Chapter 179 I Need Your Help
At ten o'clock in the morning, Li Yuan woke up.
I got home at 5:30 and went to bed around 6, but I woke up after only four hours of sleep.
I don’t feel sleepy at all, but as soon as night comes, I feel sleepy immediately.
When he was trading, his brain was a little confused and he could only screen as much as possible during this period.
I have been screening until today, but I can't continue, otherwise I will miss the best market conditions.
In fact, Monday and Tuesday are pretty good, because after he comes back, Jiang Yiling will also wake up, and then he can make himself tired and sleep until one or two in the afternoon.
But that bastard Jiang Yiling couldn't bear the humiliation and ran back to his hometown.
In her words, her work is very hard and she needs to learn to be more restrained so as not to hurt her body.
In fact, Li Yuan also knew that it was his mother who accompanied Jiang Yiling to the hospital for a check-up, and Jiang Yiling deliberately avoided her because he was worried about affecting the child.
At this time, I miss Chen Jie a little.
Being able to sleep deeply for a few hours will probably become more and more of a luxury in the future.
I could only get up to eat something and go back to sleep at two in the afternoon.
Then stay up late to watch the market and continue the habit.
There is no way to put it off until next week. Even if I feel sleepy by then, I have to do it.
Most people have never heard of the stocks he currently holds, because they are also small companies abroad.
Foreign funds don’t even look at small A-share stocks with a market value of 4 or 5 billion yuan.
Basically, each stock holds tens of millions of dollars, which is not a large proportion, but it is not low either.
Two or three o'clock ago.
In the first two days, he bought in large quantities, and in the next few days he made some minor purchases, clearing out some stocks and then buying more in the remaining stocks.
He mainly tests those who have more chips.
No matter how much you want, the other party is willing to give it.
After trying, he gave up all the tickets that did not give him chips.
I don’t have time to play with them now, let’s do it next time.
Those who are willing to give up chips for their shares show that they are struggling to hold on, but they don't want the stock price to fall, because if the stock price falls, their accounts will not look good and it will be difficult to explain to investors.
The current environment is not good. Any financial shock does not occur suddenly, but has long-standing causes.
For example, liquidity tightening and expectations of upcoming interest rate hikes.
No one understands this data better than those who work in finance.
In particular, the liquidity tightening is almost visible to the naked eye, and the situation next year is not optimistic.
They have a lot of investors' money in their hands that needs to generate returns, so the investors will not ask to take it away.
There are more than 5,000 financial institutions in Wall Street, almost all of which are public and private equity firms plus securities firms.
Their main battlefield is the 8,000 listed stocks in the U.S. stock market, and they live on stocks.
futures?
That is a game played by spot bosses or big capital.
Unless the funds are very small, only a few hundred thousand or a few million, and you want to get a little bit of the soup, otherwise if you have big funds and don’t have the strength to do it, you basically just give money to those spot bosses.
Wall Street needs to make a profit, needs to be accountable to investors, and needs to produce results so that more people will invest money.
So the US stock market is quite active.
Daily trading volume is around US$500 billion.
In addition, the United States has been flooding the market with money for a long time, and the U.S. stock market is the largest reservoir, so the status of the U.S. stock market is the same as that of the domestic real estate market.
Even if the market conditions are bad, various policies will be introduced to stabilize them.
It cannot collapse. Once it collapses, the wealth of the United States will shrink by 30%.
However, whether you can make money in it depends on your own ability.
Even if there is a bull market for ten years, people will still lose money.
Unless you buy stock index related stocks.
Another point is that when it comes to cutting stocks, the U.S. stock market is ruthless.
It is impossible for Wall Street to let others make big money. When the time is right, they will reap the rewards. After all, it is on their home turf.
Even when playing basketball, there are home court whistles, not to mention transactions worth hundreds of millions or even billions of dollars.
Unplugging the network cable was the first trick they used.
There is no soil for retail investors to survive in the U.S. stock market, and all retail investors will be targeted by institutions.
Unless you don’t leverage, are not short of money, don’t move anything for ten years, and happen to buy a stock with good growth potential.
That way they won't be able to cut it in the short term.
Sunday.
"Student Shu, I haven't been to class recently. Can you come over and tell me what the teacher taught? Otherwise, I will fail the next final exam."
Li Yuan really couldn't sleep, so he moved Shu Yanlin over to use as a pillow.
Then, the sleep quality was much better.
I slept from at least eight in the morning until three in the afternoon.
He invited Shu Yanlin to have a meal and then sent her to a place not far from the school before leaving.
It is not convenient to send the child directly to the school gate now, for fear of being seen by people I know and causing gossip.
Although it is true...
Finally, it's Monday night.
Li Yuan had lunch at around seven o'clock and went to the company.
The entire building had gone off work, with only the lights on at Sky Capital still on.
When Yu Yue saw Li Yuan coming, he went over and said hello.
"Boss Yu, why haven't you gotten off work yet?"
Yu Yue said with a smile: "Boss, the previous Manager Ye was replaced by someone else due to some circumstances. I was afraid that the boss would not recognize him, so I stayed a little longer."
As he was talking, Yao Yingsong came over and took the initiative to greet him, "Hello, boss. My name is Yao Yingsong. I am the successor to Manager Ye Sheng. You can just call me Xiao Yao."
…
In fact, Yao Yingsong is several years older than Li Yuan.
"Oh, I remember Ye Sheng told me about this. Manager Yao, right? Could you please buy a cup of fruit tea for everyone in the trading room? We'll be busy when the market opens."
Yao Yingsong immediately said, "Okay, I'll go buy it right away."
“Do you know how many people are in the trading room?”
"Yes, including you, the boss, there are eleven in total."
"Well, that's fine. Thank you for your help."
"No trouble."
After saying that, Yao Yingsong went out.
Yu Yue felt a little strange because Li Yuan had never ordered his employees to do anything other than work.
Besides, there is no habit of drinking fruit tea in the trading room.
So he said, "Boss, you can ask me to do this kind of thing in the future."
Yao Yingsong is a member of the National Big Fund after all, so it's not nice to order him around like this.
But Li Yuan waved his hand and said, "There's no need to bother Mr. Yu with such trivial matters. They are useless anyway."
Li Yuan also paid great attention to the people from the National Big Fund at the beginning. Ye Sheng was basically idle in the company and was not allowed to do anything.
And even though I didn’t actually trade last week, at least I didn’t lose money, right?
What's the result?
Ye Sheng actually ran away?
Is this your character?
So the total profit of nearly one million dollars last week was fake?
Have you, Ye Sheng, ever earned a million dollars in your life?
In this case, let's just work honestly from now on and don't spoil anyone else.
About an hour later, Yao Yingsong came back with things in his hands. He even found a small table and placed it at the door of the trading room.
Li Yuan didn't say anything. He told the traders to take a cup each and then went to the trading room.
There was still an hour before the market opened, so he had a good chat with the traders in advance, just in case they fell asleep or their brains weren't working well, they would not be unable to react.
These traders have followed him for several months, while those on Guo Meng's side are newbies.
These people have adapted to his operating rhythm and know what he means.
"If there is anything wrong, please report it to me immediately. I may not be able to react in time."
The market was about to open. Li Yuan gave instructions and everyone went to their respective posts.
Kingkong Capital is different from many fund companies. In most fund companies, the general direction is set by the fund managers, and everything else depends on the traders.
Some fund managers don't even necessarily go to the trading room.
Those traders also have considerable autonomy.
It’s different at Kingkong Capital. Li Yuan has the final say. He is involved in all matters and everything must be done strictly according to his requirements.
It takes a long time to adapt to this rhythm.
Forget everything and only listen to Li Yuan's instructions accurately to be qualified.
At half past ten, the U.S. stock market officially opened.
"DRT, six times leverage, open a short contract of 20 million."
"BBY, six times leverage, thirty million short contracts."
"YYTG, six times leverage, 20 million short orders..."
…
Following Li Yuan's instructions, the trading room began to get busy.
Li Yuan himself did not operate the system. The screen in front of him displayed more than a dozen stocks.
These tickets are distributed when the chips are distributed. No matter when Li Yuan enters the market, even if he enters with tens of millions of dollars, he can still receive the chips.
He only had $300 million in his hands, and he could only use leverage when opening a short contract.
If you buy tens of millions of dollars, the other party is willing to give you chips because they hope that more funds can enter the market and everyone can push up the stock price together.
This is a good thing about U.S. stocks: it is very convenient to open short orders.
Unlike short selling in A-shares, although it is short selling in name, in reality it is the same as nothing.
Small funds are not needed, and large funds are not allowed to be used.
Anyway, you can use it arbitrarily if you want to quantify it...
He is very clear about the current situation, that is, Wall Street funds have a strong desire to leave, but for those financial institutions on Wall Street, keeping the funds is the most important thing.
That's the contradiction.
So for financial institutions on Wall Street, if there is money willing to help stabilize or increase stock prices, they are willing to give up some chips.
But if someone comes out with a short order...
Even if they have money, they dare not accept...
Especially when tens or hundreds of millions are invested in stocks with a market value of three or four billion, it is not a small amount of money.
Once the support is insufficient, the stock price may even plummet.
There are almost no retail investors in these small-cap US stocks, all of them are Wall Street institutions.
They even communicate with each other.
If it were the A-share market, you would definitely be charged with market manipulation.
But in the U.S. stock market, few people check because everyone does it this way.
Even those stocks with a market value of hundreds of billions of dollars are almost always manipulated by Wall Street.
Li Yuan smashed more than a dozen stocks in a row, almost breaking through them all.
The one with the highest drop was more than ten points, and the one with the lowest drop was six points.
The carrying capacity is very weak.
Then, he began to use the remaining more than 100 million US dollars, leveraged, and started placing buy orders at the lowest point.
He only wants it at this price.
…
It was a little hazy in the morning on Wall Street.
After all, this is a common problem in big cities, and Manhattan is not on the sea.
McPherson is the owner of a private equity firm that manages funds of around $500 million.
Once upon a time, he was also a retail investor, but retail investors had a hard time making any progress in the U.S. stock market.
After he made his first $30 million with his keen financial sense, he became a thorn in the eyes of Wall Street. Whenever he manipulated a stock, he would be hit hard.
He once faced bankruptcy, but finally successfully recovered his tens of millions of dollars with more than two million US dollars.
Then, he couldn't beat them and joined Wall Street.
His Singer Capital has been established for twelve years, and McPherson is 52 years old this year.
He has been feeling really annoyed recently because his LP wants to take the money and leave.
Where does he get the money?
The money is all in the stock market. If you want to take it out, you have to sell some stocks.
The market is too fragile now. Reducing holdings by 10 or 20 million US dollars may cause the collapse of some small stocks.
Moreover, the tacit understanding among financiers is that it is impossible for them to reduce their positions at this time, because once a chain reaction is triggered, their wealth will shrink sharply.
In the game of finance, after most people enter the market, unless they lose everything and leave, if they want to make money, they have to maintain the bubble.
It's okay to spend hundreds of thousands or millions a year, but you can't just withdraw 50 million or even 100 million.
Just like cashing out a credit card, if you cash out 5,000 yuan each time, you will always have money to cash out and your credit will not be ruined. You just need to make up for it when you make money.
If you withdraw all the funds at once and fail to replenish the funds, you may face the risk of credit bankruptcy.
The stock market is more flexible because the leverage of credit cards is not high, while the leverage of the stock market can be several times or even dozens of times.
Every year they choose a time period to create unexpected market conditions and attract external funds.
So their overall funds are increasing, and since the stock market value is bubbled, they have been making money in nominal terms.
Those who leave the market first can take the funds that enter later with them, and this game can be played forever.
Unless...most of the funds want to be withdrawn.
For example, recently, he received a hint of a $200 million exit.
The only way to keep the money is to make investors think that they can make more money by keeping the money here.
Last week, other funds entered into one of his stocks, which made him overjoyed.
When other funds come in, he will have an opportunity.
Even if it doesn't push up the stock price and create higher unrealized profits, it can at least help him free up millions of dollars in space.
However, as soon as the market opened this week, one of his heavily-held stocks was smashed.
"It's that damn brokerage firm again. The last time I met their manager, his mouth stinks more than my insoles that I haven't washed for three months!"
When trading U.S. stocks, you can see the trading codes. Behind those codes are the brokerage institutions that can provide channels.
"Asshole!"
He watched helplessly as the stock price was smashed, and the previous short positions were gradually absorbed at the bottom.
If the other party really repays the short contract at this position, it would be equivalent to letting others make a few points for nothing.
That's millions of dollars in profit.
There is not much money in these tickets, and most of them are filled with bubbles.
If another few million dollars are withdrawn, it will be difficult to raise funds further.
However, since he has a heavy stake in this stock, it is difficult for him to make a profit and he has to face the situation of investors leaving the market, which will trigger a chain reaction.
Right inside the trading room, he picked up the phone openly.
Faced with this situation, he had no way to increase his position and could only ask others for help.
Some crime like market manipulation?
Oh, God, don't we have to go to church every day to atone for our sins?
"Hey, old man, I need your help."
"What a coincidence, Evan, I need your help too."
His full name is Evan McPherson.
