Dunlun, Westminster.

A small gambling house.

Pitens of thousands looked at the price of the Italian lira on the computer, and his eyes were full of confusion.

As a trader who loves to invest, he once saw the collapse of the Finnish mark firsthand, and watched many friends short the Finnish mark and make a lot of money.

This made Pizin very remorseful, because he also had the idea of shorting when he saw the opinion of the Finnish mark in the newspapers.

But in the end, he only earned less than 3,000 pounds, and in the end, he watched the hundreds of thousands of pounds that he should have received slipped out of his hands like sand.

Tens of thousands of positions were closed too early, missing the biggest and most terrifying drop in the Finnish mark.

Anyone who encounters this kind of thing will regret it.

Fortunately, there is no shortage of opportunities in the financial markets.

As Schlesinger spoke in front of the public media, Pi Tens of Thousands realized that the opportunity had come.

However, the volatility of foreign exchange prices is often not very high, especially when the volume of the underlying volume to be traded is large enough to reach a certain limit, its market volatility will be lower. Unlike Finland, Italy is one of the main members of the European Monetary Unit and one of the first initiators, and the price of the lira is allowed to fluctuate in a narrow range, while usually, its daily elasticity is at most about one percent of the price of the lira.

Therefore, trading foreign exchange futures with narrow volatility often has a high degree of leverage, from a minimum of 20 times to 2,000 times, from a legal exchange to a gambling house. After considering many factors, Pi Jiwan chose to trade in the gambling house. In this way, he can get the maximum profit with the minimum principal.

Who knows, before the market opened, the Bank of Italy suddenly announced a new interest rate policy, raising the central bank's discount rate to 12%.

This made Pi Ji want to scold his mother for a while.

He wanted to go short, but the Bank of Italy adjusted the interest rate to 12 percent all at once, and God knows what kind of change it would bring to the lira, which should have fallen.

There was no way, Pi Jiwan had to choose to wait for the market to make a choice.

Outcome..... As soon as the market opened, the lira fell from 806.25 to 810.25, and the money that should have been earned was perfectly missed.

This is a blood-vomiting start, obviously bearish, but because of a moment of hesitation, I watched the money that should have been in my hand slip out of my hand again like an hourglass.

It is impossible not to be remorseful and aggrieved.

But fortunately, under the comfort of his girlfriend Zhenni Lu, Pi Jiwan suddenly opened his mouth and realized that the market chose to fall.

This time, he did not hesitate any longer, and directly opened fifteen short positions at the price of 810.25.

Perhaps it was Zhenni Lu's comfort that brought good luck to Pitens of thousands, and as soon as Pitens of thousands of positions were built, the market suddenly seemed to have locusts transiting, and dense red numbers with eyes and brains that could not be counted at all.

It's all short selling.

In the blink of an eye, the price of the Italian lira fell to 812.25.

At that moment, all the pores of Pitens of thousands were scattered.

It was all too familiar to him.

6.

6.

6.

Once when the Finnish mark was traded, Pitens of thousands saw with his own eyes how the Finnish mark collapsed after the 666 appeared.

Now, on the computer screen, because there are large sales in an instant, there is no reference, and 6 is almost still on the screen.

The devil acted.

Now, choose to be a demon or choose to save the suffering?

This is a brain-dead multiple-choice question.

Capital never sleeps, and conscience is worthless.

Without thinking about it, Pi Jiwan pushed his girlfriend Zhenni Lu's petite body away, quickly entered a few numbers on the keyboard, and clicked on the position.

Pi Jiwan's judgment was right.

As soon as he successfully increased his position, the price of the Deutsche Mark to the lira fell to 813.75, which was only a millisecond, and in this millisecond, he saw that the profit on the account instantly changed from 10,000 pounds to 46,800 pounds.

And then...... No then.

Pitens of thousands of liquidations, he didn't even understand what was going on, and a line of words popped up on the computer screen: Your position size has reached the risk warning line, and now it has been forced to liquidate.

What's going on?

Belch......

If Shen Jiannan is here, he will definitely be sarcastic: using 500 times the leverage to make futures, isn't that suicide!

But unfortunately, in trading, such speculators are always in the majority.

Champi was stunned, Pi was tens of thousands, Jenny Lu scolded her mother, and White Saine was dumbfounded...... In an instant, I don't know how many people involved in the lira transaction were instantly confused. Because, as the lira rebounded from 813.75 to 811.25, it stood still for less than a minute, and suddenly green numbers appeared on the platter, which looked like locusts crossing the border.

811.15 sold flat 5

811.05 sold flat 5

811.00 Sell flat 5

.....

810.15 sold flat 5

809.55 sold flat 5

808.75 sold flat 5

.....

Green, green makes people panic, green makes people look at their pockets.

Closing positions is all short closing orders.

In just an instant, countless short liquidation orders suddenly popped up on the lira market, pushing the lira price to 806.25, the lowest to the highest increase, more than one percent.

The bears are stunned, and the bulls are also at a loss.

I don't know how many individual speculators involved in the lira market were stunned in an instant. The first sharp decline, the speculators who engaged in leveraged longs had already liquidated their positions, and before anyone could react, they suddenly rebounded by one percent, and I don't know how many highly leveraged speculators also liquidated their positions in an instant.

The trend of the deep V is extremely dazzling, and the green color is so environmentally friendly.

"Damn the Italian bank, it's so despicable. ”

In an unknown gambling house, there are short speculators who have come to their senses and curse angrily.

At this time, raising interest rates to affect the market, first pushing up the lira price, and then closing the previously established shorts to push up the lira price twice, it is clear that the Bank of Italy is strangling the bears, and he has unfortunately become the target of the strangulation.

But the indignant verbal speculator did not know that in the innocent Bank of Italy, Ciampi was as confused as he was.

Who will it be, at this time to help Italy?

Ciampi was thinking about this.

George Soros is also thinking about it.

Countless capital managers around the world who are ready to sell the lira are also thinking about this question as they watch the Italian lira dance up and down violently.

In just a moment, there was a flat transaction of nearly money, this kind of efficiency is definitely not something that the Bank of Italy can accomplish alone, such a large number of people at least need to be completed at the same time.

No one knows, it's a simple test.

"Boris, good job. How do you feel?"

"Sir. It felt just too bad. Oh my god, I almost stopped breathing. ”

Boris slapped his heaving chest, swallowed, and said.

Opening a position can be done with one click, and closing a position is even more instantaneous.

This is really unimaginable.

In this regard, Shen Jiannan can understand very well.

This kind of thing that should not be in the present day, if I have to use a metaphor, is probably like the Indians when they first met the British and saw the power of their firearms.

The kind of terrifying lethality that breaks the imagination is enough to make anyone feel at a loss.

This kind of thing is nothing more than a tool of slaughter against individual speculators.

Of course, as a hanger, Shen Jiannan can only say that he is barely okay with this, and the programmatic transactions he has used are more exaggerated than the current ones.

After all, when it comes to data computing, the computing speed of today's computers is simply not comparable to the hardware that has been expanded by hundreds or thousands of times later.

At that time, this bastard specialized in program fishing, placing orders, killing stop losses, and I don't know how many Xiaobai harvested to make dumplings.

At last...... Those who are chased by people have no way to enter the heavens and no way to enter the earth.

It's really an unbearable life.

Grabbing the cigarette on the table, throwing it to Kevin Mitnick, Shen Jiannan thought about it and said.

"Kevin. What is the maximum number that can be achieved with this program. ”

"This is already the threshold for normal operation. Our computational calculations are not comparable to those of exchange processors, and if the data is concentrated in a short period of time, probably, our computers will all smoke. Of course, there are other people's computers as well. ”

"What if we build a large server? For example, we order a batch of state-of-the-art processors from Intel Corporation to build a supercomputer. ”

"In this case, I think, the scale of this data can be increased several times. But I have to warn you that if you do this, probably, the servers of the London International Financial Exchange may smoke. ”

"Okay. But my question is, can you do it?"

"It's not a problem. I often do this with broilers. But it's a matter of work ethic, and I don't want to do that. ”

"Kevin, it's not about work ethic. ”

"It's not impossible to do it. However, you have to add money. ”

Picking up a cigarette and lighting it, Kevin., Mitnick took a deep puff: "You have to give me a raise, at least...... Add five hundred dollars. ”

“......”

“......”

"I have always been generous, and I promise to give you an extra five hundred and fifty dollars, but you must work hard to make my generosity rewarded. ”

"Shen. You're more shameless than I thought. ”

"Each other, each other. I always thought you were a sullen man. I've always thought so. ”

“.......”