Chapter 305: Up
"Heavy positions mean that we cannot make corresponding operations when the market reverses the adjustment. {with}{dream} щ{suimеng][lā}"
"When the market starts, our team does not dare to say that it can completely hold the position at the lowest price, but there is still a great certainty of the returns beyond the risk area. ”
"The premise is...... The volume is really adequate. ”
"The amount is there, and the space is there. ”
Early in the morning, Ren Likun and Huang Deming held a meeting, and the rich people are also very hard-working, especially the group of futures speculators, even if they are investors who spent all night last night, they will not miss the meeting with the head of the investment team during the market change period.
What the professionals say must also be very reasonable.
The return beyond the risk area should be the most important thing investors want to hear.
But futures speculators are always adventurous, Ren Likun is not dissatisfied with the investment team, but Wang Nuo's position always comes to mind.
That's speculation in futures, that's the charm of the financial market.
One step to heaven, one step to hell, what to do with technology to obtain profits beyond the risk is simply a mechanical operation.
"It's a pity that Wanli Futures doesn't dare to look at Wang Nuo's account information often. Ren Likun felt helpless.
It is illegal for a futures company to look at the transaction information of the customer's account, which is an off-the-table action.
When the customer's funds reach a certain level, the frequency of transactions, and the market influence are all available, futures companies will not dare to look at it, because the regulator will be staring.
Looking at the customer transaction information of one or two contracts in an account, the World Financial Exchange and the China Securities Regulatory Commission do not have so much time to check, and look at the transaction information of a customer holding a position of 10,000 or 20,000 yuan, and the ghost knows whether the regulator will find any clues, and the risk is big enough for futures companies to give up that little bit of information advantage.
Wang Nuo's previous trading information can be said to be casually read, and after yesterday's price changes and account profits almost reached 160, Wanli Futures was empty, and they knew with their toes that the regulator was very concerned about this market, and they didn't dare to do too much under the stage.
Therefore, Ren Likun will reach an agreement with Wang Nuo on the exchange of information last night, because it will be difficult for him to do it next.
It's a pity that after getting Wang Nuo's research report, Ren Likun still found out in the end...... Nothing to do.
The investment team is still so stable, and it is so stable that investors can't say anything against it.
Ren Likun and Huang Deming can of course strongly ask the investment team to follow their opinions, but ...... Professional things are still left to professional people.
The longer investors are in the market, the more rational they become, and those who are irrational will either jump off the building or jump into the sea.
October 9th.
The futures market carried out a sideways shock under the watch-and-see of the wall-riding faction, and the trading volume of rebar futures contracts was less than 1 million lots.
October 10th.
The futures market continued to move sideways, and the volume of rebar futures contracts declined further.
October 11th.
Continue to move sideways.
Over the past three days, the futures market has continued to move sideways, but the total position has increased, which means that the variables are still there.
The spot market also gave a resonant response, with rebar rising from less than 3,000 yuan per ton to around 3,050 yuan per ton.
The bulls are currently in the ascendancy.
The fundamentals have not changed much, the domestic economy is stable, and the forward-looking and expected data for the fourth quarter have not exceeded the industry's estimates.
The change in price should be a technical adjustment, so the question is, this adjustment ...... That's enough.
Taking rebar as an example, from 2650 yuan per ton below to 2850 yuan per ton above, beyond 200 yuan, close to 10 increases, the technical support should be completely consumed.
Moreover, the main contract is to be delivered in January next year, is there a basis for the price increase of black futures in January next year?
If you analyze the economic data, you can find out...... The public says that the public is reasonable, and the mother says that the mother is reasonable.
The price can be increased, but the relevant data ...... For example, the inflation rate, industrial value-added, currency exchange rate, and money stock should also change accordingly, and it is still the same cliché: to stimulate the economy by adjusting high risks.
The problem comes again, the risk of currency changes some time ago does not seem to have affected the black futures market, and the market at the beginning of the fourth quarter should be hundreds of billions of yuan more, and the price has now become like this, which is quite natural.
What's next? Will we return to stability, or will we continue to take the risks until they are digested?
You must know that after the economic development reaches a certain level, it can completely digest the risks that were originally released, and the market is in chaos.
Wang Nuo's foundation is thin, and he feels a headache when he looks at the data, but when he invests in futures and enters the market when the market changes drastically, he must understand the overall data.
You have to watch it if you want to vomit.
After three days, the cumulative volume of trading volume was less than 3 million lots, and the remaining volume of 50 million lots became less than 50 million lots at most, while the trading day changed from a total of 17 days to 14 days.
It is almost certain that there will be an average daily trading volume of close to one million lots, and tomorrow is Friday, but Wang Nuo suddenly began to have a sense of crisis.
The trading volume is so low that it returns to the usual data, and Wang Nuo can determine that the volume can break out later.
The volume of trading has increased sharply, and Wang Nuo can be sure that the calm will return after the market movement.
The trading volume is neither high nor low, and it is stuck in the data of millions of hands per day, which is very pitted.
In summary, the long-short confrontation until the end of October can also contribute honest and determined trading volume data, which is ...... How else to play?
"No, I guess I forgot something. A bright light flashed in his mind, but Wang Nuo didn't catch it for the first time.
From the end of the confrontation to the end, the probability of occurrence is very low, which Wang Nuo also knows, but there is still one supporting evidence, a small supporting evidence.
What is it?
Wang Nuo almost turned the pen of honesty into a phantom, and then he thought of the problem.
"Energy consumption ratio!" Wang Nuo felt like he had discovered a new continent as if he had been electrified.
The proportion of energy consumption of the honest pen is actually a certain quantity, which determines the impact of information on the market, and Wang Nuo will use it very early.
If the trading volume of the futures market is stable at the end of October, the energy consumption ratio of the honest pen should not reach 65 so, the front explodes, the back to play the confrontation, what else is there to consume?
Bullish and short are not losing or earning, so what is there to consume?
"From 2,650 yuan per ton to 2,850 yuan per ton, the consumption of trading volume is more than 20 million hands, and if the rest has no effect, why 65? Time is a line in my opinion, and there is no difference between lines and points in this thing. Wang Nuo's eyes flashed with determination.
"Shrinkage in the front? or shrinkage in the future? The second possibility is high! Then ......"
"The front should be a large ......"
"Up!"