Chapter 495: The Beauty Accompanies the King, Futures Are in Trouble

Following the release of the negative announcement by Sumitomo Metal Mining Co., Ltd., the copper futures market was like a collapsed building, with prices plummeting.

Lin Lang closely followed the changes in the copper futures market. Looking at the ever-increasing figures in his account, he proudly replied, "How is it, wife?"

"Your charlatan husband is pretty capable, right?" Lin Lang was somewhat complacent.

Chu Yiren's eyes gradually widened, her face full of disbelief. She turned to look at Lin Lang, only to see that he looked calm, as if all this was within his expectations.

"How did you know that Sumitomo Metal Mining Co., Ltd. would issue a notice announcing bad news about copper futures?"

"Do you have inside information?" Chu Yiren was still immersed in shock.

Lin Lang raised his chin slightly and replied perfunctorily: "There is no inside information. I am just doing in-depth research on the market dynamics of expired copper and gaining insights from various clues."

Chu Yiren stared at Lin Lang as if he were a monster, and said, "Husband, don't play tricks on me. Tell me quickly, do you have any inside information about the bad news about copper futures?"

AI generates beautiful pictures of Chu Yiren

"Wife, I really don't have any inside information."

Chu Yiren said in disbelief, "Without the inside information of the bad news about copper futures, how dare you gamble 100 billion yen, leaving no funds for margin and reserve margin, and go all in to short copper futures?"

Lin Lang could only lie and say, "The recent fluctuations in Sumitomo Metal Mining Co., Ltd.'s production data, inventory changes, and the subtle relationship between the international copper price trend gave me a vague premonition."

"Combined with their recent strategic adjustments to a series of mining companies, I made a prediction for Sumitomo Metal Mining Co., Ltd."

"The result shows that the hexagram shows that the official ghost line is facing the black tortoise. The black tortoise in the six lines represents darkness and thieves."

"This hexagram is a reminder that Sumitomo Metal Mining Co., Ltd. will have villains and thieves. It means that in the seemingly peaceful and safe internal environment of the company, there are people or hidden dangers that are not easy to detect but may cause harm."

"To put it bluntly, it is like the old saying that it is difficult to guard against thieves in the house. They may secretly sabotage, steal profits or create disputes, causing Sumitomo Metal Mining Co., Ltd. to suffer unpredictable losses or difficulties."

"Therefore, based on my professional financial analysis and bold speculation based on divination, I bet that Sumitomo Metal Mining Co., Ltd. will release such a major negative news on copper futures at this time point in the night trading today."

After hearing this, Chu Yiren looked at Lin Lang with great admiration and exclaimed: "Husband, your analytical ability is amazing, you are simply a genius in financial investment!

I have to say that Lin Lang’s brain is really sharp. He dispelled Chu Yiren’s doubts with just a few words.

Miss Chu couldn't imagine that Lin Lang would be someone with system assistance.

Lin Lang replied modestly: "It's just luck, nothing special."

Chu Yiren stared at the account, the number soaring like a frantic pulse. Her eyes were shining with an irrepressible light, and she pulled Lin Lang's arm and said, "Hubby, how bearish can we be on the copper futures crash this time?"

"What should we set as the closing line for taking profit and cashing out?"

Lin Lang frowned slightly, staring deeply at the trend curve on the screen, and spoke slowly in a thoughtful manner.

"Although the price of copper futures has fallen sharply, the market is unpredictable."

"From the perspective of current technical indicators and the spread of market panic, if the price falls below the previous key support level and the trading volume continues to increase, the downward trend may continue."

Chu Yiren said after hearing this: "Then we should pay close attention to the extent of the spread of panic in the market. If the sell-off continues to intensify, the price may fall further. We will hold on to the short positions in our hands to increase our profits."

"However, we should also be wary of a sudden reversal in the market. After all, Sumitomo Metal Mining Co., Ltd. may take some emergency measures to stabilize stock prices and futures prices, such as using reserve funds to repurchase contracts or issuing favorable supplementary statements."

“So, we have to set a stop-profit point to ensure that the existing profits will not be wiped out.”

From Chu Yiren's remarks, it can be seen that she, the daughter of a chaebol, has inherited her father Chu Jincheng's business acumen, and is also a top expert in financial investment.

After hearing this, Lin Lang said, "Wife, you have considered it very carefully."

"The current copper price has fallen by more than 22%, which is absolutely a sharp drop. Most long positions have been liquidated by short orders."

"Based on my professional analysis, this stampede of panic short selling will not last long. If the current copper price drops sharply and exceeds the annual support level of 30% to 32%, it will most likely start to bottom out and rebound."

"So the price for our stop-profit order is set at 788018 yen for copper futures."

"Once the stop-profit closing is successful, then we will remove the 5% margin, and the 95 billion yen short copper futures short position will make a profit of 30.4 billion yen."

"Nice!" After saying that, Lin Lang curled his lips and snapped his fingers.

It is worth mentioning that the trading unit of one copper futures contract in Sakura Country is usually 5 tons, that is, the price of copper futures per ton is 157603.6 yen.

Chu Yiren nodded repeatedly after hearing this, and her heart was full of trust and expectations for Lin Lang's decision.

However, as a mature Shanghai business tycoon, Chu Yiren advised for the sake of insurance: "Husband, to prevent the risk of rebound, I think when the profit reaches about 25 billion yen, you can consider gradually closing the position and locking in the profit, and then decide based on the subsequent situation."

"After all, we can't be too greedy. We need to cash in at the right time to ensure that this gamble ends in a safe outcome."

In fact, what Chu Yiren said made a lot of sense. If there were no system prompts, it would be right for Lin Lang to adopt Chu Yiren's suggestion and consider gradually closing positions and taking profits, cashing out part of it first to lock in profits, and then making a decision based on subsequent situations.

But Brother Lang was a systematic person, so he declined, saying, "Wife, you are right, but please trust my professional analysis. I will never close the position until I reach the profit line of 32% profit."

Chu Yiren did not say much after hearing this, but carefully checked the transaction data and the latest news in the copper futures market, and conducted professional investment analysis.

I have to say that Miss Chu is quite smart. After a series of data analysis and comparative studies, she quickly came to a conclusion.

"According to my market analysis, after the copper price drops by more than 30%, it will drop two points to the Fibonacci retracement line support level, and it is likely to bottom out and rebound strongly."

"Honey, the price you proposed to close the pending order at 788018 yen for copper futures is to maximize the benefits of the game."

“A mature and savvy businessman will not make the last penny in the market.”

Chu Yiren meant to remind Lin Lang not to be greedy for profits at the end of the market, so as to avoid losses caused by reversals due to excessive greed.

Because Chu Yiren's words were correct, Lin Lang did not refute, but just replied with a playful smile: "Give it a try and turn the bicycle into a motorcycle!"

After hearing this, Chu Yiren said arrogantly: "Anyway, the capital is only 100 billion yen, which is a small amount of money. You can do whatever you want."

"But husband, your greedy investment method will lead to big losses sooner or later."

Lin Lang laughed and said, "At worst, I can lose everything and go back to the Chu residence to eat gigolo meals. Anyway, I'm clinging to the thigh of the tycoon's wife, and my descendants will also have no worries about food and clothing."

"Hubby, to be honest, I really hope you don't have any skills, it would be nice to just stay by my side and eat my free food. You're out every day, socializing and talking about business, and you don't go back to the Chu residence to spend the night. I can't tell you where you go to pick up girls, right?"

Lin Lang tactically kissed Chu Yiren on the cheek and replied in a wronged tone: "Wife, I..."

Before Lin Lang could make up a lie to clear himself, a pop-up window appeared on the futures software: Transaction return information for the short copper futures contract No. 24081!

The pop-up window probably suggested that Lin Lang had just made a net profit of 30.4 billion yen from this short position in copper futures contracts.

Chu Yiren looked delighted and praised, "Husband, your courage and talent for futures investment have once again refreshed my perception of you. You are quite amazing!"

"Ness!"

Lin Lang snapped his fingers, and then without hesitation, he went all in and went long on copper futures for 130 billion yen, of which 6.5 million yen was margin.

The futures software indicated that the transaction was completed in one second, and Lin Lang suddenly transformed from a short seller into a long investor.

Under the soft crystal chandelier, Lin Lang stared at the computer screen, as if waiting for the market, his invisible opponent, to make the next move, while Lin Lang could respond to all variables through system prompts.

After watching Lin Lang's operation, Chu Yiren couldn't help but frowned slightly and complained: "Husband, your way of investing in futures is too radical, isn't it?"

"Why did you use all your chips to buy long copper stud?"

Chu Yiren's eyes were filled with a hint of anger and confusion, and her gaze was fixed on Lin Lang, as if she wanted to get a reasonable explanation from him immediately.

It was obvious that the expression on Chu Yiren's face was full of disapproval of Lin Lang's radical action.

Lin Lang naturally could not tell Chu Yiren that he had just received a system prompt that the copper futures price would plummet by -32%. After the main bears had smashed the bulls and completed their harvest, they turned around and went long, bottomed out and rebounded, pulling down the retail bears. Within 1 minute, the price turned positive and rose by 11.8%, giving ordinary Sakura Country buyers who speculated in futures no chance to get on board.

"Wife, as I said before, the bolder the man, the more productive the land."

Chu Yiren looked at the profit figures that kept jumping on the account. It was like a countdown to victory, but also like a danger alarm. Everything was quietly progressing in this tense and exciting futures trading battlefield.

"Oh my God!"

"Husband, your decisive purchase was just in time. The long contract was just bought and completed, and you made more than 20 billion yen. The speed at which you make money from futures investment is even faster than the speed at which a printing press prints money!"

Chu Yiren's happy and sweet eyes were filled with admiration and love for Lin Lang that she could not hide.

Lin Lang raised his chin slightly, with a confident and slightly humble smile on his face, and gently put his hand around Chu Yiren's shoulders and said, "My dear, you are praising me, and I am so proud of you."

Chu Yiren gave Lin Lang a sweet kiss, and then said: "If I had known that you were so good at futures trading, I would have provided you with tens of billions of yen more capital, so that we could make more money."

"Hubby, you are both capable and incredibly lucky. I love you more and more now!"

Lin Lang raised a faint smile, looked at Chu Yiren tenderly, and replied softly: "Wife, I am just sensitive to the futures market and act more decisively."

"I just grabbed the opportunity when it appeared. My ability to make a little money is nothing in front of you, my wife!"

"Hubby, please don't flatter me."

"At the rate you make money in the futures market, it's only a matter of time before your wealth exceeds mine. Could you please make less money?" Chu Yiren pouted cutely.

While Lin Lang was operating the futures software to place orders and set the selling price for closing the long copper futures contract, he smiled and replied: "Wife, who doesn't want their husband to make more money? What kind of weird idea is this?"

Unexpectedly, Chu Yiren replied with a hint of worry: "Humph, my worry is justified."

"I'm afraid that after you become richer than me, you'll become more arrogant and stop saying sweet words to make me happy. You'll start bossing me around and won't love me as much as you do now."

There were little stars in Chu Yiren's eyes. She bit her lower lip lightly, her eyes full of attachment and dependence on Lin Lang. Her usual stubborn and strong attitude had long disappeared, replaced by a tender and pitiful look.

This scene is one of the rare moments when Miss Chu shows weakness.