Judging from the one-minute K-line fluctuations, the market is fluctuating in a wide range of about 2%.
It can be seen that the price trend is indeed as chaotic as the situation.
…
At about 4:40, Liu Dawei walked out of the office, came to the public office room, and shouted to a group of traders in the company.
"Keep an eye on them all."
"The current price of crude oil is 69. Place an order with me immediately, starting at 68.09. Divide your funds into 10 equal parts and buy until it reaches 68.00!"
Just now, when Liu Dawei was looking at the K-line chart, he carefully calculated that each price level could support at least 200 million US dollars.
To be on the safe side, it is better to start buying from 68.09. After all, there is no guarantee that 2 billion rice knives can be bought at the price of 68.00.
More than a dozen traders began to place orders using 50 accounts according to Liu Dawei's instructions.
Soon, 200 million dollars were bought at 68.09.
Then 68.08, 68.07...
In a blink of an eye, the price of crude oil futures reached today's lowest point, 68.00.
One by one, the traders bought up all the funds according to Liu Dawei's orders.
The average purchase cost is 68.045.
Based on the lowest point of 68.00 and the leveraged funds of 2 billion US dollars, the loss has now reached more than 1.3 million US dollars.
Oh shit!
At this time, every trader was muttering in his heart.
The company's annual profit is only 400 million Chinese yuan. You came here and lost nearly 10 million in just a few minutes.
If the price drops any further, the company will definitely go bankrupt.
You know, the power of leverage is huge!
A mere fluctuation of 0.045 (0.07%) resulted in a loss of more than 1.3 million dollars!
At this time, some people have already started thinking about stealing resumes later.
However, Jiang Siya was listening to the crude oil price trend chart and was extremely nervous for Liu Dawei.
If the price drops another 0.39%, Liu Dawei will be liquidated and lose all his capital.
This small wave point of 0.39% sometimes happens in an instant.
Even playing on a tightrope isn’t this thrilling!
"Siya, make me a cup of tea!"
At this time, Liu Dawei smiled faintly at Jiang Siya.
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