City: Become a principal from junior college!

This was accompanied by a fall in crude oil futures prices.

There is always someone taking over.

But when the price of crude oil futures fell to zero yuan, even the slowest and most unpredictable retail investors felt something was wrong.

Even though it’s free to hold crude oil futures now, most people don’t dare to move.

This is too abnormal.

How can you give something away for free?

That's crude oil!

That is the blood pulse of the industrial age.

What exactly is going on?

But there are also people who feel that the opportunity has come and crude oil is given away for free, so they would rather take it.

Everyone thinks that since it’s zero yuan, it must be the real bottom price.

Otherwise, won’t the seller have to pay for it?
So they all jumped into the market and were bullish on crude oil futures.

The bizarre performance of the crude oil market is the most outrageous scene in the history of the global futures market.

Many people think this is the most shocking crude oil price they have ever seen.

But soon, zero yuan will no longer be the case.

Because on the second day.

Crude oil is officially delivered.

Countless investors who were looking forward to rising crude oil prices, when looking at the final settlement price, all showed expressions of doubt about their lives.

How can this be?

……

But Lao Chu has a good attitude.

The loss has already been made, there is no point in worrying about it.

He woke up the next morning and went to the company, but he didn't rush to turn on the computer to check the crude oil price.

Instead, he made a cup of tea and leisurely called a few subordinates over to have a chat.

It was not until half past nine that Lao Chu turned on the computer.

When the crude oil settlement price on the interface came into view, Lao Chu immediately smiled.

$37, not bad...

Although I still lost money, the settlement price of $37 meant that the loss was much less.

It turned out that I made the right decision not to run away halfway but to continue holding on.

While Lao Chu was thinking about how much money he had lost, he looked at his margin account to see how much would be left after settlement.

But when Lao Chu saw the account balance, he was stunned...

The account balance is not zero.

It's -28009 dollars...

minus?

How can it be?

Old Chu looked puzzled.

How can it be negative?
Did the investment institution steal its own money?

Suddenly thinking of something, Lao Chu immediately looked at the settlement price of crude oil futures again.

It was at this moment that Lao Chu discovered that there was also a - in front of the settlement price.

So, the settlement price was not thirty-seven dollars, but negative thirty-seven dollars.

Has crude oil really fallen to negative prices?

I invested 30,000 yuan, but not only did I not make a penny, I lost all my money.

Instead, he owed the investment institution 28,000 US dollars?
There were now full of question marks in Lao Chu's slightly weathered eyes.

He felt that the world before him was unreal.

You invested without leverage or taking out a loan, but ended up owing money?

Old Chu leaned back in his chair, unable to utter a word. He silently took out a pack of cigarettes he hadn't smoked for a long time from the drawer, lit them up, and quietly doubted his life.

……

The settlement price of crude oil was negative.

This is so outrageous.

It can be said that today's global hot spots are all focused on this.

Countless investors who thought that zero yuan was unprecedented had their positions liquidated.

Many people not only did not make a penny, but also owed a large sum of money to investment institutions.

The loss for a barrel of oil was thirty-seven dollars.

The later investors enter the market, the more barrels they can buy with the same amount of money, and the more they lose.

Even when the price was five yuan or zero yuan, some people directly bought a large number of contracts at the bottom.

Now, looking at the settlement price, you don’t need to consider anything, just take the elevator to the rooftop and you’re done.

It seems that because Lao Chu bought at a high price, he did not continue to buy at the bottom.

On the contrary, the loss is relatively small.

The entire capital market was in mourning on this day.

Countless people returned to the time before liberation overnight.

No one understands why the price of crude oil futures can fall to negative numbers.

This is simply outrageous. He opened the door to outrageousness. It’s so outrageous.

At a time when countless investors were discussing the negative price of crude oil.

Netizens remembered the students of Xingchen Finance.

Because the original price continued to plummet, netizens were only thinking about getting rich and had no time to pay attention to Xingchen students.

But at this moment, they lost money.

The attention was refocused on the students of Star Finance.

At the beginning, the students of Xingchen were determined to short sell, and they all disagreed.

I believe that students of Xingchen will inevitably lose all their money and will be educated by the market and learn a severe lesson.

But now it seems that the Xingchen students obviously did not attend the class. They were educated by the market, deleted a meal of Da Er Guazi, and still owed a sum of money.

What about the Star students?

Why are they so sure that crude oil will fall and why do they insist on shorting?

How much did Xingchen students earn?
Soon, they saw the delivery note from Xingchen students.

Star Students chose to leave the market when the price was negative twenty dollars.

Everyone just did a quick calculation and then took a deep breath.

After all, Star Student started out shorting at fifty dollars.

One million dollars, 20,000 barrels of crude oil.

When crude oil fell to zero, Xingchen students made fifty dollars per barrel.

And leaving the market at negative twenty dollars means that Star Student made seventy dollars per bucket.

Two thousand barrels, that's $14 million in profit.

This income is undoubtedly extremely scary.

That’s 14 million!
It is equivalent to almost 100 million RMB.

The capital put up by the students of Xingchen was only one million US dollars.

One million makes fourteen million.

This rate of return is like riding a rocket, going straight to the sky. It is really outrageous.

This time, while netizens all over the Internet were envious and jealous, they also completely agreed with the vision of the students of Xingchen Finance.

I not only lost real money, but I even owed some money.

And what about Xingchen students? They made 100 million directly.

In this situation, no one would question the vision of Xingchen students.

Netizens were expressing their feelings and looking forward to it.

The reason for this feeling is naturally because Star Academy is so awesome.

Xingchen Academy has truly cultivated a group of future investment gods.

And the expectation is that the students of Xingchen are so amazing.

In addition, Xingchen Academy also established an investment company.

Will you sell funds in the future?

If Xingchen Investment Company produces a fund, netizens will definitely choose to invest in it without hesitation.

After all, Star students have proven their ability to make money.

Isn’t this much more reliable than buying other junk funds?

At this moment, netizens who have recognized their own investment strength and are discouraged only hope that Xingchen Academy can enter the investment field as soon as possible.

Let them also invest money and earn some pocket money.

……

There was a lot of discussion outside and it was very lively.

And in Star Academy.

The students naturally cheered for the success of this investment.

Not only Chu Guang's group, other students also followed Chu Guang to do it.

But because of different opinions, the amount of money earned varies.

But the one that made the most money was undoubtedly the Chu Guang Group.

The profit of 14 million US dollars made the students in Chu Guang's group excited to the point of being a little crazy.

After all, you have to know that the college only gave them 100 million yuan for investment.

As a result, they made 100 million yuan from shorting futures.

It's not that fast to pick up money.

But some students also felt regretful and thought that they should have shorted until the final settlement.

Make more money this way.

But everyone knows how dangerous last night was.

Chu Guang and several other key decision makers of the group stayed up all night watching the market.

Originally, Chu Guang's team planned to run away when the money was ten dollars.

After all, they also felt that it couldn't be any lower.

But crude oil is still falling.

At this time, the students in Chu Guang's group had already realized that such a decline was not just due to market reasons.

There is capital, which is deliberately suppressing the price of crude oil.

In addition, institutions have been urging them to sell their short orders and settle their positions.

This also made Chu Guang and others feel more and more that something was wrong.

Institutions are not philanthropists. The money they earn from short selling is all earned from the institutions.

The institutions have lost so much money now, but they are urged to settle quickly.

Clearly there is a problem...

So after carefully observing the market, Chu Guang and others decided to continue gambling.

And as crude oil prices continued to fall, something was getting increasingly wrong.

When the crude oil price reached minus twenty dollars, Chu Guang couldn't help it no matter how good his mentality was, for fear that it would rise again.

This was obviously a misjudgment, otherwise you could have made more.

However, faced with tens of millions of dollars in funding, it is understandable that no one can remain completely calm.

Besides, the profit of 14 million US dollars is enough to satisfy all the students.

When the classmates were excited.

Chu Guang fell into a deep sleep.

Tomorrow is Saturday, and he decided to go home and show off to his dad about his achievement.

By the way, see if my dad listened to me and bought Moutai stocks.

The share price of Moutai has indeed risen a bit in the past few days.

……

Ye Chen and several finance teachers and directors were walking on the campus.

Hearing the cheers coming from the finance department, Ye Chen and the teachers couldn't help but smile.

Making more than 10 million US dollars in a futures transaction is indeed a very dazzling achievement.

As for the reasons for the plunge in crude oil prices, teachers majoring in finance have also seen it clearly.

The previous decline is normal due to weak market demand.

Several major oil-producing countries have frantically increased production in an attempt to make more money before the production cut agreement is implemented.

But due to weak demand, oil storage tanks everywhere are almost full.

The sea is full of cargo ships loaded with crude oil, and there is not even a place to unload and store the cargo. They can only drift there every day, and the cargo owners have to pay the use fees of the cruise ships every day.

Plus some other reasons.

This caused the price of crude oil to fall below the cost line of twenty dollars.

But the subsequent decline was due to malicious suppression by capital.

It’s not difficult to guess who it is, it’s still that group of capital.

They lost money on crude oil and decided to make up for it elsewhere.

While it is night in China, many institutions cannot operate.

Before settlement, crude oil futures orders were frantically dumped, causing crude oil prices to fall to negative numbers.

It also does not give Chinese investors the opportunity to react and close their positions.

Ultimately, a large number of Chinese investors were reaped the benefits.

This will make up for previous losses or even make a big profit.

A teacher majoring in finance did a preliminary calculation.

It is believed that today, various domestic institutions and retail investors have lost at least tens of billions of US dollars.

Hearing this, Ye Chen shook his head.

It was still harvested!
The domestic financial industry is indeed too weak compared with that of foreign countries.

It's not even on the same level.
But this can't be blamed on anyone.

After all, finance was invented by the West, and the rules were also made by the other side.

If you want to play, you can only follow others, and losing money is inevitable.

However, Ye Chen still felt distressed, because these billions of dollars were the wealth created and accumulated by many people in the country with hard work.

As a result, it was easily harvested by foreign countries.

Make the other country more and more prosperous.

This made Ye Chen look forward to the growth of his finance students even more.

Then we can reap the wealth of other countries and make back what we have reaped in recent years! (End of this chapter)