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Chapter two hundred and seventy eight: heavy

"Hey." Chen Mo poked Ellie's back with his finger.

Ai Li shrank to the corner of the bed and ignored Chen Mo...

"Forget it if you don't want to, I don't understand this thing anyway..." Chen Mo hugged Ellie.

Only then did Ai Li shrink into Chen Mo's arms: "It's not that I don't want to help you. It's that if you invest too much money, the difficulty of trading will increase exponentially..."

"Forget it, forget it. I'm so rich now that I'm in a panic. I might as well pay off part of the bank loan tomorrow." Chen Mo held Ellie in his arms: "Okay, don't be angry."

"No...I am...well, how much profit do you expect to get."

"How about 70%? If you invest 100 million, you will earn 70%. You can repay the bank loan just now."

Ellie opened her mouth: "It seems... you still don't understand. We are entering the market for three months. If you want to get 70% profit, the risk... is too great."

In the evening, Ai Li once again explained spot gold to Chen Mo...

According to the trading standards of the international gold margin contract, use the trading right to buy one hundred ounces of gold at the price of one ounce. Then use the trading right of this 100 ounces of gold to buy up, sell down, and earn the difference in profit. And if you add

If the price difference is enough, you can withdraw physical gold... which can also be understood as normal.

The New York gold market is currently the largest gold futures market in the world. Two-thirds of the gold futures contracts are traded in New York every year, but the transactions are highly watery and mostly speculation...

Ai Li explained to Chen Mo the trading rules of futures gold and spot gold. After talking a lot, Chen Mo understood a general idea...

Then she told Chen Mo about her team. If she wanted to trade 100 million, she would need to add a few more professional traders, but her classmates would also have to join in to help collect data and analyze market trends...

"But if you lose money, or if you lose everything, you can't blame me." Ai Li looked at him with Chen Mo in his arms, aggrieved: "If I lose your money, I can't pay it back. I will stay with you for the rest of my life.

Already."

Chen Mo hugged Ellie tightly in his arms, feeling Ellie's growing softness: "Okay. If you lose, you will give me your life. If you make money, I will give you my life."

Ai Li bit Chen Mo's shoulder hard.

The next day, Ai Li took Chen Mo to meet her partners and expressed her intention to hire this team...

Mature speculators, when entering the market, must first have a profit-taking plan, that is, they will stop immediately as soon as they make a profit. Snowball investment methods will often result in losing all their money...

These people have a profit plan. Chen Mo earns a weekly salary of US$950 and US$2,300.

The entire trading period is 3 months. Not counting Ellie, there are 15 people, with a total salary of 20,800 US dollars. Three more professional traders are hired. Each of them has a monthly salary of 10,000 US dollars. Three people, three

That’s 90,000 per month.

And they are remunerated with 2% of the profit after trading. The three professional traders have very high salaries and enjoy the same sharing treatment as everyone else. A total of 18 people share 2% equally.

The estimated profit is 70 million, and the 2% profit sharing reward is 1.4 million US dollars. This profit sharing point may be high or low... It may even be a loss at the end of the trading period, then there will be no profit at all.

.

First, I applied for two accounts.

Inject 70 million into account a.

Inject 30 million into account b.

In the cash gold market, the overall trend is still downward.

The entry of large funds into the market, ranging from RMB 1 to RMB 100 million, can theoretically leverage tens of billions of funds. But in that case, one wrong step will cause an explosion on the spot.

The first day was to open a position, and account A was to buy up.

Account b buys or sells.

Account a successively bought and sold 1,612 lots at several low prices using margin, and the account made a profit of US$216,000.

Account b was buying and selling, with a total of 1,710 buys and sells, and the account profit was US$463,000.

Spot gold is traded 24 hours a day, with two days off on weekends.

Trading work is from 8:30 am to 8:00 pm every day, with rest the rest of the time.

In the past, Ellie used to spend more than seven million U.S. dollars when operating stocks. But now, a day's profit and loss can amount to a million dollars if you don't pay attention.

I'm still practicing now, and when the time comes, my profit and loss may be tens of millions a day.

That night, when she returned to her residence, Ellie watched Jimmy and the others sort out the news, gold futures, and news on major political situations.

Chen Mo poured Ai Li a glass of milk: "You hold positions on two fronts, can you tell?"

"You see, it's very simple."

"I..." It's like a human-machine

Today, Chen Mo watched Ai Li constantly instructing the traders to buy and sell. Ai Li stared at the numbers on several computers that were constantly beating, popping up points one by one, asking people to buy and sell...

It is as if there is a function of predicting in advance. The buying accuracy rate at the point revealed by Ellie has reached over 85%. And the prediction curve trend, although it is not accurate to a decimal point, is accurate to single digits, and the accuracy rate is actually

It's about 70%. There is an error, but it won't be particularly huge.

Of course, in actual operations, there are also many losses.

Chen Mo didn't want to ask anymore. He asked too many questions and couldn't understand. If he continued to ask, his self-confidence would be shattered.

Chen Mo stopped talking and went over to massage Ai Li's shoulders...

the next day.

Ellie opened a futures account but did not move it...

I am still wandering in the spot gold market, focusing on being a speculator.

A total of 5,121 lots were made on the second day, with a total profit of 31,000 yuan.

Originally, there was a good profit point. If the position could be closed, the profit would exceed one million US dollars...but there was a big fluctuation.

In the following time, the price of gold has been falling, falling to the lowest price of US dollars per ounce.

Ellie started to increase her holdings in account A and took a fancy to the contract...

But gold prices are still falling.

It has fallen to $1190.

Buying from US$1,210, a total of 6,000 lots are held in account a.

6,000 lots were purchased at different prices, resulting in a loss of 7.8 million.

6,000 lots, gold fell by 1 yuan per ounce, and the account lost 600,000.

"Boss... why don't you... close your position?" Jimmy was frightened: "Look at the news, the Federal Reserve will announce that it will continue to raise interest rates."

Ellie looked solemn...

The Fed's announcement to raise interest rates means that the U.S. dollar will appreciate. If the U.S. dollar appreciates, investors will increase their investment in the U.S. dollar...

On the contrary, the dollar is strong...

Investors are more willing to invest in US dollars, thereby reducing investment in gold. The reduction in the number of people and funds investing in gold will inevitably lead to a fall in the price of gold.

"It's already 1,187 U.S. dollars, is it going to fall again?" Ellie was a little frustrated. Recently, a lot of information collected showed that the price of gold is going to rise. For example, the United States has a large amount of national debt that needs to be repaid...

"Should you close your position? Or be a gambler..." There is enough margin in the account. Even if it drops by dozens of dollars, you are not afraid of the risk of liquidation...

but……

In less than a month, the price of gold fell by more than $50.

Could it be that my judgment was wrong...


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