Chapter 9: Left Side Entry

After receiving 30,000 yuan, Su Yu deposited 3,000 US dollars into his foreign exchange margin contract trading account, and kept the remaining 10,000 yuan as a backup.

After all, even if he is confident enough.

In the financial market, it is not wise to go all out.

After the account funds are relatively sufficient, Su Yu no longer bothers about the issue of "tolerance rate" and starts to trade according to normal trading methods.

He uses a leverage of 200 times.

When the gold price slowly rises to 1580, and the hourly K-line and 30-minute K-line show a continuous top adjustment trend, he places an order for a 0.3-lot short order, and then sets the stop loss at the previous resistance position of 1,600 US dollars.

According to his capital of more than 3,000 US dollars, under a leverage of 200 times, he can open a maximum of 4 standard lots of gold long and short orders.

0.3-lot contract short orders account for 7.5% of 4 standard lots, that is, 7.5% of the position.

Such a position ratio is a low-risk transaction with a relatively small position in foreign exchange margin contract trading, so the stop loss range can be slightly enlarged to withstand the relatively violent fluctuations and adjustments of the target before the new trend under the left entry.

In the so-called margin contract trading, the left entry should be small orders and large stop loss transactions.

This is the principle.

Otherwise, once you enter the market on the left, even if your judgment and prediction are correct, you will probably die before dawn.

After all, financial transactions...

Especially in the case of huge leverage effects, you can never make money if you know the rise and fall clearly.

After Su Yu sold the first order, the gold price fluctuated around $1,580 for two hours, digesting the not-so-good-looking pattern on the time-sharing K-line, and then continued to rise slowly, breaking through to $1,583.

Su Yu looked at his 0.3-lot short position, which had lost nearly $100 in the slow rise of gold prices. He was calm and had no emotional fluctuations.

Then...

After breaking through 1583, the price of gold suddenly accelerated and soared by 20 points, reaching the price of 1585.

At this time, Su Yu's loss on the first order had reached 150 US dollars, but he was still unmoved and calmly waited for further changes in the price of gold.

Then...

Just when the bulls in the market thought that gold would continue the violent rebound last Friday and continue to break upward rapidly, its price suddenly fell.

In less than 3 minutes, the price of gold fell back to the price of 1583.

At the same time, on the ten-minute K-line chart, a long cross Yin line with a range of more than 20 points was left.

Seeing this situation, Su Yu looked calm and still did not move. He just glanced at the time in the small right corner of the computer screen, thinking that after gold quickly attracted more on the time-sharing chart, it should not continue to rise.

Sure enough...

Starting from the next ten-minute K-line, the price of gold began to fall gradually, and in less than an hour, it shrank back to the price of 1580.

Su Yu observed that the downward trend of gold in this hour was obviously much smoother than the upward trend.

That is, the upward trend is a slow oscillation of ups and downs; while the downward trend is almost a unilateral trend.

It is understood that gold has formed a pattern of difficult upward movement and easy downward movement in terms of price trend, which also shows that its trend has shown signs of reversal.

"It seems that... the pressure level of $1,600 will not be reached." Su Yu stared at the trend of gold and smiled, "The bullish force is weaker than I expected."

"In this case..."

"Then it's time to turn to the right side of the transaction."

As he said, he held the mouse and sold 0.5 lots of orders again at the gold price that had fallen to around $1,579.

For this order, he set the stop loss at $3 above the highest point of gold's rebound tonight, 1,585.56.

That is, $1,588.56.

After placing the order, Su Yu expected that there would be no more changes in the trend of gold tonight, so he turned off the computer and went to sleep in bed.

When he woke up the next day, the stock market had already opened.

The Shanghai Composite Index and the ChiNext Index continued to rebound yesterday, and the market sentiment was good. Among them, Huaqingbao's market attention soared today after its dazzling performance yesterday. In the bidding stage, it directly opened 9% higher, and then it was closed within 30 seconds of the opening, with a transaction volume of less than 6 million.

Su Yu looked at Huaqingbao's almost limit-up trend, and there was no surprise.

After all, the main institutions collected chips at the bottom, dormant and shaken for more than a month. Now... this check has just walked out of the chip area and has just received the attention of many active funds in the market. The main institutions will never let the market die out and give up the chips in their hands at this stage.

And...

Su Yu estimated that if nothing unexpected happened, the mobile game market and Huaqingbao would have good news in the next one or two days.

After understanding the overall trend of the stock market and the specific market trend of Huaqingbao, Su Yu began to log in to the chat software to check the messages.

As soon as the account was logged in, Su Yu had not had time to open the chat box, and dozens of message prompts kept flashing.

He checked and found that most of the messages were sent by Liu Tianshui.

The other party was so excited when he saw Hua Qingbao hitting the daily limit continuously that he sent him a dozen similar words praising his stock trading and stock picking skills.

Su Yu could only sigh with emotion, responded lightly, and ignored it.

Then, after excluding various group messages, he checked other messages and found that they were all messages from Shi Yuling.

"Brother Su Yu, are you busy?"

"I'm going to continue studying as you said and enroll in an adult college."

"I just called and asked the teacher at the institution. The other person said that as long as you take time to attend classes, study briefly, and pass the final exam, you can get a college diploma."

"besides……"

"Yesterday Qingya had a quarrel with our company's agent because of me, and I felt a little guilty."

"Later, after the quarrel, the manager gave all the tasks Qingya and I had for this month to others."

"I think the other party's behavior is too much, so I want to go to the director to argue, but Qingya won't let me go. She said that even if we go to the director, the director won't help us and will only damage our relationship with our agent. It’s even more rigid and I won’t be able to get any more assignments in the future.”

"Hey... I'm so angry!"

"Even if I cancel my task list for this month, it actually affects Qingya."

"I found out that the company's agent was bullying me and Qingya as newcomers. He always gave us orders with heavy tasks and low prices. If we didn't go, he would deliberately make things difficult."

Su Yu looked at Shi Yuling's complaints and worries, smiled, and thought to himself: "This can be regarded as a necessary mental journey for new people entering society and the workplace."

"You can register for an adult college. Although the self-study examination is not considered full-time, it is also a nationally recognized academic qualification. It is a manifestation of self-improvement. At any time, it is better than nothing. And after you get the academic qualification, you can also Based on this, continue to study for undergraduate studies and postgraduate entrance examinations." Su Yu replied, "As for your work, I think you can calm down and think about it carefully. Do you really like it?"

"If you like it, it's normal to encounter such unhappiness in the workplace."

"But you have to learn to slowly regulate your emotions and find new solutions."

"Of course, if you really don't like it and are under tremendous pressure at work, you can also stop and plan your future path and temporarily withdraw from the current working environment."

The graphic model company where Shi Yuling works.

According to Su Yu's understanding, there are just a lot of model agencies in Yuhang, which were transformed and packaged from ordinary e-commerce media planning companies and various photography studios.

This kind of garbage enterprise only knows how to exploit newcomers and is on the periphery of the entire model agency industry.

For the so-called graphic models signed by the company due to long-term business needs, there is no system training ability and resource development ability at all.

It would not be a pity at all to leave!

"I have already registered!" Seeing Su Yu's reply, Shi Yuling said happily, "Now, I am preparing to ask Qingya to accompany me to the examination center to review the information."

"By the way, brother Su Yu, what major do you think I should choose?"

Su Yu replied: "Whatever you want to learn, just choose what you are interested in and like."

When it came to adult self-study exams, Su Yu felt that apart from giving him another stepping stone in academic qualifications, the so-called majors actually had little value, and it made no difference whatever major he studied.

"Then...can I learn finance?" Shi Yuling asked.

Su Yu asked in surprise: "Why do you want to study this major?"

"Because of this... I have someone to tutor me in my studies." Shi Yuling replied, "Besides, I heard that it is very profitable to learn finance!"

"Now that I have grown up, I have to learn to be self-reliant, so naturally I have to study the most profitable major."

"That's okay!" Su Yu replied, "The financial colleges around Yuhang should have self-study exams for adults. Just look at it carefully and choose."

"Yeah!" Shi Yuling responded.

Then he paused for a while before continuing: "Then I will leave it to Brother Su Yu for my future professional knowledge exams!"

After finishing speaking, Shi Yuling also added a cute "hugging thigh" expression behind it.

When Su Yu saw that expression, he smiled uncontrollably and replied with the word 'good', and then... Because Shi Yuling was in a hurry to go out, the two of them stopped talking.

Finished processing the message on the chat software...

Su Yu ignored the stock market and turned his attention back to the London Gold market trend.

I saw that the gold price had dropped from the 1579 position when he placed the order last night to the 1550 position, completely reversing the bullish trend in the first half of last night.

Su Yu held a total of 0.8 short lots.

When the trend of gold reversed, the loss when I first placed the order turned into a profit of more than 2,300 US dollars.

In this way... Counting his original investment of US$3,144, his total capital now has reached more than US$5,400. Excluding the more than US$600 margin locked in 0.8 lots of gold positions, the available margin in his account has reached as high as Over $4,700.

This kind of margin amount, at the maximum level, is enough for him to open 6 gold standard lots.

Faced with a floating profit of US$2,300 in the position account...

Su Yu was unmoved and had no intention of closing or reducing his positions. Instead, he stared at the K-line trend of gold and continued to wait for a new short entry point after the gold price fluctuated here.