59 Do more together
[bookid=3032268,bookname="Three-Ambulance Special Forces"]
McCor's instructions to Qiao Zhi this time were very general. Fortunately, he and Nudu were together and raced against time to make up for some of the most basic futures knowledge, so he roughly understood what McCor meant.
To go long means bullish. The things you buy now have a low price, and when you sell in the future, the price is high and the expected profit is the gap between the two.
Daily traders are buying and selling, and a complete buying and selling round is completed on the same day.
It must be when entering the market, and when leaving the market, it must be empty-handed.
No matter how large the quantity you buy or sell in a day, no matter how many times you trade, from seven or eight times you operate, more than ten times you operate, to thousands or tens of thousands of times you operate in a computer, all the quantity you buy and sell must be equal.
Even if there is one left for the future, I will not be a daily trader.
However, McCor still defined a range, which is agricultural product futures.
This is a major business area of the Chicago futures market.
The varieties traded include soybean, soybean oil, soybean meal, corn, wheat, oats and other grain crops.
There are also live pigs, beef cattle, mutton, milk, dairy products and other livestock products.
There are also other products or natural objects such as coffee, orange juice, wood, and even weather.
Apart from these most basic things, Qiao Zhi didn't know anything else.
However, he is also very accurate. Since my brother said he would do more, I will do as much as possible!
Since there are no restrictions, I will be more and more!
So he decided to take two measures.
First, aren’t the two uncles and himself entitled to participate in the transaction? Then three of them will join in! Only products belonging to the scope of the brother’s definition will be bought!
Of course, buying is limited to the morning, and in the afternoon, you have to trade in the second half of the game and sell it!
Second, in order to ensure the competitive advantage, all orders are on the market!
In this case, except for a few orders with the same bid and the asking price, all of them will be included in the three-person group.
In this case, the restrictions on holding positions may exceed, but the daily trading they do, so in the end, there is no substantial violation of the relevant restrictions on holding positions.
Another measure is that when placing an order, it must be of a certain scale, but it must be noted that it can be executed separately. As long as there is a contract, no matter how big it is, you can eat it.
Anyway, that's what it means, so Qiao Zhi told Uncle Ren.
After the uncle understood Qiao Zhi’s meaning, he immediately called Nudu and told him Qiao Zhi’s instructions: This morning, we will make a lot of agricultural and sideline products!
In the afternoon, all the purchases for today are cleared!
In order to reduce other people's attention, Nudu gave Ren Yijie and Qiao Zhi a different account each, and could conduct related transactions without restrictions.
In fact, when trading, you don’t have to pay money. After the transaction is completed, you will make a final calculation and then enter the relevant account. If the mortgage funds are insufficient, you will only require more funds to be transferred.
If you have not opened a good special account, you are not qualified to trade here.
Just like Ren Yijie and Qiao Zhi, they can buy temporary members, but if they don’t have an account, they can only look at it and not buy or sell it.
After the three of them finished their explanation, they immediately started to swallow!
At this time, since it was just beginning, everyone had just expressed their intentions for buying and selling, and there were trends and trends in buying, and everyone was waiting and watching.
The orders of the buyer and seller on the electronic display board are normal. The buyer and seller have five or six, seven or eight, or even more than a dozen of the smallest price differences. There are very few that are consistent with the price and ask price.
Usually such a stalemate will last for a period of time, and then one party starts to make adjustments and accepts the other party's offer.
In general, the party in urgent need is to take the initiative to make concessions.
The broker in the middle sometimes does some adjustment and coordination work, which is a consensus reached between the buyer and the seller.
Especially when both buyers and sellers are interested in closing the deal.
It is this stalemate stage that gives the three people a great opportunity to rush to buy a group!
Because the orders placed by the three people were all large, and they followed the market, all the seller's orders were eaten up by the three people at once! And the price was relatively low!
Because everyone is trying the price, either based on the closing price of the previous day or based on the current buyer's quotation, the minimum price difference between the buyer and the buyer's quotation is two to three.
Although this acquisition was carried out in dispersion, it shocked the market in this sector very violently!
All the seller's orders were eaten up, and now only the buyer's orders were left on the market, which suddenly caused great pressure on the buyer!
There is a journey but no market!
It's hard to get a order!
Those who really buy goods and must buy goods cannot remain calm.
They began to inquire about news everywhere, some asked about some technical details, some asked about macroeconomic trends, and more people asked about global crop production.
Of course, these people are aware of the basic situation, and now they are just to see if there are any major changes.
After everyone was busy, they collected a lot of information.
However, after careful analysis, everyone realized that no news can play a decisive role and can make people rush to buy these future agricultural and sideline products!
When confidence has become shaky, this clueless chaos makes people even more panic. Therefore, there is a natural idea of starting as soon as possible and buying the part you need.
Once such an idea grows, these traders who have the right to decide, or suggest their customers, will immediately increase the price of the purchase order!
One moves to improve, and others follow up immediately!
The real buyers are anxious and hope to purchase goods as soon as possible to close the demand gap; speculators are even more anxious, but they have waited for such a chance to get rich. If they miss it, wouldn’t it be a lifetime regret?
Therefore, everyone raised the prices at the same time and compared them to each other, getting higher and higher!
However, at this time it is still a seller's market, and there is still a market but no market!
The seller is still waiting and watching!
Until the soybean contract price increased by one dollar, these talents began to enter the market, and the starting point of entering the market increased by another twenty cents!
From the beginning of eight dollars per barrel, it has now become nine dollars and twenty dollars, and the price of a standard contract has increased from forty thousand dollars to forty six thousand dollars.
At this price, many sellers flocked in and sold a large number of sell orders!
However, the difference between buyers and sellers is still quite huge, twenty cents, and one contract is one thousand dollars!
Just when they were in a stalemate, Qiao Zhi's three-piece replayed the same trick, big orders, and the bid price that followed the market poured into the market!
All buyer orders are all taken away!
At this time, the buyers who had not bought anything again were in panic!
Chapter completed!