Chereads / "Super Stock Trader" / Chapter 106 - Chapter 106: Nothing More Than This

Chapter 106 - Chapter 106: Nothing More Than This

Luo Chen was here looking at the ADVMD chart, speculating that if it wasn't a coincidence, how exactly did Chen Wei figure it out.

Could someone have tipped him off?

That seemed unlikely!

There wasn't enough time, and Yuan Tong wouldn't be careless enough to leak the information.

When Yuan Tong decided to take on ADVMD, not even Xu Lin knew about it until after it was done.

No matter how Luo Chen thought about it, he couldn't figure out how Chen Wei managed to do it!

To Luo Chen, there were only three possibilities: pure coincidence, Xu Lin made a mistake, or foreknowledge.

Foreknowledge was a bit far-fetched, and the odds of it being a coincidence were too low. Perhaps, Xu Lin really did make a mistake.

Luo Chen glanced at Xu Lin indifferently.

Xu Lin was still angry, pouting as she said, "Chen, that Wang Fang is too much! I bet she tipped off Chen Wei! Maybe she even took a bribe from him! That bitch, playing both sides. I really underestimated her! She looks so honest, but she's full of tricks. Chen, you should find an excuse to kick her out. She's just causing trouble here!"

"Alright, alright, we'll deal with Wang Fang later. After all, she hasn't made any major mistakes. Kicking her out for no reason wouldn't look good. And don't be mad at Yuan Tong either. He lost so much money, it's normal for him to be upset. As his girlfriend, you should comfort him, not be angry with him! I'll talk to him later and have him apologize to you. This matter will be over then. It's just a loss of sixty thousand dollars. It's not a big deal. If you stick with me and work hard, I guarantee he'll make ten times or even a hundred times more in the future!"

Luo Chen said to Xu Lin.

"Chen, you're so generous. If Yuan Tong could be half as good as you, it would be great. Wang Fang got off easy this time. Alright, I'll head upstairs now."

Xu Lin sighed, stood up, and prepared to leave.

"By the way, Xu Lin, keep an eye on Chen Wei's positions tonight. Let me know what stocks he gets into."

Luo Chen suddenly called out to Xu Lin again, giving her an instruction.

"Chen, do you want to personally…" Xu Lin asked excitedly but was interrupted by Luo Chen, "Don't overthink it. I just want to see how Chen Wei operates."

Xu Lin showed an understanding expression, nodded quickly, and said, "Got it, Chen. I'll keep you informed."

Chen Wei and his group chatted for a while, and the market opened.

At the beginning of today's session, there weren't any particularly good opportunities. Chen Wei made a few trades, earning a couple hundred bucks.

Half an hour later, Chen Wei found some stable SSR stocks and started placing heavy orders.

Xu Lin stood behind Wang Fang, taking photos of Wang Fang's computer screen with her phone from time to time and sending them to Luo Chen.

Luo Chen himself stopped trading and just quietly watched the stocks Chen Wei was trading.

The first few stocks didn't matter much, but when Chen Wei started trading SSR stocks, Luo Chen became fully focused.

He didn't rush to make a move like Yuan Tong but wanted to see how Chen Wei was trading these stocks.

After watching for a while, Luo Chen was a bit surprised.

Chen Wei kept pressing with short positions, as if he wasn't worried about these stocks bouncing back at all!

Of course, Luo Chen knew what SSR stocks were like. He wouldn't dare trade them the way Chen Wei was.

Xu Lin was now taking a photo every half minute and sending it to Luo Chen, so Luo Chen was fully aware of Chen Wei's positions.

Apart from increasing his short positions, Chen Wei didn't make any other moves, and these SSR stocks were steadily declining.

Luo Chen wasn't in a hurry and watched patiently.

After more than twenty minutes, suddenly, Xu Lin sent a photo showing that Chen Wei had closed one of his short positions and switched to a long position!

Luo Chen exclaimed.

He had been watching closely and hadn't noticed anything unusual on the chart. Apart from Chen Wei's sudden position switch, there hadn't been any upward trades!

As he was pondering, the stock surged by over a dollar!

Luo Chen cried out in astonishment!

This was quite uncanny!

Could it be that Chen Wei's market intuition was that sharp? This was almost like foreknowledge!

Luo Chen found it hard to believe.

Thinking it over, Luo Chen picked a stock that Chen Wei was trading.

MNTA.

Chen Wei held a thousand short positions, and the current price was 15.60 to 15.61.

There were nearly two thousand sell orders at 15.61, over five hundred buy orders at 15.60, and considerable buy orders at 15.59, 15.58, and other lower prices, but not many sell orders beyond 15.61.

Luo Chen placed a buy order for three thousand shares and watched for a while.

When Xu Lin sent another photo showing that Chen Wei's thousand short positions were still there, Luo Chen decisively executed the three thousand buy order!

He ate up the 15.61 sell orders and pushed the price to 16.00!

He then asked Xu Lin to check Chen Wei's positions again.

Xu Lin quickly sent another photo showing Chen Wei's MNTA short positions with a floating loss of forty thousand!

Luo Chen breathed a sigh of relief!

It seemed he had been overthinking!

After all, how could there be such a thing as foreknowledge…

Chen Wei frowned, looking at the MNTA chart.

He hadn't used his skill.

He sensed something was off.

After the stock surged, it had another order of over a thousand shares pushing it up!

Could this be Yuan Tong's doing again?

Wang Fang hadn't sent him any messages.

With Xu Lin standing behind her, Wang Fang had no chance to send a message.

But Chen Wei still suspected it was either Yuan Tong or Luo Chen.

The stock now had an upward momentum driven by those thousand-plus shares, but it was mainly due to short-covering. The real buying pressure was minimal.

Moreover, Chen Wei still had twenty seconds of skill left, so he wasn't too worried. If he had misjudged and it wasn't Yuan Tong or Luo Chen but a genuine reversal, he could just use his skill to close the short positions at the current price and switch to long. He wouldn't lose much.

Chen Wei patiently waited for a while.

Luo Chen also waited patiently.

He didn't expect this trade to make Chen Wei lose much; he just wanted to test how sharp Chen Wei's market intuition was.

And now, he almost had his answer.

Nothing more than this…

Xu Lin, on the other hand, was ecstatic.

Chen is indeed impressive!

With one move, he made Chen Wei lose money!

Xu Lin clenched her fists, cheering silently, "Lose more, lose more!"

Wang Fang was extremely worried.

Chen Wei was losing over forty thousand on this trade! The key point was that she hadn't tipped him off! Would Chen Wei blame her for this?

The two women had completely different feelings at the moment.