I have a thousand suites in Shenzhen

Chapter 76: Being slapped in the face

Chapter 76: Being slapped in the face (please subscribe)

After Ding Jing arrived, the two discussed things in the office, and Yi Anguo told Ding Jing his plan to test the waters of US oil futures trading.

Because 2 million yuan of capital was withdrawn, the venture capital company originally planned to be opened was temporarily shelved.

Yi Anguo planned to make long-term investment in the Penguin stock he bought, so he did not need to make frequent operations.

The stocks that focus on T operations are still mainly Guojiu. Since the end of last year, the stock price of Guojiu has been rising. After the stock price exceeded 4 yuan on April 5, Yi Anguo Then the traders started to ship.

As long as the stock price is not lower than 48 yuan, we will focus on reducing holdings. After it is lower than 48 yuan, we will mainly wait and see. If the price falls below 46 yuan, we will buy directly.

We should have reduced our holdings by more than half now. At this time, we are testing the international crude oil futures market in the United States, and there is no problem in terms of funds.

"International crude oil futures trading in the United States is very risky. A sudden event may cause very drastic price fluctuations in the international crude oil futures market. Many people become rich overnight, but there are also many people who become rich overnight. He went bankrupt, lost all his funds, and turned from a multi-millionaire to a beggar." Ding Jing said with a serious look.

"A quarter of an hour ago, many people were well-dressed, glamorous, entering and leaving luxury hotels, accompanied by beautiful women. After a quarter of an hour, they lost everything, and people jumped from the roof, the same fate as my father."

Yi Anguo nodded and said, "I am very clear about the situation you mentioned, but don't worry, I won't risk everything. I don't want to lose you."

"That's why I said we were testing the waters. As long as we don't invest much money, it doesn't matter if we lose everything. It's completely within my tolerance."

Ding Jing saw that Yi Anguo had already made his decision and knew that it would be useless to persuade him.

Moreover, the fundamental reason why many people lose all their assets and eventually jump off the rooftop is due to greed.

Because many people not only gamble all their assets, but also borrow loan sharks to gamble. They have only one way, either they win the bet and become rich overnight, or they lose the bet and have nothing.

As long as you are not greedy, it doesn't matter. In essence, there is not much difference from stock trading. It's just that the gameplay is different, and the risk of futures trading is greater.

Because futures trading is highly leveraged, you only need to pay a margin to leverage 100 times the transaction.

Assume that the current international crude oil futures price is US$50 per barrel, and one lot is 1000 barrels, worth US$5. You only need US$500 to buy one lot.

For every cent that the international crude oil futures price goes up, you make a profit of ten dollars; conversely, as long as the price of international crude oil futures goes down by one cent, you lose ten dollars.

A one-cent fluctuation is one point. Every ten points the price fluctuates upward or downward is a win or loss of US$100. If you only have a margin of US$500, and the price drops by more than 50 points, you will be liquidated directly. Yes, all the $500 deposit has been reset to zero.

Of course, you can also add margin so that you won't be forcibly closed. If you're lucky and your bet is right, if the price of international crude oil futures suddenly rises by one or two hundred points, you will make a profit.

In addition to buying up, you can also buy down, which is commonly known as long or short. No matter whether the international crude oil futures price rises or falls, as long as you bet correctly, you can make money.

And when speculating on international crude oil futures, you must pay attention to current hot topics. For example, the International Petroleum Organization holds a meeting to announce how much production will be increased to control the excessive growth of international oil prices. Then the price of international crude oil futures will most likely fall in response. .

For example, if a general strike by oil workers in a certain oil-producing country leads to a reduction in oil production in that country, then the international crude oil futures price is likely to suddenly skyrocket.

If you don’t pay attention to these current hot topics, and you go long when you should go short, and go short when you should go long, then if you don’t lose money, who will lose money!

"However, trading in international crude oil futures requires foreign exchange. In addition, the trading of international crude oil futures only has one hour of suspension time every day, and someone needs to keep an eye on the market throughout the day."

美国的国际原油期货的交易时间为夏令时间的6:00-次日凌晨5:00,冬令时间的7:00-次日凌晨6:00。

With continuous trading 23 hours a day, the international crude oil futures trading in the United States not only has a long trading time, but also is relatively flexible. It can be traded in both directions, rising or falling. As long as the direction is correct, you can make a profit.

Buy and sell at any time, enter one second and exit the next second. There is no limit to the number of transactions in a day. You can participate in operations during the day and night.

There is no limit on the rise or fall, increasing the trading space, the average daily trading volume is large, no one controls the market, no one is the banker, it is fair and just.

You can also trade with small funds. You only need to deposit 100 US dollars and trade 0.01 lots. You can fully understand the rules and procedures of the transaction through small funds.

U.S. international crude oil futures trading uses 100 times leverage. The capital required for one transaction is 1000% of the total value, and the market fluctuation is [-] US dollars for one dollar.

You can enter with a minimum of US$100, and you can trade by buying 0.1 lots without any restrictions.

Yi Anguo nodded and said to Ding Jing: "We are just testing the water now. We don't need too much capital, and we don't need people to monitor the market 24 hours a day. I don't plan to do intraday trading, but long-term holdings. I only need to do it every day." Just pay attention to the price fluctuations.”

"To fund it, you can first sell 10,000+ shares of Penguin Company, and you'll be fine with $[-]."

Yi Anguo didn't want to cause too much trouble. The most convenient way was to sell part of the Penguin shares directly and exchange Hong Kong dollars for US dollars. It was very convenient and there was no limit on the quota.The margin for buying one lot of international crude oil futures is US$500, and US$[-] is enough to buy two hundred lots of crude oil futures.

However, Yi Anguo only needs to buy one hundred lots. One hundred lots of international crude oil futures are equivalent to one hundred thousand barrels. As long as the price fluctuates by one dollar, the one hundred thousand dollars will be gone.

After everything was ready, it was already Monday, May 5th. The international crude oil futures price was 49.73 US dollars a barrel. Yi Anguo and Ding Jing sat side by side. Yi Anguo told Ding Jing to buy [-] short lots first. Single, explore the way.

Ding Jing frowned a little and said, "Are you sure you want to go short?"

"I just want to go short, what's wrong? Is there any problem?"

"The price has hit a new low this year. Many people are bullish, thinking that it has fallen to the bottom and has begun to rebound. Going short at this time is easy to lose and the risk is very high." Ding Jing analyzed road.

"If some people are bearish, there will definitely be others who are bullish! Isn't this normal?" Yi Anguo said.

"You only see that many people on the forum are bullish and think that the decline will stop and rise, but you ignore that there are also many people who are bearish and think that it will continue to fall. It has not yet reached the bottom. .”

"Look, it has jumped 13 points in just one moment. Do you still think it will continue to fall?" Ding Jing said, pointing to the market price that had jumped to 49.86 US dollars on the market.

Of course Yi Anguo also noticed the price fluctuations on the market, and felt like he was being slapped in the face.

"Look, it has jumped another five points. It is now $49.91 and will soon be above $50."

Sure enough, in less than 1 minute, the price jumped to $50.01.

In less than 5 minutes, it jumped 28 points. The price of international crude oil futures is indeed fluctuating violently!The dangers involved are really too great.

If you had shorted 49.73 lots at the price of $20, you would have lost $5600 in just a few minutes.

5600 US dollars is equivalent to 45000 RMB. Waiting for a few minutes will lose the annual income of three ordinary domestic workers.

However, Yi Anguo still insisted on going short and decisively ordered Ding Jing to buy 50 short lots. At this time, the international crude oil futures price had risen to 50.10 US dollars. The long and short sides were fighting fiercely, and no one wanted to Take a step back.

It reached a maximum of $50.15, but was soon suppressed to $49.95, $49.90, and $49.85. The long and short sides started a tug-of-war, and the price always fluctuated around $50.

Ding Jing had no choice but to know that she had no way to change Yi Anguo's decision. When the price reached 50.10 US dollars a barrel again, she bought 50 short orders.

Anyway, it’s only a hundred thousand US dollars at most. He’s lost it all. What else can he say?

Yi Anguo was actually quite nervous. The reason why he insisted on shorting International Research Futures was because he was actually betting.

Because the only thing he can be sure of is that on May 5, three days later, since the futures price will fall to the lowest price of 19 US dollars a barrel, it will then start to rebound.

Until the end of June, the international crude oil futures price rose all the way, breaking through the 6 US dollars a barrel mark, once again setting a new record for the highest international crude oil price in history.

But it’s only the 16th, and the uncertain risks are actually huge, so what will be the result?In fact, Yi Anguo didn't know, and he didn't actually have a lot of confidence in his heart.

"Set a stop loss point. If the price rises to 50.50 US dollars per barrel, the position will be liquidated directly." Yi Anguo thought for a while and said.

Ding Jing finally breathed a sigh of relief when she saw that Yi Anguo actually compromised. This way, he could at least lose less. He lost [-] US dollars from [-] US dollars, and at least he had a chance to fight again.

Half an hour later, the price of international crude oil futures actually rose to 50.28 US dollars a barrel.

"Is it really my first time to lose [-] US dollars?" Yi Anguo couldn't help but mutter to himself.

"Why don't we just close the position now, and we can save US$[-] in losses." Ding Jing couldn't help but smile and suggested.

"No! If it can, it will raise it to 50.50 US dollars a barrel for me right now. I will give in immediately. Otherwise, I will fight it until the end. I don't believe it will not fall." Yi Anguo said not wanting to give up.

Just as Yi Anguo finished speaking, the international crude oil futures price on the market once again jumped to 50.32 US dollars per barrel, and then continued to rise, approaching the stop-loss price of 50.50 US dollars per barrel.

"Look, I told you to listen to my advice a long time ago. If you listened to my advice, wouldn't you have lost a lot of money?" Ding Jing looked at the price on the market, which had jumped to 50.38 US dollars a barrel. Couldn't help but start talking again.

 Today is the Mid-Autumn Festival, I wish you all a happy Mid-Autumn Festival!

  Continue to ask for double monthly tickets!
  
 
(End of this chapter)

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