super energy power

"Recently, I played for fun and made some money. ┗#_ ┛" Hamm said simply, but with a smile on his face.

Even for Americans, oil futures are new, having only appeared in the last few years. 1986 was a year of ups and downs for oil futures. The ups and downs almost doubled and many people made a fortune or lost money. By 1987, the number of participants in oil futures increased suddenly.

Here, hedging oil companies and factories are the core, followed by speculators and workers in oil-related industries.

Although the trading volume was enlarged, the oil market in 1987 was really stable, and not many people could make money in this year. Hamm did have proud capital.

Su Cheng hesitated for a moment, but still asked: "Can I participate in oil futures?"

Hamm smiled and asked, "Are you rich?"

Su Cheng turned his head to George and said, "If you can be my financial leverage, I guarantee you will not lose money. I will use my salary for the next 10 days, which is 1000 US dollars to bet, but please use 1 US dollars Help me buy oil futures, if my floating loss exceeds 10%, you will automatically close the position, sell the futures, and take my money to compensate for the loss. If you make money, I will give you 50% of the tap."

"1000 US dollars, are you willing?" George is more familiar with China, persuaded: "The futures market is changing all the time, and 10% changes often appear."

"I am very clear. It is only because China currently does not allow individuals to directly invest in foreign futures, so I ask you to help." Su Cheng thought for a while, and then said: "In the past year, the GDP growth of the world's major industrial countries has been flat. And OPEC controls the output to be stable, it should be said that this is the year when the market oil price is most in line with the official pricing, in this year, it is not easy for the oil price to drop by 10% all at once.”

Hearing that he said so professionally, George was slightly surprised.

In his eyes, China is still the ancient China. Being able to speak English OPEC and understanding the role of OPEC are two completely different concepts.

George and Ham, Henry looked at each other, nodded slightly: "I can let you try it, but if the situation is not good, I will sell it at any time."

Hamm added: "The smallest unit is 1000 barrels. According to this price, it is 1.8 US dollars. If the fluctuation exceeds 5%, you will lose 1000 yuan."

"Then, if there is a 5% situation, you can close the position." Su Cheng is also desperate.

If he loses this opportunity, he doesn't know when he will get his first pot of gold.Being in a state-owned enterprise can give him access to the oil he likes, but being in a state-owned enterprise also has many places where he is not free.

Naturally, Sioux City did not remember the specific oil price changes in 1987.However, this is indeed a very special year. The stability of oil prices cannot be reproduced in future generations.In the years before and after that, the price of oil was as low as $10 and as high as $40.Only in 1987, the price of oil fluctuated around US$18. In fact, most of the time, it was below RMB.

This is also the reason why Su Cheng didn't deliberately understand the futures market and knew this information.

Although there will be no such ups and downs in the market to make money, but in addition to holding a pda to travel, what Sioux City can take advantage of is the stable price in 1987.

"Come on, how do you usually look at the futures market?"

"There is a dedicated line in the conference hall." Hamm jumped up first. He gambled heavily, no matter how much the bet was, the level of excitement was the same.

A group of people moved into the conference hall, used the slow dedicated line there to check the quotations in the futures market, and used the phone to conduct buying and selling operations.

Fortunately, today's price is bouncing upwards.

Su Cheng immediately pointed to the standard crude oil and said, "Please sell short at 18 yuan."

So George made a phone call, bought 1000 barrels of New York Stock Exchange contracts with his own money, and told the other party that he would close the position if he lost 5%.

As soon as the transaction was completed, the market started to go down.

This shows that Su Cheng made the right bet.Hamm asked anxiously: "Look at the news, is there any bad news today?"

He turned his head and asked Su Cheng, "Did you see any bad news?"

Su Cheng shook his head.He only knows that if he sells short at the price of 18 yuan, it is impossible to lose 5% anyway, because that means that oil will rise to the point where there was almost no such market in 1987. Too many, the oil futures market with more than 2400 million contracts is like a big lake full of water, unless there are continuous heavy rains, the water will not rise.

Only next year, when Saudi Arabia and other countries violate OPEC's production quotas and export a large amount of crude oil, will the price fluctuate violently.

Still, during a day of futures trading, prices fluctuate quickly, which is like a tidal phenomenon.

On flickering computer screens, New York crude oil prices quickly fell back to

Sioux City decided to liquidate and earned 40 cents per barrel of crude oil, making a total of $400.

Hamm laughed and said, "Not bad, not bad, 40% is quite a lot."

Henry also spun his wine glass, staring intently at the screen.

Su Cheng smiled and said nothing, and when the price fell below [-] yuan, he backhandedly went long, that is, betting on the rise.

This time the wait was a bit longer, about half an hour, before we arrived.Sioux City was not greedy, so it liquidated the liquidation directly and got $0.

Within 10 minutes of three or four, 60% of the profit was made, which should be said to be pretty good.Especially for a Chinese, this is equivalent to his salary for several years.

In fact, price fluctuations were so flat throughout 1987 that most futures traders made their hard-earned money just this way.

However, from another perspective, if there were not countless price-sensitive futures traders earning this money, the fluctuation of crude oil prices would be much more violent.

"Do you want to continue?" George was curious about Sioux City's methods, and continued, "Based on your 1600 yuan basis, I can lend you 3 dollars this time."

"Okay, then, let's sell short here. It may take a little longer this time."

"It's okay, let's play poker!" The three foreigners were very energetic, and all sat at the conference table.

That night, none of the four of them slept, watching Su Cheng manipulate the futures.

They have already seen the trading pattern of Sioux City, which is to buy long if it is lower than the baseline, and sell short if it is higher than the baseline.

If you know it, you know it, unless you are reborn, you dare not operate like this.

Because there are too many factors that may cause the price to fluctuate.For example, a too-successful or unsuccessful OPEC ministerial meeting, a too-successful or unsuccessful U.S. presidential speech, a third-party investigation report, a blowout of an oil company, an inter-bank share sale, war, debt default, etc. Both can cause immediate and drastic price changes.

With Su Cheng's method of operation, it would be tantamount to losing everything.

However, 1987 was really special. In this year, nothing happened to traditional troublemakers such as Saudi Arabia, Iran, and Venezuela. OPEC controlled output changes to an astonishing 1%, oil companies did not carry out any mergers and reorganizations, and industrial countries developed steadily. Like mechanical movement, world peace...

In fact, apart from this year, there is no other year in which the market oil price follows OPEC's guidance so well.

Sioux City repeated the operation 7 times, and made a total of 3500 US dollars when the market closed.Not a lot, but enough to be eye-catching.

According to the 50% sharing ratio, George took out 1750 US dollars from the suitcase and handed it to Sioux City. He seemed angry but said happily: "I'm going to run out of cash."

"Can you open a bank account for me? This way I don't need your cash." Su Cheng continued his words.Foreign countries have a variety of bank accounts that only require passwords, and there are also groups of non-natural person accounts operated by principals. This is a good thing that does not exist in modern China.

George nodded and said, "With your authorization, of course."

He immediately started working on the phone.George is a middle-level and high-level employee of the United Chemical Group. He has his own accountants and lawyers. Through them, the work that originally had to wait for a day was completed quickly.

George then handed the phone to Sioux City, and said, "The account has been set up, you can use the phone to set the password now, remember the account number, and this will be your si property in the future."

Being willing to help Sioux City, besides earning half a month's salary, George is also optimistic about his future.

As far as he knew, Su Cheng was gambling with all his wealth, and his courage alone was astonishing.

How did he know that Sioux City operates transactions in a relatively safe situation, which has nothing to do with courage and boldness.

In the next day, the three visited several equipment factories in a hurry, and returned to the conference hall before the US futures market opened.

The hot-eyed George and Ham took out more than half of their family assets, and together with George, they pooled 10 US dollars and handed it over to Sioux City for operation.Sioux City can still share 50% of the money earned, but bear all the risks.

The difference is that Su Cheng's commission will be directly calculated and deposited into his own bank account every time.

By the same method, by the morning, Sioux City's income had increased to $4000.George and the others were completely relieved.Now, Sioux City has the ability to resist and compensate for the possible risks caused by the futures market.The three of them are just like a bank in Sioux City, with huge profits and extremely low risks.

"bang bang"

The waiter gently knocked on the door to call for morning.

Su Cheng climbed out of the hotel, got into the car, and fell asleep.George and the others had slept in the shift, and they were able to persist at this time, and their happy noses were all red.

This night, they also earned an average of more than a thousand dollars.Best of all, the night can go on.

Cui Hongguo, who was a little famous just now, was very embarrassed, and said in English: "Sorry, Su Cheng may be too tired."

"Yes, it's very hard." George carefully took off his upper body suit and covered Su Cheng, as if he was offering to the God of Wealth.

……

c! .