Chapter 557 Soybean Futures
·
Ku Mao
After Ma Xue agreed, she sneered and said, "I would like to thank Boss Chen in advance for helping my nephew pay off this debt."
Chen Mo smiled and ignored Ma Xue.
In his mind, he recalled the recent trend in the futures market in his previous life.
In the last life, today, there was a locust plague that had never happened in a century!
The locusts that filled the sky and fields passed through the country and swallowed up the largest soybean planting base in Daxia in an instant, causing the domestic soybean production to decrease by 50% compared with the same period last year.
This time the soybean futures market is just a small outlet.
The reason why it is small is because the overall volume of domestic soybean futures is small. It is not as big as international crude oil, nickel ore and other futures that are played by capital all over the world. Even if you invest hundreds of billions, the income will be sky-high. , which is more than one billion.
The size is small, and the profit is naturally small. If it hadn't happened to happen to Zhao Kai this time, Chen Mo wouldn't even bother to take action.
But now it seems that it is easy to win the bet with Ma Xue and trick the future queen of private equity into working in her company.
Many major events have happened in the domestic futures market, and this soybean market is the first major event in the new year.
First, domestic soybean production was severely reduced by the locust plague, which caused soybean prices to soar in the futures market. Capital from all walks of life entered the market one after another hoping to make a profit at the bottom.
Tragically, however, officials announced in the afternoon that they had reached comprehensive soybean import deals with several other countries to curb the rise in soybean prices.
It was these two pieces of news that caused soybean prices to go like a roller coaster in one day, first reaching the sky and then falling to the bottom.
At the same time, many investors who were eager to buy the bottom of the market bought their money halfway up the mountain, losing all the money they had lost.
"Xiao Zhao, I say, you do it."
After looking at the time, it was almost time for the locust plague to occur. Chen Mo glanced at Zhao Kai and said.
"Boss Chen, what do you want to buy?" Zhao Kai asked.
"Soybean futures, full position, leverage increased ten times."
Chen Mo said calmly.
"what?!"
Zhao Kai was immediately stunned.
After the domestic futures reform, the maximum leverage ratio is ten times.
Chen Mo actually wanted to increase leverage tenfold!
Ma Xue was also shocked!
Her eyes widened, and she couldn't help but complain: "Are you sick? Are you going to use ten times the leverage?"
"Do you know that with ten times the leverage, as long as the market price fluctuates by 10%, you will have to liquidate your position and lose all your money?"
When speculating in futures normally, no one would directly trade with full leverage.
Cover positions, stop losses, reduce positions, make detours...
All these strategies must be used to be a true futures master.
Chen Mo's way of playing is just like a loser's gambler!I don’t even care about my life, I just want to have a round of stud. If I win, I will make up my money. If I lose, I will die immediately!
However, most people who play this way have the latter result.
"Wouldn't it be better to force the position to close? Then I will pay off your nephew's debt directly." Chen Mo said with a smile.
Ma Xue: "..."
She has nothing to say.
Because she had no idea what Chen Mo was thinking.
Why is he so confident that he can win?
Zhao Shen couldn't help but said cautiously: "Boss Chen, although I don't understand futures, I know that the production of domestic soybeans has surged year after year in recent years, and the price has plummeted."
“This year’s expected soybean production is even five times higher than in previous years!”
"Are you sure you want ten times the leverage and a full position?"
Chen Mo nodded: "Believe me and do as I say."
Hearing this, Zhao Kai thought twice, then gritted his teeth and said, "Okay!"
Crackling~~~~
After a while of typing on the keyboard, with the support of ten times the leverage, the 4000 million principal turned into 4 million soybean futures.
Seeing Zhao Kai's buying operation, Ma Xue shook his head and sighed: "Just listen to his nonsense!"
"But it's okay, it's only 4000 million in principal anyway, and there's someone to protect you."
"When your position is liquidated later, I will teach you a lesson."
Just as Ma Xue finished speaking.
Zhao Kai suddenly screamed:
"It's fallen! The price has fallen!"
A group of people looked hurriedly at the computer screen.
Soybean prices, which were originally stable, took an inexplicable turn and began to fall.
It suddenly dropped by 6120 yuan from 300 yuan!
A drop of 5%!
Zhao Kai, who just entered the market with a principal of 4000 million, now has a floating loss of 2000 million!
This is the horror of the futures market!
In the stock market, especially A-shares, if you lose money, you will lose 10% in one day.
Futures are different.
Going bankrupt can happen in just a moment!
“How could this happen, why has the decline been so severe?
Soybean prices have been quite stable these days, right? "
Zhao Kai said anxiously.
"It's probably because a big investor has left the market and sold, so I'm telling you, you stupid boy, you can't believe what he said!
If the market opens by 300, you will lose half of your money. If it goes down by 300, your position will be liquidated! "
Ma Xue put her hand on her forehead and said helplessly.
She thought Chen Mo was so powerful!
result……
That's it?
At this time, not to mention Zhao Kai, even Zhao Shen, who had more confidence in Chen Mo, was beating the drum in his heart and kept looking at Chen Mo.
Chen Mo's expression remained calm and he said: "Don't be afraid, it's all expected."
This time, soybean prices did experience a drop before the outbreak.
But the drop is not very big.
And it is too close to the time when the locust plague breaks out.
If you wait until the price falls before buying, it will be too late.
Zhao Kai took a deep breath, fired his bow without turning back, gritted his teeth and said: "Boss Chen, it's okay, this is my own choice. Even if the position is really liquidated, you don't have to pay for it!"
Zhao Kai's words really made Chen Mo look at him with admiration.
"Zhao Kai, are you stupid? He obviously cheated you, but you still won't let him compensate?"
Ma Xue stomped her feet angrily, wishing she could strangle her nephew to death.
"He won't let you pay, so I'll let you pay! Anyway, our bet must be counted!"
Chen Mo chuckled and said: "No problem!"
However, as soon as Chen Mo finished speaking, the price of soybeans plummeted again!
This time, it dropped another 270 yuan!
Zhao Kai's book account showed a floating loss of more than 3800 million yuan, and his principal was less than 200 million yuan!
At this time, a pop-up window warned Zhao Kai on the futures interface, saying that his account was close to the warning line of liquidation, reminding him to stop when enough is enough and stop losses to save his life.
At the same time, the exchange also called Zhao Kai to inform him that his position was about to be liquidated, and asked him if he wanted to add a margin call.
But where does Zhao Kai still have money at this time?
His liver was shaking!
"Ha ha……"
Ma Xue sneered: "Chen Mo, I don't care what my nephew says, but we have agreed that if you lose, you must repay the 6 million debt!"
"Give money or pay off the company's debt? It's your choice!"
Chen Mo said helplessly: "This has just begun, why are you anxious?"
"Is there any point in stalling for time? Even if you don't liquidate your position, do you think the soybean market will explode today so much that Zhao Kai can make up his money?"
"I really don't know where your overwhelming self-confidence comes from?"
"Wrong operation method, wrong target selection, wrong entry point..."
"Everything about you is wrong!"
Ma Xue finally felt free to humiliate Chen Mo, an arrogant man.
He also gave his nephew a vivid lesson.
Zhao Kai turned to look at Chen Mo and said with some despair: "Mr. Chen, I'm afraid you've really fallen into trouble in the futures market this time. In the current situation, even the gods can't save you..."
Before Zhao Kai finished speaking, the price of soybeans suddenly exploded on the computer!
Chen Mo smiled and ignored Ma Xue.
In his mind, he recalled the recent trend in the futures market in his previous life.
In the last life, today, there was a locust plague that had never happened in a century!
The locusts that filled the sky and fields passed through the country and swallowed up the largest soybean planting base in Daxia in an instant, causing the domestic soybean production to decrease by 50% compared with the same period last year.
This time the soybean futures market is just a small outlet.
The reason why it is small is because the overall volume of domestic soybean futures is small. It is not as big as international crude oil, nickel ore and other futures that are played by capital all over the world. Even if you invest hundreds of billions, the income will be sky-high. , which is more than one billion.
The size is small, and the profit is naturally small. If it hadn't happened to happen to Zhao Kai this time, Chen Mo wouldn't even bother to take action.
But now it seems that it is easy to win the bet with Ma Xue and trick the future queen of private equity into working in her company.
Many major events have happened in the domestic futures market, and this soybean market is the first major event in the new year.
First, domestic soybean production was severely reduced by the locust plague, which caused soybean prices to soar in the futures market. Capital from all walks of life entered the market one after another hoping to make a profit at the bottom.
Tragically, however, officials announced in the afternoon that they had reached comprehensive soybean import deals with several other countries to curb the rise in soybean prices.
It was these two pieces of news that caused soybean prices to go like a roller coaster in one day, first reaching the sky and then falling to the bottom.
At the same time, many investors who were eager to buy the bottom of the market bought their money halfway up the mountain, losing all the money they had lost.
"Xiao Zhao, I say, you do it."
After looking at the time, it was almost time for the locust plague to occur. Chen Mo glanced at Zhao Kai and said.
"Boss Chen, what do you want to buy?" Zhao Kai asked.
"Soybean futures, full position, leverage increased ten times."
Chen Mo said calmly.
"what?!"
Zhao Kai was immediately stunned.
After the domestic futures reform, the maximum leverage ratio is ten times.
Chen Mo actually wanted to increase leverage tenfold!
Ma Xue was also shocked!
Her eyes widened, and she couldn't help but complain: "Are you sick? Are you going to use ten times the leverage?"
"Do you know that with ten times the leverage, as long as the market price fluctuates by 10%, you will have to liquidate your position and lose all your money?"
When speculating in futures normally, no one would directly trade with full leverage.
Cover positions, stop losses, reduce positions, make detours...
All these strategies must be used to be a true futures master.
Chen Mo's way of playing is just like a loser's gambler!I don’t even care about my life, I just want to have a round of stud. If I win, I will make up my money. If I lose, I will die immediately!
However, most people who play this way have the latter result.
"Wouldn't it be better to force the position to close? Then I will pay off your nephew's debt directly." Chen Mo said with a smile.
Ma Xue: "..."
She has nothing to say.
Because she had no idea what Chen Mo was thinking.
Why is he so confident that he can win?
Zhao Shen couldn't help but said cautiously: "Boss Chen, although I don't understand futures, I know that the production of domestic soybeans has surged year after year in recent years, and the price has plummeted."
“This year’s expected soybean production is even five times higher than in previous years!”
"Are you sure you want ten times the leverage and a full position?"
Chen Mo nodded: "Believe me and do as I say."
Hearing this, Zhao Kai thought twice, then gritted his teeth and said, "Okay!"
Crackling~~~~
After a while of typing on the keyboard, with the support of ten times the leverage, the 4000 million principal turned into 4 million soybean futures.
Seeing Zhao Kai's buying operation, Ma Xue shook his head and sighed: "Just listen to his nonsense!"
"But it's okay, it's only 4000 million in principal anyway, and there's someone to protect you."
"When your position is liquidated later, I will teach you a lesson."
Just as Ma Xue finished speaking.
Zhao Kai suddenly screamed:
"It's fallen! The price has fallen!"
A group of people looked hurriedly at the computer screen.
Soybean prices, which were originally stable, took an inexplicable turn and began to fall.
It suddenly dropped by 6120 yuan from 300 yuan!
A drop of 5%!
Zhao Kai, who just entered the market with a principal of 4000 million, now has a floating loss of 2000 million!
This is the horror of the futures market!
In the stock market, especially A-shares, if you lose money, you will lose 10% in one day.
Futures are different.
Going bankrupt can happen in just a moment!
“How could this happen, why has the decline been so severe?
Soybean prices have been quite stable these days, right? "
Zhao Kai said anxiously.
"It's probably because a big investor has left the market and sold, so I'm telling you, you stupid boy, you can't believe what he said!
If the market opens by 300, you will lose half of your money. If it goes down by 300, your position will be liquidated! "
Ma Xue put her hand on her forehead and said helplessly.
She thought Chen Mo was so powerful!
result……
That's it?
At this time, not to mention Zhao Kai, even Zhao Shen, who had more confidence in Chen Mo, was beating the drum in his heart and kept looking at Chen Mo.
Chen Mo's expression remained calm and he said: "Don't be afraid, it's all expected."
This time, soybean prices did experience a drop before the outbreak.
But the drop is not very big.
And it is too close to the time when the locust plague breaks out.
If you wait until the price falls before buying, it will be too late.
Zhao Kai took a deep breath, fired his bow without turning back, gritted his teeth and said: "Boss Chen, it's okay, this is my own choice. Even if the position is really liquidated, you don't have to pay for it!"
Zhao Kai's words really made Chen Mo look at him with admiration.
"Zhao Kai, are you stupid? He obviously cheated you, but you still won't let him compensate?"
Ma Xue stomped her feet angrily, wishing she could strangle her nephew to death.
"He won't let you pay, so I'll let you pay! Anyway, our bet must be counted!"
Chen Mo chuckled and said: "No problem!"
However, as soon as Chen Mo finished speaking, the price of soybeans plummeted again!
This time, it dropped another 270 yuan!
Zhao Kai's book account showed a floating loss of more than 3800 million yuan, and his principal was less than 200 million yuan!
At this time, a pop-up window warned Zhao Kai on the futures interface, saying that his account was close to the warning line of liquidation, reminding him to stop when enough is enough and stop losses to save his life.
At the same time, the exchange also called Zhao Kai to inform him that his position was about to be liquidated, and asked him if he wanted to add a margin call.
But where does Zhao Kai still have money at this time?
His liver was shaking!
"Ha ha……"
Ma Xue sneered: "Chen Mo, I don't care what my nephew says, but we have agreed that if you lose, you must repay the 6 million debt!"
"Give money or pay off the company's debt? It's your choice!"
Chen Mo said helplessly: "This has just begun, why are you anxious?"
"Is there any point in stalling for time? Even if you don't liquidate your position, do you think the soybean market will explode today so much that Zhao Kai can make up his money?"
"I really don't know where your overwhelming self-confidence comes from?"
"Wrong operation method, wrong target selection, wrong entry point..."
"Everything about you is wrong!"
Ma Xue finally felt free to humiliate Chen Mo, an arrogant man.
He also gave his nephew a vivid lesson.
Zhao Kai turned to look at Chen Mo and said with some despair: "Mr. Chen, I'm afraid you've really fallen into trouble in the futures market this time. In the current situation, even the gods can't save you..."
Before Zhao Kai finished speaking, the price of soybeans suddenly exploded on the computer!
