The technical aspect of coking coal is much better than that of coke, and under Ye Yaohua's suggestion and limited funds, Wang Nuo chose to trust Ye Yaohua and only opened positions for two varieties.

The face value of the contract is close to 200 million 600 million yuan, and for the investment of 60 million yuan, the early position opening steps are very high, after all, ...... Even Wang Nuo was not 100% sure that he would win.

Leaving enough space and allocating positions to the timeline is still the most reasonable way to invest.

Four or five times the leverage, referring to Wang Nuo's previous investment cases, Ye Yaohua also felt that he was "cautious" enough, and he and Yuan Rongxin have not paid attention to this, but to ...... The market is changing.

If the strategy does not move, with the current data and market state, it is very likely that there will be a peaceful ending, at most, the main force will reach a tacit understanding, strangle each other for a round of retail investors, and then retreat.

So...... From another point of view, the people who bet on the good are not only Wang Nuo, but also thousands of investors, whose predictions of strategy changes come from the analysis of various data, resulting in the cognitive psychology of prices.

A thinks the price is A, B thinks the price is B, and C thinks the price is C...... This resulted in the final compromise, which is the current price point.

As long as there is a little wind and grass, the price will follow, and it is now mid-February, and everyone in China's financial circle knows where it is most likely to move.

"Two sessions!" Ye Yaohua knew very clearly.

"The wind is coming out. As a strategic analyst, Yuan Rongxin is more clear.

The two sessions, which ordinary people only regard as a topic, are a capital feast for financial practitioners to determine the future direction of the industry.

It may be a small issue, which may reveal the control and expectations of the strategy for the future, and then ...... The market reacts and the data adjusts.

What's worse is that when there is a change in the strategy, it is impossible for the investor psychology to give a completely objective response in the short term, and the market will change more frequently than the strategy.

In the long run, the market and the strategy are compatible, and in the short term, the market will be far more variable than elsewhere.

Monday flies by in the blink of an eye.

Tuesday was also windless and waveless.

On Wednesday, February 13, the day before Valentine's Day, Wang Nuo's research report to the buyer was already a little swept to the pile of paper, and the nerves of the corresponding personnel began to tense.

In the past two days, some representatives of the industry and various places have been tacitly allowed to express their attitudes, and the direction of change in relevant strategies has been given.

Topics such as medical care, property market, taxation, and poverty alleviation have all been discussed.

The sharing economy and virtual currency are also a bit windy.

Environmental protection and new energy, which were originally hot topics, no one seems to deliberately hype them, and no one deliberately points them out.

It stands to reason that this is the signal to be cold, the expectation given by the market...... Seems like a bit much.

The situation that made Wang Nuo stunned then happened, and the corresponding section of the stock market fell in response, thanks to the rise in the price of black futures products in the early stage, the supply side seemed to be relaxed.

To put it simply, the price of coal and iron is so high that the supply-side reform that has been carried out in the past few years seems to be slowing down, and it is strange that factories do not increase their horsepower to supply more points.

The chain reaction is that if the producer feels that the price is right, then there is the possibility of entering the futures market and selling the hedging contract, and the price of the corresponding futures contract will fall.

I first determined that the supply would be increased in May, and then I felt that the current price was good, so I directly sold the corresponding futures product contract in May in the futures market, which means that I have not yet produced, and the future product has been sold, and the price is no risk.

More selling orders poured in, and the consequence was naturally that the price fell, and the bearish voice of the market will definitely raise its head.

However...... Wang Nuo is long.

The main contract price of rebar is testing in the direction of 3,000 yuan per ton, and coking coal is also peeking at 1,100 yuan per ton.

That's the influence of strategy, sometimes not talking, it's also an attitude.

But...... The temporary decline, from the perspective of longs, also gives more space.

"Add to your position. Wang Nuo suddenly only had these two words floating in his mind.

"Increase your position?" According to the investment plan that has been formulated, Ye Yaohua did not hesitate at all.

The data of 3000 and 1100 did not exceed a certain directional forecast of the investment plan, and now the feedback given by the market is that the downside is small and the probability of decline is large, and the upside is large and the probability of rise is low.

Since there is little room for decline, in fact, increasing positions is not an unacceptable outcome for bulls, and it is also because the bulls have a relatively strong willingness to make up for their positions, so the probability of falling is small, and the market ...... It's so amazing.

According to the plan, Ye Yaohua almost mechanically operated to stack the position a little higher.

2174 lots of rebar, the purchase price was 3017 yuan per ton.

743 lots of coking coal, the purchase price was 1,128 yuan per ton.

After doing this, Ye Yaohua's tense nerves reached the limit, because ...... There's not much space left.

3000 and 1100 are two data resistances, the so-called probability of falling is large, referring to more than 3000 and above 1100, the same is true for small downside, breaking this resistance level, the situation will be different, at that time...... will enter the short strangulation zone.

"What caused the environmental protection and new energy sectors to rise sharply? It is impossible to transcend the strategic changes, right?" Wang Nuo is still a little uncertain.

A strategy can be a strategy, but if there is a small voice such as tax incentives, it is also possible to create corresponding market movements in the case of excessive changes in market psychology.

Or rather...... The weighted enterprises in the corresponding section have issued their own positive voices.

These are all possible, but these circumstances may lead to Wang Nuo's investment in the wrong direction, a lot of losses are not enough, and the probability of profit and loss returning to 50% is an ironclad outcome.

But...... The proportion of energy consumption of the honest pen has been generated, and the information obtained from the buyers also shows that this round of strategic changes will involve such issues, and the mainstream also agrees that the policy side will not ignore this issue.

"Is there a change?" or is it ......" Wang Nuo's heart was full of uncertainty: "Are you brewing a big move?

The market is chaotic, and data will be affected by infinite variables, which is also the charm of the financial market.

Even the financial elite only have a bunch of probabilities in their hands, not answers.

On the 13th, in the afternoon, after the closing, the information finally came belatedly.

"...... of the topics of the two sessions"

"China Blue ......"

"Environmental protection, new energy ......"

"15 years, 15 trillion!"

Everyone knows that the stock market may go crazy tomorrow, but tonight night trading, commodity futures will go crazy overnight.

It's really a big move.