Early the next morning.

In a villa in New York, after coming out of Xu Qing, Tang Bao rented a villa near the city center. After Tang Bao got up, he washed his face and brushed his teeth, straightened his hair, and took out a bottle of milk and a piece of bread from the refrigerator as breakfast.

"Boss, it's falling, oil prices are falling again......"

When Tang Bao came to the company, Horst trotted up excitedly and said that they used 20 times the financial leverage to hold 32,500 short crude oil futures positions, which means that even if the oil price falls slightly by $0.1, it will make millions of dollars in profits. Of course, these are all profits on the books, and then with the fluctuation of oil prices, they may make more profits, or they may lose all their money.

But.

Tang Bao knows that he will only win, not lose!

"Huh, Horst, you keep an eye on the crude oil market, although I judge that the overall trend of oil prices will fall, but it is difficult to guarantee that there will be strong fluctuations, for safety, I will give you another ten million dollars, just in case." Tang Bao frowned and decided, the oil price only fell by 0.1 US dollars, and his book profit was millions of US dollars, which means that if the oil price of the crude oil market is favorable and the oil price rises by one dollar in a short period of time, he will lose all his money, and he will not be able to add margin in time at that time, and he will be wronged if he is forced to close the position.

"Ten million dollars, although it is not much, but it can enhance the ability to resist risks. Something is better than nothing! Horst's mind was a little more relaxed, and with 10 million dollars of backup, he was more confident. Otherwise, staring at the fluctuation of oil prices, he and everyone in the team are worried.

In fact.

At this time, the market was already spreading news of the fall in oil prices, and analysts from various institutions were predicting a fall in oil prices. For example, an analyst of Goldman Sachs Group pointed out that the global oil market has been oversupplied, and the Middle East oil producers led by Saudi Arabia have given up production restrictions and price guarantees in order to compete for market share, but have increased oil production.

Most analysts predict a further decline in oil prices, but no one dares to give a bottom line for the decline. After reading several newspapers in a row, there were all kinds of negative news about oil prices, especially the comments of more and more Wall Street analysts, which made Tang Bao realize that Wall Street's capital predators had entered the war.

Alas.

On the surface, it seems that oil-producing countries are competing for the market and fighting a price war, but the real reason may be that the United States relies on the capital power of Wall Street to hit the Soviet economy, and the sharp drop in oil prices will inevitably deal a fatal blow to the Soviet economy, and the economic crisis brought about by low oil prices will lead to political chaos.

Steady!

Dropping the newspaper, Tang Bao said in his heart.

"Horst, look, the market is full of bad news now, and you don't need to worry too much." Tang Bao smiled and said comfortingly.

Well.

Horst replied.

……

More than a month has passed in the blink of an eye.

As Tang Bao remembers, oil prices have plummeted, and OPEC members such as Saudi Arabia have shown no signs of cutting production and maintaining prices.

Oil prices vary from day to day.

Now.

The price of crude oil has fallen to $14.36.

Phoenix Investment Group made a profit of more than 200 million US dollars on the books, and Horst and the others were about to go crazy with excitement, and at the same time, the eyes that looked at Tang Bao became different, in addition to admiring Tang Bao's desperate courage, they were also amazed by Tang Bao's accurate vision from the bottom of their hearts.

In this big market.

Many investment banks, various fund companies, banks, and even many retail investors have joined in, but not everyone can be as carnival as Phoenix Investment Group's Horst, after all, the fall in oil prices is also volatile, and many small investors have not chosen the right time to enter the market, with limited funds, and have not yet tasted the sweetness of the decline in oil prices, they were kicked out because they could not add margin.

This feast.

Some people are happy and some are worried, some people come in with a smile and go out crying......

……

Talk of a collapse in oil prices prevails.

Oil prices have been falling!

It fell below $14 two days and $13 three days later......

"Ah, it's falling, it's down to twelve dollars."

Everyone in the Phoenix Investment Group exclaimed, it really fell to the price predicted by Tang Bao in two months, god.

"Whew, it's time to get out of the show."

Tang Bao secretly said in his heart, maybe there is a little room for oil prices to fall, but it can't attract him anymore. "Horst, slowly buy and close the position at the $12.5 level."

"$12.5 to buy and close the position, it all cheers me up and operates carefully." Horst shouted excitedly, although he thought that the price of oil would fall at this moment, he did not hesitate to carry out Tang Bao's order, and at this time, their profit was close to 300 million US dollars, and he had already wanted to close the position.

"$12.3, buy a hundred contracts."

"$12.18, buy fifty contracts."

"$12.21, buy 80 contracts ......"

"$12, buy ......"

……

Horst calmly commanded the crowd and began to carefully buy and close the position. Try to make every transaction as different in size as possible to avoid attracting attention.

It took three days. Phoenix Investment Group closed its position and left the market, removing various expenses, and obtained a total profit of 283 million US dollars, which took 53 days and a return rate of nearly 10 times. Horst, who got this data, was directly stunned, Rao knew that he would make a lot of money this time, but he didn't think that he would make so much.

And it's no wonder.

This time, Tang Bao operated with a full position, using 20 times leverage, and did not hedge risks, completely betting on the decline in oil prices.

It's normal to make a lot of profits!

According to common sense, the fund company should be rewarded for this terrible record, but this time Horst did not propose a reward. Because this is all Tang Bao's own credit, they just obey the command to operate.

Horst didn't mention it, it doesn't mean that Tang Bao doesn't understand.

Financial companies such as investment banks and fund companies will give bonuses if they have made achievements, and if they have no results, they will pay less bonuses! "Hehe, everyone is mentally and physically exhausted during this time, and the employees of the futures department have two days off. In addition, Horst, you go and come up with five million dollars, and according to everyone's performance, give out the prize money. ”

"Ah...... Boss, isn't it too much. ”

Horst kindly reminded that the futures department counted only ten people as a supervisor, and on average, each person could get a bonus of 500,000 yuan, which was a bit much, after all, at the end of the year, the company would have to pay the year-end bonus based on the performance of the employees in a year. In the past, he was at his old club, and his annual salary plus year-end bonus was only five or six hundred thousand US dollars! This is only one reward, and it is almost enough to catch up with his annual income. "Boss, the performance of employees is usually considered when the year-end bonus is issued, and now such a bonus is issued...... Moreover, the employees of the stock investment department did not participate in this operation, and they may be unbalanced when they learn that the futures investment department has been stained with the light of the boss and received a large bonus. It's better to add this reward to the year-end bonus, and just give a little reward this time. ”

"It's fine."

Tang Bao glanced at Horst and smiled, he didn't expect Horst to make such a suggestion, but he was also paying attention.