Chereads / "Super Stock Trader" / Chapter 12 - Chapter 012 Schadenfreude of Zhou Yi

Chapter 12 - Chapter 012 Schadenfreude of Zhou Yi

Chen Wei glanced at Wang Zhaoguo but didn't say anything.

It's quite common for everyone in the same company to enter the market together, just like how he often checked what Zhou Yi was trading and Zhou Yi occasionally glanced at his trades.

Zhou Yi quickly switched to look at the casi stock.

Like Chen Wei, he also noticed that the over 1,000-lot large order at 4.30 would eventually be eaten up. However, he didn't dare to follow Chen Wei's lead and add more positions below.

The buy orders below were too thin, and he had just suffered a big loss yesterday. How could he risk doing the same today? He decided to patiently wait for a breakout above 4.30 to scalp.

Wang Zhaoguo leaned over to look at Chen Wei's side and commented, "Wow, Chen Ge, you're really bold. Aren't you afraid this stock will crash down?"

Chen Wei remained expressionless and ignored Wang Zhaoguo. Though he wasn't one to hold grudges or mock others deliberately, he wasn't likely to entertain someone like Wang Zhaoguo either.

Even if Wang Zhaoguo had teased him before, Chen Wei wouldn't go out of his way to be friendly, especially not with someone unrelated to his trades.

Seeing Chen Wei adding positions below, Zhou Yi was a bit surprised. He turned to glance at Chen Wei's computer screen and indeed saw Chen Wei placing two 50-lot buy orders below. Zhou Yi was puzzled.

He wanted to ask Chen Wei if he wasn't afraid the stock would plummet like IRS did yesterday, but he hesitated and didn't want to sound nosy.

Shaking his head, Zhou Yi stopped thinking about it and continued to focus on scalping.

Chen Wei also placed a 100-lot buy order at 4.30. If the orders below didn't get filled, he was ready to scalp at 4.30.

Waiting patiently with Zhou Yi, they waited for over half an hour. There were still over 1,300 lots of orders on the right side.

Suddenly, someone executed an 800-lot trade to the right!

The over 1,000-lot order instantly dwindled to just over 200 lots!

Chen Wei didn't hesitate and immediately added 50 lots to his position!

On the other side, Zhou Yi swiftly added 30 lots.

With their entries, there were only a little over 100 lots left on the right side, and the price shot up immediately.

Though the buy orders remained at 4.29 on the left side, the price on the right side had already reached 4.34.

However, after a few trades at 4.34, the market paused.

No one was trading on the right side anymore, and the buy orders on the left side also remained untouched.

Chen Wei felt uncertain. The buy orders on the left were thin, and if he had to sell at 4.25, he might not be able to unload all his positions, leading to significant losses. Moreover, it had been ten seconds already since the breakout, and even if he unleashed his skill, it wouldn't help much.

Just as he was contemplating whether to sell at 4.30, someone executed a large trade at 4.30!

It was on the D channel!

Dark pool trading!

Chen Wei now understood.

Zhou Yi also realized this and cursed, "Damn, there's dark pool trading below! I shouldn't have stopped out. This loss is huge!"

Chen Wei smirked, glanced at Zhou Yi, and said nothing.

By now, everyone had noticed the dark pool trading. With the buy orders at 4.30 holding firm, more trades executed at 4.34.

However, just as it seemed the price would break above, someone suddenly executed a sell-off, crashing the left side buy orders to 4.25!

Chen Wei's 50-lot buy order at 4.25 was filled instantly!

He was now down $350!

Frowning, Chen Wei couldn't tell if it was small traders trying to scalp or if it was orchestrated by the market makers.

If it was small traders, it was manageable. But if it was the market makers, it would be troublesome.

Beside him, Zhou Yi seemed somewhat pleased with the turn of events and said, "Phew, luckily I stopped out earlier. Otherwise, this would've been a loss of over $180!"

With that, he glanced at Chen Wei, seeming to revel in his misfortune.