Chapter 266 Borrowing Money
266
"How much liquidity does your company in Europe still have?"
Chen Pingan asked directly at the beginning and had no intention of beating around the bush.
Chen Xiaolong was stunned for a moment before coming back to his senses.
"What's wrong? Why do you ask?"
"After the market opens in a while, I will use part of the funds to demonstrate to you what the pinnacle of small-level operations is.
I'll tell you later why I asked you this question. "
Chen Xiaolong scratched his head, pointed at the screen and said, "What do you mean by small level?"
Chen Ping'an smiled and said, "I'll tell you briefly. Whether you can remember it or not depends on your ability.
Generally, our non-professional computer screens only have one display screen, and there is a lot of content to be displayed on it, so it doesn't look big.
Both the charts and figures are relatively small.
Level refers to relative to the large level. Generally speaking, we use time period to express it, such as 1-minute level, 5-minute level, which is the same as the K-line period displayed on the software.
However, for a stock, whether it is a stock or a commodity, it does not matter what period of trend chart you choose, but what level its trend structure is.
Such as this..."
He casually called up the U.S. soybean futures chart.
“You see, the recent floods in South America have caused huge losses to local agricultural products, which may ultimately result in no harvest this year.
Because of this, U.S. soybeans began to rise wildly, and they have been rising for almost a week.
What I am showing you now is the daily K-line, but in fact, the trend level of US beans is at the 5-minute level. "
He called up the 5-minute K-line chart, pointed at the trend and said: "There is the simplest way, that is, under normal circumstances, when you can see a short-term trend clearly on your screen, that is this The trend level of a commodity or stock.
Although this method is simple, it is not the most accurate.
To be accurate, you also need to look at the structure of this trend..."
Chen Xiaolong listened and watched in confusion, not even thinking of asking questions.
“The big levels are made up of the small levels.
This means that if the small-level trend does not end, the large-level trend will not change at all.
If it is intraday trading, what we do is the integrity of the trend structure.
Of course, if you switch to the time-sharing chart, you can still operate it.
In essence, the K-line chart is a graph drawn by countless people with money.
Graphic showing all necessary information. "
Chen Xiaolong finally remembered that he had a mouth, "Yeah, you said it very clearly, but it's useless to me, because even if I understand it, I will definitely lose money if I try.
Just keep talking and I'll listen.
Well, to add, I really think your image is quite awesome right now. "
Chen Pingan nodded, "When the market opens later, I want to operate stock index futures, not U.S. soybeans.
I have no interest in this weather product, the risk is too great.
At most I could make some quick money, but that was really a matter of luck. I was speculating on futures, not gambling. "
Chen Xiaolong watched silently as he switched to the monthly market index.
"Look, the current trend is at the 1-minute level in the morning, and it hasn't finished yet. What I have to do now is to continue to go long, and close the position when this small structure finishes. This short period of time Profits can be earned within the community.”
He placed an order while talking, but he had almost put all his positions up before, doing a deterministic upward trend, and he already knew the point difference, which is the profit margin.
Now it's just a demonstration for Chen Xiaolong.
Use your own operations to conquer this kid, and then convince him to transfer 1.5 million euros from a European company.
It is best if you can use your own money. If it is not possible, it is not impossible, but the final loss is definitely not just 10 million, but is estimated based on the time this part of the funds is occupied.
After the market opened, Chen Xiaolong watched him go long, then after waiting patiently for more than ten minutes, he changed hands to close the short position, and then continued to go long.
In just two hours, he witnessed with his own eyes that Chen Pingan used a mere 30,000 yuan to get more than 70,000 yuan.
Although there were mistakes in the process, Chen Pingan closed his position and stopped the loss as quickly as possible.
When Chen Ping'an brought up another picture, he suddenly felt that the world was too crazy.
Chen Pingan's account profit and loss situation was displayed in front of him at this time.
"Since I went long in the morning, I have invested a total of 15 million. This is all my money, including your money.
Up to now, you have seen my profit, which is over 30%.
Moreover, I will not close the position today. I will not close the position until the big level is over.
Judging from this amount of capital, I promise you a profit. In fact, I only did it in one day. "
Chen Xiaolong looked at the numbers on the screen and couldn't believe it.
"Is this what you earned today?"
"Ang, look, when I placed the order, I didn't operate these long orders after I placed the order.
The following are the trading situations I just showed you, which have more than doubled. "
Chen Xiaolong shouted.
"Then why do you make so little money? Why don't you double it like before?"
Chen Pingan patiently explained: “Although 15 million is not much, it is enough to break the original trend structure at a critical moment.
I don’t want to do that. What I have to do is go with the flow instead of overestimating my ability to draw pictures with my own money. Do you understand?
The 10 lots here are nothing in this market, you can do whatever you want.
But if the funds reach a certain level, you need to be even more careful.
Besides, such frequent transactions are too taxing on the brain.
I'm too lazy to do it and don't want to take the risk. "
Chen Xiaolong quickly figured it out, and more importantly, he walked away from the temptation of making money quickly.
"Well, it's okay now. I was indeed a little impulsive just now.
Now tell me why you asked me about European companies? "
"I borrowed money, 1.5 million euros.
It will be used within a week.
Moreover, when I can return it to you depends on when you want it. "
Chen Pingan turned around and looked at him calmly.
Chen Xiaolong took out a cigarette and wanted to smoke, but was stopped by Chen Pingan.
"If you want to smoke, go to the balcony. You can't smoke in my room."
Chen Xiaolong stuffed the cigarette back into his pocket, "Can I ask what you used the money for?
If it makes money, it can be regarded as my investment. "
Chen Pingan shook his head, "It's not about making money, it has other uses, but I can't say yet.
If your side is also short of funds, you can make a document and treat it as if I are investing in your company.
It's not impossible to transfer the money in my account to you, but it just delays my making money.
I don't know much about this kind of cross-border transfer. Go talk to your dad and help with the procedures. "
