The next day after arriving at the beautiful country.

Ji Sheng went to the Immigration Bureau in the morning to apply for a green card.

The Immigration Bureau first reviewed his information, and then asked him to line up for an interview, half a month later.

Ji Sheng calculated a little that the auction he participated in was about half a month later, and the time was just right.

After going to the immigration bureau, he called Jack Zhao to make an appointment, and then took a taxi to Wall Street.

Wall Street is a large street in the southern part of Manhattan that stretches from Broadway to the East River, and it is quite long, but not very wide, and the street is very narrow and short.

Ji Sheng had no choice but to pay for the taxi, and then got down and walked to the destination.

It is a securities company that does not seem to be very large.

He didn't care about it at first, just communicated with the doorman, and then he was taken to the securities trading department.

As soon as he walked in, Ji Sheng was shocked, it was only about ten o'clock in the morning, and the forty-five people at the desks in the public office area here were all frantically and busily making phone calls.

From time to time, there were people shouting for what documents to take.

He only lingered in the common office area for a few seconds before being ushered into a small office.

Knocking on the door and entering, Ji Sheng saw Jack Zhao sitting leisurely in front of seven or eight computers drinking coffee, "Uh, Mr. Zhao, why are you so free?" ”

Jack Zhao smiled and stretched out his hand to ask him to sit down, and while getting up to make him coffee, he said: "A good stockbroker doesn't need to be so busy, I just need to keep an eye on the stocks." ”

With that, he returned and put the coffee on the desk in front of Ji Sheng.

Ji Sheng said thank you.

The two chatted a little.

"Did you go to immigration office?"

"Go, let me wait for half a month to go to the interview."

"Your qualifications are so good, it shouldn't be difficult to get a green card, you only need to pay attention to a few questions during the interview, and I'll talk to you later."

"Well, thank you, Mr. Zhao."

After a few words.

Jack Zhao began to recommend Ji Sheng to look at information such as stocks and securities.

Ji Sheng also walked from the front of the desk to the back, staring at a series of data changes on the computer.

Well, he can't read anything.

Jack Zhao recommended: "The recent upward trend of international crude oil futures is good, if you want to do long-term, I think you can try it." ”

Ji Sheng took a look and found that the price of crude oil futures was approaching $24 a barrel, and there was a series of data on crude oil last year, such as the average price of $15.97 a barrel, the highest price of $18.54, and the lowest price of $12.58.

Judging from this trend, it seems that holding crude oil futures for a long time is a good choice.

But Ji Sheng suddenly said, "If I want to short crude oil futures, what should I do?" ”

Jack Zhao was stunned, "You want to short crude oil futures?" ”

"Well, short-term, how?"

Ji Sheng's eyes stared at the data on the computer screen without blinking.

Jack Zhao was taken aback, and hurriedly persuaded: "Mr. Ji, you must not short crude oil futures, the upward trend of crude oil futures during this period is too good, from the end of last year 17 US dollars a barrel to 24 US dollars, it only took less than four months, according to this trend, it is only a matter of time to break through 25 US dollars and 26 US dollars." ”

Ji Sheng asked another unbelievable question, "Today is March 20th, right?"

"It's March 20th, yes." Jack Zhao wondered, "Why are you asking this?" ”

What is this for?

Does Ji Sheng say that he has crossed over from modern society?

If it were anything else, he probably didn't know much about the beautiful country of the late eighties.

But when it comes to crude oil, Ji Sheng really knows a little.

Before, when he was searching for information in the modern society, he saw an interesting news in the past eight or nine years, that is, the largest oil spill in the beautiful country occurred in this year.

He still remembers the news vividly.

At that time, it was reported that on the night of March 23, less than 0:00 a.m. on the 24th, a ship named "Exxon. The Valdez, carrying 200 million liters of oil, left the Pradhoe Bay oil field on Alaska's North Slope, with its final destination being Long Beach, California.

But the cruise ship crashed into a reef just hours after leaving Alaska, causing 40.88 million liters of crude oil to leak into Alaskan waters, killing sea otters, salmon, seals and many other animals on a large scale, affecting more than 2,000 kilometers of coastline in total.

Ji Sheng was interested in this news at that time, and began to turn through the information on the stock market of the beautiful country in 1989.

At that time, he wanted to check environmental protection stocks, but unfortunately he did not find anything, but instead saw that the price of crude oil plummeted, from 24 yuan 62 yuan at the highest point of crude oil price in 1989 to 16 yuan 99 yuan at the bottom.

The price drop is as high as a staggering 31%!

There is a difference of $7.63 for each poke of crude oil.

Although Ji Sheng doesn't know much about futures shorting, he knows that if he can short 10,000 barrels at the highest point, he can earn more than $7 million.

Of course, this is only the most ideal data.

Besides, he didn't have that much money on hand, he only had more than three million dollars.

"What do I need to do if I want to short a million dollars of crude oil?" Ji Sheng asked.

Jack Zhao frowned, obviously he didn't want Ji Sheng to gamble short, but out of professional ethics, he still said honestly: "You only need to pay ten percent of the deposit, about 100,000 US dollars, and I'll do the rest for you." ”

Ji Sheng was stunned for a moment, "Only 100,000 US dollars?" ”

"Yes, because the contract you bought will be liquidated if the loss reaches this number." Jack Zhao carefully explained: "Generally speaking, normal futures trading, there will rarely be such a big fluctuation, 10% of the margin regardless of the profit or loss, is enough to support the expiration of the contract, only the kind of people who do high leverage, the probability of forced liquidation is large." ”

Lever?

Ji Sheng had heard this word countless times, but he really didn't know much about it, and asked, "What's the deal with leverage?" ”

For example, if you want to buy a million dollars of crude oil, we charge you 10% of the margin, which is actually 10 times leverage, which is equivalent to you buying a million dollars of crude oil trading contracts with 100,000 US dollars." Jack Zhao said.

He paused and continued, "Since the futures themselves come with leverage, and then over-the-counter allocation, the overall leverage ratio can be as high as more than 100 times, although the ultra-high leverage ratio means that the yield is higher, but at the same time, the risk is also magnified by a hundred times, which is equivalent to licking the blood at the tip of the knife. ”

Ji Sheng understood as soon as he heard it, "That is to say, if I want to carry out over-the-counter capital allocation and reach 20 times leverage, suppose I short crude oil, and now the price of crude oil is 24 US dollars, and as long as the price increase is more than 1.2 US dollars, I will be forced to close my position, is that how I say it?" ”

Jack Zhao said: "That's the popular saying, that's right. ”

Ji Sheng originally thought that he couldn't short many crude oil futures for $3 million, but when he heard Jack Zhao's explanation, he suddenly became happy.

Although it is impossible for him to take out all three million dollars to short crude oil futures, even if he takes out one million dollars, as long as Jack Zhao is willing to operate for himself, he can also short two million dollars of crude oil futures.

According to the information that Ji Sheng got from modern society, 24.62 US dollars is the highest price of crude oil futures this year, and now it is 24 US dollars, and he can do 20 times leverage, even if the intermediate price fluctuates, he will not be forced to liquidate.

Ji Sheng nodded thoughtfully, "You just said that the price of crude oil will rise, I think it makes some sense." ”

Jack Zhao breathed a sigh of relief, "I'll just say, do you want to buy some crude oil futures?" ”

"Can you give me a way to short crude oil futures with 20 times leverage? It is best to start short at $24.5, and the contract is signed until March 27. ”

Ji Sheng blinked and said, "I want to make a short-term futures short." ”

Jack Zhao was scared half to death by him, "Mr. Ji, you have to think about it, one million dollars and twenty times the leverage of crude oil futures, that is, crude oil that leverages 20 million funds, once the price of crude oil rises to a certain value, your million dollars will be gone." ”

Ji Sheng finally came across such a good opportunity, how could he miss it, "That's it, give me 20 times leverage to short." ”

Jack Zhao Xin finished speaking, he originally wanted to take Ji Sheng to make a little fortune in Nanhui's face, but he didn't expect Ji Sheng to listen to persuasion at all, and actually wanted to short a million US dollars in crude oil futures, and when the time came, he really lost all his money, this matter was transmitted back to China, he didn't want to be told to die by Nanhui and his relatives? said that he cheated the money of the motherland!

Thinking of this, cold sweat came out of Jack Zhao's forehead, and he even persuaded Ji Sheng to dispel this idea.

But Ji Sheng was determined to spend a million dollars to short, or 20 times leverage.

Jack Zhao Xin was cool and cool, but the customer strongly asked to be short, and he had no choice but to refuse, so he had to pinch his nose and say: "Okay, you hand over the deposit to our company, and I will give you the operation to go short immediately after the account arrives." ”

Ji Sheng was afraid that he would forget, so he specially instructed again: "You must wait until after 24.5 US dollars before shorting, and then buy it on March 27." ”

Although Jack Zhao didn't want Ji Sheng to short crude oil futures, he still recorded the data, "Okay, you hand over the money to our company first, and then we sign a contract to entrust the purchase and sale of futures." ”

As he spoke, he sighed again in his heart, saying in his heart that this time he had killed his fellow countrymen, and he had known that he would not let Ji Sheng come here.

Ji Sheng didn't know what Jack Zhao was thinking at all, he only had one thought in his heart, this time the beautiful country came to the right place, fortunately, he came early, and he could make a lot of dollars with crude oil futures.