Vol 5 Chapter 23: 1 millisecond to play Mongolian Bank of Italy
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Rebirth of the Financial Overlord
- Flower skin
- 1282 characters
- 2021-01-30 04:32:59
Conventional financial derivative transactions include several steps. Enter the price and the number of transactions. After the confirmation is correct, use the mouse to open or close a position, and then click OK.
And these few transaction steps, no matter how fast the human hand is, it will take time, and there will be human errors.
So later, with the development and application of computers, a kind of foolish trading tool came out in the field of speculative trading.
One-click shooting.
It can execute different programs according to different buttons, and solve the problems of input price, transaction quantity and confirmation that people need in the shortest time. As long as you take a picture of the set button, you can easily get it.
This kind of thing is not particularly new in the future. Any professional trader probably has used this kind of high-tech stuff.
Technology can change the times!
Of course, for the traders of Kamandi and Geman, this kind of thing is simply subverting their imagination.
More than a dozen traders were stunned listening to Kevin Mitnick explaining the function of a keyboard. When they heard that they could also adjust the overpriced quantity and price according to the computer settings, each of them just barely fell to the ground.
What concept?
A financial target of a 1,000-lot transaction, if it is divided into 20 transactions, then according to the price and quantity, this requires at least hundreds of typing on the keyboard, and dozens of clicks to move the cursor and hundreds of times to switch the input position and confirm.
With one-button shooting, you only need to press a button, and all problems can be solved in one second.
Of course, it is not just a tool for laziness.
The market is a trading model for hedging and understanding. If you want to exceed the price, you must also prioritize the first-sequence transaction. However, in the market, there are people buying and selling at all times. If you want to smash the opposite position, it means More funds and faster speed.
One-click shooting is simply a tool tailored for this kind of overpriced.
If one thousand lots are divided into 20 different prices and quantities, and they are sold out in one second, this means that one thousand lots may be overpriced by 20 TICKs, and if they are divided into five hundred transactions, it means It is theoretically possible to overprice up to 500 TICKs.
But in normal operation, the size of funds that may be ten times the size of the funds may not be able to exceed the price of 500 TICK.
This kind of thing, if used in a small transaction, is simply a super weapon for massacring retail investors.
Why?
Those who do transactions, if they don’t know how to stop loss and take profit, they have been slaughtered by the market many times. Those who survived are more important than fate for stop loss and take profit.
It is conceivable that, in the shortest possible time, the price is suddenly hit to a certain boundary. Those short-term speculators who cannot respond will be instantly blown up. Their trading system will be affected by the drastic changes in prices. Close positions mechanically.
The few people present were not fools. If they were fools, they would not be transferred to make a deal. They looked at Mitnick in disbelief, with extremely complicated expressions on their faces.
"God. Is this true? Can you really do what you said?"
"This is too exaggerated, I really can't accept it."
"God. This is a demon tool."
"My God. If the whole world is like this, then we are not going to be unemployed."
"......"
Amidst the crowd's babbling, Shen Jiannan strode in.
"Good morning, Sir."
"Sir, good morning..."
"Good morning."
"......"
In a series of greetings, Shen Jiannan took a glance at the traders present.
"Kevin, I have already told you how to use the one-touch shooting."
"Oh. God, is this true?"
"It's hard to imagine."
"Of course. We have tested it before, and there may be some flaws, but I believe it will be improved soon."
Talking, Shen Jiannan walked to the central trading area.
"Now. Each is in place. Boris, you test it first, let's see the effect."
"Yes. Sir. But we have to set the number."
"Single six, first set a thousand."
"......"
German mark: Italian lire, 1:810.25; U.S. dollar to Italian lire, 1:1200.55.
At 8:30, the transaction department of the Bank of Italy.
As the spot market reached the start time, Carlo Azelio Ciampi's heart was about to mention his throat. In his life, he had never been as nervous as today.
Ling Ling Ling
The harsh warning bell suddenly rang, and Ciampi had to take a deep breath to suppress the feeling of trembling caused by tension. He knew very well that tension is a superfluous emotion, and it does not help everything, only absolute. Calmness can maintain the best state in this invisible war.
Fortunately, it seems that the discount rate increase has had an effect. The short-term impact of the opening market decline has shown signs of stabilization in the lira.
Now it depends on the opening of the spot market. Will there be more selling pressure? If the spot market can be sold next, the lira still has a chance to win this defense war.
Damn, what's the situation?
ITL810.25 sell 6
ITL810.30 sold 6
ITL810.25 buy 3
ITL810.35 sold 6
ITL810.40 sold 6
ITL810.40 buy 5
ITL810.45 sold 6
ITL810.45 sold 6
ITL810.50 sold 6
ITL810.55 sold 6
......
......
ITL812.45 sold 6
......
Suddenly, a series of red numbers appeared on DEM/ITL, just like desert locusts passing by from the sky. The eyes of people are so dense that they can’t count specific numbers at all. It’s just a blink of an eye. Originally, Germany Mark exchanged lira with red and green deals, and was completely submerged in the red ocean.
Sell, all are sold.
are all 6 lots sold.
fast, too fast. The 6 behind the transaction price seems to stand still.
If it weren't for the densely changing price, everyone would think that the transaction under the handicap was fixed.
Ciampi was completely stunned.
Looking at the series of uncountable numbers on the screen, he even forgot what he should do.
Qian Pi was dumbfounded, and the traders present were dumbfounded. They didn't even understand what was going on. DEM/ITL had become 813.75. If it weren't for the nearly ninety-degree pouring line like a waterfall on the trend chart, They can't even believe their eyes.
Damn it.
How is this going?
"What are you still doing!"
Qianpi is the governor of a central bank~EbookFREE.me~ The mental quality is much higher than that of ordinary people. In the blink of an eye, he finally realized something and couldn't help but roar.
All the traders woke up like a dream. Under the roar of the chief trader and trading supervisor who were also waking up from a dream, they frantically tapped the keyboard.
ITL813.75 buy 100
ITL813.55 buy 100
...
ITL812.45 buy 100
......
With the large order of 100 lots and 100 lots, the price of lira was quickly pushed up to 811.35. I don't know if it is because the buying of nearly 10,000 lots made the shorts feel the strong will of the longs. When the price returns to 811.15 Later, even if the Bank of Italy stopped continuing to buy, the market did not fluctuate too much.
811.15Buy 1
811.15Sell 1
811.15Buy 1
811.15Sell 1
......
The red and green staggered transactions and almost unchanged prices are like an illusion in the previous scene.
If it wasn't for the super yang line and the super yin line in the 1-minute candlestick, if it weren't for a V deep into the abyss between the trend charts, it would tell everything silently.