"Huh? What's going on?" In the United States, Williams scratched his head, not understanding how the $6,000 position broke through. He asked every trader loudly, but the information he received was that their position had not increased much, which means that the upward attack of $6,000 was not their role.

The same situation is also born in London. After all, the orders of both sides of the long and short numbers are not a small number. They have to think carefully if they have to eat them in one bite. But what they don’t know is that these short opponents were eaten by Lin Haocang and those unsatisfied followers in their blank period.

"It seems that more than one force has the same mind as us. In this case, the strategies we had formulated before might have slightly adjusted!" Williams touched his smooth chin after asking clearly, and said thoughtfully.

At this time, the copper price had risen to US$6,008 per ton, setting the largest increase on the day in the past two months. However, driven by continuous entry funds, the copper price still rose one dollar after another.

In this case, if an ordinary investor is an ordinary investor, he might throw out the positions absorbed at low prices and cash out. After all, putting the bag is the best strategy. But who is Williams? How could he rush to stop when the situation is in a good state? He just thought for about half a minute and made up his mind: "Continue to push up the copper price, and you must pull out a long green line today!"

Coincidentally, in London, the same domineering main force is also doing the same thing, although he also realized that there is another bullish force in the market, no! Even two to three bullish forces.

After all, Yokono Yamashima has been immersed in this market for many years and has a general impression of the scale of funds and operating methods of various forces. He grew up from the fighting market to this point today, with extremely rich practical experience. He only needs about one or two bands to see the meaning behind it.

But even if he has rich experience, he cannot see the specific strategies of other bulls. What he is talking about here is a strategy similar to "when to pull up, how much to pull up, and when to wash out the position through suction cups", but he firmly believes that in this market, even 1me cannot stop it.

Yamashima Yokono, who lacks awe, is just crazy

Anyone with a little common sense of investment can see that this may be a premeditated increase, and those who are not afraid of death are joining it in order to establish a little position and get a share of the pie in the process of rising.

People with more experience are that while opening long positions in the spot main contract, they open a small amount of short positions on the far-month contract to hedge. They know better than anyone else. Even if the copper price rises with fundamental support, there is a great risk, because the short side will not let the copper price rise.

What's more, they choose to open short positions and bet against long positions. Although their courage is commendable, this time they obviously bet wrong. Because the strategies of the two or three long positions in the market are not at this moment, nor are they rising in a day or two. The reason why they are called the main force is that they are crazyer than anyone else and have the ability to determine the direction of the market.

················

"Copper prices continue to rise, should the boss continue to open positions?" Wallace asked on the phone after the position of the 50,000 long contract was successfully established.

Most of the contracts of 50,000 lots are sold at a price of US$6,000.

Wallace was already wondering whether to return to Mr. Lin to give him some commission discounts or provide higher leverage, in short, he would leave this big customer behind anyway.

"What is the current copper price now?" Lin Haocang did not directly answer Wallace's question, but instead asked about the situation he could see on the computer.

"The copper price has risen to $6,010, but it has been around for a while. It seems that the bears are starting to fight back!" Wallace was overjoyed and couldn't help but add his own analysis. For brokers, this behavior is very unprofessional. Although providing trading opinions to customers is an allowable scope, this kind of inducing opinions must be taken into account.

As soon as Wallace finished speaking, he immediately realized his dereliction of duty and had to say embarrassedly on the phone: "Of course, this is my personal opinion, Mr. Lin doesn't have to care too much."

Lin Haocang smiled slightly, and naturally he didn't take his words too seriously. You should know that these brokers and analysts are the same. They say that they are rising today and falling tomorrow. The purpose behind this is to let you trade more, so they naturally have a lot of commissions to get. As for responsibilities, professionalism, etc., let them go to hell, because only God can predict the situation tomorrow or the next moment 100%!

"Continue to buy 30,000 lots!"

"Buy another 40,000 lots!"

······

A few hours later!

"Open a long order of 60,000 yuan, the strategy is the same as before. I want to see what the long position is like!" Lin Haocang thought about it and issued a trading order. Open another 60,000 yuan, and the long position entrusted at the market price, the total number of positions reached 500,000 yuan. This is already a very large position. Each decline in the US dollar means that Lin Haocang's capital loss is 12.5 million US dollars, but if it rises, it means that Lin Haocang's funds have made so much money.

Before Wallace could agree on the phone, Lin Haocang added another sentence on his own: "After the 30,000 new position was established, today's operation ends here."

"Uh..." Wallace only felt like he was thundering. He was shocked to the point where he had 30,000 contracts were used for a long term. In this turbulent futures market?

You should know that there is no limit on the rise and fall of the copper futures market, and there is no limit on the number of positions. In other words, as long as the price is appropriate, many positions can be cleared in one day. Currently, the daily positions in the copper 3 market are about one million, while the daily trading volume ranges from tens of thousands to hundreds of thousands of lots. In other words, small-scale positions are enough to be closed on the same day.

Although overnight positions are for a long-term basis, this requires sufficient amount of funds to support it, which is not only reflected in the fluctuations in market prices, but also in the fact that the exchange is always likely to increase the initial and maintain margin, which requires a considerable amount of funds to support it.

After these thoughts flashed through Wallace's mind, he realized that this client was also a big dealer and was focusing on bullish futures. He stopped talking about anything and was busy matching up after changing lines.

To be honest, this is purely Wallace's illusion, because Lin Haocang did not show long-term investment from beginning to end. Except for raising the copper price some time ago, and quickly cleared all positions after making profits, Wallace believed that he was short-term investment.

After the 30,000 orders entered the market in a single order, the market sentiment was quickly ignited again. Although the number of orders and other situations could not be seen, the two parties in the transaction clearly felt that the transaction was accelerating, and in this case, the copper price enclave soared, and in less than ten minutes, it had risen to the price of US$6,030.

Logically speaking, this kind of instant order is the most conspicuous and vulnerable to attack. Because when the copper price grows in one direction, it attracts the attention of the bears on the one hand, and on the other hand, small followers will desperately grab long orders and short orders in the market. The most important thing is that when the increase in order price begins to slow down, followers will clear their positions as soon as possible, and then cooperate with short sellers to short, maximize their profits in one round and one round.

However, they were destined to be disappointed on this day. When Lin Haocang's commission order raised the copper price, the United States and London were overjoyed, but they just watched the copper price rise one after another, without any intention of taking action.

In the original plan, we first quickly raise the copper price to make the market active, and then release a part of our position absorbed at low prices within a certain period of time, and then take the real real money and silver into our pockets, and then raise the copper price again. In this way, we will eventually exchange all the low-priced chips we absorbed, and then clear all the positions absorbed at this time at an acceptable price on a certain trading day or period.

This process may take a while, or even half a year or even longer, during which copper prices may recur several times, but they are not afraid because the positions they absorb at low levels are enough to maintain their average price at a very low level.

This is the way to cross the river!

Local snakes have different approaches. They are aiming at short positions executed on the third Wednesday of this month, because once these shorts enter the market, they will be greeted by high-priced opponents, which means they will suffer huge losses as soon as they enter the market.

Although the strategies of both sides are different, their ultimate goal is to crazily raise the copper price!

As their opponents, hedging short sellers even hope to have this situation because the current copper price is obviously undervalued, and the rise in copper prices will only make huge profits for their sales of existing copper. This loss in the futures market can only stop the loss in time to control the risk within an acceptable range. Therefore, although the losses gradually increase, they still sell out the opponent's trading continuously.

The biggest loss party is those purely short-selling funds. They must continue to open short positions to reverse the copper price trend, otherwise they will be greeted with continuous losses.

Especially in today's market surge, they have no choice but to open short positions at high levels and must compete with this rising force!

However, the best strategy they have now is to allow the copper price to rise further, because the more it rises, the greater the rebound strength and the greater the room for profit. Therefore, Lin Haocang's 30,000 buy orders raised the copper price by more than a dozen in just a dozen minutes, and they were credited.

This is also the reason why Wallace was shocked when he heard that Lin Haocang did not continue to operate after holding these long orders.

A 30,000 lot purchase order is indeed nothing, but under the influence of various factors, the transaction was finally successfully completed. Of course, the transaction was mainly exchanged among these transactions. Although there are many short openings, the number of transactions is still much smaller than the number of exchanged more!

When the copper price rose to $6,032 and the upward trend began to slow down, the bears took it for granted that the bulls' capital offensive was insufficient, and they began to attack fiercely downward, hoping to suppress the rising momentum in one fell swoop in a short time!

But they are destined to be disappointed, because on this day it is not only one bull main force that is raising copper prices, but two, or even three bull main force that is raising copper prices. These include not only the famous Williams Fund, but also Yokono Yamashima, which has always dominated the copper market in the futures.

After the price of copper futures stayed at $6,032, the trading volume and trading degree began to slow down, and the rising offensive also weakened. The bears saw the opportunity and opened short positions with a total of nearly 50,000 lots without hesitation, suppressing the price that was originally on the rise to $6,020 in one fell swoop, and it was still falling.

"Yoshima Yokono, are we..." In the London trading department, a trader whose face had turned red no longer cared about the most basic etiquette and asked loudly to Yokono, who was still an old god.

"Yamada Murakami, is this your attitude towards your superiors?" Before Yamashima Yokono could react, another trader who was obviously older than Fujiwara immediately questioned loudly: "Baiga, the spirit of the Yamato nation is in the hands of people like you, which really makes the country shame!"

Japan is a society with strict hierarchy, and this concept has seriously penetrated into every corner of the society. This is true even for large societies known for their modern management. Especially among older people, it is even more iron rule that cannot surpass the class.

But the new generation of Japanese people have gradually been Westernized and have begun to deny this hierarchical society. This is why the trader dared to question Yamashima Yokono, and why he was immediately harshly scolded as soon as he said something.

People with old ideas need to maintain the original system. The new generation is eager to try and ready to challenge these potential rules at any time.

This is what Yamashima Yokono thought in his mind now. He also wanted to hear the two people's subsequent arguments, but the trader named Yamata Murakamihara was silent first. Perhaps he didn't care about the spirit of the Yamato nation and the shame of the country, but he cared about his job in London.

Unlike most countries in the world, Japanese companies generally implement a lifelong employment system for employees, that is, an employee enters a certain company, and his salary is basically linked to his working years. If nothing unexpected happens, the employee will stay in this company for the rest of his life.

Japanese companies have a strong sense of social responsibility, especially large companies have a strong sense of cultivating talents for the country. Therefore, Japanese college students learn theoretical things in colleges and universities, and then continue to train in the company for three to five years. Then they engage in higher, more sophisticated and more professional research.

Yamashima Yokono opened his eyes leisurely, looked at Yasuda Murakami with an angry look on his face, and then looked at another trader who spoke slowly, "What is our current position?"

"1.2 million lots, except for some hedging short positions in Yuanyue, there are about 1 million lots of other long positions, with an average price of US$5,978." As soon as Yamashima Yokono finished speaking, Yamada Murakami replied immediately.

"Close down 100,000 new warehouses today and try the market's reaction." Yamashima Yokono glanced at Yamada Murakami deeply, and then said casually.

"What?" Not only Yasuda Murakami, but even the older trader just now was a little confused. According to the strategy they had formulated earlier, they had to raise the copper price in one go, but now they were going to close a part. Wouldn't it be a time to add some of the power to the bears out of thin air?

Yamashima Yokono didn't explain it. To the point where he was, there was basically no need to explain to anyone in the Chiba Trading Company department in London. He nodded slightly and signaled that he had nothing else to say. After seeing this action, the two traders bent over and bowed away tactfully, and then went to this order that confused them.

In Yamashima Yokono's mind, he had always been puzzled by the intention of a bullish force that appeared some time ago, but this did not hinder his trading plan. In fact, when Lin Haocang's funds that raised the copper price appeared, he initially thought it was the bullish force a few days ago, but after looking at the segmentation line a few times, he was now in large-scale transactions, and the forces that were long were basically concentrated in the morning trading period, and in the afternoon, this force basically would not appear again.

After a little thought, he realized that this must be the reason for the jet lag. The opponent may be from Asia or America, and it should not be the same as another fund.

What he has to do now is to force another bullish force to show up on his own initiative, because when he first raised the copper price, he unexpectedly realized that the amount of funds he invested was not enough to raise the copper price to this level. The most likely explanation is that this force, like him, chose to raise the copper price today.

The 100,000-yuan closing order, combined with the counterattack of the bears at this time, may be able to suppress the copper price to the psychological threshold of $6,000. If this cannot force other bulls to appear, then he will consider using his own funds to continue to raise the copper price.

Thinking of this, he couldn't help but snorted coldly. No matter who it is, as long as he wants to play in this market, he has to ask him, the boss first!

...

At this moment, Williams Fund, seeing the copper price drop from $6,032 to $6,020, and then continue to fall. In a blink of an eye, it has reached $6,010. Williams still has no intention of taking action, and traders are waiting patiently. And they are not in a hurry. Compared with the price of their position building, it is still a profitable situation.

"Continue to rise!" As the copper price changes instantly, Williams's face also changes. He naturally understands the idea of ​​another bullish main force, but others can afford it, but he can't afford it. If investors can't be given a satisfactory reply in May, the pressure of huge redemption will force them to close their positions. In the current situation, he can only hope that another bullish will have the same idea as him.

Of course, even if it has not risen this day, it can rise in some time in the future. He can accept it. What he does now is to release a signal and a signal of good performance.

With his order, all traders immediately started to move and started to enter the market according to the strategy originally formulated. The copper price was supported again when it fell to $6,008. The price began to rise slowly, but this time it was not as fierce as Lin Haocang smashed 30,000 hands directly.

...

"Yoshima Yokono, the copper price has begun to rise again. It's just that at a relatively slow level, it seems like a short seller is changing positions, with a trading volume of about tens of thousands of hands." A trader noticed this situation and quickly reported to his immediate boss.

"It's true!" Yamashima Yokono was waiting for this news. He knew very well that this was not a short position change behavior, because the short position price was definitely below this price, which means that some short positions were still in a floating loss state, and this decline band had caused follow-up by the trend. In this case, the best strategy for shorts was to make a concerted effort and completely reduce the copper price by $6,000. Otherwise, if they were supported at the integer point, it would be over.

The current situation is that someone else supports the integer point, which means that the main bulls are starting to power. Although I don’t know who is sacred, Yamashima Yokono now only needs to release a signal of goodwill and believe that the other party can understand.

"All the entrustment orders that have not been completed just now are immediately removed. In addition, you will open an additional 50,000 new warehouse, operate according to your authority, and work together at the integer point mark. Do you understand?" Yamashima Yokono's face turned upright and he ordered seriously.

"Yes!" Hearing Yamashima Yokono said this, the trader was shocked. He knew very well about this situation. This was the sound of the long horn. Once upon a time, they fought with one short seller after another under such orders. Most of the results were that they won, and this time they might be like this.

With the entry of Williams Fund and Yamashima Yokono, the copper price rose again after experiencing the previous madness. This time, it exceeded the height reached by Lin Haocang's 30,000 hands and continued to reach $6,044. Here they encountered desperate short sellers, and the long side finally gave in a little, and fixed the final price at the $6,032 price.

The increase of $58 this whole day is not a very large increase, but the trading volume is 600,000 lots, which is as much as twice as possible in the previous trading day. This is a very obvious signal. Almost all market participants understand that the bulls raise copper prices at this time, either establish a position at the bottom or make a profit based on positive news. No matter what, it depends on the market conditions in the future.

...

And here, Anthony's face was a little gloomy.

Fortunately, at the last trading moment, he closed his positions at the market price. After the transaction was over, he was extremely depressed and ran to the bar and got drunk before he could finish it. He completely forgot that he would continue trading the next day.

It just so happened that this trading day was approaching the weekend, and Anthony didn't need to worry about the day's transactions. In fact, in addition to faithfully executing Lin Haocang's instructions, he all traded within his authority. The current situation is that Lin Haocang should pay attention to the dynamics of spot gold and Bitcoin, and also pay attention to the changes in the London copper market. The more important thing he is to study at the University of Scotland. He needs to devote himself to both aspects. This is already very laborious for Lin Haocang, who has to take into account four aspects at the same time.

Anthony naturally understood the situation, and he also understood Lin Haocang's intention to put him in London. On the one hand, he was familiar with the operations of the financial market, and on the other hand, he had the purpose of cultivating him.

It’s just that a thousand troops are easy to get, but it’s hard to find a general. Although Anthony is a professional, due to his own personality and professional knowledge, he has not performed so well in trading so far. During this period, except for the regular delivery of copper, there are basically no outstanding things in other aspects, and he basically loses a little every day.

In this sense, it is already very rare for Anthony to be able to reduce his losses to an acceptable level.

On the weekend, two days and three nights, Anthony got drunk every day, and then took a few women he didn't know to go back to talk about life. This is a typical weekend for white-collar workers in the Financial City. They have fun in alcohol, hormones and drugs, and then cheer up on the next trading day and continue to play the same capital game as gambling.

"Mr. Anthony, the market has been opened today. How should we do it?" On Monday, May 9, when the Sky Capital traders called Anthony's apartment, he was still sleeping soundly.
To be continued...