American Ranch

Chapter 276 Hospital
Chen Mo tidied up the files in the safe. Unimportant files continued to be locked in the office safe. Important files were packed and put away, and they were taken home and locked in a safe with a higher level of security at home...

Then I packed up some clothes and drove the BMW X7 out.

It was getting late, and Chen Mo went to the feed factory in the Moro Valley first.The factory office area, which is now the logistics office of the Valley Ranch, listen to their work report.

The department manager, George, used to be Consi's subordinate. Now this department is independent, and the required funds are directly applied to the Finance Department.

Then I went to the breeding department. The department manager, Kang Si, is responsible for breeding, epidemic prevention, regular and irregular inspection of the ecological environment in the pasture, and supervision.

Then there is the ranch department, the department manager John, the deputy manager Hank, and the temporary deputy manager Brooke are responsible for the breeding of cattle and sheep.

There are 26 people in the Department of Agriculture, and the department manager is still John.John does things carefully, conscientiously and responsibly. He can take care of the troublesome work in an orderly manner when entrusted to him.Bright asked Chen Mo for John before, but Chen Mo didn't agree...

River Valley Ranch can live without Moxie and Cons, but John, he must stay.

The CEO is Moxi, who is in charge of the Administration Department and the Commerce Department.

The financial department of the ranch is an independent department, and the chief financial officer, Chris Ivan, is a senior accountant recommended by Wells Fargo Bank.

Then there is the legal department. Hegu Ranch has two lawyers who also work part-time as administrative clerks of the ranch.

In the current valley ranch, there are not many people in the administrative department and the commercial department directly under Moxie. They all work for a few minutes, and there are not many jobs in the first place.

I walked through the departments one by one, listened to their work reports, left the ranch after nothing happened, and went straight to San Jose.

Ellie was quite obedient and did not go through the discharge procedures, but she continued to study the materials sent by Jimmy on the hospital bed. Chen Mo went in and Ellie didn't even notice.

Chen Mo stood beside her and looked at her for a long time, then reached out and tapped her on the head: "What are you doing, I told you to take a good rest."

"Hee hee, you're here... I'm fine." Ellie flipped through the trading curves of spot gold in the past dozens of days: "Come and see, what are the similarities between these trading curves and price curves."

Chen Mo couldn't understand the same curve as the earthworm crawled, and he didn't bother to look at it.

"Are you really planning to enter the gold market?" Chen Mo asked cautiously.

"Well, I want to go in and give it a try, you will support me." Ellie pouted to show her cuteness.

"These leverages, which are easily magnified hundreds of times, are not too risky."

Ellie still had salt water in her hand, but she hugged Chen Mo's arm indifferently, and said coquettishly: "Leverage and risk, it seems... there is no direct and inevitable relationship, high position is the source of risk."

Chen Mo smiled wryly. In the past, Chen Mo would definitely be fooled by Ellie, but now...

Ellie is right, risk has nothing to do with leverage.

A high leverage ratio equals high risk, which is a common perception that has been circulating in the investment arena for a long time.But actually, it's not...

The price of gold is now $1255.3 per ounce, and one lot of spot gold is 1 ounces ($100).

The margin for one lot of gold is US$1000, which is 125.53 times the leverage. If you buy the wrong one, you don’t have enough margin... If you fluctuate by US$6, you will be liquidated.The general rule of liquidation is that the net value is lower than 20% of the used margin, the system will forcibly close the position, and the account will have about 200 US dollars left.

Spot gold, this thing is very exciting, generally, the price fluctuation of 1 ounce of gold in a day, the range of 5 dollars is normal. A $30 swing would also have...

Anyway, if you want to make more money, you have to take greater risks, there is no suspense about this.

If you invest $1000, you may even earn two or three thousand dollars a day.It may also be a few minutes to liquidate and exit the market... 1000 US dollars to enter the market, this is the so-called full position, the risk is extremely high, and normal people will not do this.

High leverage transactions are margin transactions, high leverage is not the source of risk, but high position is the culprit of risk.

The higher the position, the higher the risk.To control the position is to control the risk (risk of liquidation)...

It seems that a big hoarder once fooled like this: buy it back, no matter whether it rises or falls, if you don't sell it, you will lose money...

If high leverage is used and the account balance is too large, maybe something else will happen, such as buying another lot?As a result, the position cannot be well controlled. If one does not pay attention, the position will be liquidated in one click.

If you want to make money in the highly leveraged market, you must leave enough funds in your account.Therefore, if the original leverage is 100 times, the actual investment needs to be more...

Futures and the stock market are actually using leverage.If the position can be controlled, the risk of futures is less than that of stocks.The leverage of futures is controlled by investors, and the leverage of stocks is controlled by listed companies.But futures leverage is too tempting... A hundred times leverage, a hundred times profit, people's inner desires are magnified a hundred times.If the leverage is [-] times, then the desire in the person's heart will be magnified [-] times...As long as you are a person, you will have desires, and this thing is not so easy to control.

Chen Mo looked at Ellie for a long time: "Are you really sure?"

"Let me observe again, do some medium and long-term operations, and some short-term operations. Seventy to eighty percent of them should be able to make money, but how much money can be made... If you want to make more money, you have to face more risks. I haven't researched it thoroughly, so I have to go back and do a good calculation..."

Chen Mo reached out and touched Ellie's forehead. He no longer had a fever, but was a little cold: "Have you had lunch yet?"

"I've eaten. The Dawgson's Restaurant delivered it directly..." Ellie reached out and hugged Chen Mo's arm: "I want to be discharged from the hospital. It's too boring in the hospital."

"I'll ask the doctor."

The doctor came over to check Ellie's question and offered to stay another night.Ellie's current condition is still very unstable and may recur at any time.

After finishing the drip, Chen Mo went out with Ellie for a walk: "You mean, the financial crisis may be coming soon?"

"I don't know. This is something that no one can say for sure... It's just that the vacation is coming, and everyone doesn't want to go out to work. I said before that I will enter the gold market this summer vacation, and I have been researching spot gold..."

"Those classmates of yours are all very good?" Chen Mo was a little speechless when he thought of the increase from 5.00% to [-]% they proposed before.

Ellie scratched her head, shook her head, and nodded again: "We each have our own strengths. The calculation I am best at... Some people are good at trading, and some are responsible for collecting news, information, data, analysis, etc. The main reason is that we have previously Cooperation, everyone can trust each other. Entering the market, of course, the more money the better.”

(End of this chapter)