Chapter 352: Lock-up
After listening to Lin Yong's explanation, everyone was even more stunned, and they admired Lin Yong even more.
Originally, everyone thought that Lin Yong could only make some short-term trading orders, after all, short-term orders are easier to predict and get a value that is close to the market price.
But I didn't expect Lin Yong to be able to predict the rise and fall of most of the day, to be precise, it should be a day's market fluctuations, after all, this is only a few hours, if you can do it like Lin Yong, then you really need to have an absolute grasp of the market, and dare to operate like this.
After all, starting from a small position entry and increasing positions all the way to the current full account, it is extremely dangerous for any trader.
If the grasp of the market is not accurate enough, then the entire account may be at risk of liquidation at any time.
Looking at everyone's surprised performance, Lin Yong still quietly looked at the latest K-line chart of the pound and the United States dollar on the computer screen.
At this time, the latest K-line chart of the pound and the dollar shows that after the morning to the present, the whole pound dollar market looks like a moderate decline.
Although the overall decline has reached nearly 500 points, the decline of each candlestick is very small.
This is clearly a reflection of last night's sharp fluctuations.
Xiao Li looked at the trend chart of the pound on the computer screen at this time, and couldn't help but feel a tremor in his heart, if the pound dollar is not only falling, then all traders' accounts will be like boiled frogs in warm water, and they will be slowly and gradually trapped by this downward market, and finally even if they want to cut the meat and run, I am afraid it will be too late.
Thinking of this, Xiao Li hurriedly said to Lin Yong: "Mr. Lin, I'm a little worried, now all our traders' accounts are full, but looking at the pound and the United States seems to be falling non-stop, I can't see where it will fall to be able to have support, in case he continues to fall like this for a whole day, to the opening of the European and American markets to continue the decline, then our account will not be able to withstand such a high risk!"
Xiao Li knows very well that the risk profile of everyone's account has reached a very dangerous situation, because all the margin in the account has just made the last margin call.
Nowadays, all traders have no extra funds on their accounts to withstand the risk of falling.
If. If the pound continues to fall like this, the only thing that can allow traders to bear the risk is probably the only additional funds coming in.
However, Xiao Li also knew that Lin Yong had just taken over the company and had already allocated most of the funds to each trader's account, and I am afraid that at this time he would not be able to take out such a large sum of funds to replenish the reserve funds for all traders.
After all, with so many traders, each trader has to replenish more than double the capital, which is indeed a very large amount of money.
Moreover, if the market really continues to fall like this, even if the account is doubled, I am afraid it may not be able to withstand the risk of this decline.
Looking at Xiao Li's nervous appearance, Lin Yong smiled slightly, signaled Xiao Li not to be anxious, and then pointed to the latest K-line chart of Pound Pound on the computer screen and said: "Xiao Li, you haven't taken a serious look at this pound dollar market?" If you look at the market of the pound and divide the wave of its overall decline today into several segments, then it is easy to see that he fluctuated relatively much at the beginning of the morning, but now the fluctuations in the back have become very small, that is, now every time he makes a new low, he closes with a very small black candle!"
"This can be seen! But this wave of the market doesn't look quite normal? In the morning, the market trading is not so active, so the fluctuations seem to be larger, but now that the market investors are fully involved, the market must have become more smooth, so it seems that the fall is not as violent as the morning fluctuations, although each K-line looks to be gradually smaller when it closes, but the whole period of time seems to be not small!"
When Xiao Li heard Lin Yong's words, he always felt that he couldn't see any way at all.
After all, this is a very obvious unilateral downward trend, although it is only a short-term trend of a small cycle, but this wave of trend is already very threatening for traders to operate with full positions.
If you had bought a full position of GBPUSD long positions at the beginning, then since the morning to now, I am afraid that all traders' accounts have been wiped out by now.
So this wave of trends does not seem to have fallen very much, only about 500 points, but the risk is too high for all traders who are already in full positions at the moment.
"Mr. Lin, what do you mean by this? I don't see anything different in this market, no matter how you look at it, it looks like it hasn't fallen to the bottom, I feel that our account is indeed quite risky, after all, I haven't seen it yet!"
"Yes, we haven't come out yet, but our trading account is already full, are we a little early?
"Yes, if you don't lock out a part of the position, anyway, it's already like this, it's better to earn both long and short, if the market continues to fall, then we will make a profit on the short order, when the time comes, cut the short single, in the backhand long, that is not in vain to make an extra amount of money, if it has really been reduced to rebound, we will cut off a little casually, then there is not much loss, if you don't want to lose, simply keep locking, the position until it is completely reversed and then out of the night, do a good two-handed plan that is not better?"
"Yes, I think it's still a safer way to lock up the position, Mr. Lin should not think about it, after all, it seems that this pound and the United States really don't want to bottom out!"
Everyone listened to the conversation between Xiao Li and Lin Yong at this time, and they all felt that the market of Pound Mei was indeed a little dangerous.
No one can understand what Lin Yong just said means, judging from their trading experience in the trading market over the years, there is really nothing special about the pound and the dollar making this wave of market today.
After all, at this node, the full position to buy the pound and the United States dollar, in terms of probability, the odds are not great, as long as this wave of falling market does not appear to bottom signal, then this can not be used as a basis for buying, let alone want it to rebound, to be able to stop continuing to fall, it is already considered to have taken shit luck.
But why did Lin Yong ask all traders to add their positions to full at this point?