Chapter 207 Admission
Seeing that Lin Baiyao insisted on going his own way, Shen Chucheng had no choice but to do the next best thing and put forward specific operational suggestions to him: "If you want to full position, I suggest that it is best to use multiple accounts to conduct small-scale operations over three to five days. This will not work.
Even if there is a storm, it won’t attract anyone’s attention…”
Lin Baiyao shook his head and said: "No, I will give you six accounts and try to complete all positions within one day."
If you open a position at a low position, in order to avoid alerting others, you should naturally enter the village quietly, as Shen Chucheng suggested, without shooting.
Just like the main bulls, this is what they are doing these days.
But Lin Baiyao knows that he cannot hesitate now, otherwise he will be defeated!
The main bulls from the capital secretly entered the market at 2,100 yuan in early October. After many days of pulling and shaking, the price reached as high as 2,450 yuan and as low as 2,130 yuan. It seemed that there were some symptoms of muscle weakness.
, only then did the futures price tremble to 2,300 yuan.
In fact, this is a paralysis tactic used by them to deliberately show weakness to the enemy.
The short-selling boss Yang Nan Gang was really deceived. He thought he was a stupid, arrogant person with insufficient funds and insufficient IQ. He still wanted to trade long mung beans on the exchange?
So I prepared a large amount of short selling without any scruples, and as usual, I killed these bulls who did not know how to live or die, so as to add fuel to the excitement of the upcoming 1999.
The time when the prey is most relaxed is when the hunter stretches out his fangs!
If the memory is correct, starting from 2,300 yuan, the price of mung bean futures skyrocketed!
Of course, memory may not be reliable.
Even though the mung bean futures incident in 1998-99 was one of his after-school assignments in his junior year, many details were deeply etched in his mind.
But the wings of butterflies can sway gently after all. In order to ensure that nothing goes wrong, Lin Baiyao spared no effort and rushed to Yangnan City to find out the news. As luck would have it, he happened to meet Fang Xingai and others who were secretly purchasing mung beans.
In addition to the technical analysis of the signals of bullish attacks, these ubiquitous off-market moves are the best evidence!
Why secretly purchase mung beans?
Because the delivery month is approaching, the bulls will launch a blitzkrieg, making it impossible for the shorts to buy enough physical goods to adjust the price in a short period of time, forcing them to liquidate their positions at a high level.
Shen Chucheng was completely shocked by Lin Baiyao's ferocity. He was silent for a long time and said: "Mr. Lin, you are Mr. Yu's friend, and I respect you very much..."
Lin Baiyao smiled and said: "If you have anything to say, just say it. Since I have found you, I will trust you absolutely and there is no need to be shy."
"Then I'll tell the truth!"
Shen Chucheng said: "If you operate like this, even if the six accounts are divided into positions, the movement caused is likely to alarm the Yangnan Gang. As long as the short positions are placed and the long positions are not supported, you will have to add margin when the limit drops..."
Lin Baiyao understood Shen Chucheng's good intentions.
But after planning for so long, I had to take action. No matter what, I had to catch this ride.
To put it bluntly, he still owes Dongjiang City Government 20 million in acquisition funds, and there are only two months left before the payment deadline at the end of the year.
Except for the futures market, which is full of chaos and insider secrets, there is no industry in the country that can meet his demand for such a huge amount of funds in just two months!
After passing this village, this shop disappeared.
If you don’t work hard, how can money be so easy to make?
But having said that, the price of 2,300 yuan was actually the best time for him to end his business.
On the one hand, if the market ends early, for example at 2,100 yuan at the beginning of the month, although there is the temptation to build a position at a low price to maximize profits, you will also encounter multiple rounds of market washing by the dealers.
With Lin Baiyao's amount of funds, he would be eliminated after a few washes, even if he held Yu Jingzong's thigh.
Yu Jingzong might save him once, but he would never save him a second time in the same place.
As a businessman, you have to talk about human feelings, but in the end, you still have to talk about profits!
This is understandable!
On the other hand, if the end is too late, for example, if you follow Shen Chucheng's advice, the risk will be reduced, but once the main bull force immediately raises the futures price like in the previous life, his position cost will increase correspondingly, and his profit will also be substantial.
Reduction is not worth the loss.
"Brother Shen, even if the Yangnan Gang is alerted, the main force of the bulls will not be able to restrain themselves."
Lin Baiyao acted very calmly, giving the impression that everything was under control. He said: "This is to alert the enemy and force the main bulls to follow our entry and attack quickly. Otherwise..."
Shen Chucheng immediately figured out Lin Baiyao's calculation and said: "Otherwise, long retail investors across the country will be attracted by the illusion, actively follow up, and push the price up, and the subsequent holding costs of the main bulls will increase. What's even more dangerous is that if they hesitate,
Or sit back and watch, waiting for the Yangnan Gang to lower the futures price again, scaring away long retail investors. Subsequent price increases will not only increase the cost, but also become very difficult..."
Lin Baiyao said with a smile: "That's it. In ancient times, we used the emperor to control the princes. Today we use the bulls and retail investors to force the main bulls to fight the Yangnan Gang."
Shen Chucheng couldn't help but be impressed by Lin Baiyao's boldness. However, the biggest danger in the futures market is not boldness, but uncontrollability.
No matter how good your calculations are, there will always be various accidents. Otherwise, there wouldn't be so many people going bankrupt. Not long ago, an embezzler jumped from a building, not far from the commercial exchange.
.
After this conversation, Shen Chucheng knew that Lin Baiyao was not a novice in futures, but a ruthless person who would starve to death for a trivial matter and outlast his boldness, so he stopped talking nonsense and said, "Okay, I will listen to Mr. Lin's orders."
…
Lin Baiyao asked Tang Xiaoqi to take out the six ID cards, bank cards and account opening entrustment that he had prepared in advance. He took Ye Sushang, who was curious about this industry, and followed Shen Chucheng to the sales department of Wanan Futures to handle account opening and transfer.
and many other matters.
Tang Xiaoqi bought these six ID cards from different people in the towns around Yuezhou for 200 yuan each. Then he went to the bank to open a card and deposited the funds.
The first-generation ID cards have little technological content, and most people don’t take them seriously. Can you believe that some of the rare characters are handwritten?
Sell it to others to make some money, then treat it all as lost and replace it.
In other words, since the first generation of ID cards was issued in 1995, most people in rural areas have not used them for several years, and no one takes them seriously.
It is said that some big business owners will send people to rural areas to collect identity cards, and load them into trucks one by one, and transport them away, which is comparable to the systems in later generations that sell tens of grams of citizen information.
In addition, the current futures market does not have strong supervision, and everyone is doing this kind of fraudulently using other people's identity information to open accounts.
If necessary, many futures brokers will even take the initiative to provide their own accounts for investors to operate. There are hundreds, thousands, and tens of thousands of them. It is not unusual.
Lin Baiyao wanted to steal food from the Yangnan gang, but he didn't want to cause trouble.
Because these local snakes may not be able to deal with the main institutions from the capital, but it is still possible to deal with a few small and medium-sized retail investors like Lin Baiyao.
With the current public security situation, if your identity is found out, I will find an opportunity to beat you to death on the way back, and then throw you to any barren mountain and bury you. Even if you cry to the Lord of Hell, you will not be able to complain about such injustice!
So when it comes to traveling around the world, don’t be afraid of trouble. Multiple layers of disguise can save you one more life!
After Shen Chucheng, Ye Sushang and Tang Xiaoqi left, Lin Baiyao had nothing to do and went for a walk with Jiang Hai.
There is a newspaper stall not far from the hotel. From a distance, I can see a half-person-high blue display board with a stand next to the stall. It seems to be some kind of advertisement.
This is a rare thing. Nowadays, no one even advertises on bus stop signs, but someone actually put the advertisement on a newspaper stall.
Lin Baiyao walked over and was shocked to see the display board saying "The latest arrival of "The Revolution of Learning". If you want to buy it, hurry up. If you are late, please wait another day."
It suddenly dawned on him that it turned out to be a promotion by Xingsheng Company.
Looking more closely, this blue display board is of average workmanship and not worth two cents, but the name and logo of Xingsheng Company are printed on the bracket.
Okay, this execution is fine!
The newsstand has always only sold newspapers and magazines, but this was the first time it sold books, and it only sold "The Revolution of Learning".
"Uncle, is this book selling well?"
The stall owner was an old man who spoke fluent Shangdu dialect and said: "It's good to sell, young man, do you want a copy? I can tell you, there are only ten copies left today. No, there are only two copies left."
Already..."
At this moment, a middle-aged man wearing decent work clothes passed by and bought a daily newspaper. After listening to the conversation between the two, he asked: "What kind of book is this?"
Lin Baiyao took out money from his pocket and said: ""The Revolution of Learning", wasn't it advertised on CCTV a few days ago? It talks about changes in learning methods, which can change your fixed thinking and broaden your horizons, whether you are an adult or a child.
, everyone will benefit from reading it. Of course, the best effect is on children."
The middle-aged man patted his thigh and said, "I remembered that there were colleagues discussing this book in the office this morning. How much does it cost? Thirty? It's not expensive. I'll buy one too."
Don’t think that books in the 1990s are cheap. Many shoddy street-stall literature are priced at ten yuan or more, and the slightly better ones are generally around twenty yuan. Celebrities, classics, and literati series are the most expensive, with dozens of
, hundreds, hundreds of them.
In comparison, later books of the same type are so good and so cheap, but most people still feel that the cost of buying books is too expensive.
In fact, it’s not that the books are expensive, but that there are too many desires and too little money for the books!
The stall owner opened his mouth happily, picked up the blackboard eraser, quickly erased the words on the display board, and wrote another line:
"The Revolution of Learning" has been sold out. If you need it, please come to buy it at 3pm.
Lin Baiyao asked curiously: "Uncle, what are you doing?"
Seeing the middle-aged man leave, Lin Baiyao indirectly helped him earn an extra thirty yuan. The uncle didn't hide it and said: "Young man, this board was given to me by the salesman for free. I have to write "Study" on the board.
The sentence "Revolution" cannot be left blank..."
Chapter completed!