Chapter 0763 silver mist
After hanging up the phone, Li Rui opened the futures software, carefully checked the futures trends in the past few months, and confirmed that he had overlooked a major event.
He only remembers that gold and crude oil futures prices have shown an upward trend this year and will not reach their peak until August and September, so he has been firmly long with high leverage.
It was not until just after talking to Cheng Zijian that Li Rui remembered something.
In May, after the magnesium dollar was stimulated by multiple directions, the index rose sharply, affecting the prices of futures around the world.
The prices of gold, crude oil and base metals fell sharply, especially since the end of last year. Silver, which had turned several somersaults, was the first to be hit, falling sharply for seven days from a high of 50 mg per ounce, free falling to 36 mg.
About RMB, one-third of the total fell!
Compared with international speculators, domestic speculators are even worse.
Because the KFX limit down system has a fatal flaw, once the price fluctuates to the limit down range on that day, trading on that day will be terminated.
This system was originally intended to prevent excessive declines, but ignored the continuous plunge.
This time, the silver price fell to the limit for seven consecutive days. The bank could not adopt a system of forced closing positions at all. The bulls and shorts could not trade in reverse to make up for the risks. They could only watch the price plummet and could not do anything.
Many futures customers not only lose all their margin, but also owes a lot of money from the bank and completely lose their positions!
At the end of last year, all the funds that started speculating on silver futures were destroyed in almost a week, and all the gains were still lost.
Li Rui immediately closed the long contracts for gold and crude oil futures, and put a profit of more than 100 million magnesium yuan into the pocket.
Then add all the funds and profits together and backhand short the silver contract in early May.
After this transaction is completed, at least several hundred million will be profitable.
After completing all this, Li Rui breathed a sigh of relief and secretly shouted that it was dangerous.
"Fortunately, I made this call, otherwise I would have suffered a big loss this time. You must be careful and careful in the future!"
He was too confident before, and only recalled the overall trend and ignored the changes in the middle. If this call hadn't evoked his memories, he would have lost tens of millions of magnesium.
Although it’s nothing to lose, as a reborn person, you still lose money. Do you want to save face?
...
Compared to Li Rui's decisive behavior, Cheng Zijian hesitated to turn on the computer after hanging up the phone and carefully analyzed the trend of silver.
After looking at it, it is full of prosperity no matter how you look at it, and there is no trend of the market reaching its peak.
"Strange, why did Li Rui say that..." Cheng Zijian still felt worried, so he simply called Xu Penghai.
"Da Xu, I just talked to Li Rui, and he said..." Cheng Zijian said to Xu Penghai intact.
After hearing this, Xu Penghai laughed: "Why, do you want to listen to him?"
Cheng Zijian said: "Not that..."
After all, he is a veteran of the stock market since the 1990s. If he was scared by Li Rui's words, it would be too embarrassing.
Xu Penghai said: "That kid is obsessed with the index several times. He really thinks he is a stock god? Besides, he is a stock trader, knows what futures he knows! Don't worry about trading silver with me. I feel that this wave of market can continue at least a few more.
moon!"
"Are you sure that?" Cheng Zijian asked.
Xu Penghai said: "If you don't believe it, just close your position! Look at what price gold has risen to now. How can silver be lower than that? Besides, you have made many times more profitable, even if you pull back, it will only be
Just vomiting out part of it, what are you afraid of?”
Cheng Zijian felt that what Xu Penghai said made some sense and nodded, "I'm thinking too much, I'll listen to you."
After saying this, Cheng Zijian then called Xu Xiang again.
Among the members of the suicide squad, Xu Xiang is the youngest and most experienced, but he is the backbone of the entire team. Even Xu Penghai and Wu Jinliang, who are the three horses, also highly praised Xu Xiang's keen sense of smell.
Cheng Zijian only believed what Xu Penghai said. If Xu Xiang said that, he would be completely at ease.
After hearing Cheng Zijian's question, Xu Xiang fell into silence for a long time. Just when Cheng Zijian thought the signal was disconnected, Xu Xiang finally spoke.
"First, what is the current demand for silver? Have you studied it? If demand has not increased significantly, the current price surge will be a castle in the air."
"Second, are there many speculators in the silver plate?"
"Third, how far is silver from its all-time highest point?"
"You think about these three questions first, and you will have the answer."
Cheng Zijian opened his mouth slightly, thought carefully about the answer to the question, and said in a trembling voice: "Your answer is, will you fall?"
"It's not my answer, it's your own answer."
I don’t know the true face of Mount Lu because I am in this mountain.
In fact, silver has soared for so long and so much. As long as the IQ is a little normal, it can be seen that the main reason is the speculators who are pushing it, and it has clearly shown that there is a trend of insufficient momentum.
But human greed is infinite. Every speculator thinks that he can make another profit, and he feels that he will not fall into his hands when he beats the drum and passes the flowers.
Cheng Zijian had an answer in his heart, but he was just unwilling to believe it. Now, after Xu Xiang gave a brief reminder, he realized that the price of silver was indeed very dangerous!
"I understand! Thank you!" Cheng Zijian said.
Xu Xiang said: "Whatever Li Rui said next time, you can listen to him. Don't ask me, his level is higher than mine."
With Xu Xiang's words, Cheng Zijian no longer hesitated and immediately closed all the silver contracts in his hand.
...
Someone escaped the disaster and prepared to make a lot of money.
Someone escaped the disaster and honestly made a profit and left the market.
Some people are destined to escape this disaster.
Yang Xuan was awakened by the rapid phone ringing. He opened his sleepy eyes and glanced at the electric number. He was his secretary.
Zhuo Meiling's unhappy voice came from beside her: "Who is calling you so early?"
"Secretary, I guess I'm asking for something."
"Hmph, that little slut, I think she wants to seduce you!" Zhuo Meiling said.
"What are you talking nonsense?" Yang Xuan answered the phone while yawning, "Secretary Hu, what's the matter?"
"Boss, something big is wrong! Hanshu Technology has just issued an announcement saying that revenue and profits in the first quarter have been greatly reduced!"
Yang Xuan almost fell off the bed: "What!"
A few minutes later, Yang Xuan looked at the message on the computer screen and his forehead was covered with cold sweat.
"What's going on? Didn't you say that Hanshu Technology will still rise? How could such news appear?" Zhou Meiling was also shocked. She had made a debt guarantee of tens of millions of yuan for Yang Xuan, and the two of them were now tied to each other.
If Yang Xuan falls down, she won't be able to have a good life.
Yang Xuan murmured: "Impossible, how is this possible? Something must have been wrong. Master Qu clearly said that Ah Li wanted to invest in Hanshu. Should he suppress it first and then rise? Wait for me to call Master Qu.
You'll know!"
Chapter completed!