Chapter 2324: The Advanced Financial Market Does Not Cheat the Poor
"It is obvious that someone is stirring up trouble now. It is obviously the group of people who played with leverage who brought this upon themselves, but this group of media outlets are trying to put all kinds of accusations and dirty water on you.
Journalism has taught them the ropes." He Chaoling stamped her fair and tender feet indignantly.
"Well, this is indeed disgusting. If it gets serious, it will affect the share price of the subsidiary."
Chen Mo said helplessly.
Public opinion is a double-edged sword for super large companies. If used well, it can double their market value, but if used poorly, it can even cause them to go bankrupt.
Chen Mo felt that he could no longer let the media or his opponents lead the pace in this way. After thinking about it, he opened his computer and wrote a public relations article himself and posted it on Mo Xun's Weibo.
Title: "The advanced financial market is a place where people are eaten without leaving any bones"
Contents:
Today I saw two articles: "He lost 10 million yuan by shorting the country and committed suicide with his wife, and killed his daughter before jumping into the sea" and "A billionaire entrepreneur lost billion yuan by shorting the country and committed suicide."
To be honest, when I saw these two news, I felt very sad and emotional.
I understand the despair of Zhang Tietong and Zheng Wei when their positions were liquidated, because I am actually not as mysterious as everyone says. I have also had positions liquidated and my assets have been reduced to zero.
The difference is that I didn’t commit suicide. I bore the pressure, the debt, and continued to borrow money to make a comeback.
The advanced financial market is a place where people are eaten without leaving any bones!!!
Short selling itself is very risky, and short selling a country is the biggest risk in the financial market.
Whether you are shorting or going long, there is no reason why it should not oscillate in one direction all the way.
Compared with the unleveraged stock and bond markets, the biggest feature of the advanced financial market is leverage.
Although stocks and bonds also have the risk of returning to zero, if you invest in long-term rising value assets and hold them for a long time, the risk is basically zero.
Once leverage is added, the risk becomes 100%, because you have a liquidation point (the risk of all assets being wiped out) and a 100% risk of being penetrated.
Since I started shorting, countless people around me have said that they want to play contracts with me, but I rejected them all without exception.
Many people make the mistake of thinking that as long as my leverage ratio is low enough and the margin is large enough, my risk will be low and I will never get liquidated!
As someone who has been through this, I can tell you that as long as you add leverage, let alone 10x or 20x, even a 1x leverage has the possibility of being blown up.
There are gains and losses in this market, but there are more losses. A few years ago, a young man from Moxun made 3 million yuan in the bull market, but now he has to deliver food because of his losses in contract trading! If you don’t know how to stop the money you earn by luck in time, then one day you will lose it by strength, and even lose the principal!
Advanced financial markets such as futures, foreign exchange markets, and various leveraged stock markets are indeed a place where miracles are created. Some people can achieve financial freedom here, but more people gradually leave in disgrace.
This circle is no different from a casino. With leverage of 10x, 20x, even 50x or 100x, a slight fluctuation may lead to a tragic liquidation. Playing with contracts and leverage is essentially the same as gambling. As long as you keep gambling, you will eventually be a loser. The only one who will have the last laugh is the dealer.
According to the data I have obtained, in all financial markets around the world, more than 90% of leveraged users lose money.
All kinds of shady dealings and insider trading are rampant in this circle, and all players cannot escape the fate of being ripped off.
Oh, of course, this circle has another advantage, which is that it does not cheat the poor.
Those who dare to leverage finance are not ordinary people. They must at least be wealthy, or they are pure gamblers, including the deceased Mr. Zheng and Mr. Zhang.
So I would like to ask some media not to exaggerate the emotions of so many ordinary people who have lost their fortunes due to short selling. Remember, there are no ordinary people who have their positions liquidated, and ordinary people don’t even know what “short selling” is.
I would like to advise some investors not to try leverage. If you can avoid it, don't do it. Once you do it, you will get addicted. Once you get addicted, you are not far from losing money. Do you think you can beat the dealer by using leverage in contracts?
Looking at the K-line data analysis, is the long-short ratio useful? You are just an ATM for the dealer.
……
……
After this blog post of several hundred words was published, the number of views quickly exceeded billions.
In fact, the vast majority of netizens have no ability to think for themselves, especially in 2008, when the Internet was far inferior to that of later generations, and many people worshipped the media as if it were a god.
However, after reading Chen Mo's blog post, many netizens suddenly realized it.
"I support Kong Shen. I was indeed led by others before. I got carried away and came here to scold you."
"What Kongshen said is correct. The high-end financial market does not cheat ordinary people."
"I really don't even understand what short selling is. All my relatives are ordinary people. They don't even have an A-share account, let alone more advanced financial markets."
“Think about it carefully. The net worth of Zhang Tietong who committed suicide exceeded 10 billion. Even if his position was liquidated, as long as he wanted to continue living, he would definitely be a lean camel that is bigger than a horse. He would definitely be able to live a hundred times better than us!
Even the guy named Zheng Wei has more than 2000 million in cash, houses, cars and other assets! How can he be called an ordinary person?
The media defines these rich people as ordinary people, and some even imply that they are poor, and then let us ordinary people blame Chen Mo, which is really disgusting!"
"I suddenly understand. Before reading this article, I didn't even know what leverage was! It turns out that you guys are so scary in the advanced financial market. 1 million can be leveraged 10 times and used as 10 billion!"
"God Kong is right. The high-end financial market is a casino. No matter who you are, you have to accept defeat!"
“Many of those who come to scold Mr. Chen are probably gamblers whose positions have been liquidated and whose mentality has collapsed!”
"That's right. Ordinary people like us don't even touch the stock market. Seeing hundreds of thousands of people's positions being liquidated would only be a joke. Who would be so angry as to curse the God of Short Selling?"
"..."
With just one blog post, Chen Mo easily reversed the direction of public opinion.
All the responsibility was put on the media and the group of players who followed the trend and shorted the market.
In fact, Chen Mo is not completely innocent.
If he wanted to, there was a way to bankrupt the country of Croatia without hurting these people.
Unfortunately, Chen Mo is not so kind-hearted. He is also a capitalist now.
the other side.
Shang Wangfu.
A shocking operation by Chen Mo and the Six-Nation Alliance directly reduced Shang Li's 1 trillion to more than 3000 billion.
This is the result of Su Youcai's quick eyes and quick hands.
If Su Youcai had hesitated for a few more minutes, the 3000 billion would have been wiped out!
