In Yan Mingde's opinion, the price of rebars has tripled in just one hour.
It may continue to rise.
He has observed the price of rebar and it is possible that it will rise by more than 10% today.
If they really help Lin Feng sell all the rebars short, then it is estimated that their work today can be finished before noon.
Because Lin Feng's little capital will definitely be lost before the afternoon.
He Yu and He Lei, two top traders, also hurriedly explained: "Mr. Lin, Yan Mingde is right."
"Because rebar has been rising fiercely recently, it has also become our focus."
"Just a few days ago, we helped a customer make a large order, and made a net profit of 70% on rebar."
"We recommend you to buy more, not short."
"Although there are not many orders that can be shorted now, it is difficult to match your amount of funds."
"But if you believe in us, we can guarantee that we can help you operate 360 million funds and buy more orders with 10 times leverage."
"20 times leverage is too much, and the risk is too great."
"Mr. Lin, if you really want to make money, why not listen to our advice?"
Su Hongxin also said: "Mr. Lin, Luo Weng is widely used in civil engineering construction such as houses and bridges."
"His price basically follows market demand."
"Base Infrastructure construction and the real estate industry have a great impact on the price fluctuations of rebar. "
"But now, the real estate industry is booming, and countless real estate developers are building buildings everywhere."
"And the current policy also supports real estate development."
"There is also the continuity of the steel industry and the seasonality of consumption."
"In winter, steel mills will not stop production, but there is not much demand for steel on construction sites. In addition, there will be a certain amount of winter storage for steel, which also makes the price of rebar fall in winter."
"But now it is summer. Since May this year, all the pure stored steel has been sold out."
"Steel production cannot keep up with demand, so the price of rebar will inevitably continue to rise."
"Mr. Lin Feng, let me handle this 360 million. Within one day, we can guarantee that you will have a profit of more than 30%. "
Lin Feng looked at the people who were talking in front of him and had a headache.
Originally, his idea was just to find a few traders to help him operate.
However, Ning Zhirou helped him find the top traders.
Lin Feng now felt that it would be better if there were a few traders who could obey him.
Lin Feng looked serious, then clapped his hands and said, "I don't want to repeat my order again."
"This is my decision, and what you need to do now is to execute my order and help me complete the transaction!"
"This market changes rapidly, and you just wasted a minute talking to me."
"Now, I don't want to waste any more seconds!"
"Complete my instructions now, otherwise, I will ask Ning Zhirou to replace me with a few obedient traders."
Bai Ying looked at Lin Feng and suddenly found that this was the first time she saw Lin Feng like this.
At this time, he seemed to have changed into a different person, and his aura was very strong.
The five top traders were busy and executed Lin Feng's orders.
Although he was full of rage, Yan Mingde quickly helped Lin Feng to buy short-selling orders in the futures market with a leverage of 20 times.
In today's market, too many people believe that rebar will continue to soar, so there are almost no short-selling orders, and all of them are brave enough to buy more.
So the operation that Lin Feng asked them to perform was very easy.
While operating quickly, Yan Mingde cursed Han Haoran in his heart.
"I am doing this for your own good! Because you are a friend of Ning Zhirou, I am afraid that you will lose all 360 million yuan, so I kindly advise you!"
"You want to give me money, right? You want to lose all 360 million yuan, right? I will help you."
Almost everyone had the same idea, so they operated very quickly.
A few minutes later, all the 360 million yuan on Lin Feng's account became margin.
Lin Feng bought short-selling orders with a leverage of 20 times at a price of 4712.32 to 4712.72.
After completing the operation, Lin Feng was relieved.
This price is the highest point of the price of rebar in 2012 in his memory.
And the price will drop sharply like a roller coaster in a while!
Lin Feng said to the five top traders calmly: "Thank you for your hard work."
"The rest is up to you.It is to slowly wait for the price of rebar to fall, and then complete the delivery. ”
“The most challenging task has been completed.”
The most challenging task?
Yan Mingde couldn't help laughing: "Mr. Lin, the price of rebar has been rising for three consecutive months."
"Even if the price will fluctuate, but you see this curve, it is a straight line going up!"
"This is determined by market factors."
"Say the price of rebar will fall? Unless there are giants of hedge funds doing the trading, there is no possibility of falling at all."
"However, there are really short-term giants who are paying attention to rebar futures, so Mr. Lin, what I want to say is that with your amount of funds, it is better to withdraw as soon as possible."
He Zishi also took the lead and said: "Mr. Lin, maybe you don't know the five of us."
"What I want to say is that the five of us are already the best traders in China."
"When the five of us agree that the price of rebar will rise, then it will definitely rise. "
"If you regret now, we can still help you complete the delivery as soon as possible, so as to avoid some losses."
"I have said what I should say. If you still don't listen to my advice, Mr. Lin Feng, we will have to leave first."
"Because we have completed the task you gave us."
"Now, we can't do anything except standing here and watching you lose all 360 million."
"Each of our time is precious, so we won't stay here, but we will help you find a few obedient traders, no matter how stupid your instructions are, they will operate obediently."
He Zishi is the most famous and powerful of the five people, and he is also quite arrogant.
Seeing that Lin Feng didn't listen to his advice at all, He Zishi's tone began to become bad.
Lin Feng ignored He Zishi's cold words and nodded, "Okay, then I won't see you off. Remember to close the door when you go out. "
Although the others were a little hesitant, they still decided to go forward and retreat with He Zishi.
At this moment, he stood up.
Bai Ying, who had been silent, suddenly shouted in surprise: "It fell!!!"
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