1125 The stupidest person in the world, chosen by chance
At this moment, Malaysia, Kuala Lumpur, Affin Bank, and Kamaru were silent, and looked at the trend chart of spot gold in shock!
His eyes were full of incredulity!
I never expected that the economic data of the United States was so good, which was bearish for spot gold, and then spot gold plummeted by 85 points in one minute!
It's unimaginable!!
He felt like he didn't have enough brains!
"How is it possible??? I was specifically placing orders before!"
He had placed a long order of 200,000 lots of spot gold at the 1300. position!
In order to resist the bears in the market when the U.S. economy is bearish on spot gold, take the opportunity to launch a powerful offensive!
As long as the spot gold falls to the 1300.0 position, then the long order of 200,000 lots of spot gold will be executed immediately, and then the spot gold will be supported!
But the problem is that spot gold only paused at the 1300.0 level for a few seconds, and then it went on a rampage out of control!
It actually fell directly to the 1292.5 position!
"How is this possible??"
"Why is this happening?"
"Why!!"
"I can't figure it out!"
"Did I ??? the execution of these 200,000 pending orders?"
Thinking of this, Kamaru yelled at the assistant on the side, "What's going on?"
"Why don't our pending orders be executed !!"
He is now full of doubts that the 200,000 long orders he placed at the 1300.0 position have not been executed!
At this moment, the assistant opened his mouth and looked at the 5-minute trend chart of spot gold dumbfounded, and his body couldn't help but tremble!
The eyes are glazed!
It doesn't seem to have come to my senses!
It's exactly like a short circuit in the head!
At this time, Kamaru shouted again: "What's the matter? Is the 200,000 long order at the 1300.0 position executed?"
At this time, the assistant immediately reacted, then ran to check it, and said in a panic: "President, all the long orders of 200,000 lots of spot gold we hung at the 1300.0 position have been eaten!!"
"Our 200,000 pending orders were eaten up in an instant!"
Speaking of which, the assistant is like a frightened bird!
When Kamaru heard this, he was immediately dumbfounded!
There are huge waves in my heart!
Fear!
He said anxiously: "200,000 pending orders were eaten up in an instant??"
"The long order of 200,000 lots of spot gold failed to support spot gold for more than 5 seconds under the execution of the situation?"
The assistant looked panicked and said, "Yes, president!" As he said that, he looked at the trend chart of spot gold again, and was suddenly frightened!
He was panicked and stammered: "This, this, this, the selling orders pouring out at the 1300.0 position are too terrifying!"
"Directly smashed the spot gold!"
After Kamaru heard this, he suddenly felt terrified, large beads of sweat appeared on his forehead, and cold sweat broke out on his back!
The body is shaking!
His face turned even redder!
The fear and anxiety in my heart grew!!
"Tonight the bears took the opportunity to launch a general offensive!
"Defeated the last bastion of the bulls in one fell swoop!"
"Hiss !!"
"How can I be so stupid!!"
"Why am I so stupid, I'm crazy to buy the bottom at 1300.0!!"
"I actually bought a long position of 2 million lots near the 1300.0 level!!"
"Ah!! 1300.0 position is not the bottom of spot gold at all!!
"Why am I so stupid to buy the bottom at 1300.0!!"
"Why!!"
Now Kamaru feels like the stupidest person in the world!
Previously, he had been waiting for the opportunity to buy spot gold!
When he saw that spot gold was falling all the way, he couldn't help but not buy the bottom!
Until spot gold fell to 1300.0, he felt that his opportunity to buy the bottom had come!
After all, spot gold fell from the highest position of 1400.0 to 1300.0, a full 1000 points!
And the 1300.0 level is a key technical support level!
He thought that the 1300.0 position was definitely the lowest point of spot gold this year, but he never imagined that spot gold completely fell below the 1300.0 position tonight!
There was an inhumane plunge!
If it weren't for the 200,000 long orders he had placed at the 1300.0 position before, spot gold might have plummeted before
More than 100 points!
Thinking of this, he not only gasped a few cold breaths!
He now felt like he had fallen naked into a pool full of crocodiles!
The crocodiles were slowly swimming towards him with their mouths wide open!
Suddenly, he asked in a frightened manner, "How is the account situation now?" Now he is most concerned about the situation in their account!
Oh my God, they actually opened a long position of 2 million lots near the 1300.0 level!
The assistant hurriedly ran to confirm it, and then hurriedly returned, and said in shock: "President, we have a loss of $1.7 billion in our account now!"
Their 2 million lots of spot gold long orders opened an average position at 1301.0, with a fluctuation of $20 million, and a current loss of 85 points, totaling $1.7 billion!
Thinking of this, the assistant said nervously: "President, what should we do now?"
When Kamaru heard this, he suddenly lost his soul!
What should I do now?
Cut positions decisively and stop losses?
Or do you continue to resist?
This is a question worth pondering!
If you close the position yourself, then it may lead to a further sharp drop in spot gold!
If you don't close the position, spot gold may also continue to fall!
In case you close the position, spot gold will rebound and rise!
After all, if those profitable shorts in the market close their positions and leave, they will make spot gold rebound and rise!
"Well, I'd better wait!"
"What if those bears start to close their positions and leave the market!"
"At that time, spot gold will also rise a lot because of the liquidation and departure of these shorts!"
"It's not too late for me to stop my losses when spot gold is rebounding!"
"This will also reduce some losses!"
Thinking of this, Camarou took a deep breath and said, "Let's resist first!" Now he can only choose this, after all, today is the last trading day of the week, and he wants to try to get through it!
After all, he didn't want to close his own position and cause spot gold to fall further, and then those shorts would also close their positions, and then their long liquidation orders would just hedge with those short liquidation orders!
That would be a great loss, and let the bears take advantage of it in vain!
And their losses will be even greater!
It is possible to lose at least $2 billion or more!
If he really lost so much, he would be doomed!
At this moment, Camarou still has a fluke mentality in his heart, after all, the market is also ever-changing, isn't it?
The assistant hurriedly said: "Yes, president!" Please use the latest domain name to read books on this site