Chapter 350: Panic
When everyone heard Lin Yong's explanation, they were all burdened, and they began to operate on the computer, buying one-tenth of the position of the pound and the dollar at the current market price.
After an hour, the market of GBPUSD is still the same as the price at the beginning of the purchase, fluctuating in a small range, and the spread is indeed relatively large when the market is pressed, so it seems that there is almost no fluctuation in the whole hour, and the floating profit and loss on the traders' accounts has hardly changed.
"It's been an hour, it seems that the pound and the dollar don't have much fluctuation, if it's the same as the previous orders, how much money has been made in an hour, and now the data on this account is basically not as good as a fraction of the previous one!"
"Yes, Mr. Lin's list is really too early for us now? Could it be that we are tossing around here in vain this hour? Teacher, if we buy other varieties of this list, maybe we have made a lot of profit now!"
"Alas, if I knew that the pound dollar had no performance, it would have been more refreshing to directly engage in the futures trading varieties of the internal disk when the market opened, and the time point of ninety o'clock is the most active time for domestic futures trading, and it was wasted so much money on the pound and the dollar but there was no gain, and it was not really a loss!"
"Hehe, can you be a little patient? Since Mr. Lin is already optimistic about today's market in the pound and the United States, then what is there for us to wait patiently, can you guarantee that if you change the futures varieties of the internal disk, you will be able to make 100% money?"
Everyone looked at the fact that there was not much fluctuation in this disk, and they really felt a little pity, after all, more than an hour had passed, and this more than an hour happened to be the most active trading time period in the internal market.
At this time, if it is a futures variety that is traded in the internal disk, it is true that some trading varieties fluctuate back and forth unusually violently, and if the back and forth operation can be 100% accurate, it is completely enough to make a good profit.
At this time, many traders looked at the floating profit on their accounts so little, compared with the gap between last night's big win and more than 10 million in one night, and suddenly felt extremely disappointed.
Lin Yong quietly glanced at the latest trend chart of the pound on the computer screen, and said with a slight smile: "Hehe, you don't need to be so nervous, isn't it good?
After all, for Lin Yong, anyway, there is room for 2,300 points of market fluctuations throughout the day today, as long as the traders can execute the transaction according to his trading instructions, the profit of 2,300 points is secure.
So for the market fluctuations between this time, Lin Yong did not pay attention to it.
Everyone had no choice but to give up when they heard Lin Yong say this, after all, although they were very anxious, but this education plan had already come out, so they could only implement it according to the trading plan.
Lin Yong was not in a hurry, and called up the latest trend chart of gold in front of the computer.
The gold bought yesterday is still rising.
Moreover, last night's gold directly rushed to more than 80 US dollars overnight, and Lin Yong's initial capital for that month had reached more than 200 million, more than doubled.
However, although gold rose so much yesterday, for Mr. Lin, it is just a beginning.
For this golden long order, Lin Yong is planning to take a medium and long-term line, and doubling it is just a piece of cake.
In the next few hours, the market of GBPUD continued to go down, and the traders had to strictly follow the trading plan, adding positions every 100 points, until three o'clock, according to the trading plan, all the funds in the entire account had been bought in GBPUS.
Everyone watched the pound dollar continue to fall slowly from the morning, and it was really frightening, after all, with the pound dollar constantly falling, then the floating profit on the account slowly turned into a floating loss.
Seeing the funds in the account slowly decreasing, who can not be in a hurry?
"Mr. Lin, what is the matter with the pound and the United States? This has fallen so much since the beginning of the order, and there is a space for nearly 500 points, which is not a small loss!"
"Yes, Mr. Lin, would there be any problems with our trading plan today? If I had known that the pound and the dollar would fall so much, I wouldn't have traded this order in the morning, and I didn't start entering the market until now, wouldn't it be beautiful?"
"Alas, it's all tears, this is tens of millions of funds, the cost of opening a position today alone has reached millions, if I hadn't earned more than 10 million last night, I really have the heart to jump off the building now!"
"Mr. Lin, although the funds in this account are not our own, but looking at the list they bought has fallen all the way, to be honest, I really see that I am very panicked, now all our accounts have been full of pounds and US long orders, bought in the morning, although it is said that it is a loss all the way, but at least we still have margin to continue to add positions, but now all our accounts have put all the margin to buy positions, if the market continues to fall like this, then we will definitely not be able to bear it, in case there is a real plunge market, I am afraid that our account will be liquidated to zero!”
Traders are now seeing the pound and the dollar all the way down, and now the account has almost all the money filled up to the position.
If the market of GBPUD is not only falling and rebounding, then every subsequent decline of GBPUD will increase the risk rate of the margin of the account.
Once the risk rate of the account is high to a certain time, the risk that can be borne by that time is very low, once the market of the pound and the United States falls sharply, the account may appear at any time, because of insufficient margin and liquidation.
What makes traders puzzled is that if Lin Yong had predicted such a decline in the pound and the dollar, then why not just wait until these three o'clock to start entering?
From the morning to now, traders have added positions four times in a row, and each time they fall, it is a process of psychological struggle for traders.
The important thing is that even if you know that the market may continue to fall, you must continue to add positions in strict accordance with the trading instructions.
Xiao Li also couldn't help but sigh slightly, looked at Lin Yong and asked suspiciously: "Mr. Lin, do you think this pound dollar market can still be saved?" Now there are no extra funds in everyone's account, even if the pound dollar continues to fall, there will be no funds to replenish the position at all!"