Six hundred and sixtieth chapters decisive battle of pounds (thirty-one)(1/2)
"In the stock market, futures market, and foreign exchange market, the losses of many funds under Aoland Capital are far higher than the liquidation line." Ampton looked up at the pound exchange rate trend that had reached the last ten minutes of the final trading, and said in a daze, "Once the net value is closed and opened, Aoland Capital will be forced to declare bankruptcy."
"At present, the entire Aolan Capital has suffered a total loss of more than US$17 billion, and the loss is still expanding."
"There is no hope of a comeback. From tonight, Aolan Capital will be removed from Allianz Capital Group, and I... will be removed from the group."
Waltergu looked at Ampton in shock, unable to understand why such a situation occurred.
"What does it mean to be far higher than the liquidation line?" Waltergu asked in a deep voice, "As far as I know, your Auran Capital's overall holding cost on the pound exchange rate is not outrageously high. When the main bulls advance and jointly impact the 2.1000 short defense line, your investment is also very limited."
"Why are there situations that are far higher than the liquidation line?"
"Blame me!" Ampton said, "Actually, after our Aolan Capital was massacred by the main shorts, the net value of its major funds was basically below the liquidation line. However, I was seriously unwilling to accept it at that time, and felt that the person named Su could win on the lme copper, and there was a huge luck component."
"Plus with the investment logic of the appreciation of the pound exchange rate you mentioned, judging from the situation at that time, there was indeed no problem."
"All capitals agree with this logic at the same time."
"So, I concealed the net value of each fund, temporarily closed the net value, and invested all the funds into the pound exchange rate market, trying to regain a game based on the pound exchange rate market, so that Aolan Capital can be resurrected and I can be less passive within the group."
"But who knows...what the result is this?" Ampton felt that he seemed ridiculous at the moment.
He worked hard to plan and used Ye Xiuguo to lure Su Yue and even the entire Chinese into London, hoping to hunt Chinese capital with the London financial market, but he never expected the ending to be like this.
He originally thought that Huazi was the first fat sheep.
So, he dug a trap for the fat sheep, but he never expected that the person who was lured in was actually a man-eating tiger.
From the stock market maturity, from the futures market to the foreign exchange market, he not only gained the entire Aolan Capital, but also ruined his own future.
There is a saying in Chinese that is called "lifting a stone and hitting one's foot". He felt that it was really appropriate to apply it to oneself at this moment.
The main long-term institutions of all parties involved in this long-term and short-term war.
No one really knows that China Capital and Su Yue were lured to London, and no one really knows that the starting point of this long-short war that swept London and affected the entire global financial market was just the slightest reputation of his greed Chinese Capital and the greed of Su Yue defeating Xize in Hong Kong City.
"you……"
Waltergu stared at Ampton tightly, and said speechlessly, "Old guy, you are also a veteran of the financial trading market. You have rich trading experience and a stable mind. How can you... you still make such mistakes at critical moments?"
"It is due to the interests of people." Ampton lamented, "The huge interests and hopes of turning the tables are in front of us, and I know that the winning rate of participation is more than 80%, it is really hard to bear."
"certainly……"
"Fundamentally, I am indeed unstable. I was massacred by the main short sellers on LME copper. Before Auran Capital was deeply trapped in such extreme losses that had not happened in many years, I was confused and had some self-righteous fantasies."
He said sadly: "In the financial trading market, all imaginations and fantasies are indeed fatal."
Traders cannot operate by imaginary operations.
With his mentality imbalance, he did not carefully investigate the basic situation of all aspects of the market for a long time and intervened heavily, which was a serious mistake in operation principles.
Just like Waltergu said.
Allianz capitalists have great business and deep foundations. They may not blame the inevitable losses of funds under normal operations, but they have a serious operating principle like him.
Neither the internal board of directors nor the majority of fund investors will tolerate it.
In addition, his concealment of the net value of Auran Capital has caused the company to face a bankruptcy storm. Such mistakes and dereliction of duty are even more intolerable to Allianz Capital Group.
All of this error...
All of them mean that he had to leave Allianz Capital and had to be disgraced in the financial industry.
"Ampton, you..." Waltergu sighed heavily, "You are so stupid. It is a taboo for a trader. Oran Capital, even if it is your hard work, under the constraints of market trading principles, you should not bet like this, destroy yourself and destroy the foundation you have built over the years."
In Waltergu's cognition.
Loss is not terrible. What is terrible is that you cannot recognize the essence of trading and fall into a gambling mentality that does not abide by trading rules and principles. This is fatal.
Especially in leveraged trading.
Once you lose your mind and sober, in the wrong code of conduct, you will only make mistakes more and more mistakes.
He never expected that Ampton would make these mistakes as a veteran of the trading market for more than 20 years. However, after pondering for a moment, he felt relieved when he thought about the old guy's always irritable and extreme personality and trading style.
In the financial trading market, Chinese capital has always been destined to be harvested by capital from all over the world.
There has never been a precedent for making money and getting out.
So, this time, facing the sudden loss from Chinese capital, facing such an opponent who has never achieved outstanding results in the global trading market, and facing the clear appreciation investment logic of the pound in the foreign exchange market, making such a desperate gambling decision, if you think about it carefully, it is reasonable and unexpected.
Trading judgment and operation style are very self-centered things.
With different cognition and different personalities, each trader's operating style is completely different.
"Oh..." Ampton sighed helplessly and said miserably, "It's over here, nothing is useful to say. I just regret that Huazi succeeded so much and gave a free gift from the surname Su."
He gritted his teeth with hatred.
In the end, the falcon's eyes were blinded by the eagle.
In this London long and short battle, he was defeated twice by Su Yue in a row. For him, this is a lifelong shame. If you cannot avenge your shame, you will never forget it.
"Old guy, you must know how to admit defeat!" Waltergu advised, "There is no real victory general in the financial trading market, just cut the position and get out. You are an excellent investor. Although you have made serious trading principles in this transaction, you cannot change this fact. Don't worry... I will try my best to plead for you on the board of directors of the group."
"As for investors, I can only hope everyone understands it!"
He and Ampton, even though they have been fighting for more than ten years within the group, can be regarded as getting to know each other.
Now, seeing the old guy ended in such a tragic ending in the financial trading market where he had been struggling all his life, he couldn't help feeling sad and felt that the rabbit died and the fox was sad.
While the two were talking, the pound exchange rate continued to fall in the last ten minutes of the last trading session, showing a straight plummeting trend again.
2.0660 price, 2.0640 price, 2.0620 price…
More and more bulls are cutting positions, stop loss, and liquidation. The shorts are actively selling orders. Over time, they accumulate more and more serious, causing the pound exchange rate to accelerate downward like the flood discharge water after the gate is opened, with a magnificent momentum and unstoppable.
The trampling on each other and the massacre of bulls by bears is getting more and more intense.
Panic, fear, permeate, penetrated the entire market. As negative news continued to deepen and ferment, the bulls took over the market and dared to buy at the bottom, investors and speculators who were able to buy at the bottom were sharply reduced at a speed visible to the naked eye.
‘Belid Capital Group’ Heda Fund, Hank Fund, and the quantum fund headed by Bazer, HSBC Fund Investment Department, Standard Chartered Bank Investment Department, Yingjie Investment...
Main institutions of many parties.
Many of the losses within one hour of this late trading have reached below the fund's stop loss line.
However, in the collapse of this long line, everyone is only concerned about escaping life, and the market is not able to take up enough prisoners at this moment. Even if the funds reach the forced stop loss line, these main institutions cannot do it at all.
The massacre of bulls was staged in a crazy manner at the end of the trading day.
Tens of billions of dollars of profits and wealth were quickly transferred from the hands of the longs, like flowing water.
"The fund's profit has expanded to US$8.5 billion!"
In the London trading room of Bentayga Capital, Lin Feng said excitedly before the closing: "In one hour, we went from losing more than $4 billion to making a profit of nearly 10 billion. With a shocking reversal, we are creating a new profit myth."
"This is just the beginning." Su Yue smiled and said, "The depreciation channel of the pound exchange rate has been officially opened in the true sense from this moment. The next market will be a purely short market. After we defeat the main bulls, we will also completely occupy the dominance of the subsequent market conditions. No one can compete with us in the pound exchange rate market anymore!"
"Under this dominance, the profit of 10 billion US dollars is not the goal, but just a fraction of the final profit."
Previously, Joti Sharman of the 'Belide Capital Group', expected that after the dream of defeating the short sellers, he would short and take over the final situation of the entire pound exchange rate market.
At this moment, it is happening on the Chinese people led by Su Yue.
What she longs for is the future that will dominate the depreciation of the pound exchange rate and eat up long profits in the pound exchange rate market.
It will eventually be completed by the Chinese team.
As Lin Feng said, this long-short war between various global capitals gathered in the pound exchange rate trading will create a new profit myth at the end, just the final profit figure. The wealth that the Chinese team can harvest from the pound exchange rate market will probably far exceed his expectations under Su Yue's trading.
"Small..."
Lin Feng was shocked, a little unimaginable.
Su Yue looked quietly at the final frozen price at 2.0611, falling by more than 1.5%, with an amplitude of nearly 400 points, and said with a smile: "Yes, a fraction, we have to continue holding huge short positions in the future. Don't easily cover them, and then use the ever-expanding profits to continue short and kill longs until..."
Su Yue paused, his eyes flashing.
"Until the main bulls were forced to cut all positions and eliminate them, until the expectation of continued depreciation of the pound exchange rate has penetrated into the hearts of all market investors and speculators, until the entire market has only one voice, until the vast majority of investors and speculators have no courage to buy at the bottom."
"We have survived the most difficult period of bullish encirclement and should expand the fruits of victory to the greatest extent."
"At present, we are the largest short sellers in the pound exchange rate trading market, and have a lot of profits. With the cooperation of future fundamentals and news, we can dominate the market trend, trick the bulls one after another, and eat the most lucrative profits in the entire pound exchange rate market within the best time period for expected reactions."
"This is an unprecedented excellent harvest opportunity for our Chinese capital in this global financial trading market."
“Don’t miss it easily.”
"In the next month, we will stick it on the pound exchange rate market like a piece of psoriasis, and use the huge amount of short orders in our hands to make enough huge profits."
After Su Yue finished speaking, he not only conveyed this to the Chinese state-owned capital team and several Chinese capital funds that followed the trend.
Barclays and the 'New Zealand Merron' funds were not informed again.
As an ally, he has helped everyone defeat the main organizations of the many parties involved in the beating and making them earn money, which is worthy of everyone's trust. As for how much others can earn in the future and when to choose to make up for the game, this is not what he should consider.
After the disk was frozen, it was already late in London.
However, in this quiet late night, as foreign exchange traders, most people cannot fall asleep.
The pound exchange rate, in the last hour of trading time, had a shocking reversal, falling by nearly 400 points, causing the bulls to collapse and fall into a dilemma of mutual trampling. Retail investors, hot money, most of them were in liquidated positions, and the wealth of hundreds of billions of dollars was plundered by shorts. Such a human tragedy really cannot make huge losses. The long investors who have liquidated their positions fall asleep peacefully.
Every investor who goes long has his heart bleeding.
To be continued...