Rebirth of the Strongest Tycoon

Chapter 841 The game of capital

"Aluminum futures rose 1.9 cents last week, with a floating profit of 475 yuan in one lot, we hold 6,500 lots, and the floating profit last week was $3,087,500..."

In the U.S. futures market, senior copper futures and aluminum futures are traded at 25,000 pounds per lot, and the quotation rules are cents per pound, the smallest change is 0.05 cents per pound, and the daily limit is 20 cents /lb.

One dollar is worth one hundred cents.

It may seem that the limit of 20 cents per pound is small, but looking at the opening of the New York Mercantile Exchange this morning, the price of senior copper futures is $0.5890 per pound, and the price of aluminum futures is $1.2125 per pound.

If the daily limit can be reached, high-grade copper futures can double in three days, and aluminum futures can double in price in about six days.

Think about the price of the futures market, which has a guiding role in the spot price. If the futures price soars, it will promote the spot premium. If the price does not drop for a long time, the impact will ferment. At that time, the spot price will rise, and the major needs of metal copper and metal The aluminum factory can have a heartache.

Therefore, under normal circumstances, for large-scale industrial metals such as metal copper and metal aluminum, it is difficult to touch the stop plate.

After everyone present saw the investment situation last week, Song Yang said to everyone, "Everyone has seen the situation, what do you think?"

Xue He took the lead in saying: "Based on the market in the past two months, the high-grade copper futures and aluminum futures rose rapidly last week, and the trading frequency increased by more than 20%. The reasons for the increase have been analyzed. According to news from peer companies, copper production fell by 4.5% in the second quarter, and copper production by Peruvian Copper Company fell by 5.2% in the second quarter. Some media estimate that the global supply of metal copper will shrink, and copper prices will further increase. rise."

"Metallic aluminum is similar."

"We got the news a lot later, so there's already more capital speculating on high-grade copper and aluminum futures."

"We currently hold $117.8 million worth of senior copper futures and $197.03 million in aluminum futures."

"The boss once told us that in the coming year, high-grade copper futures and aluminum futures will be on the rise. After several months of verification, the boss's guidance has been fulfilled. I personally suggest that you don't need to hesitate any more, you can let go of your hands and feet and invest heavily. Advanced copper futures and aluminum futures.”

After Xue He finished speaking, Ma Kai also stood up and agreed: "I agree with Xue He's analysis,

Since we first entered advanced copper futures and aluminum futures, our total floating profit has exceeded 25 million US dollars. It has been several months since gold futures and silver futures plummeted at the beginning of the year, and capital has recovered. I just wait and see. Now that the price of copper and aluminum is about to rise, the capital that I have been waiting for will enter again. In the field of rare metal futures, advanced copper futures and aluminum futures are the most suitable incubators. "

Immediately afterwards, Wang Gang, Li De and others, as well as several elites recruited by Galaxy Fund after taking root in New York, also expressed their opinions one after another. Although some people have different opinions, the minority obeyed the majority, and finally they decided to let go of their hands and feet and follow up on a large scale.

It's no wonder they are, because Philip Brothers has so much energy that it not only started to speculate on futures, but also used its contacts to greet mining companies, and let the media come forward to spread the news, making it as real.

It is impossible to guard against one's heart and mind, and it is inevitable that Song Yang, Xue He and others will be recruited.

...

After the meeting, Song Yang called Xia Yu to ask for instructions. Xia Yu didn't pay much attention to it after learning about it, and directly approved the plan of Song Yang and others.

After getting the approval, Song Yang and the others seemed to be fighting chicken blood.

Song Yang and others frequently opened positions and traded, all of which fell into the eyes of those with a heart.

The rare metals investment arm of Philip Brothers.

General Manager Albert Rafael walked around the trading desk and received reports from Harlan Dryden and Sean Andrew. After listening, the corners of his mouth could not help but curl up.

"Very good, the big fish is hooked!"

Hearing this, senior copper futures department manager Harlan Dryden and aluminum futures department manager Sean Andrew laughed at the same time.

"Yes, boss, it seems that the Galaxy Foundation has made up its mind, and it is faster than we expected. It seems that they are not slow to respond!"

"Then do we execute the next step ahead of schedule?"

Albert Rafael shook his head and said: "No, we need more patience, and in the next few days, continue to push the price higher, leaving us more room to short while continuing to deliver part of it."

"Of course, there are too many smart people on Wall Street, and our plan is not complicated, so it has to be implemented as soon as possible, or we will be unlucky."

"If the plan goes well, it will officially put up the empty list on Thursday."

"Good boss~"

"Then give them some more feed to make them fatter, hehe."

After speaking, Harlan Dryden and Sean Andrew immediately went down and arranged.

High-grade copper and aluminum futures on the Nymex traded higher for the next few days.

Not only that, but the relevant supporting measures have not fallen. Not only Song Yang and others believed it, but other capital and retail investors also believed it. Large sums of money poured into high-grade copper futures and aluminum futures, which further pushed up the price.

Song Yang and the others are not too big. Since they made up their minds, they doubled their total investment in just three days.

The floating profit of nearly 10 million US dollars has just been invested, which supports their analysis.

As soon as Thursday arrived, Albert Raphael gave an order and began to use the small vests of Philip Brothers to put out short orders to sell contracts. At first, the speed was very slow and very cautious, and the short orders that were thrown were also the same. There are more than a dozen or twenty hands, and once they are thrown into the hot market, they are submerged without a single bubble.

Immediately afterwards, the short orders gradually increased, all of which were eaten by the surging bulls.

Unconsciously, the Galaxy Fund has become a bull in the senior copper and aluminum futures markets.

Song Yang, Xue He and others didn't feel wrong at first.

After all, the futures market is different from the stock market. Shorting the futures market is too common, and it is much simpler than the stock market.

In the stock market, if you want to go short, you must first bet against borrowed stocks, then sell the stocks, and finally buy them back at a low price and return them to the bettor.

Looking at it this way, the stock market is a gambling table, and the two sides of the gambling are very clear, that is, the two sides of the gambling.

However, the futures market is different. The entire futures market is a huge gambling table. Gamblers can buy big and buy small. At the beginning, there is no clear opponent, or the opponent is too broad, and it is divided into long and short.

Bulls believe that the price of futures contracts will rise, so they keep opening positions to buy contracts.

On the other hand, the bears think that the price of the futures contract will fall, so they sell the contract they hold.

And unlike the stock market, shorts can be "made out of nothing" to sell short.

What is "something out of nothing"?

That is, I have no futures contracts, but I want to make money by short selling. What should I do?

Then "borrow" from the exchange, sell the futures contract after "borrowing" it, and then buy it back to the exchange after the price drops.

Although the futures contract of the exchange is borrowed, the actual profit is not the exchange's money, but the long-term money. The exchange is only equivalent to a platform.

But what if the short or long fails?

At this time, the margin on the exchange will be consumed, and the amount of the margin is different.

For example, for a certain product of a certain exchange, when the contract position in a single month is less than 200,000 lots (total long and short positions), the margin is 5%; From 10,000 to 400,000 lots, the margin ratio is 10%, when 400,000 to 500,000 lots, the margin ratio is 15%, and when 500,000 to 600,000 lots, the margin ratio is 20%.... Add by analogy.

In theory, as long as the margin is sufficient, it is possible to open positions indefinitely.

After all, the futures market is a more pure capital game than the stock market, and it values ​​the hard power of shorts and longs.

A seesaw to see who is heavier!

Of course, in addition to the efforts of people on both sides of the seesaw to gain weight, there are also uncontrollable external factors that will affect.

In the futures market, strength and luck are equally important!

It's Monday again.

Only seven days later, it's also Monday.

However, the mood of Song Yang and others was not as relaxed and comfortable as last week.

So things look a little bleak for them in high-grade copper and aluminum futures on the New York Mercantile Exchange.