I'm not interested in money or women.

Chapter 110 Chu Hao Comes to School
Lu Feng had a deep impression of Mr. Chu because he had heard Feng Xiaoxiao talk about him several times.

The reason why Feng Xiaoxiao mentioned him was because he had always been competing against Lu Feng.

Ever since he started trading silver futures, Lu Feng has always been firmly bearish.

But there are also many bulls in the market who are bullish on silver.

Mr. Chu is one of them.

He runs a manufacturing plant, mainly producing distribution cabinets, switches and other equipment.

These devices require a large amount of silver during the production process.

Factory purchases are generally made on a quarterly basis and are greatly affected by the spot silver price.

The net profit of electronic power products is not high, and most of the time it is around 20%.

Once the silver price fluctuates by more than 20%, it will affect the factory's profits and even lead to losses.

Therefore, many companies will enter the silver futures market and hedge risks through hedging.

Mr. Chu is one of them, and he is one of the more successful ones.

He entered the futures market with 10 million yuan and after more than three years, he has earned more than 30 million yuan from the margin.

In the futures market, there are many shooting stars but few fixed stars.

An institution has conducted a survey and found that in the futures market, the lifespan of the vast majority of accounts does not exceed half a year.

In other words, the life cycle of a futures trader is basically around half a year.

Those who can survive in the market for more than half a year are rare.

And someone like Mr. Chu, who has survived for more than three years and can still earn more than 20 million, can definitely be considered a master.

Therefore, when Feng Xiaoxiao was asked by Lu Feng to understand the market, the first thing she thought of was to ask Mr. Chu for advice.

However, Mr. Chu's judgment on the market is completely opposite to Lu Feng's.

He is firmly bullish on the subsequent silver market.

Lu Feng explained the reason when he was teaching Feng Xiaoxiao.

It's actually survivor bias.

Players who make the right move in the futures market will have strong self-confidence, believing that they fully understand the market and even control market trends, feeling that they can make things happen with a wave of their hands.

In this situation, it is easy for people to become blindly confident.

This kind of self-confidence will make people complacent and make it difficult to judge the market with a calm mind.

It is easy for decision makers to only see what they want to see and ignore content that contradicts their opinions.

Just like Mr. Chu, from the perspective of an industrial buyer, judges that the subsequent market will definitely go up, so he will only see bullish news and comments in the market, which will further strengthen his ideas.

However, market trends are not affected by individual will.

Since Lu Feng established a short position, silver futures have been falling for nearly ten days in a row, falling by two limit downs.

And all the profits that Mr. Chu earned in the past three years have basically been lost.

This is the cruelty of the futures market, you make money quickly, but lose it even faster.

However, judging from Feng Xiaoxiao's description on the phone, Mr. Chu was obviously not convinced. He believed that the market decline was only temporary, a correction to clear out the scattered investors and make room for subsequent pull-ups.

He firmly believed that there were a large number of bulls off-market who were gathering funds, and it would not be long before they would come in and defeat the bears in one fell swoop.

The basis for his judgment is that industrial orders on the market side are increasing, which will also lead to an increase in industrial buying demand in the near future, thereby driving up silver prices.

He also saw the news about QE3, but he believed that quantitative easing would be beneficial to exports and increase corporate orders, which would be a double benefit.

Therefore, he firmly stood on the bull side, believing that as long as he held on and was not cleared out, he would surely see the dawn of victory.

Just yesterday, Mr. Chu’s margin returned to the level before and after the liberation. Not only did he not stop, but he added another 5000 million and went long with the entire position!

After learning the news, Lu Feng knew that he was doomed this time.

Not only him, but also his silly son will be doomed.

Those who stand against the market will never have a good ending.

Therefore, Lu Feng simply put aside what happened in the afternoon and refocused his energy on solving the problem of platform review, busying himself preparing to save the country in a roundabout way.

However, Lu Feng still overestimated Chu Hao's intelligence and shamelessness.

Just after school the next afternoon, Lu Feng received a call from Xia Hongming.

Chu Hao came to school.

At the gate of Jingong University, there are seven or eight sports cars parked in the driveways at the entrance.

Porsche 911, GTR, Audi R8, Bentley Continental GT, SLK55 AMG, Aston Martin Vantage, Ferrari 488, Lamborghini Huracan, all brands, all styles, all fancy.

These cars did not drive into the school gate, but were parked in the driveway at the school gate.

Taxis coming from behind couldn't get in and could only honk their horns or stop on the side of the road, drop off the passengers, and then turn around and leave.

The lane in front of the school gate was already crowded, and it became even more congested after being blocked by these cars.

The most eye-catching thing is that a bunch of bright red roses were placed on the front of the Porsche 911 parked in the front. Next to the roses, there was a megaphone that kept repeating a message: "Skewer sister, I love you! Be my girlfriend!"

So many sports cars were eye-catching enough, and coupled with such a high-profile confession, it immediately attracted many classmates to gather around and watch the excitement excitedly.

Chu Hao leaned on the front of the car, looking at the school gate in front of him with a smile on his face.

He was waiting for Lu Feng to appear.

Don’t you like smashing cars?

Today he called all his friends' cars over and smashed them all if he had the guts.

There were several young guys standing next to the sports cars in the back, chatting and smoking.

They are all friends that Chu Hao usually plays with.

I learned that Chu Hao’s car was smashed yesterday, so I came here to help today.

"Brother Hao, where is that kid?"

A young man with short orange-red hair, wearing exaggerated gold chain jewelry and dressed in a hip-hop style came up to Chu Hao, chewing gum and asking him.

"Don't worry, he should be out soon."

Chu Hao sneered and glanced at the students who were watching the fun around him.

He made such a big fuss, he didn't believe that the kid wouldn't come out.

Don’t you like to stand up for Xiong Baochan?
He was going to use this method to force that guy out! Let that guy humiliate himself in public!

"Young man, please drive your car away quickly. You can't stop here and block the traffic."

The security guard came forward again to persuade them to leave. This was the third time they came.

Chu Hao didn't take it seriously, and spread his hands like he did the last two times: "It's impossible to drive! Our car is broken here. That guy named Lu Feng in your school can repair cars, can we ask him to come out and take a look?
If he can’t fix it, he’ll just smash it. He loves smashing cars the most.”

Seeing his rogue appearance, the security guard frowned angrily: "This is a school! If you make trouble here, we will call the traffic police!"

"Report it!"

Chu Hao smiled: "It's best to drag him away."

Even if it is towed away, they can drive the car out by paying some money and park it here again tomorrow.

He must make Lu Feng look bad!
"Chu Hao!"

A voice came from the school gate.

Then, Luo Qingcheng ran over with an anxious look on his face.

Seeing her appear, Chu Hao's face suddenly darkened.

"What are you doing?"

Luo Qingcheng looked at the roses on the hood of his car and the voice from the loudspeaker, anxious and angry: "What are you doing here? Why didn't you answer my call?"

"What does it have to do with you?"

Chu Hao frowned and glared at her: "I have already told you clearly on the phone, we have broken up."

"separate?"

Luo Qingcheng was so angry that his chest heaved: "You want to break up with me just because of one sentence on the phone? What do you think of me?"

Chu Hao's purpose of coming here today was not for Luo Qingcheng. Seeing that she was still arguing, he waved his hand impatiently: "Don't talk to me about this. Breaking up is breaking up. Go do what you need to do!"

"Why?"

Luo Qingcheng grabbed his arm and said, "You must explain yourself clearly to me!"

"What the hell are you talking about?"

Chu Hao was annoyed and pushed her away: "I've had enough fun and don't want you anymore, okay? Is that clear enough?"

Luo Qingcheng was struck by lightning and his face turned pale instantly.

"I love you, kebab sister! Be my girlfriend!"

Chu Hao's smiling voice was still coming from the loudspeaker nearby.

Luo Qingcheng suddenly reached out and grabbed the loudspeaker in a frenzy, then threw it hard to the ground.

hum!
There was a sound of electricity, and the sound from the loudspeaker stopped abruptly.

"How dare you smash my things?"

Chu Hao stared at her angrily and clenched his fists.

Inside the school gate, Lu Feng watched this farce with interest and smiled faintly.

This boy is really stupid!

If he were Mr. Chu and had such a son, he would be so angry that he would die.

(End of this chapter)