"Wait... Sir, where do you want to go? Why don't we find a place and have a meal together? I can raise a large amount of funds in a very short period of time, as long as you do the trading for me.

We can..."

"Sorry, I think you misunderstood. We are not here to discuss business today, but if there is a chance, I think we will meet again."

Chen Weidong turned around, explained a little, and went directly to the second floor with Li Yun and others.

The young man wanted to say something else, but seeing that the other party didn't want to talk to him, he could only watch them leave.

When the figure in sight completely disappeared, he stood there for a while, then took out an old-fashioned mobile phone from his pocket and quickly dialed a number...

"Anders, do you know what I just saw?"

.....

Chen Weidong didn't know that he had been noticed. They stepped onto the second floor. Compared to the first floor, the number of people here was much smaller, but the professional atmosphere here was much stronger than that on the first floor.

Looking around, even the ordinary investors sitting in the lobby seem to be knowledgeable and have a relatively in-depth understanding of financial products.

There are even many people who are already conducting quantitative transactions on some financial products.

This is a big improvement.

As soon as Chen Weidong and the others entered the lobby on the second floor, they attracted the attention of many people, but those people only glanced at them and continued busy with their computers.

It's not unusual for a few Asians to appear in New York.

They didn't want to attract too much attention, they just looked at everything here casually.

After a while, Chen Weidong had a general understanding of the entire trading floor on the second floor and the investors' investment preferences.

From the electronic displays hanging on the wall to the topics those people talked about in low voices, they all seemed to revolve around oil, gold, futures, foreign exchange indexes, etc.

As the world's number one energy source, oil's importance is unquestionable.

Entering an era of rapid industrial development, the world's demand for oil is also increasing.

So far, no one has discovered any energy source that can completely replace oil.

Therefore, oil occupies a high weight ratio in the entire financial market.

What is more valuable than oil is gold, which is recognized as the most valuable hard currency in the world.

"Hello, can you open two accounts for us?"

Chen Weidong walked to the counter of an account manager and pointed at himself and his third uncle next to him.

As for Li Yun and others, their duty is to be good bodyguards, and they are not very interested in finance, so they don't play.

"Of course, please show your ID."

Chen Weidong and the others had already prepared for this. They took out several forged documents. The information was absolutely authentic internally and no one could find it. They handed it over to the staff.

It only took less than ten minutes for the staff to open two accounts for them.

And, one hundred thousand US dollars were deposited into them.

"Awei, let's watch the operation later." Chen Jie rubbed his hands and was eager to try.

Over the years, he has gained a certain understanding of various financial products. He is no longer the novice who didn't know how to trade stocks, and he is confident that he can quickly get started with futures.

"There are so many varieties, what should we play with?"

Several people stood in front of the display screen, looking at the numerous financial derivatives, and their eyes were dazzled for a while.

Fuel oil, gasoline, natural gas, hot-rolled steel coils, palladium, platinum... there are so many, there are dozens of New York futures trading varieties at a glance.

"Hi, friends from far away, do you want to play oil futures together?"

At this moment, a slightly joking voice came from behind them.

"Oil? I happen to be a little interested."

Chen Weidong turned around and saw a blond white man with a high nose. He adjusted his glasses with his hand and walked slowly in front of them. The smile on his face revealed a hint of evil intentions.

It seems that young people like them come here just to gamble.

Chen Weidong secretly laughed. He was going to speculate in the oil market anyway, so now he would just have some fun and exercise his hands and feet.

After that, the group came to two computers, entered the account number and password for opening an account, and looked at the recent trend chart of oil futures.

It is now 2001, and the international oil price is far less than the more than 100 US dollars in later generations. The current price is relatively cheap, only 14 US dollars a barrel.

"Young people, the price of oil has been relatively stable recently, always in the range of 14-16 US dollars. If you can control the laws of the market, I think you may be able to become a millionaire overnight."

The blond white man reminded optimistically, standing aside with a smile, as if he was ready to watch a good show.

"Really? Then I hope God can bless me."

Chen Weidong smiled slightly, how could he not know that the other party regarded him as a novice.

Although the current fluctuation range of oil prices is very small, there are often exceptions.

Futures trading has always adopted a margin system, which is generally around 10%, which is 10 times leverage.

The leverage of each futures variety is different. For example, the margin rate of commodity futures is generally 8%-15%, and the corresponding leverage is 6-15 times.

Through financial leverage, the transaction amount can be magnified instantly. Even for ordinary investors, many exchanges allow them to magnify the amount by 50 times.

In order to obtain higher huge profits.

It is reported that when Quantum Fund set off the financial turmoil in Southeast Asia, they amplified this leverage to 500 times, and with billions of dollars in principal, they instantly gained the ability to control the currencies of several countries.

This kind of effect can only be so miraculous in the financial market.

Of course, as the leverage increases, the space you can operate will also become smaller, and the risk will increase infinitely.

If you follow what the blond white man in front of you said, if you buy up at 14 US dollars, it may also fall below 14 US dollars.

Because of the leverage effect, your losses will be magnified dozens of times.

If the position is not well controlled, a fluctuation in the market can force your $100,000 position to be liquidated in just one minute.

In general, the futures market is different from stocks. It has its own leverage attribute, which will greatly amplify your profits and losses.

Speaking of the degree of risk, it is much more dangerous than gambling.

In his previous life, a friend of Chen Weidong secretly took 800,000 yuan from his family, leveraged it 10 times, and prepared to buy a stock at the bottom after the market plummeted.

Although he had gone through countless analyzes before this, at the critical moment, he was so nervous that he didn't even dare to place an order. His hands and feet were cold and his whole body was shaking. He was afraid that if something went wrong, he would go bankrupt.

In the end, I gave up and was teased by us for many years.

Chen Weidong looked at the oil trend chart on the computer screen. Without external force, it would be difficult for the price of oil to jump out of the range of US$14-16.

Now that the oil price is around 14 US dollars, he only needs to start going long at this position. When the oil price rises to 15 US dollars, the difference of one dollar will be magnified by fifty times of leverage and make a huge profit.

"Place an order."

Without saying a word, Chen Weidong decisively placed a multiple order.

This time, the capital he took out was only US$10,000. Through fifty times leverage, the capital was enlarged to US$500,000.
Chapter completed!