"...Indeed, as the concerns about European debt heat up, negative news about the euro has also appeared one after another, which provides many reasons for shorting the euro. However, based on the market reaction, shorting the euro is not the only "voice", and there are still many bullish views on the euro. I think we need to be cautious in choosing leverage."

In the conference room, as everyone started discussing and various opinions appeared, Arthur did not rush to make a decision, but listened carefully to everyone's suggestions.

After all, the purpose of establishing an investment company and an investment and financial advisory team is to protect and brainstorm his various investments in the financial field that he does not understand. Only in the debate can the best ideas and decisions be born.

As Gilbert's Law says, "The real danger is that no one tells you danger."

Arthur's biggest advantage is that he has self-knowledge and knows how much he weighs. If he wants to continue to succeed, he must make full use of his talents.

And he cannot guarantee that he has always been wise, so he has to choose the best solution from the suggestions of many subordinates. If he is confused in the matter, he is afraid that no one will mention it. Being a humble person and being able to let others say you are not is the thinking of a strong person.

"If it really happens as we expected, the European debt crisis that swept across Europe really happens, I personally think that if the whole process is 100%, it is hard to say whether it has reached 100%. The market expects the probability of default of Greece to reach 30% to 40%, so its bond yield is very high.

Although there is no central bank in Europe, he still has a joint discussion on the issue, but he uses the same currency.

What is the difference between the enthusiasm and quality of work of Germans and Italians and Greeks? I don’t think I need to say more about this, everyone should also understand that I have been to Greece and Italy. The Greeks have lunch at 2 pm, and they end at about 3 pm, and they finish at 9 pm, and they eat until 11 pm, and they go to work at 10 am the next morning. They have lunch soon after working for a few hours...

The richest people in the local area are all Asians, all driving BMWs and Mercedes-Benz. Locals drive the same car as Darcia (the cheapest car in the UK). Why?

Because of the different levels of diligence, one-third of the villas outside Florence are Asian, because the labor efficiency of an Asian is equivalent to that of eight locals. Of course, there are some problems with shui, but the work efficiency is indeed very different. You say that in such a country, its currency is the same as that of a German currency, and there are inherent problems.

If the situation is that Germany has a lot of finances, spends more money, Greece has less money, and has less finances, then everything is fine. But they are all open now, so the problem of the European debt crisis is just the beginning, and there will be more problems that may be exposed later. If you want to do foreign exchange, I strongly recommend shorting the euro!"

"I think the probability of Greece's default is very high. They may even threaten to withdraw from the euro zone. Don't forget that in Greece's current situation, those who play zz may not be like Agentine back then, playing rogues. Once they choose this path, the risk of depreciation of the euro will be even more serious!"

"You can take a look at this report... The report shows that since Greece's debt crisis has exposed, hedge funds have not only shorted the euro, but also favored shorting the pound and buying ri yuan. In terms of commodities, hedge funds tend to short natural gas and long crude oil..."

"If the European economy fails to improve, it will be difficult to make money from the stock market. Central banks of various countries will print more money, so it is just to see who depreciates more. The best investment is to hold substantial assets..."

Arthur has obtained a lot of evidence from the casual words of the elites under his command. Those memories of international finance in his previous life were not something he could easily rely on to make money by knowing it.

The specific situation still needs to be analyzed in detail. Professionals need to do specific C-works. The only thing they can use is to rely on those memories and combine them with many realistic suggestions to make the most correct choice.

However, this time, everyone reached a consensus on the idea of ​​shorting the euro during the European debt crisis. The focus of the debate is whether the plan to short the euro this time is more conservative or radical?

As the debate disappeared, the conference room became quiet, and everyone's eyes were all focused on Arthur. No matter how powerful they argued, they finally decided that the young boss was still the one who made the decision.

"Let's get 20 times the leverage, let's choose the most suitable leverage. I believe that this capital scale is enough." Arthur finally made the decision.

You should know that 100 times of leverage is the most common at the beginning of foreign exchange margin, because when people choose a platform, the platform defaults to 100 leverage. Its disadvantage is that it occupies a lot of margin. For example, currently, an account with 100 times of leverage and 500 US dollars is opened on a platform. If you buy 0.1 lots of euros, the margin occupied is about 145 US dollars. Then, the available margin is 355 US dollars. When the trend of the euro is opposite to the trend judged by the customer, or it is hit harder by the market, and the ups and downs rises and downs by 200 to 300 points, then the position will be liquidated.

Because of this, many people have begun to turn to a 200x leverage or even higher model.

People with trading experience in the market will choose 200 times leverage. 200 times leverage is the most suitable for foreign exchange margin trading. It occupies less margin and investors have greater risk resistance when trading. Of course, risk resistance is in the absence of large spreads and commissions.

Although there is 400 times leverage, the higher the leverage, the greater the losses you face will be.

However, speculators like Arthur who invest $200 million in a single investment can only choose some commercial banks or large investment companies that provide foreign exchange margin trading to open accounts, such as Citigroup, huifeng, etc., to ensure the complete security of large funds. The disadvantage is that the leverage is low and the spread is large.

The foreign exchange market is changing rapidly, and sometimes favorable news enters the market. The market conditions are not only not done well, but instead fall. No one can guarantee that they will make money. After all, the risk of foreign exchange speculation is too great to be affected by external factors.

Therefore, before entering the market, not only should you have a target price in your mind, but you should close the position when you arrive, but you must also set a stop loss point, reach the stop loss point, speed stop loss, and exit the market.

The most important thing in foreign exchange trading is to make changes based on the wind and make decisions immediately. It is not the same as buying stocks. It feels that it will rise. After buying, it throws it aside, wait patiently for the rise, and then sells it after a while.

If you think about this, you will really not have enough money to trade in foreign exchange!

Afterwards, after determining the target price and setting the stop loss point, Arthur specifically asked Smith Jama to select several members and form a foreign exchange team, which was specifically responsible for shorting the euro.

With Arthur's nervous and worried mood, the foreign exchange team formally placed an order and shorted the euro on the afternoon of November 26.

This day is the Thanksgiving Day in the United States. Although Britain is completely inseparable from this festival, it does not prevent Arthur from feeling that the meaning is good. The bald eagles have established a country by plundering the natives, and now they shed tears of crocodiles, thank you.
Chapter completed!