A small number was a terrifying change in funds. The market was huge, and it was not something that ordinary people could control.
In the foreign exchange market, Lin Fan wasn't very cautious. Unless he had hundreds of billions of dollars, he wouldn't be discovered by the real big shots.
Now that he had 260,000 USD, he did not hesitate at all. He bought all the leverage in one go. The risk of foreign exchange leverage was the same as the futures market.
As long as there was a sudden loss, the capital would be reduced to zero. At the same time, it was possible to owe the bank hundreds of thousands of dollars.
Lin Fan could predict the price increase, so he wasn't afraid at all. 260,000 USD for a single purchase. A small increase could double his capital.
Five minutes wasn't a long time, but in Lin Fan's eyes, it was very slow. He watched as the dollar/yen ratio jumped from 105.2 to 105.21 and then to 105.22.
Then, it suddenly rose to 105.3. Now, the foreign exchange market was fluctuating. In a short moment, many people began to operate.
There were countless leverage in the market to raise foreign exchange. This was the operation of many big shots, intending to raise their capital again.
At the same time, there was also news about Japan's financial situation. It was estimated that the situation of Japan's financial situation was very good this time. Some experts analyzed that the trend was very strong and the increase was large.
Sure enough, after a series of operations.
105.3 It broke through to 105.4 once again and soon, it was close to 105.45. Lin Fan didn't wait for 105.5 to sell it short. Instead, he sold it all at 105.46.
It was also to avoid the previous incident. After all, if foreign exchange and futures fell, no one could stop it.
He sold the foreign currency at 105.46. In a decisive moment, the 260,000 USD turned into 670,000 USD.
This was more than five million, which was even closer to his goal. Of course, Lin Fan wasn't that satisfied. This was just the beginning.
This time, the drop would continue to fall below 105.2.
At the same time, Lin Fan decisively bought the falling leverage again. Similarly, if it fell below 0.1, it would double his capital. He invested 670,000 USD.
While waiting for the dollar/yen to fall, he also went to some foreign forums to take a look.
He realized that many people were optimistic about the rise. Some people really didn't see through the pattern of the increase in funds this time.
There was a guru who analyzed on the forum that this time, the USD/Jpy ratio would once again rise above 105.5 to achieve another brilliant result.
This was a post from a Japanese.
Lin Fan found it funny.
[Post: Our country is the strongest, 105.5 will definitely surpass it. This is the symbol of our country's rise, and no one can resist it.]
[Description: I have invested 500,000 USD to buy the price increase. I want to earn millions of USD in one go!]
The thread was filled with Japanese people protesting and voting. Lin Fan looked through it with interest. These Japanese people really used lame English.
He sent a message directly from below.
[108th comment: The trend is definitely not stable. It is inevitable that it will fall below 105.15. You guys just wait to lose money. I am 500,000 dollars in the market (smiley face)]
A post was sent over, and as expected, a group of people began to mock him.
[109th comment: The Chinese guy above, I wish you bankruptcy and jump off the building.]
[110th comment: Chinese people deserve to die. Just wait to suffer a loss, haha!]
[111th comment: You look like an idiot. It almost broke through 105.4 just now, yet you still bet on a drop. Drop your sister, idiot.]
[112th comment: If the price drops by 105.2, I'll run naked in the square.]
Lin Fan wasn't angry when he saw the group of people mocking him. He smiled and looked at the current exchange rate of USD/Jpy.
As a result, 105.3 had just risen to 105.32, and then it suddenly fell. The speed of the sudden drop was like a roller coaster.
Caught off guard, it fell below 105.25, and in less than a minute, it fell below 105.21.
Within 10 minutes, the price had dropped below 105.19. This caused the entire forum to panic.
Especially after his post, it was obvious that the Japanese were no longer calm.
[115th comment: What's going on? Why is it 105.19?]
[116th comment: Is it really going to fall below 105.15? I…I'm going to explode. I'm going to go bankrupt.]
[117th comment: All of you, calm down. This is a technical adjustment. I'm sure it will stabilize at 105.18.]
118th comment: Not bad, don't listen to that Chinese guy's weird words. It's impossible for it to fall below 105.15. It's about to recover. Everyone, continue to hold. Add more positions, add more positions to the end.
Lin Fan smiled. He looked at some people chatting and felt that it was interesting. He turned his head and glanced at the foreign exchange value.
In the chat just now, it had already reached 105.16. It did not even maintain here for a moment. There was not even a trace of an increase.
It had broken through 105.15 and instantly reached 105.1. It was about to fall below 105.1.
The funds in his account increased again, and the post had already started to explode.
120th comment: I, I'm bankrupt. I lost all my money just now.
121st comment: Me too, my 100,000 USD, I, I just sold it all. I still owe the bank 50,000 USD, oh my god.
OP: Wuwu, my 500,000 USD, I, I lost it all. I can't take it anymore. I can't take this kind of blow.
In just a short while, some people started to cry. At the same time, many Japanese people started to contact him, asking him why his prediction was so accurate.
She asked him how much money he had earned just now.
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