Rebirth My boss is too rich!
Chapter 106
After knowing who Su Zhe was, Cheng Liang stopped talking nonsense and asked someone to open an account for Su Zhe.
Just kidding, does the little stock god still need to worry that he can’t bear it mentally?
Without this mentality, why would we be speculating on the top ten stocks?!
In fact, this thing is almost the same as futures. Both orders can cost tens of millions.
But what Cheng Liang didn’t expect was that the little stock god who had dominated the stock market for nearly a month would actually be so young?!
No wonder he can be called the god of small stocks instead of the god of stocks
In Cheng Liang’s opinion, this little stock god is far more powerful than the stock god.
“100 million!”
“He actually invested 100 million to speculate in futures. This is really crazy. The futures industry will probably go crazy soon… I have to say that the god of small stocks is indeed the god of small stocks!”
“admire! I really admire it!”
“I guess Buffett doesn’t have this kind of courage, right?”
Cheng Liang was talking to himself, while Su Zhe took out his laptop and installed Yuanda’s futures trading software there.
This software was specially developed by Yuanda. It is similar to stock trading, but it is different.
First, futures can set a leverage ratio, usually between 1x and 100x.
For example, Su Zhe has 50,000 yuan in cash. If he buys stocks, he can only buy 50,000 yuan. The maximum profit is 5,000 yuan, which is 10% of the daily limit. Moreover, A-shares implement a T+1 policy, which means that he has to sell the stocks the next day. make this money
The market opened low the next day. In fact, the 5,000 yuan was not earned.
Futures are different. First of all, it is a T+0 transaction. That is to say, you can buy and trade on the same day, or even one minute apart, which guarantees high returns.
Moreover, if you put 50,000 yuan in cash into futures, you can set the leverage ratio and increase it to 5 million yuan. This is the effect of 100 times leverage.
If this 5 million yuan increases by 10% that day, you can earn 500,000 yuan!
With a principal of 50,000, you can earn 500,000 in one day. This is futures!
But correspondingly, if your leverage ratio is 100 times, if you lose 10%……That is a loss of 500,000 in one wave. Not only is the principal of 50,000 lost, but one also owes 450,000!
This is high risk. Many people who jump out of the building just set the leverage ratio too high, and then jump out of the building directly after taking on debt.
Leverage ratio can be used to measure the magnification factor of”using small to gain big”. The higher the ratio, the higher the investor’s profit rate.
But inevitably, the risk of loss it may bear is also greater.
However, China’s futures market is relatively safer than abroad.
Many of those who jump off the building are basically individual investors who speculate in crude oil and gold. Domestic futures require a margin for trading, and capital verification is also required, at least to prove whether you have the ability to repay.
Otherwise, obviously you will not be allowed to enter the market, but this is to protect the life and interests of investors as much as possible.
Su Zhe said 100 million to reassure Yuanda in future big transactions. Otherwise, with a leverage ratio of 100 times and a direct investment of 10 million, Yuanda would obviously be frightened.
And with this 100 million in security, Su Zhe’s subsequent transactions will be much smoother.
……
Soon, Cheng Liang opened Su Zhe’s futures account.
“Mr. Su, you don’t need to put so much cash in your account. You only need to pay a 5% to 10% deposit. How much are you prepared to put?”
Cheng Liang respectfully handed the relevant formalities to Su Zhe. After Su Zhe put it away, he smiled and said:”10 million, what is the allowable leverage ratio in the country?”
“Haha, this depends on your trading futures!”
Cheng Liang explained patiently:”The leverage of each futures variety is different. For example, the margin rate of commodity futures is generally 8%-15%, and the corresponding leverage is 6-15 times. The margin of agricultural product futures is 5%- 10%, corresponding to 10-20 times leverage!”
“Among financial futures, the leverage of stock index futures is 5 times, while the leverage of treasury bond futures can reach 50 times. Crude oil futures… are not currently available in C
hina. For foreign exchange, the leverage can reach up to 100 times!”
“That’s it!”
Su Zhe really didn’t know this. He thought that all commodities could be increased 100 times.
“Mr. Su, what type of futures are you planning to speculate on? I can introduce it to you!”
Cheng Liang was a little confused. Logically, a big stock investor like Su Zhe should know something about futures, but from the looks of it, he didn’t seem to understand what futures looked like.
he feels strange
“Agricultural products!”
Su Zhe answered casually. Although Cheng Liang had some doubts, he still took out a brochure.
“These are the three major exchanges in China. They mainly trade futures types. We Yuanda can act as agents for all of them… The main trading varieties of Shangdu Exchange are wheat, sugar, rapeseed oil, cotton, mung beans and other crops!”
“The top link is soybeans, soybean meal and other soy products!”
“As for the magic city, it mainly contains precious metals, such as copper, aluminum and natural rubber!”
“At present, we recommend precious metals. This is a relatively stable type both at home and abroad. Agricultural and sideline products are unique to China. There is too much room for speculation. I personally do not recommend it!”
Cheng Liang said in a very professional tone. Of course Su Zhe knew that precious metals are stable, but the prerequisite for stability is small profits.
Only by being unstable can you make big money!
“Mung beans, I’m going to buy some mung beans!”
“Green…mung beans?”
Cheng Liang was stunned, but still said patiently:”Currently, the maximum allowed leverage in domestic mung bean futures is 20 times, and the margin is 5%. Mr. Su… Do you want to do mung bean futures?””
Cheng Liang couldn’t help but ask, but there was already an uproar in his heart.
Mung beans, this can be said to be the most popular futures in China, no other
Of course, that was before!
As the earliest and largest Shangdu Futures Exchange in the country, the futures transaction volume last year reached 2 trillion yuan, and the mung bean variety alone reached a sky-high transaction volume of 1.2 trillion yuan.
You can imagine the craziness of this kind of agricultural product
However, because mung beans are so crazy, in January this year, mung beans once again became an upstart in the futures market. The price was maliciously raised from 2,400 yuan/ton to a sky-high price of more than 4,000 yuan/ton in just three days. The futures and current prices deviated seriously. It also caused huge losses for short sellers
The entire futures market almost collapsed, and spot stocks were also robbed. In the end, there was no other way, and the government directly issued an approval document.——《Zhongshangjiaozi (1999) No. 10》
Wen announced:”After the market closed on January 18, 1999, all positions held by the exchange in the mung bean 9903, 9905, and 9907 contracts were hedged and closed at the settlement price of that day.”
This means that all transactions in these contracts will be hedged to zero overnight and all spot delivery will be terminated.
The mung bean variety was even taken off the shelves by the exchange.
Not allowed to trade
It was not until March this year that mung beans were listed on the exchange platform again, but… it is no longer what it was back then.
Everyone is afraid
I am afraid that mung beans will be controlled by the state again overnight. This will definitely cause huge losses.
Now, when Cheng Liang heard that Su Zhe was going to fry mung beans, he felt that the guy sitting across from him was not very courageous!
On the cusp of this storm, you actually… dare to hype mung beans?
Cheng Liang obviously thought that Su Zhe was going to stir up the mung bean market again!
This is… the rhythm of going against the country!
“Mr. Su, do you… do you know about the 1.18 incident?”
Cheng Liang felt that it was necessary for him to talk to the bold guy in front of him about what happened.
In fact, it was also because of this incident that the 14 domestic exchanges became three. It was also because of the 1.18 incident that the country issued four consecutive announcements half a month ago.
This incident has really had a far-reaching impact on the entire futures industry.
And now this guy Su Zhe actually wants to touch his tiger’s beard at this juncture?
I’m really not afraid of death!
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