reborn industrial empire
Chapter 72 No distractions
After successfully opening an account at Salomon Smith Barney, Jin Xiaoqiang directly transferred all 34 million funds into the account without any courtesy.
Alice, who was standing next to him and was responsible for helping Jin Xiaoqiang handle the procedures, looked at her with beautiful eyes. She was really going to make a lot of money. As long as this big gambler made more than 20 transactions a month, she could get it.
It's a pretty objective commission, not to mention that he plans to use so much funds for operations?
Jin Xiaoqiang didn't think too much. He just wanted to make a fortune from this.
Smith Barney is also very interesting here. It opened a large client room for Jin Xiaoqiang alone for him to trade on his own. You must know that 34 million US dollars is nearly 300 million Hong Kong dollars.
There are a lot of rich people in Hong Kong, but few of them play like this mainland high-roller today.
After finishing all these trivial matters today, it was almost time to close the market in the afternoon. Even if Jin Xiaoqiang wanted to trade now, he couldn't do it, so he simply went home.
Alice and the manager of the key account room of Smith Barney sent Jin Xiaoqiang all the way outside, and finally called a taxi for Jin Xiaoqiang and paid the taxi fare for him in advance.
Jin Xiaoqiang was not polite to them. He took a large bag of information and went directly back to the Peninsula Hotel.
After returning to the hotel, he went directly to his room, then took out the information he was going to bring today and started to read it. This is what Jin Xiaoqiang asked the key account manager for the New Zealand dollar pairs for the past three months when he opened the account.
Data on the rise and fall of the U.S. dollar, the Australian dollar against the U.S. dollar, and the Canadian dollar against the U.S. dollar.
Recently, because the United States is fighting in Iraq, and because it is afraid that the United States will be retaliated by Islamic terrorism again, many international capitals have chosen to avoid disaster.
During this period, in order to stimulate the economy, the United States was also implementing a monetary easing policy, mostly due to the sufficient supply of U.S. dollars on the market, which caused the U.S. dollar to continue to depreciate. As a result, the exchange rates of other countries' currencies against the U.S. dollar began to decline.
Continuously rising.
Among them, the New Zealand dollar has seen the largest increase recently. During this period, the exchange rate of the New Zealand dollar against the US dollar has changed from one New Zealand dollar to more than 30 cents to the US dollar, to one New Zealand dollar to more than 40 cents.
, so now is the time to take action.
As for the Australian dollar, because Australia's economy is much larger than New Zealand's, and China has recently imported a large amount of iron ore and agricultural products from Australia, the Australian dollar has just reached a high level, so there is not much chance now.
The Canadian dollar has not seen any fluctuations yet.
Jin Xiaoqiang has made up his mind to enter the market tomorrow and start operating New Zealand dollar futures.
Early the next morning, Jin Xiaoqiang regained his energy and went to Meibang's key account operation room. Because he had a large amount of funds, the key account manager yesterday opened an operation room for him alone.
Moreover, Jin Xiaoqiang had already agreed with the manager yesterday not to use the five times leverage recommended by the bank, but to use ten times the leverage himself.
In recent years, it has been an opportunity for the big guys on Wall Street to amass wealth and expand like crazy. Managers would refuse requests like Jin Xiaoqiang's.
The higher the leverage, the greater the win or loss. Regardless of whether the other party wins or loses, in this manager's view, it will always be the bank itself that will win.
On June 28, Jin Xiaoqiang had been observing in the key client room for a whole morning. It was currently midnight in the United States, but it was also the afternoon in New Zealand. Because the financial market in New Zealand was too small, it was usually
Trading in Sydney.
After eating the lunch that the manager of the key account room rushed over at noon, Jin Xiaoqiang felt that it was time to take action in the afternoon. Although Jin Xiaoqiang did not know the specific changes, as long as he grasped the general direction of futures, he felt that he would not be wrong.
.
And he remembered clearly that in his previous life, he had specifically checked the data during this period. During this period, the New Zealand dollar only rose but never fell against the US dollar.
With the idea in mind, Jin Xiaoqiang directly opened 800 futures orders to bet against the exchange rate of the US dollar against the New Zealand dollar. That night, the exchange rate of the New Zealand dollar against the US dollar was 1 to 4 cents, which was an increase of 0.3% from yesterday. He closed the position and made a profit.
12 million.
On June 30, he continued to bet against the exchange rate of the US dollar against the New Zealand dollar and opened 700 short orders. As a result, the US military won a small victory in Iraq that day. The US dollar strengthened by 2% that day. Fortunately, Jin Xiaoqiang saw the opportunity and ran away early.
The result was a loss of 6 million.
If it were someone else going through such a roller coaster ride, most people would probably be unable to withstand such dual mental and psychological pressure, and would collapse.
However, Jin Xiaoqiang believed that the money was free anyway, and it would not matter if he lost it all. Moreover, he was very certain about the general direction of the US dollar, so he continued to be short on the US dollar without adjustment the next day and opened 1300 directly.
Leave an empty ticket.
As a result, good economic data came out of New Zealand that day, and the exchange rate of the New Zealand dollar against the US dollar rose by 5%. Jin Xiaoqiang made a huge profit of 26 million.
The trend of the U.S. dollar against the New Zealand dollar on July 3rd was weird. It rose first and then fell. When Jin Xiaoqiang saw a fierce rise in the U.S. dollar at the opening, he quickly followed the trend and made several short-term bullish moves on the U.S. dollar. During the lunch break, he decisively
Close the position and make a net profit of 3.2 million.
After returning from the lunch break, Jin Xiaoqiang began to place a 1,500 short order against the US dollar. As a result, in the afternoon, news came out that a fierce battle broke out between the US military and Iraqi armed personnel near Fallujah. The progress was not going well, and personnel were lost.
relatively large.
As a result, the U.S. dollar began to plummet as soon as the market opened in the afternoon, and the exchange rate against the New Zealand dollar continued to fall by 5%. The exchange rate of the New Zealand dollar against the U.S. dollar has exceeded the mark of 1 New Zealand dollar to 4.5 cents.
When he closed his position that night, Jin Xiaoqiang made a net profit of US$42 million that day, and his total capital exceeded 100 million.
.............
On July 6, the US military increased its investment and began to invade the urban area of Fallujah, and started a fierce battle with Iraqi armed personnel. The US dollar started to rise sharply. When the US dollar rose to 1 New Zealand dollar, it could only be exchanged for 4 cents and 2 US dollars.
After completely recovering the losses of the previous few days, buying orders came in swarms. Jin Xiaoqiang decisively opened a short order and continued to bet against the US dollar against the New Zealand dollar. As a result, on the same day, the New Zealand central bank announced an increase in the interest rate of the New Zealand dollar. New Zealand
The dollar instantly rose, and the exchange rate of the U.S. dollar against the New Zealand dollar fell sharply.
Jin Xiaoqiang decisively closed his position when one New Zealand dollar could be exchanged for 4.5 cents. On that day, his capital exceeded 200 million...
On July 8, the U.S. dollar began to grow retaliatory as soon as the market opened, but Jin Xiaoqiang still opened a short order based on his judgment. As a result, after rising for half a day, the U.S. dollar began to plummet in the afternoon. Not only did it fail to recover the lost ground, but it actually
Yesterday it was three percent lower.
Jin Xiaoqiang earned more than 50 million on this day...
The days passed like this over and over again. Jin Xiaoqiang could no longer remember exactly how much money he made. He couldn't even remember how many days he had been in Hong Kong.
During this period of time, he was so focused that he performed operations on the US dollar against the New Zealand dollar in the large client room of the securities trading center every day.
He had already stayed out of other things and didn't care. That night, when Jin Xiaoqiang walked out of the exchange, his head was already a little dizzy.
Today's storm is fierce. The exchange rate of the US dollar against the New Zealand dollar has fallen too sharply. Now the exchange rate between the New Zealand dollar and the US dollar has reached a critical value of 1:0.5. I believe that if this continues, the US dollar will soon fall below 6 cents.
's mark.
The U.S. dollar is falling, but the more it does, the happier U.S. manufacturing workers are, because the weaker the U.S. dollar is, the more competitive their products will be internationally.
Only in this way can we stimulate exports, drive the economy and promote employment.
Therefore, a weak dollar is not necessarily a bad thing for the American business and political circles.
And also today, Jin Xiaoqiang's funds have exceeded the US$700 million mark.
In just a few days, Jin Xiaoqiang has made huge profits recently by taking advantage of the sharp rise of the New Zealand dollar against the US dollar.
After all, he relies on the memory of financial knowledge as a reborn person, and this kind of knowledge is not available to others. Therefore, such a huge profit may be a fantasy to others, but to Jin Xiaoqiang, it is not.
What a difficult thing.
After all, at this time, although U.S. dollar smuggling was weak, no one would have thought that the New Zealand dollar, which has always been inconspicuous, would rebound with such a magnitude at this time, and with such ferocity.
Of course, this is inseparable from the concerted efforts of international speculators and the encouragement of the New Zealand government.
Moreover, most of the "Lord of the Rings" series of films directed by Peter Jackson, a great director who has come to New Zealand in recent years, were filmed in New Zealand.
Therefore, this country's tourism industry has developed rapidly in recent years. Every year, millions of tourists come from all over the world to see the hometown of the Hopi people. This has also directly stimulated the country's economic recovery.
.
Moreover, a few years ago, New Zealand's currency was artificially lowered by their government due to the Asian financial crisis.
To be honest, based on the size of the economy and the environment, it would be a very reasonable position for the exchange rate of the New Zealand dollar to the US dollar to be stable at around 1:0.5.
So it was at this time that the New Zealand dollar began to rebound, and in this way, Jin Xiaoqiang's plan to make a fortune was directly fulfilled!
"Jin Sheng, how have you been these days?"
When Jin Xiaoqiang walked out of the building, he blew the air-conditioning in the hall for a while and his mind was already clear. But when he was about to walk out of the hall, a pleasant voice came from the side.
He turned around and saw Alice's pretty face. She wore a suit with a small lapel and a one-step skirt. It felt a little tight on her body, but just like that, it made her devilish figure even more convex and concave.
The incomparable temptation that appears brings considerable impact to other people's vision.
Jin Xiaoqiang only felt that his mind was shocked...
*********
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