Rebirth: My Boss Is Too Humble

In the short period of eight days, the futures price of mung beans dropped from 3,000 yuan per ton to 2,350 yuan.

That means that the price of mung beans has been cut by nearly half in seventy days!

This shows that in this contest, the strength of short capital is far stronger than that of long capital!

And because of the ever-plunging price, some retail investors also joined in the public short-selling, which invisibly made the power of short-seller capital even stronger!

In this situation, no one is optimistic about the prospect of long capital, except those who bought a large amount of mung bean contracts when the price was high, and did not want to cut their meat to close their positions at this time. up!

And at this time, Zhao Wei's client actually spent 1.54 billion to buy a large number of mung bean contracts. This almost suicidal investment action naturally stunned all the futures brokers!

You know, the other party used twenty times the capital!

This means that once the price of mung beans falls by more than 5%, the distribution company will forcefully close the position, and the other party's 77 million deposit will be wiped out!

Rao 14 is used to all kinds of blood loss and bankruptcy incidents in the futures market, and these brokers are still a little terrified!

And just half a minute after Ye Yihui bought the mung bean contract with 1.54 billion, the mung bean price plummeted again by 5 yuan per ton!

This means that Ye Yihui lost more than 32.1 million in just 30 seconds!

Based on the current housing prices in the Magic City, 32.1 million is enough to buy six 100-square-meter houses in the center of the Magic City!

Although it wasn't my own money that I lost, I still grinned at this group of futures brokers, and my heart ached!

After another two minutes, the price of mung beans dropped another five yuan!

Whoops! Another 32.1 million is gone!

According to this trend, when the price of mung beans drops by 5%, that is, when the price drops by 118 yuan, Ye Yihui will be completely worthless!

And according to the current trend, the price of mung beans has to go down!

A colleague sighed, shook his head and said, "It's over! Xiaowei, I'm afraid your client's 77 million yuan will be for nothing!"

"That's right! It's too much of a gamble!" Another colleague couldn't help but shook his head and sighed, "Although the futures market is risky, there are still some rules that are feasible after all.

How can there be such a reckless nonsense like this!"

"Yeah! But it's okay, anyway, Xiaowei still has the 77,000 commission! Including the 15,000 commission that the client got when he shorted before, good guy, do the math, just in this day, you can get 9 Wan! Xiaowei, it's time for a treat!"

"That's right! Treat yourself! Haha~"

"Increased!" At this moment, a colleague who had been silently watching the price of mung beans said suddenly.

huh? what's up?

Everyone looked at it one after another, and then saw that on the computer screen, the curve representing the price of mung bean futures suddenly rose!

It's up five bucks!

Before everyone could react, the curve jumped up again!

Another five bucks!

What the hell?!

Seeing this scene, everyone was stunned for a moment, and then immediately reacted!

"This is... the bulls' capital counterattack?!!" Everyone immediately returned to their desks, and opened the funds panel on the mung bean futures interface to have a look!

Sure enough, in the past minute or so, a huge sum of money bought mung bean futures, directly driving up the price of mung bean futures!

In the next half an hour, the price of mung beans entered a skyrocketing mode, rising in a straight line!

Half an hour later, the price of mung beans reached 2450 yuan per ton!

It has increased by a full sixty-five yuan per ton!

If Ye Yihui sells the mung bean contract at this time, he can make a net profit of more than 40 million!

But after waiting for a long time, everyone still didn't see each other's actions!

Does this mean that the price of mung beans can still rise?

As a result, at this moment, the short-sellers exerted their strength again, directly interrupting the rise of Mung Bean!

In the next day, the short capital and the long capital fought fiercely again, and the price of mung beans went up and down during the battle between the two sides, and the hearts of all the futures brokers were also ups and downs, turbulent!

Waiting until half an hour before the market closed in the afternoon, the bullish capital made another effort to firmly lock the price of mung beans at 2420 yuan per ton!

If Ye Yihui sells at this time, he can still earn more than 20 million yuan!

Of course, it is impossible for Ye Yipai to do this!

In the next two days, the long and short capitals continued to fight, and the long capitals had obviously raised a large amount of funds, making the mung bean price move forward steadily in the shock!

By the time the market closed on the afternoon of the 14th, the price of mung bean futures had reached 2,700 yuan per ton!

Seeing that the bullish capital has gradually gained an advantage, many retail investors who were on the sidelines also joined in and began to buy mung beans.

Friday, January 15th, at two thirty in the afternoon.

Ye Yihui skipped the last two classes, returned to the office, opened the futures trading software, and issued an instruction to Zhao Wei: "Sell all mung bean contracts!"

When receiving this instruction from Ye Yihui, Zhao Wei once again showed a stunned expression!

In the past two days, the momentum of bullish capital is obviously getting better and better, and short capital has been defeated steadily. Many institutions predict that the price of mung beans will have to jump up again!

In the end, Ye Yihui actually chose to quit at this time?

Zhao Wei couldn't figure it out, but he could already see that his client was quite assertive!

Since he wants to close the position, then just obediently close the position for him!

After these days, Zhao Wei already has the consciousness of being a tool person.

Therefore, Zhao Wei clicked to confirm, and sold all the mung bean contracts on Ye Yihui's account at a price of 2,500 yuan per ton!

Five minutes later, the price of mung beans reached 2,720 yuan!

Seeing the mung beans that are still going strong, Zhao Wei couldn't help sighing. If Ye Yihui had kept it up until now, he would have earned more than 10 million more!

Ye Yihui didn't know about Zhao Wei's shaking his head and sighing, but even if he knew, Yihui would just eat it!

No one knows that under such fierce battle between bulls and bears, mung bean futures trading has gradually gone out of control.

In order to control market risks, the competent authorities have issued several documents since the 12th, trying to alleviate the overheated trading market, but after a few days, it still does not help!

In order to prevent the mung bean market from collapsing, on the afternoon of the 18th, the competent authority suddenly issued a notice announcing that the mung bean contract would be subject to mandatory hedging!

What is hedging liquidation?

This is a common operation method in futures.

The supply of mung beans has a time span. For example, the supply of mung beans for a period of three months is a contract, and the supply of mung beans for a period of six months is another contract.

A merchant who really needs mung beans buys a three-month mung bean contract. After satisfying his own production needs, he naturally does not need to buy mung beans for a six-month period, so the demand for mung beans in this six-month period will decrease. .

Under the principle of supply and demand, the price of mung beans that are in high demand will naturally rise, while those that are not in demand will fall.

When the magnitude of the rise does not match the magnitude of the decline, there will be profit margins.

Many futures speculators have spotted this rule and will buy these two mung beans with different maturities at the same time. This is called hedging, and then make profits through the price difference in hedging.

Including the current group of long and short capitals actually operate in the same way!

As a result, on the afternoon of the 18th, the competent authorities directly hedged and closed all the mung bean futures positions according to the settlement price of the day, which directly made the efforts of all the holders for several months come to naught!

Of course, none of this has anything to do with Ye Yihui!

Relying on the advantage of foresight, Ye Yihui closed his position and left the market at 2,700 yuan per ton. With a wave of his sleeves, he took away 196 million yuan!

Counting the 60 million he made when he shorted before.

In this battle, Ye Yihui made a net profit of 256 million, and was directly promoted to a billionaire!.