Chapter 30: Made money!
Chapter 30: Made money!
Dong Xuebing was in a daze because of the warrant prices for about 1 second.
BACK BACK BACK!
……
The scenes changed.
“Time to start work.” Changjuan was keeping her cosmetics.
“It’s 1 pm. I will go and photocopy some documents.” Tan Limei walked towards the copier machine.
Time had returned to the past. Trading had just resume trading.
Dong Xuebing took in a deep breath. He had not the time to waste. He quickly looks at Changhong CWB1 warrant prices. It was still at 0.002 RMB. More trade orders were selling the warrants compared to the orders buying. A few million warrants were waiting to be sold. There was no indication that the prices will increase.
There’s still enough time……
There’s still enough time……
Dong Xuebing quickly click on the trading software. If it were a few months back, he would surely not remember his account’s passwords. He had not to trade shares for a few years. But the past few days, he had been helping Zhou Changchun to choose shares, and he recalled his account’s password. Click, click, click, click. He logged in to his trading account. He looked at his available balance in his account. It was 2.35 RMB.
When Dong Xuebing set up this trading account with his mother in the past, he had used his current ICBC bank account. All of Dong Xuebing’s savings and salary were in this bank account. It still has about 2,000 RMB. Click, click, click. He clicked on the fund transfer. 2 seconds later, 2,000 RMB was transferred from his bank account to his trading account.
He could buy the warrants now.
Dong Xuebing did not hesitate a moment. He used his fastest speed to enter the number of warrants he could buy with his 2,000 RMB. Then, he pressed the confirmed button with his trembling fingers. He looked at the main screen again. A trade at the price of 0.002 RMB was completed. From the numbers, it was his trade. Although it was only 2,000 RMB, the price of Changhong warrants was too low. The number of warrants that was bought with 2,000 RMB was astronomical!
Transaction completed.
Dong Xuebing was right on time.
He sighed in relief. He felt that his heart had never beat so fast in his entire life.
Come on. Rise!
It was as if the market had heard Dong Xuebing’s prayers. Changhong CWB1’s screen refreshed. There was a super big call order worth 5 million RMB. It had bought all the orders that were selling for 0.003 RMB. A while later, millions of warrants were sold. The prices had changed from 0.002 to 0.004 RMB. It was still increasing.
Dong Xuebing clenches his first and stared at the monitor. He was breathing heavily.
0.004……
0007……
0.011……
The prices of Changhong CWB1 warrants was like a rocket.
Dong Xuebing was very excited. But he came back to his senses. He knows that it not the time to celebrate yet. He quickly opens the trading window and entered a put order. He was not sure Changhong CWB1 prices will rise until how much. But he knew that it will increase to 0.02 RMB in a while. He wanted to be safe and entered 0.02 RMB as the put price. He does not want to be greedy.
0.015……
0.017……
0.020……
Dong Xuebing slapped his thighs. “It’s sold.”
0.021……
0.022……
Changhong CWB1 prices paused at 0.022 RMB for a while. Then a lot of put orders came flying in. The volume of warrants traded was huge. The plunged was much faster than the time it rises.
0.019……
0.017……
0.013……
0.009……
0.007……
0.005……
The prices had plunged back to the bottom.
Dong Xuebing wiped the sweat on his forehead. He could not describe his feelings. Changhong CWB1 was the last warrant on the stock markets of two cities and today was the last trading day. He thought he had no chance to use BACK to make money from trading. But who knows that Dong Xuebing managed to get a chance to make some money.
“Xiao Dong, what’s wrong?” Old Yan went to the water dispenser to get some water when he saw Dong Xuebing sweating profusely.
Tan Limei and Changjuan also turned to look at him.
Dong Xuebing immediately minimized the stock market software. “Nothing. I just feel a bit hot.” Zhou Changchun dares to trade shares in the office openly, and no ones dare to say anything. But Dong Xuebing could not do the same. He must be mindful of his actions in the office to prevent getting into trouble.
At this moment, Zhou Changchun entered the office from outside. “Xiao Dong, come in for a while.”
Dong Xuebing could not look at his trading account anymore. He quickly follows the leader to his office.
Hou Changchun had called him to his room to help him pick a share. “Daqin Railways did not perform well today. Luckily, I did not buy a lot of that company’s shares. Help me see which share is good.”
Dong Xuebing was very careful. He knows that Zhou Changchun would get suspicious if he were to be 100% accurate every time he picks a share. It might be okay once in a while. But his ability BACK might still have other uses. He cannot be using this ability for Zhou Changchun to pick shares. “Chief Zhou, recently the market is not doing well. I am not very confident. Why not wait for a few more days?”
Zhou Changchun looked at him: “Your analysis of the past two trades is quite accurate. What’s wrong?”
Dong Xuebing smiled wearily. “But in the end, you did not make any money. The market looks bleak. Have you seen the market today? There were almost no shares that were rising. There is nothing I can do.”
Zhou Changchun thought for a while. He only manages to make a small profit from Hainan Rubbers and Daqin Railways shares. But if he did not manage to sell off the shares, he might be stuck with the shares. “Already. I think the stock index should reach 3,000 points in a month or two. Let’s wait until then.”
Dong Xuebing returns to his desk.
He secretly opens the trading software in a small window. He can’t wait to see his account balance.
After deducting the charges, the account balance was 20,000 RMB.
2,000 RMB was multiplied by 10 times within seconds.
20,000 RMB! 20,000 RMB! 20,000 RMB!
Dong Xuebing was overjoyed. This amount of money might mean nothing for some families. But for Dong Xuebing’s family, it was an enormous amount.
In the future, he could call his mother over the phone without worrying about the phone charges. They could afford to eat meat like beef and mutton……
Dong Xuebing tears start to well up in his eyes. It’s been 4 years. He and his mother had been living in poverty for too long…..