Chapter 87: Target—Thirty Million by Month’s End! (Please keep reading)
50 lots, 50 kilograms, short positions. For every single point movement, the profit is 2,500. After accounting for the spread, the price dropped around 20 points, earning over 30,000, so another lot was added to the short position. With every subsequent drop of twelve or thirteen points, another lot could be added, and the average cost continued to decrease.
In total, Zhang Long added five more lots.
...
“Hiss, that’s too aggressive.”
“From now on, Brother Long is my idol—he truly leaves himself no room for retreat.”
“So cool, using the profit of over 100,000 to add five lots, and with each further drop he can earn even more.”
“Legendary! I bow in respect!”
Zhang Long might not be the wealthiest among Huiyin’s clients, but he is certainly the most aggressive. His very first trade, right after activation, was full leverage, perfectly timed with a breakout plunge and rebound, netting nearly 600,000 in profit.
Now, having learned he can use floating profits from spot trades, he’s even more carefree, earning as he goes and continuously adding to his position. This round alone should yield almost 200,000.
And the market has only dropped a little over 60 points. If it falls to the rebound level around 6,300 points? Another 200,000—his initial RB capital doubles!
“Sister Jing, this is terrifying...”
“So scary. Earning a million isn’t that much, but doubling the principal is frightening.”
“If Brother Long had activated with 3 or 5 million today, wow, that would’ve been explosive.”
The group chat was already in an uproar. The spot silver market wasn’t moving especially fast at the moment; even though it kept falling, there were periods of consolidation or minor rebounds, but that didn’t matter.
Zhang Long’s three waves of operations today left everyone amazed. The excitement was undeniable.
And Wang Jing was lucky enough to pick up such an independent and aggressive client—it would be a lie to say she wasn’t envious.
“Sister Jing, treat us to dinner...”
“Of course, right, Sister Jing?”
Colleagues clamored, but Wang Jing coughed and smiled without saying much. Zhang Long was aggressive today, but there’s no telling how long he can last; he’s far too bold.
If he encounters a wrong direction and stops out decisively, it’s fine. But if he refuses to admit defeat and holds on stubbornly? One forced liquidation would cause serious injury.
...
“Phew, thank goodness.”
At HSBC and UBS, Qin Miaotong and Gu Su simultaneously breathed a sigh of relief. Zhang Long’s account had been sitting on 2 million in funds without any movement, which was nerve-wracking.
Now the withdrawal period was over, meaning the day was done; he couldn’t withdraw even if he wanted to.
At Jun Cai, they didn’t pay much attention, since Zhang Long had only traded once in Tohai Energy. He’d withdrawn money before when he needed it, but otherwise left it untouched.
The stocks recommended by the platform today were lackluster—two went down, three remained stagnant.
...
Even trading them felt limp and powerless.
“Add five more lots!”
At this moment, Zhang Long had no interest in checking his stock account. None of the three platforms offered any quality stocks to trade today. Spot trading was so exhilarating, and with relatively small funds, he could make multiple big profits while he could. Later, when he wanted to let loose and make huge gains, he’d need to be careful.
Losses are inevitable; it can’t always be profit.
Thus, as spot silver continued its slow decline, he added five more lots as it dropped almost another 60 points, and closed out!
In a blink, it was evening. The initial 50 lots and the 10 added lots were all sold. After deducting commissions, his account balance surpassed 2 million—goal achieved!
Zhang Long’s body trembled with excitement.
Although he made 3.5 million in the stock market last month, which was more than today’s 1 million, the timeframes were different.
The former took a whole month of effort, while the latter made 1 million in just a single day.
If he continued trading into the night?
“Phew, exhilarating.”
Zhang Long took a deep breath to steady himself. Spot trading was too thrilling. No wonder investors plunge in and find it hard to stay calm. Whether profit or loss, leveraged trading is intense. When you win, you want more; when you lose, you’ll do anything to recover—devilish.
Whether winning or losing, it gets you hooked.
...
Spot trading is nearly 24 hours.
And the volatility is even greater during the evening US session.
After a simple dinner, Zhang Long returned to see spot silver oscillating around 6,300 points. Whether it would rise or fall next was impossible to predict.
If one followed the previous rebound from 6,300 points, buying on the upside seemed more reasonable.
Whether the market surges or plunges, the resulting range forms trading bands for buying and selling.
In other words, under normal circumstances, go long near 6,300 points, short below 6,500—unless the price breaks below 6,300 or surges past 6,500.
Every investor has their own ideas and rarely follows platform advice to the letter.
But Zhang Long needed suggestions for verification.
“Beep, beep-beep~”
At Huiyin’s trading department, Wang Jing’s Q-chat flashed. Spot traders working overtime in the evenings is the norm, since volatility is greater and opportunities are more frequent.
To encourage clients to trade more, it’s best to stay at the office and work late—the more people, the better the atmosphere.
No overtime pay; to make money, clients need to deposit more funds and trade more. Nothing else matters.
“Long or short?”
Seeing Zhang Long’s message, Wang Jing frowned, somewhat conflicted. As a mentor, she didn’t have to strictly follow company recommendations; she could edit advice based on the market, as long as she avoided absolute terms.
A simple suffix: For reference only!
...
When giving suggestions to clients, how to persuade them to follow through depends on the mentor’s skill.
Zhang Long was so independent and aggressive, Wang Jing didn’t need to coax him much to trade; the only concern was proper risk control to avoid consecutive heavy losses.
If he lost everything and had no money left, where would commissions come from?
...
“Damn, as expected.”
In a Bund apartment, Zhang Long immediately checked the market upon receiving Wang Jing’s suggestion. As expected, there was no reaction; since even spot trading couldn’t be fully predicted day to day, its limitations were greater than the stock market.
If platform recommendations could enable unlimited intraday trades, that would be more than enough.
Doubling your money every day wouldn’t just be a fantasy.
“One platform, or multiple?”
Zhang Long pondered—if one platform only allows three intraday predictions, then it’s simple: just open more spot trading accounts. After making a million or so at Huiyin, he’d open accounts at other platforms anyway; might as well earn and open accounts simultaneously.
It has another advantage: after earning enough profits from multiple platforms, it’s time to stop.
Otherwise, if he cleaned up at Huiyin and two or three others, and the spot trading industry ever cross-referenced accounts—hey, your company also has a Zhang Long who made a fortune?
If exposed too early, he’d be blacklisted and unable to trade under his own name.
And there wasn’t anyone he could absolutely trust; with millions in profits, who wouldn’t be tempted?
Quietly earning on his own is the way!
Operating ten or eight accounts—even if the industry eventually cross-referenced and exposed him, by then he’d have made enough; at least hundreds of millions.
He could buy several luxury apartments on the Bund.
At this thought, Zhang Long felt a twinge of shame. Three months since his rebirth, and he still hadn’t spent lavishly or enjoyed himself. A few million was just a rich kid’s luxury car, and for a mansion, it’d barely cover the down payment.
Too embarrassing, far too cautious.
“Phew, time to go all out!”
At that moment, Zhang Long made a decision. This month, whatever he earns in the stock market aside, he must make enough from spot trading to buy a luxury flat on the Bund. First, earn a few million at Huiyin, then open more spot trading accounts.
By the end of the month, the goal: thirty million!
Buy a car and a house at New Year’s, both at once.
With a clear goal, Zhang Long’s spirits soared, his eyes brighter than ever. The last two months of his zodiac year remain—time for the hidden dragon to soar.
If he stays low any longer, he’s done for.
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