Chapter 283: Cognitive Differences
"That's a problem for me. Approaching the close of trading on Friday, Ren Likun, like thousands of futures speculators, was in a hesitant entanglement.
The two days of the weekend are very important for the financial market, and generally speaking, the financial market on Monday and Friday will amplify the trading volume, because many investors do not want to bear the variables of the two days of the weekend when they enter the market on Monday and exit on Friday.
Unless...... You can handle it.
Ren Likun still has a problem to consider, that is, his position in the soybean meal futures market has not been closed.
Funds are migrated, soybean meal futures are shrinking and fluctuating downward, and other markets may brew a market, and it will take time for Ren Likun to close his position, or ...... Space.
If Wang Nuo gave his own definite opinion, out of the accurate analysis of the last soybean meal futures, Ren Likun may adopt the views in the research report, accelerate the liquidation and transfer of funds, but he gave Wu Xuan's research report.
This is very helpless for Ren Likun, he doesn't believe Wu Xuan.
The last time the soybean meal futures happened, although it could not be regarded as Wu Xuan's complete blame, he always made a mistake in the research report, and he also used the research business to deal with personal grievances, of course, the buyers were unwilling to trust it anymore.
"Du, Du, Du......" his fingers rhythmically tapped on the armrest of the office chair, Ren Likun was thinking and waiting, "On the one hand, you must make a little money, and on the other hand, you may make a lot of money, don't take risks first, the market should not be short-lived." ”
Ren Likun didn't wait for the soybean meal futures market to drop sharply, and he was unwilling to take risks.
As for the content of Wu Xuan's research report, Ren Likun is actually inclined to believe it.
First of all, this research report was recommended by Wang Nuo, and secondly, the team from Wanli Futures Company gave similar advice, optimistic about the volume coming out, suggesting long, and finally, the information that Ren Likun himself got also had this tendency.
But it wasn't enough, Ren Likun hid a little bit of fatal information from Wang Nuo, he knew not only the long positions, but also the short ones......
Ren Likun can know about certain long positions, how can he not even know the slightest bearish position? He didn't tell Wang Nuo, but he thought that Wang Nuo could see it.
"You should still be bullish. Ren Likun was not sure of Wang Nuo's operation, and the reason was very simple......
Wanli Institute of Finance.
"I also belong to Wanli Financial Group, and I hope to believe you. Wang Nuo hung up the explanation call from Wanli Futures Company, and Wu Xuan, who was sitting opposite him, kept a stunned expression.
The last transaction information was sold to Ren Likun by someone inside Wanli Futures, Wang Nuo was originally going to change positions, but if you think about it carefully, these futures companies in the industry are not completely clean, so why not ...... Let's complain.
Futures companies are logically unable to intercept customer transaction information, from the point of view of procedure, the customer's trading instructions directly through the system, futures companies can only get the total flow data, but can not resist the attractive interests, almost all futures companies in the industry have done something.
If this kind of thing breaks out, the Futures Supervision Department under the China Securities Regulatory Commission and the World Financial Exchange will definitely make the futures company want to live and die, so the futures company needs to step on the line to do this kind of thing.
Of course, ordinary traders don't care, even if they go to make trouble, futures companies can also wash themselves, by the way, do a wave of public relations, look back and maybe promote a positive image, if the customer can endure, the futures company will sit on wax.
Small investors will believe that futures companies are "innocent", but medium-sized investors will prefer to believe that they have, coupled with the attention of regulators, a careless will suffer.
Wang Nuo had no status before, the amount of funds was average, and he was still a newcomer to the futures market, so of course his words had no weight, but now he ...... He didn't believe that Wanli Futures dared to call up his trading information for small profits.
And now is different from the past, if Wanli Futures calls Wang Nuo's transaction information, Wang Nuo will sometimes be happier, and he can rip off the bamboo, such as this time......
"After reading my transaction information, it's normal to give me a commission reduction. "Near the close of the market on Friday, Wang Nuo did not sit in the office of the securities research department, but stayed in the futures research department.
"You're amazing. Wu Xuan has no opinion on Wang Nuo staying here, but he sincerely admires Wang Nuo's warning to Wanli Futures, and what he admires the most is ...... Wang Nuo can actually know who leaked his transaction information, which is terrifying.
It's no wonder that the futures company is not scared to pee, and if they don't give Wang Nuo an explanation, it will be difficult for them to pass the test.
"A thousand things and eight hundred. Facing Wu Xuan's emotion, Wang Nuo said indifferently, in fact, he did spend seven points of energy, about ...... 700 yuan, this matter was done, so that Wanli Futures began to be suspicious, and played the favor card.
But these are only the details, and the changes in the market are the most critical.
Whether it is Wang Nuo or Wu Xuan, they are optimistic that there are variables in the futures market, and they all feel that the black system will definitely not be able to run.
The difference is only in the intensity and amplitude, and at critical moments like Monday and Friday, they will definitely sit together and watch the market.
Just like now, if there is no movement for a while, then it is almost certain that there will be no human driving force on both weekends, and if there is no movement on Monday, it is almost certain that there will be no major events in the middle of the week.
It is the practice of financial markets that the volume explodes on Monday, changes will definitely occur in the middle of the week, and an explosion on Friday will start brewing at the weekend.
When Wang Nuo held a position in rebar, at about 2,648 yuan per ton, he slowly bought 5,000 hands, and the bullish position was less than 2,650 yuan, and 5,000 hands was 50,000 tons, and the total amount went directly to around 132.5 million yuan, and the margin ratio was less than 10%.
This is a heavy position within a heavy position, but Wang Nuo and Wu Xuan don't feel anything.
Wang Nuo is confident, and Wu Xuan feels that the expected profit and loss margin can stand it.
"If you touch the 3,000 yuan point, you will fall to the resistance level of 2,500 yuan at most, and the maximum may fluctuate between 2,500 yuan and 2,800 yuan. Wu Xuan was very calm, and all kinds of data and inferences appeared in his heart: "If you can't kill Arnold, you can't support him, it's just ......"
"Arnold's view of volume is a little different from mine. Wu Xuan thought of this again, and then shook his head directly, "That should be a small probability event, if that's the case, then the possibility of a big rise is not small, but the possibility of a big fall also exists, the former is a little bigger than the latter." ”
Wu Xuan's shaking of his head, Wang Nuo could see it, but what he didn't say was that in fact, he wanted to press the position harder, but it was just ......
Today is Friday, there is a high possibility of market volatility, and if Wang Nuo's position is too heavy, it is likely to blow up.
According to the information available, 5000 hands is the most appropriate starting point, if the market trend is more in line with Wang Nuo's inference, the market outlook is the key, and the early stage is only brewing for Wang Nuo.
Wang Nuo regarded the early stage as brewing, and when he thought that the early stage was brewing, it was the market that Wu Xuan and others thought.
The trading volume is too large, every day may break out, today is very likely to be the beginning, because this is the penultimate Friday at the end of the third quarter, and next Monday is the Mid-Autumn Festival break, a total of three days of window period, if the long and short sides get enough positions, today to start hedging, and then ...... Quotes are starting to emerge.