Island Tycoon

Chapter 4 Futures Trading
Hong Kong Island Commodity Exchange.

The three of Ye Jingcheng were staying in front of the gate. Among them, Xu Yi and Chen Hu were even more uneasy. Xu Yi asked first, "Brother Cheng, do we really trade futures? I heard that this thing killed many people."

"Yeah, brother Cheng, why don't we vote for half first?"

10 yuan is undoubtedly a huge amount for them, let alone 1 yuan, if they have [-] yuan in their hometown, they don't need to smuggle to Hong Kong Island at all.

"If you don't trust me, or worry about the risks involved, I can share your share first."

Excessive explanations will only become powerless, and futures trading is indeed full of crises.Ye Jingcheng was not completely sure, he could only say that wealth comes from danger.

For Chen Hu and Xu Yi's share, Ye Jingcheng made [-] yuan each. As for whether to invest in the futures market, Ye Jingcheng left it to them to decide.

"Brother Cheng, I believe in you." Chen Hu was the first to express his opinion.

Isn't it just 1 yuan?If it weren't for Ye Jingcheng's care, he might still be working illegally on the site, receiving a daily salary of 30 yuan a day.With Ye Jingcheng's ability, no matter how bad it is, the result can't be worse than this, right?
The eyes of the two fell on Xu Yi, who gritted his teeth and decided to advance and retreat with the two, saying, "Brother Cheng, I also... believe you."

Ye Jingcheng smiled, put his shoulders on the two of them, and walked into the exchange together.

Ye Jingcheng's first impression when he first entered the market was that it was fresh and lively. The current trading method is not as convenient as that of later generations. If you want to trade, you need the help of professionals to operate it. There are rows of computers surrounded by a few or even a dozen people who want to send money. windfall.

"Hello, I want to open an account." When he came to the front desk where the business was handled, Ye Jingcheng explained his purpose.

The little girl who handled the business looked up at him. Ye Jingcheng obviously felt that the other party was looking at him, and even saw that the other party didn't like him very much. It was only out of professional needs that he took out a series of documents and handed them to Ye Jingcheng.

"A deposit of 1000 yuan is required to open an account. The deposit can be used as a deposit for goods. You can check the contract yourself for the specific situation. If there is no problem, you can sign the contract." After speaking, the business girl immersed herself in her own business.

After more than ten minutes, Ye Jingcheng looked at the contract carefully and found that there was nothing wrong with it. He knocked on the front desk again and said, "There is nothing wrong with the contract. Please put in a deposit of [-] yuan for me first."

"Hmm!" The business girl responded flatly.Suddenly, she shuddered and stood up excitedly and asked, "How much!"

"One hundred thousand." Ye Jingcheng's tone was very flat, as if he was talking about ten yuan.

"You...you...wait for me." The business girl seemed a little anxious, and ran towards the office after she put down her words.

Of course, she didn't want someone to beat Ye Jingcheng.It is that the funds are beyond the scope of one's own management, and the manager of the office must be handed over.

A few minutes later, the business girl came over with a middle-aged man, and first apologized to Ye Jingcheng: "Sir, I was so rude just now, please bear with me."

Then he introduced the very lucky fat man behind him, and said, "This is Manager Yuan from our office."

"Hello, my lord Yuan Tianfan, first of all thank you for your money joining." Yuan Tianfan shook hands with the three of them respectively, and started a conversation with Ye Jingcheng, the real money lord, under the gesture of the business girl.

"Ye Jingcheng." Ye Jingcheng introduced.

Yuan Tianfan nodded and said kindly: "Mr. Ye, why don't you come to my office and sit down for a while, and I will handle related business for you right away."

Ye Jingcheng did not refuse the proposal, and came to Yuan Tianfan's exclusive office one after the other.Facts have proved that there are indeed many rich people on Hong Kong Island, and there are already five investors in the huge office.

However, with hundreds of people outside surrounded by a big screen, or a dozen people surrounded by a computer, here is a one-to-one service, really compare that should be the difference between VIP and ordinary members.

"Ye Sheng, let's have a cup of tea first."

The business girl from before poured a few cups of tea and handed them to the three of them.Since she was the client she recruited, of course she was responsible for this business.As for the front desk, whoever likes to sit sits there.

"Mr. Ye, our business is like this..."

Since the continuous trading time was approaching, Yuan Tianfan made a long story short and informed Ye Jingcheng of the relevant business.In fact, what they were talking about was still the one in the document. After the two reached a consensus, they signed the contract.

As soon as the trading time came, the other five investors immediately entered the state, and within a few minutes, they began to order the computer staff around them to carry out transactions and other operations.

Only Ye Jingcheng stared at the trend of the screen without saying a word, and the business girl who was sitting next to him and was in charge of operating the computer suggested: "Ye Sheng, the price of raw sugar has been rising all the way recently, you may consider buying a few hands to play with."

Ye Jingcheng shook his head, not intending to adopt this opinion, and continued to focus on the soybean market.

Commodity trading on Hong Kong Island was actually the futures exchange that later became the Hong Kong Island Stock Exchange.However, because the share of futures trading is still small, it has not officially changed its name to a futures exchange.

The building started in 1977. At first, it only traded raw sugar, and later added gold, cotton and other commodities.Soybean is a recently added commodity. Due to the unfamiliar relationship, there are not many transactions.

This might be a good thing for Ye Jingcheng, but it's not the best time yet.So for the salesman's suggestion, he just shook his head with a smile.

Seeing that Ye Jingcheng had no plans to open a position for the time being, the sales girl could only sit quietly in front of the computer.Unexpectedly, Ye Jingcheng sat directly from nine o'clock in the morning to the fourth quarter trading time in the afternoon.

Just when the business girl was going to persuade Ye Jingcheng to make a deal again for a commission, the latter took the initiative to say, "Open a warehouse and buy the largest amount of soybeans."

"Ah!" Originally, she thought that Ye Jingcheng was afraid to make a deal out of fear, but unexpectedly, he was a ruthless person, and he bought the largest amount as soon as he came.

"Ye Sheng, the current price of soybeans is 1380 per ton. Under the current situation, you can buy a total of 72 lots and four tons. Are you sure?" The business girl quickly calculated with a computer, and then asked with some trepidation.

Ye Jingcheng nodded. The futures market is different from the stock market. Investors only need to pay a deposit for the real price of the corresponding commodity for each transaction.According to the 1:10 ratio of Ye Jingcheng's deposit of 10 yuan, the amount that can be traded for him is 100 million yuan.

In other words, as long as the price of the commodity rises by 10%, his capital will double immediately.Similarly, if the price of the commodity drops by 10%, his margin will be wiped out.

Behind them, Chen Hu and Xu Yi, who were not at ease in the first place, saw Ye Jingcheng making a deal and rushed over.The price of soybeans rose and then fell, in their view, it was just a heartbeat.

It's a pity that Ye Jingcheng was still staring at the screen, the blueprint was already on the rise, so in order not to distract his attention, he didn't plan to spend time explaining it.

"Close the position immediately!"

When the trading time of the fourth quarter was coming to an end, Ye Jingcheng, who felt that the momentum was not good, immediately ordered the business girl to operate.

"Oh!" Ye Jingcheng either didn't speak, or was startled when he spoke, which really scared the business girl.

After the transaction was completed, Chen Hu quickly squeezed his head in and asked anxiously, "How, how? Is it going up or down?"

Ye Jingcheng breathed a sigh of relief, and said calmly, "I made twenty."

"Only twenty?" After spending a whole day with such a small gain, it would be a lie for Chen Hu not to be disappointed.Soon he comforted himself and said, "Twenty is fine, it's better than nothing."

"Silly Ahu, what Brother Cheng said should be earning twenty in one hand, and earning in 72 hands should be earning."

Seeing Ye Jingcheng's smile, Xu Yi thought to himself that it was absolutely impossible to earn only twenty, and he did some calculations and said, "Seven two one fourteen, a total of one thousand and four hundred and forty, which is much more than we earn by opening a barbecue stall."

The business girl secretly covered her mouth and smiled. She thought these two people were old-fashioned and ignorant, but now she thinks they are cute and silly.So he patiently explained: "Two gentlemen, the twenty that Ye Sheng mentioned refers to one ton. Ten tons in the industry is also one lot, and the total profit of 724 tons is 14480 yuan."

"How much! How much did you earn over 1 yuan in just half a day?"

Chen Hu almost uttered a swear word, I really made a mistake, at first they worked illegally on the site for only 31 days, and later Ye Jingcheng fiddled with a barbecue stall to do it, earning at least half a month's wages a day.

Now he has moved to the futures market, half a day's income is worth a month's business of a barbecue stall.So what's the next plan for this good brother?He couldn't even imagine what Ye Jingcheng would be like in the future.

Chen Hu's loud voice attracted the attention of everyone in the office, some of them satirized that the country people had never seen the world, and some of them sighed while looking at their transaction records.

"Ye Sheng, I don't know if you have time tonight." The business girl whispered in his ear, "I want to invite you out for a meal alone tonight."

Ye Jingcheng's deal alone would allow her to get a commission of 200 yuan.There was naturally competition among the salesmen, so in order for Ye Jingcheng to continue doing business with her, she had to resort to some means.

"No need, just remember to be there on time these few days." Ye Jingcheng saw through the other person's mind at a glance, but he wasn't that carefree right now.The other man's beauty may be able to attract other men, but it is even a bit contemptuous to him.

For the next week or so, Ye Jingcheng's figure kept appearing in the commodity exchange.

The price of futures is really difficult to understand. Sometimes it can still rise after reaching the highest point, and sometimes it seems to keep falling without a limit. Ye Jingcheng inevitably made a few loss-making transactions.

Fortunately, he has always remained rational, and will not be in a hurry because of the temporary price drop, and he will buy at the right time to stop the loss or lose money to close the position.

Ye Jingcheng's active performance in the past few days has made him a leader in the office, and he is even surrounded by other investors every time he arrives, in order to learn from him or get first-hand information.

(End of this chapter)