This applies to the A-share market, and it applies to stock markets in other countries as well.

Every listed company's stock is filled with major institutions and market manipulators.

Furthermore, many major shareholders of individual stocks have intricate connections with the shareholders of listed companies.

In this situation, the intraday chart of an individual stock is really not very meaningful.

Especially in the financial sector, it's a situation where the big eat the small.

Going further up, we reach the national level and the competition between nations.

It is already commendable for a trader to understand the country's policies, guidelines, and development direction.

Is it going to escalate to a game between nations?

It's not that Chen Dong underestimated Wangcai; if he really had that ability, he would have been incorporated into the state long ago.

This is a grand strategy.

Only by standing from the perspective of an outsider can one see through the dangers within.

"Boss, when should we make our move? The market has already turned positive."

The speaker was another trader named Li Jun.

Upon hearing this, Chen Dong thought for a moment and then said...

What is the real-time exchange rate between the US dollar and the Japanese yen?

"Boss, it's 153.77."

"So, 1 US dollar can be exchanged for 153.77 Japanese yen?"

"Yes, boss."

Upon hearing this...

Chen Dong quickly started to calculate in his mind.

Exchange rates can also be leveraged.

To some extent, exchange rate leverage is more widely used, and the leverage ratio is also larger.

Common exchange rate leverage ratios are 1:100 and 1:200.

That is, 100 times leverage and 200 times leverage.

Of course, these are just the most common leverages in the foreign exchange market; there are also leverages of 300x and 400x above these.

Some companies can even leverage exchange rates up to 2000 times.

It's easy to imagine the extent of the risks involved.

Take $100 as an example. With 2,000 times leverage, the funds can be instantly magnified to $200,000.

The USD/JPY exchange rate fluctuates by 0.01 for each move.

The exchange rate for buying $100 will fluctuate by 1 yen.

Using 2000 times leverage, each fluctuation costs 2000 yen.

Converted to US dollars, it is approximately equal to 13 US dollars.

Think about it, how many fluctuations can your $100 principal withstand?

Thinking of this, Chen Dong said.

"Li Jun, using 100x leverage, sell HKD 100 million of USD/JPY exchange rate contracts, and JPY appreciation contracts."

"Boss, should we build our position gradually, or..."

"Follow your line of thinking. I'll just remind you of one thing: try to keep your holding price above 153.77."

"Okay, boss."

Chen Dong nodded, feeling somewhat helpless about the outcome.

Nothing more!

Regarding the USD/JPY exchange rate, he only remembered that from June until November of this year, the yen appreciated and reached a new low in nearly a year, around 129.

As for the rebounds and fluctuations in between, I can't remember them anymore.

To prevent accidents, the safest approach is to use 100 times leverage.

......