219 Symmetry Investment Company closes its position, and a nap is a profit of $8 million
Lin Haocang listened to the words of Song Qi, Lei Hanwen, and Huang Tao, shook his head, and said disappreciatively: "Temporarily floating with a loss of 2 million US dollars, so what?"
"You three are short-sighted!"
Now Lin Haocang's account is floating with a loss of $2 million, which really makes him a little nervous!
Now his position is getting bigger and bigger, and this time he opened a short position of 10,000 lots of GBP/USD, which can already slightly affect the market!
It stands to reason that the highest position of GBP/USD today is 1.6677, but I didn't expect it to rise to 1.6680, there was a deviation of 3 points, and it was already very slow to open a position by myself, but I didn't expect that there was still a deviation of 3 points, which made Lin Haocang a little irritable.
His position is getting bigger and bigger, and the impact on the market is getting bigger and bigger, and now his [prediction function] can only predict the market trend of a single day, that is, predict the daily chart!
But you can't predict the weekly chart!
If you open a position of hundreds of thousands of hands, or millions of hands, it is really safe and safe to predict the weekly chart!
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Song Qi, Lei Hanwen, and Huang Tao listened to Lin Haocang's words, and suddenly laughed.
Song Qi sneered: "Lin Haocang, you kid is a dead duck with a hard mouth!"
Lei Hanwen also said contemptuously: "Lin Haocang, you don't cry when you don't see the coffin!"
Huang Tao also laughed and said: "The pound/dollar is now so strong, Lin Haocang, you have lost $2 million, you are still so bullish, today you are afraid that you will cry and faint in the toilet!"
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GBP/USD met resistance at 1.6680, fell 10 pips down and then found support at 1.6670.
Time passed slowly, and GBP/USD has been oscillating in the range of 10 points from 1.6670 to 1.6680.
Song Qi, Lei Hanwen, and Huang Tao are extremely greedy!
They are all convinced that they must make a lot of money today!
At noon, the three of them went to the high-end restaurant outside for a big meal!
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At noon, after Lin Haocang ate a bowl of pasta near Yingda Building, he withdrew another 40,000 yuan in cash, and there was no money in the bank.
"This money really has to be spent!" Shaking his head, Lin Haocang put the cash in his newly purchased Prada limited edition bag, and then returned to the rest area of the VIP trading hall and began to rest.
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At this moment, at the headquarters of Symmetry Investments in Jiangdao, Hu Xiaowei is staring at the GBP/USD chart!
Now GBP/USD is oscillating above the 1.6670 level!
Now they hold a long position of 1 million lots of GBP/USD in their account, with an average opening position of 1.6070, and a fluctuation of one point is a profit and loss of $10 million, and now they are floating by 600 points, with a total floating profit of $6 billion, and the account equity is as high as $9.5 billion.
Hu Xiaowei really wanted their hedge fund to break through the $10 billion mark, but now he hesitated!
With a floating profit of $6 billion, it's time to stop, and he feels that this bull run in GBP/USD has come to an end!
In order to keep more profits, Hu Xiaowei plans to retreat today!
Thinking of this, Hu Xiaowei instructed the traders below: "GBP/USD is now at the end of the crossbow!"
"Now let's start slowly closing the position at the high level!"
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When everyone heard this, they immediately came to their senses, you must know that there are 6 billion US dollars floating in the account, and everyone is a little uneasy, for fear that these profits will lose a lot!
Especially yesterday's GBP/USD fell sharply, which made everyone a little worried!
Now that the position has finally begun to be closed, everyone is very excited!
"Yes, Manager!"
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So they started to close their positions!
It's all a few thousand hands, ten thousand hands flat!
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But their liquidation made the GBP/USD, which was already at the end of the crossbow, immediately weak!
At the same time, it also triggered the liquidation of other bulls in the market!
Soon GBP/USD fell by 50 pips!
However, the traders of the symmetrical investment company only closed 300,000 lots!
Everyone looks at this scene and feels more and more wrong!
"Manager, there are very few buying orders in the market right now!"
"Manager, the market is fragile right now, and it's not conducive to us closing our positions!"
"Manager, it seems that the long orders in the market can't hedge our sell-off!"
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The eyes of the traders were also looking at Hu Xiaowei, waiting for his orders!
Now GBP/USD seems to be very fragile, and if they close their positions on a large scale, it will definitely cause GBP/USD to continue to fall sharply, and then the profits in their accounts will be much less!
Hu Xiaowei immediately shouted: "Continue to close the position!"
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"Yes!" So the crowd continued to close their positions, and soon they closed another 100,000, and the GBP/USD pair had fallen to the 1.6600 level!
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GBP/USD was also temporarily supported, so Hu Xiaowei immediately said: "Continue to close the position!"
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So everyone closed another 100,000 lots!
GBP/USD, with their unwinding, fell directly below the 1.6600 level and fell to the 1.6580 level!
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They just closed 500,000 lots, and then the GBP/USD, which had risen strongly, turned around and fell by 90 points!
Drop from 1.6670 to 1.6580!
Hu Xiaowei muttered: "GBP/USD is really the end of the crossbow, and many profitable bulls in the market have begun to close their positions!"
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One trader asked, "Manager, the market is already very fragile, can we continue to flat?"
"If you continue to close your position, GBP/USD will fall even more fiercely!"
Hu Xiaowei thought for a while and said: "Wait a while, the pound/dollar has fallen so many points, there must be a lot of short-term bulls entering the market to buy the bottom, and then we will let these short-term retail investors take over!"
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The trader's eyes lit up, a big man like Hu Xiaowei has a different vision, and he is very accurate to the retail investors!
Sure enough, at 1.6580, many retail investors entered the market to go long GBP/USD, so GBP/USD was supported at 1.6580!
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Hu Xiaowei had a smile on his face and instructed the traders: "Let's wait, wait for more retail investors to enter the market to buy the bottom of GBP/USD, and then we will continue to close the position and let them take over the high position for us!"
"Yes, manager!" the many traders were excited!
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At this moment, Yingda Securities Company, in the rest area, Lin Haocang opened his eyes, and then returned to his trading table, at this time, Si Xiance said to himself excitedly: "Haha, the pound/dollar has finally turned around and fallen!"
"This is the death of Song Qi, Lei Hanwen, and Huang Tao's three little rabbit cubs!"
Now Si Xiance holds a short position of 1,000 hands of GBP/USD in his account, and the position is opened at 1.6650, and a fluctuation of one point is a profit and loss of $10,000, and now there is a floating profit of 70 points, with a total floating profit of $700,000!
From a floating loss of $300,000 to a current floating profit of $700,000, Si Xiance is very excited!
Song Qi, Lei Hanwen, and Huang Tao's three little rabbit cubs are still happily eating lunch outside, and they haven't come back yet!
They certainly wouldn't have thought that GBP/USD would have turned around and fallen by 90 pips during this period!
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Lin Haocang looked at the GBP/USD chart at this time, and a smile appeared on his face!
"Song Qi, Lei Hanwen, Huang Tao, these three idiots, when they come back from dinner, they are estimated to cry to death, haha!"
Now Lin Haocang holds a short position of 10,000 hands of GBP/USD in his account, and the position is 1.6660, and a fluctuation of one point is a profit and loss of $100,000, and now there is a floating profit of 80 points, with a total floating profit of $8 million!
The account equity is as high as $28 million!
"Hey, I didn't expect to have a profit of $8 million in the account after taking a nap!"
"It's kind of like pie in the sky!"
Immediately, Lin Hao went to get a glass of juice, then leaned back on the seat and tasted it slowly.
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Si Xiance listened to Lin Haocang's words, and suddenly felt extremely jealous in his heart!
Lin Haocang's sub-account has a floating profit of $8 million!
In the morning, when Lin Haocang said that he was short 10,000 hands of GBP/USD, he was very disdainful in his heart, and felt that Lin Haocang's gambling nature was too heavy, and he actually wanted to place an order of 10,000 hands!
Oh my God, that's too heavy!
A fluctuation of one point is a profit or loss of $100,000, whose heart can stand it?
He can't stand it anyway!
Previously, the GBP/USD broke through the 1.6650 position and rose all the way until the 1.6680 position, which really scared him to death at that time, but he was also willing to watch Lin Haocang lose two million dollars in his account, after all, Lin Haocang lost so much money, which gave him a great sense of balance in his heart!
But now he can't balance it at all in his heart, because he has a floating profit of $700,000 in his account, and Lin Haocang has a floating profit of $8 million in his account, and the profit is more than ten times that of him!
He really regretted that he had only shorted 1,000 lots of GBP/USD this morning!
If he shorted 3,000 lots, he would now have a floating profit of $2 million!
"Alas, I don't want to think so much!"
"I'll take it when I'm good later!"
After thinking about it, Si Xiance said to Lin Haocang: "Congratulations Lin Haocang, there is a floating profit of 8 million US dollars in the account!"
"When are you going to close the position?" he desperately wanted to know Lin Haocang's plan!
After all, the pound/dollar suddenly turned around and fell by 90 points, and it would suddenly rise sharply, and then the profits in his account shrank in a large area, which made Si Xiance feel a little inexplicably worried in his heart, he couldn't make up his mind, and wanted to hear Lin Haocang's thoughts.
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Lin Haocang looked at Si Xiance's appearance, knowing that he had made a little money, so he thought about retreating, since Si Xiance had the idea of retreating, Lin Haocang still wished he would make less money, so he smiled and said: "Come on! The pound/dollar has fallen so much, and the possibility of further falls is very small!"
Si Xiance, an old boy, is also a little flustered when making money, worried that the GBP/USD will suddenly rise again, causing the profits in his account to decrease or disappear!
Since this was the case, Lin Haocang magnified the worry in his heart.
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When Si Xiance heard this, he suddenly became more and more worried in his heart, afraid that his profits would be lost on a large scale!