Chapter 16 Ten times profit

"Who is this? How dare you question Teacher Huang?"

Many retail investors in the group, after seeing the screenshots, some fans of "Teacher Huang" hurriedly followed suit and mocked: "I don't know where this person got his confidence. Teacher Huang has been studying the gold trend for 7 years and has more accurately predicted countless gold prices." How can he question the real 'golden touch' in gold spot investment during the recent big market trend? He is simply a clown and sensationalist."

"Indeed, it is too much to say that Mr. Huang's fame was created by the market rather than his outstanding personal abilities."

"Haha... When did gold plummet, did the market bears not question Teacher Huang? What a pity... These people have been slapped in the face every time, and I think this time it will be no different."

"Gold is bearish at US$1,800 and US$1,900. Maybe everyone will still believe it."

"The price of gold has now fallen to a two-year low of $1,500, and this position is also the strongest support for gold in the two-year trend."

"This position is bearish, and he openly questions Teacher Huang's ability. He is indeed a clown."

"Moreover, the other party also said that the power of the bulls in the market has been exhausted, and the research reports and market target price estimates of international investment banks such as Goldman Sachs and Morgan cannot be trusted."

"This is simply ridiculous. The research reports of Goldman Sachs and Morgan are not credible, but his is credible?"

"Gold is around the price of 1,508 US dollars and has been fluctuating for almost half an hour. Judging from the situation, it is very likely that it has truly bottomed out. If you are still bearish at this time, you really have ulterior motives."

Su Yu saw that the views and opinions he had privately discussed with Boss Sun were screenshotted in the group, and under the fire of Mr. Huang, the big V of Huihai Finance Network, known as the 'Golden Touch', countless people questioned and ridiculed him. The voice was endless, and for a while, I became angry. I replied directly in the group: "I originally wanted to save some face for you and didn't want to expose you publicly, but I didn't expect that you couldn't wait to jump out and took the initiative to show your face to me. beat."

"In this case, I can only let the market trend educate you!"

"It's also a good way for everyone to see clearly that you don't have any market analysis ability except to sing too much."

With that said, Su Yu quickly sent a screenshot of his real offer, and then continued: "Look long, do long, short, short, be responsible for your own words and deeds, responsible for your own market judgment, practice and theory are integrated, in In my opinion, this is the basic professional ethics of a market researcher."

"I just rely on my words to confuse investors and reap fame."

"No matter how big the V is, it is no different than a liar."

"It turns out it's you!" Seeing Su Yu's reply, Teacher Huang hurriedly responded in a high-spirited manner, "Ten years ago, I had a record of ten times a month in gold trading. At that time, I didn't know you were here, little brother. Which? To put it bluntly, I don’t need to prove my strength in front of you at all, because you are simply not qualified.”

"Ten times a month?" Su Yu replied disdainfully, "In the foreign exchange market, there is really nothing to show for this record."

After speaking, Su Yu intercepted the deposit, withdrawal, and position opening records of his account for this week.

At this time, the onlookers discovered that in just four and a half trading days, Su Yu had already achieved ten times the results without heavy gambling.

and……

Before they could recover from the shock, the price of gold had plummeted from $1,507.83, directly touching the bullish life-and-death barrier of $1,500.

"Damn it, did it collapse? It fell too fast!"

"What happened? A major bearish attack on the market?"

"New low, new low. I really didn't expect that the lowest point I thought was tonight would fall below in an instant. This is the time to really test the support of $1,500."

"Oh my god! No way? No way... 1,500 US dollars, just fell below?"

"Why is it that the solid support we said is just like paper?"

"Is it a panic washout or a false breakthrough?"

"I went to... 1,499 and 1,498 US dollars, and they also broke through directly. Oh my god, the market suddenly saw such a large number of selling orders?"

"There is no negative news. The market is not obviously negative. Why does it suddenly show such a trend?"

"All the bargain hunting orders were forced to stop their losses in an instant. It was so... so terrifying. The bulls tonight should be bleeding like rivers by this point."

Amidst the shock, panic, and fear of countless people...

With the sharpest plummeting trend, gold broke through the last bottom line in the hearts of the bulls, and also made the arrogant "Teacher Huang" speechless and silently withdrew from the trading group.

Of course, his withdrawal from the group cannot make up for the losses of many retail investors in the group who had previously believed in his point of view and were bargain hunting on a large scale at $1,308 and above.

Especially Boss Sun, who took a heavy position with 25 gold long orders.

Before the gold plummeted, he did not listen to Su Yu's words and quickly reduce or close his positions. Instead, he preferred the view of "Teacher Huang", a financial V, and kept his positions unchanged.

Today, as gold flashes below the support of $1,500, it plummets to $1,495.

He had a total of 32 gold long orders, and his losses had rapidly expanded to more than 41,600 US dollars, and his account funds had lost more than half.

Until this time...

Only then did a flash of fear flash in his heart, and he believed Su Yu's words.

"Damn it, this Teacher Huang is indeed a liar. If he hadn't tried his best to sing more, I wouldn't have suffered such a heavy loss tonight!"

“The strong support of $1,500 was promised, but the result was just like paper.”

"Hey... no one would have thought that the support line of $1,500 would be so fragile. It's simply not bad, and it still fell so miserably. The trend tonight is really weird."

"What did the 'tenfold' brother say in the screenshot just now? The power of the bulls in the market was exhausted, and the crisis of the Central Bank of Cyprus became the last straw to crush the market, forcing hedge funds around the world to take the initiative to reduce their positions. , to avoid market risks.”

"Look now... I am the one who really understands the market!"

"Hey, I just made a mockery of you, but I didn't expect to be slapped in the face when I turned around, and I lost hundreds of dollars. It's really ironic."

"Indeed, I really didn't expect that people who call others a frog in a well are the real frogs in the well."

"What about that screenshot? I feel like this screenshot will go viral tomorrow!"

"If you want any screenshots, can't you just ask the master directly? Hey... wasn't he in the group just now? Why did he suddenly disappear? Has he left the group?"

"Hey, the dragon has never seen its tail! Four and a half trading days, ten times the profit, it's like a myth."

When everyone feels sorry and regrets...

Su Yu saw the price of gold plummeting, directly breaking through the support of US$1,500. He knew that the big V who knew the 'golden touch' would no longer have the shame to stay in the group and continue to deceive people, and through the crazy market trend, Slapping him in the face, the breath he was holding in his heart was almost gone.

So he quickly quit the group chat and returned his attention to gold trading.

Important support at $1,500 has broken.

According to Su Yu's judgment and prediction, the next step... will be a completely short market.

At this moment, his trading account has a total of 3.6 gold short positions, the total funds have expanded to more than 15,400 US dollars, and the available margin is more than 12,700.

It is enough for him to open 3 to 5 short positions within the position safety line.

Thinking that gold's unilateral plunge had begun, Su Yu did not need to over-timing his transactions. Su Yu did not hesitate and quickly opened 4 short positions near $1,495.6, waiting for the continuation of gold's unilateral trend.

Next…

As Su Yu expected, gold never reached the $1,500 level in the second half of the night.

Under the pressure of short sellers and the continuous stop-loss and liquidation of long positions by bulls on the market, the price of gold continued to fall, closing at dawn at $1,483.76.

In the end, it showed a trend of plummeting by more than 50 US dollars and more than 500 points overnight.

After dawn, the news of the epic plunge in gold, as well as the terrifying trend of gold in the European and American markets last night, began to sweep across the country like a hurricane, shocking all market investors and financial media.

Subsequently, a huge amount of information reports and post-analysis reports came one after another.

In these news reports, Su Yu took a satisfied look at the profits of more than 24,000 US dollars accumulated in his account, withdrew 1,000 US dollars to his bank card, and then fell asleep.

In order to seize the opportunity for gold to cross the bull-bear line and create an epic plunge.

He stayed up all night.

At this moment, he suddenly relaxed, and sleep came over him like a tide.

When Su Yu regained his energy and woke up from his sleep, he glanced at the time on his phone and realized that it was already 4:36 pm, and there were several missed calls on his phone.

He took a look at these missed calls and found that they all belonged to the same unknown number in Yuhang.

Su Yu thought about it carefully and didn't know who it was, but he still called the other party. Only then did he realize that the person on the phone belonged to the boss Sun whom he had kindly persuaded last night.

"Mr. Su, did I disturb you?" the other party said very politely, "I asked for information about you from the sales department where you used to work, and then I found your contact information."

"Well, what's the matter with Boss Sun?" Su Yu asked calmly.

"No, I just want to thank you for your reminder last night." Boss Sun said with a smile, "Without your reminder, I might not have woken up so quickly, and I would have lost hundreds of thousands more. Are you free on the weekend? I would like to invite you. You can have a meal together, and regarding investment matters, I'm afraid... I'll have to trouble Mr. Su a lot more in the future."

"I'm afraid not this week." Su Yu said, "How about... next week?"

"Yes, you can at any time!" Boss Sun responded, then changed the subject and asked, "Will gold fall sharply next?"

When Su Yu heard this question, he knew that this was probably the real purpose of the call.

He frowned slightly and asked, "Did you not close your position last night?"

Boss Sun hesitated for a moment and said: "I closed 10 lots at a position near $1,495, and the rest... hesitated for a moment. Gold fell too fast, and there was basically no rebound, so I didn't find an opportunity to close the position. .”

"When the market opens on the next trading day, hurry up and close it!" Su Yu said, "Otherwise, Boss Sun may have to fill in hundreds of thousands of deposits."

"Will it still fall?" Boss Sun asked in surprise.

Su Yu replied: "There is a high probability that this is the case. The margin trading market is not the stock market. Trading risks are very high. If you take orders under the wrong trend, the final result will be liquidation. Of course... I still say the same thing, listen. Whether you listen or not depends on Boss Sun himself."

Boss Sun was silent for a moment, feeling regret over the unclosed orders. He sighed secretly and said, "Thank you, Mr. Su, for your advice. If there is anything I can do to help in the future, just say it. I will definitely not refuse within my ability.”

"Okay!" Su Yu nodded slightly.

The two continued to chat for a few words, and then hung up the phone.

Su Yu came to his senses and was about to put down his phone, take a shower, change clothes, and go out to eat. At this time... Liang Bin's phone call suddenly came.

Su Yu didn't know what matter Liang Bin was calling him at this time. After a moment of hesitation, he answered the call.

"Su Yu, gold plummeted last night, did you enter the market?" Liang Bin asked.

When Su Yu heard this, he was surprised and puzzled, and asked: "How did you know that I entered the market to operate?"

"I just looked through the information on Huihai Finance and found out that you were hung up on the trading forum on their website." Liang Bin said excitedly, "The posts posted on the forum shocked Huihai Finance. The big V of gold spot analysis column 'Golden Midas' quits the group in shame. Overnight, you are the one whose reputation is ruined, right?"

"The Penguin account in the screenshot, the avatar and ID name are exactly the same as your Penguin account."

"Originally, I was still a little unsure, but now listening to the tone of your answer... I am 100% sure."

"Su Yu, you are amazing!"

"With the collapse of gold, it hit the 'biggest decline in four years', falling directly through the bull-bear line and falling into the shadow of the bear market. You stepped on the reputation of the 'golden touch' and overnight, in the domestic gold spot trading, In the small circle, it immediately became famous.”

"I took a look..."

"Now the entire forum calls you 'Brother Ten Times', and many people are speculating on your real identity."

"Oh!" Su Yu seemed to calm down after listening to Liang Bin's words. "Just listen to the comments on the Internet. Don't take them seriously. The words 'Brother Ten Times' and 'Brother Hundred Times' are just ridicule." Well, I did participate in speculative trading of gold spot, but as you know, with my small amount of capital, let alone increasing it ten times or a hundred times, I would still be a small retail investor in the market, and it would not help at all."

"Take your time, I believe you!" Liang Bin said with a smile, "I just saw you directly attacking the guy from the 'Golden Midas Hand' online, and I was very relieved. You know, this guy has deceived a lot of people in the past."

"But, this time..."

"Gold has plummeted so much. This guy is a die-hard gold bull. Fans who believed him before have suffered heavy losses. I guess he is really finished."