Chen Mo sorted out the safe files and kept unimportant files locked in the office safe. Important files were packed away and taken home to be locked in a safe with a higher security level at home...
Then I packed some clothes and drove the BMW x7 out.
It was getting late, so Chen Mo first went to the feed factory in Moro Valley. The factory office area is now the Valley Ranch Logistics Department Office, and listened to their work report.
The department manager, George, used to be a subordinate of Cons. Now this department is independent and the required funds are applied directly to the Finance Department.
Then I went to the breeding department, where department manager Kang Si was responsible for breeding, epidemic prevention, regular and irregular inspections of the ecological environment in the pasture, and supervision.
Then there is the pasture department, with department manager John, deputy manager Hank, and temporary deputy manager Brooke, who are responsible for raising cattle and sheep.
There are 26 people in the Agricultural Department, and the department manager is still John. John does things carefully, conscientiously and responsibly. He can handle the troublesome work in an orderly manner. Before, Bright asked Chen Mo for John.
Chen Mo did not agree...
River Valley Ranch can live without Moxie and Cons, but John will definitely stay. He is a good grassroots manager, so it saves you worries.
The CEO is Moxi, who is in charge of the Administration Department and the Commerce Department.
The financial department of the ranch is an independent department, and the financial director is Chris Ivan, a senior accountant recommended by Wells Fargo Bank.
Then there is the legal department. River Valley Ranch has two lawyers who also work part-time as administrative clerks at the ranch.
At Valley Ranch now, there are only a few people in the administrative department and commercial department directly under Moxi. They all do several jobs by themselves, and there is not much work in the first place.
I walked through each department and listened to their work reports. After nothing happened, I left the ranch and went straight to San Jose.
Ellie was quite obedient and did not go through the discharge procedures. However, she continued to study the materials sent by Jimmy in the hospital bed. Even when Chen Mo went in, Ellie didn't notice.
Chen Mo stood next to her and looked at her for a while, then reached out and knocked her on the head: "What are you doing? I told you to have a good rest."
"Hehe, you're here... I'm fine." Ellie flipped through the trading curves of spot gold over the past few dozen days: "Come over and see if there are any similarities between these trading curves and the price curve."
Chen Mo couldn't understand the curve like an earthworm crawling, and he didn't bother to look at it.
"Are you really ready to enter the gold market?" Chen Mo said cautiously.
"Well, I want to go in and give it a try. You will support me, right?" Ellie pouted cutely.
"With these levers that can easily be magnified hundreds of times, the risk will be too great."
Ellie was still holding salt water in her hand, but she hugged Chen Mo's arm nonchalantly, and said in a cute and coquettish way: "Leverage multiples and risks... there seems to be no direct and inevitable relationship. High positions are the source of risks."
Chen Mo smiled bitterly. In the past, Chen Mo would have been fooled by Ai Li, but now...
Ellie is right, risk has nothing to do with leverage.
High leverage equals high risk, which is a common public perception that has been circulating in the investment world for a long time. But in fact, it is not...
The price of gold is now US$1 ounce, and one lot of spot gold is 100 ounces (US$125,530).
The margin for one hand of gold is 1,000 US dollars, which is 125.53 times the leverage. If you buy it wrong, and there is not enough margin... it will be liquidated if it fluctuates by 6 US dollars. The general liquidation rule is that the net value is lower than 20% of the used margin.
The system forcefully closed the position, leaving about $200 in the account.
Spot gold, this thing is very exciting. Generally, the price fluctuation of 1 ounce of gold in a day is within the range of 5 US dollars. The fluctuation of 30 US dollars will also be...
Anyway, if you want to make more money, you have to take greater risks. There is no doubt about this.
If you invest 1,000 US dollars, you may even earn two to three thousand US dollars in one day. You may also be liquidated and exited in a few minutes... Entering the market with 1,000 US dollars is the so-called full position. It is extremely risky and no normal person would do this.
.
High leverage transactions are all margin transactions. High leverage is not the source of risk. High position is the culprit of risk.
The higher the position, the higher the risk. Controlling the position is the only way to control the risk (risk of liquidation)...
It seems that a big hoarder once fooled me like this: If you buy it back, no matter it goes up or down, you won’t lose money if you don’t sell it...
If you use high leverage and have a large account balance, you may have other worries, such as buying another lot? As a result, you cannot control the position well. If you don't pay attention, the position will be liquidated suddenly.
If you want to make money in the highly leveraged market, you must leave enough funds in your account. Therefore, if the leverage is originally 100 times, the actual investment must be more...
Futures and the stock market actually use leverage. If the position can be controlled, the risk of futures is smaller than that of stocks. The leverage of futures is controlled by investors, and the leverage of stocks is controlled by listed companies. But the leverage of futures is magnified, and
It's so tempting... One hundred times the leverage, one hundred times the profit, a person's inner desire will be amplified a hundred times. If the leverage is two hundred times, then the person's inner desire will be amplified two hundred times... As long as it is a human being
, there is desire, and this thing is not so easy to control.
Chen Mo looked at Ai Li for a long time: "Are you really sure?"
"I will take a closer look and do some medium and long-term operations and some short-term operations. Seventy to eighty percent should be able to make money, but how much can you make... If you want to make more, you have to face more risks. I still have this problem.
I haven’t researched it thoroughly, so I have to go back and calculate it carefully..."
Chen Mo reached out and touched Ellie's forehead. She no longer had a fever, but felt a little cold: "Have you had lunch?"
"I've eaten. It was delivered directly from Dougson's Restaurant..." Ellie reached out and hugged Chen Mo's arm: "I want to be discharged from the hospital. It's too boring in the hospital."
"I'll ask the doctor."
The doctor came over to check on Ellie's question and made a suggestion to stay another night. Ellie's current condition is still very unstable and may relapse at any time.
After the IV drip was finished, Chen Mo accompanied Ai Li for a walk: "What do you mean, the financial crisis may be coming?"
"I don't know. This is something that no one can say for sure...it's just a holiday, and no one wants to go out to work. I said before that I would enter the gold market this summer, and I have been studying spot gold..."
"Are your classmates very good?" Chen Mo was speechless thinking about their previous proposal to increase the ratio from 5% to 10%.
Ellie scratched her head, shook her head, and nodded again: "We each have our own strengths. What I'm best at is calculation... Some people are good at trading, and some are responsible for collecting news, information, data, analysis, etc. The main reason is that we have had previous experiences.
By cooperating, everyone can trust each other. When entering the market, of course, the more money, the better.”