City: No One Understands Finance Better Than Me
Chapter 94 Crude oil prices plunge!
$924 million!
Chu Ge nodded after seeing his account equity, and he was very satisfied with this wave of operations.
However, Chu Ge's mood is very beautiful, but it does not mean that everyone is like this.
Chu Ge is in a good mood now, and those who short crude oil are in a bad mood. The representative of them is Zhang Aiqing.
Seeing nearly half of the floating losses in the account, Zhang Aiqing started to cry, especially when his father Zhang Chengming said an hour and a half ago that this investment, regardless of profit or loss, would eventually become the start-up capital for his graduation.
"Dad, you've lost more than half of your losses, let's cut the meat," Zhang Aiqing said to Zhang Chengming with a sad face.
"A mere loss of more than 50 million makes you so restless?" Zhang Chengming said expressionlessly.
"But it's about to explode..." Zhang Aiqing wanted to continue, but Zhang Chengming's eyes glared at him and immediately swallowed his anger towards Chu Ge.
"Then blow out!" Zhang Chengming still maintained a flat expression.
"You just believe what that hairy boy said?" Zhang Aiqing could only continue to work hard, after all, this was his start-up capital.
"I only believe what I see. Besides, the investment will not be smooth sailing, isn't it just a mere 100 million yuan? If you lose, you will lose." Zhang Chengming raised his eyebrows and glared at Zhang Aiqing.
When Zhang Aiqing heard what his father Zhang Chengming said, he didn't dare to say any more. His heart was dripping with blood, and he was also scolding: Anyway, it's the start-up capital for me, of course you don't feel bad if you lose it, and that Chu Ge, hum. !
Just when Zhang Aiqing's heart was bleeding, the price of 380 crude oil rose by two points again, not only returning to the 38.98 position, but also one step away from 39.00, Zhang Aiqing looked at it with pain.
Just when Zhang Aiqing was in pain, Chu Ge also saw that the price of crude oil rose by two points again, but his eyes lit up.
Here's your chance!
100,000 lots, short crude oil!
Just when almost all the shorts were madly fleeing for their lives, he chose to enter the shorts directly, and he entered the market without hesitation.
39.98!
It seems that because of Chu Ge's short order of 100,000 lots, the price of crude oil fell again by a point, which scared Chu Ge to cancel the 200,000-hand short position he was about to buy.
After waiting for another half a minute, although the price of crude oil swayed, it did return to the 38.99 position.
While Chu Ge breathed a sigh of relief, he chose to short crude oil again.
300,000 lots, short crude oil!
Chu Ge did not shy away because his short order of 100,000 lots affected the market price just now. Instead, he increased his hand and bought a short position with a direct force of US$300 million.
38.99!
Um?
Not moving!
Chu Ge saw that although the price of crude oil started to fluctuate wildly because of his short list of 300,000 lots, it was miraculously stable at 38.99.
Seeing this situation, Chu Ge was overjoyed, he was actually ready to take it, this time because of the quick entry, the cost of reducing profit margins, but he didn't expect these small players to be so powerful , The entire short list of 300 million US dollars was eaten by them.
520,000 lots, short crude oil!
Seeing this situation, Chu Ge didn't have any intention of restraining himself, and directly threw the US$520 million in his account into the crude oil market.
A full 520,000 short orders, the influence is indeed huge, especially after he was thrown in within a minute.
38.95!
Under Chu Ge's terrifying handwriting, the price of crude oil could not stand firm any longer, and fell four points at once, which also brought his overall position to 38.96.
Then the high point of crude oil, which was on the verge of collapse, was directly blown up by the powder keg of Chu Ge.
After seeing Chu Ge's consecutive big orders, many smart retail investors smelled a hint of danger and quickly cleared their long positions.
In the financial market, what you can see the most is a thing that looks like a fire and oil, and it collapses in an instant!
Under the influence of the avalanche effect and herd mentality, the entire crude oil price began to collapse instantly.
38.90!
In just two minutes, even though the entire crude oil market no longer has such a large amount of funds to enter the market, the price of crude oil plummeted by five points due to the efforts of many retail investors.
100,000 lots, short crude oil!
Just when the short fire was burning in the entire crude oil market, a spoonful of hot oil was poured directly on the small flame that had just risen.
38.80!
Obviously, the short list of 100,000 lots is not a lot in the entire crude oil market, but it has played an unprecedented role.
A full ten-point drop has caused a huge slide in the entire crude oil price chart.
Stimulated by this sudden and huge landslide, many small and medium-sized investors in the entire crude oil market chose to invest in the short camp without hesitation, and the speed of the collapse of the mountain of crude oil prices increased sharply again!
38.75!
38.70!
38.55!
Almost every minute that passes, there will be a big selling frenzy in the entire crude oil market. Those investors who have just been attracted by the surge in crude oil will choose to reluctantly cut their meat again.
It's not that they don't want to wait, it's that they are afraid. The terrifying drop of five points and five points makes them not sure whether they can hold out until the price of crude oil pulls back.
If they liquidated their positions before crude oil prices pulled back, they would have lost everything!
Although it hurts to cut the flesh now, at least he is still alive.
In just half an hour, the price of crude oil was about to fall back below 38.50, and Chu Ge once again made a profit of almost 50 points.
Looking at the floating profit of US$370 million in his account, Chu Ge smiled with satisfaction. His current account net worth has officially exceeded the one-billion-dollar mark.
In two hours, Chu Ge's account net worth doubled again, with a net profit of US$700 million, which made those so-called financial elites ashamed to death.
And the next hurdle waiting for him is tens of billions of dollars, which is a hurdle that Chu Ge is destined to struggle for a long time.
However, once Chu Ge breaks through this barrier, he will truly become the richest group of people in the world, and will be qualified to be listed on the Forbes Global Rich List.
Although Chu Ge is very happy here, after all, he has just earned more than 300 million US dollars, and the joy in his heart can still be controlled, but not far from Chu Ge, in Villa No. 18 of the Imperial Palace, Zhang Aiqing's face The excitement is not so restrained.
If it wasn't for his father Zhang Chengming still beside him, Zhang Aiqing, who had just experienced the changes in hell and heaven, would have wanted to jump up excitedly.
Who would have thought that only half an hour had passed, and the more than 50 million yuan he was still floating on had almost disappeared.
At this time, he was extremely glad that his father Zhang Chengming didn't listen to him just now, and he closed the position or even turned to the long position, otherwise the only 50 million he had just left would be gone.
"It's still the father who is very powerful. It can be seen at a glance that the price of crude oil is only a short-term fluctuation." Zhang Aiqing smiled at Zhang Chengming.
"Forget what I just said, these fifty million gains and losses made you overwhelmed?" Zhang Chengming glanced at Zhang Aiqing and shook his head.
"I didn't forget, I'll go to school first." Zhang Aiqing washed her face, stared at her all morning with pain, took the key of his Lamborghini, and walked directly out the door.
Moreover, Zhang Aiqing took out his mobile phone and watched the fluctuation of crude oil prices in the software while he was out for a while.
Until now, he finally understood why the financial industry was so cruel and ruthless, but there were still so many people rushing in.
Just like going to Macau, watching the net worth in the account keep beating, the continuous stimulation made Zhang Aiqing unable to stop at this time.
After all, the amount of each beating may be hundreds of millions, and Zhang Aiqing has only one or two million in private money until now, except for those car watches his mother bought for him.
Every time the price of crude oil jumped, he almost made a profit or lost all his money, how could it not make him excited?
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