"I..."
Wu Wenyue was heartbroken, thinking to herself how easily this rich woman was talking, that’s three million, damn it, I’ve never seen that much money in my life.
"Alright!"
Huang Tianxuan knew what she was thinking and comforted her, "It’s not much money, and now you’re earning quite a bit each month. Broaden your horizons and open up your mind. If you ask me... we shouldn’t be advising Peifeng to stop, but rather to encourage him to close his position and continue buying in, speeding up the rate at which he loses those three million. Try to make him lose it all overnight, let him take a huge loss, and by no means let him lock in his gains. If Peifeng gets a taste of the sweetness this time, he will likely go deeper in the future."
Wu Wenyue frowned deeply after hearing this, but also felt it made sense, nodding slowly, "Better a short pain than a long one!"
Huang Tianxuan responded, "Then later, you come with me to seduce him, using his gambler’s psychology to continue to let him increase his stakes. I remember international crude oil closes around six or seven in the morning, so he will probably be staying up all night trading tonight. I’ll stay here, and once Peifeng loses all his money, we can educate him a bit, and strive to make him completely turn away from the financial markets after this loss!"
Wu Wenyue hesitated again, "But what if Xiaofeng’s idea actually makes money? After all, he’s already made more than five million..."
Huang Tianxuan sighed, "What’s his idea? He’s purely relying on luck to make money, calling a hundred times leverage an investment? Isn’t that just gambling? It’s better for him to lose it all, otherwise, if he gets a taste of success, even if he loses the entire three million principal, he will still want to make a comeback and continue throwing money into the market. So many stock and forex traders who’ve committed suicide have had this experience, we’re acting to help him stop his losses in time."
"Losing three million now is far better than losing thirty million or three billion in the future... And if Peifeng is confident and determined enough, no matter how we try to bamboozle him, he won’t listen. A competent trader will never waver in their trading convictions because of a few words from others. So if we fail to deceive him, it proves he does have the ability to earn from the financial markets, but if we succeed, it shows his mind is not stable, and sooner or later, he will lose money in the market. Do you accept this logic?!"
Wu Wenyue suddenly realized, "So we’re helping him to train his trading skills?"
"You can say so if you like, but I don’t see him possessing the talent to make money in the financial markets. Just a little persuasion from us will make him fall for it."
"You’re right, let’s give it a shot, come on, let’s go!"
Wu Wenyue agreed, making up her mind to get up and join Huang Tianxuan in persuading Li Peifeng to close his position and buy in, making him realize and retreat in advance.
But they actually didn’t need to seduce him, Li Peifeng was already thinking about closing his position because crude oil was rising!
Li Peifeng initially bought in with three accounts at a decline of -2.65%, with an average price of around 90.60.
But now crude oil had truly reversed from a decline to a rise, with the price at 95.12, an increase of 1.76%.
Li Peifeng’s three accounts had a total of over five hundred lots of crude oil, gaining 4.41 points, with a floating profit of 1.93 million US Dollars, equivalent to 12.3 million Great Eastern Coins.
"Made so much in such a short time?"
Huang Tianxuan was slightly surprised to see the string of numbers, she thought to herself no wonder Li Peifeng had lost all reason, acting like a gambler.
So many listed companies, tens of thousands of employees, and even their annual profit is only a few billion, while he alone moves a mouse and makes over ten million in less than two hours...
Wu Wenyue, seeing this string of numbers, was also a bit speechless. She suddenly realized that if they followed the plan and continued to incite Li Peifeng to close his position and buy in with Huang Tianxuan, and ended up crashing, it wouldn’t just be a loss of three million, but fifteen million when accounting for the floating profit!
I’ve probably never earned this much money in my entire life!
Seeing Li Peifeng watching the screen intently, Wu Wenyue tentatively spoke up, "Xiaofeng, aren’t you going to close the position?"
Huang Tianxuan slightly frowned and said, "Over ten million is enough, stop now... It’s eleven at night now, it’s ten in the morning in the United States, the folks on Wall Street are starting work, and the crude oil price is bound to fluctuate wildly next."
Li Peifeng seemed not to hear the two, stroking his chin, watching the profit figures on the screen jump, constantly pondering over something.
"My initial first buy was probably the lowest point of this wave, the main forces from across the ocean are really starting, no... this volume, the main forces aren’t moving, maybe a lot of retail investors and some institutions surged in... will the main forces prop it up now?"
Li Peifeng took a sip of water, observing the constantly transacting orders and the rising points, his heart vaguely arriving at an answer. Maybe he guessed wrong, maybe luck really had him buying right.
The tycoons from the Middle East and Wall Street wouldn’t even notice his small volume, even if Li Peifeng used ten million for two hundred times leverage, it’s only twenty billion Great Eastern Coins, which converts to over 2.6 billion US Dollars, allowing for buying around 2900 lots of crude oil (one thousand barrels per lot).
Yet daily trading on the WTI market is in the hundreds of thousands of lots, and during intense long-short battles, there’s tens of thousands of lots trading every five minutes, his small figure was simply inconspicuous.
"Oscillation, low-suck... Let me see where you’re hiding? Let me see what your cost price is."
Li Peifeng’s lips moved meaninglessly, adjusting the crude oil K-line chart to the end of 20 years, progressing forward bit by bit, trying to find traces to know when the main forces started accumulating, using this to further judge how high the crude oil price would be pulled up to satisfy the main forces.
Meanwhile, recent or more distant international news and the endless reports from various governments were flashing through Li Peifeng’s mind...
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