Chapter 549: The god of stock is ruthless
2009 is about to begin. If financial market personnel are asked to choose the most eye-catching investment product in 2008, it must be copper futures.
When copper futures fluctuated at a price of one thousand US dollars, many investors around the world turned their attention to copper futures.
However, at that time, the increase in copper futures was already a bit large, and the copper price on the market only rose slightly and did not rise sharply. Therefore, many people believe that the surge in copper futures will soon peak.
But what many investors did not expect was that when copper futures ended their volatile market, they actually opened upward channels.
When the price of copper futures exceeded 1,200 US dollars, investors who were still waiting and watching could no longer bear the greed in their hearts and began to go long.
Just when everyone thought that the price of copper futures would quickly exceed 1,300 US dollars, many short copper futures orders suddenly appeared in the market. At the same time, the top companies in the world's copper production also sent various positive news.
Therefore, the price of copper futures did not break through the price of 1,300 US dollars as expected, but fluctuated heavily at the price of 1,250 US dollars.
At this time, some cautious investors began to lower their positions. After all, no one knew whether the price of copper futures would continue to rise or turn down after the price of copper futures ended.
But more investors continue to hold long positions in copper futures.
Many of these people opened positions at a price of 1,200 US dollars.
The main reason why they did not leave the market was that their overall profit was not high, and they missed the previous opportunity to build a position of 1,000 US dollars, so their copper futures will continue to rise sharply this time.
But reality taught these young investors a lesson.
After the price of copper futures ended its fluctuation, it did not continue to rise sharply, but turned around and began to fall slowly.
Although the decline is slow, the price of copper futures is indeed falling.
Those who hold long positions think that the decline at this time is just a normal pullback, but they don’t know that the reason for the decline in copper futures is because the stock god Bafiter mobilized funds to enter the market and kept shorting.
Before, when copper futures broke through 1,200 US dollars, Bafeter's funds began to enter the market.
Theoretically, when the stock god's funds enter the market, the price of copper futures should have fallen, but the price of copper futures did not fall at the price of 1,200 US dollars.
Because when the stock god's funds entered the market, the richest man Bill's funds were closed and he appeared.
When the richest man knew that the stock god Bafiter began to enter the market, he did not excitedly choose to join the stock god's shorting team, but chose to close his position and exit.
It turns out that the price of the richest man Bill shorted the market was 1,000 US dollars. As the price of copper futures exceeded 1,200 US dollars, almost all the funds in his hands were invested in the market.
However, his current positions have always been in a loss state. Once the price of copper futures rises later, his positions may be liberalized at any time.
When the stock god Bafiter began to enter the market, the richest man Bill chose to close all his short positions at this time.
Although Bill's behavior seems shameful.
He called Bafete and told him not to let Lin Feng go and asked the other party to join the team against Lin Feng.
But when Bafeteria brought funds to support him, Bill continued the opportunity to enter the market and began to close his position.
Before Bafeteria entered the market, the only main force in shorting copper futures in the entire market was Bill.
If Bill wants to close the short position of funds, it will inevitably lead to a sharp rise in the price of copper futures, and the sharp rise in copper futures will continue to exacerbate the risk of Bill's liquidation.
Therefore, if Bill's funds want to close their positions, they will inevitably need another stock of funds to short them. In this way, Bill's closing positions will not lead to a sharp rise in copper futures prices.
Bafete didn't expect that he himself underestimated the level of the richest man Bill's rogueness.
When he joined forces with Bill to deal with Lin Feng, Bill went back on his word and took away the funds, which put Barfetter in a difficult situation.
After receiving Bill's call this time, although Bafett did not agree, he was very moved by the other party's suggestion.
He has been paying attention to the competition between Bill and Lin Feng in the copper futures market before, and knowing that Bill and Lin Feng are currently evenly matched, and both sides are in a balanced situation.
After Bafeteriat, if he joins Bill's camp with funds at this time, Lin Feng is really likely to be defeated, and even directly blows up Lin Feng's position.
But Bafete never expected that when he started shorting copper futures with funds, not only did the price of copper futures not fall at all, but instead slowly rose.
At the beginning, Bafeteria didn't care much about this situation.
After all, with the sharp rise in copper futures in the past month, many financial giants in the international market have already set their sights on copper futures, and it is no surprise that there are more people who enter the market to go long copper futures.
But as Bafete's funds gradually decreased and his positions gradually increased, he finally found something wrong.
The stock god who has been playing in the financial market for many years is still a little older now and has to wear reading glasses to see things clearly, but his mind is still clear.
After Bafitter found something was wrong, he immediately asked someone to investigate, but only then did he find that Bill was the one hedging him in the market.
When Bafeet learned the news, Bill's positions were almost closed. Even if Bafeet stopped opening positions at this time and Bill continued to close the positions, it would not have a big impact on the price of copper futures.
When Bafeet learned about this situation, he smashed the screen worth hundreds of thousands of dollars in his office, and he still felt a little confused. Then he called Bill and scolded him.
After receiving Bafeteria's call, Bill was not embarrassed at all and pressed the answer button directly.
Bill was not angry at the constant scolding of Bafete on the other end of the phone.
After all, he really did a sorry for Bafett in this matter.
But the world is bustling with people for profit. If it were Bafeteria, I believe the other party would make the same choice as him.
"Mr. Bafeteria, I don't think you have to be so angry."
"Aren't you going to enter the market to deal with Lin Feng? Then have you built your position now?"
"At most, I did not fulfill my original promise and did not deal with Lin Feng with you."
When Bafeter heard Bill's words, he was so angry that his internal organs were inflamed.
"Bill, you guy, wait for me, sooner or later, I'll let you come and beg me."
After Bafet finished speaking, he smashed the phone in his hand to the ground, and the phone was instantly smashed into pieces.
Chapter completed!