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Chapter 220 Give Me Continue to Rise(1/2)

Just as the demonstrations were in full swing, the crude oil futures market over there seemed to be a pool of stagnant water, which seemed particularly quiet.

At 8 o'clock in the evening, when the crowds of rallying and demonstrations began to decrease, Park Ruo and Guan Qiu rushed to Wells Futures.

U.S. crude oil futures are traded 24 hours a day, commonly known as "office electronic trading". On-site seat trading is open during the day and closed at night.

There are great differences between on-site trading and over-the-counter trading in terms of trading time periods, margin ratios, and trading systems. From a global perspective, the scale of over-the-counter trading is much larger than on-site trading.

Fifth Avenue, Wells Futures.

North American crude oil prices have been suspended at $39.56 per barrel for half an hour, and the up and down fluctuates by no more than 10 cents.

Park Ruo stared at the electronic LCD display screen on the wall, frowned.

The operating room was also very quiet, with a scent of a storm that was about to blow the building.

The 3 million US dollars of paper funds are now less than 2 million US dollars left, with a net loss of more than 30%. This is still the reason why the leverage opens and the stop loss line is high. If this is not the case, there may be no penny left.

"It's time to start cleaning up~"

Park Ruo turned his head and looked at Guan Qiu at the back wall, then immediately said: "Clear all the positions, short them! Quick."

The six men and women sitting in front of the computer lined up and started operating quickly.

At this moment, someone exclaimed: "The prices of all energy products have begun to fall."

“Crude oil price $39.55.”

“$39.48.”

“$39.33…”

Park Ruo's speed is extremely fast. After feeling the strange changes in the market, he quickly made a correct judgment. After clearing the position, he put up several short orders in succession.

Five minutes later, the price of crude oil fell from US$39.56 per barrel to US$39.16 per barrel, and then the price continued to fall.

1000 short orders;

2000 short orders;

3000 short orders;

Continue to short.

$5 million;

$10 million;

$20 million;

Leveraged capital allocation has been superimposed to 20 times;

Then continue to increase to 50 times;

80 times;

100 times;

Except for Park Ruo, even Guan Qiu held his breath.

20 million US dollars, 100 times the leverage, is equivalent to allocating US$1.98 billion. At this time, even if the crude oil price rises by a few cents, 20 million US dollars will be blown up.

While Guan Qiuxin was almost in his throat, North American crude oil prices continued to fall, from US$38.16 per barrel to US$37.94 per barrel.

At 9:15 pm, crude oil prices fell to $38.25 per barrel;

At 9:35, the price of crude oil fell to US$38.13 per barrel;

At 10:01, the price of crude oil fell to US$37.88 per barrel.

At this time, crude oil prices fluctuated in a small wave, giving up 3 cents, and then remained at $37.54 per barrel.

Just as the needle was heard in the entire trading room, Park Ruo shouted: "Close the position immediately, idling a lot, 3,000 lots."

There was a crackling sound of keyboards in the operating room.

Before the market fluctuated again, all short orders were cleared and long orders were placed again, and the most conservative operation method was chosen as before.

The operating room was silent for a few seconds, and everyone jumped up.

"Wow, so handsome~"

"Hahaha, amazing~"

"If this operation is taken out, it can definitely be called a textbook-style trading demonstration."

"Boss Park, you will be my idol in the future..."

Everyone surrounded Park Ruo and said excitedly.

Park Ruo was also very excited.

Although I have had experience in operating large-scale funds, the allocation amount is not as high as today, and it is also subject to constraints from investors, so I dare not be too unscrupulous.

But Guan Qiu's complete trust gave her the opportunity to give it a try, and she had a relatively long and short opportunity with those international capital tycoons.

Such an opportunity is really rare.

Guan Qiu waited until they finished their happiness before asking: "Would you tell me how much did this order earn?"

Park Ruo didn't speak, deputy, a man named Zhang Haoxuan, couldn't suppress his excitement and smiled and said, "Excluding the handling fee, it's probably less than 60 million US dollars."

Guan Qiu: "..."

Park Ruopo said coldly: "Don't be happy too early. Money in the futures market will always be just paper wealth before it is put into your bank card."

...

Just as I was excited here, some institutions and organizations that shorted crude oil in the skyscrapers on Wall Street were stunned.

The situation they worked hard to create made wedding dresses for others.

The other party's choice was so tricky, it was like staring at their computer screen. When they just started shorting, the other party followed closely.

When the market forms a big situation, they have no choice but to follow the market situation and continue to short, so that the other party can reap profits.

The previous fluctuation was actually someone who was unwilling to give up and tried to go against the trend. However, in the face of billions of US dollars in trading volume per minute, there was no huge amount of funds to fill in, and they could only be eaten in vain.

When many financial giants were depressed, some people also noticed Wells Futures Bank and international crude oil speculators from China.

...

...

Affected by the fluctuation of North American crude oil prices, the crude oil prices on the London Commodity Exchange and Tokyo Commodity Exchange have all fallen and entered a short-term fluctuation period.

With the beginning of the Republican National Convention in the United States, the demonstrations continued.

The US authorities mobilized nearly 40,000 police officers to maintain public order, and the security funds spent have reached 65 million US dollars, which has exceeded the budget of 25 million US dollars. Even the mailboxes and trash cans near the venue of the conference were moved away to avoid being exposed to explosive products.

It is not as exaggerated as the female international student said yesterday. According to the latest poll results on the evening of the 30th, Democratic candidate "Kley" is currently leading Bushi with a slight advantage of 2%, with the support ratings of the two being 48% and 46% respectively.

Guan Qiu was not too surprised by this.

If the 10th leads, then the crude oil futures fluctuations last night will no longer exist, and international crude oil prices will maintain an unremitting advantage and fill the front.

Of course, this should be the last time.

...

On September 1, 2004, the Republican Party of the United States officially confirmed that Bu Shi was the party's presidential candidate at the National Convention held in New York State.

Once the news was released, it immediately caused a chain reaction, and crude oil prices soared by 5 percentage points, from the previous $37.66/barrel to $39.55/barrel.

Park Ruo relied on her amazing "prediction" to intercept the fool again.

As of 6 p.m. on September 1, the floating profit ratio reached 60%, 45.5 million US dollars, and the total book capital was as high as 135.7 million US dollars, with a terrifying return on investment reaching a terrifying 450%.

This is a feast of wealth, and it continues, but there are very few people who can enjoy it. Most people not only fail to make money, but also lose all their money.

When Bushi was nominated as presidential candidate, international crude oil prices never turned back, and all the energy categories were rising.

Park Ruo still maintains an accurate investment vision. In addition to crude oil, light oil, natural gas, unleaded gasoline, hot oil, and Brent crude oil have all become investment targets.

While international crude oil prices rose, Guan Qiu's wealth was also increasing at a rate that exceeded the money printing machine.

The country has called countless times and urged him to go back, but Guan Qiu has no time to take care of it.

In mid-September, the Bushi administration said they plan to complete the last 300 million barrels of strategic oil reserves by next year, bringing the U.S. strategic oil reserves to 700 million barrels.

Affected by this, oil prices rose again.

Guan Qiu's wealth expanded rapidly like a snowball.

High oil prices have also triggered a chain reaction.

In early October, Imf (International Monetary Fund) announced that "every $5 increase in crude oil price per barrel will reduce the global economic growth rate by about 0.3 percentage points, while the US economic growth rate may drop by about 0.4 percentage points."

According to the European Commission's calculations, [If oil prices rise by $10 per barrel, the economic growth rate of the eurozone will decrease by 0.75 percentage points within two years, and the inflation rate will increase by 0.6 percentage points.]

Oil prices have become the "barometer" of the global economy. High oil prices mean increased uncertainty and the economy will weaken. If oil prices remain at their current highs, 2005 may trigger an economic recession.

Guan Qiu smiled slightly at this.

Go to your mother's economy has negative growth. Now the oil price is only $44.72 per barrel per barrel. Where is this?
To be continued...
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