"In a financial war, the most important thing is the funds and ammunition in your hands. Before the decisive battle, you must not use up all the funds and ammunition in your hands. Instead, you can only use the funds in your hands bit by bit in a sharp, firm and orderly manner like now.

Call it out and let the bulls consume as much of their funds as possible."

"As long as those retail investors and small financial institutions can clearly see that the resistance of the bulls is not as good as ours, then they will definitely stand on our side."

"However, the time is almost up, and the Thai baht exchange rate will soon return to 26. If we don't take action, I'm afraid retail investors will really think that we short sellers have no money bullets." Zhu Changhong said lightly.

Among the short sellers who are trading in the Star City foreign exchange market, even the youngest Zhu Changhong knows this truth, not to mention the likes of Soros, Citigroup and Morgan.

To put it bluntly, when they were shorting a country's currency, not only was Zhu Changhong not born, but Zhu Changhong's father was probably still wearing crotchless pants.

"Let me just say that the bulls and the Siamese government will definitely come out to rescue the market and will not let the Thai baht exchange rate plummet like this. After all, don't forget that those who hold the most Thai baht must be Siamese. If the Thai baht exchange rate falls, those who will suffer the most will definitely be

Siamese!”

In the lobby of the Star City Foreign Exchange Market, someone said proudly.

He previously held 20,000 hands of Thai baht, worth almost 80,000 U.S. dollars. However, the attack by the short sellers just now was so good that they directly wiped out 10,000 U.S. dollars from him, which was almost equivalent to 60% of all his principal.

This is also due to the fact that his leverage was not large, only five times the leverage. Otherwise, he would not have been able to escape the fate of being liquidated.

Naturally, he couldn't bear the loss of such a large sum of money, so he called again and begged his grandpa to sue his grandma. He borrowed it from relatives and friends many times, and then he borrowed five thousand U.S. dollars, and then opened a ten-fold leverage to become five thousand U.S. dollars.

Thousands of dollars invested.

Now that the exchange rate of the Thai baht has returned to 26, not only does it mean that his previous loss of US$10,000 has turned into a loss of only US$2,000, the newly invested US$50,000 has also made a profit of US$3,700, both inside and outside.

By calculation, he now has a surplus of US$1,700, which is almost as much as his annual income from his job. How could he be unhappy?

Now Siam's per capita GDP is only US$2,800, so based on the fact that salary income is generally 60% of GDP, that's not US$1,600.

He is now dreaming of the Thai baht exchange rate returning to 25.

After all, once the Thai baht exchange rate returns to 25, he will almost be able to make a net profit of about US$5,000.

And this five thousand US dollars is basically enough for him to buy a car.

Thinking of this, he looked around with disdain at the people crying and regretting everything.

There is no doubt that these people either had their positions liquidated just now, or they did not dare to take money out of their pockets and catch up again.

Therefore, now I can only look at the rising exchange rate and feel sad.

"This is seeing, this is courage. We have said that you should not run away after a sharp drop. Such an obvious sharp drop means that there are big speculators coming out to grab cheap chips. I see, today the Thai baht will not only rise but also drop by 25.

It can even go up to 24 if things go wrong..."

However, at this moment, when the bulls, as well as the retail investors who just decided to be bulls today, were happily watching the Thai baht exchange rate rising, they saw the exchange rate suddenly plummeting, like a waterfall.

27.

All of a sudden, the huge trading market became silent. Almost everyone stared at the K-line chart in front of them with wide eyes and disbelief.

how so!

As for the traders who just talked so wildly about how correct they were in adding chips and how much profit they had made, it was as if there was an invisible big hand firmly holding their throats.

"How can this be! It's going up! Why isn't it going up?"

This shout almost expressed the aspirations of everyone present.

However, the exchange rate of the Thai baht did not change according to their will. Not only did it quickly drop to 28 again, but even the theoretical integer support line of 29 showed no intention of supporting it.

In less than twenty seconds, the so-called support line like 29 was like a thin film, being smashed through. The short sellers were overwhelming, and they were killed as if a thousand troops were unable to stop them.

“Today, the Thai baht’s exchange rate has no support line!”

Hewlett said fiercely with a ferocious expression.

Today Soros gave him an order to at least push the Thai baht exchange rate to 35:1. If the resistance of the bulls is not strong, or the Siamese government is unwilling to use foreign exchange to bleed, then it can go straight to 50:1.

It's not impossible.

Anyway, today is just one thing that will cause everyone who stands against them and the Siamese government to bleed hard!

This time, they won't be as merciless as they were when they attacked the pound last time.

"Baby, you said they saw that the exchange rate has dropped to this point, why don't they also follow the short selling? After all, if they can follow the short selling, their losses will be recovered, and maybe they can make some profits."

Su Yan sat on a pony, nestled next to Fang Chen, looking curiously at the falling Thai baht exchange rate in front of her eyes.

Although today is the first day of the Lunar New Year, and her family has a lot of rules, the number of people coming and going every day is like a carp crossing the river, there are countless people.

But she still took a look, and after saying hello to Liu Ziyan, she quickly rushed over to accompany Fang Chen.

The angry Liu Ziyan kept muttering at home that she was not allowed to stay in college.

She just asked Su Yan to stay with her at home and deal with the guests. The result was great, Su Yan couldn't even stay for a day.

"What you said seems to make sense, but in fact it makes no sense at all. You are by my side now and know how powerful our combined power is and how far I am prepared to push the Thai baht exchange rate. That's why you can say why

Come on if you don’t want to go short.”

"In turn, let me ask you, if you are an ordinary foreign exchange trader, can you judge that the Thai baht exchange rate will continue to fall when it is 28? You can see that when it rebounded to 26 just now, don't worry

Are you angry and anxious?"

Fang Chen asked back with a smile on his face.

Su Yan was stunned. She thought about it carefully, and then she couldn't help but murmured and shook her head: "I'm afraid it's not possible."

She probably couldn't answer any of the two questions Fang Chen mentioned just now.

Seeing this, Fang Chen smiled and rubbed Su Yan's head.

"The financial market is a huge market operated by tens of millions of people at the same time. Even if it is just a small baht, there may be millions of people operating at the same time. Who can guarantee that these millions of people are all thinking the same thing?"

Why even super scientists like Newton failed in the stock market is because there are too many participants in the financial market.

Even if there are only two operations in financial transactions, buying and selling, under the simultaneous operations of millions of people, it will fall into complete chaos. No one can predict the direction of financial certificates such as stock prices or exchange rates.

.

It can be said that everyone is just betting that everything they see and think in their minds will be in line with the future direction.

The only difference is that some people can only see with the naked eye, while others can just use ordinary telescopes.

Of course, people like him and Soros can probably be regarded as having access to astronomical telescopes.

Having said that, no one can predict the specific direction of the financial market, especially the short-term direction. The shorter the period, the less reliable it is.

On the contrary, if we extend the time, we can also make inferences based on some historical data, financial environment, etc.

However, these also prove the hatefulness of insider trading from the side.

After all, everyone is big on stock trading, so why can you know in advance what problems the company will have and which direction it will take.

"Besides, if everyone follows suit, then everyone will stop playing and won't be able to play."

As I said before, a transaction in the financial market must consist of one purchase and one sale to constitute a transaction. If there is only buying or only selling, then there is no such thing as a transaction.

However, the possibility of such a unilateral infinite decline is basically zero. After all, there are always people who are not afraid of death and do not believe in evil.

I have never seen a Zimbabwe dollar that understands the existence of falling several zeros and can still be used for market transactions for a long period of time.

That is to say, later on, when he could not be saved at all, and even a sack of money could not buy a pound of noodles, he completely collapsed, and even wiping his butt was too hard.

"Forget it, I don't care about these things. These financial twists and turns are really too troublesome, more troublesome than my material testing."

Su Yan shook her head violently, then lay on Fang Chen's lap, staring at the screen blankly, not talking.

Hearing this, Fang Chen laughed and said, "You little lazy bitch!"

With Su Yan's IQ, she could remember exactly how dozens of materials would react to each other. It was absolutely correct. How could she not understand even a small financial transaction? It was just that Su Yan was too lazy to learn.

Su Yan wrinkled her nose and snorted twice as a protest against Fang Chen's slander.

"It's almost 30, and it's almost time to stop. If nothing else happens, Soros and the others should also stop for a while, waiting for the reaction of the bulls." Zhu Changhong said.

Sure enough, when it reached 30, the short sellers seemed to have negotiated and all stopped in an instant. The Thai baht exchange rate was like a missile, rising to 29.

Seeing the exchange rate return to 29, the traders who just now clamored that the Thai baht exchange rate could reach 24 looked ashen as if they were mourning for their heirs.

At this moment, his mood was really the same as that of his dead father.

It’s over! It’s all over!

The exchange rate just dropped all the way to 30. Not only was his previous $80,000 position with five times leverage liquidated, but also the $5,000 position he had just borrowed.

After all, he bought the $5,000 with ten times leverage, which means that once the exchange rate drops by more than 10%, he will be liquidated.

When he bought it before, the exchange rate was just over 27, but now it has dropped to 30, which is not 10%.

Now he really regrets it. If he had not opened the leverage so much and been more careful, he might have been able to save some positions and not be completely washed out in this wave of decline.

But there is obviously no regret medicine in the world. When he saw the exchange rate plummeting just now, he made several phone calls just to borrow some more money to cover his position and prevent himself from exploding his position.

But the problem is that the five thousand US dollars just now were the result of him borrowing all his relatives and friends.

Surely no one would have the money to lend him money now.

He lost $21,000 in one fell swoop. All his principal and savings were wiped out, and he also owed a foreign debt of $5,000!

To be honest, it would be absolutely false to say that he has no intention of jumping off the building now!
To be continued...