Going out with ten foreign exchange trading accounts, Huo Qixuan continued to be busy.
First, go to the bank, use your ID card to get a bank card, and then, issue a receipt.
In this way, the account is all ready.
For the experiment, Huo Qixuan transferred 10,000 US dollars to one of the accounts and chose the USD/THB currency pair.
Next, set the leverage.
Prepared for all this, Fok Qixuan shorted the selected Asian currency pair on the trading platform.
The whole process is done in one go.
"Okay!" Huo Qixuan laughed.
He checked all the remaining accounts one by one.
After confirming that it is correct, I gave the balance to the person who sold the account to make up for it, and then changed the password myself.
At this moment, he has ten forex trading accounts.
"I only owe Dongfeng!" Huo Qixuan's mouth rose.
In the evening, Huo Qixuan walked into the dining room at home, and the family was already sitting around the dining table.
The dining table is filled with a variety of home-cooked dishes.
There are steamed fish, braised pork, back-to-the-pot meat, stir-fried seasonal vegetables, etc., which exude a mouth-watering aroma.
His family was present and the atmosphere was very warm.
After Huo Qixuan sat down, the family began to chat easily.
Zhu Aya praised:
"Qi Xuan, this time the pot meat is your favorite food, try it. "
Huo Qixuan said with a smile
"Thank you, Mom. "
He took a pair of chopsticks back to the pot and tasted the delicious food while sharing the interesting story of learning with his family.
The news came out on TV.
The picture shows the depreciation of the Thai baht, and the Thai government dispatched more than 10 billion foreign exchange to rescue the market, but it was still shorted by international speculators and suffered heavy losses.
When Huo Yingdong saw this scene, his originally relaxed face became serious.
The atmosphere at the dinner table was also tense, and everyone turned their eyes to the TV.
Huo Yingdong frowned and said:
"Why is this foreign exchange turmoil so sudden?".
Huo Zhenting glanced at the TV and said:
"Dad, don't worry too much, the financial market on our side is still relatively stable. "
Huo Yingdong shook his head:
"It's likely to have a ripple effect, and there's no guarantee that it won't affect us. It's still necessary to be prepared. "
Huo Qixuan lowered his head and ate quietly.
But my heart blossomed.
Because, he himself is also a member of the international speculators.
The depreciation of the Thai baht is inevitable, and this is a series of consequences triggered by the Thai government's misguided economic policies.
This mistake was magnified by international speculators such as Soros, which in turn triggered a financial tsunami.
After dinner, the family was still chatting in the living room, talking about their daily life.
Huo Qixuan had already begun to ponder the dynamics of the foreign exchange market in his heart.
He returned to his room and began to follow international economic news on the Internet.
At the same time, we can understand the monetary policies of various countries and the latest foreign exchange trends.
In the next few days, Huo Qixuan observed the impact of the depreciation of the Thai baht on the currencies of neighboring countries.
The depreciation of the Thai baht has indeed had an impact on the currencies of other countries.
Some countries' currencies are also starting to show signs of depreciation.
Huo Qixuan boldly shorted the currency pair of the Thai baht and the US dollar.
As the depreciation of the baht intensified, his account began to gradually increase in value.
In addition, Fok has diversified into other Asian currency pairs that have been affected by the depreciation of the Thai baht.
Such as Indonesian rupiah, South Korean won, New Taiwan dollar, etc.
Huo Qixuan accurately predicted the coming of the financial crisis.
In this crisis, he not only shorted the Thai baht, but also seized the opportunity of the depreciation of the currencies of other countries affected by the depreciation of the Thai baht, and acted boldly, using the high leverage ratio to quickly amplify the gains.
As the financial crisis intensifies.
Far from being afraid, Huo Qixuan decisively increased his investment efforts, continued to short Asian currencies, and his income continued to rise.
At this time, many countries have taken measures to deal with the financial turmoil.
However, Huo Qixuan has always kept an eye on the market, flexibly adjusted his strategy, and seized opportunities.
During the financial crisis, Fok successfully took advantage of the depreciation relationship between the US dollar and various Asian currency pairs to seize the investment opportunities in the crisis.
In the end, in the midst of this turmoil, he skillfully used high leverage and diversified investment strategies, and multiplied his $300 million by 20 times, reaching a staggering $6 billion in wealth.
Huo Qixuan looked at the soaring amount in the account, and his face was flushed with excitement.
Damn, no wonder Soros likes to play these.
It's too easy to get the money.
In just one month, he made billions of dollars.
It's crazy, it's terrifying.
With this money, countless dreams and wishes can be fulfilled.
Even, Huo Qixuan also gained a sense of security and relief.
Economic stability brings peace of mind and freedom to no longer worry about financial issues and can focus on pursuing higher goals.
He used Huo's creditworthiness to borrow $300 million, and it would be false to say that there was no pressure in his heart at all.
Now that it's paying off handsomely, this sudden change is exciting, even a little unreal.
"This is just ......the beginning," Huo Qixuan muttered to himself, and then continued to refine his plan.
His real targets are the Quantum Fund and Wall Street.
As long as we reap the rewards of this crisis, we will be able to accumulate enough development funds for ourselves and show our strength.
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