American Ranch

Chapter 278
"Hello." Chen Mo poked Ellie's back with his fingers.

Ellie shrank to the corner of the bed, ignoring Chen Mo...

"It's fine if you don't want to, anyway, I don't understand this stuff..." Chen Mo hugged Ellie.

Ellie shrank into Chen Mo's arms: "It's not that I don't want to help you. It's just that the investment is too large, and the difficulty of trading will increase exponentially..."

"Forget it. I'm burning too much money now, so I'll pay off part of the bank loan tomorrow." Chen Mo held Ellie in his arms: "Okay, don't be angry."

"No... I'm... Well, how much profit do you expect to make."

"How about 70.00%? Invest 70.00 million and get [-]% profit, and you can repay the bank loan just now."

Ellie opened her mouth: "It seems...you still don't understand. We are entering the market for a period of three months, and you want to get 70.00% profit. The risk in it...is too great."

In the evening, Ellie once again explained spot gold to Chen Mo...

According to the trading standard of the international gold margin contract, use the price of one ounce to buy the trading right of one hundred ounces of gold.Then use the trading rights of this 100 ounces of gold to buy up, sell down, and earn the difference in the middle.And if the price difference is supplemented enough, physical gold can be extracted... It can also be understood as normal.

The New York gold market is currently the largest gold futures market in the world. Two-thirds of the gold futures contracts are traded in New York every year, but the transactions are very wet and mostly speculative...

Ellie explained to Chen Mo the trading rules of futures gold and spot gold.After talking a lot, Chen Mo understood a general idea...

Then she told Chen Mo about her team.If you want to trade [-] million, you need to add a few more professional traders, but her classmates also have to join in to help collect data and analyze market trends...

"But if you lose money, or lose it all, you can't blame me." Ellie looked at him in Chen Mo's arms, aggrieved: "If I lose your money, I still can't pay. I will accompany you in this life gone."

Chen Mo held Ellie tightly in his arms, feeling Ellie's growing softness: "Okay. If you lose, you promise with your body. If you win, I promise with your body too."

Ellie bit Chen Mo's shoulder hard.

The next day, Ellie took Chen Mo to meet her partner, expressing that she would like to hire this team...

Mature speculators must first have a profit-taking plan when entering the market, that is, stop as soon as they make a profit.Snowballing investment methods often lose everything...

These people have a profit plan.Chen Mo's weekly salary ranges from $950 to $2300.

The entire trading period is 3 months, excluding Ellie, there are 15 people, and the total salary is 2.08 US dollars.Three more professional traders were hired. The monthly salary of each of the three of them is 3 US dollars, and the three-month salary is 1 US dollars.

And take 18% of the profit after the trading is over as remuneration.The salaries of the three professional traders are very high, and they enjoy the sharing treatment, just like everyone else.A total of [-] people are divided into two percent.

The estimated profit is 7000 million, and the 140% profit sharing reward is [-] million US dollars.This profit sharing point may be high or low... It may even be a loss at the end of the trading period, and there will be no profit at all.

First, I applied for two accounts.

Account a injected funds of 7000 million.

Inject funds into account b of 3000 million.

In the cash gold market, the overall trend is still down.

When large funds enter the market, 1 million yuan, in theory, tens of billions of funds can be leveraged.But in that case, one wrong step will directly explode on the spot.

The first day is to open a position, and account a is to buy up.

Account b buys and sells.

Account a successively bought and sold 1612 lots at several low prices with margin, and the account made a profit of 21.6 US dollars.

Account b is buying and selling, buying and selling a total of 1710 lots, and the account profit is 46.3 US dollars.

Spot gold is traded 24 hours a day, with two days off on weekends.

Trader work, every morning from 08:30 to 8:[-] pm, the rest of the time rest.

Ellie used to operate stocks, and spent more than 700 million US dollars at most.But now, a day's profit and loss can be millions if you don't pay attention.

I am still practicing now, and when the time is right, the daily profit and loss may be tens of millions.

At night, when she returned to her residence, Ellie watched Jimmy and the others sort out news, futures gold, and news about major political situations.

Chen Mo poured Ellie a glass of milk: "You have two positions, can you see it?"

"It's easy to see."

"I..." is like a human-machine

Chen Mo watched Ellie keep instructing traders to buy and sell today, and Ellie stared at the constantly beating numbers of several computers, popping out points one by one, making people buy and sell...

It's like having a predictive function.At the point Ellie broke out, the buying accuracy rate reached more than 80.00%.As for the forecast curve trend, although the accuracy is less than a decimal point, it is accurate to single digits, and the accuracy rate is about 70.00%.There are errors, but they will not be particularly huge.

Of course, in actual operation, there are also many losses.

Chen Mo didn't want to ask any more questions. If he asked too much, he couldn't figure it out. If he continued to ask, his confidence would be hit.

Chen Mo stopped talking and went over to massage Ellie's shoulders...

the next day.

Ellie opened a futures account, but did not move...

Still wandering in the spot gold market, focusing on being a speculator.

On the second day, a total of 5121 lots were made, with a total profit of 3.1 yuan.

Originally, there was a very good profit point. If the position could be closed, the profit would exceed one million dollars...but there was a big fluctuation.

In the following time, the price of gold has been falling, falling to the lowest price of 1210.3 US dollars per ounce.

Ellie began to increase the holdings of account a by focusing on the contract...

But the price of gold is still falling.

It has fallen to $1190.

Buying from $1210, a total of 6000 lots are held on account a.

6000 lots were bought at different prices, and a loss of 780 million has already been made.

6000 lots, gold fell by 1 yuan per ounce, and the account lost 60.

"Boss... how about... close your position." Jimmy was terrified: "Look at the news, the Fed will announce that it will continue to raise interest rates."

Ellie's face is serious...

When the Federal Reserve announces a rate hike, it means that the U.S. dollar will appreciate, and when the U.S. dollar appreciates, investors will increase their investment in U.S. dollars...

Conversely, the dollar's strength...

Investing prefers to invest in dollars and thus invests less in gold.The reduction in the number of people and funds investing in gold will inevitably lead to a decline in the price of gold.

"It's $1187, is it still going to fall?" Ellie was a little frustrated. A lot of information collected recently indicated that the price of gold was going to rise.For example, the United States has a large national debt to repay...

"Close the position? Or be a gambler..." There is sufficient margin in the account.Even if it falls by dozens of dollars, I am not afraid of the risk of liquidation...

but……

In less than a month, the price of gold fell by more than $50.

Could it be that the judgment was wrong...

(End of this chapter)