Chapter 118: 0 day reward

Congratulations to the user who has been a customer of the Bank for 100 days, and will receive a lucky draw.

When William Chen woke up in the morning, he finally saw the flashing activity logo on the interface of Future Bank.

There have been no new activities in the bank for so long in the future, he almost thought it was stuck.

However, this time it is still a lottery reward, similar to the last full moon reward.

Seeing this event, Chen William realized that today is October 7th, and it has been a hundred days since he activated Future Bank.

William Chen glanced at Ivanta, who was sleeping soundly beside him. It seemed that she was really tired last night. After all, we learned a lot of knowledge together, which was quite exhausting.

As for the lottery, William Chen has already had one experience, so the sense of ceremony should be sufficient.

So after he got up, he went to take a shower, washed his body and his body was fragrant, then prayed to the gods, and opened the panel to choose a lottery.

He only saw a slot machine appearing in front of him, and then the panel of the slot machine began to scroll rapidly. When the scrolling on the panel gradually slowed down, until it stopped, a special effect appeared, and he saw the display showing "The prize has been distributed to Inventory" prompt.

Opening the inventory, Chen William found that what he got this time was a new item——

The price fluctuations in the financial market cause the transfer of wealth. As a fluctuation master, you can grasp and predict fluctuations. This card allows you to experience the mastery of volatility masters. It is valid for 90 days, and you can get the detailed time of the highest price and lowest price of a specified single financial product within 90 days.

This is still very useful. If you can know the lowest and highest prices within three months, you can use leverage to make a wave.

But now the question is, which financial product to choose to use this?

First of all, stocks can be ruled out, because there may be a certain kind of stock that has a big ups and downs in three months, but there are too many types of stocks, how do you know which stock to choose can have a relatively large ups and downs?

The other is a single stock, the circulation is still slightly smaller, and the capacity is limited. If it is only a few million or tens of millions of funds, it may be possible to operate it. A stock with a multi-fold increase, but its market capacity is there, and the daily trading volume is definitely not high. If the capital is large, whether it is opening or closing a position, it can straighten the original large fluctuations.

It's like the seaborne stock that William Chen saw when he first used the Eye of the Future. Yes, the minimum is only 0.3 US dollars, and it can rise to more than 100 US dollars. This is a 300-fold increase. It can be said to be a monster. The demon stock in the stock.

But it is often that the biggest feature of this kind of stock is the small trading volume and the small plate, so it can have such big fluctuations. At that time, he only used 5 million US dollars, and he had already made dozens of times the original 300 times increase.

But now, how could William Chen choose such a stock with an outstanding rise and fall among the nearly ten thousand stocks in the US stock market? Even if it is selected, if the plate is too small in the end, it will not make much profit.

So, the first thing to be excluded is stocks. Then, the volatility must be slightly larger, and the market capacity must be larger. In the end, William Chen decided to choose gold futures. After all, he now has more than 1 billion US dollars of funds in it, so he is still very concerned about the follow-up price trend.

And if he chooses other futures types, such as crude oil or foreign exchange, he does not have much funds to operate now. If there is a good opportunity, he also needs to use the funds of gold futures; if there is no good opportunity, it will be a waste. .

After thinking about it, William Chen chose to use it, and then the options appeared in front of him. Among them were most of the mainstream financial investment varieties in the world. William Chen curiously clicked on stocks and found that there are many categories, including the American market, the British market, Japanese market and other categories, uh, there are also my big A shares in China.

When I clicked on the American market, there were three options for New York, American and Nasdaq. I randomly chose the New York Stock Exchange, and there were so many ticker symbols in it, I was dizzy.

So after Chen William quit all, he chose gold futures trading in the COMEX branch of the New York Metal Exchange. After clicking OK, uh, after a golden special effect, a fluctuation line appeared, and after it gradually disappeared, two data appeared. :

Highest price: $1,122 per ounce

Time: 14:35 on October 15, 2009

Lowest price: $774.5 per ounce

Time: 10:14 on December 21, 2009

My dear, the time is really accurate, even the hours and minutes.

But what surprised William the most is that it is now October 7th, so after more than a week, what will happen to make the price of gold start to fall until it falls to $774.5 per ounce in mid-December?

This is a question worth thinking about.

Now William Chen can't help but feel scared for a while. Fortunately, he didn't add too much leverage. Before, he only knew that the price of gold would start to rise from the lowest price of US$615 per ounce, and then by May next year, it will reach a historical high price of 1400 per ounce.

At the beginning, he also guarded against fluctuations in the middle, certainly not all the way up, but he did not expect that there would be such a big fluctuation. After the price of gold rose by $1,122 an ounce, it would fall all the way down to $774.5 an ounce.

Therefore, in the current situation, it is very necessary to use leverage cautiously. Although the use of financial leverage can magnify the benefits, it also magnifies the risks. If you accidentally blow out your position and return to zero, then even if the price of gold rises again later, there is nothing you can do, because there is no capital at all. What is the use of rising more?

Now William Chen begins to analyze the data he has now:

He knows that this is valid for 90 days, which is from today, October 7th, until January 5th. If the lowest price in the middle appeared on December 21, and he now knows that the price of gold will rise from $774.5 an ounce to $1,400 an ounce, then after January 5, there will be such a sharp drop. , and even the odds of a break below $774.5 should not be too great.

William Chen checked and found that the current gold price is around US$1,000 per ounce, which means that after more than a week, on October 15, it will reach a high of US$1,122 per ounce in three months. It is necessary to sell the currently held long futures, and then short the backhandBecause the high and low values ​​during the period from October 15th to December 21st are determined, you can use a relatively high value at that time. Financial leverage, of course, also needs to consider the capacity of the market.

After all, William Chen estimates that this prediction should be the future trend without his participation. If he uses excessive leverage, such as directly using $1 billion to leverage 100 times, so as to operate funds as high as $100 billion Not only will it have a relatively large impact on the market, but with such a blatant use of high leverage, as long as someone lowers the price by 1% in a short period of time, his $1 billion in fat will be eaten into his mouth.

As for whether there is an incentive to lower the price by 1% at the close, it is also related to the amount of funds he has. The same is to bet 1%. Maybe Chen William bet 1 billion US dollars, and the other party will have the incentive to eat it. And if he only bets $100 million, then the other party feels no need to do it compared to the capital it takes to hit those prices.

This is also the reason why the larger the amount of funds, the more cautious the operation will be, and the less willing to use too high leverage.

When your capital is only tens of thousands or even hundreds of thousands of dollars, you can use high leverage to gain high profits. But when your capital is hundreds of millions, or even billions of dollars, even doubling the leverage will be a bit of a trepidation.

At present, the daily trading volume of the New York gold futures market is about 1 trillion US dollars, so the total trading volume is in the tens of billions level, which can be considered safe. If the trading volume is too high, it will not only increase the difficulty of opening positions, but also the emergence of these transactions. , for other big institutions that always pay attention to price changes, it is too obvious, and it is easy to be targeted by wolves.