Chapter 309 Order 3 Fast Foods

After falling continuously from the peak, the price of cotton futures suddenly started to turn upward.

And the momentum is very fierce.

In just such a blink of an eye, the price soared by 1800 yuan. It not only broke through the previous high point, but also had full stamina and rushed towards a higher peak.

"It's going up! It's going up!" Zhang Jiang exclaimed in horror.

Zhou Kai stared at the market. Not only had all the floating losses been wiped out in his account, but he had even made hundreds of thousands in profit.

If he sells it at this point, his principal of 80 will still be 148 million after deducting handling fees!

"It's only been a few minutes. It's been less than an hour since the market opened. It's only been about ten minutes since I entered the market..."

Zhou Kai looked at Li Jin in disbelief.

He also works in finance and is no stranger to the stock market and futures.

But after being around for so many years, this was the first time he felt that the futures market could actually play like this.

In just ten minutes, the reward was nearly doubled.

This kind of money-making speed is really faster than a money printing machine!

"You, how are you sure it will go up?" Shocked, Zhou Kai completely admired Li Jin. Even when he asked questions, he was as modest and polite as asking a teacher for advice.

"In recent years, my country's cotton cultivation has been expanding production, and this year's production has accounted for 23% of the world's total cotton production."

Li Jin opened a piece of data from an authoritative statistical website, pointed to the above report and said calmly: "Therefore, our country's cotton harvest will be poor this year, with the proportion reaching 40%, which will directly lead to a reduction in global cotton production."

"The previous rising market was just a domestic market reaction, but there was no movement in the international market."

"So we just need to wait until the price of cotton in the international market rises, and then funds and hot money will flow into the source of this incident, which is the domestic futures market, as soon as possible."

Li Jin chuckled and said calmly: "Domestic funds are enough to push the cotton market by 16% in just over minutes. So how much can it rise when international funds pour in?"

Li Jin's words caused silence in the office.

I don't know how long it took, but Sun Yao gritted his teeth and broke the silence with a sullen face, "You're lucky!"

"From 98% of the book's floating losses, the loss was wiped out in an instant and the profit was nearly doubled. The price difference was nearly doubled. This is not something that can be explained by luck." Zhang Jiang sneered and glanced at Sun Yao. said.

Sun Yao groaned, and was shocked by Li Jin's dramatic method, but he still said stubbornly: "Don't forget, Li Jin wants to achieve 600 million within today. If he cannot achieve it, he will lose."

As he said that, Sun Yao stared at Li Jin coldly and sneered: "So don't be happy too early. I don't believe that the price can increase seven times in one day? What a joke!"

Li Jin ignored Sun Yao. He stared at the screen on the computer and was recalling all the information about this market situation in his previous life.

In the memory of the previous life, the price of domestic cotton futures peaked at 23800 yuan. Then in the afternoon of that day, after the country announced that it had reached cotton import agreements with several other countries, the entire cotton price began to fall in retaliation.

If it's a stock, you can't make much money with such large fluctuations in the market within a day.

After all, stocks can be bought today and sold tomorrow, and they can only go in one direction.

But futures are different. You can buy and sell at any time, and you can also do the opposite.

In this way, this kind of market with huge ups and downs has a large profit margin.

"Continue to increase positions and use the previous book profit to make pyramid-shaped positions." Li Jin said suddenly.

There is a very special trading rule in the futures market, that is, when you have a profit in your book, you can use that part of the profit to make a purchase even if you have not sold to close the position.

On the one hand, this greatly increases profits, but on the other hand, it also expands risks.

For example, Zhou Kai's initial capital of 80 yuan has already earned 148 million yuan. With an extra profit of 68 yuan, he can buy this part again.

But similarly, Zhou Kai's ability to resist risks has also declined.

As long as the price falls below the position line, it will also be the result of liquidation.

Li Jin's instruction made Zhou Kai's heart skip a beat.

Although he was a little afraid of risks, Li Jin's magical operation just happened. Zhou Kai didn't hesitate much, gritted his teeth, and started to carry out Li Jin's instructions directly.

Sun Yao next to him sneered and said, "It's really nonsense. I've never seen someone so fearless. If you buy now, the price will drop by 500 yuan and your position will be liquidated."

"My surname is Zhou, I advise you to just close your position and get over it. If you leave now, you can still make a profit of 68 yuan. Otherwise, you will lose even 80 yuan of capital later."

Zhou Kai, who was already feeling frightened, became irritated and said coldly: "You don't need to care about my money."

While talking, Zhou Kai had already executed the buying operation.

In the following period, amid Sun Yao's cynicism and Zhou Kai and Zhang Jiang's apprehension, the price of cotton futures tended to be a relatively stable trend.

There are slight increases and decreases, but the amplitude is not large, and the price always fluctuates around 16000 yuan.

Near noon, Li Jin stood up, stretched, and said, "It's time to stop trading. If the market is good, it will be afternoon. Let's eat first."

Sun Yao sneered: "Let's see how you die this afternoon!"

"When I think about someone giving me 600 million for free this afternoon, I'm really looking forward to it."

Zhou Kai stared at Sun Yao coldly, turned to Li Jin and said, "Mr. Li, let's go to a nearby hotel for dinner?"

Li Jin shook his head and smiled: "No need, I'm not used to running out when I'm doing transactions, so I'll just eat something in the office. You can ask someone to deliver three snacks."

Zhou Kai was stunned. He had planned to treat Li Jin well, but he was a little at a loss at this moment.

The takeaway is too shabby.

But Zhang Jiang interrupted and said with a smile: "Old Zhou, listen to A Jin and order fast food, three portions."

Zhou Kai looked at Sun Yao, whose face was as red as pig liver and looked ugly, and suddenly understood, he laughed and said, "Okay, I'll order someone to prepare it right away."

Although he said that, it was naturally impossible for Zhou Kai to actually order lunch boxes and fast food. Instead, he ordered his staff to go to the hotel he had booked before and pack up all the dishes.

Soon, a desk put together in the office was filled with delicacies.

But there are only three servings of cutlery!

People, but there are four of them!

Seeing Li Jin, Zhou Kai, and Zhang Jiang, they each found a chair and sat down, picked up the tableware and started chatting and eating happily. Sun Yao, who was deliberately left aside, turned blue and white.

"How dare you humiliate me like this!?" Sun Yao growled through gritted teeth.