Laursen only directed his team members to make an ultra-short-term move of fast in and fast out at the opening of the market. At the same time, when the market closed the gap, he added 2,000 sell orders. The rest of the time was spent watching the show.
Sun Dahai's designated position building work has been completed ahead of schedule. Now Laurson is seizing short-term opportunities and doing whatever he can.
The short orders created at the opening today will be closed by Laursen before the market closes. While making extra profits, the basic position quantity will remain unchanged.
It should be said that the US market is much more intense than the Hong Kong stock market. Although the market has been going down, the competition between the long and short sides is quite fierce.
While the bulls resisted, they retreated steadily. Although the strength of the shorts was effectively consumed, the bulls were somewhat unable to organize a counterattack.
The trading team had nothing to do at this time. Everyone gathered together, drinking tea and drinks while keeping an eye on the market.
Today, the U.S. market fell sharply by 4.6%. In the last three trading days of this week, it fell by more than 10%, almost completely eating up the gains in the last half month.
Before the market closed, Laursen closed the short order he had made today and completed a beautiful T+0. These two thousand short orders, from high to low, almost caused today's market fluctuations to end from the beginning.
The total margin invested in the 2,000 S&P500 short orders was less than 13 million U.S. dollars. In half a day, he easily made a net profit of more than 5 million U.S. dollars. This made Laursen and his American team
, he really showed his face in front of Sun Dahai.
Because today is the weekend, there is no work the next day. So Qiao Wanting, Xing Wenyan, and several traders in the Asian group took the time to take a nap after dinner, and then insisted on staying up late to watch today's performance of the US market.
Sun Dahai felt that this had something to do with him staying up late to watch the market. However, the market did not last long in total. Sometimes staying up late several times was nothing to a trader.
Speaking of traders, Sun Dahai suddenly thought of Qiao Wanting's elementary school girl, Qiu Xinjie, who was an intern order placement officer at Daifuku Securities.
He told Qiao Wanting about this situation and asked her to inquire about Qiu Xinjie's grades and performance in school, as well as her own personality and conduct. If suitable, she could recruit her and train her.
Anyway, she just graduated this year and has not yet become a regular employee at Daifuku Securities. Even if there is a liquidated damages stipulated in her internship contract, it will not be too high.
Everyone had a midnight snack (breakfast) together, and Sun Dahai yawned before going back to the Mandarin Oriental Hotel to catch up on his sleep.
Sun Dahai slept until the afternoon, barely getting enough sleep. This was the first time since his rebirth that he stayed up all night, and it was inevitable that he felt a little uncomfortable physically and mentally.
But fortunately, he is young now, so if he can sleep for a few hours, there will basically be no problem.
Sun Dahai got up and washed up, and Gao Yi had already arrived. She had classes at school this morning, so she didn't stay up late with Sun Dahai yesterday.
Sun Dahai had no other plans today, so everyone went to Chef Cao's house together.
Fang Lin returned to the capital yesterday without taking a single cloud with him. Cao Yue was still carefree. Isn't it said that a woman's personality will change after giving birth?
…
October 19, Monday, sunny.
Sun Dahai took a good rest at home for two days. Early on Monday morning, he came to the 31st floor of the Future Building.
The people in the trading team also took a two-day break. Although everyone is in a closed state and cannot leave the Future Building or contact the outside world, everyone is already very experienced in this. The conditions of closed life are now much better than before, so
Don't worry about their status.
Sun Dahai adjusted the TV before the market opened and connected the information displayed on the computer to the TV. During the day, he mainly paid attention to the Hong Kong stock market. As for the Japanese market, Xing Wenyan was enough to keep an eye on it.
It was still a while before the market left, so Sun Dahai picked up the newspaper and checked yesterday's relevant news.
The headlines on the overseas economic pages of several newspapers were basically about the U.S. Treasury Secretary. He announced on a TV program yesterday: "If the Federal Republic of Germany does not lower interest rates, the U.S. government will continue to let the dollar fall."
This is actually a tactic used by the American government to benefit itself by threatening other countries.
In the 1985 Plaza Agreement, the U.S. government threatened Japan and the Federal Republic of Germany to force their currencies to appreciate, thereby reducing exports and increasing imports, thereby benefiting the United States.
Now the U.S. Treasury Secretary is threatening the Federal Republic of Germany because recently the United States has not been able to absorb capital as well as the Federal Republic of Germany, and there is a tendency for capital to flee. Therefore, the United States will never allow this to happen.
There were many causes for the global stock market crash in 1987. The televised speech of the U.S. Treasury Secretary was also considered by later generations of scholars to be one of the important reasons.
This means that the U.S. government has no better solution to the high deficit and slowdown in domestic economic growth. The attractiveness of American domestic companies to international capital has significantly declined, and the U.S. government can only rely on the high-pressure diplomatic policy of the U.S. government to maintain the situation.
During the two days of rest, Sun Dahai has been paying attention to the prospects of the stock market development in Hong Kong's major media, and more than 80% of them are mindlessly optimistic about the market outlook.
Sun Dahai thought to himself, it turns out that this so-called "brick family calls the beast" is not just a specialty of the mainland.
There was an article in the South China Morning Post yesterday that mentioned the decline in US stocks last week. However, this article was not to remind people of potential risks in the market. On the contrary, it was to tell investors in Hong Kong to increase their bets.
"Last week's severe decline in the U.S. stock market has led all investment experts to recommend that investors buy U.S. securities. They believe that the U.S. market is ready to climb again, and investors should take advantage of low prices to buy stocks and trust funds.
"
Damn it, fortunately the stock market crash happened as soon as the market opened today. Otherwise, if the readers of the South China Morning Post really believed the newspaper's lies and chose to enter the stock market or futures market now, they would die miserably?
Sun Dahai put aside the contempt in his heart and saw that the time was almost up, so he threw away the nonsense newspaper in his hand and prepared for the opening.
From the moment the Stock Exchange opened, the sky in Hong Kong seemed to be no longer blue, but a terrifying black that was almost nothingness.
Almost at the moment the market opened, a large number of selling orders surged out. Affected by this, countless market makers and investors in the stock market, without even knowing the reasons themselves, followed the big selling orders and fled frantically.
Just fifteen minutes after the stock market opened, the Hang Seng Index fell sharply by 120 points. There were only sell orders on the market, but there were almost no accepted buy orders. The trading volume was extremely bleak.
When the market closed at noon, the Hang Seng Index fell 140 points again, and the circuit breaker mechanism of the Hang Seng Index futures was even triggered during the session, causing the futures market to be suspended.