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3.35% "Super Stock Trader" / Chapter 5: Chapter 005 A Turnaround Profit

Kapitel 5: Chapter 005 A Turnaround Profit

Similarly trading the same stock, Zhou Yi lost three hundred dollars, while Chen Wei made five hundred!

This was hard for Zhou Yi, who had always looked down on Chen Wei, to accept.

Chen Wei was also angry at Zhao Yang's unfounded accusation and replied coldly, "He does his thing, I do mine. What's the problem? Just because Zhou Yi is trading a stock, I can't trade it? I don't remember the company having that rule!"

"You!"

Zhao Yang was visibly irritated.

"Fine! Fine! You just got lucky and made five hundred bucks. Don't get too cocky about it! You still need another fifteen hundred to break even! Let's see if you'll be this lucky next time!"

With that bitter remark, Zhao Yang left. Passing by Zhou Yi, he patted his shoulder and said, "It's okay, this time was just bad luck. Don't be impatient, it's just three hundred bucks, right? With your skills, you'll make it back soon."

"I got it, Zhao."

Zhou Yi replied with a gloomy expression.

After Zhao Yang left, Zhou Yi glanced at Chen Wei and said, "Hope you'll have the same luck next time!"

"Thanks."

Chen Wei replied casually.

This annoyed Zhou Yi even more.

Chen Wei smirked inwardly; this wasn't just luck!

Even without considering that he had identified the 2.99 order as a fake set up to trap people, he still had his skills!

He could easily activate his skills and enter long positions!

So he had nothing to worry about!

At this moment, Chen Wei also realized that the skill he obtained, although currently only allowing him a ten-second backtracking time, brought him far more benefits than just those ten seconds!

Ultimately, this skill gave him a chance to make mistakes!

Many traders often hesitate when facing opportunities, missing out on many chances.

But with this skill, Chen Wei wasn't afraid!

As long as it was an opportunity, as long as the skill remained, he would enter the market without hesitation!

After cutting a few more stocks, one stock caught Chen Wei's attention.

IRS.

This stock had a significant price difference, with a buy price of 15.21 on the left and a sell price of 15.75 on the right!

Moreover, the transaction record showed continuous transactions of the 15.75 NYSE channel sell orders!

Ten to twenty hands were being transacted in quick succession!

Electronic trading!

Chen Wei recognized it at a glance!

This was electronic program trading often encountered in the U.S. stock market!

Without hesitation, Chen Wei immediately placed hidden buy orders at 15.25, 15.30, and 15.35!

At 15.25, he placed two orders of ten hands each, at 15.30, he placed two orders of ten hands each, and at 15.35, he placed one order of ten hands.

A total of five orders for fifty hands!

Chen Wei could tell from the charts that this stock had dropped just a few minutes ago, hitting as low as 15.15!

The volume of that drop was considerable, with over a hundred thousand shares!

Chen Wei sighed inwardly. If his permissions hadn't been reduced by Zhao Yang, limiting him to only ten hands per trade, he would have unhesitatingly placed a few hundred hands!

Fifty hands would have to do for now. Once he was promoted this month, he would immediately apply to the boss to increase his permissions. Additionally, he would see if he could switch to another trading group.

For Zhao Yang, he simply couldn't tolerate it anymore.

Probably the same for Zhao Yang.

As Chen Wei's orders were hidden, they didn't appear on the market, and thus, the buy price remained at 15.21, while the continuous transactions of the seller at 15.75 continued!

Just after Chen Wei placed his orders, a transaction occurred, directly dropping the price to 15.18!

All fifty of Chen Wei's orders were filled!

Without hesitation, Chen Wei immediately placed exit orders on the right, the NYSE channel!

In the U.S. stocks market, there were many channels such as NYSE, NSDQ, EDGX, AMEX, EDGA, BYX, and so on.

In addition to time priority and price priority, there was also channel priority in the U.S. stock trading principles!

This electronic program clearly prioritized transactions on the NYSE channel.

Just after Chen Wei placed his orders, the electronic program quickly filled them!

Twenty hands at 15.25, twenty hands at 15.30, and ten hands at 15.35, a total of seventy hands, all sold at 15.75!

A profit of two thousand three hundred dollars!

Adding to his previous five hundred, his profit for the day reached two thousand eight hundred dollars!

Break-even!

Chen Wei suddenly felt ambitious!

His skill hadn't even been used yet, and he'd already made two thousand eight hundred dollars!

He couldn't even bother to be excited; he immediately placed another string of hidden orders on the left!

This time, the prices were higher because the buy price on the left had reached 15.30, and there were even sporadic buy orders pushing the price up!

This was normal. As long as this electronic program continued, no matter where the buys came in on the left, they could be sold at 15.75!

The more bought, the more earned!

Unfortunately, he currently only had permission for ten hands, and the company rule was that only a maximum of five orders in the same direction could be placed on a single stock!

Fifty hands would have to do. Once he turned a profit this month, he would directly apply to the boss to increase his permissions. Additionally, he would see if he could apply to switch to another trading group.

Zhao Yang hurried over again.

Zhao Yang wasn't here for Chen Wei but for Zhou Yi.

As soon as he arrived, he switched to a stock on Zhou Yi's software and said to Zhou Yi, "Place a few orders on the left, and when they're filled, sell them here!"

Zhao Yang deliberately stood between Chen Wei and Zhou Yi, blocking Chen Wei's view of Zhou Yi's computer screen. He didn't mention the stock name or even the price, just pointed at the screen with his hand.

It was clear he didn't want Chen Wei to know which stock it was!

Chen Wei inwardly sneered; he also had good stocks here, why would he need to see Zhao Yang's?

Under Zhao Yang's guidance, Zhou Yi placed his orders. Zhao Yang then said, "As soon as you get in, sell quickly. This in-and-out trade will not only get you back on track but also make a big profit!"

"Thanks, Zhao. If this trade makes money, I'll treat you to dinner!" It seemed that Zhao Yang had found a good opportunity for Zhou Yi, giving him hope and improving his mood. Zhou Yi said, trying to please Zhao Yang.

Zhou Yi was quite sophisticated.

Chen Wei smirked on the side.

Zhao Yang was quite satisfied with Zhou Yi's attitude, patted Zhou Yi's shoulder, and said nothing.

As he left, he glanced at Chen Wei's computer screen.

With just one glance, Zhao Yang stumbled!


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