Chapter 338: Buying Blizzard and Losing One Billion(2/2)
The same is true for Tiger Fund's Julian, even he is more aggressive. At the highest, the fund's net value exceeded US$22 billion, which is higher than Soros.
However, these two funds suffered a crushing defeat when they joined forces to short the port stocks. As we all know, the referee not only modified the rules, but also left the field to play football.
Since then, the halo of these two funds faded and good luck gradually disappeared.
Until 2000, the two funds went bankrupt and liquidated, and disappeared from the stage of history.
But this operating model has never disappeared, and it is used by financial tycoons or other hedge funds.
Whenever they have the chance, they will reveal the sharp teeth of the shark and tear the prey to pieces.
With Zhang Xianglin away, Kari Garnett, as the top leader, is now getting nervous.
He deeply knew the horror of hedge funds. He wanted to close his position, and it was actually the best to withdraw at this time.
It can ensure the perfect exit of major funds in the event of losses.
But he glanced at the boss.
I found that the boss was not concerned about futures operations at all, but was fiddling with something there.
This seems ridiculous.
It actually gave Carri Garnett a lot of confidence. He became less panicked and calmly treated this very terrible positive news for short selling!
“Slow down the speed of building positions!”
"But don't hesitate!"
"Continue to increase your holdings! We are occupying a new myth of wealth here, and the goddess of luck will always favor our boss!"
“US$63.96!”
"buy!"
“…”
As Kari Garnett performed various operations according to Abel's previous instructions, the floating losses that had already been reduced gradually became larger.
From US$408 million.
Expanded to US$867 million!
The funds invested have exceeded US$4 billion!
The loss exceeded 20%.
At this time.
Another thing to say is that Abel is wise to enter with his own funds! If the 20% loss is used, it is not a few thousand times or hundreds of times exaggerated. It is four or five times. Such losses will also trigger the bank's margin requirement and directly lose all margin.
You can only cut your liquor and close your position and leave the market.
Not like now.
Because it's all owned funds.
Even if all the losses are completely lost and the floating losses are more than 4 billion yuan, you will still hold so much valuable oil futures contracts in your hand.
This is similar to the operation on stocks, as long as you do not use leverage multiples, you do not use margin trading.
No matter how the stock falls, as long as the company does not go bankrupt and the stock is still in hand, the loss will not directly become nothing.
But this also looks shocking.
After all, the loss has exceeded 800 million US dollars.
Even Kari Garnett.
He was also a little hesitant now. According to the requirements of the textbook, such losses should have been cut off as soon as possible, in addition to gambling.
He couldn't help but turn his head and look at the boss again.
I noticed that the boss was playing the game with a crackling operation and started playing the game with the mouse.
He also saw it.
The beautiful and charming Hollywood beauty relied on the role of Black Widow and became the representative figure of Dreaming for the World Movie, Scarlett Johnson.
She walked out of the office with a lazy look on her face and a spring tide.
Standing behind the boss.
Seeing the boss's crackling operation, he even pointed at him.
The boss and she were playing games.
Carri Garnett was a little speechless.
But he knew that this was a sign of the boss's confidence. In fact, now that he has made suggestions in the past, the boss will not agree.
He had no choice but to put his attention back to international crude oil futures!
In just a few minutes of his hesitation.
In the terrifying positive news just now, some people began to close their positions quickly in the sharply amplified trading volume.
In five minutes, the turnover of crude oil futures exceeded US$20 billion!
Fifteen minutes later, the transaction volume was 58 billion US dollars!
Abel's short orders of millions of hands, hundreds of positions, and Oasis Investment and Abel's own account, had a floating loss of more than 1 billion US dollars for the first time in 20 minutes!
Break through the double digit number in billions!
Even Soros, who was in the prime of his life at that time, could not afford such losses!
Carriganette deeply knows that this kind of consumable buying is the best time for those who are long to close their positions!
It takes several hours to open a position, and only minutes to close the position!
More than a dozen accounts lost more than US$1 billion, but fortunately it was just a floating loss...
Kari Garnett was shocked and frightened. In just a few minutes, how many people have set their sights on the boss at this loss?!
In this crazy market.
Recently, the powerful bear forces have been harvested by those bulls once!
Can't stand the challenge.
Those who choose to close their positions and cut their losses have been eaten up, and they have become the US dollars that these long-term guys lie on their accounts after closing their positions.
Although Abel also shorted.
But he did not use a margin account, and did not use a very risky leverage multiple, even if the floating loss exceeded 1 billion US dollars.
Just grit your teeth and don’t close the position.
This floating loss is just a floating loss for the time being.
But this doesn't last.
If there is more force and the market is avalanche, the floating loss will likely turn into a real loss!
Cary Garnett couldn't help but look at the boss who started teaching Widow's games.
Big boss.
Chapter completed!