The profit of arbitrage is actually not high, Li Yuan They are about two points to sell chips, and five or six points underwater to undertake.

I didn't sell much, and I didn't take much on it.

In about two hours, I probably earned about 10 million dollars.

As Li Yuan undertook more and more, the funds in it seemed to be a little unbearable, no matter how much Li Yuan wanted, they would give as much as they wanted.

However, Li Yuan only ate $500 million in chips in the end, and never ate it again.

If you eat it again, you will put yourself in it.

500 million US dollars, on average, is only 20 million or 30 million US dollars per ticket, and these funds are not enough to make the institutions in those votes untie and escape.

If they continue to eat chips, those institutions may not directly let Li Yuan take over, and the result will be ......

Of course, Li Yuan doesn't have so much money to take over.

At present, Li Yuan holds more than $1.4 billion, and he still has more than $300 million in reserve.

Plus more than $400 million in leveraged short positions.

Seeing that the other party did not react, Li Yuan decisively gave an order.

"Continue to open short orders in this position, and follow the previous process to open today's first round of short orders."

The pain point on Wall Street is that they have to face the problem of investors withdrawing funds, and they have to make the data look better, and no matter how bad it is, they can't lose too much.

If Li Yuan is willing to take over in an all-round way, they can cash out, even if it is discounted by twenty points, it will be worth it for them to get cash.

Because they have more than 20 points of capital bubble in their own funds.

Someone pulls up, and they can accept it.

What I am most afraid of is that my funds will not be able to get out, and the stock price will still fall.

Today, if Li Yuan takes an extra $500 million to undertake it, maybe some organization will throw all the chips in his hand at him.

They really don't want to play with others now, yesterday it was just an attempt, and each family took millions of dollars to test the waters.

There are hundreds of institutions behind these stocks, and each one is a few million dollars, which is not a small amount, but for a single institution, it is really not a big investment.

As Li Yuankong came out alone, they were completely stunned.

The newcomer is not easy to mess with, it has become a consensus yesterday, but you almost have it, you have to chase and bite, right?

They watched the stock price drop by a few points, and they didn't enter the market, thinking that the book was ugly.

Let's get in, I don't know when it's the end.

Yesterday's test of the waters, it can already be seen that the other party is determined to pull the lever, unless it can blow the other party in one go, it is useless.

Because the opponent does not have many chips, he is more flexible.

Even they perceive that the other party may have made a hedge, and they are very bold, and it is even more difficult to pull the explosion.

Seeing that the stock price is about to fall by ten points, they are called a tangle in their hearts.

But this is far from the end, just the beginning.

At two o'clock in the morning, Li Yuan saw that those people were not moving, and decisively opened the second round of short orders again.

This time it was smashed more thoroughly, because the undertaking strength was weaker.

Two or three million dollars per stock was smashed, and in the end, no one took over.

Directly penetrated the bottom line of twenty points.

At this time, as long as he pulls from twenty points underwater to two points on the water, all of Li Yuan's empty orders have to be liquidated at this time.

The more the enemy does not move, the greater the chance Li Yuan feels.

"Open a long contract with a backhand, and the same leverage is six times."

Li Yuan gave the order again.

Twenty points of chips underwater, since no one took it, he took it himself.

It is equivalent to taking the broker's chips in your own hands, although you don't make money, and you even have to lose the handling fee.

He only took on about twenty points underwater, and he didn't want chips from any other positions.

On Wall Street, many institutions can't eat at noon, and the cigar cabinets that are used to celebrate on weekdays have a headache when they see them.

Twenty points is definitely the bottom line of Wall Street institutions.

Investors will take a look tomorrow? Good guys, you lost me a dozen points in one night?

Redeem! Redeem!

Let you manage the funds, it's not as good as my dog's management.

So after breaking through the position of twenty points underwater, the Wall Street people couldn't sit still.

Although they are all small institutions, such institutions, the beautiful country has to go bankrupt hundreds every year, but they can't be bullied like this......

Just because they don't have a lot of money doesn't mean they don't have money.

Where did the name capitalist state come from?

They can be regarded as small capital, and they can be regarded as the masters here.

They don't know who is causing trouble this time, whether it is a foreign organization or a domestic counterpart, but they have been bullied to the face, and they will not endure it forever.

Those who play with capital, every money they earn, carry blood.

I didn't think it was a good deal after trying it before, but now I ......

As some phones rang gradually, at about half past three, the whole board began a major counteroffensive.

……

When Li Yuan saw that there were funds to enter the market and began to violently pull up, he knew that the other party couldn't help it.

At the same time, he has only opened more than a billion dollars of contracts, fifty percent of which are his own, and the other fifty percent are scattered chips from the market.

The current situation is to hold a long position of $2.4 billion, of which $1 billion is leveraged contracts.

Holding $1 billion in short positions, all of which are leveraged contracts.

The remaining funds are only $180 million.

When the stock price began to rise, Li Yuan immediately issued an order: "There is 180 million US dollars left, and all short orders will be opened at the water surface!" ”

He is not allowed to liquidate.

As long as you can continue to open $180 million short orders at that position, after accumulating leverage, it will be more than $1 billion short orders, which is enough to pull your liquidation line up by about eight points.

In that case, the stock price will have to rise to 10 points before you can liquidate your position.

From twenty points underwater to ten points above water, there are thirty-two points waiting for them.

Maybe for them as a whole, it is not so difficult to pull up.

But if each family doesn't come up with one or two million dollars, it will definitely not be able to pull it up.

If you can come up with $10 million or two, then it shouldn't be a problem to come up with $10 million or two, right?

Can't take it out?

Oh......

Wall Street's counteroffensive was surprisingly unanimous.

When Li Yuan saw it, he smiled.

It shows that the information behind them is completely shared, if not all of them, at least at the level of two or two.

And those people also realized that their opponents were the same.

But they didn't have the authority to find out what Li Yuan was.

And there has never been any foreign capital to engage in them, so they subconsciously believe that some big capital in the beautiful country wants to draw their blood.

This is the law of the jungle, and the world's financial markets must abide by this rule.

Either resist or watch others cut flesh on themselves.

McFusson is a small man on Wall Street, and his company manages only a billion dollars, which was created by increasing bubbles over the years.

In fact, if you have to liquidate your holdings, you won't be able to liquidate $500 million.

And the amount of money he has to pay out to investors at this time is $700 million.

This is a game of beating the drum and passing flowers, as long as investors continue to come in, and the previous investors do not withdraw all together, he can maintain the bubble and maintain the scale of his company making tens of millions of dollars a year.

But in the event of a run, his company would have to go bankrupt.

There is no financial company that is not leveraged, and it is impossible for those who play securities to bubble.

Bubbles are profit points, and bubbles are also things that kill people.

The bigger the bubble, the more money you make.

In the same way, the bigger the bubble, the more desperate it is to die when it takes people's lives.

Now he is facing a situation where if he is allowed to be suppressed by the other party, then his bubble will be burst, the company will definitely go bankrupt, and after the run, even if he can file for bankruptcy protection, he will never be a billionaire and become poor, this situation is unacceptable to him.

In a beautiful country, even if the poor live another ten lifetimes, it is impossible to turn over.

The offspring of the poor do not enjoy high-quality educational resources, and even if they work hard and have good academic performance, it is almost impossible to get a letter of recommendation from a prestigious school.

Once you have lowered your class in the beautiful country, if you want to cross the class, the chances are likely to be the same as 'do you believe that I am Qin Shi Huang or believe that he can cross the class'.

So, McFusson couldn't sit still after seeing his heavy stock smashed by 20 points.

This performance will be taken out tomorrow, and the investors who ask for redemption on the same day will break the company's threshold.

And since then, his company has been finished.

It's not just him, many people are like him.

In today's fragile economic climate, such losses cannot be sustained.

Investors are like monkeys who can change the distribution plan or a little less, but they must not change from three to four to one and two, and they can't afford such a price.

They decided to fight back, even if the other party had a lot of money, but they could mobilize a lot of money to enter the market if they wanted to.

This time, they won't give their opponents another chance.

They have to blow up their opponents in order for them to survive.

And it can also make the market continue to go up and maintain the superficial prosperity.

On the surface, they still have a choice, but in reality they don't have a choice at all.

Between bankruptcy and desperateness, no one chooses to go bankrupt.

As their money came in, the stocks visible to the naked eye were pulled up.

In the U.S. stock market, such violent fluctuations are very common, but many small stocks are buried in the broader market and are not known.

From twenty points underwater, it quickly pulled to five points on the water, and it took less than five minutes.

The money in the market was very consistent, and each company used one or two million dollars this time, and now it has only spent a few million dollars.

Soon, the stock price touched the position of ten points above the water.

This is a warning line and there may be a situation of liquidation.

However, McFuson's expectations were ultimately disappointed.

A large number of chips fell directly in this position.

McFuson's heavy stock was smashed by nearly $50 million.

Such a large amount of chips, if you want to eat them, will consume a lot of their ammo.

I don't know how much it will cost to prepare one or two million dollars.

The good thing is that they are not fighting alone, but a group of people.

They had been mentally prepared for a long time, so this time they did not back down.

Quickly ate the chips thrown by the opponent and continued to counterattack upwards.

This time, the chips came again......

It's still at ten points on the water.

What does this mean?

It shows that the chips sold by the other party for the first time are not short contracts, if so, then the liquidation line will be pulled up.

"Man, the other party has added a short order again, and the other party has lost his hedged chips, he is already a lion without a claw, we can fight hard!"

Without hedging, those short orders are decorations, and the enemy can only keep adding margin or keep opening high short orders for hedging, which is equivalent to drinking water to quench thirst.

The more the opponent raises, the greater the loss when the final liquidation occurs.

It's a point of no return!

"Evan, this is still yesterday's play, we will be treated as clowns!"

"Yes, we're clowns, but we're never always like that?"

"I want to take off this mask."

"Then you'll be killed!"

McFusson didn't expect his old buddy to not want to play at this time.

"Evan, we can't fight big money, just like we don't dare to look at the goddess at a drinking party, as long as she glares, we will pull the crotch of our pants."

“fuck！ What the hell are you bastards talking about! You want to be a traitor! Not only will you go bankrupt, you'll lose your life! ”

The so-called traitor is in this position, out of his own chips.

After all, it has risen by ten points, and whether it is a light or heavy position, it is easy to run away in this environment.

The cost is to become a traitor to the whole group, and let other funds take on the more pressure.

"Hey, Evan, I'm just kidding, I'm going to keep our line of defense, just like I wouldn't steal an appointment with the young woman next door, my character deserves everyone's trust."

When McFuson heard this, his doubts were not dispelled, but became more and more uneasy.

Because......

He wants to run too!

is already in his fifties, and as long as he can cash out at a high level, then the chips in his hand will not be discounted.

Get more than a billion dollars in cash, cash out $700 million to those investors, and still have hundreds of millions of dollars in their hands.

You can buy a small island in Hawaii for a vacation......

If he doesn't come out for the rest of his life, it's impossible for those damned poor people to find him.

Soon, even under the suppression of a large number of empty orders, the position of ten points was still broken through, and quickly rushed towards fifteen points on the water.

It's no different from yesterday, it's nothing more than the transfer of the liquidation line.

McFuson's heart is impressed!

Very, very exciting.

This may be his only chance, the only chance to control his own destiny.

At other times, he can only be a clown, but this time he can control his fate.

As long as you sell a few stocks in this position, your own payment crisis will be lifted, and you only need to face the suppression of your peers.

How can anyone be unselfish?

He called his old buddy and said, "Old man, I know you're in a hurry, but you'd better not be in a hurry, you have to think about the price of your betrayal, even if you take the money to buy a small island in Hawaii, someone will blow up your island!" ”

And he wasn't afraid, because he didn't have to go to Hawaii......

(End of chapter)