Chapter 269: Codename: Thanksgiving!
“。。。 Indeed, as concerns about European debt rise, negative news about the euro has also emerged, providing numerous reasons to short the euro. However, judging from the overall market reaction, shorting the euro is not the only "voice", there are still many bullish views on the euro, and I think we need to be cautious in the choice of leverage. ”
In the conference room, as everyone began to discuss and various opinions appeared, Arthur did not rush to make a decision, but listened carefully to everyone's suggestions.
After all, the purpose of his establishment of an investment company and a team of investment and financial advisors is to escort his various investments in a financial field that he does not understand, brainstorming, and only in arguments can the best ideas and decisions be born.
As Gilbert's Law says, "The real danger is that no one tells you about it." ”
Arthur's biggest advantage is that he is self-aware, knowing that he has a few pounds and a few taels, if he wants to be successful all the time, then he must make full use of his talents.
And he can't guarantee that he will always be wise, so he has to choose the best plan from the suggestions of many subordinates. Be a humble person and tolerate others saying that you are not, this is the thinking of a strong man.
"If there really is a European debt crisis that sweeps the whole of Europe, as we expected, I personally think that if the whole process is 100 percent, it is difficult to say whether it has reached 10 percent now, and now the market has expected 30 to 40 percent of the probability of a Greek default, so his bond yield is very high.
Although there is no central ZF in Europe, he is still a group of people who discuss problems, but he uses the same currency.
What is the difference between the motivation and quality of work of the Germans and the Italians and the Greeks? I think I don't need to say much about this, everyone should also understand that I have been to Greece and Italy, the Greeks have lunch at 2 o'clock in the afternoon, eat until almost 3 o'clock, finish at 9 o'clock in the evening, eat until 11 o'clock, go to work at 10 o'clock the next morning, and have lunch soon after a few hours of work...
The richest people in the area are all Asians, they all drive BMW Mercedes, and the locals drive the same cars as Dacia (the cheapest car in the UK), why?
Because the degree of diligence is so different, one-third of the villas on the outskirts of Florence are Asian, because the labor efficiency of one Asian is equivalent to eight natives. Of course, there are some problems with shui, but it is true that the work efficiency is very different. You say that in such a country, its currency is the same as the German currency, and there is an inherent problem here.
If the situation is that Germany spends more and spends more, and Greece spends less and spends less, then everything is fine. But they are all open to spending now, so the problem of the European debt crisis, I think this is just the beginning, and there may be more problems that will be exposed later. If you want to do Forex, I highly recommend shorting the euro!"
"I think the probability of Greece's default is very high, and maybe they may even use the exit from the eurozone as a threat, don't forget, now Greece's xuanqing, those who play ZZ, may not be the same as the Agenting back then, playing scoundrels, once they choose this path, then the risk of euro depreciation will be more serious!"
"You can take a look at the report ... The report shows that since the debt crisis in Greece, hedge funds have not only shorted the euro, but also favored shorting the pound and buying the riyuan. In commodities, hedge funds tend to short natural gas and long crude oil... ”
"If the European economy doesn't improve, it's going to be hard to make money from the stock market, central banks are going to print more money, so it's just a matter of seeing who depreciates more, and the best investment is to hold real assets... ”
ARTHUR GOT A LOT OF CONFIRMATION FROM THE FRANK WORDS OF THE ELITES UNDER HIS COMMAND, AND THOSE MEMORIES OF INTERNATIONAL FINANCE IN HIS PREVIOUS LIFE WERE NOT KNOWN BY HIMSELF, AND HE COULD EASILY RELY ON THEM TO MAKE MONEY.
The specific situation still needs to be analyzed on a case-by-case basis, and a professional is required to make a specific C work, and the only thing he can use is to rely on those memories, combined with many realistic suggestions, to make the most correct choice.
However, this time, everyone has reached a consensus on the idea of shorting the euro in the European debt crisis, and the focus of the debate is whether the plan to short the euro is conservative or radical?
As the argument died down, the conference room became quiet, and everyone's eyes were focused on Arthur, and no matter how hard they argued, it was the young boss who finally made the decision.
"Let's choose the most suitable leverage, I believe that this kind of capital size is enough. Arthur finally decided.
You know, at the beginning of the foreign exchange margin 100 times the leverage is the most common, because when people choose the platform, the platform defaults to 100 leverage, his disadvantage is to occupy more margin, such as at present, open 100 times the leverage on a platform, $500 account, then buy 0.1 hands of euros, the margin occupied is about 145 US dollars, then, at this time, the available margin is 355 US dollars, when the trend of the euro is contrary to the trend judged by the customer itself, or the market impact is larger, up and down two or three hundred points, then it will be liquidated.
Because of this, many people are starting to turn to the model of 200x leverage or even higher.
People with trading experience in the market will choose 200 times leverage, 200 times leverage is the most suitable in foreign exchange margin trading, it occupies less margin, and investors have greater ability to resist risks when trading. Of course, the ability to resist risk is for cases where there are no large spreads and no commissions.
Although there is also a leverage of 400 times, the higher the leverage, the greater the loss you will face.
However, a speculator like Arthur, who invests a large amount of 200 million US dollars at a time, can only choose some commercial banks or large investment companies that provide foreign exchange margin trading to open an account, such as Citigroup, Huifeng, etc., so as to ensure the complete safety of large funds. The downside is that the leverage is low and the spreads are wider.
The foreign exchange market is changing rapidly, sometimes good news enters the market, the market is not only not good, but falls, no one can guarantee that it will be able to make money, after all, speculation in foreign exchange, the risk of being affected by external factors is too great.
Therefore, before entering the market, you must not only have a target price in mind and close the position when you arrive, but also be sure to set a stop loss point, reach the stop loss point, speed stop loss, and leave the market.
The most important thing in speculating in foreign exchange is to see the wind make the rudder, and make a decision immediately, it is not the same as buying stocks, feeling that it will rise, and throwing it aside after buying, patiently waiting for it to rise, and then selling it after a while.
If this is the way to speculate on foreign exchange, then there is really not enough money to blow up!
Later, after determining the target price and setting the stop loss point, Arthur asked Smith Jama to select a few members to form a foreign exchange team, which was responsible for shorting the euro.
In Arthur's somewhat nervous and worried mood, this foreign exchange group, on the afternoon of November 26, officially placed an order to short the euro.
And this day is Thanksgiving Day in the United States, although Britain is completely insulated from this holiday, but it does not prevent Arthur from feeling that the meaning is good, the bald eagles founded the country by plundering the natives, and now shed crocodile tears, thanksgiving.
Arthur also hopes that his plunder will also succeed this time, and he will be grateful in the future...