I am a nobleman in England
Chapter 270 Code Name: Thanksgiving!
"... Indeed, as the European debt concerns heat up, negative news about the euro has also appeared one after another, which provides many reasons for shorting the euro. However, from the overall market reaction, shorting the euro is not the only "voice". , There are still many views that are bullish on the euro. I think we need to be cautious in the choice of leverage."
In the meeting room, as everyone discussed, various opinions appeared. Arthur did not rush to make a decision, but listened carefully to everyone's suggestions.
After all, the purpose of his establishment of an investment company and an investment and financial advisory team is to escort his various investments in the financial field that he does not understand, and to brainstorm. Only in arguing can the best ideas and decisions be born. .
As Gilbert’s Law says, “The real danger is that no one tells you the danger.”
Arthur's greatest advantage is that he is self-aware, knowing how many catties he has, and if he wants to continue to succeed, he must make full use of his talents.
And he can't guarantee that he's always wise, so he has to choose the best solution from the suggestions of his men. People are lost in the matter, and they are afraid that no one will mention it.To be a vacant person, to allow others to say that you are not, this is the thinking of the strong.
"If the European debt crisis that is sweeping across Europe really occurs as we expected, I personally think that if the whole process is 100%, it is difficult to say whether it has reached 10% now. The probability of default is expected to reach 30% to 40%, so his bond yield is very high.
Although Europe does not have a central ZF, he is still a partner to discuss issues, but he uses the same currency.
What is the difference between the energy and quality of work of Germans and Italians and Greeks?I don’t think I need to say more about this. Everyone should know about it. I have been to Greece and Italy. The Greeks had lunch at 2pm, and the meal ended at almost 3pm, and the meal was finished at 9pm until 11pm. , I went to work at 10 o'clock the next morning, and I was about to eat lunch within a few hours of work...
The richest people in the area are all Asians. They all drive BMW and Mercedes-Benz. The locals drive the same car as Dacia (the cheapest car in the UK). Why?
Because the level of diligence is so different, one third of the villas in the suburbs of Florence are Asian, because the labor efficiency of one Asian is equivalent to eight locals.Of course, there are some shui problems, but the work efficiency is very different.You said that in such a country, its currency is the same as the German currency, and there is an inherent problem in it.
If the situation is that Germany has a lot of money and spends more money, and Greece has less money and less finances, then everything is fine.But they are all open to spend now, so the European debt crisis, I think this is just the beginning, and more problems may be exposed later.If you want to do foreign exchange, I strongly recommend shorting the euro!"
"I think the probability of Greece defaulting is very high, and they may even threaten to exit the Eurozone. Don’t forget, the current Greek love, those who play ZZ, may not be the same as Agentin back then. Shameless, once they choose this path, the risk of the devaluation of the euro becomes even more serious!"
"You can take a look at this report... The report shows that since Greece's debt crisis was exposed, hedge funds have not only shorted the euro, but also favored shorts of the British pound, and bought ri yuan. In terms of commodities, hedge funds tend to short natural gas. , Do more crude oil..."
"If the European economy fails to improve, it will be difficult to make money from the stock market. Central banks will print more money, so it's just to see who depreciates more. The best investment is to hold real assets..."
Arthur got a lot of confirmation from the Yu Yu words of this group of elites. Those memories about international finance in his previous life were not something he knew, and he could easily make money by relying on it.
The specific situation still needs to be analyzed in detail, and a professional is required to perform specific C work. The only thing he can use is to rely on those memories and combine many practical suggestions to make the most correct choice.
However, this time around the idea of shorting the euro in the European debt crisis, everyone's opinions are extremely unanimous. The focus of the debate is still whether the plan to short the euro this time is more conservative or more radical?
As the arguing disappeared, the conference room became quiet, and everyone's eyes were focused on Arthur. No matter how hard they argued, it was the young boss who made the final decision.
"Leverage 20 times. Let's choose the most suitable leverage. I believe that this kind of capital scale is sufficient." Arthur finally made a final decision.
You should know that 100 times leverage is the most common at the beginning of foreign exchange margin, because when people choose a platform, the platform defaults to 100 leverage. Its disadvantage is that it takes up more margin. For example, at present, you can open 100 times leverage on a platform. , 500 US dollars account, then buy 0.1 lot of euros, the occupied margin is about 145 US dollars, then, at this time the available margin is 355 US dollars, when the trend of the euro is opposite to the trend judged by the customer, or it is more affected by the market Big, up and down by two or three hundred points, then the position will be liquidated.
Because of this, many people have begun to switch to a 200-fold leverage or even higher model.
Anyone with trading experience in the market will choose 200 times leverage. 200 times leverage is the most suitable in foreign exchange margin trading. It occupies less margin and investors have greater ability to resist risks when trading.Of course, the ability to resist risks is for the absence of large spreads and no commissions.
Although there is a leverage of 400 times, the higher the leverage, the greater the loss you face.
However, speculators like Arthur who invest a large amount of US$200 million at a time can only choose some commercial banks or large investment companies that provide foreign exchange margin transactions to open accounts, such as Citi, Huifeng, etc., to ensure the complete safety of large funds. .The disadvantage is that the leverage is low and the spread is large.
The foreign exchange market is changing rapidly, and sometimes good news enters the market. The market conditions are not doing well, but falling. No one can guarantee that you will be able to make money. After all, the risk of foreign exchange speculation is too great to be affected by external factors.
Therefore, before entering the market, not only have to have a target price in mind, and close the position when it arrives, but also set a stop loss point, reach the stop loss point, speed stop loss, and leave the market.
The most important thing to speculate in foreign exchange is to look at the wind and make a decisive decision. It is not the same as buying stocks. It feels that it will rise. After buying it, throw it aside and wait patiently for it. Then after a while, it feels that it has almost risen Sell.
If this is the idea to speculate in foreign exchange, then there is really not enough money to liquidate the position!
Later, after determining the target price and setting the stop loss point, Arthur specifically asked Smith Jama to select a few members to form a foreign exchange team that was responsible for operating the short euro.
With Arthur's nervousness and worry, the foreign exchange team formally placed an order on the afternoon of November 26 to short the euro.
And this day is Thanksgiving in the United States. Although the United Kingdom is completely insulated from this holiday, it does not prevent Arthur from feeling good. The bald eagles built their country by plundering the natives, and now they shed tears of crocodile and are grateful.
Arthur also hoped that his plunder would be successful this time, and he would be grateful in the future...