Xu Xiang realized that he had indeed underestimated Zhang Feiyu at the beginning, and even more underestimated the power of market trends.

But now it is difficult to ride a tiger by yourself, with billions of positions, only less than 100 points of profit, if you choose to close the position, it is very likely that you will lose money if the operation is not good.

Thinking of this, Xu Xiang transferred more than 3 billion funds and decided to make a last stand.

Finally, on the eve of the Spring Festival holiday, Xu Xiang began to exert shorts, and thousands of short orders directly began to smash soybean oil, which made the bulls in the market a little confused.

Zhang Feiyu also saw it, his guess was not wrong at all, half a month ago, the small 400 million funds were just a small test, after more than half a month of fund-raising, this strong short capital finally exerted, although the momentum was fierce, but Zhang Feiyu knew that this must be the last counterattack of this fund, he wanted to rely on the advantage of funds, first knock down the soybean oil, and then let the market form an illusion that the soybean oil has peaked, so that the original bulls defected, so that they could successfully close their short positions at a low level.

Zhang Feiyu if he guessed correctly, this financial force is to press the soybean oil on the fall limit today, Zhang Feiyu calculated, his existing position is about 6 percent, holding 60,000 hands of soybean oil long order, the average price has been adjusted around 10600 after several changes, and now the price of soybean oil is 11500, 9000 profit per hand, that is, there are now more than 500 million profits, plus the original 300 million profits, the total income has basically doubled.

"Yunfei, now reduce the list in your hand to less than 2%. ”

Now the soybean oil market has been completely activated, and the total position has been maintained at more than 1 million hands, which is convenient for Zhang Feiyu's operation, and his own 60,000 hands of soybean oil are more than single, which has basically no impact on the market when put on the market.

"Now you don't have to be as cautious as before, Yunfei, there are so many positions in the soybean oil market, you can boldly throw it, and complete the operation within 20 minutes." ”

It's already afternoon, and if you don't hurry up and throw the order, it is estimated that the other party will have a big move after half past two.

Sure enough, as Zhang Feiyu expected, after half past 2 in the afternoon, a large number of empty orders appeared in the market. There is a lot of momentum to seal the fall limit of soybean oil.

"Brother Yu, do you want to increase your position, now the soybean oil is about to fall to our cost price. ”

Zhou Yunfei quickly walked to Zhang Feiyu's office at this time, feeling that he could increase his position.

Zhang Feiyu took a look at the disk, soybean oil is now more than 20 points away from the fall limit, less than 10 minutes from the closing time, it is estimated that it will be difficult to seal the fall limit, even if it is sealed, it will open low tomorrow and go high.

"Hang a buy order every 5 points above the down limit, and the position can be increased to 5%. ”

"Understood, Brother Yu. ”

Zhou Yunfei understood what Zhang Feiyu meant, and after he went out, he explained to Liu Peng and Yang Xue, the time was relatively tight, but he finally completed the task before closing.

"How many Yunfei are you holding now, and the average price of your position?"

"The position of the large capital account is about 5 percent, and the small capital is about 6 percent. The average price is less than 11,000. ”

Zhou Yunfei made statistics early after closing these things, and knew that Zhang Feiyu would ask these questions after closing.

"Okay, I got it. ”

Zhang Feiyu took a look at the trend of soybean oil today, the highest point is near 11500, and the lowest price has hit the limit price of 11080, which fluctuated more than 500 points throughout the day, but in the end it did not close at the limit price, which shows that the bulls in the market still did not admit defeat and leave, and even increased their positions.

Zhang Feiyu took a look at the weather, low temperatures have appeared in the southern provinces one after another, and there has even been snowfall in Hunan and other places, Zhang Feiyu knows that this once-in-a-century snow disaster is coming soon.

"Yunfei, after the market opens tomorrow, the position will be increased to 8 percent, and the small capital account can be increased to 9 percent. ”

"Okay, Brother Yu. ”

Capital

Xu Xiang's 3 billion funds today have used almost half of the funds, but the account has now made a profit of several hundred million, which makes Xu Xiang feel a little relieved, but today the soybean oil did not seal the fall limit, which made Xu Xiang feel a little worried, and the counterattack of the soybean oil bulls was much stronger than he imagined.

That night, Chenzhou, Hunan, the snowstorm finally broke out completely, not only Hunan, Shanghai, Jiangsu, Zhejiang, Anhui, Jiangxi, Henan, and even Xinjiang, more than 20 provinces across the country have suffered different degrees of low temperature, rain and snow, freezing disasters, for a time vegetable prices skyrocketed, all the materials related to agricultural products seem to have increased several times overnight, even coriander, which is usually an ordinary seasoning vegetable, has risen to more than 30 yuan a catty.

The next day, the futures market seemed to be a little calm at first, but less than half an hour after the opening of the market, all agricultural products seemed to have been discussed, and there was a collective surge.

"Mr. Xu, we're afraid we can't hold down the soybean oil. ”

Zhang Zihao calculated, Xu Xiang has invested more than 5 billion in the soybean oil futures market before and after, and today's soybean oil has changed yesterday's decline, from the price of 11,000, and now it has risen to 115,000, and the floating win in Xu Xiang's hands is almost retraced.

Zhang Zihao calculated, although soybean oil closed at 11,000 yesterday, but because it was soybean oil suppressed at the end of the market, yesterday's settlement price was around 11,300, and if today's soybean oil limit, it was calculated at four percent of 11,300, that is, around 11,800.

If this is the case, then Xu Xiang's original profits of hundreds of millions will not only be withdrawn, but will also lose more than 600 million.

"Now change the strategy to a big one, you hang the remaining funds near today's price limit, so that our average price is also raised, I will see if we can draw some more funds in." ”

It seems that there is still a big gap between the futures market and the stock market, and the stock market can only gather funds to buy stocks, but the two-way trading in the futures market makes Xu Xiang suddenly feel very difficult.

"After this wave of weather hype, maybe it will be better, and there should always be a degree of rise, I don't believe that soybean oil can still rise to 20,000. ”

Xu Xiang thought so in his heart, but Xu Xiang didn't expect that not to mention that the soybean oil rose to 20,000, even when the price reached 13,000, his futures account was almost blown up.

At this time, whether it is TV or the Internet, all of them are reports of disasters across the country, which has given the bulls in the market a shot in the arm, and sure enough, in the afternoon, the bulls began to break out again, soybeans, soybean meal took the lead in sealing the price limit, and the price of soybean oil is also in the vicinity of the price limit back and forth, which is estimated to be related to Xu Xiang's deliberate suppression.

"Yunfei, what is the floating win in the account now?"

"There are already more than 700 million Brother Yu, plus the original available funds, and now there are nearly 1 billion available funds. ”

Zhang Feiyu didn't expect that he would make so much profit at once, but after careful calculation, 1 lot of 800 points, nearly 100,000 hands, isn't it more than 700 million.

"Add the remaining 1 billion plus 700 million orders. ”

Zhang Feiyu has to fight back this time, although the 700 million funds do not have much impact on the current soybean oil market, but it is no problem to pull soybean oil up dozens of points.

Sure enough, after Zhou Yunfei and Liu Peng put thousands of their orders into the market, soybean oil quickly went straight to the price limit, and before Zhou Yunfei could react, more than 100,000 hands of soybean oil were sealed on the price limit.

"Brother Yu, I can't buy it, I only bought a list of 500 million funds. ”

"It's okay, there's no way if you can't buy it, just wait for tomorrow's opportunity. ”

But Zhang Feiyu knows in his heart that there is a good chance that he will continue to open high tomorrow, but there will be more floating funds at that time, and it will be seen how long the market's response to this snow disaster lasts.

The next day, there are only a few trading days before the Spring Festival holiday, and soybean oil is really open sharply higher, Zhang Feiyu's account has won more than 1 billion, and the price of soybean oil has broken through the integer mark of 12,000.

"Brother Yu, what should I do, even if I pick up money, it's not so fast!"

Zhou Yunfei and the others have never encountered this kind of market, and they don't know what to do for a while.

"Hehe, what else can I do, just hold it boldly, don't enter the funds that didn't enter yesterday for the time being, and increase the margin during the Spring Festival holiday, let's avoid risks." ”

Zhang Feiyu looked at the floating winning funds on the disk, and his heart was extremely excited, originally calculated that soybean oil rose to 14,000, and this wave of funds would increase by about 3 times at most, but now there are more than 20 billion profits, and the total funds in the account have exceeded 30 billion.

Capital

Xu Xiang didn't sleep well last night, soybean oil was originally a profitable list, but today, it has become a loss of more than 800 million.

In two days, he seemed to feel the taste of going from heaven to hell, Xu Xiang hated his greed, and hated this damn blizzard even more.

"Mr. Xu, it's really unbearable, what should I do?"

Zhang Zihao saw the reduction of hundreds of thousands of margins, and he had never seen this kind of formation after doing futures for so many years, so how could he stand it.

"How much money do you have left?"

Now Xu Xiang has no bottom in his heart, and originally planned to rely on his financial advantage to make a wave, but he didn't expect to encounter this snowstorm, and he suffered a big loss this time.

"There is no more Mr. Xu. ”

"Okay, I see, I'll take a look at the plate first. ”

Xu Xiang looked at the trend of soybean oil, and then looked at soybeans and soybean meal and other related varieties, it seems that it will not fall for a while, but Xu Xiang firmly believes that soybean oil will fall sooner or later, and the country will not sit idly by with such a high inflation rate.