Rebirth of the big era of online games

Chapter 78 The Madness of Nasdaq!

Chapter 78 The Madness of Nasdaq!
(Although it only reached the 23rd place on the recommendation list in the urban category, it is also a good result. At least the number of recommended votes today is almost double that of the past, which let me know that many readers are silently voting for this book, so really thankful!)
Friday, July 2000, 3.

This is a memorable day, not only Fang Jie, but people in the IT industry all over the world should commemorate this day.

At 7 p.m., after dinner, Fang Jie sat alone in the computer room.

Today, he asked Li Qing to go home early, because he must not care about the other party at night, and he also needs to concentrate on the things in front of him.

When he went out in the morning, he also greeted his parents, and today he will spend the night in the Internet cafe.

Mom Yu Guifen was originally going to object, but Fang Wanxing, who came back from the provincial capital after finishing work yesterday, gave the green light directly.

Since the traditional husband allowed his son's behavior, Yu Guifen had nothing to say and kept silent.

To solve all the worries, what we need to do now is to devote ourselves to the overseas securities market and stir up the situation!

花旗国股市是京城时间晚上9:30开盘到凌晨4:00结束,股指期货市场是早上6:00开市,持续到第二天凌晨4点收盘,持续22个小时。

However, the Nasdaq futures market actually fluctuates during the opening of the stock market. If there are no major events at other times, it is basically garbage time, and there is no need to pay too much attention.

Before waiting for the official opening of the stock market, Fang Jie re-checked and tested the passwords of overseas bank accounts, overseas securities accounts, overseas third-party PAYPAL accounts, securities trading software accounts, and deposit and withdrawal account passwords.

As for the funds, they have already been transferred into overseas securities accounts.

Start-up capital, a total of 6.1 US dollars.

The reason for the extra $1000 is mainly to consider transfer fees, transaction spread fees, etc., which can be deducted from here.

He is a perfectionist and likes to arrange neatly, $6 is the starting capital for entering the market, which is also convenient for calculating profits in the future, and the fraction of 1000 is ignored.

At 9 o'clock in the evening, basically all the work is ready.

Seeing that there is still some time left, Fang Jie logged into the securities trading software MT, and opened a position in the foreign exchange market, mainly to examine the reliability of the transaction and the response speed of online transactions.

The global foreign exchange market operates 7*24 hours.

In other words, you can trade 24 hours a day, regardless of holidays.

This is because of the time difference, the trading markets of various countries around the world open in turn or even overlap, forming a rolling relay mechanism.

According to Beijing time, Citigroup closes from 9:4 pm to 4:9 am the next day, and then the New Zealand market opens at 10:3 am. After taking the baton, the Australian and island markets open at 4:[-] am and [-]:[-] am, and [-] and [-] pm Start at the European market, and then pick up the American market in the evening.

Therefore, as long as the time and energy can bear it, foreign exchange transactions can be carried out all the time every day, and it is also a T+0 and two-way trading mechanism, which can be opened and closed at any time, and can be short or long.

Fang Jie opened a position in the foreign exchange market just to test the waters and did not intend to make money in the foreign exchange market.

Although he is fully capable of this, it is not necessary.

The direct fuse that led to the bursting of the Internet bubble was that the Federal Reserve of Citigroup found that the market situation was not right and was too crazy, so it entered the US dollar interest rate hike cycle.

The US dollar interest rate hike will gather a large number of US dollars from the international market back to Citigroup, which will lead to the appreciation of the US dollar and the depreciation of other currencies and commodities.

The only currency in the world that has not depreciated is RMB. The country boss has made a promise to the world - RMB will not depreciate!
Well, although this commitment may not be a good thing for my country, it should have played a positive role in the key negotiation between China's accession to the WTO and Citi.

In short, holding the US dollar at the moment is equivalent to the best means of foreign exchange appreciation.

Of course, the foreign exchange market is also leveraged, up to 100 times.

If you invest with leverage, the rate of return is 100 times, and if you speculate in foreign exchange, the rate of return is indeed quite a lot.

But compared to investing in the Nasdaq 100 index, it's a bit less interesting.

The point is, how tiring is it to speculate in foreign exchange. You have to watch the market every day, and Fang Jie doesn't have time to watch the trend all day long.

His time is also money, and its value is higher. Instead of investing in his own high labor costs to speculate in foreign exchange, it is better to wait for 2 years to directly reap the future index income.

His investment strategy is - simple, hassle-free, peace of mind, zero risk, abnormal rate of return!

I have seen some protagonists in rebirth novels before, and they also make money from the securities market, such as catching the daily limit, but whether it is labor cost, cost performance or rate of return, compared with his investment method, it is simply weak. !

Moreover, earning the hard-earned money of domestic investors is nothing, he earns money from foreigners!

I opened a position on the securities trading account casually, and then closed the position casually, while making a small loss of 2.5 USD spread fee, it was confirmed that the functions of the securities account were all normal.

Then, the quiet period refers to the opening.

9:30 pm.

The U.S. stock market opened. After the call auction, the Nasdaq 100 opened slightly lower, with the opening index at 5018 points.

9:45 pm.

After bottoming out, after touching 5000 points, it bottomed out and rebounded, quickly pulled up and turned red, and the index reached around 5030 points.

Fang Jie clearly remembered that the closing point today was 5048 points, so this point was not the highest point.

10: 00.

The Nasdaq stock index reached the 5050-point integer mark and fluctuated repeatedly.

At this moment, the long and short sides are like a tug-of-war. The short side is defending 5050 points, and the long side is attacking!
According to the law of the securities market, once the integer mark breaks upwards, the next trend will generally be flat, and it will stop at the next integer mark.

If there is no successful breakthrough, it will generally collapse and return to the previous integer level to regroup, such as returning to 5000 points to re-accumulate strength.

10:15 pm.

The madness brought by the Internet bubble and the powerful help brought by success to many parties, the breakthrough of 5050 points was successful, and the index rose rapidly!
5060, 5070, 5080... The stock index rushed to the integer mark of 5100 points in one breath before it stopped.

Seeing this scene, Fang Jie was surprised and couldn't calm down.

Didn't you say that the highest point is 5048 points, this is 5100 points!
Fortunately, he was not busy opening positions, otherwise, even if he opened a position at 5050 and went short, he would have lost 50 points in one hand!
1 point = $100.

50 points is $5000!

200 times leverage, $2500 to open 1 lot...

In other words, when the index rises to 5075 points, the position will be liquidated, and it will be lost in an instant, which is equivalent to a loss of more than 2 RMB!

This is only the money lost by opening a position 1 lot, if the full position is opened with 24 lots...

6 US dollars, nearly 50 RMB flew away!

Back to before liberation overnight!

This is the abnormal rhythm and huge risk of stock index futures trading!

Seeing that the trend of the stock index was different from what he remembered, Fang Jie, who was secretly glad that he had not opened a position, quickly recalled it in his mind.

That's right, it's 5048 points. I've seen this number many times in my previous life.

Could it be that his rebirth has already changed the future?
impossible!

After his rebirth, he kept a low profile for a month in this mess in the Shuanglu District of Tongcheng. Apart from robbing some well-known domestic domain names and earning a small profit of 200 million, he did not do anything outrageous!
(End of this chapter)

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