Reborn in 2012, building a new energy empire

After the Dragon Boat Festival, Jiang Haoran composed himself, bid farewell to the warm yet slightly bittersweet atmosphere at home, and embarked on his journey back to Jinling.

The smoke from his hometown's cooking fires and his parents' admonitions seemed to still linger behind him, but as he sat alone on the train and looked out the window at the rapidly receding fields, a clearer and stronger sense of responsibility once again filled his chest.

The haven of home gave him respite and strength, while the battlefield ahead awaited his exploration and defense.

Back in familiar Nanjing, the air was completely enveloped in the thick, sweltering heat, as if foreshadowing an even hotter and more intense journey to come.

Jiang Haoran's life returned to a tense and efficient rhythm.

During the day, he shuttled between classrooms and the library, studying the latest industry reports and repeatedly refining every detail of his seminar speech with Professor Wu Weizhen.

At night, he would review the fluctuations in the futures market, discuss industry trends with his uncle, and occasionally exchange phone calls and emails with Lin Miaomiao.

Since their long late-night conversation during the Dragon Boat Festival, their exchanges have expanded beyond photovoltaic technology to include everyday trivia and sharing of interests.

Jiang Haoran also took the opportunity to share some interesting stories about his investment experiences, and the distance between the two subtly narrowed between the lines.

After the soybean meal 1301 contract violently broke through the 3300-point mark before the holiday, the market did not immediately "sell the news" as some short-term traders expected. Instead, it consolidated strongly within a narrow range of 3310-3330 for two trading days.

The market has been behaving with remarkable technical beauty these past two days. Every time the price dips to around 3315, there is a quiet buying support; and when it tentatively attempts to break through to 3330, it temporarily lacks the momentum to push the price higher.

Trading volume has fallen from the record high of the breakout day, but it is still significantly higher than the average level of the previous consolidation period, indicating that the chips are being exchanged in an orderly manner here.

Jiang Haoran stared at the screen, understanding the situation perfectly.

This is not a sign that the market is unable to rise further, but rather a healthy consolidation after digesting the huge short-term gains. It is also a way to shake out those short-term speculators who chased the rally above 3300 points and lacked conviction.

Once a true major trend takes shape, its resilience far exceeds expectations.

Just as the second day of consolidation was drawing to a close, when the price retraced to around 3310 points and a small double bottom pattern appeared on the intraday chart, Jiang Haoran made his move.

Without the slightest hesitation, he tapped his fingers on the keyboard and brought up the trading interface.

The ample margin accumulated in his account due to previous profits is his ammunition to expand his gains.

"Buy soybean meal 1301, 3310, 100 lots, open position."

The order was issued, and the transaction was completed almost instantly. His total position jumped from 220 lots to 320 lots. The average cost per share was slightly raised by these 100 new orders, reaching around 3190, but overall it remained firmly locked in the advantageous range.

Jiang Haoran added to his position again with a floating profit. This was an aggressive move given the clear trend and the account had a sufficient safety cushion, and it also showed his extreme confidence in his own judgment.

Fatty Li's eyes had practically glued to the market data software these past few days. Seeing Jiang Haoran's decisive move to add to his position, he couldn't help but gasp: "Brother Hao, another hundred lots? This... what if there's a pullback..."

"A pullback is an opportunity, and you must seize it. If Heaven gives you an opportunity but you don't take it, you will suffer the consequences; if the time comes but you don't act, you will suffer the calamity." Jiang Haoran's tone was calm, but his gaze was sharp as a knife.

"3310 is the lower edge of the consolidation range over the past two days, and also the first support level confirmed after the breakout. Adding to positions here carries manageable risk. If it fails to hold here, then the entire breakout logic needs to be re-evaluated."

What he didn't say was that, based on fragments of memories from his past life and the increasingly clear flow of industry information recently, this weather-driven market trend is far stronger and more persistent than most people in the market currently realize.

Those who truly suffer from "fear of heights" were already shaken out during the previous fluctuations and yesterday's breakout. Those still in the market now are either staunch trend followers or remnants of short positions who were forced to cut their losses and are now waiting for a rebound.

The market's position structure is quietly shifting in favor of the bulls. Sure enough, after a brief consolidation period, soybean meal futures did not stop, but instead began a new round of upward climbing with a more steady yet incredibly firm pace.

The first full trading week after the holiday saw a textbook example of a "slow and steady climb" in the market.

3330, 3340, 3350... The price no longer rises sharply and violently like on the breakout day, but instead slowly moves upward along the slightly upturned 5-day moving average, with a daily range of ten to twenty points.

This trend, seemingly mild, is actually "deadly": every pullback that the bears hoped for only scratches the surface, and just as the first signs of decline appear, it is lifted up by seemingly endless buying pressure from below, and the price quickly hits a new high.

This slow, insidious rise is the best way to wear down the short sellers' resolve and makes those watching from the sidelines increasingly anxious.

While trading volume didn't surge to the record high seen on the breakout day, it remained at a relatively active and high level. The market signals clearly indicate that funds are continuously and patiently accumulating shares.

On the list of top buyers and sellers, the familiar "Guoxin" and "Ernst & Young" seats still frequently appear at the top of the buy list, but the amount of each transaction is no longer so amazing. Instead, they are broken down into smaller amounts and continuously bought at multiple price levels.

However, the total long positions are still accumulating slowly and steadily, which in itself is the most silent declaration of the bullish stance.

This is a more sophisticated and long-term trading strategy aimed at continuously raising the average holding cost in the market and solidifying the foundation for an upward trend.

Jiang Haoran's account equity rose steadily, like riding a rising elevator, as prices increased.

他借着帐户中不断膨胀的浮动盈利作为「新弹药」，在价格攀爬至3325点、3340点及3355点等关键阻力位上破回踩之际，以30手、30手、20手的节奏分批追加。

Ultimately, his total position reached 400 lots, slightly raising his average cost to around 3220 points. Every 10-point increase resulted in a floating profit of 40,000 yuan.

As the market continued to advance, and the price, in its slow and steady upward trend, irresistibly surpassed 3400 points and moved towards 3430 points, he only held his positions overnight, and the daily floating profit growth was enough to make ordinary people gasp.

At this moment, his total assets in his account have quietly expanded due to the silent rise in prices and the rolling of compound interest, silently crossing that important psychological threshold of one million yuan.

In just one month, Jiang Haoran started with an initial investment of 150,000 yuan and now his account equity has exceeded one million yuan.

This number might be insignificant to Jiang Haoran, who managed billions of dollars in capital in his previous life, but in this life, this real "first pot of gold" has a significance far beyond money itself.

It verified the feasibility of combining reborn memories with current reality, verified his accurate judgment of trends, and gave him the confidence and leverage to make bigger plans in the future.

His mindset also became increasingly calm amidst this steady rise.

After the market opens each day, he no longer stares at every fluctuation on the intraday chart as he did at the beginning. Instead, he routinely checks the support levels of several key points (such as the 5-day moving average and previous breakout platforms) and the risk level of the account's positions (to ensure sufficient margin and stay away from the liquidation line).

The rest of the time, he attended classes as usual, went to the library to look up information, improved the speech for the seminar assigned by Professor Wu Weizhen, and corresponded with Lin Miaomiao via email.

This state of mind, where one has "warehouses in hand but no warehouses in mind," impressed Fatty Li, who was closely watching him.

Li Pangzi's own small position had made a considerable profit as the market rose, but his emotions always fluctuated with the slight changes in the market.

Seeing Jiang Haoran's calm and collected demeanor, he finally realized that in the financial market, mindset is the most difficult barrier to overcome, even more so than technical skills.

"Brother Hao, you're a millionaire now, aren't you excited at all?" Fatty Li couldn't help but ask during dinner one evening.

Jiang Haoran picked up a piece of food with his chopsticks and smiled, "Fatty, it's just numbers on paper. Until the positions are liquidated and the assets are actually sold, it's just numbers. Besides, our goals go far beyond this."