typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 606 Good luck?

After falling continuously from its peak, the price of cotton futures suddenly began to turn upward.

And the momentum is very fierce.

In just such a moment of confusion, the price soared by 1,800 yuan. Not only did it break through the previous high, but it also had full stamina and rushed towards a higher peak.

"It's going up! It's going up!" Zhang Jiang exclaimed in horror.

Zhou Kai stared at the market. In his account, not only had all the floating losses been wiped out, but he had even made hundreds of thousands in profit.

If he sells it at this point, his principal of 800,000 will still be 1.48 million after deducting handling fees!

"It's only been a few minutes. It's been less than an hour since the market opened. It's only been about ten minutes since I entered the market..."

Zhou Kai looked at Li Jin in disbelief.

He also works in finance and is no stranger to the stock market and futures.

But after being around for so many years, this was the first time he felt that the futures market could actually play like this.

In just ten minutes, the reward is nearly doubled.

This kind of money-making speed is really faster than a money printing machine!

"You, how are you sure it will go up?" Shocked, Zhou Kai completely admired Li Jin. Even when he asked questions, he was as modest and polite as asking a teacher for advice.

"In recent years, my country's cotton cultivation has been expanding production, and this year's production has accounted for 23% of the world's total cotton production."

Li Jin opened a piece of data from an authoritative statistics website, pointed to the above report and said calmly: "Therefore, our country's cotton harvest will be poor this year, with the proportion reaching 40%, which will directly lead to a reduction in global cotton production."

"The previous rising market was just a reaction from the domestic market, but there was no movement in the international market."

"So we only need to wait until the cotton price in the international market rises, and then funds and hot money will flow into the source of this incident, which is the domestic futures market, as soon as possible."

Li Jin chuckled and said calmly: "Domestic funds are enough to push the cotton market by 16% in just over 20 minutes. So how much can it rise when international funds pour in?"

Li Jin's words caused silence in the office.

I don't know how long it took, but Sun Yao gritted his teeth and broke the silence with a sullen face, "You're lucky!"

"From 98% of the book's floating losses, the loss was wiped out in an instant and the profit was nearly doubled. The price difference was nearly doubled. This cannot be explained by luck." Zhang Jiang sneered and glanced at Sun Yao.

said.

Sun Yao groaned, and was shocked by Li Jin's dramatic method, but he still said stubbornly: "Don't forget, Li Jin wants to achieve 6 million within today. If he can't achieve it, he will lose."

As he said that, Sun Yao stared at Li Jin coldly and sneered: "So don't be happy too early. I don't believe that the price can increase seven times in one day? What a joke!"

Li Jin ignored Sun Yao. He stared at the screen on the computer and was recalling all the information about this market situation in his previous life.

In the memory of the past life, the price of domestic cotton futures peaked at 23,800 yuan. Then in the afternoon of that day, after the country announced that it had reached cotton import agreements with several other countries, the entire cotton price began to fall in retaliation.

If it's a stock, you can't make much money with such large fluctuations in the market within a day.

After all, stocks can be bought today and sold tomorrow, and they can only move in one direction.

But futures are different. You can buy and sell at any time, and you can also do the opposite.


This chapter has been completed!
Previous Bookshelf directory Bookmark Next