capital use that is infinitely amplified under leverage is also the biggest charm of the futures market.

It is common sense that a skyrocket must plummet.

Thinking of this, under that terrifying number, Zhang Hua felt that the ups and downs of his heart were about to explode.

Bouncing...

However, what surprised him was that instead of falling, the price of Treasury 323 suddenly rose violently again.

On the big screen.

Suddenly, a series of red numbers burst out.

Empty level.

Countless empty flats.

500,000 short orders were closed, and Shengsheng once again raised the treasury bond 323 by one point.

Zhang Hua was completely dumbfounded.

Even though he has been engaged in the financial industry for some years, he has never experienced such a crazy market, let alone seen the market actually pop up 500,000 contracts.

Crazy, all crazy.

Because, from the first time Zhao Jiangchuan issued an order, to the rise of the treasury bond of 323 to 149.5 yuan, in fact, it was only less than two minutes.

Two minutes, two pips, double the profit.

Abrupt.

Zhang Hua realized that this was a war, a war that killed machines everywhere.

Behind the countless trading volumes, under the terrifying profit and loss, it is simply a silent war in which you can't see the smoke of gunpowder.