Chapter 383: Market Psychology

In foreign exchange trading, if you are not a large institution and only trade with platform customers as the main body, it is not difficult to understand the way.

First of all, a contract is $100,000, and the leverage can be made by yourself, for example, if the customer has $2,000 and buys a contract with 100 times leverage, one percent of 100,000 is $1,000, and the platform first transfers $1,000 of the occupied funds from the customer's account, and then if it loses 1%, that is, the remaining $1,000 is lost, the platform system will directly force the customer to close the position.

Buying one USD/CNY is actually bullish...... RMB, sell a RMB/USD, that is also obvious, it is bullish RMB.

Let's calculate the money again, Wang Nuo's RMB against the US dollar when he entered the market was around 6.87, counting the spread, his position was 6.8731, and the platform directly took 100,000 US dollars to convert, then it was 687,310 yuan for a contract, 3,436.55 yuan under 200 times leverage, and 6,873,100 yuan for 2,000 contracts.

The occupied funds are more than 6.87 million yuan, and the remaining funds are also more than 20 million, and the RMB depreciates by 0.5%, Wang Nuo will lose 6.87 million yuan, a decrease of 1%, and Wang Nuo will lose less than 13.75 million yuan, and a depreciation of 1.5% is ...... Forced liquidation.

Let's take a look at the volatility of the foreign exchange market.

Outsiders always think that the foreign exchange market does not fluctuate much, and it swings around the whole day at tens of basis points, and hundreds of basis points are considered big shocks, but in fact, ...... A lot of times the forex market is so volatile.

1.5% of the space, people in the industry feel that it is sufficient, but they have picked 200 times the leverage...... You're going to heaven.

Calculate the profit and loss margin represented by each basis point, and you can get the answer of 20,000 yuan, which is ...... The stakes are indeed enormous.

What Qin Jiyong didn't know was that Ye Yaohua and Yuan Rongxin were very calm.

I lost 6.87 million yuan, and for my king, it is already very self-controlled, and you don't see that he has briefly touched the critical point of full positions many times when speculating in commodity futures.

Setting aside 1.5% of the space in the foreign exchange market is simply terrifyingly self-controlling.

"Under the premise of financial stability, I don't believe that the RMB has 1.5% room for depreciation, and besides, ......" Wang Nuo set aside this space, which was considered, but he also arranged it according to the current situation, if the market moves, he also has to move, because ......

"It's certainly not going to break 7. Wang Nuo's point of view is clear.

Even the views of financial speculators are very clear, and they are shouting that the yuan will break 7 in the new year, but last year...... Shout too.

Wang Nuo thinks that he can't break 7 anyway, leaving 1.5% of the space, if he moves towards 7, he dares to increase his position, and he dares to increase his position, the former represents the opening of space, and the latter represents the determination of the trend.

Under the premise of the stability of the domestic financial market, this way of trading is actually ...... Relatively risk-free.

"I don't have a complete grasp of how the forex market works. In the investment company, Ye Yaohua was very depressed.

Speculating in stocks and domestic futures, Ye Yaohua is confident, he really has no corresponding experience in speculating in foreign exchange, give two or three million, he may be able to hold it, give two or thirty million, he will not dare to pack a ticket.

"I can only be sure that there is no bad news on the domestic strategic side, and the signals in the international market are ......" Yuan Rongxin was also confused: "I'm not sure." ”

"Judging from the data, its support is too strong, it doesn't have to go down, and it has been hovering around 6.87 for so long, I always feel ......" Wang Nuo had a thought in his mind: "It's a little weird." ”

does not rush to 7, and does not go down, although there is the support of the dollar, but ...... The dollar can't hold on.

Wang Nuo can't understand all the information, but he can't understand it thoroughly, through the operation of variables and determinants, the concept formed in his mind is still clear, that is...... It can't be high, it can only be low.

Once the exchange rate figure of RMB/USD is low, it means that the RMB will appreciate.

In the early stage of the depreciation, instability was an important reason, but now China's financial market has clearly told the outside world that it is more stable than expected.

If nothing happens, it's a good thing.

Since nothing happened, the depreciation in the early stage will have to be withdrawn, and China on the economic side already has the need to make the currency appreciate, and the policy side will not let the exchange rate rush 7.

Therefore, the key problems are external and internal, if the external changes, the internal will be unstable, and if the internal is stable, it means that the external factors do not have a big impact, and the problem will come back...... You're unstable.

Wang Nuo's point of view is as steady as an old dog.

On the 4th, the amplitude of the Shanghai and Shenzhen stock markets was less than 0.5%, and the market before the Spring Festival was said to be at all the trend of starting at all.

The big news that popped up from time to time some time ago has also begun to disappear for a period of time, and the mainstream voice in the financial world has begun to look back on last year and look forward to this year, and then a very clear point of view has been revealed: correction.

Correction of the data of the domestic market, correction of the commodity price index and so on, the final impact is the number of the exchange rate.

It seems that after a year, China's economy has changed from a combination of unstable factors to a comprehensive existence with a stable trend, and the official endured for nearly a year, endured the doubts of the international market for a full year, and finally let the RMB assets appear "stable" at the dawn.

This is not a simple economic issue, but a combination of economic, political, military and other fields, looking at the world, the most stable is China.

"Stability is temporary, shock is eternal. "Tyrone Financial Research Institute, Qin Jiyong still has a disoptimistic attitude.

Maybe one day can stabilize, but the market is always volatile, there is a 1% probability of a big earthquake every day, 30 days add up to 30%, a big earthquake will lead to the abandonment of the previous efforts, causing a chain reaction, who dares to bet?

Unless...... The power of recognition and appreciation is far greater than the power of hope for depreciation, this is the opportunity that Qin Jiyong found for Wang Nuo.

In the financial market, volatility is an eternal melody, and if you want to keep it from violently turbulent, it will only be possible when the capital forces with the same idea are extremely strong.

In retrospect, this is still a game of market psychology.

No information is the best news, and this is what Wang Nuo hopes and thinks will happen.

How can there be no information in the market, this is where Qin Jiyong thinks the risk lies.

Ye Yaohua and Yuan Rongxin also knew the key point, because they had long been prepared to be afraid every day, but ...... I didn't expect that this kind of fearful days would last so long.

In the first half of January, when the market was as stable as an old dog, the Chinese government was sharpening its knives and was about to see who dared to oppose it, but suddenly found that it was ...... Nima's allies are a bit numerous.

Even if there is a small wave, it will be extinguished immediately, this is the situation, reflected in the market, that is, a little optimistic about the depreciation of the renminbi appeared, and it was immediately eaten, and then ...... The weirdness continues.

After grasping the frequency of the countless hooligans played by China's central bank and various financial institutions, the market seems to understand...... When a world-ranked organization wants to play hooligan, you can't stop it, so everyone can cooperate, anyway...... You can make money too.

Qin Jiyong was dumbfounded, Ying Zhexiu was also dumbfounded, and Ye Yaohua and Yuan Rongxin also felt that things were a little weird.

The stock market has given an amplitude of less than 2 percent in three weeks, and who would dare to believe that the futures market and the bond market are as stable as Mount Tai? The renminbi exchange rate has slowly jumped from 6.87 to around 6.8, but it ...... In retrospect, it is something that most people agree with.

"Market psychology!" At this time, Qin Jiyong finally saw the core factor in Wang Nuo's view.