Soon, Zhou Bai returned home.
Then, he opened the futures software related to the straight flush.
A futures contract was a standardized contract that was formulated by the futures exchange and stipulated that a certain amount of the subject matter would be delivered at a specific time and place in the future.
In layman's terms, futures trading referred to " future expected goods."
If he used buying a cell phone as an example, he would make an appointment to buy a cell phone.
The cell phone wasn't actually on the market yet, but the market could estimate its price. Some thought it would be worth 10,000 dollars, while others thought it would be worth 5,000 dollars.
They bet against each other.
If the phone was worth 5,000 dollars, then the person who was valued at 10,000 dollars would lose 5,000 dollars.
If the phone was sold for 10,000 yuan, then the person who reserved 5,000 yuan would have earned 5,000 yuan.
The biggest difference between futures and stocks was that futures had a set time.
After we buy the stocks, we can hold them for five to ten years without any problem.
But futures couldn't. At a certain time in the future, physical delivery had to be carried out, just like when a mobile phone was listed on the market, the transaction was completed.
Of course, not everyone wanted to buy this phone.
Therefore, the person who traded the futures was only transferring the contract to buy the phone.
However, as long as you had this contract, you would have to pay according to the market price when the phone was released.
Another obvious difference between futures and stocks was that futures could use leverage.
Just like buying a cell phone, we only need to pay an advance deposit. In futures, it's called a deposit. Usually, we only need to pay 5% to 10% during the New Year.
If it was ten percent, that meant Zhou Bai had five hundred million, but he could actually buy five billion worth of contracts.
However, after using leverage, as long as the price fell by ten points, the 500 million in his hands would be gone.
Of course, if it increased by ten points, it would be equivalent to earning 500 million yuan.
This huge rise and fall was a great test of the heart.
It would be better if there was a limit in the country. If it was overseas, such as buying American crude oil, it might be gone in an instant.
After adjusting his mentality, Zhou Bai began to speculate in futures.
Because he had the system and had investment suggestions, what he saw on the screen was different from others.
What he saw was an additional rate of return.
Soy beans: Buy short at current price, return 0.31% after 10 minutes
Bean oil: buy more at the current price, return 0.23% after one hour
Rebar: Buy short at current price, return rate of 0.55% after two minutes
[Cob: Buy more at the current price, 1% return after 15 minutes]
……
Everything displayed had a rate of return.
Because futures were divided into two types: long and short, the investment suggestions displayed also included the direction of long and short.
That was to say, the previous example of buying a cell phone for less than 5,000 yuan or more than 10,000 yuan was a bet between them.
To buy more, the more the price of the goods they bought, the more they would earn.
And for those who bought short, the lower the price of the goods they bought, the more money they would make.
Zhou Bai observed for about half an hour before he completely digested the system's prompts. Then he bought a few futures that didn't require too much operation.
He had bought 100 million yuan each for glass and white sugar. With ten times the leverage, he had bought one billion yuan each.
Glass rose by 2.5 points, and he earned 25 million. White sugar earned two points, and he earned 20 million.
In just half an hour, he had earned nearly 50 million yuan. It was much faster than the stock market.
However, there was a price to pay. Even with the system notification, he still felt that it would consume a lot of energy. If he chose to buy them one by one, his head would probably explode in the morning.
Therefore, after selling apples and soybean oil for more than 60 million, he felt that this could not go on.
"Although I earned more than 100 million in an hour, it's too tiring.”Zhou Bai couldn't take it anymore. He really had to focus on these futures. He couldn't be distracted for even a minute.
After all, he wasn't a professional, because even the system's notifications could change in an instant.
If they didn't seize the best time to buy more or buy short, they might miss it or even lose money.
"I need to find a more stable futures and make a big profit in one go.”After thinking for a while, Zhou Bai rubbed his temples and started weighing.
Now, he had 600 million on hand. If he calculated with ten times leverage, he could buy 6 billion worth of goods.
Six billion. If he could find someone who could earn four or five points, he could earn three or four hundred million.
His small goal for today was not too much. Earning one billion was enough.
After looking at it for a while.
Zhou Bai finally found a suitable target." Iron ore!
The rate of return from the system notifications seemed to be different. Find the lowest price to buy more within two hours (reference price: 668), and you can get a return of up to 7% after two hours.
"Seven percent? Right now, the daily limit of iron ore was 7%. Didn't that mean that iron ore would directly reach the daily limit in two hours?”Seeing this, Zhou Bai's eyes lit up.
The daily limit of futures and stocks was different. The daily limit of each commodity in futures was different. The daily limit of iron ore this year was 7%.
Moreover, it was much more difficult to go up and down in futures than in stocks. After all, it was a leverage game. A stop would cause bankruptcy in a few minutes.
If he invested all 600 million, ten times the leverage would be 6 billion. Seven points would be more than 400 million!
In other words, just one shot was enough to make him return to the list of billionaires!
Seeing this, Zhou Bai's spirits lifted a little. He began to pay close attention to the price of iron ore.
Because the supply and demand of this iron ore had been relatively balanced recently, there had been little fluctuation. It had been hovering between the red and green lines.
When the price was high, it was 671 or 672, and when it was low, it was 669 or 670.
Zhou Bai was waiting for the price of 668, because this price also looked more auspicious.
"We're here!" After more than an hour, Zhou Bai finally saw the iron ore price rise to 668. The software immediately opened a position for him to buy!
Success, 600 million, all in one go!
If he returned to the list of billionaires, he might barely have 100 to 200 million left if he lost.
This was something that could happen within an hour.
This was a huge gamble with huge ups and downs!
Even with the help of the system, Zhou Bai still felt a little excited. He stared at the price curve of iron ore.
This book comes from：m.funovel.com。