Island Survival Global Live
Chapter 88 Dancing on the tip of the knife
As the market closed, U.S. stocks plummeted 980 points.
Fan Lingling’s account made a profit of US$1.96 million!
"You can throw it away. Lingling, you can do it yourself." Zuo Bufan said.
"ok."
Fan Lingling liquidated all her positions and made a final profit of US$2.02 million.
"Brother Fan, you are so awesome. I thought I would have to disown my parents today."
Fan Lingling transferred three million yuan to Zuo Bufan.
"Lingling, why did you transfer so much money to me?" Zuo Bufan was a little confused.
"You help me make money, and I keep my word. You deserve this."
"No, no, no, I'm just your assistant. Thank you very much for giving me the opportunity to operate."
"I've already transferred the money to you, don't worry about it. Do you know how to do futures?"
"I know futures! But Lingling, aren't you a fund manager? You don't have to work?"
Fan Lingling looked indifferent: "I'm just learning experience here. It's arranged by my parents. I have no chance to make decisions on my own."
Zuo Bufan asked: "So you want me to use your five million US dollars to make money?"
"Yes, I don't know why, but I always think you are very talented."
Zuo Bufan originally wanted to tell Fan Lingling that he had the blessing of the system, but he held back later.
He had no choice but to say: "I actually don't have enough trading experience. I'm really afraid of losing money."
"The brave will die and the timid will starve. My parents gave me five million US dollars to do business. I am not interested in doing business. If I lose money, I will admit it."
"Besides, the fact that you helped me make money by shorting U.S. stocks earlier is the best proof of your ability."
"Okay, let's start speculating in futures now!"
Since the system has been supported, futures trading is no problem for Zuo Bufan.
Zuo Bufan is eyeing the London Metal Futures Exchange.
Open the futures trading software and Zuo Bufan observes the London crude oil market.
"Brother Fan, aren't you speculating in metal futures? Why do you keep watching the crude oil futures market?"
"Well, I don't know why. My intuition tells me to pay attention to the changes in crude oil prices today. If crude oil plummets, I will buy gold futures."
"Well, gold and crude oil are indeed related. But today, crude oil not only did not fall, but also rose."
Zuo Bufan nodded: "Yes, you can buy it now."
"Didn't you say wait for crude oil to plummet? Buy now?"
"It's already too late to wait for crude oil to plummet. Everyone will rush to buy it. I'm going to buy it now."
"Well, Brother Fan, do you want to increase the leverage?"
"I don't have a problem, the key is your opinion."
"OK, enter the market with ten times leverage!"
Fan Lingling's current capital is about more than 6 million U.S. dollars, and ten times the leverage is more than 60 million.
Zuo Bufan first bought 10 million US dollars to test the waters of London crude oil futures.
"Brother Fan, didn't you say you were going to speculate in gold today?"
"That's right, now I'm changing my strategy. I'll speculate in crude oil first."
Fan Lingling opened the financial news and looked for news about crude oil.
"Don't always watch the news. Relying on the news to obtain information is unreliable. Because the timeliness is too slow, there is a lot of fake news out there."
“If you don’t read financial news, then what should you watch?”
"Look at the data. Only data can't deceive people."
"What if the data is falsified?"
"So we need to analyze it."
Earlier, Zuo Bufan made his first pot of gold, RMB 3 million, by shorting U.S. stocks.
Three million is just a small amount of money to various wealthy people. In first-tier cities, it may not even be enough for the down payment of a villa.
But for Zuo Bufan, this may be money he will never earn from working all his life.
Now that he has his first pot of gold, Zuo Bufan is more confident.
After testing the waters and buying crude oil futures for US$10 million, Zuo Bufan asked Fan Lingling to stare at the computer.
Make yourself a cup of coffee, sit on the sofa in the office, close your eyes and relax.
"Damn it, you dare to drink coffee at such an important moment and let me stare at the computer. Do you work part-time or do I work part-time?"
"I'm thinking, just do as I tell you."
"Well, okay then. If you can't make a profit today, let's see how I deal with you!"
Zuo Bufan didn't say anything and went out to use the bathroom.
When the company employees saw Zuo Bufan, they immediately said hello, and they all knew that his name was Zuo Bufan.
Zuo Bufan didn't recognize any of these employees and could only nod and smile.
The staff was so enthusiastic towards a high school part-time employee just because of Fan Lingling.
Back in the office, Fan Lingling was still sitting beside the computer.
"What's going on now?" Zuo Bufan asked.
"It's already starting to fall!"
"How much did it fall?"
"Crude oil fell two percent."
"Continue to increase the position by 10 million!" Zuo Bufan arranged.
"It fell as soon as I bought it. I think it's still too late to sell now."
"Listen to my arrangement and add 10 million to your position immediately!" Zuo Bufan said in an unquestionable tone.
Fan Lingling continued to increase her position by US$10 million to buy crude oil futures.
"I'm a little hungry, let's go out to eat something." Zuo Bufan said.
"Do you want me to die? You have 20 million US dollars invested in it. You still have the energy to go out to eat. Do you know that if the price drops to 10%, we will be forced to close the position?"
"I know. I just asked you to go out to eat with me because I was afraid you would be nervous."
Zuo Bufan came over and took a look at the trend of London crude oil.
He continued: "Don't worry, you won't suffer any loss as long as I'm here."
Fan Lingling had no choice but to go downstairs with Zuo Bufan and order two Western meals.
The steak in this Western restaurant is very delicious, but Fan Lingling has no appetite.
What she is thinking about most is her 20 million crude oil futures.
You must know that Fan Lingling bought with ten times leverage.
If London crude oil falls below 10% today, positions will be forced to be liquidated by the exchange.
The consequence of being forced to liquidate the position by the exchange was that all of Fan Lingling's five million principal was lost.
Faced with this situation, no one would be in the mood to eat steak.
Zuo Bufan was very calm and ate the steak and spaghetti in a leisurely manner.
"You still have the appetite to eat so much?" Fan Lingling was very puzzled.
"Only when you are full can you have the strength to make money. There is no point in worrying. I estimate that when you go back and check the crude oil market later, it will continue to drop to 5%."
"Damn it, aren't you hurting me? You know that crude oil futures will continue to fall and you continue to ask me to increase my position!" Fan Lingling was a little angry.
"I didn't think about the reason for the decline in crude oil futures before, but now eating steak makes me think clearly."
Zuo Bufan still spoke in a calm and calm tone, unhurriedly.
"Then what are we going to do next?"
Fan Lingling looked at Zuo Bufan with expectant eyes.
Zuo Bufan looked at Fan Lingling and squeezed out three words: "I don't know."
"Your sister! You want me to die." Fan Lingling couldn't control herself and wanted to curse.
"If you finish your steak and spaghetti properly, I think I can think of a solution."
Fan Lingling had no choice but to do as she was told and ate all the Western food in front of her.
[Author's digression]: Thank you for your support.
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