Rebirth of the Capital Legend

Chapter 10 It’s only 100 million, where can I spend it?

Su Yi nodded and said: "Yes, continue to allocate funds with 5 times leverage."

"This... I have to ask our manager for instructions." Chen Anya thought Su Yi was crazy. She had never seen such a red-eyed gambler. She made almost a million and was still not satisfied, "Because the million-level funds are above The leveraged capital allocation business is generally applied for and handled by our manager.”

"Okay, no problem." Su Yi said with a smile.

Afterwards, he sat in the rest area and waited for a while. Manager Yang from the business department of Yinghui Financial Company trotted over in a hurry: "Mr. Su, let me help you handle the relevant business."

"Okay!" Su Yi responded, "This is our first cooperation, and I understand all the rules clearly. Manager Yang can apply for an account directly for me. I will pay the deposit of 100 million to your company's account immediately."

After speaking, Su Yi didn't hesitate.

Directly transfer the unheated 100 million funds in the bank account to the account requested by the other party and freeze it as a deposit.

After that, another related capital allocation transaction contract was signed, as well as the corresponding risk notification letter.

After that, the business processing process is completed.

Manager Yang immediately applied for the corresponding capital trading account from the company.

It was just that the amount of capital Su Yi allocated this time was relatively large. Counting his own principal, the stock index futures trading account totaled 600 million. It was not until around 2 o'clock in the afternoon that it was handed over to him after the company's internal review and approval. inside.

After getting a stock index futures trading account with 600 million funds.

Su Yi sat back in front of the computer in the trading room of Yinghui Financial Company again. Mr. Lin, who had chatted with him a lot in the past few days, looked at him like a madman.

"You've made 100 million, and you still don't plan to stop?" Mr. Lin looked at his crazy look and asked.

Su Yi smiled and responded: "It's only 100 million, not million, how can I spend it? And the market opportunity is so good, there is no reason to stop!"

"If you gamble so much, luck won't always be on your side!" Mr. Lin warned.

Su Yi said: "It doesn't matter if you don't stand by me. Anyway, it's the money I earned before, I can afford to lose, and... I've always been lucky."

As he spoke, Su Yi logged into his account and observed the market.

I only saw the time he left.

On the market, the bulls have made a crazy counterattack. Not only has the Shanghai Stock Index recovered all the losses in the morning, but it has also continued to rise, reaching an increase of around 1.68%. As for the China Securities Exchange 500 Index, it has surged from the intraday low in the morning. It has reached an increase of 2.02%.

"This time, do you plan to go short or long?" Mr. Lin continued to ask.

Su Yi stared at the market and replied firmly: "I am still bearish on the market, so I will continue to be short."

"Still continuing to sell short?" Mr. Lin was simply shocked. "Do you know the saying 'The bull market will fall sharply'? The market has completed a round of adjustment, and will definitely restart the offensive and return to 5000 points. How can it still happen?" Going down? You continue to be short... What is the difference between this and committing suicide?"

Su Yi said: "If you are short, you will naturally be short. I only know that trading requires knowledge and action."

After saying that, Su Yi didn't wait for Mr. Lin to react.

Right at the 500% increase of the China Securities 2.05 Index, which is 11100 points, 20 short orders were placed at a cost of more than 355 million yuan.

Mr. Lin's heart almost skipped a beat when he saw Su Yi's 20 empty hands in an instant.

According to the regulations of the exchange, the main contract trading of Huazheng 500 Index futures is an 8% margin trading model, which means that this investment type naturally carries a leverage of 12.5 times.

The margin of 355 million is equivalent to a contract market value of 4260 million.

The market value of this contract, with Su Yi's principal of 100 million, only needs the index to fluctuate 2% in the opposite direction of Su Yi's order, and the principal will return to zero.

It can be said that such a transaction model basically has no room for error tolerance.

Of course, once you get it right, you can make a lot of money.

"Your trading model is even more outrageous than going to Macao to gamble." Mr. Lin said, "And you have completely become my opponent. I don't believe you can succeed."

Su Yi smiled and said, "Maybe luck is really on my side?"

Mr. Lin thought for a moment and said, "If that's the case, then I will liquidate the stocks and short the stock index futures with you."

He didn't believe in such a low error tolerance rate. Su Yi could still make money by shorting the index when the index had completed a round of adjustment and was about to counterattack again at the 5000-point mark.

If that's the case...

Then he felt that the foundation of the bull market no longer existed.

While the two were talking, the loss in the trading account operated by Su Yi had exceeded 8.

As for Mr. Lin's stock account, the daily profit has exceeded 300 million, and he has almost recovered yesterday's loss of 400 million.

Unfortunately, the Shanghai Composite Index rebounded all the way to 4983.68 points and then began to fall back. In the end, it failed to close as everyone expected, crossing the 5000-point integer mark again and fully restoring the market's bullish sentiment. As for Su Yi's position in Huazheng The main contract of the 500 Index stock index futures closed at the 11100 point where Su Yi opened his position, rising 2.05% to close, and the intraday amplitude was close to 6%.

Facing the deep V trend of a big counterattack after the market continued to plummet.

Whether it is the group of capital allocation traders in the trading room of 'Yinghui Finance' company, or other financing leverage investors in the market, they all have an air of trying to survive.

Everyone thinks that the market adjustment should be over in today's deep V trend.

Few people will realize that a bigger negative storm and a more violent market crash risk are quietly coming.

In the evening, the external market trend finally bottomed out and rebounded.

The next day, Thursday, June 6, the market finally opened higher overall under the dual stimulation of the recovery of bullish sentiment and external market trends.

It’s just facing the pressure of 5000 points above.

The Shanghai Stock Exchange Index still seems hesitant. After half a day of fluctuations, no matter how heavy the volume is, it is always suppressed below 5000 points.

As for the main contract of the 'China Securities 500 Index' stock index futures held by Su Yi, although the market fluctuations are larger, the trend is basically the same as that of the Shanghai Index. It is also suppressed below the highest point in yesterday's session. No matter how much volume is increased, it cannot form. Smooth upward breakout trend.

Benefited from the weak fluctuations in the stock index.

Su Yi's position profit and loss changes have been maintained in a relatively safe range.

"Why can't we get through it?" At about 1:30 in the afternoon, Mr. Lin saw that the Shanghai Stock Index failed to hit 5000 points again. At the same time, he noticed that his position account started to lose money again, and he couldn't help but frowned, "There is no reason to hit 5000 points. It’s going to be so difficult!”

"If the market volume of 2 trillion cannot be passed, then it means it is really difficult to pass." Su Yi answered with a smile.

Mr. Lin retorted: "There is still room for improvement in market volume. 5000 points is definitely not the high point of this bull market. If you go to the sales departments of various brokerage firms and have a look, there are still many people queuing up to open accounts, waiting to enter the market... …”

However, he hasn't finished speaking yet.

The market trend took a sharp turn once again.

The Shanghai Stock Exchange Index plunged rapidly, and the Shenzhen Stock Exchange Index and the ChiNext Index plummeted in a straight line. Popular stocks that attracted great market attention were sold off by huge selling orders.

In just 5 minutes, all market indices turned from rising to falling.

The entire market's sideways fluctuations were completely broken.

Subsequently, the loose chips were completely collapsed under the overwhelming selling orders, and the bulls who could not hold on were collapsed by more and more selling orders.

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