Chapter 22: 500 times profit overnight!

US$1390, US$1380, US$1370…

The price trend of gold was like a waterfall, falling rapidly. In just half an hour, it fell by more than 40 US dollars, destroying all bullish power in the market.

Su Yu looked at the terrifying decline of gold, even though he knew that he was a short seller in the market speculation and a direct profiteer.

But inside, I still felt shocked.

Overnight, the price dropped by more than 1,200 points, which has already refreshed the record of gold falling by 7.10% on June 13, 2006.

This is not the ‘biggest drop in four years’, but the ‘biggest drop in eight years’!

The extreme panic in the market exceeded Su Yu's inner expectations, and at the same time, the profits of his position account soared unprecedentedly.

At this moment, the available margin in his account has rapidly increased from the US$44,100 he last increased his position at around US$1,449.3 to more than US$280,100, and the total funds have surged to more than US$297,800, which is just shy of the US$300,000 mark. a step far.

Facing the terrifying profits of the account...

Although Su Yu could not hide his joy, he was not in a hurry to close his position.

He continues to wait.

Waiting for gold's plummeting trend to slow down, an obvious signal to stop falling, and an oversold rebound.

At 3:38 in the morning, when the gold price penetrated the lowest level of 1,330 U.S. dollars, it finally showed signs of stopping its decline. Subsequently, the gold price rebounded rapidly. Within ten minutes, it quickly surged from the position of 1,328.86 U.S. dollars to 1,337.50 U.S. dollars, and divided into The time line is also in a complete bullish arrangement.

Seeing this situation, Su Yu knew that the storm of multi-headed stampede in the field was almost over.

And next...

He speculated that gold would probably briefly launch an oversold rebound as short positions were closed to cover profit taking.

Therefore, I decisively closed all the short positions held in my account near $1,337.80.

A total of 23.6 gold short orders were closed. After all positions were closed, the total funds in his account were finally fixed at US$324,943.16.

This compares with the amount of funds in his account at the close of gold's plunge last Friday.

Overnight, it grew more than tenfold.

Compared with his initial real investment cost in gold trading, which was US$644, the amount of funds increased more than 500 times in one week.

Of course, if he had not continued to increase his positions and pursue short positions to expand profits in the final stage of gold's plunge, considering certain risk issues, this value could have continued to expand.

Foreign exchange margin trading market.

It is a typical market where small funds are used to leverage big market trends, reap extreme profits, and create speculation myths. Of course... it is also a real meat grinding ground for small and medium-sized funds.

This time gold continues to plummet, how many people have made huge profits.

How many people have lost money, liquidated their positions, or even had their account funds return to zero overnight.

Like him, he predicted the fluctuation direction of gold in advance, and was able to decisively use profits to increase his position in a series of plummets, thereby rapidly expanding profits. However, this is just a survivor bias in market transactions. Among market traders, it can be said that it is difficult to find one person among millions.

At 5 a.m., global spot gold trading entered a short settlement period.

At this time, Su Yu took a look at the gold price, which had rebounded rapidly and finally settled at $1,352.36, and began to withdraw all the funds in the foreign exchange margin trading account to the bound bank card.

For the withdrawal of large sums of money…

Su Yu had just started operating here, and the customer service number of the trading company where he opened an account arrived.

Su Yu answered the phone and responded a few words to the other party's questions. Then the customer service confirmed that it was him, and then said he would handle it for him as soon as possible and hung up the phone.

After dealing with customer service, Su Yu was about to turn off the computer and go to sleep.

At this time, a Penguin friend request message suddenly popped up from the message box.

Su Yu checked it and saw that it was a friend request sent by the staff of the foreign exchange trading company where he had an account, so he agreed.

"Hello, Mr. Su!" The other party quickly introduced himself without waiting for Su Yu to ask questions, "I am Zhou Jianming, General Manager of Huaguo Operations of Yingxiu Securities' foreign exchange margin trading business. I'm sorry to bother you at this time... …”

Su Yu didn't wait for him to finish speaking and asked, "Is there a problem with the funds being recorded?"

"Mr. Su misunderstood!" The other party hurriedly explained, "We, Yingxiu Securities, are a long-established securities brokerage company in the world. Whether it is foreign exchange margin trading business or global stock and bond trading business, we are well-known for our reputation. When it comes to the issue of fund deposits and withdrawals, There won’t be any problems.”

"I'm disturbing you at this time mainly because I want to ask for your help."

Su Yu was stunned for a moment and said doubtfully: "Ask me for help? I don't think there's anything I can do to help you, right?"

"We know from your gold deposit and withdrawal records that you have created a new wealth myth amid the violent fluctuations in gold this week." Zhou Jianming revealed his purpose, "You also know that although we, Yingxiu Securities, are It is a well-established securities brokerage company in the world, but its business development in mainland China is not in-depth. There are many competitors in the current market, so... I would like to use you as an entry point to create a wave of advertising for Yingxiu. Attract more investors to open accounts and trade with us at Yingxiu.”

"Because this will involve some privacy of your personal account."

"So, we need to ask for your input."

Su Yu didn't expect that the other party contacted him for this matter. He had to sigh in his heart that the other party was indeed a veteran in operations. While he was withdrawing funds, he so quickly thought of using himself to attract traffic, improve his business, and improve the reputation of Yingxiu Securities. Methods to influence the domestic foreign exchange margin trading market.

He understood the other party's purpose, but Su Yu did not reply immediately.

Instead, he opened the official website of Yingxiu Securities and called the customer service just now to verify the other party's identity.

Then he pondered for a moment before replying: "If I cooperate with you, what information and data on my account do you need? At the same time... what benefits can I get?"

Seeing that the negotiation was going on, Zhou Jianming hurriedly replied: "We only need the deposit and withdrawal records of your account, Mr. Su, and the real transaction records of the past week. We will not expose any other information about you."

"As for the benefits Mr. Su mentioned..."

Zhou Jianming paused for a moment and continued: "I can do my best and use all the permissions I can to apply to the head office to open a more convenient one for you, Mr. Su, with low-interest financing permissions, covering various financial markets around the world. What do you think of accounts for various categories such as stocks, foreign exchange, bonds, and related derivatives trading?”

"Of course, I can also open a dedicated fast transaction channel for you to make your transactions more convenient."

Su Yu thought about it and felt that the other party's marketing promotion without revealing any of his true identity information would have little impact on his real life.

And the conditions offered by the other party are exactly what I need for future transactions.

I couldn't help but agree: "Okay, but...as you said, except for the deposit and withdrawal records, and the real transaction records of the past week, no other information about me can be disclosed. Otherwise...I will log out quickly and directly. It fell into your Yingxiu trading account."

"Mr. Su, please rest assured that Yingxiu has strict regulations on customer privacy protection and account security protection. This is one of the reasons why Yingxiu is based on the market and has won the trust of investors around the world." The other party responded. , and then continued, "I will help Mr. Su open all the permissions for your account within 24 hours. Now... please provide Mr. Su with the read-only password of your account so that we can obtain your transaction records." "

"Don't you have the authority yourself?" Su Yu asked in surprise.

Zhou Jianming replied: "All transactions of customers are encrypted in the database and are directly connected to the exchange. We do not have the authority to view any transaction records of customers, let alone monitor their transactions."

Su Yu thought to himself, 'I really believed you,' and then sent the read-only password of the trading account to the other party.

"Thank you for your help, Mr. Su." Zhou Jianming replied after receiving the read-only password, and then went offline.

Su Yu also closed the chat box after the other party went offline.

Then, he saw the screen of his mobile phone light up. After taking a look, he realized that the funds he had withdrawn from his foreign exchange margin trading account had arrived. According to the current offshore Chinese dollar exchange rate, the total amount was 2,252,668.45 yuan.

Looking at the bank account balance of more than 2 million, Su Yu breathed a sigh of relief.

Thinking that the hard work and staying up late for a week was finally not in vain. After this battle, I finally had a small amount of capital that could be used to play in the financial trading market.

Su Yu continued to look at the time and found that it was already past 6 o'clock in the morning.

He thought that the breakfast shop nearby should be open by this time, so he left the rental house, went downstairs to have some breakfast, and then came back and covered his head to sleep.

When he woke up, he simply washed himself...

The time has come to 1:22 pm.

Stock market trading continues yesterday's sluggish scene, among which... Affected by yesterday's epic plunge in gold, all gold-related concept stocks in the two cities, as well as non-ferrous metals and commodity resource sectors, all fell into a plunge, with more than 10 stocks falling to the limit. , seriously dragging down the market index.

In addition to the plummeting non-ferrous metals and resource stocks.

The concept of "mobile games" is still in the process of adjustment. After yesterday's wide fluctuation, Huaqingbao continued to fluctuate underwater today, digesting the accumulated profits.

Su Yu's Internet speed technology holds financial account positions on behalf of clients.

There was still no movement today, with the market fluctuating and falling slightly.

Su Yu briefly looked at the market conditions of the two cities and did not make any operations. He just logged into online banking and transferred 250,000 yuan to his father's bank card account.

After the transfer was completed, Su Yu called his father.

"Dad, I have made a lot of money recently from investing. I just transferred 250,000 to you. I believe you have received it. Please pay back all the money our family has owed over the years!" Su Yu said, "If there is still money for the surgery from your uncle, please let me know and I will transfer it to you."

"Xiao Yu, can you make so much money all of a sudden when you invest?" Although Su's father was happy, he still had doubts.

Su Yu replied: "In the financial trading market, when the market conditions come, it will be relatively easy to make money, but this kind of opportunity is usually rare. This time, I just happened to run into it. Dad, don't worry. , every penny I earn is legitimate and clean.”

Father Su still understands his son.

Moreover, although he is not highly educated, he has heard of concepts such as financial market trading and stock investment.

He couldn't help but say: "Xiao Yu, I believe what you are saying. Dad doesn't understand your work and can't participate in it, but I know that you are doing something serious."

"After paying off the debt, there should be a lot left over the 250,000 yuan."

"If your uncle can't use the rest of the money, I will save it for you and use it for your emergencies or to get a wife in the future."

"No, dad, you and mom can keep the rest of the money for yourselves!" Su Yu said, "You don't need to save money in normal times, you should pay more attention to your health, emergency money, money to marry a wife... I have all the money here. 250,000 is only part of the profit I made from my investment, so...you don’t have to worry too much about me, I will take care of it myself."

"Okay! You should pay more attention to your health when you are in Yuhang, and don't work too hard." Father Su knew that his son was an independent and responsible person, so he didn't say more.

Su Yu said 'hmm', then continued to chat with his father for a few words before hanging up the phone.

Immediately afterwards, he looked at the time and thought that he did not have a domestic securities account for trading in his name, so he called Liang Bin again and made an appointment to meet at the sales department. Then he took a taxi to China. Xin Securities Sales Department rushed over.