Born with rich bones

There is no fixed place for foreign exchange margin trading, and information is usually obtained through telephone and telegraph communication.

Therefore, whether the first-hand information can be obtained as quickly as possible is the main focus in foreign exchange trading.

The Lewis coffee shop opposite the financial street has become a trading place for foreign exchange speculators. As far as the eye can see, countless people hold mobile phones or bp machines and stand in line in front of the telephone booth.

The person in charge of the Huijiang Overseas Brokerage Firm introduced by Manager Zheng waited for a long time at the Louis Coffee Shop. When he saw Manager Zheng, he stood up quickly and greeted him with a smile: "Brother Zheng, long time no see. How are you doing?"

Manager Zheng: "TOEFL."

After greeting each other, Manager Zheng introduced Luo Bai to him: "This is the big customer I introduced to you, Luo Bai. Luo Bai, this is Lao Jin, the head of Huijiang Office."

Lao Jin is an unassuming middle-aged man, his shrewd eyes can only be seen when he looks up.

Although Manager Zheng said that the big customer was very young, Lao Jin never expected it to be a child.If he didn't know what Manager Zheng was like, he would almost have thought he was playing tricks on him.

Luo Bai stretched out his hand: "Boss Jin, hello."

Lao Jin hurriedly shook hands: "Hello, hello, hiss—Mr. Xiao Luo is really young and promising. I have received so many customers, and you are the youngest."

Luo Bai sat down, raised his head and said with a smile: "Then I have to take advantage of my young age, please take good care of Brother Jin."

Lao Jin laughed twice: "You call me brother, I will definitely do my best."

After all, it is a cooperative business. If the customer makes a lot of money, then their Huijiang office can not only make money, but also open up the market with their reputation.

Don't you have to do your best?

It's just that the child in front of him is too young, and he may be just playing around with foreign exchange transactions.

If they don't know how to command blindly, then it's their office that suffers.

Lao Jin smiled on his face, but secretly complained in his heart.

It was heard that Luo Bai was playing foreign exchange for the first time.

It's the first time I play, I can't stand the stimulation, I'm easy to be greedy and very blind, either arrogant or timid.

Their office is most afraid of encountering such customers, especially when they are still underage children.

If it wasn't for too much money, they would definitely not accept it.

Luo Bai didn't exchange pleasantries, and said directly: "How many news channels does Boss Jin have abroad? How big is the time difference between domestic and foreign countries? Can you be sure to get the news before at least 90.00% of the people?"

Lao Jin was slightly stunned. Hearing this question, it was not like playing for the first time.

His heart shivered, and he quickly replied in a professional manner: "We have channels in several major financial exchanges in New York, London, Tokyo, and Sydney, including several small countries in Asia. The time difference will not exceed one hour, although there is no guarantee that we can be ahead of the exchange." 90.00% of people get the news, but it can be guaranteed within 80.00%.”

Luo Bai: "If I invest 300 million US dollars to buy [-] million US dollars worth of Thai baht now, and ask to sell all of them within two days, can Huijiang office guarantee it?"

Three hundred million dollars? !

Lao Jin almost jumped up from his seat. He originally thought that the contract would be paid with ten times leverage at most for 300 million US dollars, but he didn't expect Luo Bai to be so crazy!

外汇保证金交易的杠杆有10倍到400倍，即缴纳一定比率的钱购买远超过实际交易的货币。譬如10倍杠杆中，缴纳1万美金就可以购买到价值10万美金的货币。

And Luo Bai chose 100 times leverage, that is, he paid 300 million U.S. dollars and got [-] million U.S. dollars in virtual trading to buy Thai baht.

If the Thai baht rises by 10 points, Luo Bai can earn back 300 million US dollars, otherwise, the position will be liquidated and he will lose everything.

Lao Jin swallowed with difficulty: "Yes... Yes, but our suggestion is that you don't recommend that you directly invest 300 million US dollars to buy Thai baht. You can choose Thai baht, British pounds, euros or French francs. Although the Thai baht is currently optimistic, it is indeed rising No. But the ratio changes rapidly, and it may drop the next moment, so we don't recommend you to do this."

Luo Bai: "Brother Jin, I hope you can play a supporting role, but I don't want you to intervene in my decision."

Lao Jin twitched the corners of his mouth, but couldn't help but laugh.

So, for the first time to play, especially children's customers, it is really willful and troublesome.

"Our aim is to try our best to ensure that customers make money and not lose money."

Luo Bai: "A very good purpose, continue to maintain and carry forward."

He nodded in agreement, and suddenly changed the topic: "I need you to help me buy and sell short, follow my instructions, complete them as soon as possible and convey the message to me at all times."

The implication is that Lao Jin only needs to follow his instructions without talking too much.

"You can refuse." Luo Bai drank his coffee calmly, letting Lao Jin choose.

Speaking of this, Lao Jin didn't even have a chance to hesitate.

He does not accept, and some firms are willing to accept orders.

So, he compromised: "Are you trading in virtual market, or futures trading?"

As soon as he asked, he guessed Luo Bai's answer.

"Virtual disk."

Virtual trading is free and flexible, while futures trading has a special futures trading place. The general operation is to bet on the rise or fall of a certain currency within a certain period of time.

If you win the bet within the time limit, you will earn, and if you lose the bet, you will lose.

Even if the bet wins, as long as the deadline is exceeded, it will be a loss.

Lao Jin recorded: "When did you start investing?"

"The closing time of Xiangjiang foreign exchange trading is at 5 o'clock, so it will be before 5 o'clock tomorrow."

There are still 5 hours until 26 o'clock tomorrow, and he needs to complete a virtual foreign exchange margin transaction of 26 million US dollars within 3 hours.

Lao Jin quickly calculated the office, domestic and foreign manpower, time difference, etc. in his mind, and finally nodded: "Yes."

Luo Bai smiled and stood up: "Then, happy cooperation."

Manager Zheng wiped the cold sweat from his forehead, stared at the phone in Luo Bai's duplex apartment, and waited for the ring to ring.

Luo Bai came out: "Uncle Zheng, it's not closing time yet, so you should relax first."

Manager Zheng said with a bitter face: "There is only half an hour left, and there is no news at this moment. Uncle Zheng is old and can't stay calm."

Luo Bai sat down, took out a heavy agricultural textbook and two test papers from his backpack, spread them out on the table, lifted the pen cap and wrote his name.

Manager Zheng glanced casually, his trembling face froze.

"Luo Bai, what are you—?"

Luo Bai: "Practice, past high school exam papers."

He opened the backpack, and there was a thick stack inside: "All of them. The subjects of Chinese, Mathematics, English and Nine are complete, and the test papers of the past ten years are all there. I made some at home when I came here, and brought dozens of them. I will do it when I am free. "

These are all equivalent replacements that have to be agreed after bargaining.

Which school is willing to allow students to take a week off when the senior high school entrance examination is approaching?

If it wasn't for Luo Bai's excellent grades, the school was willing to give him privileges, and the math teacher asked him to finish all the previous high school exam papers and hand them in when the time came, otherwise he would be asked for leave?

Manager Zheng silently opened his closed mouth, feeling a little insane for a while.

Is it the same person who just talked about the [-] million deposit in front of the foreign exchange trading financial face without changing his face, and the one who is calmly doing the high school entrance examination papers in front of him?

Is that human being?

Luo Bai kindly invited, and pushed a math paper over: "Otherwise, I'll give you one paper and make a paper together. It's just a good time to relieve stress... Doing high school entrance examination papers is especially stress-free."

Compared with the [-] million deposit, the senior high school entrance examination paper made Brother Bao feel more pressured.

In comparison, those are nothing.

Manager Zheng: "...No thanks."

Luo Bai: "You're welcome."

Manager Zheng: "..."

They looked at each other silently.

Luo Bai was dejected, took back the paper, and continued to answer the questions with a stomach ache

Huijiang Office, approaching the end of get off work time, all the staff were mobilized, put down the work at hand, and concentrated on buying [-] million US dollars in Thai baht.

They have to divide into several shares and buy them bit by bit. The US$[-] million in Thai baht is too huge. A one-time purchase will definitely attract the attention of financial speculators, which may cause counter-effects and cause the Thai baht to depreciate.

Lao Jin: "There are still 10 minutes left, hurry up!"

"At six o'clock in the morning today, someone sold Thai baht in the foreign exchange market in Sydney one after another, and then moved to Tokyo. At three o'clock in the afternoon, they began to sell a large number of baht in the Hong Kong foreign exchange market. We followed closely and have purchased nearly 5000 million US dollars of Thai baht But so far, the other party has stopped selling, and there are still 5000 million baht left. We try to buy scattered baht, but the amount is too small.”

"There are 15 minutes left before the closing time, and there is still a shortfall of 3000 million. There is no way to sell Thai baht."

"The amount of Thai baht that has been sold one after another today is very large. If we and other speculators in the world did not buy in large quantities, it may cause turmoil. Boss, are you really sure that the big-money customer will continue to buy Thai baht?"

Lao Jin: "Stop talking nonsense, continue!"

"I can't help it! International speculators have also noticed this and started to compete with us for the market."

"Boss, we can't complete the task."

"The market is closed!"

Lao Jin rushed to the computer to look at the data, then snatched his subordinate's microphone and hurriedly gave instructions to the opposite side.Turning around and ordering everyone: "Continue, Xiangjiang's market has closed, but London and New York markets have not."

So everyone worked hard, busy in full swing

clang clang-

At 5 o'clock, the closing time, there is no news yet.

Manager Zheng: "Failed?"

Luo Bai turned over the scroll and continued to work on the question without raising his head: "Calm down, Uncle Zheng. At worst, we can continue in the market tomorrow morning."

Besides, Hong Kong is closed, but New York and London are not.

If Huijiang Office is really capable, he can complete the acquisition within half an hour.

Manager Zheng was not as calm as Luo Bai, he was restless and anxious.

Ten minutes later, the phone rang, and Manager Zheng snatched it up immediately: "Hello? Lao Jin? How are you doing?"

On the other side, Lao Jin let out a long sigh of relief, suppressing his excitement and nervousness: "The mission is fulfilled, it is done."

Manager Zheng slumped on the chair and let out a long sigh of relief.

Luo Bai put down his pen and rubbed his sore wrist.

Don't look at Brother Bao's calm and calm attitude, he doesn't care about the $300 million in vain, in fact he is also nervous.

Just can't show it.

He was already young, if he couldn't act confident, who would trust him?

Looking up, I saw Manager Zheng's trusting gaze.

Luo Bai smiled: "Then now, we need to sell [-] million U.S. dollars in Thai baht."

At present, 1 US dollar can be exchanged for 27.150 baht. The baht continues to appreciate and is considered stable enough by everyone because of the fixed exchange rate.It will reach 1 USD/THB .790, up 12.00%.When the critical value was reached, international financial speculators began to attack, and the government abandoned the fixed exchange rate and changed it to a floating exchange rate, causing the Thai baht to depreciate rapidly.

To what extent has it depreciated?

1 US dollar can be exchanged for 56 baht.

It would be a bloody massacre without blood.