Chapter 43 Thank you, Manager, for taking us soaring!
"How long is this guy planning to hold onto those short positions?"
There are strict firewalls between the trading departments.
Who made how much, what they bought, and how much they held in their positions are all top secrets.
But the Risk Management Department has a God's-eye view.
They were fully aware of the operations of every trader in the company—it was their job to monitor them.
Therefore, Trading Department Seven knows exactly what trump cards they hold.
"My God, it's been over a week and they still haven't closed their positions! They're really holding on! If it were me, my eyes would be bloodshot after just doubling my money, and I would have already liquidated my positions and run away!"
A young risk control specialist clicked his tongue in amazement, his tone full of envy and jealousy.
"That's why they can sit in that position and be big shots, while you can only sit here and drool over the screen."
My colleague next to me complained:
"That Manager Su... I think he's really something else. When everyone was bullish, he went against the trend and shorted the market. That kind of courage is truly admirable!"
That's right, the Risk Management Department is currently focusing on Trading Department Seven.
From the moment Su Hao made his groundbreaking contrarian short-selling move, to the market's sharp decline that left countless people with nothing, he remained steadfast, refusing to close his positions no matter what...
To be honest, these bystanders in the Risk Management Department are even more nervous than the people involved in Trading Department Seven. Their hearts are pounding every day.
"Oh my god, this is so thrilling...it's even more exciting than watching a horror movie."
"However, it probably won't be sold anytime soon, right? Look at the way things are going..."
"Yeah, look at the stock market now, it's like a deflated balloon, there's no sign of a rebound at all. I guess he'll hold on a little longer, trying to squeeze out the last drop of profit."
The original task was to supervise traders to prevent them from overdoing it, but the guys in the Risk Management Department practically had their eyes glued to Trading Department Seven's trading window.
They were all focused intently, even more so than when they were looking at their own children's final exam results.
"So you're not going to do any work anymore, huh?"
Unable to contain himself any longer, Manager Zhang Wei let out a low growl, which shook the keyboard so much that three layers of dust fell off.
"Didn't you see that the traders in other departments were all blinded by greed and making reckless moves?"
If we don't cut our losses soon, we'll lose everything! We need to keep an eye on them and make sure they don't mess things up!
The Seventh Department is like they're in a trance, unable to move for a while, so everyone can just go about their business as usual!
" Close all the windows in the Seventh Department!"
"oh..."
The subordinates responded listlessly, feeling extremely unwilling, and were just about to close this only window of "office drama" with tears in their eyes...
Sudden!
"Huh? Huh??" A sharp-eyed young man made a strange sound.
"What is it now? Why are you so easily startled?" Zhang Wei asked irritably.
"Supervisor! It moved! It moved!!"
What moved?
" Seventh Department! Seventh Department is shipping! They're dumping everything out!!"
"!?"
Zhang Wei took a leap, his obese body bursting with astonishing agility beyond his size, almost leaping back to his seat.
The long-awaited show has finally begun, and we can't miss a single second!
We absolutely have to be in the front row to see this!
***
Crackle!
Click—! Click—!
The long-silent Trading Department Seven office was suddenly filled with the dense sounds of keyboard typing and mouse clicking, as if a sleeping war machine had been awakened in an instant.
Manager Su Hao suddenly issued an order: Clear out all stock!
This put everyone on edge, immediately immersing them in the intense operation.
Of course, they are not novices and will not recklessly dump all their short positions into the market like naive youngsters.
If you actually do that, the price will plummet instantly. What would that be if you were a fool?
They skillfully broke down their massive positions into countless smaller orders, selling them to the market in batches, rhythmically, and cautiously.
Ensure that profits are secured to the maximum extent possible without causing panic.
"But... is the manager's action really alright?"
A young trader was rapidly operating his trading desk while whispering to the person next to him.
"Yeah, judging from the market, if it holds up for another day, the price could fall quite a bit more... Isn't it a bit too early to close out positions now?"
The colleague next to him echoed, his face full of confusion and a hint of regret.
There was no other way; the manager's order today was unusually firm: clear out the entire stock!
It's not about selling half to see how things go, or keeping a small position for a rebound; it's literally about leaving nothing behind!
The market is clearly still falling, and the price of short positions is clearly still rising. Isn't it a bit of a waste to close them now?
The idea that "I know more than the manager" had just begun to surface...
"hiss--"
Liang Haiyuan's cold gaze swept over them.
What did I say before?
Liang Haiyuan spoke slowly, his voice not loud, but full of intimidation:
"Who are you to question the manager's decisions? Follow orders!"
"But...but look at this chart, it's clearly still falling, it doesn't look like it's about to reverse at all!"
The young trader couldn't help but argue, after all, it was painful to watch a "potential" profit slip away.
"So? Can you achieve the same rate of return as the manager? Hmm?"
Liang Haiyuan raised an eyebrow and asked in return:
"When the whole world is bullish, he's the only one who dares to go against the market trend and short sell! Can you do that?"
"Uh, I can't..." The young trader instantly deflated.
Let alone one heart, even if you gave him eight titanium alloy gallbladders, he still couldn't handle such a thrilling heart-pounding game.
Therefore, in the eyes of these ordinary people, Manager Su Hao is not an ordinary person at all.
Those are gods!
He's a monster!
It's a walking RMB printing machine!
If it were a normal person, let alone holding on for so long, they would probably have been crushed by the immense psychological pressure and would have panicked and sold off their shares on the eve of the stock market crash.
How could they wait until now and still be so calm as to issue a clearance order?
"To be honest, I don't always understand the manager's judgments."
Liang Haiyuan paused for a moment, then frankly stated:
"But their perspective is on a completely different level from ours. We can only see one meter in front of us, while they may be looking beyond the atmosphere."
Legend has it that true investment gurus have sharp eyes and can see through the fog of candlestick charts to predict future trends.
However, after working in this industry for a long time, everyone has an unspoken "rule":
No matter how much those big shots rave about "vision," "perspective," and "value investing."
Often, in the end, it mostly comes down to whether God is on your side or not—to put it bluntly, it's all about luck.
"But our manager, does his operation seem like it's all based on luck?" someone muttered quietly.
This is the part that sends chills down your spine.
Manager Su Hao's decisions don't seem like gamblers making rash bets; they're more like...
Precise strikes based on some mysterious algorithm or future perspective, which are incomprehensible and unfathomable to ordinary people.
It felt like he had a cheat code, able to see the standard answer in advance.
"Phew... but at least I can finally breathe a sigh of relief. I was holding onto this empty order for so long, my heart was on a rollercoaster every day, I was almost going to have a heart attack."
One of them breathed a sigh of relief.
"Yeah! I've never seen anyone earn so much money in my life! And it's only been a week! Just one week!!"
The other person looked at the astronomical profit in their account and blushed with excitement.
It's important to understand that in the highly competitive and competitive trading industry, an average monthly return of 5% is considered that of an excellent trader.
If you can consistently achieve a 1% return per day, you'll be hailed as a "top" trader, walking with an air of superiority.
But look at the numbers on the screen now... from the initial 50 million in startup capital, it has snowballed into...
"...It can only be described as a 'miracle'."
They couldn't think of a more suitable adjective than this word.
"Compile all the data, and I'll personally report to the manager!"
Liang Haiyuan waved his hand triumphantly.
"yes!"
Liang Haiyuan took the battle report, which everyone had painstakingly prepared with trembling hands, and walked briskly towards the manager's office, humming a little tune.
When did reporting on work become so pleasant and exhilarating, making you feel like you're walking on air?
This is the first time in my life!
Su Hao glanced at Liang Haiyuan, who was handing over the data report. The guy was grinning from ear to ear, and the wrinkles on his face were so deep they could trap flies.
Su Hao wondered to himself: Was he always this cheerful before? He always seemed to have a sour face.
"It's a bit of a shame about the short selling," Liang Haiyuan began his report, his tone tinged with a Versailles-like regret:
"As you know, short selling returns basically follow the market trend, with little to no excess returns. But!!"
Liang Haiyuan then changed the subject, his tone becoming impassioned:
"Our shorted futures and those put options we bought have exploded! It's like a nuclear bomb!"
The put options they bought saw their prices skyrocket to an astonishing 20 times their initial value at their peak!
Then, at that pinpoint, they swiftly and precisely cleared out the entire stock, leaving nothing behind.
It's no exaggeration to say that the majority of the profits from this windfall came from these options.
After recovering, tallying, and consolidating all the profits from futures, securities lending, and options, the final result is—
"A whopping 250 million! Manager!"
Liang Haiyuan's voice was trembling with disbelief, as if he were reciting a mythical number.
"In all my years of trading, I've only ever encountered this once: making 30% in a month. At the time, I felt like my ancestors were emitting auspicious smoke and bringing glory to my family."
Liang Haiyuan took a deep breath, trying to calm his excited emotions:
"But this... this 500% return... Holy crap! I've never seen anything so outrageous in my life!"
Su Hao himself was also having doubts.
When the company's director finally approved the 50 million yuan in principal, his initial goal was actually quite modest:
Just don't lose money. Getting by without making a profit or loss is a victory. If you're lucky enough to double your money...
He felt he could burn incense and open champagne to celebrate.
Now this...
It increased fivefold?
It went from 50 million to 250 million?
It feels like going out to buy a lottery ticket, thinking that winning five dollars would be great.
When he went to claim the prize, he discovered he had won fifty million...
This is so fucking unreal.
"Okay, thank you for your hard work." Su Hao composed himself and nodded to Liang Haiyuan.
"Oh, please don't say that! I'm just a messenger, simply following your instructions to type on the keyboard."
Liang Haiyuan was flattered and bowed even lower:
"You're the one who truly orchestrated everything and put in the hard work! I should be thanking you! Thank you, Manager, for leading us to new heights! Um, if you need anything, just let me know!"
Liang Haiyuan bowed and scraped, his face beaming with the happy glow of "following the big boss means you'll get what you deserve," and left satisfied.
Su Hao was the only one left in the office.
He stared blankly at the frighteningly long string of zeros on the computer screen.
Trading with a principal of 50 million is surreal enough, but now that money has snowballed to 250 million...
"That said, according to company rules, managers seem to receive 30% of the profits as a bonus..."
Moreover, if the company's performance ranks first in the entire company, there seems to be an extra super-sized bonus...
'Holy crap, that...that must cost a fortune!'
He thought about it for a moment, and felt his brain go blank.
He still hasn't fully processed the fact that a million yuan suddenly appeared in his salary account last month; he feels like there's something wrong with the bank's system.
Now, a fortune far exceeding this amount, enough for him to simply lie down and enjoy life to the fullest, is beckoning him enthusiastically...
Who can withstand this?
'But... just now... shouldn't we have waited a little longer? Should we have held on a little longer?'
Alas, indeed, human greed knows no bounds.
Having just made a fortune, he started to think about:
If I had held on just a little longer, could I have gotten even more? After all…
Looking at the technical indicators and market sentiment alone, now doesn't seem like the best time to sell...
Although he also used all his spare time to frantically study various financial knowledge and strive to improve his professional skills.
But even with his current rudimentary level of expertise, he could vaguely sense that:
The market seems to have room to fall further, and his put options seem likely to rise even more...
He quickly shook his head violently, forcibly suppressing the thought that "if only I had waited a little longer," and turned off the monitor with a "snap."
The die is cast, the meal is cooked, and the money is in the pocket.
One should not be too greedy!
Know when to stop! Contentment brings happiness!
Stop overthinking it! We've already made a fortune!