Chapter 997: Let Xiao Su break the bank
"It's okay, just wait." Su Chen's voice was unusually flat, and he was not frightened by the loss of 30 million in the slightest.
Because Su Chen's future expectations for the stock market are extremely accurate, at most 3398, the S&P 500 index will come to an abrupt end and fall in response!
This fluctuating loss is still within Su Chen's tolerance range.
On the same day, the S&P 500 ended at 3398, which was predicted by Su Chen.
And Su Chen's $100 million, the loss that day was about 50 million!
With a leverage of 100 million US dollars and 100 times, only one percent fluctuation is enough for Su Chen to blow up!
The maximum range he can tolerate is actually about 0.08%.
Once a certain threshold is exceeded, the securities company will require the fund account holder to make a margin call.
If you can't make up the margin, you will be forced to close the position directly!
Not negotiable!
Su Chen, as the owner of the funds, was extremely calm.
But Dong Ming had no way to be calm.
That's a multi-million dollar investment.
It only took a moment to enter, and nearly half of the effort was lost.
This made Dong Ming feel extremely pressured.
Thankfully, the S&P 500 did not continue to rise by the end of the day.
But looking at this form, rushing to three thousand four is just a blink of an eye.
And this number will also mean a positive signal for the market as a whole.
Once the limit of this number is broken, perhaps the upside of the entire stock market will be opened up again, which no one can say.
However, Su Chen used a hundred times leverage.
As long as the index price rises by about 0.03% or 0.04%, Su Chen will blow up!
If he doesn't want to be liquidated, Su Chen must call the margin of the corresponding share.
Although today's transaction is over, Dong Ming's heart is extremely depressed.
What will the stock market look like tomorrow?
……
After leaving the exchange, Dong Ming didn't sleep well all night.
Su Chen was extremely relaxed, because he knew that the U.S. stock market had reached a critical point.
The cliff-like collapse is about to begin!
And he, at this time, has already got the ticket to this feast!
Su Chen arranged Dong Ming and Wu Qixian not far from the hotel where he stayed.
I was just able to go to the exchange with Dong Ming and Wu Qixian to trade.
The school basketball team also got good news today.
The UCLA varsity team, which had gone out on exchanges in other states, has returned.
And it was agreed that a friendly match would be played in the school stadium of the 'UCLA' at noon tomorrow.
This was very exciting for everyone here.
In the evening, Qian You also cheered everyone present again and again.
However, there is still no Su Chen in the starting lineup.
Because Su Chen usually doesn't participate in the school team's training camp at all.
This game is extremely important, the starting lineup, how could Qian You take the risk of using Su Chen?
Similarly, Yu Chunlei also failed to play as a substitute.
This made Yu Chunlei slightly frustrated.
"It's okay, it's okay if I can't play tomorrow, I'll take it out tomorrow.
Su Chen said to Yu Chunlei.
Yu Chunlei replied in a low voice: "Boss, I'm going to the game tomorrow." ”
"They're better than theirs, we play ours, and besides, don't we have to play?" Su Chen said relaxedly.
"But we're on the bench, can we miss the game?"
"I'll go back and talk to Coach Qian." Su Chen groaned.
After the mobilization meeting in the evening, Su Chen directly found Qian You.
"Coach Money." Su Chen politely handed Qian You a cigarette.
"Oh, Xiao Su, what's the matter?"
"Coach Qian, don't I have to play tomorrow, I want to discuss something with you." Su Chen said.
"Huh? What do you want to tell me? ”
"I want to ask you for a leave of absence, and I will go out with Yu Chunlei tomorrow, after all, I finally went out of the country, I can't just look at nothing, and go back if I don't buy it."
Su Chen's words are reasonable, but he is here to participate in the competition, not to travel!
And haven't you had enough time in the day today?
But Su Chen will come to trouble, so he picked up a gift box and stuffed it into Qian You's hand.
"Coach Qian, today I went out and took a casual look and bought something, I don't know what you like, so I bought it blindly, if you buy it wrong, you can bear with me."
Su Chen's money is not a small amount of money.
In this gift box, there are a total of two small packages of cigars.
But the price reached $3,000 a box.
In other words, such a gift box, two small boxes of cigars, is worth more than 40,000 Chinese coins!
Qian You is not an illiterate person.
On the contrary, as an old smoker, he may not have smoked this grade of cigarette.
But it's definitely not strange!
He realized the value of this box of things, and also raised his eyes and glanced at Su Chen deeply.
But he was still a little hesitant.
How could Su Chen not think that he was hesitating, and immediately said again: "Coach Qian, I also prepared gifts for the other teachers, and I sent them over when I went back."
Su Chen only said this sentence simply.
Qian You was very satisfied, he looked at Su Chen meaningfully and said: "Let Xiao Su, you break the bank, tomorrow you go out with Yu Chunlei to pay more attention to safety, if you have any questions, remember to contact me." ”
"Trouble Coach Money."
If Qian You's side gets it done, the others will naturally not be a problem.
Later, Su Chen will deliver the 'small gifts' he bought to the door one by one.
Naturally, it also gained the favor of everyone.
Money will come to things, who doesn't like this kind of student?
Who doesn't get tired of seeing something like that?
The next day, when Qian Youyou and the others took a bus to the 'Los Angeles campus' to participate in a friendly basketball game.
Su Chen also took Yu Chunlei to join Dong Ming and Wu Qixian.
Dong Ming, who didn't have much rest all night, had a little more bloodshot in his eyes.
After Su Chen got into the car, he frowned slightly and said to Dong Ming: "Manager Dong didn't have a good rest last night?" ”
"Let Mr. Su smile, last night I have been reviewing the relevant content about the 'S&P 500 Index', I think the 'S&P 500 Index' is very healthy, it is currently in a long market, I suggest you stop your losses and go long now."
Dong Ming suggested to Su Chen very seriously.
He went back last night and couldn't sleep at night.
The afternoon haunted him like a nightmare.
A hundred times the leverage, even if it is 100 million US dollars, if you want to lose, it is actually only a moment's work.
He couldn't afford it.
So he hoped that Su Chen could change his direction.
It's just that his suggestion was not adopted by Su Chen at all.
Instead, he was severely reprimanded and warned by Su Chen.
"Manager Dong, I want to reiterate to you again, do what I ask, don't have any undue thoughts, the loss of funds has nothing to do with you, even if you really lose everything, that's my business, you just need to firmly implement my requirements to operate!"