God of Rebirth Trader

Chapter 279 The mysterious trader

Under the influence of fifty times leverage, as long as the oil futures rise by 1%, his principal of US$10,000 will be able to earn US$5,000.

If you want to earn $10,000 from a principal of $10,000 in the stock market, you may need some great luck, and you may not be able to do it in a year or a half.

But in the futures market, it may only take one minute.

"It seems that my luck is quite good."

Chen Weidong smiled slightly. As expected, the price of oil futures rebounded to $15, but instead of celebrating in a hurry, he started short selling instead.

In other words, you can only make money by falling at this time.

If he continues to rise, Chen Weidong will lose money.

"Huh~"

"I got ten thousand dollars."

In just ten minutes, the price of oil futures fell slightly again, with the amplitude reaching 2%.

Chen Weidong also took advantage of the back and forth fluctuations and cleverly made a 2% profit.

Exactly ten thousand dollars.

Chen Jie was not so lucky.

He originally planned to sell short, but when he saw that the price of oil continued to rise, he rushed to chase the increase. As a result, he failed to close the position in time when the price fell back, resulting in no money at all and a small loss of several thousand dollars.

"It's better to worry about stocks. You can just buy them and wait for them to rise or fall. You don't need to operate frequently." Chen Jie couldn't help but muttered that the leverage of futures was too large and was not suitable for people with slow reactions like him.

Even if you do it right 99 times, if you make a mistake in the last operation, you may go back to before liberation.

"Oh? Young people are lucky."

The blond man next to him didn't pay too much attention to Chen Jie, because in his eyes, it was normal for such a novice who didn't understand futures to lose money.

What surprised him was that Chen Weidong accurately seized the two opportunities that appeared on the board, which made him sigh that he was really lucky.

"I think maybe I can place another order when it reaches $14."

The blond man stood aside and watched, and gave Chen Weidong "kindly" instructions from time to time, but he had no intention of doing anything.

"Thank you, I will consider it."

Chen Weidong's heart was like a mirror, how could he not know what this guy was talking about.

However, just because the current oil trend can be done in this way, it does not mean that the trend will be the same next time.

The laws of the market can be copied, but the probability of the same trend occurring continuously in a short period of time is very small.

Not betting on small probabilities is an important principle for a trader to make sustainable profits.

Of course, in the short term, it doesn't matter. The main thing is whether it's worth taking the risk.

This time, Chen Weidong did not hold back any more and directly chose the full position operation.

The method of operation is to buy long, which means that the price of oil is expected to rise.

In this way, Chen Weidong can make profits.

Ten minutes later.

I don’t know if it’s God’s blessing or the blessing of the goddess of luck.

The price trend of oil futures is fluctuating back and forth in a range according to Chen Weidong's imagination.

After placing more than a dozen short and short orders in a row, he found an opportunity to close all the contracts in his hand.

At this moment, the funds in the account changed from the original 110,000 US dollars to 200,000 US dollars.

"God! How did you do that?"

The blond white man standing next to him couldn't believe it, but Chen Weidong's operations were all completed under his eyes, so he was definitely not dreaming!

He suppressed the shock in his heart and continued: "Young man, although you have made a huge profit, the amplitude of the market has become very small now, and it is almost impossible to operate anymore."

Now the volatility of oil futures is gradually narrowing, and there is only about 1% room for shock.

It is almost impossible to make a profit within this 1% fluctuation, because a certain handling fee needs to be deducted from each transaction, and the fluctuation is too small to make a profit at all.

Many people work for a long time and end up working for the exchange.

However, after hearing this, Chen Weidong shook his head and said to him: "Nothing is absolute, I think there is still a chance."

After saying that, Chen Weidong ignored him.

Instead, he focused all his energy on the futures trend chart on the computer screen.

1 minute K-line chart.

5 minute K-line chart.

15 minute K-line chart.

.....

The magical K-line chart hides the flow of countless funds and the elusive psychology of market investors.

If you can read it, then you can control the whole world.

Chen Weidong couldn't take his eyes away, as if he was fascinated by the display screen.

A faint K-line chart emerged in his mind, gradually overlapping with the K-line chart on the computer...

Beats and ups and downs...

"Place an order!"

This time, it is still a full position operation, faster and more decisive than the last time!

"Close the position."

Sure enough, the trend chart in reality is exactly the same as the one in my mind!

"Go ahead and place your order."

"Close the position again."

In this way, Chen Weidong was like a programmed robot, frantically typing on the keyboard and performing one operation after another within a few minutes.

On this amplitude of less than 1%, small profits are constantly being made.

As the number of transactions increases, his funds are like a snowball, growing bigger and bigger.

Even if the profit is less than 1 or half a percentage point each time, after more than a dozen or dozens of times, the compound interest has become a very scary figure.

With his focused eyes and hands that were tapping the keyboard quickly, the investors around him turned their attention to him.

When they saw Chen Weidong's magical operation method, they all involuntarily stopped what they were doing and became dumbfounded.

"Oh my God! Who the hell is he?!"

"Even a computer wouldn't be able to make such an accurate judgment."

....

One million dollars!

It only took Chen Weidong less than 30 minutes to reach 1 million in funds.

There were many investors nearby who saw Chen Weidong's operations and wanted to follow suit, but their methods were too slow.

Often Chen Weidong has already closed his position, and they have just placed the order, and the market price has also undergone new changes, and it is impossible to keep up with this rhythm.

genius!

It's a pity that such a genius is in front of everyone, but no one can copy it.

When he breathed a sigh of relief and stopped, bursts of applause rang out from around him.

"Good! It's a miracle!"

Seeing this, countless investors gave thumbs up and expressed sincere admiration. They had never seen a trader of this level in their lives.

Even Chen Jie and others who thought they knew Chen Weidong very well were horrified.

When did Ah Wei become so powerful!

One hundred thousand US dollars turned into one million US dollars in such a short period of time!

Simply a magician!

No! It’s the God of Wealth!

Li Yun and the others looked at each other and saw a hint of crazy thoughts in each other's eyes.

However, Chen Weidong just took a breath and continued to stare at the trend chart and began to place orders continuously.

He wants to turn the one million in his hand into as much as possible.

"What a great opportunity! It's actually a double bottom!"

On the five-minute K-line, Chen Weidong found that the oil trend had already seen a double bottom. Coupled with a shrinking single-pin bottom, the double bottom trend had basically formed.

It is foreseeable that the next step will be a rebound!

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