Chapter 013: Judgment of Superiority and Inferiority

Chen Wei couldn't be bothered to be angry with Zhou Yi anymore.

He stared closely at the screen, analyzing whether the recent activity was caused by individual traders or institutional investors.

The trading volume of this wave wasn't significant, only around two hundred hands.

Moreover, the sell orders on the right side hadn't pushed the price below 4.35 yet.

From his analysis, it didn't seem like the institutions were selling off; it was more likely the result of individual traders exiting their positions.

Those traders, who had entered at 4.30 and saw the price rise to 4.33, had already made a profit of three cents, which was considered decent for some individual traders.

Especially with over fifteen hundred sell orders at 4.40, it was expected that traders would exit, as they were competing to sell.

Zhou Yi, with his sarcastic remarks, urged others to cut their losses. But before he could finish, someone placed a bid at 4.26.

Zhou Yi was taken aback.

But Chen Wei breathed a sigh of relief once more. It seemed his assessment was correct; this wasn't institutional selling but rather individual traders.

With this realization, there was a high possibility that the stock would continue its upward momentum!

"Heh, someone's placing bids. Want to enter with a few long positions? Don't miss out now; you might regret it later!" Chen Wei teased.

Ignoring Chen Wei, Zhou Yi quietly placed twenty bids at 4.26.

But before they could fill, more bids came in at 4.27.

Zhou Yi cursed under his breath.

Chen Wei chuckled, suggesting, "Why not just bid at 4.30? Help me support the price. Good for you, good for me, good for everyone."

Ignoring Chen Wei, Zhou Yi quietly placed twenty hidden bids at 4.30.

Chen Wei saw this but didn't expose Zhou Yi's strategy.

It was evident that Zhou Yi was eager to enter the market.

However, with the limited downside momentum in Casi's stock and the firmness of the buy orders, Zhou Yi's hidden bids at 4.30 remained unfilled. Soon after, buy orders appeared at 4.32 on the left side.

Frustrated, Zhou Yi slammed his keyboard and cursed again.

Beside him, Wang Zhaoguo remained silent but exchanged a subtle smile with Chen Wei.

In Wang Zhaoguo's eyes, Zhou Yi seemed impulsive, while Chen Wei appeared calm and skilled.

Especially considering that Chen Wei now held 150 long positions, with a profit of 700!

Adding the previous profit, it was over 800.

Meanwhile, Zhou Yi had not entered any positions. His initial thirty long positions had been sold, and now he couldn't get back in. His profit was still the same as at the opening, just over a hundred yuan.

It was clear who was the better trader.

At that moment, someone began trading at 4.35.

There weren't many sell orders at 4.35, only about twenty hands, which were quickly filled.

The orders at 4.36, 4.37, 4.38, and 4.39 were also sparse, and the price was quickly driven up.

As soon as the right side was eaten up, the left side followed suit.

Soon, the price reached 4.39 to 4.40.

There were over fifteen hundred sell orders at 4.40, while 4.39 only had a few dozen buy orders.

However, the situation was similar to before, with persistent buying.

Although there were occasional sell-offs, they only pushed the price down to 4.35 before bouncing back up.

Zhou Yi regretted not holding onto his thirty positions. If he had, he would have made three hundred yuan by now!

He also cursed himself for lacking Chen Wei's composure. Chen Wei held a hundred positions and remained steadfast, while he couldn't handle just thirty!

At the same time, he vowed to take more significant positions when 4.40 was breached and hold onto them.

After observing the market for a while, Chen Wei decided to place a hundred exit orders at 4.40.

He only had a hundred positions and couldn't enter anymore.

But it seemed unlikely that the price would break 4.40 soon, given the large sell orders.

He couldn't wait here indefinitely, so he decided to sell a hundred positions, leaving fifty to operate between 4.30 and 4.40.

Once he placed the exit orders, transactions started immediately.

It took over ten minutes to complete the hundred orders.

After selling, Chen Wei immediately placed fifty orders each at 4.30, 4.32, and 4.35.

His profit had almost reached two thousand yuan. Normally, he would be satisfied with this, but now he wanted more.

Moreover, he hadn't used his skills yet.

After placing the orders, the price dropped again, and the fifty orders at 4.35 were filled.

As soon as they were filled, Chen Wei placed exit orders at 4.40.

They were quickly filled, earning him another two hundred and fifty.

Zhou Yi also entered the market but didn't place exit orders. He quietly waited for the price to break 4.40.

Chen Wei placed fifty orders again at 4.35.

Wang Zhaoguo watched Chen Wei making money as if it were effortless, while Zhou Yi, with just over two hundred yuan in profit, couldn't compare.

After another hour, Chen Wei entered at 4.35 three more times, each time at 4.40, bringing his profit to over three thousand.

Finally, Zhou Yi realized what was happening and placed exit orders at 4.40.

At this point, there were fewer than a thousand sell orders at 4.40, and the momentum of buying had increased significantly.

Chen Wei understood; this was a sign of a breakthrough!

He quickly adjusted his fifty entry orders, ready to enter at 4.40.

Suddenly, someone traded over eight hundred hands to the right, leaving only about a hundred at 4.40.

Zhou Yi's thirty hands were quickly eaten up as well.

Before Zhou Yi could react, Chen Wei placed his exit orders and cleared all the sell orders at 4.40.

The price surged!

Zhou Yi was dumbfounded!

He had just sold his thirty positions and hadn't had a chance to get back in yet!

If he had known this would happen, he wouldn't have sold those thirty positions!

Zhou Yi cursed again.

Chen Wei didn't pay attention to Zhou Yi anymore. With nearly a hundred and eighty long positions, he confidently pushed the price to 4.49, trading over fifteen hundred sell orders at 4.50!

Chen Wei's profit increased by over seventeen hundred yuan!