Chapter 105: Chapter 105: Luo Chen's Doubts
Comparatively, copper's fluctuations are relatively stable, making it suitable for scalping. However, copper has limited trading volume, so scalping a hundred lots is almost the maximum, which also limits profits. On the other hand, the trading volume of stock indices is much larger than that of copper. But because of the high volume, the fluctuations are also more volatile, making it only suitable for small wave trading rather than scalping.
Chen Wei silently compared the differences between copper and stock indices in his mind before going to bed.
When he arrived at the office in the evening, Zhou Yi approached him with a peculiar expression and asked, "Boss, I heard you had a clash with Yuan Tong last night? Made him lose over sixty thousand?"
Pan Zhiyao, Wang Zhaoguo, and a few others also gathered around, looking at Chen Wei with admiration mixed with schadenfreude.
"Who told you that?" Chen Wei asked with a smile.
"It's all over the company! Last night, Yuan Tong and Xu Lin almost got into a fight! It's said that Xu Lin saw your positions from risk control and secretly told Yuan Tong. Yuan Tong tried to take you down but ended up screwing himself over! Then Yuan Tong blamed Xu Lin for setting him up. It was quite a scene. Too bad we didn't see it ourselves! Boss, did it really happen? How did you do it?" Zhou Yi asked excitedly.
Zheng Junpeng, from across the room, was also curious and asked, "Yeah, Old Chen, what did you trade last night? Such a big deal, and you didn't tell us?"
Chen Wei smiled and said, "Yesterday, I just did a few SSR trades. ADVM rebounded, so I entered a long position with five hundred lots. After exiting at the top, I shorted a few lots. Honestly, I had no idea Yuan Tong was involved. How did he manage to lose so much?"
Chen Wei pretended to be clueless. In other situations, he could attribute it to trading intuition, but yesterday, Yuan Tong's sudden move was unpredictable, consuming the 7.91 order all at once. Such a scenario would have trapped anyone. There was no way Chen Wei could explain to Zheng Junpeng and the others how he avoided that disaster, so he had to feign ignorance.
Zhou Yi and the others quickly checked ADVM. The ADVM chart, similar to other SSR rebounds, showed a rise followed by a pullback. They couldn't figure out the exact situation at the time and didn't know how Yuan Tong traded, so they didn't doubt Chen Wei.
"Looking at this chart, Yuan Tong lost over sixty thousand. He must have either shorted at the bottom and covered at the top or went long at the top and stopped at the bottom. Since he knew Old Chen's positions and wanted to trap him, he should have gone long at the bottom, cleared the sell orders on the right, and forced Old Chen to cover at the top, then exit smoothly. But he didn't expect Old Chen to reverse with long positions. Doing so, at most, he wouldn't profit but shouldn't lose money, right?" Zheng Junpeng pondered, frowning, unable to understand how Yuan Tong lost so much money.
"By the way, when ADVM surged, there was a thousand-lot order at 8.50. I suspect it was Yuan Tong," Chen Wei added.
"Ah, that explains it! Yuan Tong must have placed a large order at the top, trying to force you to stop out. Judging by the looks, his order got taken out in one go, right?" Zheng Junpeng speculated with a smile.
"Yes, that thousand-lot order was indeed taken out in one go," Chen Wei confirmed without revealing it was his doing.
"Serves him right! What an idiot! Placing a thousand-lot order at such a high level, wasn't he asking for trouble?" Zhou Yi said gleefully.
Zheng Junpeng chuckled, "He wanted to force Old Chen to stop out, but didn't expect someone to be so ruthless and take out his order. It's karma! He tried to set a trap but ended up trapping himself. Ha!"
"But Wang Fang is really detestable! She betrayed you again, Boss!" Zhou Yi complained bitterly.
Chen Wei shook his head and said, "You can't blame Wang Fang for this. It was Xu Lin who sneaked a look. Wang Fang couldn't exactly cover up her screen, could she? Besides, Wang Fang did warn me, telling me to be careful. That's why, when I sensed something was off, I quickly closed my positions and went long."
Chen Wei's words defended Wang Fang and provided a partial explanation for himself.
"Alright, that makes sense," Zhou Yi nodded.
"But this incident serves as a reminder. We really need to be careful when entering the market from now on. Who knows if Xu Lin and Yuan Tong will target us again? And there's also Luo Chen," Zheng Junpeng said thoughtfully.
"Who cares about them? Let them come if they dare. We'll see who outdoes whom! I bet he thinks losing sixty thousand wasn't enough!" Zhou Yi said disdainfully.
"Exactly, why be afraid of them? With Old Chen leading us, we'll crush them!" Pan Zhiyao and a few others chimed in excitedly, not taking Yuan Tong and his group seriously at all.
Zheng Junpeng shook his head with a bitter smile but said nothing.
"Alright, alright, enough talk about clashes. We're all colleagues here. Let's just focus on trading properly," Chen Wei said.
Zhou Yi sneered, "Boss, you're so fake. I despise you! If Yuan Tong and Luo Chen really come after us, there's no way you'd go easy on them!"
Zhou Yi knew how ruthless Chen Wei could be. Despite his harmless appearance, he was more cunning than anyone else.
Chen Wei glared at him, too lazy to argue.
Zhou Yi was right. He was just saying it for show. If Yuan Tong or Luo Chen really came after him, he wouldn't hesitate to fight back.
On the twenty-seventh floor, in Luo Chen's office.
Xu Lin sat on the sofa, looking unhappy. Luo Chen, sitting at his desk, looked at Xu Lin and said with a smile, "Forget it. Don't be mad at Yuan Tong. He lost a lot of money and is in a bad mood, just venting a bit."
"Venting? He lost money and took it out on me? He clearly doesn't trust me! He even said I set him up! Why would I bother setting him up? Useless fool, I gave him Chen Wei's positions, and he still couldn't manage it, ending up losing over sixty thousand! Useless! Absolutely useless!" Xu Lin said angrily.
Luo Chen sighed helplessly, unsure of how to console her.
However, he also had some doubts in his mind.
Xu Lin had told him everything about yesterday, but Luo Chen couldn't understand how Chen Wei knew that Yuan Tong was trying to set him up!
If all of this was just a coincidence, it was too much of a coincidence.
Luo Chen instinctively felt that maybe this wasn't just a coincidence!
But if it wasn't, then there was really no way to explain all of this!
Weekly Power Status
-- Power
Ranking 
-- Power
stone