Chereads / "Super Stock Trader" / Chapter 115 - Chapter 115: Accompany Him for a Good Game

Chapter 115 - Chapter 115: Accompany Him for a Good Game

In the risk control group, both Wang Fang and Xu Lin exclaimed at the same time.

Xu Lin had come specifically to check on Chen Wei, so she first looked at Chen Wei's account.

Wang Fang, noticing Xu Lin approaching, instinctively glanced at Chen Wei's position as well.

Then, they both watched as Chen Wei closed his short position in JKS and switched to 2000 long contracts. Immediately, the stock price skyrocketed, increasing by more than three dollars, almost four!

Chen Wei had already made a profit of over 700,000 yuan!

Not only Chen Wei, but Zhou Yi had also made a profit of about 378,000 yuan, Zheng Junpeng had taken 500 shares, earning nearly 200,000 yuan, and several others in Team Seven had also profited tens of thousands of yuan each!

Xu Lin stood there, dumbfounded, completely forgetting to report back to Luo Chen.

It wasn't until Luo Chen urged her again that Xu Lin quickly snapped a photo and sent it over.

Luo Chen looked at the photo of Chen Wei's position, switched to check JKS, and then slammed his desk in frustration!

JKS had just surged!

He had asked Xu Lin to check on Chen Wei's position five minutes ago!

If Xu Lin had reported Chen Wei's position in time, he might have noticed JKS too!

He could have grabbed a thousand or two thousand shares before the surge and now be making tens of thousands!

But now, the stock had already risen more than four yuan, and it was surging with high volume, leaving him no choice but to watch Chen Wei profit without any means to intervene!

Luo Chen took a few deep breaths, calming his agitation before sending a message to Xu Lin: Next time I tell you to check Chen Wei's position, do it quickly. Don't drag your feet and waste time!

Xu Lin, sensing Luo Chen's displeasure from his message, felt uneasy and quickly replied: Got it, Brother Chen. I was just handling a few orders and got a bit delayed. It won't happen again.

Luo Chen replied: Don't let it happen again! Keep monitoring Chen Wei's position and report to me at once!

Afterwards, Luo Chen reviewed the other stocks in Chen Wei's portfolio.

Chen Wei had other positions apart from JKS, around ten stocks in total. Luo Chen figured Chen Wei's attention would be on JKS, giving him a perfect opportunity to teach Chen Wei a lesson!

Luo Chen soon decided on a target, GHG.

The stock was at 11.50 bid and 11.51 ask, with Chen Wei holding a thousand short positions.

There were nearly 2000 shares for sale at 11.51, but higher price levels had no large sell orders.

Luo Chen bought the 2000 shares at 11.51, pushing the price up to 12.00.

Chen Wei, focusing on JKS, noticed GHG surging by fifty cents.

Without hesitation, he activated his skill, went back ten seconds, and closed his GHG position.

He didn't take a long position.

The surge wasn't strong, likely Luo Chen's doing. If he wasn't occupied with JKS, Chen Wei might have played along, but not now.

Ten seconds prior, Luo Chen was just about to push GHG higher when a series of upward transactions occurred suddenly.

Luo Chen was taken aback and quickly asked Xu Lin for Chen Wei's updated position.

Xu Lin promptly sent another photo.

Luo Chen saw that Chen Wei had indeed closed his position!

Feeling defiant, Luo Chen targeted another stock, VIPS, in which Chen Wei held 800 short positions.

He drove it up fifty cents!

Chen Wei had just closed GHG's position. Less than a minute later, another stock was surging!

Chen Wei was furious!

Left and right, it was never-ending!

This time, he decided not to use his skill. He had already used it twice and had only one chance left, a thirty-second rewind, which he couldn't waste.

He decided to see how far Luo Chen could go!

JKS was still rising, likely to go up another dollar or two. With 2000 long contracts, Chen Wei's profit was nearing a million yuan!

With such a strong profit buffer and a thirty-second rewind skill in hand, what was there to fear?

Since Luo Chen wanted to play, Chen Wei decided to play along!

He cleared all other positions except for VIPS and JKS.

Zhou Yi was celebrating excitedly.

He was already up nearly 500,000 yuan!

He could almost afford a house in the east side after this month's paycheck!

Amidst his excitement, Zhou Yi noticed Chen Wei's grim expression.

He hurried over and asked, "What's wrong, boss? Why aren't you happy with such a profit? Oh my... what's this..."

Zhou Yi saw Chen Wei's 40,000 yuan loss in VIPS.

"It's Luo Chen!" Chen Wei said.

Zheng Junpeng, overhearing, came over too.

At that moment, VIPS had been pushed to 12.70 by Luo Chen, with 1000 shares each at 12.70, 12.60, and 12.50.

The stock was showing a small upward trend, with prices being traded upward.

"Damn it! Boss, wait a sec, let me check!" Zhou Yi said, pulling out his phone to message Xue Jiaqi, asking if she could see Luo Chen's position.

Xue Jiaqi's seat was just one person away from Xu Lin, who was at Wang Fang's desk. Xue Jiaqi pretended to get water, quickly glanced at Xu Lin's monitor, and reported to Zhou Yi: Luo Chen is pushing it. He still has 2000 long positions, bought at 12.20, with sell orders at 12.90 and 13.00, each for 1000 shares.

Zhou Yi showed the message to Chen Wei, who then knew what to do.

"You set 800 hidden short orders at 12.89, and I'll follow your lead," Chen Wei said.

"Huh?" Zhou Yi was puzzled, not understanding Chen Wei's strategy.

"He knows I have 800 short positions and is forcing me to cut my losses. I'll pretend to cut my losses! He'll think he can sell off his positions when he sees my stop-loss orders. But when he sees the hidden orders at 12.89 intercepting his 12.90 orders, he'll panic! Once he panics, he'll act rashly. Then, we'll strike and take down his orders, making him cry!" Chen Wei quickly explained.

Zhou Yi understood instantly!

He gave Chen Wei a thumbs up and set 800 hidden orders at 12.89.

Zheng Junpeng went back to his station, preparing to take action, and alerted the others.

Chen Wei transferred his 800 short positions to Zhou Yi, losing 56,000 yuan in the process.

Luo Chen was waiting for Chen Wei to cut his losses, then saw an 800-share transaction at 12.89!

It seemed like Chen Wei's stop-loss order, but it was intercepted at 12.89!

Luo Chen's 12.90 hidden order hadn't sold a single share!

He was stunned and tried to figure out who placed the 12.89 hidden order!

While analyzing, his 3000-share support was suddenly wiped out!

The stock price dropped a full yuan!

Luo Chen's 5000 long positions showed a loss of 270,000 yuan!

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