American Ranch

Chapter 282 Fall
Back home, Ellie sat on the sofa with her arms around her knees...

"Don't you look at the market in Wellington?" Chen Mo felt distressed and guilty when he saw Ellie who was a little depressed.

With a fund of [-] million, as long as they are not heartless... Normal people will feel pressure.

Today's market roller coaster is like two consecutive wrong predictions...

Spot Gold II has a capital of 10,000+ billion, more than half of which is concentrated in the US market.Even under the general trend, it is very difficult to predict the direction of this handicap.

No one in the gold market can say that they can accurately predict the price curve. They can only predict a general trend... This... seems like a big gamble.

Ellie's mentality exploded today, and her eyes were a little hollow.

The magnification of more than 100 times leverage in the gold market arouses people's inner desires and also magnifies them.This...is more tempting and frightening than tainted milk powder.

There is a fund of [-] million, and a few dollars' increase, when magnified, is a loss of several million to tens of millions of dollars.I used to operate in the stock market, so I can calmly analyze and make long-term stable income.But in the spot gold market, Ellie is a newcomer after all, and it is the first time that she has such a large amount of funds...

Without absolutely enough self-control, entering the spot gold market, this person becomes a gambler unconsciously, and those who lose money want to win back.Winners want to win more...

If you can't restrain your desire, this is an abyss.

Spot gold is a market maker system. The buyers and sellers are investors and exchanges, and the price can be traded immediately at the current price.Instead of requiring other investors to take orders like futures...

Ellie leaned in Chen Mo's arms and looked at the Wellington market... The Wellington market is also the New Zealand market, followed by Sydney (Australia), Tokyo (Japan), Singapore, Germany, London...

New Zealand is a small market.

Affected by price fluctuations due to the closure of the United States, New Zealand entered a decline at the opening of the market. It opened at 1198.10 US dollars, fell below 1198 US dollars in a few minutes, and the price jumped every few breaths...

Ellie puffed her cheeks, watching the price fluctuations of the handicap, her body tightened into Chen Mo's arms, and hugged him hard...

"If there is no mistake in my calculation, the price of gold may fall to around $1150. But there will definitely be price fluctuations in the middle... Then continue to speculate, or sit on the income, what do you mean?"

"How long will it take to drop to 1150 US dollars? Sit tight and earn, absolutely safe operation, what is the approximate income?" Chen Mo showed an ugly smile.Today, he was really scared too.

They are considered an unregistered hedge fund company.

With an investment of 1 million, the liquidation line is set at 20.00%.

The liquidation line is 20.00%, which means that the account net value is lower than 20.00% of the margin ratio, and the system will forcibly close the position.

……

For example, say you have $1 in your account.

At this time, the account can operate up to 10 lots, with a loss of US$800 per lot...that is, the price of 1 ounce of gold rises or falls by US$8, and the position is forcibly closed by the system.

If you operate 5 lots, the liquidation will only be triggered when you lose $1800 per lot, that is, you will only trigger when you lose $18 per ounce.

If you operate 2 lots, you need a loss of 4800 US dollars to trigger the liquidation, that is, a loss of 48 US dollars per ounce.

……

Like today, gold ushered in an increase at US$1184.61, with a few small ups and downs, and rose to the highest US$1199.71.

A day's rise and fall, $15.

The price of spot gold fluctuates greatly within a year. It is more common for a few dollars to tens of dollars, and even a rise and fall of tens of dollars, there are also...

In the afternoon, Ellie was doing long positions with a full position... From around $1195.50, it rose to $1198.20 and began to close the position. In just two hours, she made a profit of $8352 million with $2338 million.

If you go long with a full position from US$1184.60 in the morning, you can use US$9429 million to close your position at US$1198.2.In one day today, it is theoretically possible to earn 1.2 million US dollars.There are still a few increases in the middle, the most extreme operation, find every point, and even earn more than 1.5 million... This is very powerful.

But if you lose, the same is true, and you can lose [-] million in just one day.

Ellie’s stable income is a two-line operation, one account buys up, another account buys down, and uses the profit to make up for the loss, so that the gold in her hand can enter a fairly low level, such a hedging method , The loss is only some handling fees, overnight fees... Wait for the low position to close the short position, hold the bullish gold and wait for the appreciation.

Spot gold is a market maker system, and the buyers and sellers are investors and the exchange, so they are not afraid that they will not be able to close their positions.

But how to balance the two positions requires precise calculations.

Ellie reckons gold will drop to around $1150 but... who knows.No one can accurately judge this thing...

Ellie planned to use this mode of operation from the beginning.But her computing power is too powerful, at first it was a two-line operation, but the two-line operation is making money...

Chen Mo sniffed the faint feminine fragrance on Ellie's body: "The price of gold will fall to $1150, how sure are you?"

"7 points. For the bears in the gold market, the Fed's interest rate hike is good news, and the price of gold should never rise against the trend. Today's futures gold is falling, and spot gold and futures gold are derailed. Today should have been a day of decline. Yes...but the spot gold market is different from futures gold after all, I should review my recent operation mistakes..." Ellie scratched her hair in distress.

Regardless of spot gold or futures gold, the most feared thing is to enter the state of gamblers.Ellie was crushed by several consecutive mistakes in judgment...

The biggest shortcoming of a genius is excessive self-confidence.

"Then... 2 lots of short selling is speculation?" Chen Mo was somewhat taken aback by Ellie.

Ellie's heart was still pounding, and now she calmed down, covered in cold sweat: "Yeah. But this time it will definitely not be wrong. If the spot gold goes against the trend and rises to $1200, the dealers in the New York gold market will not be able to sit still... ..."

Chen Mo gently scratched the tip of Ellie's nose: "I went to cook, I want to eat something."

"Steak, I'd like to drink some red wine..."

Chen Mo opened a bottle of red wine first, and then went to the kitchen.

Both drank some wine and fell asleep early...

Ellie sleeps very badly, woke up several times in the middle of the night, and talked in her sleep: stumbling...

Early the next morning, when Ellie woke up, the first thing she did was to look at the London market.

The price of gold in the London market has fallen to $1197...

"Honey, I've made money." Ellie's eyes were red, she didn't sleep well, and as she spoke, she kissed Chen Mo on the face.

"Well. I know..." Chen Mo didn't sleep much all night, and glanced at his phone from time to time.

"I'm going to the studio, will you bring us breakfast later?" Ellie lay in Chen Mo's arms.

"Today, I want to take a day off. I didn't sleep well last night."

"Okay, I'm going to the studio."

Ellie simply ate something and went out.

(End of this chapter)