big financier

Chapter 93
In fact, Zhang Zuguang has also worked very hard during this period, because he can also receive a monthly salary from now on, so it is impossible for him to stop doing something all the time.

However, he has not yet started renting an office building in Pengcheng, nor has he registered a branch office, nor has he even quit his original job.

According to Pei Guangqian's vision, Zhang Zuguang is responsible for the overall construction of overseas investment departments such as crude oil and Hong Kong stocks. However, Zhang Zuguang may not be confident enough. He only asked Tu Yuqi to get 200 million yuan of funds, and his old cousin Xie Guangming was established. A financial studio.

The short-selling market of crude oil has been missed. Zhang Zuguang listened to Xie Guangming's suggestion and planned to start doing long.

Pei Guangqian didn't say anything, anyway, Zhang Zuguang had given full power to handle this part of the transaction, so he didn't intend to interfere.

The price of crude oil futures is about 20 dollars. Although the current situation is not very good, the price is close to the price of drinking water. It is reasonable that crude oil will not always be cheap in the future. If it can rise back to 40 dollars a barrel , then you can earn twice as much.

Anyone can calculate simple math problems, and ordinary people generally understand it this way.

The two brothers found a platform that does not provide leveraged trading. In Xie Guangming's words, even if crude oil falls to $1 a barrel, it will definitely not be liquidated.

I bought a contract of 5000 barrels on that platform all at once, and I also bought some in domestic banks.

Zhang Zuguang reported all these things to Pei Guangqian, and slowly, Pei Guangqian began to pay attention to the dynamics of the crude oil market.

The crude oil price war has been going on for some time. Several oil-producing countries are said to be renegotiating and convening a production reduction meeting. Crude oil suddenly jumped from 20 dollars a barrel to 29 dollars a barrel, an increase of more than 40%.

But this ghost thing fell very quickly, and it fell a few knives a bucket in an hour or two.

Pei Guangqian felt that it was necessary to intervene and guide Zhang Zuguang: "I think you should reduce your positions. The long and short positions of crude oil are changing too quickly, and taking profit is the last word."

Although Pei Guangqian didn't know much about crude oil trading, he made money so quickly. If he didn't make a profit, the cooked duck would fly away.

He understands this truth, and this kind of thing happens every day in the financial market.

"Guangqian, don't worry, I understand. Guangming has operated those accounts and reduced some of his positions. Originally, he wanted to establish a hedging position, but I think he is not good enough. If he can't do it well, there may be some loss, so I didn't let him do it."

"Okay, I believe you. After all, you have been practicing in the stock market for so long."

In fact, since Zhang Zuguang independently operated his own funds, I heard that he suffered a lot of losses in the stock market and all previous profits were lost.

However, his operation is often unstable, and losses are common, but sometimes he earns like this time, and he earns back all at once, so Pei Guangqian is not very clear about the specific situation.

Besides, Zhang Zuguang was only responsible for a small amount of funds, and after persuading him several times to go to work in the original company, Pei Guangqian didn't take this matter seriously.

Over the next few days, crude oil continued to fall, almost falling back to $22 a barrel.

As the international voice for crude oil production cuts is getting higher and higher, it seems likely that a meeting of several oil-producing countries will be held. Pei Guangqian wants Zhang Zuguang to add back the lost long positions.

There is nothing wrong with this idea, and Zhang Zuguang immediately implemented it.

A few days later, the exciting moment finally arrived. According to judgment, a new bull market was about to start.

Zhang Zuguang took advantage of the time of the meeting and asked Xie Guangming to keep an eye on those accounts. He would make corresponding operations if there was any change in the market.

The original price did not live up to expectations. It suddenly broke through 24 dollars from 27 dollars, and then returned to the 28 dollars level again.

Earned again.

Unexpectedly, it was too late to be happy. Within half a day, the crude oil contract suddenly dropped again, and soon fell back to the level of $25.

Missing the best time to close the position, Zhang Zuguang simply did not intend to operate.

After reading the analysis, commentary and news reports in the market, it is said that the production reduction agreement has not been negotiated and cannot meet expectations, which is also the main reason for the decline in crude oil contract prices.

Several people quarreled for a long time without any results, not to mention a meeting involving so many countries, it would be hell if they could come up with any constructive solutions.

In particular, some small oil-producing countries are playing tricks at this time, ignoring their cooperation, and threatening to continue to cut prices if other countries do not do so.

See you soon.

But some people just like this.

But in fact, the cheaper crude oil is, it is really good for the common people, but as a financial person, Pei Guangqian can only watch the market changes. After all, no matter how cheap the price is, adding oil for a lifetime is not as expensive as the few contracts they hold in their hands. ah.

"Why don't we go back and short it? The price of this crude oil will not be fatal if it falls. Oil-producing countries can count on this stuff for food. The poorer they are, the more they want to sell it. Even if the price drops, they can make money as long as they sell it."

Pei Guangqian warned Zhang Zuguang and intuitively told him that what happened recently was not normal.

"It's okay, even if it falls to a knife and a bucket, there is no problem, and it will rise back sooner or later." Zhang Zuguang disagrees.

But the price of crude oil has fallen all the way without a rebound. Will the truth really be like what Zhang Zuguang said?
Pei Guangqian began to study the futures contracts of several major exchanges, and found that this month's contract was about to start rolling over, and the price difference between the two contracts that he thought was about to differ by more than 10 knives.

Zhang Zuguang’s strategy should be problematic. If there is a rollover, according to the rules, even if the water is directly raised by 10 knives, in principle, they do not earn a dime, and they have to pay the handling fee.

Pei Guangqian immediately informed Zhang Zuguang of the situation.

"Thinking about it this way, it seems that what you said is true, but Guangming said that the platform he found is not so troublesome, and the situation you said does not exist, so let's take it and make sure that you will not lose money."

Something must have happened, but Pei Guangqian himself was not sure, he didn't know what platform Xie Guangming was talking about, and he had no actual experience, so it was hard to refute.

Unexpectedly, just a few days later, the crude oil futures contract went out of the price of negative 37.63 dollars a barrel in the early morning.

The reason is that the oil storage depot is bursting, and the crude oil dealers have to pay for the oil to be taken away.

What a nonsense reason, how can this be convincing, elementary school students won't believe it.

After all, he might still be sniped by those inhuman guys on Wall Street, the most hateful talents in the world.

Zhang Zuguang reported that all the funds and profits in the crude oil account were gone. Not only that, the part of the contract bought in the bank lost the principal, but he still owed the bank more than 150 million yuan.

"Hey! You are losing money! You are nothing!"

(End of this chapter)