Bab 85: Chapter 085 Opening an Account
That day, they played until late at night.
After bidding farewell to everyone, Chen Wei, as usual, took a taxi to send Lian Yingying home before returning to his own home.
After returning home, Chen Wei didn't feel particularly sleepy. He lay in bed, recalling bits and pieces with Xu Lili, thinking about Lian Yingying, Tan Rui, Luo Chen, Liu Jia, and many others...
It wasn't until the early hours of the morning that he fell asleep in a daze.
He slept until after nine o'clock.
Upon waking up, Chen Wei lay quietly for a while, pondering his thoughts, before finally getting up and leaving.
He needed to open a domestic account.
Not far from where he lived, there was a branch of a securities company, Jianxin Securities, which was quite a large securities company.
Upon arrival, Chen Wei saw that the lobby was empty, with hardly anyone around.
Nowadays, most people open accounts and trade online. Investors who come to the lobby like before are very few.
A young woman in a suit with a name tag hanging from her chest greeted Chen Wei as soon as she entered.
"Hello sir, are you here to open an account? Or?"
The woman smiled and asked.
Chen Wei glanced at her name tag, which read Du Shan, and replied, "I'd like to open an account."
Suppressing her inner joy, Du Shan quickly said, "Please come this way!"
It's not easy to attract clients nowadays. These sales representatives usually stationed themselves at various bank branches and actively approached people. Even then, they couldn't attract many clients in a month. Even if someone opened an account, they might not necessarily start trading. Many of them were inactive accounts.
Finding someone who came to open an account on their own initiative was quite rare!
Such a person, regardless of how much they intended to invest, at least genuinely wanted to do so.
Du Shan was very happy. She didn't expect to encounter someone who came to open an account just by asking casually. Immediately, she led Chen Wei to a small office, asked him to sit down, poured him a glass of water, and then asked, "Sir, are you interested in trading stocks or futures?"
"Mainly interested in futures, but let's open a stock account as well."
Chen Wei replied with a smile as he accepted the water.
Du Shan was even happier.
Futures traders were usually more professional!
Moreover, the trading volume of futures was much larger.
Many investors who bought stocks were basically trapped after buying and rarely traded for several years...
For several years, they didn't trade...
Naturally, there were no transaction fees.
That was not the case for futures!
You could make several trades in a day!
Du Shan handed over several forms for Chen Wei to fill out, and then asked for his ID card and bank card to make copies.
The forms were mainly related to account opening applications and related agreements. Chen Wei glanced through them and filled them out truthfully. While filling them out, he asked, "How much are your fees here?"
"Futures fees are uniform. I'll give you a form later, you can take a look yourself. As for stock transaction fees, generally speaking, it's 0.02%. However, if your funds reach five hundred thousand, we can offer you a discount to 0.01%."
Du Shan replied.
Chen Wei nodded.
This was roughly what he had heard.
Anyway, he wouldn't be trading too much in stocks for the time being, mainly focusing on futures. The stock transaction fees didn't matter much to him.
After the account was opened, upon learning that Chen Wei wanted to trade stock indices, crude oil, and other varieties, Du Shan had him take a test online.
It was a test on stock and futures-related knowledge, which for Chen Wei, a professional trader, was very simple.
After passing the test, he went to the nearby bank to verify his funds. The capital requirement for stock indices was five hundred thousand. Chen Wei directly transferred one million, which was quickly verified by the bank.
After completing these tasks, it was already noon.
Chen Wei left Du Shan a contact number, had a simple bowl of noodles, and then went home.
By the time he got home, it was already past one o'clock.
The domestic futures market opened at one thirty in the afternoon, and it was almost time.
Chen Wei quickly turned on his computer, downloaded a trading software, and eagerly logged in.
He caught the market opening.
Just from the interface of the software, it was indeed quite different from the trading interface of US stocks. He also tried placing an order. Although it wasn't as convenient and fast as the US stock software, it was still manageable. Chen Wei estimated that with familiarity, placing an order would take about three to five seconds.
After getting a little familiar with the software, Chen Wei roughly looked at several futures varieties.
Huazheng stock index, gold, and copper.
The varieties in the domestic futures market added up to quite a few. There were dozens of them in total. Stock indices, gold, and copper were relatively large in terms of trading volume, and their fluctuations were relatively active.
Chen Wei first looked at the minute chart of gold.
The trading volume was quite active, but the fluctuations were not very large. After looking at it for a while, the lowest price of gold was 344.15, and the highest was 344.45.
The fluctuation range in a few minutes was about three to four cents.
Moreover, looking at the previous trend, there were hardly any abnormal fluctuations. The largest minute chart of the day was just after the market opened, with the lowest at 343.7 and the highest at 344.15.
Chen Wei roughly calculated that one contract of gold was one kilogram, with a margin of 6%, and a fee of ten yuan.
The capital required for one contract was roughly twenty thousand yuan, and with one million, he could enter about forty to fifty contracts.
Calculating based on a profit range of one cent, one contract earned a hundred yuan, and with a full position, he could earn four to five thousand yuan.
The largest minute profit range of the day was only four and a half cents, which was only twenty thousand yuan.
Chen Wei sighed. This profit margin was really not worth using his skill.
It was worth noting that in the US stock market, a single opportunity to use his skill could earn him at least eighteen thousand dollars, and sometimes even fifty to sixty thousand dollars.
Chen Wei then looked at the Huazheng stock index.
The largest minute chart of the day had a low of 2974.31 and a high of 2977.23, with a profit range of about three to four points.
One point of the stock index was three hundred yuan, with a ten percent margin. With one million, he could enter about ten contracts. One contract could earn about a thousand yuan, and with a full position, he could earn ten to twenty thousand yuan.
It was not much different from gold.
Finally, he looked at copper.
Copper was five tons per contract, with a seven percent margin. Based on the current price, it was about sixteen to seventeen thousand yuan per contract. With a full position, he could enter about sixty contracts.
But the fluctuation of copper wasn't significant either. The largest intraday chart of the day was only a range of sixty yuan. With a profit of three hundred per lot, sixty lots wouldn't even yield two hundred thousand.
It's similar to stocks and gold.
After roughly understanding the situation of futures, Chen Wei sighed lightly. His skill level was only three, with a thirty-second time frame for retrospective analysis. Even if he didn't use his skills for stocks, using thirty seconds solely for futures wouldn't be meaningful. Perhaps activating his skills would only earn him around eighteen thousand, or maybe even less.
It's better to use skills for stocks to earn more money as soon as possible and to upgrade the skill level. When the retrospective time frame extends to one or two minutes, then trading futures will be more worthwhile.
Status Power Mingguan
-- Peringkat
Power 
-- Power
stone