Urban: Becoming a principal from a junior college!

The vast majority of domestic netizens and investment institutions believe that Xingchen Students will definitely overturn this time.

Not too surprised by this.

After all, the investment market is like this. Even top investors will fall over, let alone a group of students.

In the investment market, things never go smoothly.

Xingchen students obviously still need to be educated by the market.

…

For a time, many people on the Internet advocated crude oil futures.

On the contrary, it attracted many netizens to buy it, thinking that they could make a fortune.

But only two days later.

The price of crude oil per barrel fell from $50 to $45.

Suddenly the land was filled with mourning.

Many netizens who entered the event because of public opinion were extremely distressed.

They basically entered the game with fifty dollars, and now they lost five dollars per barrel.

If you hold too much, this decline may result in losses of tens of thousands or even hundreds of thousands of dollars.

There are even those who believe that crude oil is going to rise and are confident in using leverage, so they will liquidate their positions directly.

At this time, many netizens who invested in crude oil were a little panicked.

Is crude oil really down?

Could it be possible that Student Xingchen really made the right prediction this time?

Xingchen Students shorted 20,000 barrels of crude oil. Now that the price of each barrel has dropped by five US dollars, Xingchen Students directly made a hundred thousand US dollars.

Will crude oil continue to fall?

Do you want to follow the example of Xingchen students and short the crude oil market?

Some retail investors in the market are feeling anxious.

But at the moment, most investment institutions are calm.

In such a volatile futures market, a drop of just five dollars is normal.

Having experienced strong winds and waves, they didn't take it seriously at all.

Everyone feels that the price of crude oil will definitely rise soon.

He even thinks that Xingchen students are making a small fortune now because they are lucky.

Many senior economic experts also spoke out to stabilize market sentiment: "Forty-five dollars is actually the long-term stable price of crude oil, but it is not what it used to be. In the era of industrialization, the demand for crude oil will only get higher and higher, so we must It will go back up in less than two days.”

"So this is actually an opportunity to add more positions..."

When many retail investors saw the experts speaking, they no longer hesitated and agreed very much.

Indeed, falling crude oil prices is a good thing.

The whole world needs crude oil. Forty-five dollars is definitely the lowest point, and it will rise soon.

If they buy crude oil futures at this time, they will definitely make a fortune.

As a result, market enthusiasm grew even higher as crude oil prices fell.

Many retail investors are shouting to add more positions, buy, buy, buy, the opportunity to get rich is right in front of them.

As for Xingchen students, although they are making money now.

But everyone who has played cards knows that people who win money at the beginning of the game will most likely export the winning money later.

Winning money like this is not a win at all.

Unless Xingchen Students stop short selling now, take the money and leave.

Otherwise, what you earn now will definitely be lost later.

…

At Xingchen Academy, Chu Guang also received reminders from many classmates and family members, who all believed that Chu Guang should give up when he was ready.

But Chu Guang looked at the investigation report made by his classmates.

I firmly believe that the drop of crude oil to $45 is just the beginning.

Chu Guang's father also plays stocks. It can be said that Chu Guang's interest in the financial industry is usually due to his father.

His father also advised Chu Guang to stop short selling now and stop when the situation is good.

Chu Guang is still willing to say a few more words about his biological father.

"Dad, we checked the information, and everyone thinks that crude oil will definitely continue to fall. But dad, you'd better not get involved..."

"We are using the money we made before. Even if we lose money, it is not a big problem. The big deal is to close the position."

"You'd better just play with your stocks. I suggest investing heavily in Moutai, because our teachers are also very optimistic about this stock."

Chu Guang knew his father's level very well.

If Dad didn't trade in stocks, his family would have lived in a villa long ago.

Dad has really made too many contributions to the country.

So he advised his father not to play futures, and he also recommended a stock to his father.

But Father Chu Guang was particularly dissatisfied with his son's kindness.

You and I have been speculating in the stock market for 20 years, and even those bullies say that $45 is the lowest.

The son had only been in school for a few years before he dared to challenge his father's authority.

Besides, Moutai is so expensive, how many people can afford it?

Now that there are restrictions on eating and drinking at public expense, Maotai will be in trouble sooner or later.

Buying Moutai stocks is a waste of time.

So Lao Chu decided to join the game himself.

So he did some hard work and bought $10,000 in crude oil futures.

At this moment, his face was filled with a confident smile.

I plan to show my son the income statement after he loses money.

Let your son know what is ginger or old and spicy. Your father will always be your fault!

But soon, Lao Chu sat on the wax.

It was only the second day.

The price of crude oil fluctuated again, plummeting another five dollars to a price of forty dollars.

Lao Chu's ten thousand US dollars was reduced to only eight thousand eight thousand US dollars.

When Lao Chu looked at this situation, his mouth couldn't help but twitch.

Damn it, didn’t these experts and professors say that $45 for crude oil is the lowest point?

Why did it fall again the next day?

A loss of more than a thousand dollars was nothing, but it was too embarrassing.

My son makes money and I lose money, right?

If his son knew about this, where would his father's dignity be?

Lao Chu couldn't help wanting to sell the futures and pretend nothing happened.

But when he checked the information online, he immediately changed his mind.

Netizens on the Internet were also discussing the fall of crude oil today.

However, there was no panic in the market.

Some experts and investment institutions stood up and said: "The cost of crude oil extraction is there, and the extraction cost determines the oil price, so it is definitely impossible to be lower than 40 US dollars a barrel. This is already the lowest point. It is recommended to increase holdings..."

And those retail investors also agreed with this statement.

The oil field is not a philanthropist, and the cost is there.

So 40 US dollars is definitely the lowest point, and it is impossible to fall further.

Even more retail investors think that it has reached a historical low, which is a good opportunity to make a fortune, and more people are pouring in.

Lao Chu is also one of them, and he also thinks that oil prices cannot fall further.

So I thought about it.

I chose to increase my position directly and invested another 10,000 US dollars.

The purchase price is lower this time, and I will definitely make more money at that time.

…

However, the next day, Lao Chu, who was looking forward to it, opened his computer and saw crude oil at 35 US dollars a barrel.

Lao Chu's eyes widened again!

Why did the price of crude oil fall again?

Isn't 40 US dollars the cost price?

How can it fall further?

Don't the capitalists of foreign oil production plants intend to make money?

This night, he almost lost 2,500 US dollars, which made Lao Chu feel distressed.

After all, as an executive of a large company, although he has made a lot of money in these years, most of it is managed by his wife.

Because he occasionally has bad luck in stock trading, his wife is willing to leave less and less stock trading funds for him.

He lost more than 10,000 yuan in one night, and Lao Chu felt distressed.

Lao Chu already agreed with his son's words.

Futures are very complicated, and he may not be able to play it. Why not go to play A-shares?

But when Lao Chu entered the investment groups he often watched and saw the heated discussions among netizens, he immediately gave up the idea.

The recognized expert in the group swore: "35 US dollars is definitely the lowest point, because the cost of extracting shale oil in the United States is 35 US dollars."

"If the price of crude oil falls below 35 US dollars, all shale oil companies will go bankrupt overnight."

"Do you think Trump will bankrupt his own shale oil companies?"

And the stock friends in the group also agreed with this.

35 US dollars is definitely the lowest point.

This is a once-in-a-lifetime opportunity to enter the market.

At this moment, the stock friends who were originally lurking couldn't help but be tempted and planned to get on the train.

And Lao Chu felt that everyone was right.

Trump has been shouting to make the United States great again, so he will definitely not let shale oil companies go bankrupt and will not let crude oil prices continue to fall.

If Trump takes action, crude oil will skyrocket immediately!

I have lost so much money. If I sell the futures now, I will lose a lot, but if I continue to hold, I guess I will make back all my principal and interest.

No, I want to make more.

To prove his investment ability to his family and to set an example for his son.

So Lao Chu gritted his teeth and took out his private savings.

He invested another $10,000.

He happily waited for the price of crude oil to rise.

…

However, another day passed, and Lao Chu was numb when he saw the price of crude oil in the futures market…

Crude oil fell again, to $30 a barrel.

Where is the King of Understanding?

Aren’t you great again?

Didn’t you go golfing yesterday?

Lao Chu was panicking.

The entire network was also a little panicked because of the historically low price of crude oil.

However, at this moment, financial news and experts stood up: "Don't panic, everyone. This wave of historically low crude oil prices is caused by the sluggish global demand for crude oil, but this is definitely the floor price, and it can't go any lower."

And many retail investors who were originally patient also felt that this price was ridiculously low and couldn't go any lower.

Many people shouted to start and enter the futures market.

Lao Chu looked at these remarks and felt much more at ease.

It will definitely go back up in one or two days at most.

But Lao Chu did not increase his holdings today, mainly because he had no money.

…

But another day passed.

The price of crude oil fell to $25.

Lao Chu felt a little pain in his heart and began to consider whether to cut his losses and leave the market.

But there was big news today.

The whole network was posting, that is, Trump tweeted, saying that he had reached an agreement with OPEC.

Lao Chu checked and found that OPEC is the world's major oil-producing organization. Trump reached an agreement with them to reduce oil production together.

This made Lao Chu feel relieved again.

As a senior executive of a large company, Lao Chu naturally understood the relationship between supply and demand.

The supply of oil has decreased, but the demand has not changed.

Then the price must go up.

This is stable.

Lao Chu silently gave Trump a thumbs up and decided to continue holding futures and wait for the return.

…

But another day passed.

Lao Chu looked at the crude oil futures price on the screen and was numb...

It fell by another five dollars, to $20.

Is this a bit outrageous?

Should I just run away? This way, at least there will be some left over from the 30,000!

But Lao Chu quickly read the news that made him feel at ease.

A well-known expert posted on Weibo, saying that $20 is the lowest price in the history of the crude oil market, and there is definitely no room for further decline, and it is recommended to get on board.

And a large number of stockholders were also attracted by this price, and they must not miss it.

Lao Chu also thought it was right, and even wanted to borrow money to increase his position.

...

Another night passed, and Lao Chu turned on his computer.

This time, Lao Chu felt that he had seen it wrong.

Why did it fall again?

Is $15 too outrageous?

Domestic oil prices still start at eight yuan.

You only charge $15 for a barrel of oil?

Where do you put my three barrels of oil?

Besides, didn’t the well-known expert say yesterday that $20 was the historical bottom price?

Why did it fall again?

Lao Chu ran to the expert’s Weibo and saw that the expert had already explained: "The $20 bottom price I mentioned is Brent, not WTI..."

Lao Chu checked again.

It turns out that Brent is the futures market in London.

And WTI is the futures market in the United States.

It turns out that we misunderstood.

Lao Chu nodded, feeling a little numb.

Anyway, at the price of fifteen dollars, Lao Chu didn't want to sell it, because the sunk cost was too high.

Let's wait for the price to rise.

Lao Chu was numb, but more stockholders were crazy, thinking that it had reached the bottom price, and came to buy the bottom with money.

...

Another day passed.

Lao Chu saw the price of ten dollars, and skillfully opened the web page to see the experts.

Sure enough, a new expert came out to explain: "It is close to the delivery period, and it is normal to have fluctuations, and it will rebound soon."

Lao Chu didn't want to guess whether it was true or not.

He had invested thirty thousand dollars, and he had already lost a lot of money.

So no matter whether it was true or not, let's wait a little longer.

And today, more stockholders poured in, shouting that buying is making money.

...

Another day passed.

Five dollars, Lao Chu looked at this price, and he was completely numb.

And there were experts shouting: "The oil price inversion cannot be maintained, it will rise soon."

Those who bought before were in mourning.

But another group of stockholders rushed in, shouting: "This is the real bottom, it has fallen below the cost of the big dog investors, if you don't buy it now, you won't be able to buy it!"

Old Chu closed the webpage silently.

But he also felt that five dollars should be the bottom price, it can't be free, right?

...

Another day passed, and Old Chu turned on the screen, with expectations in his heart.

Do you think it should go up?

But when he saw the numbers on the screen clearly, Old Chu felt dizzy...

What is going on?

Could his network be hacked?

Or is the world going to be destroyed?

Old Chu has never doubted his life like this.

Because the screen showed the price of crude oil at zero.

How could it be zero?

Doesn't it cost money to mine crude oil? Doesn't it cost money to transport crude oil? Doesn't it cost money to store crude oil?

How could it be zero?

Old Chu didn't understand, but he was shocked.

At this moment, Old Chu only knew that his 30,000 US dollars was really gone now...

After all, Old Chu was an executive of a large company and had experienced many ups and downs.

I'll just lose the 30,000 USD.

Futures are indeed a complicated business, and I'm not suitable for it.

Tomorrow is the delivery date, and Lao Chu is too lazy to sell it when he looks at the zero-yuan crude oil futures order.

It would be best if the price goes up tomorrow.

But it doesn't matter if it doesn't.

Anyway, I've already lost all my money, and this is the worst situation.

I'll just leave it there.

It can't possibly go negative tomorrow, right?

Thinking of this, Lao Chu was happy.

Although he didn't understand futures, he knew it would definitely not go negative.

After all, how can a seller sell something and still lose money?

Lao Chu stretched his body leisurely, and just regarded the 30,000 USD as a waste.

In his heart, he had already started thinking about where to get some money so that his wife wouldn't know that he had lost so much... (End of this chapter)