Wall Street Legend

  Chapter 107 Take another shot

   "We Chinese have a saying called "wealth and wealth are sought in danger, it sounds a bit weird to say it in English, that's what it means."

Ye Dongqing holds enough power in Freshwater Fund Company, he doesn't have to worry that Carnegie will refute his decision, but it is better to clarify some issues in advance, and then he said: "I am optimistic about the recent crude oil futures market, last time there was not enough Supported by the good news, the rise in oil prices is insufficient, so I was lucky to withdraw in time and did the right thing.

This time, draw a line in advance, four dollars, once the price of crude oil rises by four dollars from the current price, the warehouse will be cleared immediately, and the remaining money will be used as a deposit for a gamble of around 15 million dollars. The starting price was reduced to less than five percent. "

  At least twenty times leverage.

  Under the condition that sufficient funds can be guaranteed, some institutions will agree to allow Ye Dongqing to open a position with such a large leverage. The high leverage also requires a lot of handling fees, and the middlemen do not have too much risk. How could they not be willing to make this money.

Recently, he has read several investment books one after another, and he remembered a sentence in it. The author said that if 80% of traders are bullish, it means that they are not far from the top and the market will fall. . Conversely, if 80% of traders are bearish, it means that the bottom is not far away, and the market may usher in a wave of rebound.

People follow the principle of "sell on highs and buy on lows". In fact, it is dangerous to buy the bottom or try to find the bottom. There are often misunderstandings in personal judgment. You may bet on the general trend, but how and when to go have to be determined by the market. Decide.

In addition, risk control is also the key point. Ye Dongqing does not intend to chase the high price. Before opening a position, he has set a vague psychological price, and is ready to close the position as soon as he crosses the line. This is a good habit. There are enough opportunities in front of him, and it is important to learn to avoid blind greed.

If he had just met him, Kanek might have thought that his little boss was crazy, but he had already thought so last time, and it turned out that Ye Dongqing made tens of millions of dollars in the first battle and managed to avoid the subsequent attack. fall.

Of course there is luck, this guy thinks it is mainly due to the courage of the little boss, seeing that Ye Dongqing has made up his mind, he shrugged his shoulders indifferently and said: "Then try it, anyway, I made so much money last time, it doesn't matter if I spit out some of it this time." , but the number of short-selling institutions has gradually increased recently, and the crude oil futures market does not seem to be very good."

   "Don't compromise with the majority. You should know that most people in the futures market lose money. If those oil traders collectively short crude oil, I will definitely not choose to do so.

The fact is that low oil prices prevent them from making too much money, and they are busy buying public opinion, exaggerating that they want to help others, and they don’t know where to get the sense of superiority, but we Americans just eat this. It's building momentum. "

  Smart people don’t need to be too direct when talking. Carnek understands that Ye Dongqing is referring to the oil merchants who want to find an excuse to use force to indirectly interfere with oil prices. If a war breaks out in the near future, the price of oil will rise properly. After all, production capacity will be affected.

The last time he worked for a long time, he heard the little boss talk about this point of view, and replied with a smile: "Yeah, I don't want to see what the life of the poor has become. The temper of the person in Washington is very similar to His father, he can really do things that others dare not do, so I will go to build a warehouse now?"

   "Well, I bought it today, and it just fell a little bit. I know that twenty-five dollars is far from satisfying the appetite of the long institutions."

It’s like saying to Carneg that Ye Dongqing was consoling himself, relying on his memory and feeling to invest, it’s not certain whether he can make money, maybe the calculation failed, and fluctuations within a few days could make him lose two thousand and five Millions of dollars, 20 times leverage, bigger than the 12.5 times leverage last time, and the risk also increased accordingly.

As long as there is a fluctuation in the early two dollars, the more than 10,000 crude oil futures positions will be forcibly liquidated, and the 10 million US dollars in margin replenishment will disappear together. Regardless of the fact that leverage can make more money, losses are also quite terrible. Many financial tycoons became famous only by one battle, and then quickly lost money to commit suicide.

This exciting financial game is not suitable for people with no capital, let alone people with poor psychological quality. They have a whole thousand barrels of oil in one hand, and none of them has millions of dollars. I am ashamed to say that I have speculated in crude oil futures , The real bosses hold billions of dollars in their hands, and they only dare to use a small leverage of three to five times when playing commodity futures. It is really rare for Ye Dongqing to be unafraid of death.

   Carneg made arrangements, and after Ye Dongqing made up his mind, he didn't plan to change his mind. The price of crude oil fell more than rose in the previous week. He felt that this turbulent moment was a good opportunity worth buying.

  I thought it was a good opportunity last time, but I lost more than 10 million US dollars in the early stage. Fortunately, this time I used the book income of Danshui Fund Company. At least I don’t have to worry about being charged with financial fraud. Whether I earn or lose, it belongs to him

   Open a position in the crude oil futures market again. The position on the warrant side needs to be communicated with securities companies and investment banks to get a definite answer.

As for Tencent, Ye Dongqing is still procrastinating. He wants to see the company's capital situation first. As long as the capital chain can be guaranteed to avoid risks, investment is also feasible. Judging from the data learned during the roadshow, the possibility of skyrocketing in the short term is not too great.

  Chinese people like to say "raising chickens (funds, which is vivid and vivid. This is technical work, and patience is essential.

   Although short-term speculation can make money, it is far less profitable than long-term investment. Since I think there are better places for 50 million US dollars, there is no need to let the capital chain collapse too tight.

   New year, new weather.

The online transaction website of Freshwater Fund Company has been launched, and PayPal has offered a fairly good fee rate, and has also cooperated with several banks. Now the amount of funds is still pitifully small, and the transaction volume on the first day is less than 40,000 US dollars. The source of the customer is the Golden Island Financial Management Company.

The arrangement of expanding the recruitment of new employees and increasing promotional efforts was just notified yesterday. Ye Dongqing is planning to find a few professional brokers, preferably the unruly ones. Among the selection requirements, "two years of work experience in an insurance company" is impressively listed. Selling wealth management products and selling insurance are similar in his eyes.

  Anyone who has served as a management team in an insurance company must know how to manage Golden Island Financial Management Company well. As the main channel for public fundraising, Ye Dongqing dare not take it lightly. She is planning to host the interview work by herself at that time, which is definitely not enough.

Mr. Alfred House, the director of Facebook, suddenly called Ye Dongqing and said a lot of terms he didn't understand. It probably meant that he had negotiated with the oracle company (Oracle), and the server plus supporting companies Level software services, a total of about 16 million US dollars.

Immediately, I had a headache and complained: "Let you be a little bit better, and you are not allowed to buy such an expensive one! Just make do with this year, why take next year to think about it? Well, you first promise the Oracle people to help me." Ask if you can pay the deposit first, and settle the remaining three months."

  (end of this chapter)