Chapter 35: Feeling Good Now, Let’s See If You Die or Not!
Lin Beifan and the others arrived at the trading room.
“Open up Ye Xingchen’s account and let us see what kind of trades he made and how much profit he has now!” Lin Beifan said with a smile.
Following Lin Beifan’s instructions, a trader opened Ye Xingchen’s account.
After glancing at it, the trader exclaimed, “Holy shit!”
“What’s wrong?”
“What happened?”
…
Everyone felt a sense of foreboding.
The trader said excitedly, “He actually… he actually went all in on shorting gold!”
Everyone was shocked. “What? He’s shorting gold, and he even went all in!”
Everyone present were professionals, and they knew exactly what kind of impact shorting gold at this time would have.
Liu Rumei anxiously said, “The global economy is currently weak, and the price of gold has been rising, forming a clear trend. It would be appropriate to go long on gold at this time! He actually went all in on shorting gold, he simply has no idea what the word ‘death’ means! I knew it, giving money to someone like him is useless! Close the position quickly, minimize the losses!”
“No need… no need to close the position. We’re not in a loss right now, in fact, we’ve made a huge profit!”
Liu Rumei was dumbfounded, “Made a profit? How much profit?”
The trader said excitedly, “Look, at this moment gold is plummeting, with a decline of 1.5%, close to 2%! Ye Xingchen went all in on shorting gold! This means our profit is at 15%, we’ve made 8 million!”
“Holy shit! How did this happen?” Everyone was amazed.
“Why would gold drop so much at this time? Find out for me immediately!”
“Found it!” the trader said excitedly, “Just now, a gold mine was discovered in Melbourne. After exploration, it is estimated that the gold reserves of this mine rank in the top 3 in the world! Due to oversupply, the price of gold dropped as a result!”
Everyone’s minds were once again filled with “holy shit”!
He had just shorted gold, and this news broke out?
The timing couldn’t be more perfect!
Incredibly lucky!
Lin Beifan laughed heartily, “I knew it, Ye Xingchen wouldn’t let me down! Where is our friend Ye Xingchen?”
Shortly after, Ye Xingchen arrived, “Boss Lin, what can I do for you?”
Lin Beifan looked at Ye Xingchen admiringly, “Ye, you have given me a great surprise! I don’t even know what to say about your decision to short gold at this time!”
“Boss Lin, did it result in losses?” Ye Xingchen asked cautiously, then regretfully added, “I knew I couldn’t handle this!”
But deep inside, he was filled with joy. Losses would be good, but losing everything would be even better!
Lin Beifan shook his head, “No, we actually made big money!”
Ye Xingchen exclaimed, “Huh???”
“Brother Ye, right after you went all-in on shorting gold, within half a day, it dropped by 1.5%, and now it has reached 2%! In other words, within this short half-day, you helped me make nearly 10 million yuan, with a total profit of 20%! You truly are my lucky star!” Lin Beifan excitedly patted Ye Xingchen’s shoulder.
Within half a day, it dropped by 2%!
Total profit reached 20%!
Nearly 10 million yuan earned!
Does that mean I helped him make money again?
Ye Xingchen’s face turned pale with shock, “How could this happen? How did it drop?”
Lin Beifan explained the reason behind the sharp decline in gold, describing the whole process with great enthusiasm and delight.
But Ye Xingchen was infuriated to the point of wanting to kill someone.
He had intended to make the other party suffer losses, but unexpectedly, they made money again!
Damn it, why is this demon so lucky?
After finishing his explanation, Lin Beifan patted Ye Xingchen’s shoulder again, “My friend, keep up the good work. I have high expectations for you!”
“Thank you, Boss Lin, for your trust!” Ye Xingchen forced a smile that looked worse than crying.
After returning, Ye Xingchen’s face became extremely gloomy.
He reopened his computer and logged into his company-assigned account, saying maliciously, “Since gold is plummeting now, I’ll go long, all in. I’ll make you suffer!”
So, he closed his previous short position and went all-in on going long.
“Now I feel relieved. Let’s see if you can survive!” Ye Xingchen sneered and went to find a place to rest.
He didn’t believe that he could make a comeback this time.
On the other side, in the trading room.
The traders closely monitored the movement of gold, and suddenly became excited, “Gold is rising! The bulls are too fierce now, many people are buying gold, driving its price up. Quickly close out the short positions on gold!”
One of the traders immediately accessed Ye Xingchen’s account and was left dumbfounded after checking it.
“Hurry up, otherwise, we’ll lose money!” someone urged.
That trader shook his head, “No need, Ye Xingchen has already closed out early and went all-in on going long on gold. We have gained 1% profit already. We made another 5 million! ”
Everyone: “Holy cow!”
