My Side Job is a Trader

As the game between the long and short sides became more and more intense, the battle situation began to become anxious.

The bulls are backed by big orders, which provides a layer of insurance invisibly, and all the bulls start to exert their strength.

Of course, the bears will not admit defeat easily. Today, they were suddenly caught off guard by the main force of the bulls, causing the price to remain at a high level. If they admit defeat and leave the market at this time, it means that they will lose a lot of money in vain.

The two sides competed repeatedly around 1750 points. As long as it is higher than this point, a big short order will be dropped immediately, and then countless small long orders will be topped up.

The same thing happened with iron ore.

Iron ore and rebar belong to the ferrous metal sector, and the market trends of the two are highly consistent.

Zhang Xin only hated that he didn't have enough funds, otherwise he would make a few more iron ore, which would definitely expand his achievements.

Iron ore is a special variety. Although the unit price is low, a futures contract is 100 tons, so the contract value of a first-hand iron ore is as high as tens of thousands. According to the current general margin ratio, trading a first-hand iron ore requires at least Tens of thousands of dollars, compared with the deposit of a single hand of rebar, the required funds are too much.

At present, Zhang Xin already has more than ten lots of rebar futures in his hands, and there is not much money left, so he has no spare money to allocate to other futures trading products.

Take back your thoughts and continue to stare at the rebar market. Seeing that the closing time is getting closer, the game between the long and the short has become more and more intense.

With the arrival of three o'clock in the afternoon, the violently beating numbers on the board suddenly stopped as if someone had pressed the pause button.

In the end, the bears still failed to break through the blockade resistance of the bulls, and the final closing price stayed above 1750 points.

Although today's market came out of a "golden needle probe" graphic, rebar ended the day with a 2% increase.

Although it is only 2%, it is reflected in the futures account as a floating profit of 20%. If it is placed in the stock market, at least two daily limit boards must be completely eaten to obtain the same profit.

The power of high leverage in futures can be seen from this. It is no wonder that many stockholders who have played futures always feel that the efficiency is too slow and not exciting enough when they want to go back to play stocks.

After closing the market software, Zhang Xin browsed financial forums habitually. One was to check the sentiment in the market today, and the other was that some well-informed people would spread the news. Zhang Xin was also very curious. What happened at that time caused the main bulls to directly push up the price.

In order to find out the main force of the long and short sides, Zhang Xin deliberately went to the trading software of the futures company to check a ranking list called "Dragon and Tiger List".

The dragon and tiger list is actually the public information of transactions. The reason why it is called the dragon and tiger list also means that the long and short sides are fighting each other.

Through the dragon and tiger list, you can check the entry and exit of some abnormal varieties of main institutions, combined with other indicators, you can judge whether the main force is fleeing or buying.

The dragon and tiger list on the stock market counts the top five main players in the trading volume of individual stocks that have risen or fallen by more than 5% on the day. The futures are slightly different, and basically the trading volume of the main contracts of each variety will be ranked in the top. The main force of ten is arranged.

On the dragon and tiger list of rebar futures, Zhang Xin checked the trading situation of long and short main institutions respectively.

There are net inflows of main funds in both long and short positions, but overall, the bulls have a slight upper hand.

This was also expected by Zhang Xin.

Futures are cyclical, and now the price has almost reached the bottom, and if it falls further, it will be even cheaper than Chinese cabbage.

As the saying goes: "The extremes of things will be reversed, and the extremes will come."

When a thing develops to the extreme in one direction, it means that there will be a turning point.

In fact, Zhang Xin often comes into contact with such things. Taking his daily meditation practice as an example, the midnight and noon hours of the day are the time when Yin Qi and Yang Qi are accumulated to the extreme, when the cathode generates Yang and the anode generates Yin. Only with this particularity can Zhang Xin successfully enter the state of meditation.

Having said that, there is almost no room for rebar to fall nowadays. Although in the capital market, there are some sayings that "there is no top and no bottom", but futures theoretically have a linkage effect with the spot.

In the spot market, I have never heard that steel is cheaper than Chinese cabbage, so the futures price will not be much lower than the real steel price in life.

Logically speaking, even a solo Xiaosan like Zhang Xin can understand the truth, and those institutions with a huge analyst team can't be so stupid.

It is very likely that the main force is confusing everyone.

Through large-scale short-selling operations, some small investors are given confidence, and then they withdraw in batches, leaving a large number of small investors as cannon fodder.

Of course, it is also possible that institutions have other channels to hedge risks, and some institutions do not rely on the rise and fall of a single product to make profits.

There is also an operation called arbitrage trading in the capital market. This operation generally finds two related products, and then through analysis, calculates the opening and closing points based on some linear regression equations.

Arbitrage trading has high professional requirements, so there are few small scattered studies, but once a reliable linear regression model is obtained, the risk of trading is almost negligible.

This is also one of the reasons why there are still institutions that operate in the opposite direction in some unilateral market conditions.

However, since the current market is still unclear and in chaos, the bulls and the bears will continue this high-intensity violent collision next week until the winner is decided.

Once the follow-up market is clear, it means that for a long time in the future, the trend of rebar will continue according to inertia, so the next week's game is particularly important.

Just when Zhang Xin was very devoted to his research, he was suddenly patted on the shoulder, which shocked Zhang Xin.

Looking back, it turned out to be Wei Caijun.

Wei Caijun glanced at the screen and said, "Are you researching stocks? You seem to be very devoted."

Zhang Xin is a little embarrassed. After all, it is still working time. Although the company has no regulations not to do other things, it is always a bit bad to be seen by some managers.

Of course, Wei Caijun didn't say anything. There are quite a few people who speculate in stocks in the company. As long as the work progress is not affected, the middle managers like them basically turn a blind eye.

"By the way, I have something to do with you."

"Is there a bug in the applet?"

Zhang Xin is not a member of Wei Caijun's project team, the only thing related to it is the small program that Zhang Xin was seconded to help develop.

"No, I haven't found any problems yet. The main reason is that it's hard for everyone to stay up late and work overtime these days. The company specially organized a trip. Anyone who participates in the development of small programs can participate. Let me ask if you want to go."

After Wei Caijun's explanation, Zhang Xin finally felt relieved, as long as the code is fine, everything else is fine.

"Forget it, our team also has projects to follow up, I can't go traveling alone."

Zhang Xin resolutely refused. After all, Zhang Xin still had his own things to do on weekends, and this kind of two- or three-day trip was meaningless at all.

Wei Caijun nodded to show that he understood, and then went to ask other people about the situation.