Chapter 180: First Fight
Li Yuan threw out the bait last week, and this week is the time to reap the rewards.
In fact, as long as you have tested the other party's bottom line, you are already halfway to success.
Li Yuan's actions for a week in a row failed to get much reaction from them. They even expected him to come over. At that time, Li Yuan realized that there were no particularly powerful people among these votes.
They are basically small institutions, otherwise they would have buried their funds in them long ago.
It is not uncommon to ignite a short position. Li Yuan just wants to continue to test the other party's bottom line.
Are you going to answer it or not?
If the other party remains silent, you can make a small profit of a few million dollars and walk away.
But it was obvious that the other party would not remain silent.
After waiting for about an hour, funds started to flow in one after another.
The first step is to pull the stock price back, and then start thinking about making Li Yuan’s short position liquidate.
After all, each ticket contains 20 million US dollars, which is not a small amount of money.
As long as those short positions are liquidated, it means that the money invested by Li Yuan has entered into this stock, injecting vitality into the stock, and it will be easier to cash out.
Li Yuan knew very well the characters of those people on Wall Street. They would be very cruel. They would either blow him up directly or not do anything at all.
The configurations are similar, with a long position of 50 million US dollars in one stock and a short position of 20 million US dollars.
Or it could be a long order of 70 million US dollars, combined with a short order of 30 million US dollars.
After the stock price went back up, there was no movement from Wall Street. I guess they were checking the account book, for example, to investigate whether he had any leverage or something like that.
They have the ability to get it.
Even more extreme, it can be found that the account that entered the market last week and the account that dumped the market today is the same account.
However, that would require higher permissions, and the current situation does not require that.
Another two hours passed, and Wall Street seemed to realize that its leverage was too high and began to push the price up.
Let’s blow him up first.
It is a small stock with a small market value, and the trading is severely controlled. It doesn't cost much money to push it up.
In the blink of an eye, it rose ten points.
Li Yuan immediately said: "Continue to open short orders, still with six times leverage."
He still has money.
If the other party's price rises by ten points, he will open a short order at that price.
The biggest market makers in the U.S. stock market are actually brokerage firms.
Short orders can be hedged against each other. For example, if a short order is opened at ten dollars at the beginning, with a leverage of six times, if the price rises to 11.3 dollars, the liquidation line will be triggered, and if it rises to 11.5 dollars, the position will be liquidated.
If Li Yuan opened another short order at $11, then this short order would have to be pulled up to $12.7 to trigger the liquidation line, and would be liquidated at $13.
Putting the two transactions together, as long as they do not touch $12, they will not touch the liquidation line, let alone a margin call.
Obviously, Wall Street will not stop easily. They have already invested tens of millions of dollars to push up the market, and there is no point in stopping.
Li Yuan suddenly stopped feeling sleepy.
The trends of more than a dozen stocks are not consistent, because there certainly is not much overlap in the institutions behind them.
After all, there are more than 5,000 institutions on Wall Street, not to mention the many more in other parts of this beautiful country.
They often fight among themselves, so it is impossible for them to know everyone.
Even if there are a few familiar families or those with whom we have a particularly good relationship, it will not have much impact on the overall situation.
This is the darkest corner of the entire market and is rarely noticed by many people.
Just like in the A-share market, if Moutai hits the daily limit, countless people will know about it.
However, Tianchuan shares have been on the board for more than ten consecutive days, but the popularity has not increased, and the same is true for Lianying Technology.
No one will pay attention to these things. Even if they do, they will just think that it is the dealer playing tricks. People who are not familiar with it will not pay attention to it for a second.
Some stocks stopped rising after rising by ten points, while others continued to rise, as if they were going to make Li Yuan's position go bankrupt.
He continued pulling, and there was obviously more ammunition in his hand.
When the price reached about 20 points, Li Yuan placed a short order again.
This time, if they pull the price up to 27 points, their positions will be liquidated.
The first time the position was liquidated at 15 points, after the second increase, the position was liquidated at 22 points, after the third increase, the position was liquidated at 27 points, and after the fourth increase, the position was liquidated at 31 points.
Each time it gets lower than the last.
Getting closer each time...
The $300 million in his hand is enough to increase the bet six times.
The maximum that can be sustained is a stock increase of thirty-seven points.
At two o'clock in the morning, when a stock rose by 25 points, Li Yuan knew that his first opponent of the day had arrived.
We are about to increase our investment in this stock for the fourth time.
"Continue to open a short contract of 20 million US dollars."
He was indeed losing money on his short positions and was about to lose all his capital.
But even after the fourth increase in investment, the actual amount of money he invested was only more than 10 million US dollars.
His long positions have currently generated a floating profit of US$13 million.
If his fourth short position was expanded, he could make more than 15 million US dollars on the long position, which is still about 3 million US dollars compared to the original capital of 12 million US dollars.
This is just one of sixteen stocks.
Besides, the long positions he holds can be converted into short positions at any time.
He was not afraid of not having chips in his hand because he had already got them before.
A few minutes later, even though he increased his bet for the fourth time, the other party still raised the price rapidly.
The stock was about to rise thirty points.
"Continue to open a short order of 20 million US dollars."
This is the last time to increase the bet, there is no way Li Yuan will really do it for the sixth time.
What if the other person goes crazy?
The position was liquidated at thirty-four points, and he wanted to hold on to this position.
"At the thirty-three point position, sell a small amount of chips and let the other party eat them!"
"Don't let the opponent break through the thirty-four points, and the stalemate cannot last more than five minutes."
"If the other party insists on attacking upward, we will directly increase the short position for the sixth time."
At the same time, some other tickets also started to be pulled.
I guess they have already discussed the division of benefits in private...
Li Yuan was very familiar with this scene.
It's just shameless.
Li Yuan took advantage of this point. If they all followed the rules, he would have no chance to make a move because the market would be too complicated and the market would jump back and forth on the market. He would work hard all day but not make much money.
Some stocks did not have enough momentum, so he started selling them after he increased his investment for the third time.
All shipments are made in small quantities to avoid scaring off the funds inside.
Hundreds of thousands of dollars were spent.
Using the US dollar as a unit makes trading much easier. Ten million US dollars may not seem like a lot, but in fact it is already sixty-five million.
Rounding off, that's one hundred million.
It feels so good to just easily get one hundred million yuan of funds.
It was around four o'clock, not long before closing, and Li Yuan couldn't get by any longer.
Because other people’s funds are tied up.
It didn't cost much money to raise the price by 30 points. Apart from the short order opened by Li Yuan, the other chips were only a few million US dollars.
But no one expected that after exceeding twenty points, although it seemed not much, there was actually a steady stream of chips being thrown out.
This position is already considered a high position.
The opponent wanted to go sideways, but Li Yuan didn't give them the chance.
If they are unwilling to accept it, just throw it out bit by bit.
Some tickets were accepted regardless of resistance, while some tickets seemed to have discovered problems and began to stop resisting, or even hit themselves.
The purpose is to prevent Li Yuan’s long orders from running away.
There was some symbolic resistance, but in fact, as soon as Li Yuan exerted his strength, the market immediately fell flat, and quickly fell back from more than 20 points to more than 10 points.
At the same time, Li Yuan made two transactions.
On one hand, chips are collected to repay some short positions, especially the short positions of the fourth and fifth increases are profitable at this time.
He wanted to reduce the pressure of the short positions, because the pressure of the short positions that were increased four or five times was very great. Once the other party was determined to pour in hundreds of millions of dollars, not only would he be bankrupt, but he would also be forced to add a lot of margin.
No one has given up yet, and everyone seems to be waiting for tomorrow.
Li Yuan is also waiting for tomorrow.
After all, once an institution inside throws in the towel, it means there will be no hope tomorrow, unlike today when they can make profits from both long and short positions.
Almost all the trading at the end of the trading day was done in dealing with short orders.
The chips in his hand are different from those in the hands of the securities firm.
Unless someone actively opens a short order, the chips in the hands of the brokerage firm will not participate in market circulation.
Every time a short order is repaid, it means that a portion of the chips in the market are reduced, which is good for the long orders that one originally held.
However, if the purchased chips are not used to repay short positions, then the chips will have liquidity in your hands, and you will not be able to lock in today's profits, and the risk will be greater.
As a newcomer, he must remain in awe of this market.
If it is A-shares, it doesn’t matter. That is his home turf and he can take risks to pursue extreme returns.
At five o'clock, the market officially closed.
More than half of the stocks rose by about ten points, while some of the stocks that were flat were smashed back to the original point. Some stubborn ones could only barely maintain around 20 points. They had no money to continue to push up the price, but they were unwilling to let it go, so they could only hold on. Anyway, Li Yuan did not violently smash the market.
After the market closed, Li Yuan opened the door of the trading room.
Everyone stretched.
Unlike the four-hour daily trading hours of A-shares, the daily trading hours of U.S. stocks are six and a half hours, with no break in between.
As soon as he opened the door of the trading room, Li Yuan saw Yao Yingsong fiddling with something on the table.
Hearing the commotion here, Yao Yingsong immediately ran over and said, "Boss, I bought some food for everyone. It's still hot. How about you take everyone to eat first? I'll take care of the rest."
Li Yuan: “…”
When Ye Sheng was in charge last week, there was nothing to eat.
Not even a cup of hot water was offered.
Is he hungry?
I was already hungry. After all, I had dinner at seven o'clock last night, and it's already five o'clock in the morning, a full ten hours.
He was hungry at one in the morning, but he couldn't eat during that time.
Once you eat, your whole body's reaction will become slow and your thinking will be restricted.
Even when trading A-shares, he ate very little at noon, just enough to make sure he didn't feel too hungry.
Traders are used to being hungry, especially those who play the US stock market. If they don’t have stomach problems, they are unqualified.
Although they were just some bento boxes, most likely bought from a 24-hour convenience store, it was still good to be able to eat hot meals at this time.
This means that Yao Yingsong also got it back within half an hour.
"Come on, everyone pick your own flavors, and just give me the remaining box."
Li Yuan greeted the traders.
"Yes, yes, yes. Let's eat at the company. The wind outside is quite cold. When you're done, just find a trash can and throw it in. I'll clean up all the trash cans later. It won't affect your work during the day."
Yao Yingsong said quickly.
Anyway, I don’t have to spend my own money, the company will definitely reimburse me for these meals.
It's impossible for him to just prepare a report after coming here, right?
Others are working so hard, the boss is doing all the work himself, and you are just waiting outside?
He has no background, so he can only rely on his own initiative to do many things.
Even though the people here have little to do with him, and Ye Sheng looks down upon this place, it will not be of much help to his career.
But he couldn't go back to the capital now. No matter what, he had to do his job well here so that he wouldn't be troubled by others finding fault with him in the future.
Li Yuan took a box of lunch, sat down next to him and started eating.
Yao Yingsong did not organize the data immediately, but gave everyone a cup of hot water before leaving.
The lunch box tasted ordinary, but in the eyes of a group of hungry people, it was particularly sweet.
After eating something, you will sleep much better when you go back home.
After he finished his meal, he went to the door of the trading room and took a look.
It was the first time for Yao Yingsong to sort out this kind of data. In addition, there were more transactions yesterday, so the overall data was very messy. Half an hour had passed, and it was estimated that he had not even sorted out one-third of it.
He said, "Manager Yao, we are leaving first. Remember to leave the key at the security office."
Yao Yingsong immediately replied: "Okay, I may be busy until around eight o'clock. By then, someone from the company will have arrived, so I can just contact them directly."
"Um."
That works too.
As Li Yuan and the others left, the entire company fell silent, with almost no sound.
Yao Yingsong first integrated all the data together, and then made a table for statistics.
Also include illustrations in the report.
Afterwards, a special summary must be made to ensure that the leader does not miss the key data.
At first he didn't care much because the data he saw was incomplete, just fragmentary.
But as he continued to sort things out, he felt more and more that something was wrong.
seem……
Are many transactions profitable?
There are also losing trades, for example, some short contracts are losing money.
But it seems that the loss is very small.
It took him more than an hour to get all the data in order.
He already felt that something was wrong with today's data.
Those numbers last week were pretty normal, with little volatility.
Today, the volatility is huge.
Some transactions were completed at more than 30 points, and some were completed at more than 10 points.
All long positions were profitable, and nearly two-thirds of short positions were profitable as well.
With the final data summary, everything became clear.
