633 Lynnwood Asset Management is finished!
Lin Haocang hurriedly opened the trend chart of spot gold!
At this moment, spot gold is like getting a rocket-like propulsion!
Crazy up!
In just 5 minutes, spot gold rose by 100 points!
From the 1218.0 position to the 1228.0 position!
On the 5-minute chart, it's a super long white candlestick!
It means that the bulls in the market have crushed the bears!
The floating profit in Lin Haocang's account suddenly surged, and now it has a floating profit of 280 points, with a total floating profit of 2.24 billion US dollars!
The account equity is up to $13.24 billion!
"Damn, this surge is a start!"
"I don't know how much it will go up today!"
"This 100-point increase is just the beginning!"
"I don't know how many shorts will blow up their positions because of this, leading to a further surge in spot gold!"
Originally, the Greek debt crisis had just stopped, but I didn't expect that Hungary might also follow in the footsteps of Greece today, which is really a blockbuster good spot gold news!
At this moment, the euro currency has plummeted across the board!
The dollar and gold are rising together!
Usually the trend of the US dollar is opposite to that of spot gold, but in times of risk aversion, the US dollar and gold will rise together!
The safe-haven currencies in the world are the Japanese yen, the dollar index, and the Swiss franc.
The Japanese yen is a currency pair, such as USD/JPY, GBP/JPY, EUR/JPY... CAD/JPY plummeted across the board!
···
At this moment, Gaosheng Bank's Jiangdao Branch, Li Zetai's eyes widened, watching the soaring rise of spot gold, and his heart was very excited!
At that moment, he had an extra $1 billion in profit in his account!
Now he has a floating profit of 140 points in his account, a total floating profit of $1.4 billion!
"Cool!"
Originally, he thought that spot gold would encounter resistance and fall back after rushing to the 1218.0 position, but he didn't expect spot gold to rush up by 100 points!
At this time, he saw the news of Hungary, and his heart suddenly blossomed!
"What a surprise!"
"Haha, Greece has a debt crisis, and now it is revealed that Hungary also has a debt crisis, haha!"
"It's cool, it's cool!"
This time spot gold does not know how many points will rise, he feels that this afternoon suddenly soared by 100 points, just a beginning!
And he happened to increase his position at about 10 o'clock this morning and bought 500,000 lots of spot gold!
A few hours before the events in Hungary came out!
Li Zetai feels that he is so wise, too decisive, and so lucky!
Even God is on his side!
I made a lot of $2.4 billion last time, and I have to make at least $3 billion this time!
Thinking of this, Li Zetai is very proud, this year is his best year!
The best traders are none other than themselves!
I can go on vacation all over the world in the second half of this year!
And with this record, I can also jump ship to those large asset management companies in the future, manage tens of billions of dollars in assets, or open my own hedge fund!
To be honest, after 15 years at Gausheng Bank, he was a little tired.
Most of the money earned is handed over to Gaosheng Bank, and he only gets a small commission!
The highest commission is only 8%, usually 5%!
But it's different if you open a hedge fund yourself, and the profit commission of the hedge fund industry is at least 20%!
For example, he earned $2.4 billion last time to Gorson Bank, but the commission he received was only $120 million!
But if he opened a hedge fund and made $2 billion, he would have earned $400 million!
Not a grade at all!
····
At this moment, Greenwood Asset Management, many traders are looking at the super long white candlestick in the 5-minute chart, and they are simply gone!
"How is this possible??" A trader watched this scene dumbfounded, wondering why spot gold suddenly skyrocketed by 100 points!
It's incredible!
"Why, why did it suddenly skyrocket so much? Wasn't it okay during the Asian session this morning?" another trader looked at the computer screen with no eyes.
He always thought that there was a strong resistance above the 1218.0 position, and it was impossible for spot gold to break through the 1220.0 position, but he never imagined that spot gold would break through the 1220.0 position in an instant just now!
"What the hell is going on? Why does spot gold suddenly skyrocket by 100 points when it rushes to the 1218.0 position?" Another trader looked at the computer screen in panic, wondering what was going on!
At this time, a trader saw the news in Hungary and immediately became terrified!
"Something has happened to Hungary, and we have to follow in the footsteps of Greece!"
"Oh my God!"
"No wonder the euro plummeted!"
"The dollar and gold are all rising!"
"God, this is going to kill us!"
···
And their president, Huang Chengkang, is still asleep!
A trader hurriedly woke up Huang Chengkang!
"President, no, President, no!"
"What's the matter?" Huang Chengkang hurriedly opened his eyes, his face full of sleepiness!
At this time, he looked at the computer screen, and spot gold skyrocketed by 100 points!
He only slept for a few hours, but he didn't expect spot gold to rise to 1228.0!
Oh, my God!
They have a floating profit of 240 points in their account, a total floating loss of $2.4 billion, and there are still $100 million of available funds left in the account, which is about to blow up!
Huang Chengkang's back suddenly burst into a cold sweat, and the whole person was scared out of the sky!
A trader hurriedly said: "President, there was a debt crisis in Hungary just now, which caused panic in the financial market!"
Huang Chengkang hurriedly opened the news and looked at it, and suddenly his heart was desperate, and his eyes were full of fear!
"God is killing me!"
···
At this time, spot gold rose by another 10 points, from 1228.0 to 1229.0!
Their account is liquidated at this moment!
"No !!!"
"No !!"
···
Spot gold has started a new round of skyrocketing because of the liquidation of Greenwood Asset Management!
Because spot gold rose too fast, when the bank's risk control department forced them to liquidate, it was very slow!
Half an hour later, spot gold still rose by 120 points!
From the 1229.0 position to the 1241.0 position!
The short order of 1 million lots of spot gold in the account of Lynnwood Asset Management Company has an average position position of 1204.0, and a fluctuation of one point is a profit and loss of $10 million, and the closing position is at 1236.0, with a total loss of 320 points and a loss of $3.2 billion!
There are still $300 million left in the account!
Because of the liquidation, spot gold skyrocketed, and they lost an extra $700 million!
Lynnwood Asset Management is completely finished!
Huang Chengkang let everyone leave the trading room, sat on the stool by himself, and looked at the ceiling with a lifeless face!
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