webnovel

"Super Stock Trader"

"Trader Chen Wei stumbled upon an extraordinary system, starting his legendary trading career."

sckyh · perkotaan
Peringkat tidak cukup
149 Chs

Chapter 060: Wrapping Up

"Old Chen, did you get in?" Zheng Junpeng asked.

At this moment, all the buy orders below had vanished, and the price plummeted to 1.92 with only a few sparse buy orders left.

"I managed to get fifty shares at 2.02. I missed the rest as I adjusted to 2.00. It happened too quickly. I only have eighty-seven short shares in total. How about you?" Chen Wei replied, a bit frustrated.

"You were too slow. I got over thirty shares at 2.04 and another 150 at 2.02," Zheng Junpeng said with a smile.

"Wow, you're really fast," Chen Wei said, shaking his head with a smile.

"What about Zhou Yi? Did you get in?" Zheng Junpeng asked Zhou Yi.

"Not a chance! It was so fast. I should have placed my orders at 2.04 too!" Zhou Yi grumbled, clearly upset.

"Hahaha, I told you to get in earlier, and now you regret it?" Zheng Junpeng laughed.

"Don't get too cocky. Just because the orders below have been pulled doesn't mean you'll get out so easily. The sell orders haven't started pressing yet," Zhou Yi retorted, annoyed.

As soon as he finished speaking, a long string of sell orders appeared at 2.00, just like before.

"...Damn it..." Zhou Yi was speechless.

"Oh, look at that, orders are pressing down!" Zheng Junpeng teased, laughing even harder.

Chen Wei also smiled and shook his head without saying anything.

As the electronic orders moved up and down twice, many people began to understand their pattern. Many traders started placing their orders ahead of the electronic ones.

Zhou Yi placed a hidden order at 1.98. However, with the market moving mostly downward, he only managed to get a few shares before the electronic orders pushed down to 1.90.

"Exit at 1.85?" Zheng Junpeng asked Chen Wei.

"Yeah, sell at 1.83, 1.84, and 1.85, then prepare to go long," Chen Wei replied.

Chen Wei placed his eighty-seven short shares at 1.83. Riding the downward push of the electronic orders, he exited smoothly, earning around 1,700 yuan, and then set up 200 long orders.

Zheng Junpeng also exited, earning about 3,500 yuan. Zhou Yi only made around 100 yuan.

When the electronic orders pushed down to 1.85, Zhou Yi immediately placed 100 long orders without hesitation.

"Why the rush, Zhou Yi?" Zheng Junpeng scolded, hearing Zhou Yi's furious typing and seeing the sudden upward transaction of 100 shares. He quickly followed with 100 shares himself.

Chen Wei had already placed fifty shares at 1.83 and 1.84. Seeing Zhou Yi's move, he hurriedly placed another 100 shares, totaling 150 long shares.

Chen Wei looked at Zhou Yi with some displeasure and said, "Next time, give us a heads up before you place an order. Don't rush in yourself! There were over 500 electronic orders—what's the rush?"

Zhou Yi's sudden order could have prematurely removed the electronic orders, making it difficult for Chen Wei and Zheng Junpeng to enter.

Feeling embarrassed, Zhou Yi grinned sheepishly and said, "It won't happen again, promise."

"I'm tired of telling you, Zhou Yi. Next time, let's coordinate and place orders together," Zheng Junpeng said.

"Got it, got it. Never again, I swear," Zhou Yi replied quickly.

This time, each of the three grabbed 100 shares. The electronic orders at 1.85 were quickly reduced by more than half, and the rest were snapped up almost instantly.

Then, all the sell orders above vanished again, and buy orders below pushed up once more, quickly reaching 2.00. The next sell order level was at 2.05, with dark pools at 2.01.

"Don't wait, exit and go short!" Chen Wei instructed. The three exited simultaneously and went short.

This time, Chen Wei aimed for 1.98, entering with 300 short shares. Zheng Junpeng also took 300 shares, and Zhou Yi took 200 shares.

They were becoming bolder, entering positions nearly as aggressively as Chen Wei. Shortly after they entered, electronic sell orders appeared again, pushing the price down to 1.85. The three exited their short positions and went long once more, thoroughly enjoying the process.

Seeing this, several others began trading HDsn alongside them. As more people joined, the profit margin shrank. Eventually, the electronic orders were overwhelmed after only moving five or six levels.

Chen Wei sighed, realizing this stock was no longer worth trading. However, he had made substantial profits, earning over 25,000 yuan from several trades.

Zheng Junpeng also did well, making around 19,000 yuan, while Zhou Yi earned about 11,000 yuan.

It was past 2:00 PM, with less than two hours until the market closed. Since today was the last day of the month, both Zhou Yi and Zheng Junpeng decided to call it a day.

However, Chen Wei wasn't ready to stop. He still had his 30-second rewind ability, which he hadn't used at all today.

To be honest, this was the first time he had made so much money without using his skill.

After a quick break, Zheng Junpeng returned to see Chen Wei still trading. He smiled and said, "Haven't had enough yet? Take a break; you've made plenty."

"Exactly, we've made quite a lot this month. No need to push for the last hour," Zhou Yi added, grinning.

Zhou Yi had earned over 35,000 yuan this month, netting a commission of 160,000 yuan. He was thrilled.

Chen Wei smiled calmly and said, "Just looking for more opportunities."

Zheng Junpeng and Zhou Yi both chuckled, leaving Chen Wei to it. One started playing games, the other reading a novel.

Chen Wei searched for a while. Despite it being the end of the month and nearing the close, the trading volume was high, making it hard to find significant price swings. Even the usually volatile SSR stocks were now range-bound, offering no sudden spikes.

Finally, at 3:30 PM, with no good opportunities in sight, Chen Wei reluctantly switched to the SPY index. He waited for a minor 30-cent fluctuation and used 20 seconds of his rewind ability to enter 200 shares, earning 6,000 yuan.

Satisfied, he wrapped up for the day.

Calculating his earnings, Chen Wei realized he had made over 320,000 USD in the last eight days of the month, with a commission of around 1.47 million yuan. It was the most money he had ever made.

Despite this milestone, Chen Wei felt surprisingly calm. While 1.5 million yuan was a significant sum, it wasn't enough to start his own company. Planning ahead, he decided to use part of his earnings for a down payment on a property and the rest to open a domestic trading account to familiarize himself with the Chinese futures market.

As for US stocks, he planned to stay at Meitai for another month, aiming to earn more and upgrade his skills. Realistically, his 30-second ability was still limited for the Chinese market.