Chapter 279: Mysterious Trader

With 50 times leverage, as long as oil futures rise by 1%, he can earn $5,000 with a principal of $10,000.

If you want to make $10,000 with a principal of $10,000 in the stock market, I am afraid that you need to rely on some great luck, and you may not be able to complete it in a year and a half.

But in the futures market, it can only take a minute.

"Looks like I'm pretty lucky."

Chen Weidong smiled slightly, and the price of oil futures really rebounded to $15, but he did not rush to celebrate, but started to sell short with his backhand.

In other words, it is only by falling at this time that you can make money.

If he continues to rise, Chen Weidong will lose money instead.

"Whew~"

"$10,000 in hand."

In just ten minutes, the price of oil futures fell slightly, and the range amplitude reached 2%.

And Chen Weidong also took advantage of this back and forth shock and cleverly earned a profit of 2%.

Exactly ten thousand dollars.

Chen Jie was not so lucky.

He was originally going to sell short, but when he saw that the price of oil was rising, he was in a hurry to chase the rise, but when the price fell, he did not close the position in time, resulting in no money at all, and a small loss of several thousand dollars.

"It's still worry-free about stocks, just buy and wait for them to rise or wait for them to fall, and you don't need to operate frequently at all." Chen Jie couldn't help muttering, the leverage of futures is too big, and it is not suitable for people like him who react slowly.

Even if you get it right 99 times, the last time you make a mistake, you may go straight back to the pre-liberation period.

"Oh? Young people are in good luck."

The blonde man next to him didn't pay too much attention to Chen Jie, because in his eyes, it was normal for this kind of novice who didn't understand futures to lose money.

To his surprise, Chen Weidong actually seized the two opportunities that appeared on the board accurately, which made him have to sigh that it was really good luck.

"I think when it gets $14 later, I might be able to place another order."

The blonde man stood aside and watched, and from time to time "kindly" pointed out Chen Weidong, but he didn't have any intention of operating.

"Thanks, I'll think about it."

Chen Weidong's heart is like a mirror, how could he not know what this guy is talking about.

However, the current trend of oil just happens to be able to operate in this way, and does not mean that the next trend will be the same.

The law of the market can be copied, but the probability of the same trend in a short period of time is very small.

Not betting on small probabilities is an important criterion for a trader to make sustainable profits.

Of course, in the short term, it still doesn't matter, the main thing is whether the value is worth the risk.

This time, Chen Weidong did not keep it anymore and directly chose the cross operation.

The way to do this is to buy long, which means that the price of oil is expected to rise.

In this way, Chen Weidong can make a profit.

Ten minutes later.

I don't know if it's God bless or Lady Luck's favor.

The price trend of oil futures is fluctuating back and forth in a range according to Chen Weidong's imagination.

After making more than a dozen long and short pending orders in a row, he found an opportunity to close all the contracts in his hand.

At this moment, the funds in the account also changed from the original 110,000 US dollars to 200,000 US dollars.

"God! How did you do that?"

The blonde white man standing next to him was unbelievable, but Chen Weidong's operations were all done under his nose, and he was definitely not dreaming!

Holding back the shock in his heart, he continued: "Young man, although you have made a lot of money, the amplitude of the market has become very small now, and it is almost impossible to operate anymore."

Now the volatility of oil futures is gradually narrowing, and there is only about 1% room for shock.

It is almost impossible to make a profit within this 1% fluctuation, because each transaction needs to deduct a certain fee, and the fluctuation is too small to achieve a profit at all.

Many people are busy for half a day, and eventually work for the exchange.

However, Chen Weidong shook his head after hearing this, and said to him, "There are no absolutes in everything, I think there is still a chance."

After saying that, Chen Weidong didn't pay attention to him anymore.

Instead, he focused all his energy on the futures charts on the computer screen.

1-minute candlestick chart.

5-minute candlestick chart.

15-minute candlestick chart.

.....

The magical K-line chart hides the flow of countless funds, and the elusive psychology of market investors.

If you can read, then you can control the whole world.

Chen Weidong couldn't take his eyes off it, as if he was fascinated by the display screen.

A faint candlestick chart appeared in his mind, which gradually overlapped with the candlestick chart on the computer....

A grid of beatings, ups and downs....

"Order!"

This time, it is still a full warehouse operation, faster and more decisive than the last time!

"Close the position."

Sure enough, the trend chart in reality is exactly the same as what I have in my mind!

"Go ahead, place your order."

"Close the position again."

In this way, Chen Weidong is like a programmed robot, in a few minutes, frantically tapping on the keyboard, carrying out one operation after another.

On this amplitude of less than 1%, small profits are constantly ingested.

As the number of transactions increased, his money was like a snowball, rolling bigger and bigger.

Even if it is only less than 1 or half a percentage point of profit each time, but a dozen times, dozens of times, it has become a very terrifying number.

The focused eyes, combined with the hands that quickly tapped the keyboard, the surrounding investors looked sideways.

When they saw Chen Weidong's miraculous operation method, they couldn't help but stop what they were doing and became stunned.

"Oh my God! Who the hell is he?!"

"Even a computer can't make such an accurate judgment."

....

A million dollars!

It took Chen Weidong less than 30 minutes to operate the funds in his hands to one million.

There are some investors next to him who want to follow the synchronous operation when they see Chen Weidong's operation, but their methods are too slow.

Often Chen Weidong has already closed the position, they have just put the list out, and the price of the disk has undergone new changes, and it is impossible to keep up with this rhythm.

Talented!

It's a pity that such a genius is in front of everyone, but no one can copy it.

By the time he breathed a sigh of relief and stopped, there were bursts of applause all around.

「Good! It's a miracle!"

Countless investors have given a thumbs up when they see this, and they sincerely admire that they have never seen a trader of this level in their lives.

Even Chen Jie and others, who thought they knew Chen Weidong very well, were shocked.

When did Ah Wei become so powerful!

100,000 dollars, turned into a million dollars in such a short period of time!

It's a magician!

No! It's the God of Wealth!

Li Yun and the others glanced at each other, and saw a trace of crazy thoughts in each other's eyes.

However, Chen Weidong only took a slight breath and continued to stare at the trend chart and began to place orders constantly.

He wants to make the million in his hand as much as he can.

"Good opportunity! It's a double bottom!"

On the five-minute K-line, Chen Weidong found that the oil trend has appeared a double bottom, coupled with a single needle bottoming down in shrinkage, and the trend of double bottom has basically formed.

Predictably, the next step is the rebound!