Rebirth of the Capital Legend

Such a sharp opening has caused the cloud of panic to continue to hang over everyone's mind.

At this time, no one mentioned the bull market anymore or said that this was a technical adjustment.

Throughout the trading room, among the voices that sounded from time to time, there were only complaints and helplessness of not understanding but having to respect the market trend.

At the same time, Lin and Deng saw the floating profit figures of Su Yi's position account.

The sound of exclamation.

"Oh my God, Brother Su, the profit in your account is too exaggerated." Mr. Deng was shocked in his heart. "People who don't know about it would think you are doing a simulation."

He knew that the profit and loss fluctuations of stock index futures were much greater than those of stocks, but he did not expect them to be so exaggerated.

Of course, it's not just Su Yi's position account that has such exaggerated profit and loss fluctuations. His own stock index futures position account also has exaggerated profit and loss fluctuations.

Although he only opened two short positions in the main contract of China Securities 500 Index futures yesterday.

But thanks to the continuous plummeting market.

At this moment, his two main stock index futures contracts have brought him a profit of 33 in the market's terrifying plummeting trend.

And faced with the direct losses caused by the market opening lower across the board, stock accounts.

The two main stock index futures contract positions in his hand can now completely hedge the losses in the stock account.

Su Yi heard Mr. Deng's words and responded with a smile: "Compared to the two seniors, the size of the funds in my account is still not enough."

Although his current account assets have reached more than 1600 million, compared with two big guys whose single stock account assets are tens of millions or even hundreds of millions.

In the financial market, he can still only be regarded as a small player who has just reached the threshold of a large household.

"Brother Su, do you think it is still appropriate to short-sell stock index futures at this moment?" Lin Minghui looked depressed when he saw the millions more losses in his account during the day. Before the market officially opened, he couldn't help but turn his attention to Su Yi and asked He said, "How about continuing to short at this position?"

Su Yi thought for a while and responded: "I'm not sure, but if it were my own operation, I wouldn't be in this position and continue to chase the short."

The overall lack of market liquidity will inevitably lead to the occurrence of financial systemic risks.

In order to prevent this risk, regulatory authorities will never let the market continue to plummet.

In fact... according to the past memories in Su Yi's mind before his rebirth, he knew that the regulators had indeed taken a lot of rescue measures in the follow-up to avoid the financial systemic risks caused by the continuous plummeting of the stock market.

In other words, the implementation of market rescue measures will inevitably lead to huge fluctuations in market conditions.

This brings great trading risks to short-selling stock index futures.

After all, stock index futures themselves carry a leverage of 12 times. With such a high leverage, once you enter the market at the wrong time, even if you go in the right direction, you may be forced to stop losses or liquidate your position amid huge shocks.

Therefore, even if Su Yi was completely sure, he would not recommend the other party to pursue short stock index futures. Of course, he would not express clear short or long views and instruct the other party to go long or short.

As for the other party wanting to follow suit after seeing his positions, he has nothing to do with that.

After all, it is impossible for him to hide his account from others, and stock index futures are not like stocks. The trend will change due to other parties following suit, which will ultimately affect his profits.

"Alas..." Lin Minghui continued to sigh heavily after hearing Su Yi's words.

He wanted to hedge by shorting stock index futures, but he was afraid of a market rebound. He wanted to reduce his holdings of stock chips and admit losses, but he was obviously unwilling to do so.

In the midst of his indecision.

The market has entered the formal continuous bidding transaction stage.

I saw that all the indexes plummeted after opening, and then fell for a period of time, and then continued to release some of the panic selling power. Under the influence of bottom-buying funds, they gradually rebounded in shocks and tried to repair the intraday decline.

only……

Because the panic selling pressure in the entire market is too great, bargain-hunting funds simply cannot bear it.

Therefore, with the concentrated influx of bargain-hunting funds, the result was that it was not able to effectively pull up the market and thereby create a profit-making effect. The rebound of the index only lasted for just ten minutes, and the stampede and sell-off situation with many kills and many began to dominate again. The entire market situation has changed.

And because of last Friday’s trend lessons.

This time, investors saw that the market trend was wrong, and they became more decisive in selling.

At the same time, the panic stampede in the market also became more violent.

At 10 a.m., only half an hour before the market opened, the market had already formed a unilateral plunge.

At 11 o'clock in the morning, the Shanghai Stock Exchange Index's decline expanded to 5%, and the ChiNext Index's intraday decline had reached 6%. Market liquidity was once again facing depletion due to the overwhelming amount of selling.

下午1点20分，沪指直接杀穿7%的跌幅位置，日内连续失守4100点、4000点、3900点三大多头阵地。

At 1:25, the Shanghai Stock Index fell 7.5%.

At the same time, the GEM Index fell again to 8%, and the main futures contract of the China Securities Exchange 500 Index fell to the limit again.

The price limit of 1,000 shares in the two cities fell earlier than last Friday.

I saw the market hitting its limit again with thousands of stocks, I saw the ChiNext Index almost hitting its limit again, I saw more than 1800 stocks with almost no active buying...

in the minds of the vast majority of investors.

At this moment, there was not only despair, but also numbness.

Faced with accounts that are full of positions and falling to the limit, many people no longer think about placing selling orders to compete for the pitiful buying liquidity. Instead, they curse helplessly, close the trading software helplessly, and have no idea about the stock market. , completely gave up on the bull market.

Even many activist investors who have added leverage and financed transactions.

At this moment, many people are faced with accounts that have fallen below the forced liquidation warning line, or are infinitely close to the forced liquidation line. They no longer worry and panic about raising funds to replenish margins, but sit quietly in front of the computer and smile bitterly. , numbly watching the account touch the forced liquidation line little by little, watching the wealth invested in the stock market return to zero little by little.

Under the continuous trend of lowering the limit of 1,000 shares, few people are still holding out hope for the bull market.

In everyone’s heart.

At this moment, the word 'bull market' has become a nightmare that frightens them extremely, and has become a sharp blade that quickly harvests the wealth in their hands.

However, when you are completely disappointed with the 'bull market', you may even give up completely.

When I think that even if my principal is reduced to zero, I have to sever ties with the stocks in my hand and completely draw a clear line.

The scumbag "Bull Market" will always suddenly release some tenderness to you at this time, tell you some sweet words, make you believe that he has changed his past, and even make you rekindle your hope in him.

Just like this moment, when everyone is extremely desperate and have begun to give up completely on the 'bull market'.

Around 1:40.

The market has completely lost liquidity and a total of more than 1600 stocks have reached their daily limit.

In the weighted area of ​​​​the main board, a large number of central enterprises and state-owned enterprise concept stocks, as well as numerous banking, insurance, securities, infrastructure, petroleum, and chemical stocks, suddenly ushered in extremely large active buying orders.

A huge number of major buying orders of tens of thousands of lots flooded the market instantly.

Hundreds of millions, billions, and billions of buying funds began to support the upward movement of these heavyweight stocks.

Immediately afterwards, at 1:45, under the strong support of this extremely huge mysterious fund, the Shanghai Stock Index rebounded rapidly, and the two markets that had lost liquidity gradually recovered.

For a time, many stocks hit their daily limits, and funds from all sources flooded in once again.

Seeing the mysterious funds, Su Yi began to offer real money and began to save market liquidity on a large scale, knowing that the regulators were getting anxious.

But relying only on heavyweight stocks such as central enterprises and state-owned enterprises can only pull up the Shanghai Stock Exchange Index.

Can it really save the market at this moment?