When she got home, Ellie sat on the sofa with her hands around her knees...
"Don't you take a look at the market in Wellington?" Chen Mo felt a little distressed and guilty when he saw the depressed Ellie.
With a capital of 100 million, as long as they are not heartless... normal people will feel pressure.
Today's market is like a roller coaster, with two consecutive wrong predictions...
The capital of spot gold exceeds 20 trillion, and more than half of the funds are concentrated in the US market. Even under the general trend, it is very difficult to predict the direction of this market. It is very difficult.
No one in the gold market can say that they can accurately predict the price curve. They can only predict a general direction... This... is like a big gamble.
Ellie's mentality exploded today, and her eyes were a little empty.
The leverage of the gold market has increased by more than 100 times, and the desires aroused in people's hearts have also amplified. This... is more tempting and more frightening than tainted milk powder.
With a capital of 100 million, a gain of a few dollars can be magnified into a loss of millions or tens of millions of dollars. In the past, when operating in the stock market, one could calmly analyze and make long-term stable profits. But in the spot gold market, Ellie finally
He is a newcomer, and it is the first time he has mastered such a large amount of funds...
Without absolutely enough self-control, when entering the spot gold market, this person will unconsciously become a gambler. Those who lose money want to win back. Those who win money want to win more...
If you can't control your desires, you will be in an abyss.
Spot gold is a market maker system. The two parties of buying and selling are investors and exchanges. They can immediately trade at the current price. There is no need for other investors to take orders like futures...
Ellie leaned in Chen Mo's arms and looked at the Wellington market... Wellington market is also the New Zealand market, followed by Sydney (Australia), Tokyo (Japan), Singapore, Germany, London...
New Zealand is a small market.
Affected by price fluctuations due to the closing of trading in the United States, New Zealand entered into a decline at the opening. The US dollar opened and fell below 1,198 US dollars in a few minutes. The price jumped once after a few breaths...
Ellie puffed up her cheeks and watched the price fluctuations on the handicap. She tightened her body in Chen Mo's arms and hugged him hard...
"If my calculation is correct, the price of gold may fall to around US$1,150. But there will definitely be price fluctuations in the middle... What do you mean by continuing to speculate or sitting on steady gains?"
"How long does it take to fall to 1,150 US dollars? How much is the profit from a steady profit, absolutely safe operation?" Chen Mo showed an ugly smile. Today, he was really scared.
They are considered an unregistered hedge fund company.
Invest 100 million, and set the liquidation line at 20%.
The liquidation line of 20% means that the net value of the account is lower than 20% of the margin ratio, and the system will forcefully close the position.
…
For example, there is $10,000 in the account.
At this time, the account can operate up to 10 lots, with a loss of $800 per lot...that is, if the price of 1 ounce of gold rises or falls by $8, the position will be forcibly closed by the system.
If you operate 5 lots, the liquidation will only be triggered when the loss per lot is US$1,800, that is, when the loss per ounce is US$18.
If you operate 2 lots, you will need to lose $4,800 before the position is closed, that is, it will only be triggered when you lose $48 per ounce.
…
Like today, gold experienced gains in the U.S. dollar, with a few small ups and downs before reaching the highest level in the U.S. dollar.
One day's rise and fall, $15.
Spot gold prices fluctuate greatly within a year. Prices of a few dollars or more than ten dollars are common, and there are even rises and falls of tens of dollars...
At 1:00 p.m., Ellie went long with a full position...it started to close the position after it rose from around the U.S. dollar to the U.S. dollar. In just two hours, she made a profit of 23.38 million U.S. dollars using 83.52 million U.S. dollars.
If you go long with a full position in US dollars in the morning, use 94.29 million US dollars until you close your position in US dollars. In theory, you can earn 120 million US dollars in one day today. There are still several gains in the middle. The most extreme operation is to find out every
At a certain point, you can even earn more than 150 million... This is great.
But if you lose money, the same is true. It doesn't even take a day to lose 100 million.
What Ellie said about steady profits is a two-line operation. One account buys up, and the other account buys down. Use the profit to make up for the loss, and steadily let the gold in your hand reach a fairly low level. Such a hedging method
, the losses are only some handling fees, overnight fees... When it reaches a low point, the short selling position will be closed, and the bullish gold will wait for appreciation.
Spot gold is a market maker system. The two parties of buying and selling are investors and exchanges, so there is no need to worry about not being able to close the position.
But how to balance the two positions requires precise calculations.
Ellie estimates that gold will fall to around $1,150, but... who can say for sure. No one can accurately judge this thing...
Ellie originally planned to use this operation mode. But her computing power was too powerful. At first, she operated on two lines, but both lines of operation were making money...
Chen Mo sniffed the faint feminine scent of Ellie: "How sure are you that the price of gold will drop to 1,150 US dollars?"
"7 points. For the short sellers in the gold market, the Fed's interest rate hike is good news, and the price of gold should definitely not rise against the trend. Today's futures gold is falling, spot gold and futures gold are derailed. Today should have been a day of decline.
"But the spot gold market and futures gold are different after all. I should review my recent operating mistakes..." Ellie scratched her hair in distress.
Regardless of spot gold or futures gold, the most fearful thing is to enter the gambler's state. Ellie was driven to collapse by several consecutive mistakes in judgment...
The biggest shortcoming of genius is excessive self-confidence.
"Then... short selling of 20,000 lots is speculation?" Chen Mo was a little confused by Ellie.
Ellie's heart was still beating, but now she calmed down and broke out in a cold sweat: "Yeah. But this time it will definitely not be wrong. If spot gold goes against the trend and rises to 1,200 US dollars, the bookmakers in the New York gold market will not be able to sit still...
…”
Chen Mo gently scratched the tip of Ellie's nose: "I'm going to cook. I want to eat something."
"Steak, I'd like some red wine..."
Chen Mo opened a bottle of red wine first and then went to the kitchen.
Both of them drank some wine and went to bed early...
Ellie had a very bad sleep. She woke up several times in the middle of the night and talked in her sleep: Down, down, down...
Early the next morning, the first thing Ellie did when she woke up was to look at the London market.
The price of gold in the London market has fallen to $1,197...
"My dear, I've made money." Ellie's eyes were red and she didn't sleep well. She said and kissed Chen Mo on the face.
"Yeah. I know..." Chen Mo didn't sleep much all night and looked at his phone from time to time.
"I'm going to the studio, will you bring us breakfast later?" Ai Li leaned into Chen Mo's arms.
"Today, I want to take a day off. I didn't sleep well last night."