Su Xiaoli blinked at Gu Feihan and said with a smile: "I remember you mentioned that you knew some people from small gambling houses in the United States?"
"Betting against the bank?" Gu Feihan and Lu Sinian were both stunned.
An expression of surprise suddenly appeared on the two perfect faces.
Gu and Lu looked at each other in bewilderment. Why didn't Xiaoli take the usual route? They didn't know what had happened to him.
A bucket shop...strictly speaking, is a securities company involved in "illegal" securities business.
A major business of a formal securities company is to receive stock buy and sell orders from customers and transmit them to the exchange.
In this process, the securities company charges a commission, and the client's profit or loss has nothing to do with the securities company.
However, in a bucket shop, the customer's order is not transmitted to the exchange, but remains in the bucket shop's system.
When a client closes his position, the bucket shop settles with the client, and the client's profit represents the bucket shop's loss (excluding commissions), and vice versa.
In addition, in a bucket shop, customers do not buy or sell stocks based on the current price of the stock, but rather based on an absolute amount.
That is, regardless of whether the price goes up or down, only the buying and selling price, and the leverage is extremely high.
Suppose the price of a certain stock is $90 and you want to buy it, your transaction order will usually record: "Bought 10 shares of this stock, transaction price $90.125".
If you pay a 1 point margin, it means that if the stock price falls below $89.25, your position will be automatically liquidated.
——The loss is greater than the available funds in the account after deducting the margin.
This means that the leverage ratio for the entire process is $90/$1 = 90 times.
Therefore, it only takes a small fluctuation to wipe out the entire margin.
Bucket shops were very popular in the United States in the late 19th century.
But...because the vast majority of its transactions were ruled as "gambling transactions" by the U.S. Supreme Court, they were banned and gradually closed down as early as 1910.
Of course, the bucket shops did not completely collapse.
In fact, most of them have already hidden underground, or changed their appearance and continued to wander on the edge.
Not only in the United States...
Currently, there are many gambling houses, either hidden or obvious, in almost all regions of the world with developed financial services.
Gu Feihan and Lu Sinian...
Of course, I played it a few times.
The two of them don't have that addiction.
Sometimes when you are interested, or want to verify an analysis, or want to practice a trading system but don't have enough time, you can spend a little money for fun.
A cunning little fox smiled charmingly and looked at Gu Feihan, "Yes, you told me that yourself that day."
The reason she wanted to start in a bucket shop was because it was an institution after all.
The key is: the leverage is high enough and the results come out quickly enough.
It's perfect for testing your intuition and sensitivity.
As the saying goes, a person who kills chickens does not mind their crows, and a person who slaughters fish does not fear their fish jumping. The more "blood" you get on someone's body, the more stable your emotions will be.
The high leverage will stimulate the effect, and the future small storms will be ignored.
Lu Sinian was furious. He glared at Gu Feihan fiercely and snorted coldly with a frown.
Teach her how to learn stocks, why are you telling her this? !
Wipe your own ass!
Gu Feihan was overwhelmed.
The little girl has a good memory! I just said it casually at the time, and I just said it carelessly...
The smile on Su Xiaoli's face never changed.
The girl who begged the two bosses to take her with her when she was “doing bad things” was very well behaved.
"Just one, and I promise I'll never touch this again, okay?"
"How about the three of us play together?"
Every word and breath of this cunning little fox when asking for help is stained with "sweet honey".
No one can refuse.
While Gu Feihan was lowering his head and struggling against the "arsenic honey", Su Xiaoli quickly winked mischievously at her comrade-in-arms, Lu Sinian, who had done bad things with her, and then quickly lowered the corners of her mouth, looking obedient and honest.
Lu Sinian's mind was already blinded by the "honey", and when he received such a signal, his eyes were instantly filled with smiles and... pride.
Sure enough, when Xiao Li wanted to "do something bad", he was the first one who wanted to be an accomplice.
Physically and mentally happy.
At this moment, he couldn't help but feel playful.
"Well, then..." Lu Sinian said seriously, "Well... a little less, just this time, and it won't happen again!"
Gu Feihan almost lost his breath when he heard this.
It turns out that you weren't the one glaring at me just now? You are so good!
She was led astray by you in your Hong Kong Island!
Lu Sinian completely pretended not to see the angry look that Gu Feihan gave him.
Su Xiaoli looked very obedient at the moment, with only her two little index fingers saying yes, yes, yes...
Again and again, it seemed to stab Gu Feihan in the heart.
Gu Feihan had already lost his temper in his heart, but his handsome face remained cold. His eyes were narrowed into a line. He glanced at her indifferently and snorted.
Then he said coldly: "There won't be a next time."
Su Xiaoli was as if she had been pardoned, "Great!"
Seeing her happy expression, Gu Feihan's smile unconsciously returned to the corner of his mouth.
Since she agreed, he just let go and played with the girl.
Su Xiaoli looked at Gu Feihan, "Do you have anyone you like?"
"US stocks or Hong Kong stocks?" Gu Feihan asked back.
"Pick one each." Su Xiaoli could only play one, and she didn't want to miss this only chance.
"Do you like anyone?" She turned and asked Lu Sinian in Cantonese.
"Just happen to have one each." Lu Sinian smiled warmly and answered in Cantonese.
The two "teachers" each picked one stock from the US and Hong Kong stocks, and Su Xiaoli picked two stocks each.
Coincidentally, Gu Feihan’s two views - bullish on US stocks and bearish on Hong Kong stocks, while Lu Sinian’s two views are just the opposite.
Su Xiaoli flipped through his notes, thought about it, and wrote down four stocks and their prices, two of which he was bullish on and two of which he was bearish on.
One of them, one more and one empty, was used to target Gu Feihan, and the other two were used the same to block Lu Sinian.
Proposing to play a game at the gambling house may seem impulsive and reckless, but it was the result of Su Xiaoli's careful consideration.
First of all, it is a great opportunity to practice "fighting left and right".
She has a clear goal and wants to practice her system in practice.
To her, there is no difference between long and short positions.
The fun lies in using your own mind to make the right judgment.
Also, she wanted to win once.
The gambling itself is not the goal. I just want to set up a game to beat the two people and have chips to... figure out some other things.
If you want to talk to a man, then choose the game between men.
Gu Lu and Su Xiaoli each contributed 400 dollars, and Su Xiaoli contributed 800 dollars. Excluding the deposit, no matter how many shares they could buy, all the money would be shared equally.
Watching the two of them finish making arrangements separately, Su Xiaoli said with a smile: "Alright! Everything is fine!"
"The answer will be revealed the day after tomorrow. Whoever earns more will treat us all!" A gambling game without stakes won't do, she quickly added.
A hint of excitement flushed on the girl's white jade face.
A pair of smiling eyes, clear and bright.
Gu Feihan and Lu Sinian couldn't help but smile.
only……
Little girl, do you think that's the end of it?
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