Chapter 448: Borrowing the Situation (Part II)
Due to the fact that Wang Meilin and Guo Mengqi invested a lot of money into it, the price of soybean futures soon exceeded 1,000 US dollars and is still rising. It is said that war is inseparable from money, and financial war is even more so!
Five minutes passed in the blink of an eye, and the price of soybean futures had risen to $1,005. The price of soybean futures has risen so fast that many people have not yet reacted. Those speculators on Wall Street are all dumbfounded looking at the market chart of soybean futures, and even some people have associated this with the Wall Street Double Devils, because it is only the Wall Street Double Devils who are so crazy to do this kind of thing.
At the same time, a number of traders' instant messaging groups with names such as "cartel", "bandit gang" and "mafia" began to bustle. Don't underestimate these humble trader messaging groups, which are all well-known traders from the world's top financial institutions. For example, the "cartel" includes traders from JPMorgan Chase, Citibank, and traders who used to work at Barclays and UBS.
Generally only those in the know know that traders use jargon in chat rooms and pass on information through jokes, while outsiders do not understand it; Some traders discuss when to execute client orders in order to maximize the movement of the benchmark in the direction they want. These banks controlled more than 40% of foreign exchange trading volume in 2012, which shows how terrifying it is.
Access to these traders' chat groups is a dream for non-members; Due to its enormous impact. Access to the chat group is considered a golden ticket.
At this time, a member named U posted a message in the chat groups of major traders: "Wall Street Twin Devils are pulling soybeans!" ”
"Really?"
"Unreliable, huh?"
"Where did you get the news?"
……
The traders in the chat group replied one after another, and then opened the soybean futures market and browsed it, and after reading it, they all believed the words of the member named U, because only the Wall Street Double Devil would do such a crazy thing.
U then sent another message: "The Wall Street Twin Devils were caught by me this time, this is a once-in-a-lifetime opportunity, I acted first." ”
In fact, needless to say, this U is just a pawn of Wang Tianyu. Wang Tianyu just wanted to borrow the mouth of U to convey the news that Wang Marylin and Guo Mengqi were long soybean futures, and Wang Meilin and Guo Mengqi also cooperated very well to pull up, which created the illusion that Wall Street Double Devil was long soybean futures.
U is already an old member of these traders' instant messaging groups. Everyone knows each other. The credibility of what he said is still very high, and seeing the crazy rise in soybean futures, they naturally don't suspect anything.
However, when U released the news, Wang Marylin and Guo Mengqi had begun to stop rising. The position is being closed.
"It's done!"
"Count me in!"
"This time, we need to fix the Wall Street Twins!"
"Yes. The Wall Street Twins have been too high-profile lately. Let them know that it's better to keep a low profile. ”
"I've wanted to clean them up for a long time, and now I finally have a chance!"
"Clean them up!"
……
Members of those traders' instant messaging groups. One by one, they all spoke, and at the same time began to short soybean futures. Mary Wang and Guo Mengqi were also shorting aggressively, and suddenly soybean futures turned around directly and fell rapidly. In just two minutes, the price of soybean futures returned to the original point, but the decline did not stop at all and continued to fall sharply!
"Haha, that's so cool!"
"It's too fierce!"
"The Wall Street Twin Devils should be miserable this time!"
"I guess I'm about to cry!"
"It's not going to be bankrupt, is it?"
"Hahaha~~~"
……
Soon the traders' instant messaging group was lively again, and only U was speechless, he didn't know whether to cry or laugh. However, Wang Tianyu promised him that soybean futures would definitely fall, otherwise U would not dare to say so in the group, otherwise if the traders in the group were cheated, then he would be miserable.
In an office of the American Pioneer Group, a middle-aged man is staring at the monitor, his forehead is breaking out in a cold sweat! He is also a trader at the American Pioneer Group, named, and he is also the one who goes long on soybean futures.
came to the company early this morning, and he was in a very good mood, because the day after tomorrow is the delivery period of soybean futures, and from the current point of view, the rise of soybean futures is very good, his account has made a lot of profits, as long as the delivery period arrives, he can make a lot of money.
Of course, it is not that he did not consider closing the position early, but because he holds a large position in soybean futures, and once the position is closed, it will take a long time, and it will also cause the price of soybean futures to fall, thereby reducing profits. When the delivery period arrives, all positions can be closed, and it will not cause the price of soybean futures to fall, just wait for a day or two, why not do it?
At half past nine, soybean futures actually rose wildly, breaking through the resistance level of $1,000 in an instant, which made him happy, especially looking at the increasing net value on the account.
's favorite thing to do is to trade breakouts, and he saw that soybean futures had so easily broken through the important resistance level of $1,000, and it was still rising. At this moment, his eyes were full of greed. Therefore, he decisively chose to increase his long position again.
It's just that what didn't expect was that as soon as he finished adding to his position, the price of soybean futures reversed, and instantly fell below $1,000 and returned to the position of $950. This suddenly made Spike's hard-earned profit for a month come to naught in an instant, how could accept it for a while?
suddenly began to hesitate, he was considering whether to close the position, but he had so many positions in his hands, if he closed the position, it would definitely further lower the price of soybean futures, and he would definitely lose a lot.
Just when hesitated, the price of soybean futures did not stop at all and continued to fall. And's account has already seen a lot of losses, which makes's face pale.
Soon, the news of Wall Street Double Devil long soybean futures spread throughout Wall Street, however, after all the speculators on Wall Street saw the soybean market, many people gloated and laughed, because if Wall Street Double Devil really long soybean futures, then they should have lost a lot now!
The Internet is full of all kinds of related rumors, including satirical Mary Wang and Guo Mengqi; There are also people who regret this; Some people began to stand up and teach Mary Wang and Guo Mengqi a lesson, saying that they should be low-key in being a person on Wall Street and making money; Even more exaggerated is that the Queen Fund of the Wall Street Twin Devils has gone bankrupt.
Wang Tianyu, Wang Marylin, and Guo Mengqi all had a crying and laughing expression after reading the comments and rumors on the Internet, but they didn't stand up to explain anything.
Many speculators on Wall Street have participated in it, wanting to take the opportunity to rectify Mary Wang and Guo Mengqi. They all started shorting soybean futures. However, for those who know the relationship between Wang Marylin and Wang Tianyu, they all choose to wait and see.
After receiving these news, was also happy in his heart, and seemed to see a glimmer of hope, just like a person who fell into a river saw a life-saving straw. naturally knows who the Wall Street Double Devils are, and he also knows that the Wall Street Double Devils have not failed to invest during this time, and the Queen's Fund has tens of billions of dollars, and it is rumored that the Queen's Fund has a monstrous background, as long as it can hold on, maybe the Wall Street Twin Devils can turn the situation around? He began to pin his hopes on the Wall Street Twins.
Unlike Chris, who was previously short on spot gold, has more authority than Chris. So began to use another account of the American Pioneer Group, and began to try to stabilize the price of soybean futures and prevent himself from being cleaned up by this wave of decline.
It's just that has been doing this business for decades, but he forgot that this line of work can't be emotional. At this moment, has been controlled by his emotions and has lost his mind, otherwise any sane investor will choose to close the position at this time, even if it is a loss. However, still fantasizes about the rise of soybean futures, which will definitely kill him.
is constantly buying soybean futures, but's funds are too far from those shorts on Wall Street, so no matter how Sbick buys, he has never been able to prevent the decline of soybean futures, while the net value in his account is constantly decreasing, and his losses are constantly expanding. Eventually, all the funds in's account were used up. It's like a general who is killing the enemy on the battlefield, and suddenly all his soldiers are killed, and he becomes a bare-bones commander, and even the bullets in his gun are used up, and if there is no one to rescue him, he will have to wait for death.
sat limply in his chair, staring blankly at the ceiling, knowing that he was completely finished this time.
Sure enough, soon's positions triggered the stop loss, and there were not many buy orders in the market, and the price of the entire soybean futures accelerated again.
By the time all the orders on's account had been closed, the equity on his trading account had turned negative, and this time he had lost a total of $1.5 billion.
Now that the price of soybean futures has fallen to $720, Mary Wang, Guo Mengqi and other short traders on Wall Street have become very tacit, and no one has closed their positions at this time, but they have all cooperated to stop the rise of soybean futures. Because if they all choose to close their positions at this time, it will definitely lead to a sharp rise in soybean futures, and they will definitely lose a lot at that time, on the contrary, now the delivery period of soybean futures is approaching, as long as the delivery period arrives, they will collect the money directly, how to choose, they are naturally very clear. (To be continued......)