I just want to enjoy life

Chapter 382 390 won 1.6 million US dollars, Yaobing Fund lost 5000 million US dollars

At this moment, in a building in Jiangdao, Wang Yaobing did not go to dinner, but stayed in his office, looking at the trend chart of USD/CAD with a gloomy expression.

Their Wang family is one of Jiangdao's top ten consortiums, and his father is the fifth richest man in Jiangdao, with a net worth of US$66 billion!
As the second son, Wang Yaobing does not intend to inherit the family business, but intends to realize his dream and make a big career in the financial world!

Some time ago he formed his own hedge fund with a registered capital of US$1000 million, which he paid out of his own pocket.

And many of Jiang Dao's friends have invested money in him, even his elder brother has invested tens of millions of dollars in him!

And he used his father's connections to get some insurance fund companies, asset management companies... to invest in his fund!

The establishment of the company by the second son of the Wang family has made a huge impact!

The name of the hedge fund he established is 'Yaobing Fund'. For clients, his Yaobing Fund charges very little management fee every year, and the profit commission is 20%!

He was long USD/CAD before, but last night the governor of the Bank of Canada verbally suppressed the Canadian dollar, which caused the USD/CAD to skyrocket, making Wang Yaobing's fund a huge profit of 1 million US dollars!
However, the governor of the Bank of Canada is only verbally suppressing the Canadian dollar. The news is gone, and the USD/CAD will still fall back, so today he intends to short the USD/CAD!
Now he holds a short position of 2 USD/CAD in his account, and a fluctuation of one point is a profit or loss of 20 USD.

Today USD/CAD has been unable to fall below the 1.0400 position, and has been supported at the 1.0400 position many times. The trend has not met his expectations, which makes Wang Yaobing more impatient and even a little annoyed!
He took a deep breath and thought to himself: "You can still continue to increase positions and short positions!"

Thinking of this, he clenched his fists and murmured, "Wait patiently, I'll earn another [-] million tonight!"

Because he earned 1.5 million US dollars last night, and his 'Yao Bing Fund' has earned 5 million US dollars since its establishment, so this morning, several insurance company clients made additional investments, allowing his 'Yao Bing Fund' to Yaobing Fund's capital scale is as high as 40 million U.S. dollars. According to the current exchange rate, it is nearly [-] billion Chinese dollars. Now he, the second son of Wang, is also considered a financial boss!

Time passed slowly, USD/CAD rose up, it seemed that the opportunity to increase positions came, so Wang Yaobing waited!

Ten minutes later, USD/CAD rose to 10, and Wang Yaobing immediately began to increase his position and short USD/CAD!
But USD/CAD seems to be quite strong. After Wang Yaobing shorted 3 lots of USD/CAD, USD/CAD actually rose by 10 points.

Now he holds a short position of 5 lots of USD/CAD in his account, and the average opening position is at 1.0440. A fluctuation of one point is a profit or loss of 50 US dollars, and now he has a temporary loss of 500 million US dollars.

At this time, Wang Yaobing felt a little hungry, so he called his beautiful secretary and asked her to buy him a dinner.

Five minutes later, USD/CAD rose another 5 pips to 10!

After 10 minutes, USD/CAD continued to rise sharply, rising to the 1.0500 position!

A bead of sweat appeared on Wang Yaobing's forehead, and his back was a little cold!
Now he has a floating loss of 60 pips in his account, a total floating loss of 3000 million US dollars!
At this time, the beautiful secretary who bought fast food downstairs walked into Wang Yaobing's office and said, "Mr. Wang, your dinner!"

"Let it go!" Wang Yaobing lost his appetite.

"Yes, Mr. Wang!" The beautiful secretary put away Wang Yaobing's dinner and carefully retreated out.

After the beautiful secretary left, Wang Yaobing thought about it and set a stop loss at 1.0540. As long as USD/CAD rises to 1.0540, his stop loss will be triggered.

···
At this moment, Lin Haocang returned to Sky Capital after finishing dinner with Guan Yan.

Lin Haocang and Guan Yan went to the trading room to have a look first, and saw that many novice traders were seriously training. Lin Haocang was very satisfied, so he returned to his office.

Open the trend chart of USD/CAD and find that USD/CAD has risen to 1.0500. He holds a long position of 8 USD/CAD in his account. The position of opening a position is 1.0410, and a fluctuation of one point is 80 The profit and loss of 7200 U.S. dollars has now reached a floating profit of [-] million U.S. dollars, and a smile appeared on Lin Haocang's face immediately.

Guan Yan poured a cup of tea for Lin Haocang, walked over with the teacup, and saw Lin Haocang smiling, as if he had made money, so she asked curiously: "Chairman, you are smiling so happily, did you make money?" During dinner, Guan Yan learned that Lin Haocang is an investment genius, not only guiding the operation of Sky Capital, but also operating the foreign exchange market himself.

"Well, I made a little money!" Lin Haocang took the teacup and took a sip.

"How much is a little bit?" Guan Yan was extremely curious.

"7000 million US dollars!" Lin Haocang shook his neck slightly, making 7000 million US dollars seem insignificant.

Guan Yan was stunned!

The heart surged up again!

$7000 million is just a little bit?

According to the exchange rate, 7000 million U.S. dollars is more than 5 million Chinese coins!
More than 5 million Chinese dollars is just a little bit in the eyes of the chairman?

My goodness!

What kind of existence is the chairman?

Guan Yan's mouth was wide open, and she couldn't help but kissed Lin Haocang, "Student, you are so amazing!"

"Um, no, Chairman, you are amazing!"

"I still have some things to do, I'm going back to the office first, you are busy, you are busy, hehe!"

Guan Yan was very embarrassed, she hurried out of Lin Haocang's office and took the initiative to work overtime, after all, she had some things to deal with.

Lin Haocang looked at Guan Yan's appearance, smiled, and wiped his left cheek.

When Guan Yan delivered it to his door, he naturally wanted to eat it.

This Guan Yan is his senior at Shuren University, and to be honest, he has a feeling of being a senior in him, and the feeling of being teased by her is really good.

····
Time passed slowly, and after USD/CAD fluctuated at 1.0500 for half an hour, Canada announced an important economic data.

Canadian retail sales monthly rate in November!
Previous value: 0.3
Forecast: 0.3%
Published value: -0.3%
Bearish CAD, bullish USD/CAD!

Suddenly USD/CAD skyrocketed!

It rose by 10 points in 100 minutes, from 1.0500 to 1.0600!

Lin Haocang's account has an extra profit of 8000 million US dollars, and the floating profit is 1.52 million US dollars!

在1.0600位置震荡10分钟之后，美元/加元再次上涨了15个点，从1.0600位置冲到了1.0615位置！

Lin Haocang immediately closed the 8 long positions in his account, causing USD/CAD to drop by 10 points!

His average closing position was at 1.0610, with a profit of 200 pips and $1.6 million!
The net value of the account reached 9.6 million US dollars, and Lin Haocang immediately withdrew 6000 million US dollars, leaving a net value of 9 million US dollars!
The withdrawal arrived in the account soon, and the bank card accounted for more than 4.6 million, plus the original 5 million, a total of more than 9.6 million.

Lin Haocang transferred the mantissa of 680 million to Luo Xueqiong's bank card, leaving 9.6 million in his own bank.

···
At this moment, Yaobing Fund, Wang Yaobing slapped the table hard, unexpectedly, the US dollar/Canadian dollar skyrocketed again tonight!
Fortunately, he set a stop loss at 1.0540. When USD/CAD rose sharply, his stop loss was triggered. However, USD/CAD rose too fast, causing the average position of 5 short positions in his account to be closed at 1.0560, a loss of 120 points, a total loss of 6000 million US dollars!
This made Wang Yaobing very unwilling. He wanted to do an ultra-short-term, capped USD/CAD, and earned a little money back!
Immediately, he shorted 1.0600 lots of USD/CAD near the 5 position, and then USD/CAD fell by 40 points. Wang Yaobing quickly closed his position, but when he closed his position, USD/CAD rose again. Made $1000 million back.

All in all, it still lost $5000 million tonight.

Sighing, he began to eat his dinner.

(End of this chapter)