American Ranch

Chapter 281 Crazy Gambler

Spot gold is a global market. Simply put, when one market ends, another market will open in succession.

Before dawn, Ellie went to the studio, keeping an eye on the London market, and began to build up positions, buying and selling.

Chen Mo slept until dawn, and brought breakfast to the staff in the studio. Ellie and the others were already closing their positions, preparing to transfer to the North American market, and they had made a lot of money.During the one-hour break, Ellie reported her results and earned $163 million.

The Federal Reserve suddenly announced to raise interest rates, and chose to raise interest rates last Friday, which brought great turmoil in the global financial market.

In this market, many people are becoming more and more incomprehensible.

1 ounce of gold has fallen to $1184, there are many people who are ready to buy the bottom...

On the big screen, the price of gold is beating almost every breath, up $0.01 or down $0.01.

The price of 1184.61 US dollars ushered in a rise. Ellie stared at the market for more than ten seconds, Chen Mo, and it rose to 23 points in just these ten seconds.

There was no business in the entire workshop, and the price continued to rise, reaching $1186.79.So more than half an hour has passed...

"Open a position, 1186.90, 1 lots, short." Ellie said suddenly.

Everyone took a breath...

"1187.10, 1 lots, short."

Seeing the price continue to rise, Ellie's heart beat violently.

Only the sound of keyboards and people's breathing can be heard in the room...

"It's 1187.80." Zhou Feng said, looking at Chen Mo.

Short selling 1 lots, up $1, loss of 100 million.

The price of gold continued to rise, and Ellie just stared at the big screen and closed her eyes for a while: "1188.10, 1 lots, short."

Chen Mo watched quietly, but couldn't help his heart beating violently.

"1189.10, five thousand lots, keep empty."

Gold prices continued to rise, breaking the 1190 mark.

Ellie's complexion was a little rosy, and she was hot. She kept taking deep breaths to adjust her emotions, and her head was crazily calculating: "Close all positions."

Closed at around $1190.30 with a loss...

Short selling four times, the first time was 340 lots, loss: $320 million.The second time 220 lots, loss: $60 million.The third time with [-] lots, loss: $[-] million.The fourth [-] lot, loss: $[-].

Total loss: $940 million.

Today, I entered the market with 9429 million US dollars, and I made 163 million in the morning.

Current account balance: $8652 million.

……

The price of gold continued to rise, and by noon, all positions in the morning were flattened.

There was a big fluctuation in the price of gold at noon...

In the afternoon, Ellie continued to watch the price of gold rise to $1194 without saying a word...

"1194.30 USD, open a position, 2, short."

"Continue to build positions, continue to... $1194.50, 3 (lots), short..."

Ellie's breathing became a little heavy: "1194.80, 3, ten thousand hands, hurry up...does the available account balance still have 652 million?"

"Yes." Zhou Feng said.

Ellie covered her mouth and took a deep breath as if praying.

"It's almost 1195." Zhou Feng said.

"It will definitely fall, it will definitely..." Ellie gritted her teeth.

"Continuing to rise..." Ellie scratched her head: "Wrong, wrong, it's 1200, it's 1200...Close the position, close the position quickly."

Chen Mo watched the explosion on the spot...how much was the loss?

Close the position around 1195.2, a total of 5 lots, loss: 300 million.

Account balance: $8352 million.

……

Spot gold is a game between the main bears and the main bulls.

With a fund of [-] million entering the market, as far as the spot gold market is concerned, it is still just a retail investor.

"Turn to long position and buy with full position."

1195.35 – Buy at $1195.63, price continues to rise…

"It's $1196." Zhou Feng said.

Allie bit her finger.

"It's $1197..." Jimmy exclaimed excitedly.

"It's $1197.50." Zhou Feng reminded.

Ellie bit her finger and continued to look at the market...

"Time..." Zhou Feng reminded again.

"Wait, wait..." Ellie gritted her teeth.

"time……"

"It's still early, there's still an hour and a half..."

"$1198.20. Time..."

"Close the position." Ellie took a deep breath, sat weakly on the chair, and watched the curve trend of the market, approaching $1199.

After a long time, Ellie stood up from her seat after all the trader positions were closed, and she was too lazy to think: "How much is left in our account?"

"We just placed 8.352 long positions." Roosevelt, a senior trader, came over and said tremblingly.

Now it is approaching the delivery point, let alone 8.352 lots, no matter how many there are, they will be swallowed easily.

"The average profit on one lot is $280."

Ellie let out a long breath with her face flushed, and waved her hands vigorously.

I made a profit of 2338 million U.S. dollars by switching to long orders, and I currently have 1.069 million U.S. dollars in my account.Ellie felt her heartbeat and touched her forehead...

Chen Mo stood beside him. He thought he had lost money, so why did he still make money?
This roller coaster is so exciting.

Chen Mo felt that his heart was not good, it was beating...

Millions of losses, tens of millions of profits, it feels like a matter of minutes, so frighteningly scary.

Ellie took several deep breaths to calm down.

At the two points of 1190 and 1195, Ellie was on the verge of collapse due to consecutive misjudgments.

After judging the point of 1200, Ellie became hysterical, and directly attacked heavily.

This point is actually very, very dangerous. The previous judgment was that gold would usher in a big drop.If the judgment is wrong again at the point of 1195, the operation of the full position is not good, and the position will be liquidated this afternoon.

"Open a position again, it has reached 1198.53..."

Roosevelt was stunned when he heard it: "The market is going to be closed."

"I know……"

"It's 1199, the market direction is very unclear, hold an overnight position..."

"Quickly build a position," Ellie said.

"How many……"

"[-] lots, sell short."

Holding positions overnight is very dangerous in the gold market.The overnight warehouse was accidentally blown up...

2 hands...

Spot gold is traded 24 hours a day.The North American market stopped, but other markets are still operating...

1200, Ellie's calculation must be a critical point... But if it is wrong... 1 ounce of gold, if it suddenly rises by 50 dollars at this time overnight, that is, from 1200 dollars to 1500 dollars, the money in Chen Mo's account will be instantly explode.

Ellie's current situation is a bit out of control, not like a calm manager of a trading team, but like a gambler.

Also a crazy gambler.

A position opened at $1199.50, 2 lots... There was a big fluctuation at the close, and the U.S. market closed at $1198.13...

"Yes, the judgment is correct, come to count the money tomorrow." Ellie stared at the big screen until the closing, and finally let out a long breath.

Chen Mo didn't know what to say...

Look at Ellie, let everyone pack up and go back.

"Are you sure gold is going to fall?" Chen Mo opened the car door for Ellie, sat in the passenger seat, and said.

"It will definitely fall. It will definitely..."

Chen Mo looked at Ellie: "Your previous operations... I mean, when you first started, you felt very calm. But last weekend and today... your mentality..."

Ellie froze for a while, "Trust my judgment."

Chen Mo smiled: "Of course, of course I believe you."

(End of this chapter)