Chapter 183 Be kind to your own people
Li Yuan saw that the overall trend was about to break through fifteen points on the water, and he hesitated for a while.
Because he still has US$1.4 billion in chips that can be used as a hedge.
But seeing the immediate benefits, he couldn't help it.
It was US$1.4 billion at that time, and now it is worth US$7.7 billion.
If you sell it, you will make $300 million.
He was still about three points away from breaking through his short position, and he still had money in his hand.
Previously, we sold US$1.3 billion at about ten points. After repaying the contract, we made a net profit of US$300 million. Adding the principal of US$180 million, there is a total of US$480 million available for use.
Just now, we only spent 160 million U.S. dollars, which was enough to increase the position twice more. It would take almost 27 points to reach the liquidation line.
The reason why Li Yuan hesitated was when to sell.
Wait until twenty-seven o'clock to sell?
Or sell now?
His chips can be said to be a perfect hedge against the short order in his hand. If the stock price can fall after selling, he will make a profit.
If the stock price cannot be suppressed after selling, then you will lose money.
After selling, there is no middle ground. Either the risk of making money increases or the risk of losing money increases.
It is unwise to be greedy for twenty-seven points, because he does not believe that he can still be pulled up that high today.
Today is different from yesterday. Yesterday, we were pulled from the water to more than 30 points.
Today we moved from twenty points underwater to fifteen points above water.
Theoretically, the amplitude is close to forty points, which is higher than yesterday.
Moreover, the trading volume is also increasing, and it is not just the trading between the two opponents. Li Yuan feels that there are also a lot of scattered chips thrown out in the chaos.
Either someone is fishing in troubled waters, or someone is taking advantage of the opportunity to run away, but they don't have such a big fanfare and are doing it secretly.
"Start reducing positions with long orders, small amounts multiple times..."
Li Yuan finally made up his mind.
As he began to reduce his long positions, the stock price not only did not fall, but continued to rise.
Soon, the liquidation line for his short position was reached.
"Continue to open one billion short contracts."
He doesn't make a margin call, there's no point in that.
Just open a new contract, which has the same effect as adding a margin call.
Margin call means that the number of contracts in your hand is fixed. If you make a profit, the money you make is fixed. If you lose, the money you lose is also fixed.
Open a short contract as a buffer. If you make money, you will make more, and if you lose money, you will lose more.
When you go to a casino, you will definitely consider how much you can earn first, and then maximize your chances of making money.
He had been paying attention to the number of chips in his hand. As the chips he held dropped to $500 million, the risks began to increase.
Short contracts are not counted as chips because they are all sold.
The current situation is that Wall Street is receiving a large amount of chips. Even if the huge amount is released today, the transactions of related stocks have exceeded 200 million US dollars, which is completely different from the usual 20 to 30 million US dollars.
His long orders are smashing, and his short orders are also smashing, but the stock price is still stable and will soon break through 20 points.
Once it exceeds twenty-two points, he needs to open a short order buffer again.
He still has a lot of money in his hand...
Short orders can continue to be opened unless the other party spends tens of billions of dollars to directly double the stock price.
The other party can definitely take it out, and the average amount for each institution is about 100 million US dollars.
But Li Yuan didn't believe they could make such a big determination.
As long as there is a little difference, it will be the biggest help to you. Your short orders will make money sooner or later.
If the other party is willing to use US$30 billion to triple the stock price, then he will lose even more.
Li Yuan has considered these risks, and even considered the situation of losing all the principal of US$1.5 billion and still owing a large amount of money.
In the stock market, winning or losing is always uncertain before positions are cleared.
Therefore, the daily income situation has no reference significance at all when placed in the data at this time.
The stock price was about to break through 21 points, and Li Yuan decisively issued the order to open a short contract for the fourth time.
It was still six times leverage, and a billion dollars in chips were thrown out.
So far, he has held a total of 4.5 billion US dollars in short contracts. The money is in his account, but he cannot use it.
Once the subsequent purchase price of those chips exceeds 4.5 billion US dollars, it means that he has to pour money into it.
At twenty-seven points, as long as the stock price doubled, he would lose $4.5 billion.
The cash in his hand is enough to continue to cover short contracts or make margin calls. After probably doubling it again, he will have no means at all.
By that time, he will have lost US$13.5 billion.
Um……
It's almost time to restart. No matter how awesome he is, he can't make a comeback.
Just wait and pay off your debt slowly for the rest of your life.
Empty orders are so exciting!
Opening short orders at will is extremely exciting.
After Li Yuan once again sold out a billion-dollar short contract, it was obvious that the intensity of undertaking the contract began to weaken.
It might also be an illusion. Anyway, Li Yuan was in this position and completely cleared out the chips in his hand.
Now he doesn't have any chips in his hand, which means he has no way out.
With US$1.8 billion in hand, I plan to rush all of it into the short contract later, and just open it slowly to see who can hold on to the end.
The previous operations were all foreshadowing, and now is the biggest game point.
At present, he has made US$900 million on long orders and lost US$600 million on short orders.
This is the real beginning.
No one has an absolute chance of winning, both sides are on the same level.
Sixteen stocks, at this time, began to show huge differences.
Some frowned and kept rushing forward. Li Yuan had to continue to fill the short order buffer.
And in some cases, the momentum dropped and began to stand still, and even occasionally fell back.
After the birth of this trend, Li Yuan felt relieved.
Even if only two or three stocks stop their upward momentum, it will be a boost to him.
"Pay close attention to the positions. Now the trend is inconsistent. Individual stocks are close to the liquidation line. Timely mobilize funds and open short orders to suppress it. There will be no instructions next. All instructions are only one. Do not liquidate the position! At all costs!"
After Li Yuan said this, the atmosphere in the entire trading room became serious.
Traders know very well what this means, and they also know very well what it will mean once the $1.8 billion enters the market with leverage.
It means that losses will reach the extreme.
This means that once the stock price continues to rise, all the funds will be turned into bubbles, not to mention that you will still owe tens of billions of dollars in debt.
They all came from Qingtian Mixed Small and Medium Caps, and they have also handled tens of billions of funds.
But the risk of losing tens of billions of dollars still makes them tremble.
My boss has never played such a big game before.
At three o'clock in the morning, when some stocks broke through 27 points, Li Yuan performed a supplementary order operation.
However, this time only 13 stocks rose to the liquidation line, and the other three stocks stabilized.
In fact, Li Yuan has been watching the trading volume, and the increase in trading volume of all stocks is similar.
The other three have not risen, which means there are others inside who are smashing them.
This time, the short contract worth US$290 million was filled.
At 3:30 in the morning, eleven stocks touched the 31-point liquidation line, and Li Yuan once again filled in a short contract of US$250 million.
At four o'clock in the morning, ten stocks touched the liquidation line of 35 points, and Li Yuan once again filled in the short contract of US$230 million.
At 4:10 in the morning, ten stocks touched the liquidation line of 39 points, and Li Yuan filled up the short contract of US$230 million.
At 4:15 in the morning, nine stocks touched the 42-point liquidation line, and Li Yuan filled up the short contract of US$200 million.
At 4:20 in the morning, nine stocks touched the liquidation line of 44 points, and Li Yuan filled up the short contract of US$200 million.
At 4:25 in the morning, eight stocks hit the liquidation line of 46 points, and Li Yuan filled up the short contract of US$180 million.
Four-thirty in the morning, eight, forty-eight points, $180 million.
Four thirty-five in the morning, seven, fifty points, $160 million.
…
It basically lasts five minutes for a round of battle, and the trader is already numb.
Li Yuan was really brave enough to fight. After a while, another short contract of US$1.63 billion was added, and the total short contract reached US$6.1 billion.
"boss……"
Someone spoke.
"Stop talking nonsense and keep making up!"
Li Yuan looked very serious.
At 4:40, seven stocks touched the liquidation line of 51 points, and Li Yuan filled up the short contract of US$160 million.
At 4:42, seven stocks touched the liquidation line of 52 points, and Li Yuan filled up the short contract of US$160 million.
Four forty-three, seven, fifty-three points, $160 million.
Four forty-five, seven, fifty-four points, $160 million.
Four forty-six, six, fifty-five points, $140 million.
Four forty-seven, six, fifty-six points, $140 million.
Four forty-eight...
Four forty-nine...
Four-fifty, five, fifty-nine points, $120 million.
Four fifty-one...
Four fifty-two...
Four fifty-three…
Four fifty-four…
Four fifty-five...five, sixty-one points, one hundred and twenty million dollars.
Finally, at this moment, the entire trading room fell silent.
Li Yuan forced himself to pay another US$1.92 billion.
In the end, every second is a battle, and every second is a contract.
Both sides have entered a heated stage.
Traders can only watch as the funds in their hands become less and less.
Of the 1.8 billion U.S. dollars, only 1.2 billion U.S. dollars were left at this time, and 600 million U.S. dollars had been used.
On paper, they have lost.
As long as those stocks can hold on, it won't be long before they are wiped out.
Because every subsequent contract replenishment is only one point, and even the further you go, the worse the effect of contract replenishment becomes.
It takes two times to make up one point of space.
Although there is still US$1.2 billion, we can leverage US$7.2 billion in chips.
Li Yuan knew that it would be more difficult as he got to the back, but he didn't expect that he still overestimated the money he had.
If you make up for it later, you are no longer making up money. It is of no use at all.
The US$1.2 billion in his hand can only suppress the stock's rise by another 30 points at most.
Much lower than expected.
He thought he could sustain the stock price until it doubled, but the result may not even be doubled.
The reason is that there are too many short orders at the bottom.
It can also be said that he is not very good at mathematics.
But everyone is holding on.
If the opponent is really strong, he won't pull away like this little by little, and he won't wait for a minute to eat up his own chips if he hits the empty position.
This is a pure opponent's game. No matter how much he throws, the funds will be taken away.
At this moment, more than three billion U.S. dollars is indeed a lot, but the other party's mobilization of more than three billion U.S. dollars is also a lot, and it must also be leveraged.
Of the sixteen stocks, only five are still holding on.
The other eleven are basically trading sideways at this time.
At this time, trading volume began to slow down a lot.
It was the last few minutes and no one seemed to want to argue anymore.
After working hard all day, there is no point even if we continue to fight, because we will definitely grit our teeth and persevere.
At this time, the five stocks that had been holding on began to plummet.
There was little effort from the bottom to take over, and the stock price soon fell through.
The original increase was sixty-one points, but in the blink of an eye, it became thirty-six points.
"Boss, the other party can't handle it anymore!"
Some traders' nerves were too tight and they couldn't help shouting.
In this trading room, they have almost no qualifications to express their opinions.
"It's not that they can't hold back, but that they want to reduce the increase a little, and the entire market has no chips. They have the final say on what the stock price is. And we will definitely not continue to smash at this position, and they will not Let the stock price rise too much to leave enough room for tomorrow.”
After all, those people have heavy positions in stocks. There must be a gap between the funds entering the market today and those with heavy positions.
For these five stocks, Li Yuan fully calculated and invested less than 2 billion U.S. dollars. With the chips they originally had heavily invested in, even if the stock price dropped to 36 points, today's net worth is still close to 20 points. increase.
This increase is enough.
A sudden increase of 40 to 50 points is scary to everyone who sees it. For those investors, it may even have a reverse effect.
After all, it has risen so much, just ask for payment and leave the market, you have already made enough.
If Li Yuan swapped identities with them, he would do the same at this time.
An increase of more than ten points is the best, which can stabilize the original investors and may also attract funds from the outside.
It's good news for Li Yuan, at least the account looks much better.
A drop of more than 20 points can reduce his book floating loss by US$500 million.
You don't need to look at it to know that today's book loss is very ugly.
There are four minutes left until the close.
Two stocks that had not followed at around 20 points at the beginning suddenly appeared with large sell orders, and immediately collapsed after being accepted below.
"Grass!"
Li Yuan couldn't help but curse. These bullies on Wall Street can really endure it.
He originally thought that those two stocks should have collapsed long ago, which would free up a lot of capital space for himself.
As a result, I persist until now.
It’s all about to close!
"You beautiful countrymen should be kind to your compatriots... If you are so cruel to your own people, aren't you afraid of having children without eyesight?"