I just want to enjoy life

Chapter 729 The small goal of 736300 billion US dollars has been achieved
"Yes, President." Everyone quickly began to implement Abigail's order. The trend of spot gold is already very unfavorable to them. If they continue to resist, the consequences will be disastrous. A decisive person can decisively choose to cut his flesh every time he encounters such a situation, which is why their big asset management company has been able to turn around.

Spot gold continued to plummet under the liquidation of large asset management companies!

After 30 minutes, spot gold fell another 100 points to 1235.0!

Big asset managers also closed out all long positions.

账户里的那100万手现货黄金的多头单子，平均平仓位置在1242, 亏掉了180个点, 共计损失18亿美元，账户净值还剩下27亿美元。

There was still a net worth of US$45 billion in their account before, but I didn't expect that there was still US$27 billion left.

This loss can be described as not small, the loss rate is as high as 40%!

The assistant looked at the decadent Abigail, hesitated for a moment, and said, "President, we lost a total of 18 billion dollars this time!"

Hearing this, Abigail took a few deep breaths, her heart ached to death.

18 billion U.S. dollars, a loss of 40% in one fell swoop!

Looking at the trend chart of spot gold, he suddenly said: "Prepare to short spot gold!"

When the assistant heard this, his expression changed immediately, and he asked, "President, are we going to be short?"

"Well, go short." Abigail calmed down the anger in her heart, and said solemnly: "Since it is wrong to go long spot gold, then we should go short. If we closed the position and did not go back and short it, why did we close the position just now?"

Since it is wrong to be long on spot gold, then backhand short, if not backhand short, why would he close his position?

Moreover, spot gold has formed a double top, and it is bound to continue to fall sharply.

It’s nothing to lose $18 billion before, and you can definitely earn it back by shorting spot gold in the future.

Upon hearing this, the assistant quickly said, "Yes, President."

···
At this moment, in the Sky Capital Center, Lin Haocang saw that the spot gold had plummeted to 1235.0, with a smile on his face.

Now he holds a short position of 200 million lots of spot gold in his account, with a floating profit of 200 points, and a total floating profit of 40 billion US dollars. The net value of the account has reached 290 billion US dollars, and it will soon reach 300 billion US dollars. Lin Haocang remembers I once set a small goal for myself.

This small goal is to earn 300 billion US dollars, and it seems that it will be achieved soon.

The small goal of 300 billion US dollars, calculated according to the exchange rate, is 2300 billion!

"Those small goals are only [-] million, which is too LOW."

Putting down his teacup, he left the office.

·····
At this moment, at the Jiangdao Branch of Gaosheng Bank, Li Zetai saw that the spot gold suddenly plummeted by another 100 points, and it had already fallen to 1235.0, and his face was extremely pale!

Beads of sweat fell from his forehead one by one, and his back was wet.

The heart became more and more desperate.

At present, he holds a long position of 100 million lots of spot gold in his account. The average opening position is 1240.0. A fluctuation of one point is a profit and loss of 1000 million US dollars. Now the floating loss is 50 points, and the total floating loss is 5 million US dollars.

He never imagined that spot gold could still plummet!

And it directly fell below the 1240.0 position!

You must know that the position of 1240.0 is the support position formed by the 5 moving average. The spot gold has been falling below, and there is no support at the position of 1240.0!

He was not only terribly angry, but also terrified!

Spot gold actually directly crossed the 1240.0 position, indicating that the bulls in the market have collapsed across the board!
Li Zetai wanted to close the position, but held back!

He has a huge gap in his heart, and it is difficult to start!

You must know that the highest floating profit in his account today is 25 billion U.S. dollars, and now he has a floating loss of 5 million U.S. dollars.

"What the hell, keep fighting!"

"Labor and capital don't believe it, it can still fall!"

"The following is the support position of the 10 moving average structure, where there should be strong support!"

Li Zetai thought that he closed the position last week, which resulted in a loss of 40 billion US dollars in vain, so this time he still felt that he would lose money in vain by closing the position, so he simply kept holding it!

····
At this moment, Liu Jianhui of Mogeng Bank, Jiangdao branch, saw the spot gold plummeted to 1235.0, his expression changed drastically, and he stared at the market angrily, feeling extremely uncomfortable in his heart!
Now he holds a long position of 100 million lots of spot gold in his account, and now has a floating loss of 100 points, a total floating loss of 10 billion US dollars!

The highest floating profit of 20 billion U.S. dollars has become the current floating loss of 10 billion U.S. dollars. The gap in his heart is indescribable, and he is very regretful. Why didn't he close the position earlier, why he was so greedy, and insisted on earning more than 30 billion U.S. dollars?
It is also difficult to close the position now, he can't do it.

If you close the position now, you may lose more than 15 billion US dollars.

He is not reconciled.

····
Time passed slowly, spot gold was supported at 1235.0, and has been moving in the range of 1235.0 points from 1238.0 to 30.

Finally, it closed at 1238.0.

The next day, Tuesday, August 8th, the spot gold in the Asian market and the European market was moving in the range of 10 points from 1235.0 to 1240.0, and there was no big market.

At the opening of the American market in the evening, spot gold rose again to the 1240.0 position.

·
At this moment, at the Jiangdao branch of Gaosheng Bank, Li Zetai watched the spot gold rise to 1240.0 again, and he was relieved that there was no floating loss in his account.

"Go ahead and take it!"

Now he sees hope again, as long as he keeps taking it.

I was also glad that I didn't choose to close the position before, otherwise I would lose money in vain.

·
At this moment, Morgan Bank, Jiangdao branch, Liu Jianhui saw that there was only a floating loss of 5 million US dollars in the account, and he felt relieved, and murmured: "Finally, it stopped falling."

···
At this moment, Abigail, a large asset management company, watched the spot gold rise to 1240.0 again, and he felt that the opportunity to short came.

He has been looking for an opportunity to short spot gold since last night until now, and now he has finally confirmed that the 1240.0 position is a very good short selling point.

He immediately shouted: "Short 100 million hands for labor and management!"

Yesterday, they lost 18 billion US dollars by being long spot gold, which proved that it was wrong to be long spot gold, so today they have to do the right thing, which is to short spot gold.

"Yes, President!" Everyone immediately began to sell short!

Under the short selling of large asset management companies, spot gold began to plummet!

It quickly fell below the 1235.0 position, but was only supported for 2 minutes, and the spot gold continued to fall, and finally fell to the 1230.0 position!

At the moment, they hold a short position of 100 million lots of spot gold in their account. The average position of opening a position is 1235.0. A fluctuation of one point is a profit and loss of 1000 million US dollars. Now the floating profit is 50 points, and the total floating profit is 5 million US dollars. The net value of the account As high as 32 billion US dollars.

·
At this moment, Lin Haocang of Sky Capital was overjoyed to see that the spot gold price had fallen to 1230.0.

At present, he holds a long position of 200 million lots of spot gold in his account. The average opening position is 1255.0. A fluctuation of one point is a profit and loss of 2000 million US dollars. Now the floating profit is 250 points, and the total floating profit is 50 billion US dollars.

The net value of the account is as high as 300 billion US dollars.

"Tsk tsk, the small goal of 300 billion US dollars has finally been achieved." Lin Haocang picked up the teacup and took a sip.

Although this small goal was a bit much and took a long time, it was finally achieved.

(End of this chapter)