"We Chinese have a saying that wealth and honor are in danger. It sounds a bit weird to say it in English, that's what it means."

Ye Dongqing holds enough power in Tamsui Fund Company. He doesn't have to worry that Carnike will refute his decision, but some questions still have to be clearly stated in advance. Then he said: "I am optimistic about the recent crude oil futures market. There was not enough good news to support the last time. The momentum for oil prices to rise is insufficient. I withdraw it in time and I am lucky to do it right.

This time, we will draw a line in advance, four dollars. Once the crude oil price rises four dollars compared to the current price, we will immediately clear the position and put the bag in a bet of about 15 million US dollars, and the remaining money is pressed as margin. I hope to reduce the purchase price to less than five percent."

At least twenty times leverage.

If the funds can be guaranteed to be sufficient, some institutions will agree to use this large leverage to allow Ye Dongqing to build a position. The leverage is high and the handling fee is high, and the intermediaries do not have too high risks. How could they not be willing to make this money?

Recently, I have read several investment books one after another, and there is a sentence he remembered. The author said that if 80% of traders are bullish, it means that it is not far from the head and the market will fall. Conversely, if 80% of traders are bearish, it means that it is not far from the bottom and the market may usher in a rebound.

People pursue "selling at high prices and buying at low prices". In fact, it is dangerous whether you buy at the bottom or try to survey the bottom. Personal judgments often have misunderstandings. You may bet on the trend, but how to go and when to go must be determined by the market.

In addition, controlling risks is also the key. Ye Dongqing does not intend to chase high prices. Before he can build a position, he sets a vague psychological price first and is ready to cut the position immediately once he crosses the line. This is a good habit. There are enough opportunities in front of him. It is important to learn to avoid blind greed.

If he had just met him, Carnike might have thought that his boss was crazy, but he had thought so last time, but Ye Dongqing earned tens of millions of dollars in a battle and successfully avoided the subsequent decline.

Of course, I have luck. This guy thinks it is mainly because the boss is brave. Seeing that Ye Dongqing has made up his mind, he shrugged and said, "Then try it. Anyway, I made so much money last time, and it doesn't matter if I give up some of it this time. However, there are more short-selling institutions recently, and the crude oil futures market does not seem to be very good."

"Don't compromise with most people. You should know that most people in the futures market lose money. If those oil merchants collectively short crude oil, I would never choose to do this.

The fact is that low oil prices make them unable to make much money. They are busy bribing public opinion and exaggerating the help of others. They don’t know where to get the sense of superiority, but we Americans just take this trick, which is building momentum."

There is no need to speak too directly between smart people. Carnike understands that Ye Dongqing refers to oil merchants who want to find an excuse to use force to indirectly interfere with oil prices. If a war breaks out recently, oil prices will definitely rise, after all, production capacity will be affected.

When he was doing it for a long time last time, he heard the boss talk about this view and replied with a smile: "Yes, don't look at what the lives of poor people have become. The man in Washington has a very similar temper. He is really capable of doing things that others dare not do. I will build a position now?"

"Well, I bought it today, and it just fell a little bit. I know that twenty-five dollars are far from filling the appetite of those institutions that go long."

For example, he said to Carnike that Ye Dongqing was comforting himself. He invested with his memory and feelings and could make money. Perhaps the estimate failed. The fluctuations within a few days would make him lose the 25 million US dollars, twenty times the leverage, which was greater than the last 12.5 times the leverage, and the risk also increased accordingly.

As long as the fluctuation of two dollars is over, more than 10,000 crude oil futures will be forced to close, and the margin will disappear with 10 million US dollars. Although the leverage effect can make more money, the loss will be quite terrible. Many tycoons in the financial circle become famous by just one battle, and then quickly lose to suicide.

This kind of exciting financial game is not suitable for people without capital, nor is it suitable for people with poor psychological quality. One hand is a total of 1,000 barrels of oil, not a million dollars. I am embarrassed to say that I have traded crude oil futures. Real bigwigs hold billions of dollars, and they only dare to use a small leverage of three to five times when playing commodity futures. It is rare for Ye Dongqing to be afraid of death.

Carnike went to make arrangements, and after Ye Dongqing made up his mind, he did not plan to change his mind anymore. The crude oil price fell more and rose less in the previous week. He felt that this moment of volatility was a good opportunity worth buying.

Last time, I thought it was a good opportunity, but later I lost more than 10 million US dollars in the early stage. Fortunately, I used the book income of Tamsui Fund Company this time. At least I don’t have to worry about being charged with financial fraud. Whether it makes money or loses, it belongs to him...

To build positions in the crude oil futures market again, the positions on the warrants need to be communicated with securities companies and investment banks before they can get a definite answer.

On Tencent, Ye Dongqing is still delaying and wants to see the company's capital situation first. As long as the capital chain can be guaranteed to be risky, investment is also feasible. If it really doesn't work, it can still operate through options after it goes public. Judging from the data learned during the roadshow, the possibility of soaring into the sky in the short term is not too high.

Chinese people like to say "chicken farming (fund)" and vivid, which is a technical job, and patience is indispensable.

Although short-term trading can make money, it is far less than long-term investment. Since I think there is a better place to go for 50 million US dollars, there is no need to make the capital chain too tight.

New Year and new atmosphere.

The online trading website of Tamsui Fund Company has been launched. PayPal has given a pretty good handling fee rate and has cooperated with several banks. The amount of funds is still pitifully small, with a transaction volume of less than 40,000 US dollars on the first day. The main source of customers is Golden Island Financial Management Company.

The arrangements for expanding recruitment of new employees and increasing promotion efforts were just notified yesterday that Ye Dongqing was preparing to find several professional agents, preferably those who were unruly and asked them to help manage the company. Among the requirements for the selection of headhunting companies, the "two years of work experience in insurance companies" is listed, selling financial products and insurance is almost the same in his eyes.

Those who have worked as management in an insurance company must know how to manage the Golden Island Financial Management Company. As the main channel for public fundraising, Ye Dongqing dares not take it lightly and is preparing to host the interview work by herself at that time, so she will definitely not make do.

Mr. Alfred House, the director of Facebook, suddenly called Ye Dongqing and said a lot of terms that he couldn't understand. It probably meant that he had negotiated with Oracle (Oracle). The server and the supporting enterprise-level software services cost about $16 million in total.

I suddenly had a headache and complained: "I asked you to be a little better, but I didn't let you buy such expensive ones! Just make do with this year first, why should I take it next year to consider... Okay, okay, you promise the Oracle people first, please help me ask if I can pay the deposit first and settle the remaining three months..."
Chapter completed!