My System Forces Me to Live off Women
Chapter 659 - 385: 500 Million, 500 Million_2
Therefore, after self-learning, consulting various parties, and spending some money, Li Peifeng finally bypassed the ordinary trading platforms, established three offshore accounts at Swissquote Bank, and opened Swissquote’s foreign exchange business, setting up an independent clearing account to trade in this way.
This way it’s safer; even if he earns a few billion, the funds are secure, and profits go directly into the Swissquote Bank account without foreign exchange control. Although the drawback is that transferring money back to the local account is still troublesome, at least it can be resolved by other means.
Professional traders also adopt similar methods for trading, but this approach is out of reach for ordinary retail investors in the country. Just setting up an offshore account and having Swissquote create an external independent clearing account for you is very cumbersome, requiring various procedures, passports, and a lot of money, and there are annual fees afterward...
"Can’t wait to accumulate royalties for capital anymore, it’s time to try actual trading!"
After returning home, Li Peifeng sat in front of the computer, opened the trading software, first logged into the three accounts to observe the market, and also learned about international news through media information.
According to the instructions, the scroll can only send Li Peifeng back to thirty hours earlier, allowing him to foresee market fluctuations up to thirty hours in advance. He wanted to leverage this advantage to use little to gain much, trying to turn four million into five hundred million. Even with the advantage of predicting the future, he must capture a significant market fluctuation.
The best scenario would be experiencing a global black swan event, causing major short-term impacts on foreign exchange, stock markets, and commodities, enabling Li Peifeng to use several million or tens of millions of capital to reap substantial profits.
Coincidentally, a major event happened yesterday, which is also the reason Li Peifeng wanted to enter the market early.
"The war was declared yesterday and is currently intense, oil should be rising, and the ruble should be falling... Huh? How come oil is also dropping?"
After understanding the latest international situation, Li Peifeng looked at the charts, the WTI crude oil trend, seeing it at a real-time drop of -2.65% and found it somewhat ridiculous. Looking a few hours back, he realized that -2.65% was not even the lowest, as it dropped to -3.15% after today’s opening.
"Are you kidding me?"
Even though Li Peifeng isn’t a professional economist, he understands that war is supposed to be bullish for oil. It’s been nearly twenty-four hours since the war began, and the oil market is not rising but falling?
It has to be noted, this isn’t just any local military conflict but the largest ground war this century, and yet, the oil market is showing this kind of behavior?
"Damn, is the big player controlling the market this strongly? Accumulating while acting? You think you can fool this clever one?!"
Li Peifeng frowned, sensing a keen opportunity, and could no longer hold back, grasping the mouse firmly and clicked. Leverage... two hundred times is too high, just one hundred times, bought long at 90.52, how many lots to buy?
"All in! Put everything in, it’s just a few million, half a month’s royalty, a five billion dollar famine doesn’t care about this little money!"
Li Peifeng hesitated for 0.01 seconds, then directly fully loaded the one million in this account. But that wasn’t all; he also switched to his parents’ two accounts and put the million in those two accounts to buy long as well.
Three million plus a hundred times leverage equals three hundred million. Throwing three hundred million down, order by order was quickly executed, and the trend slightly picked up from -2.65% to -2.60%. After two or three seconds, when all three hundred million were executed, it held at -2.58% unchanged.
Possibly because Li Peifeng was lucky, ten seconds passed, with bulls and bears battling, transaction counts refreshing continuously, bulls gaining the upper hand, and oil seemingly finding its bottom and showing an upward trend, rising from -2.58% to -2.50%.
Li Peifeng’s three accounts also turned into a profitable state.
"After deducting fees, a total floating profit of three hundred and fifty thousand."
Indeed, in just these fifteen or sixteen seconds, oil rose from -2.65% to -2.50%, and Li Peifeng invested three million in principal, earning three hundred and fifty thousand with one hundred times leverage.
Although afterward, just a one percent downward fluctuation could make Li Peifeng lose everything and have none of the three million left, he couldn’t help but smile.
"I knew it would rise, very good, if I’m lucky enough, maybe I won’t need to go back in time, I can just use the money to make a big bet. If I lose... Well, three million is just over half a month’s royalties, five small targets, this little money isn’t a loss!"
A casino, a pure casino, going all in was just gambling, and ultimately, whether you win depends on fate!
Screw your quantitative stuff, screw your trading systems, screw your technical analysis! Screw your candlestick chart indicators!
Don’t look, don’t think, don’t consider, go all in with your eyes closed and let it be!!
Li Peifeng knew very well how risky his actions were. The floating profit did not make him complacent, if it weren’t absolutely necessary, he really didn’t want to use this method.
But cars, houses, dowry, the five hundred million capital demand, the time is short, the task is heavy, and there’s no other way, he can only try this zero-sum game.
"One thing’s for sure, because of the war, there’s a big trend here, only second to the initial pandemic period’s trends. The market will rest over the weekend and won’t gain strength until Monday, oil will probably surge, but if there are too many retail investors, the big players might collaborate to turn from long to short, shocking the masses of retail investors out of their positions before pulling up... So whether I can capture this wave of trends is very questionable!"
"A one percent movement could entirely liquidate my three million, winning will be good, but if I lose... I can foresee the specific trends within thirty hours, but the crucial question is, is it really necessary to use time travel to borrow money all over to make another round at that time?"
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