At one-thirty, as soon as the market opened, Chen Wei's ten-lot short position at 47380 was executed. Immediately after, the price of copper dropped to 47340.
But it quickly rebounded to 47370...
Chen Wei hadn't even adjusted his exit orders yet...
He could only sigh in resignation.
Fortunately, the price of copper dropped again to 47350, but then it was executed at 47370.
For the next few minutes, the price of copper fluctuated between 47350 and 47370.
Except for the large volume at the opening, the subsequent trading volumes were not significant, only about four to five hundred lots per minute.
Chen Wei originally hoped that the price of copper would drop a bit further, but judging from the current situation, it seemed unlikely; it was stuck in a range.
The minimum price movement for copper was ten yuan, and with a range of 47350 to 47370, it was just a two-point spread...
Chen Wei silently calculated the commission fees. The commission for copper was charged at 0.05% of the transaction amount, which was a little over ten thousand yuan per lot, so the commission was less than a yuan. And the minimum price movement was fifty yuan.
It was worth a shot.
With this in mind, Chen Wei no longer clung to the ten-lot short position; instead, he placed ten lots at 47350 and another ten lots at 47370.
As soon as he placed the orders, they were executed almost simultaneously. The ten lots entered at 47380 were sold at 47350, and another ten lots at 47370 were entered.
He made fifteen thousand yuan.
Chen Wei then placed fifty lots at 47350 and fifty lots at 47370.
Since he still had ten seconds of skill time left, if the price of copper really broke out, he could activate the skill.
In ten seconds, it might be too late to close and re-enter positions, but closing positions alone was possible.
With a two-point spread and fifty lots traded, buying at 47350 and selling at 47370 could earn him five thousand yuan.
Not bad at all.
The key was, he could enter and exit once every two minutes on average!
Chen Wei traded for about half an hour, earning over sixty thousand.
Afterward, the price of copper broke out upwards, reaching 47390. But it immediately dropped again.
Chen Wei didn't activate the skill this time, but instead placed the short position entered at 47370 at 47360, earning two thousand five hundred yuan.
Then he continued trading, but this time it was buying at 47360 and selling at 47380, still a two-point spread.
This time, he traded for about forty minutes, making over seventy thousand. Mostly because there were a few instances where he exited with just a one-point spread.
He kept trading until around two forty-five.
Futures closed at three in the afternoon, and as it approached the closing, the market typically wouldn't stay in a stable range like this. Chen Wei had suffered too many losses from late-session sell-offs, so he decided to stop trading.
In total, he had traded for about an hour and earned nearly one hundred and forty thousand.
Chen Wei was quite pleased.
If futures traded like this every day, that would be great!
Of course, futures couldn't be like this every day; most of the time, the fluctuations were significant.
With high volatility and unstable ranges, it wouldn't be possible to trade like this. If there was a loss, all the previous gains might be wiped out.
In fact, even in a trend like today's, many people wouldn't dare to trade. Until a trend was established, who could guarantee that the price of copper would remain stable? Chen Wei was sensitive to price movements, and he had skills. That's why he dared to trade.
Today was his first day trading futures, and he made a good start with nearly one hundred and forty thousand in earnings.
As the session ended, the price of copper did break down, but not by much. Chen Wei turned off his computer, went to bed, and slept for a while.
Over the next two days, Chen Wei continued trading U.S. stocks at night, took a nap in the morning, traded futures in the afternoon, and then slept again.
He focused mainly on SSR in U.S. stocks, and after using his skills, he traded large-cap stocks. These two days, he made over eighty thousand. Additionally, Zhou Yi and Zheng Junpeng also made a considerable amount. Finally, his skill level had risen to level four, and the backtracking time had been reduced to one minute.
Trading futures for these two days didn't earn much, less than fifty thousand in total. Mostly because there weren't many good opportunities worth activating his skill; he only made a few small scalps.
On Thursday night, he came to the company.
As he walked downstairs, Chen Wei happened to glimpse two girls from the risk control team talking in a corner.
One of them was Xu Lin.
The other one looked familiar, but he didn't know her name.
Chen Wei didn't pay much attention; it was normal for two girls from the risk control team to talk quietly downstairs.
However, just as he lowered his head to enter the building, he faintly heard Xu Lin mention something about "Group Seven."
Chen Wei's heart skipped a beat!
Why would Xu Lin mention Group Seven out of nowhere?
Chen Wei knew that each girl in the risk control team was responsible for a trading group. However, he wasn't sure which girl was responsible for which group. He had been with the company for a year, but he rarely interacted with risk control and didn't bother to ask. All he knew was that Xu Lin was in charge of Group Three, which was Luo Chen's group. He had only learned this from Zhou Yi's constant chatter.
A risk control officer responsible for Group Three, whispering about Group Seven with another officer!
That seemed unusual!
Chen Wei wanted to listen to what the two girls were saying, but perhaps sensing his presence, they moved further away, speaking in even lower voices.
Chen Wei didn't pursue it further but kept it in mind.
In the office, he chatted with Zheng Junpeng and Zhou Yi as usual, discussing their plans for viewing office spaces over the weekend.
They had found several office spaces online and selected a few similar ones to visit over the weekend.
After the market opened, Chen Wei made a few trades and earned a few hundred yuan. Zhou Yi called out a stock, and Chen Wei followed, making two thousand yuan.
On the other side, Zheng Junpeng also entered some trades and made a significant amount. Then he quipped to Zhou Yi, "Well done, Zhou Yi, a rare sight indeed, you also called out a stock!"
Zhou Yi rarely called out stocks; he usually quietly made his own trades whenever he found a good opportunity. This time, it seemed like he was sharing opportunities with everyone.
Zhou Yi grinned awkwardly and replied, "Well... with everyone making money, it's better to share, right?"
"Agreed, your awareness has improved a lot!" Zheng Junpeng chuckled.
Zhou Yi grinned and said nothing more.
Chen Wei found several SSR stocks again, and he was just about to place orders when suddenly, one stock surged by more than one yuan.
Without hesitation, Chen Wei activated his skill, rewinding time by twenty seconds.
His skill currently allowed him to rewind time by one minute, and within a twelve-hour period, he could only use it three times. Even if he used it for ten seconds once and thirty seconds three times, the remaining thirty seconds couldn't be used again until the skill recovered.
So, Chen Wei decided to rewind time by twenty seconds at once, giving himself more time.
As time rewound, Chen Wei quickly shouted, then placed an order for five hundred shares.
Meanwhile, Zhou Yi and Zheng Junpeng also rapidly placed their orders for three hundred shares each.
The stock price surged again.
Zhou Yi excitedly shouted, ready to place his exit order, only to be stunned to find that his three hundred shares had been snapped up by someone else!