Rebirth of the Financial Overlord
Chapter 426 Devil's Tool
London, City of Westminster.
A small bucket shop.
Pi Jiwan looked at the price of Italian lira on the computer, his eyes full of blankness.
As an investment-loving trader, he once personally witnessed the plunge of the Finnish mark, and watched many friends short the Finnish mark and made a lot of money.
This made Pi Tenwan very regretful for a while, because when he saw the opinion of the Finnish mark in the newspaper, he also had the idea of short selling.
But in the end, he only earned less than 3,000 pounds, and in the end, he watched helplessly as the hundreds of thousands of pounds he should have gotten slipped away like sand.
Pi. Tens of thousands of positions were closed too early, and the largest and most terrifying drop in the Finnish mark was missed.
Anyone who encounters this kind of thing will regret it.
Fortunately, in financial markets, there is always no shortage of opportunities.
As Schlesinger spoke in front of the public media, Pi Tenwan realized that the opportunity had come.
However, the volatility of foreign exchange prices is often not very high, especially when the volume of the subject matter to be traded reaches a certain limit, its market volatility will be lower. Unlike Finland, Italy is one of the main member countries of the European Currency Unit and one of the earliest countries to initiate it. The price of the lira is allowed to fluctuate within a narrow range, and under normal circumstances, its single-day flexibility is at most within Up or down by about one percent.
Therefore, trading such foreign exchange futures with narrow volatility often has high leverage, ranging from a minimum of 20 times to 2,000 times, from legal exchanges to gambling shops. After considering many factors, Pi Jiwan chose to trade in a bucket shop. In this way, he can obtain the maximum profit with the minimum principal.
Unexpectedly, before the market opened, the Italian central bank suddenly announced a new interest rate policy, raising the central bank's discount rate to 12%.
This made Pi Jiwan want to scold his mother for a while.
He wanted to be short, but the Bank of Italy adjusted the interest rate to 12% at one time. God knows what changes will be brought to the lira, which should have fallen.
There was no other way, Pi Jiwan had no choice but to wait for the market to make a choice.
As a result, as soon as the market opened, the lira fell from 806.25 to 810.25, and the money that should have been made was perfectly missed.
This is a start that makes people vomit blood. They are obviously bearish, but because of a moment of hesitation, they watch the money that should be in hand slip away from their hands like an hourglass again.
It is impossible not to feel regretful or aggrieved.
But fortunately, under the comfort of his girlfriend Jenny Lu, Piji Wanmao suddenly realized that the market had chosen to fall.
This time, without any further hesitation, he directly opened fifteen short positions at a price of 810.25.
Maybe it was Zhen Ni Lu's consolation that brought good luck to Pi Ten Wan. Just after Pi Ten Wan's position was established, suddenly there seemed to be locusts crossing the border in the market, and there were dense red numbers that could not be counted by the eyes and the brain. .
All short sale.
In the blink of an eye, the price of the Italian lira dropped to 812.25.
At that moment, Pi Ten Wan's pores all opened up.
This scene is too familiar to him.
6.
6.
6.
When trading in the Finnish mark, Piji Wan saw with his own eyes how the Finnish mark collapsed after the appearance of 666.
Now, on the computer screen, because a large amount of sales appeared in an instant, the reference object is missing, and 6 is almost static on the screen.
The devil has acted.
Now, choose to be a devil or choose to save the suffering?
What kind of stupid multiple-choice question is this.
Capital never sleeps, conscience is worthless.
Without even thinking about it, Pi Ji Wan pushed his girlfriend Zhen Ni Lu's petite body away, quickly entered a few numbers on the keyboard, and clicked to increase the position.
Pi Jiwan's judgment was correct.
As soon as he successfully increased his position, the price of deutsche marks to lira dropped to 813.75 in just one millisecond, and in this millisecond, he saw that the profit on the account instantly changed from ten thousand pounds to four Sixteen thousand eight hundred pounds.
Then there is no more.
Pijiu Wan's position was liquidated, and before he even understood what was going on, a line of words popped up on the computer screen: Your position size has reached the risk warning line, and now it has been forced to liquidate.
How is this going?
Well.
If Shen Jiannan was here, he would definitely be sarcastic: Wouldn’t it be suicide to use 500 times leverage to make futures?
But unfortunately, in transactions, such speculators are always in the majority.
Qian Pi was overwhelmed, Pi tens of thousands, Jenny Lu scolded her mother, White Thain was dumbfounded. In an instant, I don't know how many people involved in the lira transaction were instantly overwhelmed. Because, as the lira rebounded from 813.75 to 811.25, it was still for less than a minute, and suddenly dense green numbers appeared on the disk like locusts passing through.
811.15 sell flat 5
811.05 sell flat 5
811.00 sell flat 5
810.15 sell flat 5
809.55 sell flat 5
808.75 sell flat 5
Green, green makes people panic, and green makes people stare at their pockets.
Closing positions are all short positions.
In just a split second, countless short liquidation orders suddenly appeared on the lira market, pushing the lira price up to 806.25, with a minimum to maximum increase of more than one percent.
The bears were stunned, and the bulls were also at a loss.
I don't know how many individual speculators who participated in the lira market were stunned in an instant. It fell sharply first, and speculators who engaged in leveraged long positions had already liquidated their positions. Before anyone could react, they suddenly rebounded by 1%. I don’t know how many highly leveraged speculators, all of them were liquidated in an instant.
The trend of the deep V is extremely dazzling, and the green color is so environmentally friendly.
"Damn the Bank of Italy, it's really mean."
In an unknown bucket shop, a short speculator who came back to his senses cursed angrily.
At this time, raising interest rates to affect the market, first driving up the price of the lira, and then closing the short positions established before to push up the price of the lira for the second time, it is clear that the Bank of Italy strangled the short positions, and he, unfortunately, became strangled Object.
But this verbal speculator who cursed angrily didn't know that Ciampi was as confused as he was in the Italian central bank who was lying innocently.
Who will help Italy at this time?
Ciampi was thinking about this question.
George Soros is also thinking about this issue.
Countless capital managers around the world who are preparing to sell the lira are also thinking about this issue as they watch the violent trend of the Italian lira dancing up and down.
In just a short moment, there was an empty transaction of nearly 100 yuan. This kind of efficiency is definitely not something that the Italian bank can complete alone. Such a large amount requires at least a few hundred people to complete the operation at the same time.
Nobody knows, it's a simple test.
"Good job, Boris. How are you feeling?"
"Sir. It feels so bad. My God, I almost stopped breathing."
Boris patted his undulating chest, swallowed and said.
Opening a position is done with one click, and closing a position is even more instant.
This is really unimaginable.
Shen Jiannan can understand this very well.
This kind of thing that should not appear in contemporary times, if you have to make a metaphor, it is probably the same as when the Indians met the British for the first time, they saw the power of firearms in their hands.
The terrifying lethality that breaks imagination is enough to make anyone feel at a loss.
This kind of thing is completely a massacre tool for individual speculators.
Of course, as a coward, Shen Jiannan can only say that he is barely okay with this. The programmed transactions he has used are more exaggerated than the ones he is using now.
After all, in terms of data calculation, the computing speed of the current computer is simply not comparable to the hardware that has been expanded hundreds or thousands of times later.
At that time, this bastard used the program to fish, place orders, and stop losses. I don’t know how many Xiaobai were harvested to make dumplings.
In the end. Being chased by others has nowhere to go.
What an unbearable life.
He picked up the cigarette on the table and lit it, and threw one to Kevin Mitnick. Shen Jiannan thought for a while and said.
"Kevin. What's the maximum amount this program can achieve."
"This is already the limit threshold of normal operation. Our calculations are not comparable to the exchange processors. If the data is concentrated in a short period of time, our computers will all smoke. Of course, there are other people's computers as well. Same."
"What if we build a large server? For example, we order a batch of the most advanced processors from Intel and connect them to build a supercomputer."
"In this case, I think the data size can be increased several times. But I have to remind you that if you do this, probably, the server of the London International Financial Exchange may smoke."
"Okay. But my question is, can you do it?"
"It's not a problem. I do it a lot with broilers. But it's a matter of ethics and I don't want to do it."
"Kevin, this has nothing to do with work ethic."
"It's not impossible. But, you have to pay more."
Picking up the cigarette and lighting it, Kevin..., Mitnick took a deep breath: "You have to give me a raise, at least... an extra five hundred dollars."
"."
"."
"I have always been generous, so I promise, I will give you an extra five hundred and fifty dollars, but you must work hard so that my generosity will be rewarded."
"Shen. You are more shameless than I thought."
"Each, each other. I always thought that you were a sullen guy. I always thought so."
"."
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