The international foreign exchange market is actually similar to stock speculation.

It's all ups and downs.

It's just that the foreign exchange market can be traded every minute and every second, but not stock trading.

In the international foreign exchange market, trillions of dollars are fighting in the market every minute, which is a very terrifying and tempting place.

Here, one step to heaven and one step to hell.

$100,000 is one lot.

If you buy up, up one pip, the profit is ten dollars.

If you buy down, which is called shorting, and it falls by one point, the profit is also ten dollars.

It looks like it's very little.

But don't forget that forex moves every minute.

And there's also a terrifying thing called leverage.

There is leverage from 1 to 200x.

For example, now.

Abel's billion-dollar funds were leveraged at 20 times.

He can manipulate up to $20 billion in funds through middlemen.

20 billion US dollars, 200,000 hands in exchange for hands.

If you float one pip, you will make $2 million or lose $2 million.

The principal, which is also a margin of $1 billion.

Once the billion dollars are lost, or the magnitude of the loss reaches the warning line set by the middleman, the position will be directly closed.

Then the floating loss will become a real loss.

Now he has lost seven points on the yen/euro pair.

The loss was $14 million.

On the JPY/USD pair, it fell by 25 points.

That is, a loss of fifty million dollars.

Combined, that's a loss of $64 million.

This does not include commissions and service fees that need to be paid to intermediaries, i.e. banks and financial companies.

If you count these, the losses will be more and greater.

This is the horror of forex trading, the amount of money reaches this level.

The profit and loss of one point is very exaggerated.

In the face of this loss,

Even the rich kids of David Mellon, the Wall Street elite.

It's also a little unbearable.

Even if the money is not his, he only has a maximum of two percent of the dividends.

But such a large amount of money, even if it is only the person who handles it.

Floating up is also a test of his heart.

You know, he worked at Goldman Sachs for three years and had many clients.

But those many customers, their combined funds, are not as much as Abel's alone.

What's more, most of those customers don't have as much risk as Abel.

If it weren't for the fact that he had seen Abel's victory before.

Perhaps as early as a few days ago, David Mellon would have suggested that Abel close his position in advance, lose a little less, and land the bag as soon as possible.

Now Abel is back, faithfully carrying out all his requests, all commanding David Mellon.

Desperately hoping that Abel would change the situation.

But when he looked at Abel, he didn't seem to have any sense of the $64 million loss.

Abel even lowered his head and looked at the watch on his wrist.

It was an Audemars Piguet Royal Oak offshore collection that sold for $890,000.

After reading the time, Abel suddenly said to David Mellon:

"It's New York time, half past nine in the evening."

"At this time, when is it in Tokyo?"

David Mellon said without hesitation: "The time difference between New York and Tokyo is thirteen hours. We're at this time, and it should be half past ten in the morning. ”

As a financial veteran, remembering the time difference between New York and other major financial cities around the world is just a basic skill.

"Half past ten in the morning?" After hearing this, Abel smiled: "Then just wait for ten more minutes." ”

David Mellon: ????

"What do you mean?" David asked, puzzled.

I said, wait a little more than ten minutes. During this time, we can choose to have a cup of coffee. Or go to the lounge next door and play a table of snooker? ”

"David, I think it's time for us to renovate an indoor bowling alley and come out. Don't ask too much, one or two fairways will suffice. ”

"So that when we get tired of playing snooker, we can play bowling."

"I ..... Is.... You...."Looking at Abel, who had lost $64 million, he still looked unhurried.

There are even discussions about expanding a small bowling alley in the company.

David Mellon was speechless for a while, but finally chose to calm himself down as much as possible.

Even if it's hard to do.

"Forget it. No more snooker. Don't talk about your bowling lanes either.

Coffee bar, what flavor do you want?

Blue Mountains or Brazil? You've always liked Brazilian coffee beans, how about a cup of Brazil? ”

Off the subject, this is David Mellon calming himself down.

Don't think about the terrible way to lose money.

"Is there any Geisha coffee? Two days ago, I drank it once at the NYPD branch in Lower Manhattan, and I felt that it tasted very good. ”

"Uh," David Mellon was stunned, "what are you doing at NYPD?" ”

That's what friends are.

It's not about why he drinks Geisha, it's why he goes to NYPD.

"There was a little misunderstanding with the two CAA brokers.

Sheriff Brownislaw over there invited me to a cup of Geisha coffee.

I think it tastes good. ”

Abel shrugged.

"That should be a trifle. Besides, with your relationship with the NYPD. You can't afford to lose. David Mellon said.

"There is no Geisha, this is Ethiopian coffee that has only become popular in the past two years.

In the past, the ladies of Europe liked to drink it.

I've heard that at coffee auctions, it's up to $260 a pound. ”

"Okay."

While speaking, Abel simply did it on the sofa where David Mellon was lying on his stomach just now.

Directly in front of the sofa are two large screens, which display the current real-time international foreign exchange market.

This is an advanced feature that only has access to the Internet and the purchase of Bloomberg services.

"Then Brazil."

"But when you're free. Remember to help me buy some Geisha coffee beans for the company to drink later. ”

Faced with Abel's explanation, David Mellon rolled his eyes and said angrily: "Got it, BOSS." ”

There is not only security in the company, but also a kitchen that works 24 hours a day.

It's for the people in the safe house.

The general manager and chairman wanted coffee, and someone immediately brought it to them.

But right now, David Mellon is still a little nervous.

He simply decided to go to the kitchen to make coffee himself.

David tried to make his brain forget the tension for a moment through this light work.

The company's kitchen is not large, after all, it is only more than 800 square meters, and it can accommodate 120 staff.

In the kitchen, there are now two cooks on duty.

One of them is also the head chef of a Michelin-starred restaurant in New York.

Michelin-starred chefs earn a lot of money, earning at least $300,000 a year.

Such chefs, they are very high.

If you want to eat their food, you usually need to go to their store.

But....

There is a saying in the Celestial Empire that money can make ghosts grind.

There are similar words here in the United States.

It's called "If you're rich enough, even the Grand Commander can drive for you".

One meaning.

So even a Michelin-starred chef can't refuse an income of $8,000 a day.

At $8,000 a day, the Michelin chef happily came to the kitchen of this cramped office building and stayed up all night on duty.