"Boss, why hasn't Sam withdrawn his troops yet?"
Things have developed to this point.
A joint UN resolution demanded that Iraq withdraw its troops by January 15, 1991.
at the same time.
The world's two superpowers also issued a joint statement.
Even the powerful northern nation behind Lak abandoned him at this moment.
It is quite clear that Iraq's invasion has angered the world's major military powers.
Against this backdrop, he stubbornly refused to withdraw his troops from the Kingdom of Kurt.
This is also the part that everyone finds most incomprehensible.
Upon hearing this...
Chen Dong smiled calmly and asked in return.
"The withdrawal date set by the United Nations is still several months away, so Sam has his reasons for not withdrawing from the country."
"Of course, this is only what you see on the surface. If you were penniless and had nothing, and suddenly one day you broke into a rich man's house and could take whatever you wanted, would you leave?"
Chen Dong's analogy was inappropriate, but these people didn't care.
The crux of the problem is still the issue of interests.
"Boss, you mean, Sam, he..."
Chen Dong nodded; some things don't need to be said too explicitly.
For example, gold, jewelry, antiques, bearer securities, etc.
Do you think Saad, who was frantically fleeing for his life, could have taken any of these with him?
In the end, it all benefited Sam.
Some tabloids even managed to find rare photos of the Cotter Hill royal estate being dug up.
Chen Dong's words drew sighs from the crowd.
This analysis examines Sam's psychology at this moment from a human nature perspective.
Yes, if it were them, they would probably do even more crazy things than Sam.
That's why Chen Dong is the boss, and they are just the operators.
The difference in their level of understanding limited their vision to the surface, causing them to overlook deeper things.
The core of capital is making money, and the market is the best touchstone.
Subsequent events proved Chen Dong's point of view to be true.
Sam did not immediately withdraw his troops, but withstood international public opinion and pressure, and remained within the territory of the Kingdom of Kurt.
Meanwhile, the price of international crude oil continued to rise during this period.
$25.
$30.
$40.
By September 27, the price of international crude oil had broken through the $40 mark per barrel, shocking everyone.
"Now, let's clear out all our long contracts."
"Yes, boss!"
Wangcai responded and quickly issued the order to close the position.
The 30,000 long contracts were divided into 50-100 contracts for closing out.
Half a day has passed.
All 30,000 long contracts were closed out at an average price of $39.88.
During this period, international crude oil prices rose from a low of $16.06 to a high of $40.1, an increase of 250%.
certainly!
In actual trading, it's impossible to buy at the lowest price or sell at the highest price.
Chen Dong was quite satisfied with closing out 30,000 long contracts at an average price of $39.88.
Furthermore, he also knew that the highest price of crude oil in this round was not the current $40.1, but soared to $41.15 a barrel, which was also the highest price in recent years.
However, too much of anything is bad.
If Chen Dongzhen chooses to close his position at $41, a stampede is very likely to occur.
When that time comes, I might not earn as much as I do now.
"Boss, all positions have been liquidated."
Wangcai said to Chen Dong with an expression of admiration.
He admired not only Chen Dong's chart-reading skills, but more importantly, Chen Dong's character.
Anyone who has invested in stocks and funds knows this.
Buying a good stock or fund is relatively easy.
But if you ask, "Have you made any money?"
Eight out of ten people will tell you that they only made enough to cover the cost of vegetables.
The other two may even incur losses.
In financial market terms, it means they couldn't hold on to it.
On the contrary, you have a special fondness for those loss-making stocks, and you'll even use the money you make outside to subsidize them.
This is the psychology of game theory.
As profits increase, so does one's psychological resilience.
I will take profits as soon as there is even the slightest fluctuation in the market.
However, not long after, when you see that the stocks you once bought have skyrocketed, you will feel conflicted about whether or not to gamble again.
This is human nature.
Chen Dong gave Wangcai the feeling of being a bottomless well, his expression always so confident and indifferent.
It makes people blindly trust him.
"Okay, thank you for your hard work."
Upon hearing this, Chen Dong smiled and nodded.
now.
The funds in the account have grown from an initial principal of $60 million to $751.8 million, with a total profit of $691.8 million.
That's equivalent to the principal increasing more than 11 times.
Chen Dong was very satisfied with the number.
As for whether or not to short sell, he had indeed considered that question.
Once or twice can be explained as luck, but what about three or four times? You could say it's skill.
But how do you explain that you can double your money every time?
To outsiders, it would be truly hard to imagine.
When the principal is small, it can be explained by the saying "a small boat is easy to turn around".
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