"BOSS, you guessed wrong. He is not a qualified speculator."
Anderson lamented that he couldn't understand Lu Beifeng's choice based on interests.
Judging from the data, we can see the speculative behavior in the past few years and our keen market sense.
It's impossible for him not to see how risky it would be to bail out the market.
But he still rejected their offer of an olive branch and resolutely chose to bail out the market.
Neither he nor Soros are pure speculators, with only interests in their eyes and no country.
Born in a capital society, they only believe in money and have enough wealth. No matter which country they go to, they are the guests of that country.
They did not understand the feelings of family and country that Lu Beifeng, a native of China, had in his heart.
"Stupid Chinese!"
"Guys, start implementing plan B."
Anderson sneered and immediately ordered his subordinates.
The A-share market is very unfriendly to speculators and has many restrictions.
The day's decline was -7.8%, with the Shanghai Composite Index falling 220 points.
More than 1,800 stocks in the two cities fell to the limit, and outflows reached 980 billion.
Today has basically come to an end and there is nothing to fall.
The foreign exchange market is their main battlefield and also their gold mine for harvesting wealth.
Lu Beifeng and others bought a large amount of soft currencies, causing the exchange rate to rebound slightly by 15 basis points.
A small corner was revealed, and then a more violent counterattack was encountered.
It was like falling off a cliff, another 125 basis points.
6.4427,-0.0254(-0.0405%)
It fell 254 basis points, or -0.405%.
More than 720 billion Ruanmei coins have evaporated.
Foreign exchange is not like the stock market. All evaporated funds will be fed back to the offline trading market within a few days.
If the soft sister currency falls sharply today, the exchange rate will become real.
Foreigners can buy more things with the same money.
Although it plays a role in stimulating foreign trade, it is definitely not a good thing for China, the world's factory.
I don’t know how many small and medium-sized enterprises in China will go bankrupt as a result. Compulsory small commodities can only take the world by storm because of their high quality and low price.
The company's own profits are very thin and it really cannot afford to be hit.
"Tsk, tsk, what a cruel attack."
Lu Beifeng glanced at the time. It was half an hour before 2:30 in the afternoon. That would be the time when they sounded the clarion call for counterattack: "How many soft sister coins have you bought?"
Trader No. 1: "5.8 billion."
Trader No. 2: "5.2 billion."
Trader No. 3: "5.9 billion."
Lu Beifeng was very dissatisfied: "It's less than 20 billion, and the speed is too slow."
He pondered for a moment and said: "Three times the leverage of 100 billion, the actual funds that can be operated on the account are as high as 290 billion. Everyone keeps 30 billion in reserve in the account, and the remaining 200 billion is for you to use freely."
"I only give you 20 minutes to do long soft sister coins. You don't have to consider the cost and profit or loss. Just put them all out. I just want to see the results."
"Those who can only complete the goal will receive an additional bonus of tens of millions in addition to this project."
There must be a brave man under the heavy reward, and the three traders all showed excitement.
The funds that can be used are as high as 60 billion. The freedom to operate such a huge amount of funds is the dream of every financial trader.
What's more, Lu Beifeng also helped them take care of everything, regardless of costs or profits and losses, and there would be tens of millions of bonuses for completing the goals.
Afterimages are almost appearing on each fingertip, and large orders are being delivered continuously.
There are more and more long orders in the foreign exchange market, gradually covering the sell orders.
The falling K-line stopped and slowly looked up.
At 2:10, the pullback was 70 basis points.
At 2:15, the pullback was 80 basis points.
In fifteen minutes, the overall price rose by 150 basis points, recovering more than half of the dropped basis points.
Ten minutes before 2:30, the U.S. dollar's offshore soft currency exchange rate had only fallen by 104 basis points.
The effect of violent entry is gratifying, but the funds used are also terrifying, exceeding 180 billion soft sister coins.
Just a violent purchase like this regardless of the cost.
Even if the exchange rate of Ruanmei currency increased by 150 basis points, Lu Beifeng and the others would still lose about 3 billion.
Before they could react, an even larger amount of short-selling funds entered the market.
The attack is menacing and has the potential to drive away wolves and devour tigers.
Lu Beifeng resisted for a few minutes, and the soft sister currency instantly fell by another 50 basis points. Each trader used the last tens of billions of funds under their authority to buy, which was enough to stop this downward trend.
It fell 175 basis points.
Lu Beifeng lost as much as 50 billion soft sister coins.
There is also 50 basis points of error tolerance.
Once it falls another 50 basis points, they will trigger the triple leverage 70% closing line.
The long-short game, in just fifteen minutes, the US dollar offshore soft currency, achieved a transaction volume of nearly 700 billion.
"Fake Squid, madman, stop for a moment."
Anderson was completely frightened and gasping for breath. He faced Dixing Investment head-on for the first time. Their fierce trading techniques were really suffocating.
They prepared nearly 600 billion soft sister coins and spent 300 billion in an instant, which was only slightly better.
The only option is to stop and slow down.
After all, Anderson is just a fund manager and has too many aspects to consider. He really cannot be as careless as Lu Beifeng.
I can't have his courage either.
"Has it stopped?"
"It really stopped!"
Lu Beifeng had a suspicious look on his face. He was very familiar with Soros.
Pounds, Thai baht, Japanese yen, rubles, four major battles established the name of the ancestor of short sellers.
He has studied it no less than a hundred times, and is familiar with various details and advance control.
Lu Beifeng's trading techniques at first were intentionally imitating Soros, but later he gradually developed his own unique style.
Because I understand the other party, I also know that Soros is not easily scared off.
Lu Beifeng did not dare to empty the magazine instantly, and kept 90 billion in funds for emergencies. He persisted until 2:30, when the news of the placard raising was announced.
But the current situation was a bit beyond his expectation. The other party was actually scared away?
"As people grow old, their hearts become weak?"
Lu Beifeng couldn't help laughing. No matter what, he successfully defended this offensive and defensive battle.
Although the main short sellers have been repelled, the trend of the foreign exchange market is still dominated by decline.
Because Lu Beifeng was the only one who went long on soft sister coins against the trend.
Speculators in the entire market are more inclined to short soft currencies.
The main short sellers can stop and call a truce, but they cannot.
The main force holds large funds, uses very little leverage, and has a relatively strong ability to withstand pressure.
Speculators are not good, they are all highly leveraged and have high ratios.
Just now Lu Beifeng made a surprise move and the price rose by 150 basis points. I don’t know how many people liquidated their positions, then added margins and entered the market again.
The short trend must be established. It will be strong at one time, weaken at the second time, and exhaust at the third time.
However, there was no main force to support the situation, and Lu Beifeng's momentum was too fierce, and the short sellers were unable to continue.
Just before half past two in the afternoon.
Driven by countless Chinese retail investors, a piece of news topped the top ten hot searches on the Internet.
【Will the magical two-thirty hour come? 】
The magical two-thirty, A-shares have had this saying since their birth.
The A-share market only opens for four hours every day. Countless miracles and countless tragedies once took place in the last half hour.
From 2:30 to 3:00, these are the 30 minutes closest to closing.
This time period usually faces market changes, trading volume increases sharply, and market divergence also becomes larger.
The outcome of the struggle between the long and short parties will not only affect the closing situation of the day, but also the opening situation of the next day.
Even those who are new to the stock market can realize the important role of the last half hour.
All retail investors who are stuck or struggling are praying.
The Shanghai Composite Index fell -7.95%, with the index falling 235 points.
The magical two and a half, if it is no longer magical.
Maybe they should choose to cut their meat to avoid risks.
Even if you can't run today, you will definitely run when the market opens tomorrow.
The market is hopeless, so take small losses as wins.