"As expected."
"The international crude oil price began to plummet three days later.”
"Unfortunately, with my current ability, I can only see the future within a month.”
"Under the investigation of my pair of eyes of time and space, after 27 days of plummeting, the international crude oil price has changed from the original 120 USD per barrel to 90 USD per barrel.”
"The price of a barrel has dropped by 30 dollars.”
Soon, under the investigation of Tidas's Space-Time Eye, he obtained the price trend of international crude oil for the next month.
It was almost as he had expected.
International crude oil would really plummet.
Moreover, three days later.
As for what price it would eventually drop to, whether it would drop to 50 dollars per barrel like in his previous life, it was not something he knew now.
After all, his Eye of Spacetime could only see the future for a month.
He was temporarily powerless to do anything for more than a month.
However, even so, it was enough for Tidas to be ecstatic.
Just the drop of 30 USD alone would allow him to earn an astonishing amount of money as long as he brought 20 million RMB into the market.
If he used the leverage again, the wealth he obtained would be unimaginable.
At the very least, he definitely had a few hundred million.
"There are only three days left."
"I have to register a foreign futures account as soon as possible.”
"Also, you need to choose a safe and reliable company.”
"In order to avoid accidents, it's best to register the foreign futures account within a day and complete it.”
As Tidas spoke, he began to investigate the information.
Tidas more or less knew some things about foreign stock companies.
After all, whether it was in his original world or in this world, the courses he studied were all related to financial and negotiable knowledge.
He was quite familiar with the platforms of international futures companies.
If he wanted to choose a good platform, he had to pay attention to three things.
First, choose a futures company that is strictly regulated by international financial supervisors and has more than three supervisors.
Moreover, it would be best if it was a futures company that had been in business for more than ten years.
This was because the longer the time, the more reliable the company would be. As for futures companies that were newly established within three years, they needed to be more cautious.
If he was scammed by others, the gains would not make up for the losses.
Second, the futures company you choose must be one that allows you to enter and exit freely. There must be no capital threshold, no orders, and free trading.
Especially the freedom of money, which was the most important.
This way, the money earned could be withdrawn directly without the need to go through the review of the security company.
Thirdly, there was the problem of the handling fee.
After checking the financial supervision license of the futures company and ensuring that it was under formal and effective supervision, they could choose a company with a relatively lower handling fee.
In this way, the profits would increase.
Although, this profit was not much more.
However, no matter how small a mosquito was, it was still meat.
Regardless of how much profit there was, at the very least, he should not give away the money he could earn, right?
Soon, more than two hours passed.
During this period, Tidas compared several official international futures companies and finally determined the company with the strongest strength.
This futures company had been in business for more than 20 years.
There was an absolute increase in his reputation.
Moreover, the handling fees were relatively low.
It could be said that it was Tidas's best choice.
After making his choice, Tidas did not say anything else and began to download the futures company's app.
This was the convenience of the internet era.
The phone could control everything.
There was no need to make a special trip overseas.
After downloading the APP, it was time to register the futures account.
Tidas was quite familiar with this.
It was completed very quickly.
After everything was settled, the next step was to buy crude oil futures.
Through the Eye of Space-Time, Tidas already knew that the price of crude oil futures would not change in the next three days.
The price had been maintained at around 120 dollars per barrel.
The fluctuation was not very big!
Therefore, he didn't need to wait three days to buy international crude oil futures.
Instead, he could start now.
Without any hesitation, Tidas began to operate.
First of all, he withdrew 20 million yuan from his domestic futures company.
After withdrawing the 20 million, plus the remaining 3 million from the previous withdrawal.
Tidas had 23 million.
He converted 21 million into US dollars!
The current exchange rate between RMB and USD was 1:7.
In other words, 21 million yuan could be exchanged for 3 million dollars.
After converting it into USD, he deposited the 3 million USD into his newly opened international futures account.
This 3 million USD was his deposit and also his capital to short international crude oil.
Other than that, Tidas activated the 100-fold lever.
This leverage was also more in line with Tidas's wishes.
International crude oil, whether long or short, was always 1000 barrels.
According to the current international crude oil price.
A bottle of international crude oil would cost 120,000 USD!
Next, he needed to borrow international crude oil from this futures company and sell it for cash.
Then, after the international crude oil price plummeted, he would buy the same amount of international crude oil at the price after the plunge and return it to the futures company.
The difference in price was the profit that Tidas had obtained this time.
This was the so-called short-selling. They would borrow the goods to sell first, and then buy the goods back when the price was low.
Therefore, short selling was different from Tidas's method of speculating in live pig futures.
A bottle of international crude oil was 120,000 USD.
Tidas directly borrowed 2500 lots of international crude oil from the futures company.
2500 lots, 120,000 USD each!
After selling these 2500 lots of international crude oil, Tidas obtained 300 million USD!
However, Tidas could not touch the 300 million USD.
Because he needed to complete the contract.
He was the only one who returned the 2500 international crude oil he borrowed from the futures company.
Only then could he touch the money.
"Done."
"The next step is to wait for the international crude oil to start plummeting.”
Soon, Tidas completed the short sale of international crude oil.
After that, he had nothing else to do.
He just needed to wait for the international crude oil price to fall to the lowest point and then start to close the position.
............................
The first update in the morning!
The tickets!
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