Chapter Ninety-Five: Qian Caiying's Shock

The eighty-lot short was entered.

Though there was not much room to the downside, each point was worth forty thousand yuan. By the time it had fallen to around six thousand points, after deducting costs, he had netted twenty-five points, or one million yuan.

Without the slightest hesitation, he flipped again, and even added five more lots, charging straight into an eighty-five-lot long.

...

Speechless.

Impressive.

Beyond impressive.

Everyone had already marveled once when Zhang Long cut his losing eighty-lot long and flipped short without hesitation. Now, after his eighty-lot short had dropped to around six thousand points and made a million yuan, he had again reversed without the slightest pause and gone long. Too aggressive.

An eighty-five-lot long was practically full leverage.

“How many lots has Brother Long done today?”

A colleague asked. Wang Jing kept a low profile and said nothing. Her own client was, of course, the one she cared about most. Zhang Long had already done four hundred forty-five lots today, the most in the company.

On Monday, the first day of activation, he had done two hundred twenty lots. Yesterday, the second day, two hundred eighty. And today, Wednesday, he was already at four hundred forty-five.

With the current eighty-five-lot long, whether it ended in profit or loss, if he traded again after that, then what?

His three-day trading volume might break one thousand.

“Sister Jing, this is too cool.”

“Already up to nine hundred forty-five lots, almost one hundred thousand yuan in commissions. Last month the total wasn’t even five hundred lots, and now, with three days of this month not yet over and his other clients added in, he’s already broken one thousand lots.”

“Brother Long is insane. With only one or two million in capital, he’s trading more than people with five or six million. Way more.”

“Jealous. I’m drooling.”

The department chat exploded. The guiding manager made money from clients’ trading commissions, and Wang Jing’s performance had always been middling, leaning a bit low. Who would have thought she would stumble onto Zhang Long and, in just three days, break one thousand lots? He had already risen to first place in the trading department’s performance rankings for the month, and he was still solidly holding that lead.

And Zhang Long still had not lost money yet. Though he had nearly taken a loss just now while stubbornly holding his position, he had stopped in time and fixed the problem.

He was still in profit today.

If, for the rest of the month, he kept contributing trading volume in the hundreds of lots every day, Wang Jing’s income would be enough to terrify anyone. Even after paying substantial income tax, she would still net fifty-five percent.

Ugh. It almost made one want to steal him away.

...

“Up, keep going up a little more.”

At Riverside Dragon Residence, Zhang Long watched the eighty-five-lot long already back in the black and starting to make money, and his mood stirred with excitement. How far silver could rebound from six thousand points was still unknown, but as long as the eighty-five lots made thirty-five points, they would recover the loss from his earlier stubborn hold.

He would be back to a net profit of three hundred thousand from not long ago.

Silver was at six thousand fifty points now. If it rose another five points, the target would be hit. Then should he close, or keep holding?

Beep, beep.

At Huayin Trading Department, Wang Jing suddenly received Zhang Long’s message: could he look for six thousand one hundred points on the upside? That was the recent major support after the sharp decline, and he wanted to keep holding.

Wang Jing thought it over. Even if Zhang Long exited now, he was already making a good profit today. He could take it and be done.

Buzz, buzz.

A moment later, Zhang Long received Wang Jing’s market suggestion. If he still had a position, set a stop loss, don’t be greedy with profit, and look toward six thousand one hundred points as the upper target. For reference only.

Having talked his way into market information, Zhang Long had achieved his purpose. Directions and price levels were enough.

"Damn it, as expected."

One minute, two minutes passed. Seeing no predictive reaction at all in the market, Zhang Long could not help cursing aloud. The three daily chances for foresight expired if not used, and did not accumulate.

Though a little disappointed, he had been mentally prepared. If they did not accumulate, then so be it.

Three predictive opportunities a day, and with the swing profit plus the chance to catch the opposite direction, six times was enough.

“Wash up, sleep.”

Seeing that it was already ten-thirty, Zhang Long yawned and prepared to sleep. He had not exited the long position; he had placed his stop loss below and his take-profit above. Anyway, he was in profit today, so he might as well maximize it.

If he slept and the trend continued upward, then once it reached around six thousand one hundred points, he could earn another two hundred thousand.

That meant a net profit of five hundred thousand for Wednesday.

Three-day total net profit: two million.

And so time passed. After midnight, Zhang Long had long since fallen into dreamland. Perhaps heaven itself was standing on his side today, because silver began to move.

Slowly, steadily, it climbed.

...

Dawn broke on December 6th, Thursday.

Zhang Long got up, lit up the computer screen, and glanced at the spot market. His position was already gone. Looking again at his account balance, it was over three million, and his spirits lifted at once.

Silver had risen back above six thousand one hundred points. Whether to go long or short now, ask Huayin.

“Bearish, is it...”

After washing up and returning, Wang Jing had already sent over the market suggestion. Yesterday’s most recent movement had been a breakdown from six thousand one hundred points to six thousand, followed by a rebound. Similar action often repeats, so he could continue to refer to a bearish view, keep a stop loss in place, don’t be greedy with profits, and so on.

“Ah, right.”

The foresight activated. Looking at the spot price, Zhang Long saw that it would fall from six thousand one hundred back down to around six thousand points, and could not help but click his tongue. The market ought to hand out some benefits too.

In the past few days, investors had been taking losses from one round of trading to the next. If things did not stabilize and let them make a few wins, they would truly have neither money nor confidence left to keep playing.

“Ninety lots, let’s go!”

Without hesitation, he clicked to place the order. He was not fully leveraged, but close enough. Ninety lots could net eighty points, or 360,000 yuan. Once it dropped to six thousand points and he took profit, he would reverse and go long, adding another twenty long lots. If it could then rise back to six thousand one hundred, the one hundred ten lots would be expected to net eighty points, or 440,000 yuan.

Down once, up once, and eight hundred thousand yuan would be in hand.

After three days of spot trading, a few simple calculations were enough for Zhang Long to see the whole picture. Not hard at all.

Of course, whether it could rebound from six thousand back to six thousand one hundred after falling would depend on luck.

“Hm? That unlucky...”

After finishing the spot trade, Zhang Long turned to stocks. At the very least, Hongze’s account still had four million untouched. But today, none of the four platforms’ stock recommendations included any truly good picks, and tomorrow was Friday, when the market would close. There would be even less.

Holding positions through the weekend was unwise.

“Fine, I’ll give you a push.”

Zhang Long clicked his tongue. Hongze’s analyst was a bit slow-witted, wasn’t he? Yesterday he had still been recommending Tiannan Technology, and this afternoon it was about to hit the limit up. No more pushing.

He had made plenty from the spot market these past few days, so he would give Qian Caiying a bright opening day and spare himself more scolding.

...

“Hm? He added to the position?”

At Hongze, Qian Caiying noticed Zhang Long’s move not long after. Yesterday he had bought three stocks with two million each, and today he had put the remaining four million to work. One of the newly purchased stocks overlapped with an existing one.

“Tiannan Technology?”

Qian Caiying frowned slightly. Ten million yuan of capital, all deployed. Among it, Tiannan Technology accounted for four million, while the other three each accounted for two million. Quite aggressive.

Tomorrow was Friday. Ruthless.

Thinking of this, her brow relaxed. Of the three stocks Zhang Long had bought yesterday, one was Tiannan Technology, which Hongze’s stock recommendation team had been paying special attention to. Back then she had already had a hunch that this was the one Zhang Long cared about most, though she could not be certain.

Later, when she sent it to the four managers in the market department, Liang Xue’s view turned out to match hers exactly: push Tiannan.

But as department director, she could not be too arbitrary or crush the managers’ independent judgment outright, so she kept quiet and let the four teams continue promoting it.

Today Zhang Long had added to Tiannan Technology again. Whether it would rise or not, the signal at least was clear.

“Is this guy not going to screw me over, is he?”

Qian Caiying scratched her head, but then thought that Liang Xue was already working under her. If he really were trying to screw her over, would he still be wanting to sleep in her bed at night? He could go sleep on the sofa.

Of course, Zhang Long was not a god. Just because he liked Tiannan Technology did not mean it would necessarily rise. Failure was normal.

So she would watch and wait, not rush.

There was no need to inform the market department either. It was already Thursday, and tomorrow was Friday; there was no need to push it again.

And so time passed. The stock market closed at 11:30 in the morning, and at that very moment Qian Caiying happened to be in the CEO’s office discussing the company’s future with Ling Zhiqing. Around 11:20, her phone suddenly vibrated, and she picked up.

“What? What did you say?”

Qian Caiying’s delicate body trembled violently, disbelief in her eyes.

“Tiannan Technology hit the limit up?”

You have got to be kidding. Could it really be that miraculous?