Chapter 13: The Madness of Ultra-Short-Term Trading!
Chen Hao never expected that his rebirth would alter Li Zhi’s life trajectory.
According to Li Zhi’s original path, after filming "Tiger on Patrol," she would continue struggling in the entertainment industry on Hong Kong Island.
By 1989, Li Zhi had co-starred with Li Lianjie in "Dragon at the Horizon," and the two had become a couple.
By 1992, Li Zhi officially announced her retirement from showbiz to focus on business ventures.
Now, with Chen Hao’s unexpected presence, Li Zhi had already decided to leave the entertainment world early, and it seemed unlikely that she and Li Lianjie would ever be together.
Even if Li Zhi met Li Lianjie now, there was no chance for them to unite.
Because Li Zhi had already developed genuine feelings for Chen Hao!
Only, she had yet to realize it herself.
The next day.
After waking and freshening up, Chen Hao took the mobile phone Li Zhi had left him the night before and went to a nearby café for breakfast.
After eating, he hailed a taxi to the Hong Kong Stock Exchange in Central.
His current residence was quite far from Central.
The previous night, Li Zhi had not only left him the mobile phone but also some money.
Li Zhi was thoughtful; knowing Chen Hao had little cash on him, she left him some spending money.
Chen Hao didn’t feel like a freeloader.
Because this was what he deserved.
They had already agreed on a partnership: he would provide the brains, she would provide the funds.
Together, they would profit from the stock market on Hong Kong Island.
Yesterday, using the 370,000 Hong Kong dollars Li Zhi gave him, he had already made 380,000 Hong Kong dollars in the market.
So it was only right that Li Zhi gave him money to spend.
Upon arriving in Central, Chen Hao headed straight into the trading hall of the stock exchange.
At that moment, Li Zhi’s mobile phone rang.
Since mobile phones at that time didn’t have caller ID, Chen Hao didn’t know who was calling.
But one thing was certain—the caller was definitely looking for Li Zhi.
After hesitating briefly, he answered the call.
A man’s impatient voice came through: "Li Zhi, it’s already past 8 o’clock. Why aren’t you at the set yet?"
Hearing the word "set," Chen Hao knew it was someone from the "Tiger on Patrol" crew.
He hesitated again before replying, "Li Zhi has something to attend to today and can’t make it."
He didn’t tell the caller that Li Zhi had decided to quit the entertainment industry and would no longer be filming "Tiger on Patrol."
Nor would he reveal that Li Zhi was meeting a lawyer today, preparing to sue Zhou Runfa and the production team.
"What? Li Zhi has something to do but still came?"
"How could she do this?"
"Why didn’t she inform us beforehand?"
"Our outdoor scenes are all set up, and yet she’s not showing up?"
"This won’t do!"
"She must be here today!"
"Immediately notify Li Zhi and make sure she comes, or else..."
Upon hearing from Chen Hao that Li Zhi wouldn’t be coming to set today, the caller adopted a commanding tone, ordering Chen Hao to tell Li Zhi she had to be there.
However, before the man could finish, Chen Hao hung up.
He then proceeded into the stock exchange’s trading floor.
Soon after, Li Zhi’s phone rang again.
Chen Hao guessed it was the same person calling.
Without a second thought, he hung up immediately.
The phone rang several more times, and each time Chen Hao did not answer.
By then, the morning trading session had already started.
Chen Hao focused all his attention on the electronic ticker screens.
He scanned the price movements of key stocks, his mind rapidly calculating.
He recalled previous trends of those stocks from memory, combined them with current price actions, and used his extraordinary computational skills to analyze and predict their future fluctuations.
Soon, his mind produced a forecast.
He used Li Zhi’s phone to call Xiangsheng Securities.
Once connected, he instructed the trader on the line: "Buy 20,000 shares of New World Development."
After placing the order, he kept his eyes glued to the stock price changes on the screen.
Stock trading can be categorized by duration: long-term, mid-term, and short-term operations.
These classifications depend on the holding period.
Generally, trades within one week are considered short-term.
Between one week and six months is mid-term.
Over six months is long-term.
Of course, individual trading habits may vary these timeframes.
Chen Hao’s style was short-term trading.
But his cycles were even shorter and faster.
Therefore, his approach was ultra-short-term trading.
Typically, trades completed within a single day fall under ultra-short-term.
The advantage of ultra-short-term trading is avoiding the risks and costs associated with long-term holdings.
It also greatly increases capital turnover and profitability.
However, ultra-short-term trading has clear drawbacks.
First, it is riskier and requires high skill and psychological resilience.
Second, frequent trades generate higher transaction costs.
Chen Hao chose ultra-short-term trading because it allowed rapid capital turnover and quick profits.
As for the risks, he considered them negligible.
Thanks to his rebirth, he had gained exceptional memory and computational abilities.
With these skills, he could predict stock price movements with remarkable accuracy.
Thus, the risks were significantly reduced.
As he grew more accustomed to ultra-short-term trading, his speed increased and his accuracy improved.
Yesterday, his prediction accuracy exceeded 92%.
Today, it had risen to over 96%.
His errors were minimal.
Before he realized it, the morning trading session had ended.
Chen Hao could finally take a break.
After several hours of intense mental exertion, his head felt dizzy and heavy.
“Ugh,” he muttered, “this is exhausting.”
He was pushing himself hard to amass funds as quickly as possible.
His main goal was to accumulate sufficient capital by the end of June.
Because then, he planned to execute a massive, aggressive bottom-fishing operation…