Chapter 0026 - Buy London Gold
Zhao Weidong first wants the relevant personnel to immediately provide the latest points of today's London gold, because London gold is not like gold futures, the daily trading hours are Monday to Friday 9:00-11:30 and 13:30-15:00, but Monday to Friday 24 hours of trading, generally settled every day 4:00-6:00 (except for national holidays and foreign holidays).
After a while, the relevant personnel sent the latest trend chart of today, and Zhao Weidong immediately hid in his room and carefully checked the trend of the whole day. Seeing the final point on today's chart: 126.80 (US dollars / ounce), Zhao Weidong was obviously relieved, time or to rush to himself, this is a very critical transaction, if this transaction is done well, you will be able to accumulate a certain amount of capital, greatly shorten the development time, otherwise many years later or limited funds will not be a climate at all.
I thought that there were 900,000 US dollars, as a start-up capital, it would be able to smooth sailing and rapid development, but I didn't expect that until now, the development of that account is slowly crawling like a snail, and now there are only 36 million US dollars in the account, but the funds in the loan account have rapidly developed to 3.8 billion US dollars, and the gap between the two accounts will become bigger and bigger.
After careful consideration, Zhao Weidong decided to issue an order to buy London gold as soon as possible; Buy in batches at the point where it fell to 126.00 (USD/oz). After giving the order, Zhao Weidong immediately contacted his company in the UK to find Di Lingjun, but he didn't expect it to be such a coincidence, it was Di Lingjun who answered the phone:
"Hey, hello. I'm Di Lingjun. ”
"Sister Lingjun, I'm Weidong, when did you get to London?"
"Chairman, I arrived yesterday afternoon."
"You arrived a day before me, I just arrived this afternoon, how are things going?"
"Chairman, everything is ready, I arrange people to be on duty 24 hours a day, each shift must not be less than three people, there must be no mistakes, and any price changes in gold must be reported."
"Sister Lingjun, I think so, our amount of funds should be not small, we can't buy all at once, it's too eye-catching, I decided that we start from the point of 126.00 (US dollars / ounce) and buy in batches according to the real-time point."
"Chairman, I'll arrange it according to your instructions."
"Okay, Sister Lingjun, goodbye."
"Goodbye, Chairman."
Put down the phone, Zhao Weidong thought that he had finally issued the operation instructions, this is only the first step of the transaction, there is still the problem of buying, there is also the problem of selling, although he is very clear about the trend and point of gold, but the business of billions of dollars at every turn, it is impossible not to be nervous, Zhao Weidong continues to pay attention to the trend of the market.
Zhao Weidong knows very well that the market is unpredictable, his last life is an obsessed stock and futures investor, very much worship experts, very believe in the technical analysis of experts, because he is an expert in shipbuilding, the shipbuilding industry is definitely more professional than the average person, know more, out of trust in the profession, Zhao Weidong chose to believe in expert analysis, but again and again investment failures made him feel confused, what is going on?
In fact, more than 100 years of history have proven this.
Zhao Weidong knows that the general direction still has a certain degree of predictability, but this kind of macro prediction alone is still not traded, because the direction of the market is composed of specific fluctuations, and what you face in trading is mainly specific fluctuations, and specific fluctuations are difficult to predict.
There are many examples of buying in a bullish trend and selling in a bearish trend but still losing money, and Zhao Weidong's own past life is a good example. Moreover, in any clear wave of trends, there will also be a large number of people who will lose money, which also shows that a truly predictable trend with relative stability is not very important in the specific trading of investors, while unpredictable fluctuations occupy too much of the investor's energy.
Predicting the market and being ahead of the market is essentially beating the market, and human development has now realized that it is not advisable to beat nature, and it is more important to find ways to live in harmony with nature, and the same is true for trading!
Zhao Weidong knows that instead of trying to beat the market, it is better to find a way to live in harmony with the market, that is, every investor should not make a profit by predicting the market and defeating the market, but should pursue a harmonious coexistence with the market to make a profit, which is objective trading.
Objective trading is not to trade by predicting the market, but to objectively recognize and recognize the true state of the market, to trade according to the true state of the market, it does not think about what the market will do in the future, only pays attention to how the market is at present, it has no long or short view of the market, it is a follower of the market, not a leader.
Buy not because it is bullish, or predict that the price will rise, but because the price has risen and the trading system gives a buy signal; Selling is not because it is bearish, or predicting that the price will fall, but because the price has fallen, and the trading system gives a sell signal.
Because Zhao Weidong already knows the trend of the market and knows that he only trades according to the trading signals given by the fluctuation of the market price, he only observes the fluctuation of the market, rather than pursuing the pursuit of predicting the fluctuation of the market, just like the relationship between the orderly and the leader.
It is impossible for the orderly to know the specific actions of the leader in the future, he just follows the leader closely, once something happens, the leader will naturally tell the orderly what to do and how to do it, the future action of the leader does not need to be guided by the orderly soldier, for the orderly soldier, his job is to be as familiar with the leader's temper and character as possible.
The same is true for objective trading, the market is the leader, and every investor is a soldier.
Each investor only needs to be familiar with the characteristics of the trading variety and try to understand the instructions given to you by the leader of the market, and then resolutely execute, that is, the transaction becomes the execution of trading signals rather than complex analysis and thinking.
Every investor just waits patiently and then starts trading, instead of thinking, analyzing, predicting and then trading. Objective trading can avoid the unsolvable problem of predicting the market, and trading will be easier and more effective.
The legendary Livormo said it best: "I never made money by thinking, I made a fortune just sitting there." ”
Someone else said, "I just bent down to pick it up when I saw the profit lying in the corner." "Note that he bends down to pick it up when he sees the profit, not predicts that the profit will lie there, and that's the essence of objective trading.
Living in harmony with the market rather than beating the market is what objective trading requires for every investor. Anyone can do that. Trading is a personalized act, which means that his leadership, i.e., trading signals, is not the same for different investors.
The crux of the matter is that an objective trader only waits for a trading signal to appear before trading, and does not predict a trading signal to trade.
For investors who look at the graphical structure, he will only enter the market if the graphical structure is broken, as long as the price does not return to his stop loss or take profit point, he will hold a position, and the price does not need to pay special attention to the fluctuation of the allowable range, and do not have to pay too much attention to the fluctuation of the price and make himself generated: the price is about to or will definitely move in an unfavorable direction and the idea of early exit.
Moreover, for objective traders, once the price gives a trading signal, the job of each investor is to execute it immediately, without paying attention to why the price is moving the way it is. And the most important thing to focus on is the cause of price fluctuations. Objective trading is only a matter of acknowledging the reality and then adapting to it.
But how does every investor look for trading signals?
To put it simply, all the trading theory and technical analysis tools on the market today can be your tool for discovering trading signals.
The key is the question of how to apply, and this is a question of methodology, not theory. Wave theory, Gann theory, as well as moving averages, support lines, resistance lines and graphical structures all have this function, the problem is that you don't have an idea of what the price will do because of the fluctuation of the price, but you must see how the price has really been before every investor can trade.
In a bull market, you will definitely be able to find a support line, if you enter the market to buy according to this line, then you should definitely leave the market without hesitation if it falls below this line, otherwise you should keep holding it.
In between, the price will definitely go up and down, sometimes violently, but this should not be the basis for your trade, you should not think that the price may break the support line just because the price has risen sharply and then pull back sharply, but you should see that the support line has been broken before you can say, "Oh, it's time for me to get out." ”
Of all the trading theories and technical analysis tools, each investor only needs to find the one that is proven and suitable for him, and then he can trade accordingly.
The specific way of trading varies from person to person, but since you have chosen a trading instrument, then you should use it as the basis for trading, and other things should not come in and interfere with you, only then can you really remain objective and not be confused by market fluctuations.
Trading tools must be suitable for themselves, because different tools have different functions, but also only adapt to different people, so you don't have to use any tools, because you can only earn your own profits, so that you can rest assured that you belong to the world, now Zhao Weidong is different from any person, he has mastered the clear trend of social development and economic development in the next few decades, he knows the stock market, futures, and the generation, development and outcome of the world economic crisis, in the next few decades, He will be the king of this era, and he will create the glory of an era.
In the afternoon of the next day, the two companies began to build positions in batches at the point of 126.00 (US dollars / ounce), all of which were completed between 125.90-126.00.