But his strategy is more direct and brutal than Chen Ping'an's!
As soon as the market opened, 10 short orders were directly smashed.
He just threw money at it and never thought of compromising.
Today, as long as his opponent doesn’t have as much money as he does, he will keep pushing the price down!
Just a 10% margin!
CSI 500 fell!
However, almost instantly, the point was pushed up.
5 short positions began to lose money.
Edwards' face was expressionless.
Continue to release 5 short orders.
He has enough funds and is not worried about the margin being insufficient.
What's more, the profit from yesterday's locked short position is enough to cover all the expenses.
As he expected, as soon as these 5 shares were released, they were almost instantly overwhelmed by dozens of large orders of tens of thousands of shares.
Edwards continued to release the third batch of 5 short orders, followed by the fourth, fifth and sixth batches.
He typed repeatedly for more than three minutes.
110 million short orders!
Not counting yesterday's, he sold 110 million short orders within 5 minutes of the opening.
The margin alone exceeds 10 billion.
His face looked normal, and even his left hand holding the coffee didn't tremble.
Continue to push down the short positions!
Holdings are increasing rapidly, and have reached historical highs.
However, the battle between bulls and bears has not stopped, or in other words, no one on either side is willing or dares to stop.
Stopping means losing!
Even Chen Pingan himself had never been so crazy.
He has also had times when he placed consecutive large orders, but he believes that it is unnecessary to engage in reckless and crazy market dumping like Edwards.
He would only do this when there is a possibility of a structural reversal.
The purpose is to make the trend go according to your own ideas, such as reversal, or continue to develop in line with the trend.
But Edwards didn't think so.
He believed that this wave of madness would definitely scare his opponents to death.
As long as the other party stops, he will lose. He doesn't even need to continue to dump the market, the CSI 500 will plummet!
It may even hit the lower limit!
He doesn't believe that with 3000 billion yuan, he can't hit the lower limit on the market with a trillion-dollar market!
What's more, the short position above can be closed accordingly.
The CSI 500 is basically stagnant around 14330 points.
Edwards watched as all 110 million of his short positions were eaten up, and he couldn't stop.
Putting the cup aside, he stared at the screen and began typing quickly.
In the transaction details on the right, there is almost no other funds following.
Occasionally, one or two orders can be seen, and the entire market is silent.
Everyone's face flushed and they stared at the deal with rapid breathing.
Red and green lists scrolled down like a waterfall.
The bulls and bears are fighting each other!
The deposit Edwards needs now exceeds 300 billion.
But he still didn't stop.
If we can’t defeat this wave, the next ones will be even more difficult!
Beijing.
In more than a dozen trading rooms scattered across the city, curses and shouts were heard one after another.
Mixed in with this were calls from people dismantling funds, frantically shouting, "We'll take as much as you can!"
"Fuck! Fuck! Fuck!"
"Fuck me!"
"Who's on the other side? This guy is completely crazy!"
"Who did it? Is there still no news?"
"Boss, I'm running out of funds! Come on, support me!"
"Oh!"
Someone grabbed the keyboard and smashed it on the ground.
"I'm CNMLGBD!"
"I exploded! Draft it?"
The exchange doesn't care who you are. When you go long, you only need margin. But when your funds are getting less and less and are not enough to maintain your position, or in other words, when the money you have left is not enough to pay the liquidation fee...
Sorry, the system will force you to close your position.
This is what is called a margin call!
Amidst the constant curses in the capital, the meaning of the above statement was never conveyed.
I don’t know what the people above are thinking.
There was only a notice this morning to maintain the stability of the financial market.
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