More than a month has passed, and it has entered August, and the weather seems to be very hot. Pen, fun, and www.biquge.info

Recently, Zhang Wei has really studied hard every day, of course, the books he reads when he is at home are self-taught financial management knowledge.

Morning.

When he went out, Zhang Wei took a second-class car, Chen Yingying's mother's Porsche, it felt really good, and he was thinking about whether he should add a car.

Hometown flavor downstairs.

Zhang Wei saw a new Mercedes-Benz S600 as soon as he came, he couldn't help but cast a look of envy, this car is now down to three million, although his family can afford it, but he really never thought of buying such an expensive car.

Go up.

Walking in, Zhang Wei saw that the business was good, with an eighty percent attendance rate, and at this time his mother was hurrying out with a satchel, and he hurriedly shouted, "Mom, what are you doing here?"

Cheng Lin stopped, "You're here?" Ouch, I forgot to pick you up with my memory. She looked a little annoyed, "I'll go to see the two stores again, and now the seven hometowns are developing well, and I am ready to open two more." ”

Zhang Wei immediately called poor, "Mom, there is no money, there is really no money, I still have 10 million US dollars in Citibank." ”

Cheng Lin gave him a blank look, "Who wants to touch Citibank's money, you are a fake in my seven hometowns, and you make more than one million a month!"

Zhang Wei sighed and asked weakly: "Hometown flavor is so profitable?" He was busy contracting land some time ago, and he worked hard to learn by himself during this time, and he didn't care about the development of hometown flavor at all.

"Of course, you don't look at who your mother is. Cheng Lin was a little proud and looked at her watch, "I won't tell you more, I'll look at the store." ”

"Wait, will you take a taxi?" Zhang Wei grabbed his mother again, "The car is driving to the countryside for Dad, and the rice harvest has been in the past two days, and it is estimated that he will not be able to come back for a while." ”

"What kind of car? I bought a new car, didn't your dad drive my Audi all day long? I bought a Mercedes-Benz and him off, and this time I don't want to drive my Mercedes-Benz again. Cheng Lin snorted, and then stepped on his high heels and walked away.

Zhang Wei was stunned, the Mercedes-Benz S600 below was bought by his mother, and when he reacted and wanted to ask clearly, Cheng Lin had already run away and disappeared, he hurriedly ran to the window to take a look, and really found that his mother was on the S600, he beat his chest and slammed his feet, the mother of the loser!

Just as he wanted to chase down, Zhang Aiguo appeared at the door.

"Dad, why are you back?Didn't you go to preside over the harvest?" Zhang Wei asked curiously.

Zhang Aiguo took two breaths in a row, ignored Zhang Wei, and ran directly to the counter and asked, "Xiaoli, where is the boss? ”

Zhang Wei suddenly understood, how could his mother's stingy character be willing to buy a luxury car of three million just now, it turned out that this car was bought by his father, this is possible, his father's identity is different now, and it is indeed a bit cheaper to drive an Audi out, even Chu Zhonglin bought a BMW.

Xiao Li in the counter pointed outside and said, "The proprietress just went out to look at the storefront, and it seems that she drove your new car." ”

Zhang Aiguo was stunned for a moment, and then said anxiously: "Why is Cheng Lin like this? Won't I just buy a Mercedes-Benz? Turning around, his face was sad, "Xiaowei, what do you say Dad should do?"

Zhang Wei was inexplicable, "What to do?"

"A friend of mine was released from prison this afternoon and said that he would drive a Mercedes-Benz to pick him up, but now the car is driven away by your mother?" Zhang Aiguo was very annoyed.

"Drive an Audi to the same. Zhang Wei said as he walked to the counter.

Zhang Aiguo grabbed him, "Later, you and I will go with you to pick up my friend." ”

"Dad, let it go, how embarrassing it is for so many people to look at. Zhang Wei looked helpless.

Xiaoli and a few waitresses were already pursed and laughing.

"Don't be ashamed, don't be ashamed, you've been wanting to see this person for a long time. Zhang Aiguo said mysteriously.

Want to see each other for a long time?

Zhang Wei was puzzled, and then a person popped up in his mind, could it be the cellmate who his father said to be a trader? He immediately showed a happy look, "Dad, you mean that trader?"

"Yes, it's Zheng Wen. Zhang Aiguo said.

Zhang Wei directly grabbed his father's hand and couldn't wait to say, "Let's go, we'll pick him up now." "He attaches great importance to this person, and in another ten months will be the Asian financial crisis, he doesn't understand the method of speculating in foreign exchange at all, this Zheng Wen is a trader, he must be proficient in foreign exchange speculation, and he must keep people, he told his father before that this person is very important, no wonder his father attached great importance to buying Mercedes-Benz S600, it turned out to be to prove to Zheng Wen to see his own economic strength!

……

One o'clock in the afternoon.

The father and son came to wait outside the prison, because the Mercedes-Benz was driven away by Cheng Lin, and the two could only drive an Audi over.

In the car.

Zhang Wei sat in the passenger seat, turned around and said, "Dad, why hasn't he come out yet." ”

Zhang Aiguo looked helpless, "You've asked more than a dozen times, wait, you should be coming out soon." ”

Zhang Wei is anxious, he wants to see Zheng Wen very much, and wants to know how to operate the next Thai baht, which is related to whether his family can become an international billionaire, for the inevitable financial storm in 97, he has no ability to stop it, he can only snatch food from the hands of Soros, and he can grab a little is a little bit.

Time passed minute by minute, and two or three people had been released from prison after completing their sentences, but none of them were Zheng Wen.

Finally, the prison door opened again.

Zhang Wei was disappointed several times and was too lazy to look at it.

"Zheng Wen!" Zhang Aiguo suddenly shouted and opened the car door directly.

Zhang Wei hurriedly looked back, and a thin man with thin eyes appeared at the prison gate with luggage, and he quickly got out of the car.

Father and son trotted all the way.

"Brother Zhang!" Zheng Wen shouted happily from afar, and also quickened his pace, and after approaching, he hugged Zhang Aiguo fiercely, and said excitedly: "I didn't expect Brother Zhang to really pick me up!"

Zhang Aiguo patted him on the back and said loudly: "Good brother, it's good to come out, go, get in the car!"

Zhang Wei followed behind the two who were talking and laughing, but he was thinking about how to ask Zheng Wen about foreign exchange speculation.

Got in the car.

Zhang Wei did not sit in the passenger seat, but sat in the back with Zheng Wen, and Zhang Aiguo started the car.

The car started.

Zheng Wen half-jokingly said: "Brother Zhang, you still said that when I was released from prison and drove a Mercedes-Benz, why did you only drive an Audi over?"

Zhang Aiguo put the steering wheel and sighed, "Don't say it, my wife and I drove away the newly bought Mercedes-Benz in anger." ”

"Huh?" Zheng Wen looked surprised, "You really bought a Mercedes-Benz?"

Zhang Wei said with a smile: "Isn't it? My father specially ordered a Mercedes-Benz S600 for your uncle to get out of prison, and he also said that he would drive it for you in the future." He made this up blindly, Zhang Aiguo never said such a thing, the reason why he said such a thing was to win over Zheng Wen and express his family's importance to Zheng Wen.

Sure enough, Zheng Wen was flattered when he heard this, and hurriedly shook his hand and said: "I can't help it, I have received Brother Zhang's wishes, and as for the Mercedes-Benz, forget it." ”

The three of them laughed and talked in the car for a while, and then fell silent for a while.

Taking advantage of this time, Zhang Wei asked, "Uncle Zheng, I heard that you used to be a trader?"

"yes. Zheng Wendao.

Zhang Aiguo glanced at Zhang Wei through the mirror and did not speak.

Zhang Wei moved his buttocks, sat closer to Zheng Wen, and asked, "Then you must be very proficient in foreign exchange speculation, right?"

"Okay, what's wrong?" Zheng Wenhu looked at him suspiciously.

"Not much, not much. Zhang Wei said with a smile: "I'm just interested in foreign exchange speculation, and I want to ask how to speculate on foreign exchange?"

Zhang Aiguo turned his head to look, turned back again, and still didn't speak.

"Speculation on foreign exchange?" Speaking of professional knowledge, Zheng Wen immediately sat up straight, and said: "To be precise, it should be called foreign exchange trading, there are a total of seven foreign exchange trading methods, namely spot trading, forward trading, arbitrage trading, arbitrage trading, swap trading, foreign exchange futures and foreign exchange options trading, I don't know which one you are referring to?"

Zhang Wei's eyes darkened when he heard this, he had always thought that there was only one kind of foreign exchange speculation, but he didn't expect it to be divided into seven kinds, now he was a little dumbfounded, so he had to ask: "How do these seven kinds operate?"

"Xiao Zheng, talk to my son. Zhang Aiguo didn't look back and said.

"Good. Zheng Wen said without hesitation: "Spot transaction is a foreign exchange transaction between the two parties agreed to be handled within two business days after the transaction, and forward transaction refers to the foreign exchange transaction method that is not delivered after the transaction and is delivered at the agreed time according to the contract...... In foreign exchange options trading, the option buyer obtains a right after paying the corresponding option premium to the option seller, that is, after paying a certain amount of option premium, the option buyer has the right to buy and sell the agreed currency at the agreed expiration date according to the agreed exchange rate and amount agreed by both parties in advance, and the buyer of the right also has the right not to execute the above sale and purchase contract. ”

Zhang Wei was confused, he really didn't know which kind of foreign exchange trading should be chosen to short the Thai baht, in his memory, it seems that at the beginning of 97 years, international speculative capital began to launch a continuous attack on the Thai baht, until July 2, 97, the Thai baht directly gave up the fixed exchange rate, and finally caused a financial turmoil throughout Asia.

After organizing his words, Zhang Wei asked tentatively: "For example, if I want to short a currency with a leverage of 1,000 times, and this period may be as long as six or seven months, what kind of foreign exchange trading method should I choose?"

"Yo, you know a thousand times leverage?" Zheng Wen smiled.

Zhang Aiguo laughed and said: "Don't underestimate my kid, he is smart, even the deputy... Well, you just say he listens. ”

"Then let me tell you. Zheng Wen nodded.

The red light in front of me was up, and the car stopped temporarily.

Zhang Wei looked at Zheng Wen, "Uncle, tell me quickly." ”

"The most suitable situation for you is forward forex trading. Zheng Wen gushed on, "It's just that the 1,000 times leverage you said is quite unfavorable for forward foreign exchange transactions, leverage is the reciprocal of the margin ratio, after paying the margin, the property right of this batch of goods is completely yours, then you must accept the market price fluctuations of the whole batch of goods, for example, you need to pay 10% of the margin, then the leverage is 10, if you need to pay 1% of the margin, then the leverage ratio is 100." ”

Zhang Wei hurriedly asked: "I know this, how is it disadvantageous?"

The red light passed, and the car started.

"Don't worry, listen to me. Zheng Wen shook his hand, "Take buying a long order as an example, if the price rises, you have a profit from the price increase of the whole batch of goods, and if the price falls, you bear the loss of the price of the whole batch of goods." If the loss exceeds the amount of margin you paid before, and you do not pay additional margin, the trading market will force you to sell your goods, the so-called liquidation, the lower the margin ratio, the higher the leverage. The same amount of funds can buy more goods, the impact of market price fluctuations is naturally greater, the risk is higher, if you choose to short the forward, if the currency rises all the way, then you need to keep replenishing the position, otherwise it will really be lost. ”

Zhang Wei is very aware of the continuous decline of the Thai baht, so he is not too worried about this at all, and he put forward a hypothesis, "If I have 10 million US dollars and choose to short a currency with 1,000 times leverage, how much margin do I need to pay?"

Zhang Aiguo was startled, and hurriedly turned around and said, "Xiaowei, do you want to use more than 10 million US dollars in Citibank to buy foreign exchange?"

"Dad, don't worry, I'm just asking. Zhang Wei relieved his father, turned his head to look at Zheng Wen, and said, "Uncle, tell me about it?"

Zheng Wen frowned and looked at Zhang Aiguo, and found that Zhang Aiguo didn't speak, he said: "Simply put, leverage is financing is borrowing money, you don't have so much money to speculate and borrow money from market makers, the principal is used as collateral, once the floating loss exceeds the principal, it is a liquidation, so if you speculate on foreign exchange with 10 million US dollars, you can directly choose to short a currency with a thousand times leverage, and if you realize the profit, of course, it is also huge." ”

Zhang Wei seems to understand a little, he began to think about it, 10 million US dollars if a thousand times leverage, then the funds that can be operated can reach 10 billion US dollars, as for the Thai baht to the US knife depreciation of how much he does not know, assuming that the depreciation is 10 percent, then he can make a profit of 1 billion US dollars, of course, there must be some other fees to pay, not in consideration for the time being, now to consider the money to close the position, it must not be less than 10 million US dollars, otherwise in the process of forward foreign exchange trading will be burst and cry without tears。

Who knows, at this time, Zheng Wen said again, "Generally speaking, few trading institutions have a thousand times leverage, and normally speaking, it is generally one to a hundred times." ”

"Ah?" Zhang Wei was a little disappointed, and then he thought, if he is 100 times leveraged, 10 million US dollars can also be used for one billion US dollars in trading operations, but he is not satisfied with these, if the Thai baht is only 10% depreciated by the US knife, then he can only earn 100 million US dollars, as soon as he thought of this, he made up his mind, he must make another 10 million US dollars before speculating in foreign exchange, at least, at least 200 million US dollars in profits, this is the bottom line in his heart, the task is arduous, there is only a long time left! )