738 floating profit of 7 billion US dollars, desperate Li Zetai!
At this moment, Abigail, a big asset management company, saw that spot gold had fallen sharply to the 1220.0 position, and immediately laughed!
"Haha, I knew that spot gold would definitely continue to plummet!"
The assistant on the side smiled: "The 1265.0 position constitutes a double head, and we are on the side of the bears!"
He had to admire Abigail's decisiveness, which gave them a chance to turn defeat into victory.
Stop the loss in time and follow the right direction, which requires a lot of courage and execution.
Now the bears are on their side, and if they follow this trend, they will make money and turn over.
Another trader looked at Abigail adoringly and said, "President, it is so wise that you decisively stopped losses and shorted spot gold with your backhand!"
Previously, they lost $1.8 billion because they were long spot gold, and then they backhanded short spot gold, which is really correct, too wise, and too decisive!
Now there are 1 million lots of spot gold in the account, the average position is 1235.0, and the fluctuation of one point is a profit and loss of 10 million US dollars, and now there is a floating profit of 150 points, a total floating profit of 1.5 billion US dollars.
Another trader said excitedly: "President, we will definitely return to our capital this time!"
Although they lost $1.8 billion before, they believe that they will definitely make more than $2 billion this time!
Another trader gloated: "President, there was a sharp drop in spot gold just now, and it must be that those bulls in the market must not be able to bear it and cut the meat!"
"Haha, these fools know how to resist!"
"Now I know it's wrong!"
···
Abigail took a deep breath and said, "Don't be proud, keep holding!"
This time, he shorted spot gold at the 1240.0 position, which can be described as very dangerous, and he finally did the right thing!
Now following the general trend, like sailing with the current, he believes that he will definitely make more than $2 billion this time.
····
At this moment, in the Sky Capital Center, Lin Haocang watched spot gold plummet by another 100 points, refreshing a new low again.
The bulls in the market are in a crash!
He currently holds a short position of 2 million lots of spot gold in his account, with an average opening position of 1255.0, and a fluctuation of one point is a profit of $20 million. Just plummeted by 100 points, and he had an extra $2 billion in profit in his account.
Now there are 350 points floating in the account, a total floating profit of $7 billion, and the account equity is as high as $32 billion.
Lin Haocang wrenched his fingers, drank the coffee, and then got up and left the office.
···
At this moment, Gaosheng Bank's Jiangdao Branch, Li Zetai looked at the trend chart of spot gold in a panic!
Unexpectedly, spot gold actually fell by another 100 points.
It fell from the 1230.0 level to the 1220.0 level.
Constantly innovating lows!
Yesterday, spot gold plunged from the highest level of 1265.0 to the lowest level of 1235.0, with a maximum decline of 300 points.
Today, spot gold fell from the highest position of 1240.0 to the current position of 1220.0, and plummeted by another 200 points!
Now he holds a long position of 1 million lots of spot gold in his account, with an average position of 1240.0, and a fluctuation of one point is a profit and loss of $10 million, and now he has a floating loss of 200 points, a total floating loss of $2 billion.
"Why is this happening?"
"Why!"
"Labor and management hate it!"
“FUCK!”
He was very desperate and frightened in his heart, the beads of sweat on his forehead fell on the table, the whole person was trembling, and the clothes on his back were wet.
Li Zetai thought that yesterday when spot gold was in the 1265.0 position, his account was floating with 2.5 billion US dollars, when he firmly believed that spot gold would break through the 1265.0 position, and then soar to above the 1290.0 position, when he made 4 billion US dollars is not a problem, but he never imagined that after the spot gold rushed to the 1265.0 position, there was a continuous sharp fall, forming a double head!
Now the bearish trend has become a trend, and spot gold has fallen to the 1220.0 position.
He has a $2 billion deficit in his account, and withdrawing it now is undoubtedly tantamount to cutting off his thigh.
At present, he still has $2 billion of available funds in his account, Li Zetai gritted his teeth and decided to continue to fight to the end!
"Labor and management don't believe it, you can still fall by 200 points!" he stared at the computer screen, his eyes full of anger.
Time passed slowly, and spot gold was temporarily supported at 1220.0 and finally closed at 1223.0.
Li Zetai was tossed so hard that he couldn't sleep.
···
The next day, Wednesday, August 11, spot gold in Asia has been oscillating in the range of 30 points from 1220.0 to 1223.0.
After the opening of the European session, spot gold rose as high as 1227.0.
But by the evening, spot gold fell another 40 points to 1223.0.
Li Zetai's whole person was tormented, and he looked extremely haggard.
At 8 p.m., after the opening of the American market, spot gold began to fall again, falling 30 points in just 10 minutes to the 1220.0 level.
Although it is temporarily supported here, spot gold is very weak and may fall below the 1220.0 level at any time.
"Alas!"
Li Zetai sighed and was about to stop the loss, but at the moment of pressing the mouse, his hand seemed to be weak, and he refused to press it for a long time, and after a fierce psychological struggle, Li Zetai still retracted his hand.
"I still have $2 billion in available funds in my account, so what am I panicking about?"
"Don't panic!"
"Don't panic!"
"Isn't it true that labor and management don't believe that spot gold can fall to 1200.0?"
There are still $2 billion of available funds in the account, so that he still has the confidence to continue to resist in his heart, and he does not believe that spot gold can still fall.
····
Time passes by second,
At this time, an important economic data was released.
ADP employment in July (10,000 people)
Prior: 6
Expected: 12
Published value: 22.2
This economic data is greatly positive for the US dollar and bearish for spot gold.
Spot gold is like a thunderbolt!
The bulls in the market have collapsed again!
In just 15 minutes, spot gold fell by 150 points!
Drop from 1220.0 to 1205.0!
The 15-minute chart is a super long black candlestick!
Li Zetai looked at this scene, his face was extremely pale, and the whole person was stunned and motionless!
He has a floating loss of $3.5 billion in his account, and there is still $500 million in available funds, and if spot gold falls by another 50 points, his account will be blown up.
An hour later, spot gold still fell to the 1200.0 level!
"I've been fallen!"
"Please, don't fall!"
Li Zetai's whole person was desperate, like a boat in the waves of the sea, which could be drowned by the waves at any time!
Now he can only pray to God to let him go this time!
He swore he would never do it again!