Chapter 44: The Battle of Christmas (5)
Benefiting from the six-week rise of the Nikkei index and the strong psychological expectation of approaching 40,000 points near the end of the year, the market is showing a very optimistic mood, and the money pouring into the bulls is like a tide. In this case, the bears can only open an opponent's order at a very high price, and even as high as 39,500 points at one point, approaching the psychological mark of 40,000 points.
Even so, once the short order is thrown, it was immediately taken down by the long order, and everyone knows that most of the long orders in the market have been taken over by Japanese funds, and now there are only some leftovers leftovers, if you are not more active, I am afraid that even this point will be gone.
However, when the market suddenly appeared so many short orders cleared, it immediately poured cold water on the frenzied market sentiment. Analysts have come forward to say this, and all kinds of bizarre excuses have been thrown out one after another.
One of the most plausible theories is that the annual audit of the Japanese foundation is imminent, so there may be a large-scale withdrawal of Japanese funds in Singapore, and it will not be large-scale until their internal transfers have settled down again.
"Is this the reason for the large-scale withdrawal of Japanese funds?" In Japan's operating room, Jim is gathering all the traders to discuss the recent anomalies in the market.
"Quite possibly!"
"There are so many long orders in the market at once, it will definitely have an impact on the Japanese market, is this the time for us to build a big position?"
Many traders are also very excited, they have fought with Japanese funds so many times, winning less and losing more, not because of insufficient funds, but because the bullish performance of the Japanese market indirectly affects the Singapore index, leaving them helpless.
Aggrieved traders are now waiting for an opportunity, a chance to turn around in one fell swoop, and now, this opportunity has come.
How to clear the long order, one is to have a new long to take over, commonly known as more exchanges, and on the other hand, to take over the short order, that is, to flat. Now there are hundreds of thousands of long orders in the market, but in the case that everyone is bullish, there is simply not enough funds to take these long orders.
Now, only Jim's gang can move on.
"But if we suppress the Nikkei now, what will happen to our winnings?" A voice rang out abruptly in the midst of an enthusiastic discussion, and only then did the others remember that they still had a small coffer.
"Hey, Roger, have you forgotten that the focus of our operation is on that amount of money, not our money, you understand? Besides, if we can make money here, it's much more than those small ones. Matt scoffed, a disapproving look on his face.
Yes, as long as the amount of money they have on hand jumps by one percentage point, the amount of money that can be earned or lost through leverage amplification exceeds the money that has been misappropriated.
There was a burst of laughter in the operation room, and Roger's face was red and white when he spoke before, obviously he didn't expect this relationship, he was so concerned about his prize money that he completely ignored the purpose of this time.
There are not a few people who think like him, Jim felt the need to remind him, and after coughing lightly, he said: "Gentlemen, in fact, our goal this time is to completely suppress the Nikkei on Christmas and in the next few trading days, although I don't know what other tricks they have, but for now, our opportunity has arrived, and as long as we achieve the specific goal, the next thing is to see the follow-up chain reaction." ”
Everyone understood that they were just marching forward, and to put it mildly, they were cannon fodder. But they don't care, the funds that can be operated this time alone have far exceeded their expectations.
There are two ways to measure a trader's ability, one is to look at his consistent profits, and the other is to see how much he can manipulate the size of his funds. A good trader (fund manager) who can manipulate billions of dollars and still make a profit for a long time is a legend in the industry.
"All right, gentlemen, now that everyone understands their mission, let's go all out!" Jim knocked on the table, a grimace on his face, and cheered everyone up in this way.
"Yes, sir!" The traders shouted yes, then got up and left their seats, and all of them began to frantically smash the market on the Nikkei futures market.
"What? Someone is starting to swallow multiple orders? "When the information appeared on the screen of the transaction, everyone was shocked.
When a large number of orders were thrown out in the market, many people were speculating about how long this situation would last, and whether someone would follow, but only a few hours later, dozens of thousands of lots of transaction information poured out from the screen, and a small half of the long order was swallowed in an instant.
Moreover, this momentum has not stopped, and the number of short orders with larger and lower quotations has also emerged, and even the quotation has been reduced to the 39400 mark, which is clearly a rhythm of beating the water dogs.
Now, it's up to you to see how to operate long orders.
According to the current quotation, the profit of long orders will be squeezed into a limited range.
To everyone's surprise, the long orders actually accepted this price and quickly closed the deal, closing a part of the long orders again.
Everyone understands that this is the money to leave the market at all costs, and now those who want to enter and leave the market are active, those who want to go long begin to eat this long order, and those who want to close the position also want to hedge their short orders by buying long orders.
The volume of transactions increased instantly, which naturally brought a lot of difficulties to Jim's team. However, they took advantage of the opportunity and had sufficient funds, and finally managed to eat more than 40% of the orders of the Japanese consortium before the end of the trading this week.
There were so many long orders from the Japanese consortium that it took the market three trading days to digest all their long orders.
Of course, there is a large amount of capital, but more importantly, Jim and his team frequently sell a small number of short orders at a very low price in order to suppress the Japanese market.
These prices can not only be traded quickly, without touching the number of long orders, but also forcing multiple orders to reduce the price step by step.
In this case, in order to be able to quickly close the deal, the long order can only reduce the price again and again, and because it is a large volume, each time the quotation is reduced, it will cause market fluctuations.
The Nikkei index just fell little by little until it reached the 39300 level.
Jim felt that the time was almost up, and threw a short order of more than 15,000 lots in the market, and the price was set at the 39,000 position, as if to tell the bulls that this was the floor price.
The average opening price of a long position is at the level of 38,500, and even if you sell at the price of 39,000, you will make a lot of money. It's just that watching the bears squeeze profits step by step, anyone will be very unhappy in their hearts.
Kaoru Iwamoto was also quite cooperative, and Zuihou closed all 38900 in a position that surprised the market, and he also indirectly pitted other Japanese.
Affected by them, the market in Singapore opened low for a whole week, pulling out a negative candle of Xiangxia.
On the trading day of Zuihou this week, Jim and his team established a short order with an average price of 39,100 hands of 200,000 hands, which cost about $2.6 billion, and another part of the Japanese consortium was taken over by other investors in the market, and there were about a million contracts in different directions in the entire market, and Jim's team accounted for a full 20%.
Affected by the departure of most bulls, the confidence of the bulls was greatly hit, and the index in the Singapore market also fell sharply, and the disk once fell below 39,000 points, but at the end of the day, the bulls counterattacked and barely stood at the 39,000 mark.
Affected by Nikkei futures, the Nikkei, which had risen for six consecutive weeks, did not rise in this week, but fell by 230 points, and in the week before Christmas, Jim achieved his intended goal, making a profit of about 10 million dollars.
Before the weekend, Jim received a call from the United States, and the person on the other end of the phone was very satisfied with his performance, and praised him for the first time, which made Jim very happy. However, when he asked about the follow-up operation, the person on the phone sent him away with a sentence of continued bearishness.
"Jingle" was already ringing in the streets
bells", and from time to time, you can see a few people dressed as Santa Claus scattering candy, and the whole street is filled with a Merry Christmas atmosphere.
The Japanese market is closed for Christmas, but in Singapore, Christmas is an official holiday. So Jim and his team had three days off.
For Westerners, Christmas is one of the most important holidays of the year, and as soon as the trading days are over for the week, they can't wait to catch a ride to Tokyo, from where they can fly to the mainland of the United States and Europe, and then back after Christmas.
Only Jim and Maxim, Matt, and a few other people with evil intentions remained.
"Jim, there's nothing wrong with our money, can we?" Matt, who remained in the operation room, glanced at Maxim, who was pretending to be busy, and asked in a low voice.
"There was no problem, in line with the direction of our capital operation, and we made about a million dollars." Jim had a smug look on his face. However, he also forgot to let the broker dump all these short positions, and in his opinion, the Nikkei will continue to fall next week.
"That's a lot of money, isn't it?" Matt put on his coat and whistled triumphantly. "Hey guys, I'll go first, Merry Christmas!"
"Merry Christmas!" Maxim, who was still tapping in front of the screen, replied casually.
"Jim, how much do we earn?" When Matt was gone, Maxim walked up to Jim's side, with irrepressible curiosity on his face.
"I lost about $1.2 million, and I'm wondering if I'll get rid of it all on Monday." Jim said with a gloomy face and some absent-mindedness.
"Don't think about it, at most 50 million will be closed, so that you can still control your own funds, so that you can give investors an explanation, and the other 100 million funds should evaporate out of thin air!" Maxim's face was also gloomy, and he knew that Jim was not lying, because he also had relevant account information.
"It seems that we have to come up with a foolproof way to completely obscure this money, so that we can not only shut these people's mouths, but also cope with the inspection from above."
Most of Jim's funds are invested in the Singapore futures market through foreign brokers, and some of them are used as margin, while the remaining about one billion dollars or so are left in the Japanese market as a hedge risk.
This part of the Japanese capital can be easily fooled by a little manipulation of the transaction history. All the people in his team were tied to the boat, and I believe that no one would say it, otherwise no financial institution would hire such a person again.
"Have you figured out how to spend Christmas?"
"Still going to Kabukicho? It's your turn for a treat! ”
"Deal!"
Jim and Maxim looked at each other and smiled, both understanding each other's thoughts, it was time to vent the desire that had been held back for a long time. (Today, I added a new chapter, and in order to thank you, there are more than 4,000 recommended votes.) In addition, the update progress of this book has been temporarily slowed down during the revision period, and it can only be updated once on weekends, the author apologizes here, and I hope you will forgive me. )