High-tech invasion, I can see the future

Chapter 3 Futures Margin, Millions in Profits!

Inside the stock exchange.

A large screen covered the entire wall, displaying futures market quotes from around the world. Red and green numbers flashed continuously, representing price fluctuations.

The scrolling news items at the bottom of the screen are updated in real time with the latest market dynamics and important news.

The traders all looked exceptionally busy, and a tense atmosphere permeated the air.

There is an information desk on one side of the lobby, where people are currently asking questions.

Bai Yu had only dabbled in futures trading twice in his previous life and wasn't particularly familiar with it, so he went over and waited for a while.

"Sir, what can I do for you?"

"I'd like to open an account."

"Please go to window number five to open an account."

"OK."

After saying that, Bai Yu walked to window number five.

"How much margin do you plan to deposit this time?"

Bai Yu had already planned it out before he came. He had 250,000 yuan left in his card, so he decided to just throw in 200,000 yuan!

Two hundred thousand.

"Please wait a moment."

"Um."

While waiting, Bai Yu also reviewed some basic knowledge about futures.

Futures can be viewed as a contract, such as three months later, Party A will buy one ton of pork from Party B at a price of 15 yuan per kilogram.

This type of contract ensures that farmers' products have a market and allows buyers to lock in future purchase prices.

But why have futures become a high-risk financial product?

The core lies in the margin system! The margin system creates a huge leverage effect in futures trading.

The account opening process was quick.

After opening an account, Bai Yu didn't delay and immediately found a trader to inquire about the current market situation for soybeans.

The trader was a bespectacled man who looked quite handsome and refined.

He chatted briefly with Bai Yu, then said, "At your age, you're still in school, right? You dared to invest 200,000 yuan on your first time trading futures? Your family must be rich!"

Bai Yu smiled and did not deny it. The main reason was that if the trader in front of him knew that he was an orphan and was going all in on the compensation money, he would definitely try to persuade him to stop.

Seeing this, the trader didn't say much, thinking that it was best to just do his job well.

Good advice is useless when it comes to a damned devil.

Many people who come here are even less likely to listen to advice.

"Currently, the market price of soybeans is 2.25 USD/catties. The market expects soybean prices to fall, with the contract price in two weeks to be 2.18 USD/catties."

"One contract is for 1,000 jin of soybeans, which is 2180 federal dollars."

"The margin ratio for soybeans is 10.5%. If you have 20 in margin, you can buy 873 lots."

"After deducting transaction fees and investor protection fund contributions, I suggest you buy 800 lots. What do you think?"

Bai Yu nodded.

"Can."

"Then I'll buy it for you?"

"Buy it. I'll accept the loss. It's not a big deal."

Upon hearing this, the trader smiled and shook his head.

To be honest, as a trader, he has a very good understanding of information from all sides.

This year, the fourth administrative region, which is South America, has the greatest impact on the current market because its soybeans were harvested between March and July.

The weather in the Fourth Administrative Region has been quite good recently, resulting in a bumper soybean harvest in the soybean producing areas.

Soybean prices are expected to decline.

There's little chance of making money doing this now; it's mostly for newbies who don't know anything and just mess around.

However, he wasn't familiar with Bai Yu and couldn't possibly offer him information voluntarily. Otherwise, if soybean prices skyrocketed, he'd be in trouble!

The trader quickly completed the transaction, and Bai Yu received the transaction confirmation slip, transaction records, and other documents.

The trader also added Bai Yu on WeChat, and Bai Yu glanced at the other party's WeChat.

Trader - Xiao Chen.

"It looks like a work ID number."

Bai Yu glanced at the 800 contracts he had just received, his heart burning with excitement.

What does 800 lots mean? It means nearly 1.8 million trading contracts. That's nine times the initial investment!

According to the information provided by the cheat code.

On July 25, soybean prices reached a high of 3.61 federal dollars per kilogram.

At that time, will his profit be only 1.43/2.18 = 65.6%?

Do not!

他赚取的实际钱财将是：800手×（3610-2180）联邦币/手=114 4000联邦币

Even after deducting handling fees and other extra costs, I still made more than a million.

This is futures trading! Using a principal of 200,000 to earn over a million is the allure of leverage.

Of course, this is one side of making money in futures trading.

However, if soybean prices fall to 1.93 federal dollars per kilogram during this period...

This would become a different calculation: Loss = 800 lots × (2180-1930) Federal Coins/lot = 20 Federal Coins

In this situation, if the margin is insufficient and no further margin is deposited, the position will be forcibly liquidated.

This means 200,000 yuan will go down the drain! In severe cases, it could even lead to debt.

Just as I stepped out the door, my phone rang.

"You who love 250°C"

Drops of pure distilled water~

[Adopted Son]

"Feed~ Brother Yu."

"Did you see the message?"

"I saw it. Why are you suddenly planning to take leave? You're giving up your perfect attendance bonus?"

"Didn't I say I want to play soccer?"

"Pah! I don't believe you for a second! Every time we play soccer, I'm the one who drags you along. Tell me, is it because of that slicing up of the piglet baby?"

Bai Yu was stunned for a moment upon hearing this.

Yesterday, Wednesday, was his weekly day off.

And with the cheat system, his mind was completely focused on it, almost forgetting the minor conflict he had caused the night before by editing a video of a female anchor in the company named Xin Xin Baby.

The incident started simply: Bai Yu edited out one of the few funny clips of the female streamer and posted it on his video editing account. However, for a moment during the clip, the beauty filter failed, revealing her chubby face, which was caught by sharp-eyed netizens who took screenshots.

Since Bai Yu was in charge of editing, he didn't notice this problem.

Yesterday, after seeing several unflattering photos in the comments section, this woman got so angry that she went straight to the editing department when she arrived at work in the afternoon and started swearing at them.

It turned out that Bai Yu was on Wednesday off!

It is said that the scene was quite spectacular.

Later, the female anchor confronted Bai Yu in the editing department's group chat.

Bai Yu was completely bewildered at the time. It was only after the editing department manager spoke with Bai Yu privately and explained what had happened that Bai Yu was told not to argue with this madman.

Just as the conversation turned to female streamers, Bai Yu was about to ask if any female streamers had recently received hundreds of thousands of yuan in tips.

But if I ask that question, wouldn't it be difficult to explain if a car accident happens?

"Brother Yu, why aren't you saying anything? Is it because that 'piggy baby' said something really nasty, and you're feeling down?"

"No, I blocked her before she even started her long-winded explanation."

"That's how it should be. You're a top student from Tianhai University. You're here for an internship to have fun, so you don't need to spoil her. Besides, what streamer doesn't have their haters? She has tons of unflattering photos of herself offline, but that hasn't stopped her from finding a 'big brother' (a wealthy patron)."

Zhang Youpeng changed the subject, saying, "By the way, about playing soccer, it's all settled now. I'll go contact the other classmates right now."

"Okay, bye then."

Just as Bai Yu was about to hang up the phone, Zhang Youpeng hurriedly said, "Wait a minute, there's one more thing I almost forgot."

"What is it?"

"I saw your ex-girlfriend from the teachers' college when I was shopping at the supermarket last night."

Bai Yu placed his hand on the hang-up button, but the person on the other end seemed to see his movement and said urgently, "Wait a minute, don't hang up yet. Your ex-girlfriend found a boyfriend, guess who?"

That damned curiosity still made Bai Yu ask the question.

"Who?"

"The alumnus who interned at the same company as us, the guy with the long hair, his name is Wu Hao, I heard he's from the art department. I heard he's quite rich and has good character. Your ex-girlfriend is quite capable."

"Okay, see you this afternoon, bye-bye."

"Beep beep beep~"

Bai Yu decisively hung up the phone.

His ex-girlfriend was quite pretty.

He still vividly remembers the photo taken under the cherry blossom tree, where he was wearing a light pink dress.

That moment was the white moonlight in his heart!

However, romantic relationships between men and women in this world are also mixed with too much materialism.

This ex-girlfriend has an incredible spending power; she spent over 100,000 yuan in less than six months of dating.

This is still the kind of spending I did during my student days!

He wasn't a tycoon, so rationally, he naturally broke it off.

"Before I had the cheat code, I would definitely have felt a little sentimental."

"If you analyze the root cause of the sadness, it's actually the fear that the person you find in the future might be even worse than this one."

"But now, there's no need to worry about that."

"With just 1 intelligence point worth of information, one can easily amass a fortune. The future looks promising!"

(End of this chapter)