When David Mellon came out slowly, with the help of a Michelin-starred chef, he brewed two cups of coffee.

Ten minutes had passed.

He was nervous, but David hadn't forgotten what Abel had just said.

"Wait another ten minutes.."

Therefore, he came out in a hurry, in time for the "ten minutes" that Abel said.

He actually wanted to know why Abel was so calm.

When he came out with coffee, David saw Abel lying lazily on the sofa.

And in both hands, he is still holding a thick book reading.

David took the coffee and walked over to take a look, and saw that Abel was reading a book "The Self-Discipline Trader".

The author is Mark Douglas, a well-known veteran of the financial industry.

I used to be one of the Wall Street practitioners, but I started writing books in the 90s.

I have written a few books, all of which are related to finance or trading, and the results are not bad.

This book "Self-Discipline Trader" was written by this former Wall Street practitioner for beginners in the financial industry.

Some American universities will also use this book as one of the extracurricular books of the finance department.

It is one of the introductory books in the field of finance.

But....

David glanced at Abel, who was reading seriously, and couldn't help but complain:

"This is a book for Wall Street newbies. What's the use of what you've seen? Don't tell me you're still a newbie. ”

Abel looked up, sat up by the way, and stretched out a hand to take a cup of coffee from David's hand.

Then he said, "I'm a newbie." I studied fine arts in college, I can draw, but I don't know about finance. Since I don't understand, of course I'm a newbie. ”

In the face of his words, David was speechless again.

Well, what Abel said, there are some things David admitted.

For example, Abel in finance, especially in many details, many unspoken rules and operations.

It's really a novice, the kind that doesn't even get started.

David thinks it may have something to do with the fact that Abel studied fine arts, not business or finance.

But such a guy who doesn't understand the details of finance and can't understand the rules of many investment products.

But he has a keen instinct and has the ability to be like a prophet in the field of investment and finance.

Since he met Abel, Abel has almost never lost money on every investment.

The worst, just a little less.

More than that, it's all big money.

Although most of these transactions were operated by David.

But David asked himself.

The investments that Abel gave him to operate were replaced by David himself's decision whether he dared to invest like this.

The answer is –

Can't.

Many investments, David didn't even think about.

The most typical is at the beginning of March.

Abel went bankrupt and even added leverage.

Very arrogant, short the NASDAQ mainstream stocks that were in full swing at the time.

At that time, David almost thought that Abel was really crazy.

Because at that time, whether it was the NASDAQ market argument or the entire American opinion, it was felt that the NASDAQ would rise to at least 8,000 points, or even more.

Those mainstream stocks on the NASDAQ will at least double.

At the time, everyone thought so, and they didn't know there was such a thing as an Internet bubble.

In this case, David almost wanted to run away and go back to Goldman Sachs to work.

Fortunately, before David could regain his determination, it didn't take long for the Nasdaq to be like taking a laxative.

The torrent went straight down to 3,000 feet.

And then a few months, Abel made a fortune of $1.5 billion.

Since then, David has really trusted Abel's investment ability.

But now, such a wolf is being shouted by those old tycoons on Wall Street.

At a young age, he already has the title of the wolf of Wall Street.

But he said that he was just a novice investor.

David really wanted to splash the coffee in his hand directly in his face.

But it's just thinking about it, because this guy has always been in this tune.

David had no choice but to say: "The cup you took is my Colombia, and this cup is your Brazil." ”

But it was too late, and Abel had already taken a sip of David's favorite Colombia.

"It's all coffee. It's all South American. It doesn't matter if it's Colombia or Brazil. ”

What could David say in response to Abel's response?

He had no choice but to sit next to Abel with a little grassy aroma of Brazilian coffee that he didn't like very much, and looked up at the international foreign exchange market on the opposite wall, which was provided by Bloomberg.

It's okay not to look at it, but take a look.

The Brazilian coffee David picked up in his hand almost fell onto his own tie.

"What's going on?"

David exclaimed in surprise, "What's the situation?" Why did it fall so much? ”

The reason why he was so surprised was because of the display screen that was now hanging on the wall.

The exchange rates on the two currency pairs of JPY/USD and JPY/EUR have changed.

Real-time data is JPY/EUR 98.2370, JPY/USD 108.3220.

"You read that right."

Abel took a shallow sip of David's favorite, Colombian coffee, which is said to have a sweet and light aromatic smell.

He didn't drink anything sweet and light, but he felt bitter.

Because of David, coffee has never been sweetened.

Unlike him, he drinks coffee with sugar and milk.

"Just when you go to make coffee. Our losses have been recouped. Now we don't lose or earn. ”

Coffee is not good,

I don't drink anymore,

He placed it directly on the table.

But now, David is in no mood to focus on his favorite Colombia.

He put his coffee on the table and stood up to go into the safe house to find out the reason for the sharp movement in the yen exchange rate.

But it occurred to him that

Isn't the main master right next to him?

Instead of going inside and asking the traders, it's better to ask this one.

"Why? How so? David looked at Abel.

Able shrugged again and told him why.

"Just now. About five minutes ago. ”

"Neon's Economic and Fiscal Policy Agency, at 10:43 a.m. local time.

The "All Neon Real Estate Brokers Association" was released, and the semi-annual rate of the Neon Existing Home Sales Index in the first half of the year was announced. ”

"Previous: -2.3%."

"Expected: 1%."

"Published value: -0.6%."

The Existing Homes Sales Index refers to the sales data of existing houses, completed or second-hand houses that have been contracted through statistics.

The weighted index is a leading indicator of a country's future housing sales activity, and can provide more reliable information on the direction of the housing market than any existing indicator.

This indicator is forward-looking, as it takes several weeks after signing a contract to be included in the existing home sales process.

The index rose, suggesting that the neon property market is improving.

Previously, the market was expected to rise, but now the data released is falling.

Even if it's just a 0.06% drop, that's a fall.

This means that the real estate that Neon has lost for ten years looks like it will continue to lose.

Then another economic data came out from the neon country, the latest business activity index released by the neon central bank

[Prior:3.3]

[Expected: 5]

[Declared value: 1.1]

If the data is above 0, it means that the field is expanding.

Otherwise, it means recession.

The sub-data included includes: capacity utilization, new orders, raw material prices paid, shipments, prices of manufactured goods, and employment index.

The region's exports of manufactured goods are mainly concentrated in energy production and electronics.

The region's manufacturing exports account for a significant share of neon manufacturing exports.

And now in 2000, the manufacturing industry is the leading industry of the neon country's economy, which can reflect the trend of the neon country's economy to a certain extent.

Again, this data is far less than expected, very bad economic data.

This has led to the yen falling throughout the forex market and other currencies appreciating.

It was also after the release of these two data.

The international foreign exchange market, which was originally relatively calm, suddenly became turbulent.

Countless giant crocodiles, whales, and sharks in the financial field have all woken up from rest or hibernation.

In a few minutes, trillions of dollars in the entire foreign exchange market began to fight, and countless capitals were scorching desperately.

If you look a little further, you will find that countless capital consortia are shorting the yen at this time.

As the world's second-largest issuance of treasury bonds, Neon's treasury bonds are also being sold off in large quantities.

As the yen fell, tens of billions of dollars evaporated from the countries that held Japanese bonds, resulting in heavy losses.

This forced central banks to intervene in the foreign exchange market, resulting in a staggering amount of money circulating in the foreign exchange market.

Despite the strength of central banks, capital consortia are not vegetarians.

A single order of tens of billions of dollars was smashed, and the yen, which had signs of recovery, fell again, and central banks had to eat these orders.

The capital consortium is laughing and making a lot of money.

Crazy smashing.

The list accumulated in the past was smashed out all at once, and even the central banks of various countries could not bear it.

In this frenzied capital frenzy.

Abel's originally conspicuous $20 billion list suddenly became inconspicuous.