"No wonder!"
Su Yi replied with a smile, seemingly indifferent to the account's losses.
"Trading is a very dull thing, actually not very suitable for girls."
Chen Anya stared at the fluctuations in profit and loss of the account Su Yi was operating on the computer screen, appearing even more nervous than him.
She said,
"When I applied for a trader position back then, one of the fund managers who interviewed us also said the same thing. Although I passed the first round of interviews, it proved that I truly wasn't suited for a trader's job."
"Where's your hometown? Your accent doesn't sound like a local from Modu."
Su Yi continued to ask questions intermittently, passing the time while monitoring the market.
Chen Anya replied,
"My hometown is in Qianzhou. You know Qianzhou, right?"
"I know."
Su Yi nodded.
"No three feet of flat land, no three days of clear sky – that's what they say about your place, isn't it?"
Chen Anya smiled and said,
"It's not that poor, actually. When I was little, it was indeed quite poor, but later, with the country's economic development, the natural chasm also became a thoroughfare."
The two chatted back and forth.
And time, too, was gradually passing.
At 2:10, the main contract of the Huazheng 500 Index Futures, which Su Yi had opened, had risen to 11627 points, and the loss in the account he operated had reached 21,600 yuan.
At 2:15, Su Yi's holding account had a loss exceeding 28,000 yuan, far surpassing the intraday interest expenses.
At 2:17, the loss in Su Yi's holding account was still expanding.
At this moment, facing Su Yi's continued calm conversation, she no longer dared to respond much.
"Why do you look more nervous than me?"
Su Yi saw she hadn't responded for a while, and his eyes, which had been fixed on the computer trading interface, couldn't help but glance back at her.
"Could it be that if I lose everything, you won't get the commission for this order?"
Chen Anya noticed Su Yi's gaze and replied,
"No, it's mainly because I've never seen anyone as crazy as you. The margin trading model of stock index futures already has extremely high leverage, and you're adding the maximum leverage, trading full positions against the trend. It's hard... what kind of fault tolerance is there?"
Su Yi smiled, his expression still calm and composed, and said,
"Have you ever thought that it's not me who's crazy, but this market that's too crazy?"
"What do you mean?"
Chen Anya didn't quite understand.
Su Yi didn't explain much, instead turning his gaze back to the trading board.
"Huh... it's diving!"
Chen Anya was pondering Su Yi's words when she suddenly saw the market diving and Su Yi's holding account turning from loss to profit in just two or three minutes.
She couldn't help but exclaim in wonder,
"It seems your luck is good today. The market has corrected from its high point."
Su Yi smiled and said,
"My luck has always been good."
"Do you need me to get you more snacks?"
Chen Anya asked when she saw the fruit plate in front of Su Yi was empty.
Su Yi nodded, and at the same time asked her to get him another cup of tea.
Chen Anya followed Su Yi's instructions, brewed him another cup of tea, and brought a few more fruit plates.
Afterward, when she returned after finishing her tasks.
She saw that the Huazheng 500 Index had dived to around 16515 points during this time, and the account Su Yi operated had transformed from a maximum loss of over 32,000 yuan to a profit of over 68,000 yuan.
"Oh my god, that's amazing, isn't it?"
Seeing the rapidly expanding red profit figures in the account Su Yi was operating, Chen Anya's face instantly filled with surprise and envy.
"The market changes so fast, it truly feels like one second in hell, one second in heaven!"
Su Yi nodded slightly and said,
"This is the charm of leverage in trading."
Trading Huazheng 500 Index Futures contracts, according to exchange regulations, only requires 8% margin to buy or sell one lot.
This means that this financial trading product itself carries 12 times leverage.
And Su Yi also used 5 times leveraged financing.
This is equivalent to him trading with 60 times leverage.
As long as the index fluctuates even slightly extremely, this level of leverage truly is one second in heaven, one second in hell.
Fortunately, after the index's high-level dive, it failed to create a new intraday high until the 3 PM closing.
The Shanghai Composite Index stopped at 5166.35 points, while the Huazheng 500 Index closed at 11545.89 points.
Su Yi glanced at the main contract of the Huazheng 500 Index Futures he held.
The closing price of the main contract was slightly lower than the index's display on the board.
And according to the index's closing results, his 4 held contracts had accumulated a total intraday profit of over 48,000 yuan.
"Young man, your luck is good; you actually made a profit trading against the trend."
Immediately after the market closed, a middle-aged man sitting behind and to the side of Su Yi stood up, stretched, glanced at Su Yi's computer screen, and said with a smile,
"However, trading isn't just about luck. Stock index futures... are indeed a powerful tool for immense market profits, but for young beginners like you, the risk is simply too high."
Su Yi heard the voice, turned back to look at the other person, and responded with a smile,
"Thank you for the reminder, Sunbae."
The middle-aged man saw Su Yi was quite polite and couldn't help but nod slightly in response,
"I hope to see you in the trading room again in the next few days."
With that, the middle-aged man turned and left.
And as he was leaving, he turned back to the sales representative walking beside him and said,
"The setup of your trading room is indeed good, more distinctive than the VIP rooms in brokerage firms, and the chairs are more comfortable for sleeping. It's just the tea, you could change it. I recommend one to your Manager Yang..."
"Miss Chen, does this person often come to your trading room to trade?"
Su Yi asked after the other person's figure completely disappeared.
Chen Anya nodded and said,
"General Manager Lin comes often, but he's not a client of our company, nor does he ever use leveraged financing. He's a friend of our boss."
"Oh!"
Su Yi responded, and asked no further.
"Mr. Su, the trading account you operated will be temporarily sealed for you. You can continue trading when you come next Monday,"
Chen Anya said.
"Also, on non-trading days, if a leveraged trading account is not used, our company will not charge corresponding interest for fund usage."
"Understood."
Su Yi had learned this before coming, so he wasn't surprised.
This company's leveraged financing scale was considerable.
He believed that with his amount of funds, the other institution wouldn't embezzle it.
"Oh, by the way, this is my WeChat business card. If it's convenient, you can scan it."
Chen Anya pulled out her phone, opened her WeChat business card for Su Yi to scan, and continued,
"During your continuous leveraged trading period, if you have any questions later, you can ask me on WeChat, or simply call me directly. Either is fine."
Su Yi nodded, scanned the code to add her WeChat, and then left 'Yinghui Finance' company.
After he left, 'Yinghui Finance' company began to tally and summarize the data of the loaned leveraged trading accounts, and from them, identified risk trading accounts that required close monitoring.
This was to prevent extreme situations where clients might "break through" their positions during account operations, causing their frozen margin to be insufficient to cover losses, thereby damaging the company's lent principal and leading to company losses.
According to the company's system risk assessment.
Despite achieving intraday profit, the leveraged trading account operated by Su Yi was still classified as a risk trading account requiring close monitoring.
(End of Chapter)
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