Inside the hotel room.
The group sat in a circle, and all eyes were on Chen Dong.
They're so young!
Many of them were meeting Chen Dong for the first time.
I don't know much about his temper, personality, or trading style.
The most common gossip I hear.
In just a few trading days, Chen Dong increased his account balance sevenfold.
Furthermore, a performance-based agreement was signed with HSBC.
Some people were puzzled, some were sarcastic...
More often than not, people are not optimistic about Chen Dong.
who are they?
Elite figures in the financial world.
Whether it's trading or market analysis, they all have their own unique insights.
Now he's being bossed around by some unknown young man who just came from the mainland.
Who can accept this?
The way the men looked at Chen Dong was tinged with mockery.
As for the performance-based agreement?
That would be even more ridiculous.
A 25% return is no small amount.
Once the amount of capital reaches a certain level, even a 10% annual return is considered good.
The terms of the performance-based agreement signed by Chen Dong stipulated that there would be a return only if the annualized rate exceeded 25%.
Does he really think he's a stock market genius?
In fact, many people scoffed at Chen Dong's achievements.
Some believe that Chen Dong's success was simply due to luck, as he happened to choose the right direction.
If they were in charge, they could do the same!
Stock index futures are like gambling; they either go up or down.
Chen Dong's limited funds also mean that the small boat is prone to turning around.
Even if you realize you're going in the wrong direction, you can quickly turn things around and turn a loss into a profit.
This operating model is also the method used by the vast majority of traders.
Stock index futures are different from futures and spot trading.
The impact of policies and news is relatively small, giving traders enough time to react.
Just like a straight line, the possibility of rising or falling by a few percentage points only exists in futures and spot markets.
However.
The newly joined traders all overlooked an important fact.
Chen Dong's operations were not as simple as they thought.
Just one overnight position is enough to outperform countless traders.
The key point is that this is a leverage ratio of 100.
Looking at the global market, which trader would dare to do this?
If the direction is wrong, the market may gap up or gap down at the open...
There's only one outcome: margin call!
on the contrary!
Henry's attitude was rather intriguing.
He stared intently at Chen Dong, his face full of excitement, like a shark that had smelled blood.
Nothing more!
Whenever Chen Dong utters words like "meeting," something big is bound to happen.
After several attempts, I followed the steps methodically.
Just like finding money on the street, it never fails!
Henry, a foreigner, became somewhat eccentric after experiencing all these things and became Chen Dong's most devout follower.
......
Chen Dong was focused on his next move and had no time to care what these people were thinking.
If you're capable, then do it; if you make money, everyone will benefit.
Those who don't want to do it, pack your things and get out of here immediately, out of sight, out of mind.
Ability is secondary; execution is more important.
Chen Dong smiled calmly and said.
"I believe you all know very well that our purpose in coming to Tokyo this time is to make money."
"My idea is to tackle this from three aspects simultaneously: the stock market, the foreign exchange market, and stock index futures."
As he spoke, Chen Dong looked at Ma Guoliang.
Although a performance-based agreement was signed with HSBC.
He decides where to invest this money.
However, in terms of fund supervision and actual use, Ma Guoliang represents HSBC.
If the funds are misappropriated or used for other purposes, Ma Guoliang has the right to stop the misappropriation and notify HSBC.
"Mr. Chen, you are the expert in this field. Everything is in your hands. I am just assisting you."
Ma Guoliang gave an awkward smile, appearing very modest.
His previous private meeting with Chen Dong left him with a lingering trauma.
I especially remember that feeling of being seen through.
Even now, Ma Guoliang is still somewhat intimidated when he sees Chen Dong.
How could he dare to offer a different opinion?
Chen Dong nodded upon hearing this; he naturally wouldn't try to guess what Ma Guoliang was thinking.
Asking for his opinion was merely out of politeness.
It's no exaggeration to say that everyone present combined is utter trash compared to Chen Dong.
"Manager Ma, how's the contact with the Japanese securities firms going? Have they agreed to our margin trading business?"
Upon hearing Chen Dong's question, Ma Guoliang immediately answered.
"We have already contacted them, and Nomura Securities, Daiwa Securities, Nikko Securities, and Sany Securities have agreed to our request."
"However, Mr. Chen, I must remind you that margin trading requires collateral of equal value, such as bonds, funds, stocks, or cash."
Chen Dong was also aware of what Ma Guoliang was saying!
Next, the island nation's stock market will fluctuate downwards.
Want to make money in a falling stock market.
This requires the use of special financial instruments, such as margin trading.
Securities margin trading, also known as securities credit trading or margin trading.
Simply put
Securities companies are like pawnshops.
When shareholders of some listed companies are short of money, they will pledge their shares to securities companies.
This chapter is not finished yet. Please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
