NOVEL NEXT Easy Tycoon
Chapter 279 Disadvantages of Foreign Exchange Forward Trading
Chapter 279 Disadvantages of Foreign Exchange Forward Trading
Yang Jing's words filled Cesar and the others with joy.
That's what they do, and they eat based on this.If you ask them to quit this line of work to do something else, they probably won't be able to do it either.The last time they operated London gold, the five people finally gained a total of almost 1.5 million US dollars, which made them ecstatic.
The huge profits made them look forward to working with this mysterious and lovely boss again. Even if they were investigated after hyping London Gold, even if they are keeping a low profile now, they still firmly hold this idea.
Not for anything else, just for the words that the mysterious boss once said before we parted last time - I look forward to working with you again.
Just for these words, Cesar and the others endured for five years and waited for five years.Finally on this day, an opportunity came to them again.
And Cesar and the others finally waited for the word that made them most at ease - 300% return on investment.
After that investment in London Gold, they have no doubts in Yang Jing's words.The mysterious boss said 300%, so it must be 300%.
The profit of 4.5 million US dollars is enough for the five of them to spend the rest of their lives comfortably.
However, Cesar still had a question in his mind, so he hesitated a little before asking in a low voice: "Boss, why don't we use forward foreign exchange trading to conduct this investment operation this time? Compared with foreign exchange futures , I think it should be more suitable for our investment action this time."
The question raised by Cesar is actually more suitable for this investment operation.In fact, foreign exchange forward trading is similar to foreign exchange futures, and many people even confuse foreign exchange futures with foreign exchange forward trading.
For such a large-scale investment operation, it is actually more reasonable to use foreign exchange forward transactions.
Yang Jing shook his head and said: "Cesar, I know that foreign exchange forward trading is more suitable for this investment operation than foreign exchange futures, but you have forgotten one of the most important things, that is our own security. Foreign exchange forward trading requires Dealing with banks, just this, dooms us not to use this method of operation to carry out this investment operation.”
"Huh, do you really think those banks are so easy to talk about? It's okay to talk about our profits, but once our profits exceed 50%, it is estimated that these banks will be hard to talk about. If nothing else, your identities will inevitably be exposed Yes. So, I would rather go to trouble than adopt this kind of operation method that exposes us.”
Cesar slapped his forehead and said angrily: "Damn it, I was so dazzled by the benefits that I forgot about it. Saori, I shouldn't have such thoughts."
Yang Jing smiled and patted Cesar on the shoulder, without saying anything else.
Foreign exchange futures are operated in the foreign exchange market, and you do not need to provide identification to anyone. As long as your account has sufficient margin, you can operate any foreign exchange that appears in the foreign exchange market.
However, although foreign exchange forward transactions are very similar to foreign exchange futures, banks are bound to be involved in foreign exchange forward transactions.Because this trading method is not a game between speculators and the market, but speculators and banks agree on how much foreign exchange to buy and when to deliver.
Therefore, as long as the operation method of foreign exchange forward transaction is used for speculation, it will inevitably have contact with the bank.
After Yang Jing put in so much effort, he didn't want to expose himself because of the bank, so of course he wouldn't use the foreign exchange forward trading method.Even if this method of operation is much easier and more convenient than foreign exchange futures, Yang Jing will not use this method of operation at the risk of being exposed.
After talking about all this with Cesar, the other four members of Cesar's team left the operation room to rest, leaving only Cesar in the entire operation room.
In fact, because of the time difference, they have been busy since seven o'clock last night.There is a time difference of 14 hours between Tokyo and the Cayman Islands. The opening time of the foreign exchange market in Tokyo is [-] hours earlier than that of the foreign exchange markets in Philadelphia and Chicago. Singapore is one hour later than Tokyo.And when the foreign exchange markets in Tokyo and Singapore were closed that day, the foreign exchange markets in Paris and London started again.
Because since the opening of the Tokyo foreign exchange market last night, the yen has skyrocketed, and the same is true of the Singapore foreign exchange market, Paris and London foreign exchange markets afterwards. The thrill of huge profits without feeling the slightest fatigue.
This morning, the foreign exchange market in Chicago and Philadelphia also experienced a sharp rise in the yen and a sharp drop in the dollar. Seeing that the daily profit was several hundred million dollars, Cesar was completely relieved.
It’s easy to say if you only operate in one foreign exchange market, but this investment operation is carried out in the world’s six largest foreign exchange markets at the same time, so it’s impossible to fight continuously like they did last night.
People are not machines, and they must rest when it is time to rest, so several people are arranged in a row, leaving one person on duty, and all others go to rest.
The first shift is for Cesar to be on duty. After the foreign exchange markets in Philadelphia and Chicago are closed in the morning, Albert will take over from Cesar.
The position has been successfully established. Unless the funds in the account need to be used to cover the position when fluctuations occur, the five of them are basically no big deal, and only one person needs to be left to monitor it.
Seeing that everything was on the right track, there was no need for Yang Jing to stay here any longer.This investment operation will last for a year, and it is impossible for him to stay here for a year.So after confessing some things, he found a place where no one was around and returned to Jinling.
This time, Yang Jing stayed in the time and space in 1985 for nearly fifty days, while the original time and space only spent less than five days.When Yang Jing returned to Jinling, there were still three days before the Lantern Festival on the 15th day of the first lunar month.
"Hey, daughter-in-law, what are you doing?" After resting all night, Yang Jing got up the next day after washing up, went downstairs and walked around, and called Gege.
"Hey, I haven't woken up yet. Why are you calling so early? Don't you know it's a very annoying thing to disturb a girl's sleep?" Ge Ge was obviously very angry when she got up.
"Little lazy cat, the sun is drying its ass, and it's still sleeping." Yang Jing joked with a smile.
"Oh, don't you know that lack of sleep is the biggest killer of girls? Anyway, I have nothing to do now, so of course I have to sleep for a while."
"Don't go to sleep. I think the weather is good today. Let's go to school to have a look. I haven't been back to school for more than two years, and I still miss school."
"Ah, have you come to Jinling?" Gege's surprised voice rang through the phone.
"Well, I suddenly missed you yesterday afternoon, and then I rushed over by the high-speed train alone. But it was a bit late when I arrived in Jinling, so I didn't call you."
"Oh where are you now? I'll pick you up later."
"Hehe, no need, I'm almost at your door now."
"Oh, please walk slowly, wait for me to come in ten, oh no, 15 minutes."
Hearing the busy tone from the phone, Yang Jing couldn't help laughing bitterly.This girl is troublesome. It takes 15 minutes to get up. If you have a child in the future, you can't count on making breakfast for the child and sending the child to school.
But when Yang Jing arrived at the gate of the community, he found that Ge Ge was waiting for him at the gate.
Yang Jing was a little touched, this girl has always been like this, she likes to think of others.
Seeing Yang Jing strolling over, Ge Ge greeted her with a face full of joy, and threw her head into Yang Jing's arms.
"Didn't you come here on the thirteenth day of the first lunar month?" Feeling her boyfriend's strong embrace, Ge Ge raised her face and asked.
"Didn't you just say on the phone that I missed you, so I came here earlier."
Grid looked around, "Didn't your four bodyguards come with you?"
"What are they doing here? Be a light bulb! Daughter-in-law, this is our festival, so we can't have four big lanterns around us."
Gege took Yang Jing's arm with a smile, "You haven't eaten breakfast yet? Let's go, let's go to eat, and we'll go to school together after we eat. I just let you say that, I miss school a little bit."
Yang Jing pointed to the courtyard wall across the road and said, "Isn't that the Jiangning branch of our school? You can see it every day."
"Tch, this is just a branch school. When we were in school, we didn't take a day of class here. I don't have any feelings about this branch school."
"Okay, you won! Let's go, let's eat first, and we will act after we are full."
The two walked forward talking and laughing. After breakfast in a breakfast shop, they were ready to leave for Hohai University.
"How do we get there? Should we take a taxi, take the subway, or take the bus?" Yang Jing and Ge Ge stood at the intersection of Jiangjun Avenue and Focheng Road, and Ge Ge asked Yang Jing.
Yang Jing thought for a while and said, "Why don't we take the bus? I haven't experienced Jinling's bus for a long time."
"Okay, I want to take the bus too." Yang Jing's choice obviously hit Ge Ge's mind.
The two made up their minds, so they stood at the bus stop on the side of the road and waited for the bus. After waiting for a few minutes, the No. 754 bus came. The two laughed and put coins on the bus. Sit down at a window seat.From the Jiangning branch of Hohai University to the headquarters of Hohai University, there is a distance of [-] kilometers. Whether you take the subway or the bus, you need to reverse the car in the middle.
The two sat on the 754 bus for more than an hour, then got off the bus and backed up to the D12 bus again, and when they finally arrived at Gate 1 of the main campus of Hohai University, it was already an hour and a half later.
(End of this chapter)
Yang Jing's words filled Cesar and the others with joy.
That's what they do, and they eat based on this.If you ask them to quit this line of work to do something else, they probably won't be able to do it either.The last time they operated London gold, the five people finally gained a total of almost 1.5 million US dollars, which made them ecstatic.
The huge profits made them look forward to working with this mysterious and lovely boss again. Even if they were investigated after hyping London Gold, even if they are keeping a low profile now, they still firmly hold this idea.
Not for anything else, just for the words that the mysterious boss once said before we parted last time - I look forward to working with you again.
Just for these words, Cesar and the others endured for five years and waited for five years.Finally on this day, an opportunity came to them again.
And Cesar and the others finally waited for the word that made them most at ease - 300% return on investment.
After that investment in London Gold, they have no doubts in Yang Jing's words.The mysterious boss said 300%, so it must be 300%.
The profit of 4.5 million US dollars is enough for the five of them to spend the rest of their lives comfortably.
However, Cesar still had a question in his mind, so he hesitated a little before asking in a low voice: "Boss, why don't we use forward foreign exchange trading to conduct this investment operation this time? Compared with foreign exchange futures , I think it should be more suitable for our investment action this time."
The question raised by Cesar is actually more suitable for this investment operation.In fact, foreign exchange forward trading is similar to foreign exchange futures, and many people even confuse foreign exchange futures with foreign exchange forward trading.
For such a large-scale investment operation, it is actually more reasonable to use foreign exchange forward transactions.
Yang Jing shook his head and said: "Cesar, I know that foreign exchange forward trading is more suitable for this investment operation than foreign exchange futures, but you have forgotten one of the most important things, that is our own security. Foreign exchange forward trading requires Dealing with banks, just this, dooms us not to use this method of operation to carry out this investment operation.”
"Huh, do you really think those banks are so easy to talk about? It's okay to talk about our profits, but once our profits exceed 50%, it is estimated that these banks will be hard to talk about. If nothing else, your identities will inevitably be exposed Yes. So, I would rather go to trouble than adopt this kind of operation method that exposes us.”
Cesar slapped his forehead and said angrily: "Damn it, I was so dazzled by the benefits that I forgot about it. Saori, I shouldn't have such thoughts."
Yang Jing smiled and patted Cesar on the shoulder, without saying anything else.
Foreign exchange futures are operated in the foreign exchange market, and you do not need to provide identification to anyone. As long as your account has sufficient margin, you can operate any foreign exchange that appears in the foreign exchange market.
However, although foreign exchange forward transactions are very similar to foreign exchange futures, banks are bound to be involved in foreign exchange forward transactions.Because this trading method is not a game between speculators and the market, but speculators and banks agree on how much foreign exchange to buy and when to deliver.
Therefore, as long as the operation method of foreign exchange forward transaction is used for speculation, it will inevitably have contact with the bank.
After Yang Jing put in so much effort, he didn't want to expose himself because of the bank, so of course he wouldn't use the foreign exchange forward trading method.Even if this method of operation is much easier and more convenient than foreign exchange futures, Yang Jing will not use this method of operation at the risk of being exposed.
After talking about all this with Cesar, the other four members of Cesar's team left the operation room to rest, leaving only Cesar in the entire operation room.
In fact, because of the time difference, they have been busy since seven o'clock last night.There is a time difference of 14 hours between Tokyo and the Cayman Islands. The opening time of the foreign exchange market in Tokyo is [-] hours earlier than that of the foreign exchange markets in Philadelphia and Chicago. Singapore is one hour later than Tokyo.And when the foreign exchange markets in Tokyo and Singapore were closed that day, the foreign exchange markets in Paris and London started again.
Because since the opening of the Tokyo foreign exchange market last night, the yen has skyrocketed, and the same is true of the Singapore foreign exchange market, Paris and London foreign exchange markets afterwards. The thrill of huge profits without feeling the slightest fatigue.
This morning, the foreign exchange market in Chicago and Philadelphia also experienced a sharp rise in the yen and a sharp drop in the dollar. Seeing that the daily profit was several hundred million dollars, Cesar was completely relieved.
It’s easy to say if you only operate in one foreign exchange market, but this investment operation is carried out in the world’s six largest foreign exchange markets at the same time, so it’s impossible to fight continuously like they did last night.
People are not machines, and they must rest when it is time to rest, so several people are arranged in a row, leaving one person on duty, and all others go to rest.
The first shift is for Cesar to be on duty. After the foreign exchange markets in Philadelphia and Chicago are closed in the morning, Albert will take over from Cesar.
The position has been successfully established. Unless the funds in the account need to be used to cover the position when fluctuations occur, the five of them are basically no big deal, and only one person needs to be left to monitor it.
Seeing that everything was on the right track, there was no need for Yang Jing to stay here any longer.This investment operation will last for a year, and it is impossible for him to stay here for a year.So after confessing some things, he found a place where no one was around and returned to Jinling.
This time, Yang Jing stayed in the time and space in 1985 for nearly fifty days, while the original time and space only spent less than five days.When Yang Jing returned to Jinling, there were still three days before the Lantern Festival on the 15th day of the first lunar month.
"Hey, daughter-in-law, what are you doing?" After resting all night, Yang Jing got up the next day after washing up, went downstairs and walked around, and called Gege.
"Hey, I haven't woken up yet. Why are you calling so early? Don't you know it's a very annoying thing to disturb a girl's sleep?" Ge Ge was obviously very angry when she got up.
"Little lazy cat, the sun is drying its ass, and it's still sleeping." Yang Jing joked with a smile.
"Oh, don't you know that lack of sleep is the biggest killer of girls? Anyway, I have nothing to do now, so of course I have to sleep for a while."
"Don't go to sleep. I think the weather is good today. Let's go to school to have a look. I haven't been back to school for more than two years, and I still miss school."
"Ah, have you come to Jinling?" Gege's surprised voice rang through the phone.
"Well, I suddenly missed you yesterday afternoon, and then I rushed over by the high-speed train alone. But it was a bit late when I arrived in Jinling, so I didn't call you."
"Oh where are you now? I'll pick you up later."
"Hehe, no need, I'm almost at your door now."
"Oh, please walk slowly, wait for me to come in ten, oh no, 15 minutes."
Hearing the busy tone from the phone, Yang Jing couldn't help laughing bitterly.This girl is troublesome. It takes 15 minutes to get up. If you have a child in the future, you can't count on making breakfast for the child and sending the child to school.
But when Yang Jing arrived at the gate of the community, he found that Ge Ge was waiting for him at the gate.
Yang Jing was a little touched, this girl has always been like this, she likes to think of others.
Seeing Yang Jing strolling over, Ge Ge greeted her with a face full of joy, and threw her head into Yang Jing's arms.
"Didn't you come here on the thirteenth day of the first lunar month?" Feeling her boyfriend's strong embrace, Ge Ge raised her face and asked.
"Didn't you just say on the phone that I missed you, so I came here earlier."
Grid looked around, "Didn't your four bodyguards come with you?"
"What are they doing here? Be a light bulb! Daughter-in-law, this is our festival, so we can't have four big lanterns around us."
Gege took Yang Jing's arm with a smile, "You haven't eaten breakfast yet? Let's go, let's go to eat, and we'll go to school together after we eat. I just let you say that, I miss school a little bit."
Yang Jing pointed to the courtyard wall across the road and said, "Isn't that the Jiangning branch of our school? You can see it every day."
"Tch, this is just a branch school. When we were in school, we didn't take a day of class here. I don't have any feelings about this branch school."
"Okay, you won! Let's go, let's eat first, and we will act after we are full."
The two walked forward talking and laughing. After breakfast in a breakfast shop, they were ready to leave for Hohai University.
"How do we get there? Should we take a taxi, take the subway, or take the bus?" Yang Jing and Ge Ge stood at the intersection of Jiangjun Avenue and Focheng Road, and Ge Ge asked Yang Jing.
Yang Jing thought for a while and said, "Why don't we take the bus? I haven't experienced Jinling's bus for a long time."
"Okay, I want to take the bus too." Yang Jing's choice obviously hit Ge Ge's mind.
The two made up their minds, so they stood at the bus stop on the side of the road and waited for the bus. After waiting for a few minutes, the No. 754 bus came. The two laughed and put coins on the bus. Sit down at a window seat.From the Jiangning branch of Hohai University to the headquarters of Hohai University, there is a distance of [-] kilometers. Whether you take the subway or the bus, you need to reverse the car in the middle.
The two sat on the 754 bus for more than an hour, then got off the bus and backed up to the D12 bus again, and when they finally arrived at Gate 1 of the main campus of Hohai University, it was already an hour and a half later.
(End of this chapter)
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