Wall Street Legend

The last time he set foot in the oil futures market, Ye Dongqing had focused on the rising market in 2004. This investment was something that had been decided long ago. For this reason, he did not hesitate to find Bernard Madoff and get it from him. After getting a large sum of money at a high price, there is no reason for him to give up another opportunity to make big money because of the concerns of McCord and others.

Speaking of which, the time point for investment is not bad, but it is certainly not the best.

At present, the crude oil futures price in New York has exceeded 34 US dollars, and it was only 256 US dollars last time. If leverage is included, it means that he has "lost" a lot of money. He does not make money in business, and sometimes It means a loss. Many institutions have been cashing out recently. People who are bullish have made enough money. This is mainly because they suffered the last loss and feel that there is likely to be another flash crash in a short period of time.

The mainstream thinking is almost like this. This is one of the reasons why Mr. McCord and others believe that trading volume should be reduced or hedging. However, the truth is often concentrated in the hands of a small number of people. Ye Dongqing knows that the general trend in the next few years will be However, there may be relatively large fluctuations in the short term, but the overall trend will be upward.

The current oil price base is still small, so he thinks there is no need to worry too much. Oil producers, oil sellers, and even tax collectors are all profitable. This wave of rising oil prices is in the interest of everyone, except for oil-poor countries. And consumers who no one cares about.

Although with the arrival of Ye Dongqing, the world has begun to move towards a different development path from the previous life, people's greed will not change. Look at the war that broke out last year. It still appeared at a critical time. Ye Dongqing can learn from these contexts Find key points, such as this rise in oil prices, which he had anticipated long after the war began.

From a side perspective, every war is often driven by interests, and the recent rise in oil prices is no exception. Judging from the news obtained by Ye Dongqing, the buying price for entry at this moment is quite appropriate, eight to ten times. Different leverages. Due to the large scale of this transaction, the funds were dispersed to New York and London. We are temporarily prepared to buy one after another in two weeks, and the delivery time may be long or short, so as to flexibly adjust the position.

U.S. crude oil is one of the "WTI crude oil contracts" on the New York Mercantile Futures Exchange in the United States. The WTI contract is based on the Texas light sweet crude oil in the United States. Based on spot transactions, it has become the world's crude oil pricing An important part of the system, all crude oil produced in or sold to the United States is priced based on light, low-sulfur WTI, which is not much different from Brent crude oil in the United Kingdom.

As the two oil futures markets with the largest trading volume in the world, there are investment banks, fund companies, non-profit organizations, multinational organizations, individual investors, etc. The daily trading volume is very large, and many countries can be seen in it. For example, Japan, South Korea, etc., which lack oil resources, are an island country and have a huge demand for resources. They are present in almost every commodity exchange.

Ordinary people have no access to raw materials at all. They all spend money to buy final products that have been processed and priced. The price of crude oil has risen at an alarming rate in recent times, so that the game between the long and short parties has become more obvious. Ye Dongqing’s investment On the first day of the market, a leveraged order of US$4 billion was used to successfully raise the price of crude oil futures by 30 cents. However, it fell again shortly after, and then rebounded again without causing much fluctuation.

After all, it is only 4 billion U.S. dollars. With the recent surge in trading volume, it has not caused much trouble in the global crude oil trading market, but it is enough to make many nervous investors pay attention to him. The multi-party camp naturally feels that Fortunately, Ye Dongqing's two attempts last year ended in success. They think this can bring good luck. The herding effect can be seen everywhere in the business field. The more bullish people there are, the less likely it is that crude oil prices will fall.

For Ye Dongqing himself, the scale of this kind of futures is much more exciting than going directly to Las Vegas to gamble. There is not much business that can attract him recently. Considering the current price, spending such a large sum of money to speculate in futures is It's definitely a big gamble...

Now that the decision has been made, Mr. McCord will say no more. He rushed to Wall Street early this morning to discuss business with the multinational investment banks and securities firms. The banks must also communicate and coordinate well, Old Bernard This fund is considered a private placement and is subject to less supervision and can be more flexible in terms of capital flow.

As soon as Ye Dongqing came to the office, he turned on the data terminal. First, he looked at the stock prices of Apple, Netflix and other companies. The recent rising momentum was quite good. Then he stayed on the oil price page in the United States. The numbers were fluctuating up and down. , thirty-four US dollars and eighteen cents a barrel, not counting handling fees, etc., his average purchase price is thirty-four US dollars and twenty-six cents, equivalent to more than 116 million barrels of oil, enough for the world It consumes more than a day. Currently, the world consumes more than 80 million barrels of oil every day. Considering the cost of storage, few companies will store it for a long time, and generally sell it after production.

When oil prices rose in February last year, some oil tankers were parked on the sea and were unwilling to declare customs. After all, if they stayed for an extra day or two, they might have earned back several freight charges. This situation has happened again recently, with oil prices rising steadily. By stimulating the entire industry chain, consumers suffer the most. Oil prices often adjust upward, which means they have to spend more.

Playing with futures is far more exciting than investing in the Internet industry. Although the Internet industry is destined to bring more profits to Ye Dongqing, the process seems a little boring. The contract in front of him today is more like gambling. Every time the oil price fluctuates, One cent means millions of dollars in profit or loss to him. How many million dollars can an ordinary person earn in a lifetime?

The entire morning was spent browsing information and handling procedures, and I made more than a dozen calls. Today is Sunday, and most employees are not at work. For futures matters, some employees were forced to stay and work overtime. There is no way, who told the Middle East to rest on Saturdays and start trading on Sundays? People need to rest, but money never rests.

Choosing a bad time to buy it, Ye Dongqing quickly lost more than ten million US dollars. Almost forty Rolls-Royce Phantoms were gone, at least for the time being, which made him a little unhappy.

They all have dog noses. Little Edward suddenly came to visit. His hair was messy. He might have gone out without washing his hair. He sat opposite Ye Dongqing and asked energetically: "I heard that you are bullish on crude oil futures. How about it?" , are you sure this time? Don’t worry, give me first-hand information, I will never treat you badly..."