Rebirth: Let's Talk About 1984

According to reports, this story begins at an entirely unscientific moment: Zhou Ziye, a designer who rose from creating counterfeit mobile phones, suddenly time-traveled back to the year 1984.

...

Chapter 605 Earning a Little Money as Pocket Money

Xing Baohua learned from Captain Li that Wang Dalu from his hometown had gotten into a big misunderstanding over scrap metal, and he immediately chuckled.

Well, this misunderstanding is indeed huge, and the fact that it wasn't resolved properly has caused Wang Dalu to feel wronged.

Xing Baohua had no idea that these were all hard currency; he should have sent someone over to check them out.

The General Armament Department didn't treat him unfairly; they added a little to his profits. Steelmaking is still steelmaking, so whether he lets the General Armament Department use him as a target or repairs and sells him, at least he won't lose money.

Xing Baohua felt this hard currency was troublesome, so to avoid trouble and misunderstandings, he had the assembly personnel directly liaise with Andrei.

As time goes by, winter is approaching, and Christmas is just over a month away. There's a lot of fog here in Daying; these days, there's no such thing as smog.

Xing Baohua felt that this was not fog, but smog.

Seeing this kind of weather, Xing Baohua always tells people around him to wear masks. Waiting for the market to move requires patience; the pound has been fluctuating around 1.93-1.98, going up and down.

He drove a group of people to the brink of despair, leaving them with a lot of room for maneuver. Basically, when the market started to fall and a trend emerged, Xing Baohua would close out the next few profitable positions.

Professionals frowned upon seeing Xing Baohua's actions.

Is this a financial oligarch with a professional team? It's just like the behavior of a small-time investor!

How did he manage to take down Wall Street and international speculative capital?

Someone with this level of skill dares to trade in the world's largest forex market? Or is it a gamble? Who gave him the courage?

The Sun newspaper has been specifically targeting Xing Baohua these past few times, showing no mercy in its mockery.

He closed out a batch of profitable orders to make a big move at the peak. Nobody knew Xing Baohua's plan, which is why there was so much ridicule.

In fact, Xing Baohua was also very upset. She originally wanted to test the waters first and place a small number of orders.

Who knew that a single flap of a butterfly's wings could cause so many things to go off track? Xing Baohua didn't dare wait for the peak, so she tested the waters step by step and placed her order too early.

But it's okay, we can still adjust. We'll adjust little by little amidst the risks.

He made some simple adjustments, but so many people and institutions watched his trading methods and tried to learn from them, only to end up cutting their losses and losing money.

Using the remaining funds to short sell at a higher price is a common practice among beginners in the industry, and many of them have had this experience.

In the end, as they continued cutting losses, all the money in their accounts was gone.

After observing Xing Baohua's trading strategies over this period of time, I suddenly realized that Xing Baohua's success in the financial world is due to the connections he has.

However, this person didn't offer any advice to Xing Baohua after he joined Daying, or even when he was placing orders. What does that tell us?

This means that the expert behind Xing Baohua left him, which led to this guy's novice-like and despicable methods.

Perhaps the two had a disagreement? Perhaps Xing Baohua didn't give them enough money, or maybe they had a falling out?

What are we waiting for? Quickly find out who's behind Xing Baohua and recruit them.

Whether it's Haina or Huahong, many people suddenly receive commissions with dazzlingly high salaries, all for the purpose of finding Xing Baohua's chief economic analyst.

Xing Baohua was both amused and exasperated after receiving the message from the company's informant.

The informant was instructed to confirm, through phone calls and emails, who had received the money, and then have these individuals donate it to Project Hope.

Xing Baohua has approximately $1.8 billion in spare cash that he hasn't touched.

Including previous losses and recent profitable trades, after closing out the positions, Xing Baohua's actual loss was 2.8 billion US dollars.

The 2.8 billion is the actual amount lost; the orders he placed are still incurring losses.

If the pound continues to rise, he will need to use $1.8 billion to cover his position.

Right now, he seems to be under less pressure, but it still feels like the hawks are holding back a big move as they hover at low levels.

Just a few days later, the European Union held a monetary unification conference.

The Great Eagle pound is having a blast in the free market, isn't it? Who would want to join a fixed exchange rate system?

It's impossible to bind the Eagle Pound to a fixed exchange rate.

Subsequently, the Eagle's finance minister said NO to the European Union.

I decisively declined their invitation.

The pound immediately surged, showing no mercy to anyone, and skyrocketed.

Seeing this, Xing Baohua smiled, urging everyone to perk up and prepare to place orders for the two items.

Then he told Xiaotian to set the price of all transactions at 1.9999.

If the price reaches 1.9999, it's equivalent to a transaction at the 2.0000 price level.

This is one way to grab orders; even if slippage occurs, Xing Baohua is not afraid of not being able to close the deal.

Because some mechanisms, after encountering a major resistance level, will only touch it briefly and then immediately reverse course, giving you no chance to complete the transaction. Sometimes, they might even break through the resistance level and then immediately reverse course.

Xing Baohua was right; the price would only be around two yuan, then quickly drop back to below two yuan.

Xing Baohua's lowest order can only hold at a price of 2.0004. If it exceeds that price by even one point, the account will be liquidated.

It can instantly lose five hundred million US dollars.

If the price fails to break through 2.0004, Xing Baohua's profit from this trade will be at least 50 million to 100 million yuan.

There's no way around it; the initial trial multiplier is only 100x. If you see a 10% profit, that's a huge win.

Xing Baohua is indeed no match for Uncle Suo. Uncle Suo spent more than half a year setting up ambushes, but the actual battle only took one day. He also had tens of billions of yuan in funds, but made a profit of more than one billion US dollars on that day.

Profit and run. Don't give the enemy a chance to retaliate.

But what about Xing Baohua? He engaged in high-profile betting, and now he's mired in a quagmire in the financial market.

The pound quickly returned to around 1.95, and then took three days to reach 1.98. Xing Baohua believes that it will break the 2 yuan mark in less than two days.

This chapter is not finished yet. Please click on the next page to continue reading the exciting content!