Chapter 79

"Lin Chen, why didn't I find out before that you like poor mouth so much?" Tang Xin stood up, no good airway.

"That's probably because we didn't communicate much before?" Lin Chen said with a smile.

Tang Xin shook his head and bent down again: "you have to listen this time!"

"Don't worry, I'm listening with my heart!" Lin Chen nodded, but his eyes could not avoid floating around.

Fortunately, he immediately took a deep breath and got rid of the distractions.

In fact, Tang Xin's explanation, in the final analysis, is also a content. Because of the high risk of futures, she does not recommend Lin Chen to invest in those varieties that will fluctuate violently.

Futures and stocks are not the same. In addition to market fluctuations, there are many unexpected situations. For example, when manipulating, if you just lose your mind, the price of futures may fluctuate violently in a few seconds. If you don't respond in time, you are likely to burst your position directly.

So when it comes to practical operation, Tang Xin also strongly requests Lin Chen to let her operate. Lin Chen just needs to make a decision.

Although Tang Xin does not have much experience in trading futures, at least she knows better than Lin Chen.

"Well, that's about it. How much do you plan to invest and what kind of product to start with?" After explaining again, Tang Xin asked.

Lin Chen touched his chin and said a number first.

"Two hundred million... Well, I know you're worried about the risk, so let's say one hundred million. Even if you lose, you won't feel bad."

As for margin, Lin Chen chose the highest leverage, that is, 5% margin and 20 times leverage.

Because before in the investment to give way, this time Tang Xin also had to agree to make concessions.

Next, we will consider buying that variety.

The probability that July soybean futures will rise today is... 100%

The probability of an increase of more than 5% is... 0%

Lin Chen calculates several futures varieties recommended by Tang Xin on the screen one by one.

But he didn't know, just when he was busy calculating the probability of futures, in an office not far from them.

A figure picked up the phone: "hello? Wu Shao! Yes, the boy is ready to invest in the futures market. I have a look. He invested 100 million, 5% margin, but he still has 100 million reserve in his account. "

"OK, I understand. I'll contact you as soon as he moves."

"It's my pleasure to serve Wu Shao. OK, goodbye..."

……

"Tang Xin, let's buy iron ore in January. 100 million full positions to buy iron ore in January, the price is 750. "

After repeated calculations, at this time Lin Chen has finally calculated all the futures.

Tang Xin's choice for him is the same as her own analysis. They are relatively stable varieties with little fluctuation. However, under the effect of leverage, even a 1% increase is equivalent to a 20% increase under 20 times leverage, and the income is OK.

After repeated calculations, Lin Chen decided to start practicing with iron ore in January, which has the highest increase now.

After trading several times, he will try to get Tang Xin to start investing in more volatile futures.

Here, January iron ore refers to the iron ore contract due in January

At present, the price of this iron ore contract is 757 tons, and the lowest trading unit is 100 tons.

Lin Chen's 100 million yuan, if you look at the price, can buy almost 100000 hands.

However, because Lin Chen can leverage 20 times, in fact, the iron ore futures he really bought are 2 million hands, close to 2 billion iron ore futures!

According to Lin Chen's calculation, the price of iron ore in January will increase by 6% today at 750 tons. For him, it is almost 120% revenue.

Tut tut... This speed is no worse than gambling.

No wonder there are always people who say that the futures market is actually a gambling house, and it is also a big legal and compliant gambling house.

Tang Xin hears Lin Chen's instruction, suddenly stunned.

"Lin Chen, do you have to buy the whole position in the first trade? It's too risky. "

"It's OK. Don't I have 100 million spare parts? Tang Xin, you'd better hurry up, or you'll go up! " Lin Chen looks at the price index of iron ore and claps Tang Xin on the shoulder in a hurry.

As they speak, the price of iron ore has dropped to 752 tons in January.

Tang Xin sighed tone, still operate for Lin Chen.

Let's take a look first. Anyway, iron ore futures trading is not very active, and the fluctuation should be small. Tang Xin thought.

Soon, all of Lin Chen's 100 million yuan was invested in the iron ore futures market.

After the operation of tangxin, two people will sit in front of the computer, staring at the market changes.

However, compared with Lin Chen, Tang Xin is more nervous, because this is her first time to operate futures, and as soon as it comes up, it's 100 million yuan, so she can't help being nervous.

However, it seems that God is going to make a joke with them.

After Tang Xin bought 750 tons of iron ore, the price of iron ore stayed at 750 for about 10 minutes in January, and suddenly began to fall!

"Oh! No, I fell down! " Tang Xin screamed.

Lin Chen comforted her: "nothing, just a little..."

"How can this be a little bit? It's already 1%!"

Lin Chen listen to Tang Xin said, can't help but look at the account, see the green loss amount, even if it is psychologically prepared, he can't help but feel his heart seems to speed up.

With his 5% margin, as long as the fluctuation in the market exceeds 5%, he will be forced to close his position directly by the securities company. At that time, he will lose all his money.

Tang Xin is more nervous than Lin Chen and holds Lin Chen's hand tightly.

Fortunately, at this time, the price of iron ore jumped back to 750 as soon as it fluctuated.

This time, the price of iron ore didn't stay at 750 for long, but it began to turn red and rise. The rising rate was very fast, and it didn't take long to reach the price of 765 tons.

"Up! It's going up! " As soon as Tang Xin's eyes brightened, he said excitedly, "Lin Chen, if you enlarge the 2% increase by 20 times, your principal has already made 40 million yuan!"

But in more than ten minutes, Lin Chen has already made 40 million yuan.

As soon as his eyes brightened, he felt that the futures were really exciting and much more fun than the stocks.

"Lin Chen, 40% of the income is OK. Let's sell the bag for safety as soon as possible?"

"No hurry." Lin Chen patted Tang Xin's hand, "I think this wave may rush to above 790, we'll wait."

Tang Xin doesn't know where Lin Chen's self-confidence comes from, but at this time, she decides to believe Lin Chen, because from Lin Chen's hand, Tang Xin feels a sense of self-confidence.

In the next period of time, the price of iron ore rose and fell, but the overall trend is rising, and it is about to approach the 790 mark.

However, at this time, the price of iron ore suddenly fell all the way, from 789 to below 780, and then continued to fall towards 770.

"What's going on?"

Lin Chen is a little confused, because the situation in front of him is not in his calculation!