Chapter 9 Entry from the left
After receiving 30,000 yuan, Su Yu deposited 3,000 US dollars into his foreign exchange margin contract trading account, leaving the remaining 10,000 yuan as a backup.
After all, even if there is enough certainty.
In the financial market, putting all your money on the line is not what a wise man does.
After the account funds were relatively sufficient, Su Yu no longer struggled with the issue of 'error tolerance' and began to trade according to normal trading techniques.
He follows 200 times leverage.
When the gold price slowly rose to 1580, and the hourly K-line and 30-minute K-line showed continuous top adjustments, I placed a 0.3-lot short order, and then set the stop loss at the early resistance position of $1,600.
According to his capital amount of more than 3,000 US dollars, under 200 times leverage, he can open a maximum of 4 standard lots of gold long and short orders.
0.3 contracts are short, accounting for 7.5% of 4 standard lots, which is 7.5% of the position.
Such a position ratio, in foreign exchange margin contract trading, is a low-risk transaction with a relatively small position, so the stop-loss interval can be slightly enlarged to withstand the relatively sharp decline of the target before entering a new trend under the entry on the left. Shock, and adjustment.
In the so-called margin contract trading, when entering the market on the left, you should trade with a small order and a large stop loss.
That's the principle.
Otherwise, once you enter a heavy position on the left side, even if your judgment and prediction are correct, you will probably die before dawn.
After all, financial transactions…
Especially when there is a huge leverage effect, you will never be able to make money if you clearly know the rise and fall.
After Su Yu placed his first short-selling order, the price of gold fluctuated around US$1,580 for two hours. After digesting the unsightly pattern on the time-sharing K-line, it continued to rise slowly, breaking through to US$1,583.
Su Yu looked at his 0.3-lot short position, which had already lost nearly $100 amidst the slow rise in gold prices. He felt calm and had no emotional fluctuations.
Immediately afterwards...
After the gold price broke through 1583, it suddenly accelerated and surged by 20 points, touching the price of 1585.
At this time, Su Yu's loss on his first order had reached US$150. However, he remained unmoved and calmly waited for further changes in gold prices.
Then...
Just when the bulls in the market thought that gold would continue last Friday's violent rebound and continue its rapid upward breakthrough, its price suddenly fell.
In less than 3 minutes, the price of gold fell back to around 1583.
At the same time, on the ten-minute K-line chart, there is also a long negative cross line with an interval of more than 20 points.
Seeing this situation, Su Yu looked calm and did not move. He just glanced at the time in the small right corner of the computer screen, thinking that after gold quickly attracted bulls on the time-sharing chart, it would not continue.
really……
Starting from the next ten-minute K-line, the price of gold began to gradually decline. In less than an hour, it fell back to around 1580.
Su Yu observed that the downward trend of gold during this hour was obviously much smoother than the upward trend.
That is, the upward trend is a slow and oscillating upward trend of ups and downs; while the downward trend is an almost unilateral trend.
We understand that the price trend of gold has now formed a pattern in which it is difficult to rise and easy to fall, which also indicates that its trend is showing signs of reversal.
"It seems... the pressure level of US$1,600 will not be reached." Su Yu stared at the trend of gold and said with a smile, "The power of the bulls is weaker than I expected."
"In that case..."
“Then it’s time to trade to the right.”
As he spoke, he held the mouse and short-sold another 0.5-lot order at the gold price that had dropped to around $1,579.
He set the stop loss of this order at $3 above the highest point of gold's rebound tonight, 1585.56.
That is the $1588.56 position.
After placing the order, Su Yu expected that there would be no further changes in the gold trend tonight, so he turned off the computer, lay down on the bed, covered his head, and fell asleep.
When he woke up the next day, the stock market had opened.
The Shanghai Stock Exchange Index and ChiNext Index continued their rebound yesterday, and the market sentiment was good. Among them, after yesterday's dazzling performance, Hua Qingbao's market attention soared today. During the bidding stage, it opened 9% higher, and then opened 30 seconds after the opening. Within a short period of time, the daily limit was closed, and the transaction volume was less than 6 million.
Su Yu looked at Hua Qingbao's trend that was almost hitting the daily limit, without any surprises.
After all, the main institutions have been collecting chips at the bottom, dormant and shaking positions for more than a month. Now... this check has just left the chip area and has just received the attention of many active funds in the market. The main institutions will never let the market die out. , and give up the chips in hand at this stage.
and……
Su Yu estimated that, if nothing unexpected happened, the mobile game market and Hua Qingbao would benefit in the next couple of days.
After understanding the overall market trend of the stock market and the specific market trend of the target stock Hua Qingbao, Su Yu started to log in to the chat software and check the message messages.
As soon as the account was logged in, before Su Yu had time to click on the chat box, dozens of message prompts were flashing.
He checked and found that most of the messages were sent by Liu Tianshui.
The other party was so excited when he saw Hua Qingbao hitting the daily limit continuously that he sent him a dozen similar words praising his stock trading and stock picking skills.
Su Yu could only sigh with emotion, responded lightly, and ignored it.
Then, after excluding various group messages, he checked other messages and found that they were all messages from Shi Yuling.
"Brother Su Yu, are you busy?"
"I'm going to continue studying as you said and enroll in an adult college."
"I just called and asked the teacher at the institution. The other person said that as long as you take time to attend classes, study briefly, and pass the final exam, you can get a college diploma."
"besides……"
"Yesterday Qingya had a quarrel with our company's agent because of me, and I felt a little guilty."
"Later, after the quarrel, the manager gave all the tasks Qingya and I had for this month to others."
"I think the other party's behavior is too much, so I want to go to the director to argue, but Qingya won't let me go. She said that even if we go to the director, the director won't help us and will only damage our relationship with our agent. It’s even more rigid, and I won’t be able to get any more tasks in the future.”
"Hey... I'm so angry!"
"Even if I cancel my task list for this month, it actually affects Qingya."
"I found out that the company's agent was bullying me and Qingya as newcomers. He always gave us orders with heavy tasks and low prices. If we didn't go, he would deliberately make things difficult."
Su Yu looked at Shi Yuling's complaints and worries, smiled, and thought to himself: "This can be regarded as a necessary mental journey for new people entering society and the workplace."
"You can register for an adult college. Although the self-study examination is not considered full-time, it is also a nationally recognized academic qualification. It is a manifestation of self-improvement. At any time, it is better than nothing. And after you get the academic qualification, you can also Based on this, continue to study for undergraduate and postgraduate studies." Su Yu replied, "As for your work, I think you can calm down and think about it carefully. Do you really like it?"
"If you like it, it's normal to encounter such unhappiness in the workplace."
"But you have to learn to slowly regulate your emotions and find new solutions."
"Of course, if you really don't like it and are under tremendous pressure at work, you can also stop and plan your future path and temporarily withdraw from the current working environment."
The graphic model company where Shi Yuling works.
According to Su Yu's understanding, there are just a lot of model agencies in Yuhang, which were transformed and packaged from ordinary e-commerce media planning companies and various photography studios.
This kind of garbage enterprise only knows how to exploit newcomers and is on the periphery of the entire model agency industry.
For the so-called graphic models contracted by the company due to long-term business needs, there is simply no ability to systematically cultivate and develop resources.
It would not be a pity at all to leave!
"I have already registered!" Seeing Su Yu's reply, Shi Yuling said happily, "Now, I am preparing to ask Qingya to accompany me to the examination center to review the information."
"By the way, brother Su Yu, what major do you think I should choose?"
Su Yu replied: "Whatever you want to learn, just choose what you are interested in and like."
When it came to adult self-study exams, Su Yu felt that apart from giving him another stepping stone in academic qualifications, the so-called majors actually had little value, and it made no difference whatever major he studied.
"Then...can I learn finance?" Shi Yuling asked.
Su Yu asked in surprise: "Why do you want to study this major?"
"Because of this... I have someone to tutor me in my studies." Shi Yuling replied, "Besides, I heard that it is very profitable to learn finance!"
"Now that I have grown up, I have to learn to be self-reliant, so naturally I have to study the most profitable major."
"That's okay!" Su Yu replied, "The financial colleges around Yuhang should have self-study exams for adults. Just look at it carefully and choose."
"Yeah!" Shi Yuling responded.
Then he paused for a while and then continued: "Then I will leave it to Brother Su Yu for my future professional knowledge exams!"
After finishing speaking, Shi Yuling added a cute "hugging thigh" expression at the back.
Seeing that expression, Su Yu couldn't help but smile, and replied with the word "good", and then... Because Shi Yuling was in a hurry to go out, the two of them stopped talking.
Finished processing the message on the chat software...
Su Yu ignored the stock market and turned his attention back to the London gold market trend.
I saw that the gold price had dropped from the 1579 position when he placed the order last night to the 1550 position, completely reversing the bullish trend in the first half of last night.
Su Yu held a total of 0.8 short lots.
When the trend of gold reversed, the loss when I first placed the order turned into a profit of more than 2,300 US dollars.
In this way... Counting his original investment of US$3,144, his total capital now has reached more than US$5,400. Excluding the more than US$600 margin locked in 0.8 lots of gold positions, the available margin in his account has reached as high as Over $4,700.
Such a margin amount, at the maximum level, is enough for him to open 6 gold standard lots.
Faced with a floating profit of US$2,300 in the position account...
Su Yu remained unmoved and had no plans to close or reduce his positions. Instead, he stared at the K-line trend of gold and continued to wait for a new short-selling entry point after the gold price fluctuated here.
