Chapter 3 Futures Margin, Millions in Profits! Inside the exchange. A large screen took up the entire wall, showing futures market conditions around the world. Red and green numbers flashed continuously, representing the rise and fall of prices. The news items scrolling at the bottom of the screen update the latest market trends and important news in real time. The traders seemed extremely busy and there was a tense atmosphere in the air. There is an information desk on one side of the hall, and someone is currently asking questions. Bai Yu had only played futures twice in his previous life and was not particularly familiar with it, so he walked over and waited for a while. "Sir, what do you want to ask?" "I want to open an account." "Please go to window number five to open an account." "Ok."
After saying that, Bai Yu walked to window number five. "Excuse me, how much margin do you plan to deposit this time?" Bai Yu had already thought about it before he came. He still had 250,000 yuan left in the card, so he just invested 200,000 yuan! "Two hundred thousand." "Please wait." "Ah." While waiting, Bai Yu also reviewed the basic knowledge of futures. Futures can be regarded as a kind of contract. For example, three months later, Party A purchases one ton of pork from Party B at a price of 15 yuan per catty. This contract ensures that farmers have a market for their products and allows buyers to lock in future purchase prices. But why have futures become a high-risk financial product? The core lies in the margin system! The margin system creates a huge leverage effect in futures trading. The account opening process is quick. After opening the account, Bai Yu did not delay and immediately found a trader to inquire about the current market situation of soybeans. The trader was a man wearing glasses, and he looked handsome and gentle. He chatted briefly with Bai Yu, and then said, "At your age, you are still in school, right? You dare to make 200,000 yuan in your first futures trading? You must have a mine at home!" Bai Yu smiled and did not deny it. The main reason was that if the trader in front of him knew that he was an orphan and put all the pension in, he would definitely try to persuade him crazily. Seeing this, the trader didn't say much and just thought to himself that he should just do his job well. Good words can't persuade a damned ghost. Many people who come here will not listen to advice.
"Currently, the current market price of soybeans is federal coins per kilogram. The market expects a price drop for soybeans, and the contract price in half a month is federal coins per kilogram." "One contract is for 2180 kilograms of soybeans, which is federal coins." "The margin ratio for soybeans is . If you hold a margin of 20, you can buy 873 lots." "After deducting the handling fee and investor protection fund, I suggest you buy 800 lots. How about that?" Bai Yu nodded. "can." "Then I'll buy it for you?" "Go ahead and buy it. I'll accept the loss. I don't mind the little money." The trader heard this, smiled and shook his head. To be honest, as a trader, he has a clear understanding of information from all sides. This year, the Fourth Administrative Region, or South America, where soybeans are harvested from March to July, has the greatest impact on the current market. Recently, the local climate in the Fourth Administrative District has been quite good, and the soybean producing areas have all had a good harvest. Soybean price expectations are all down. There is no possibility of making money by doing this now, and newcomers don’t know anything and just do it randomly. However, he was not familiar with Bai Yu, so it was impossible for him to provide information voluntarily. Otherwise, if the soybean price skyrocketed, he would be in trouble! The trader completed the operation quickly, and Bai Yu also received the transaction confirmation form, transaction records and other documents. The trader also added Bai Yu’s WeChat, and Bai Yu took a look at the other party’s WeChat. Trader-Xiao Chen. "It looks like a work number." Bai Yu took a look at the 800 contracts he had obtained and felt excited. What does 800 lots mean? It means nearly million trading contracts. That is nine times the principal! Follow the information given by Gold Finger. On July 7, the price of soybeans reached a high of 25 federal dollars per pound. By then, the profit he earned would be only Do not! 他赚取的实际钱财将是：800手×（3610-2180）联邦币/手=114 4000联邦币减去手续费等额外费用，也是赚了一百多万。 This is futures trading! Using a capital of 200,000 yuan to earn more than 1 million yuan is the charm of leverage. Of course, this is the profitable side of futures. But if soybeans fall to federal coins per kilogram during this period. It will become another calculation: loss = 800 lots × (2180-1930) federal coins/lot = 20 federal coins In this case, the margin is insufficient and if you do not continue to pay the margin, your position will be forced to close. It means that two hundred thousand dollars will be wasted! In serious cases, you will even end up in debt.
As soon as I walked out the door, my cell phone rang. "You who love 250°C Drops of pure distilled water~" 【Large-sized adopted son】 "Hey~Brother Yu." "Did you see the message?" "I see. Why are you suddenly planning to take a leave? Don't you want the perfect attendance award?" "I told you I want to play football." "Ah, I don't believe you! I was the one who dragged you to play football every time. Tell me, is it because of the incident of slicing piggy baby's skin?" Hearing this, Bai Yu was stunned for a moment. Yesterday was Wednesday, his weekly day off. And with the golden finger, his mind was all on it, and he almost forgot that he had caused a small conflict the night before when he sliced slices of skin for a female anchor named Xinxinbaby in the company. The cause of the incident was very simple. This female anchor had one of the few funny clips, and Bai Yu edited it and posted it on the slice account. But during the process, there was a moment when the beauty filter was missing and her fat face was exposed, which was caught by sharp-eyed netizens and screenshotted. Since Bai Yu was in charge of editing, he didn't notice this problem. When this woman woke up yesterday and saw some ugly photos in the comment section, she was so angry that she went straight to the editing department and started cursing when she was at work in the afternoon. It turns out that Bai Yu has a day off on Wednesday! It is said that the scene was very exciting. Later, the female anchor confronted Bai Yu in the editing department group. Bai Yu was completely confused at the time, and it was the editing department manager who had a private chat with Bai Yu, told him what had happened, and asked Bai Yu not to argue with this lunatic. As the topic of discussion turned to female anchors, Bai Yu was just about to ask if any of them had accepted hundreds of thousands of dollars in tips recently? But I feel like if I ask this question, I won’t be able to explain it clearly when a car accident happens. "Brother Yu, why are you silent? Could it be that that piggy baby cursed too harshly, emo?" "That's not the case. I blocked her before she started her long speech." "That's how it should be. You're a top student at Tianhai University. You're here for internship to have fun. You don't need to spoil her. Besides, every anchor has his or her haters. She has so many ugly photos offline, and it didn't stop her from finding a big brother." Zhang Youpeng changed the subject and said, "By the way, the football thing has been settled. I will contact other students now." "Okay, bye then." Just as Bai Yu was about to hang up the phone, Zhang Youpeng hurriedly said, "Wait a minute, there's one more thing I almost forgot." "what's up?" "I saw your ex-girlfriend from Normal University when I was shopping in the supermarket last night." Bai Yu put his hand on the hang-up button, but the other party seemed to see Bai Yu's action and said anxiously: "Wait a minute, don't hang up the phone yet. Your ex-girlfriend found a boyfriend. Guess who it is?"
That damn curiosity made Bai Yu unable to help but ask. "Who?" "There's an alumnus who's interning at the same company as us. He's the guy who likes to keep his hair long. His name is Wu Hao. He's from the art department. I heard he's quite rich and has good character. Your ex-girlfriend is capable." "Got it. See you this afternoon. Bye." "dududu~" Bai Yu decisively hung up the phone. His ex-girlfriend was quite beautiful. Especially the photo taken under the cherry tree, in which she was wearing a light pink dress, which is still fresh in his memory. That moment was the white moonlight in his heart! It’s just that the emotions between men and women in this world are mixed with too many material things. This ex-girlfriend has a strong spending power. She spent more than 100,000 yuan in less than half a year. It’s still the consumption during student days! He was not a wealthy man, so he naturally cut off the relationship out of rationality. "Before I had the golden finger, I would definitely still feel a little sad." "If we analyze the root cause of my sadness, it's actually because I'm afraid that I might end up with someone worse than this one." "But now, there is no need to worry." "With just 1 intelligence value, you can easily earn a lot of wealth. The future is promising!" (End of this chapter)