Huo Qixuan went out with ten foreign exchange trading accounts and continued to be busy.
First, he went to the bank and used his ID card to get a bank card. Then, he issued a receipt.
With that, all the accounts were ready.
For the sake of experimenting, Huo Qixuan transferred 10,000 USD to one of the accounts and chose the USD/THB currency pair.
Next, he set the leverage ratio.
After making all the preparations, Huo Qixuan sold the selected Asian currency pair on the trading platform.
The entire process was done in one go.
"Alright!" Huo Qixuan laughed.
He checked all the remaining accounts one by one.
After confirming that there was no mistake, he gave the remaining money to the person who sold the account and changed the password himself.
Now, he had ten foreign exchange trading accounts.
"We only need the east wind!" Huo Qixuan smiled.
At night, Huo Qixuan walked into the dining room at home. The family was already sitting around the dining table.
The dining table was filled with all kinds of home-cooked dishes.
There were steamed fish, braised pork, twice-cooked pork, stir-fried vegetables, and so on. They emitted a mouth-watering fragrance.
His family was present, and the atmosphere was very warm.
After Huo Qixuan sat down, the family began to chat casually.
Zhu Ling praised,
"Qixuan, this Twice Cooked Pork is your favorite. Try it.”
Huo Qixuan smiled and said,
"Thank you, Mom."
He picked up a piece of Twice-cooked Pork with his chopsticks and enjoyed the delicious food while sharing the fun of learning with his family.
The news came out from the television.
The screen showed that the Thai baht had depreciated. The Thai government had mobilized more than 10 billion foreign exchange to save the market, but international speculators still short-sold the currency and suffered heavy losses.
Huo Yingdong's relaxed expression turned serious when he saw this.
The atmosphere at the dining table became tense as everyone turned their eyes to the television.
Huo Yingdong frowned and said,"
"Why is this foreign exchange crisis so sudden?”
Huo Zhenting glanced at the television and said,"
"Dad, don't worry too much. The financial market here is still relatively stable.”
Huo Yingdong shook his head."
"It might trigger a chain reaction. No one can guarantee that it won't affect us. We still have to be prepared."
Huo Qixuan lowered his head and ate quietly.
However, she was overjoyed.
Because he was also a member of the international speculators.
It was inevitable that the Thai baht would depreciate. This was a series of consequences caused by the Thai government's wrong economic policies.
This mistake was magnified by Soros and other international speculators, which led to a financial tsunami.
After dinner, the family was still chatting in the living room, talking about their own lives.
Huo Qixuan had already begun to ponder the movements of the foreign exchange market.
He returned to his room and began to follow the international economic news on the Internet.
At the same time, he understood the monetary policies of various countries and the latest foreign exchange trends.
In the next few days, Huo Qixuan observed the impact of the Thai baht's depreciating on the currencies of neighboring countries.
The depreciating Thai baht had indeed affected the currencies of other countries.
The currencies of some countries also began to show signs of depreciating.
Huo Qixuan boldly went short on the currency pair between the Thai baht and the US dollar.
As the Thai baht depreciated, his account began to gradually increase in value.
In addition, Huo Qixuan also invested in other Asian currency pairs that were affected by the depreciating Thai baht.
For example, IDR, Korean won, New Taiwan Dollar, etc.
Huo Qixuan accurately predicted the arrival of the financial crisis.
In this crisis, not only did he short the Thai baht, but he also seized the opportunity to depreciate the currency of other countries affected by the depreciating Thai baht. He acted boldly and used high leverage to quickly amplify his profits.
The financial crisis was getting worse.
Not only was Huo Qixuan not afraid, but he also decisively increased his investment and continued to short Asian currencies. His profits continued to rise.
At this time, many countries took measures to deal with the financial crisis.
However, Huo Qixuan had always kept a close eye on the market, flexibly adjusting his strategy and seizing opportunities.
In this financial crisis, Huo Qixuan successfully took advantage of the depreciating relationship between the US dollar and various Asian currency pairs to seize investment opportunities in the crisis.
In the end, in this storm, he cleverly used high leverage and a diverse investment strategy to increase his 300 million dollars by 20 times, and his wealth reached an astonishing six billion dollars.
Huo Qixuan looked at the soaring amount of money in his account and was so excited that his face turned red.
Damn, no wonder Soros and the others liked to play this game.
It was too easy to earn money.
In just a month, he had earned billions of dollars.
It was too crazy and terrifying.
With this money, he could fulfill countless dreams and wishes.
Huo Qixuan even gained a sense of security and relief.
Financial stability brought peace of mind and freedom. He no longer had to worry about financial problems and could focus on pursuing higher goals.
He had used the Huo Corporation's reputation to borrow 300 million US dollars. It would be a lie to say that he was not stressed at all.
Now that he had received a generous return, this sudden change filled him with excitement and even felt a little surreal.
" This is just the beginning…" Huo Qixuan muttered to himself as he continued to perfect his plan.
His real goal was the Quantum Fund and Wall Street.
As long as he could reap a good harvest from this crisis, he would be able to accumulate enough funds for his development and show his strength.
This book comes from：m.funovel.com。