Chapter 16 Tenfold Profit

"Who is this? How dare you question Teacher Huang?"

Many retail investors in the group, after seeing the screenshots, some fans of "Teacher Huang" hurriedly followed suit and mocked: "I don't know where this person got his confidence. Teacher Huang has been studying the gold trend for 7 years and has more accurately predicted countless gold prices." How can he question the real 'golden touch' in gold spot investment during this big market situation? It's just a clown and a sensationalist."

"Indeed, it is too much to say that Mr. Huang's fame was created by the market rather than his outstanding personal abilities."

"Haha... When did gold plummet, did the market bears not question Teacher Huang? What a pity... These people have been slapped in the face every time, and I think this time it will be no different."

"Gold is bearish at US$1,800 and US$1,900. Maybe everyone will still believe it."

"The price of gold has now fallen to a two-year low of $1,500, and this position is also the strongest support for gold in the two-year trend."

"This position is bearish, and he openly questions Teacher Huang's ability. He is indeed a clown."

"Moreover, the other party also said that the power of the bulls in the market has been exhausted, and the research reports and market target price estimates of international investment banks such as Goldman Sachs and Morgan cannot be trusted."

"This is simply ridiculous. The research reports of Goldman Sachs and Morgan are not credible, but his is credible?"

"Gold is around the price of 1,508 US dollars and has been fluctuating for almost half an hour. Judging from the situation, it is very likely that it has truly bottomed out. If you are still bearish at this time, you really have ulterior motives."

Su Yu saw that the views and opinions he had privately discussed with Boss Sun were screenshotted in the group, and under the fire of Mr. Huang, the big V of Huihai Finance Network, known as the 'Golden Touch', countless people questioned and ridiculed him. The voice kept coming, and for a while, I became angry. I replied directly in the group: "I originally wanted to save some face for you and didn't want to expose you publicly, but I didn't expect that you couldn't wait to jump out and show your face to me. beat."

"In this case, I can only let the market trend educate you!"

"It's also a good way for everyone to see clearly that you don't have any market analysis ability except to sing too much."

With that said, Su Yu quickly sent a screenshot of his real offer, and then continued: "Look long, do long, short, short, be responsible for your own words and deeds, responsible for your own market judgment, practice and theory are integrated, in In my opinion, this is the basic professional ethics of a market researcher.”

"I just rely on my words to confuse investors and gain fame."

"No matter how big the V is, it is no different than a liar."

"It turns out it's you!" Seeing Su Yu's reply, Teacher Huang hurriedly responded in a high-spirited manner, "Ten years ago, I had a record of ten times a month in gold trading. At that time, I didn't know you were here, little brother. To put it bluntly, I don’t need to prove my strength in front of you, because you are simply not qualified.”

"Ten times a month?" Su Yu replied disdainfully, "In the foreign exchange market, there is really nothing to show for this record."

After speaking, Su Yu intercepted the deposit, withdrawal, and position opening records of his account for this week.

At this time, the onlookers discovered that in just four and a half trading days, Su Yu had already achieved ten times the results without heavy gambling.

and……

Before they could recover from the shock, the price of gold had plummeted from $1,507.83, directly touching the bullish life-and-death barrier of $1,500.

"Damn it, did it collapse? It fell too fast!"

"What happened? A major bearish attack on the market?"

"New lows, new lows, I really didn't expect that the lowest point I thought was tonight would fall below in an instant. This is the time to really test the support of $1,500."

"Oh my God! It can't be right? It can't be... 1,500 US dollars, has it fallen directly?"

"Why is it that the solid support we promised is just like paper?"

"Is it a panic washout or a false breakthrough?"

"I went to... 1,499 and 1,498 US dollars, and they also broke through directly. Oh my god, the market suddenly saw such a large number of selling orders?"

"There is no negative news. The market is not obviously negative. Why does it suddenly show such a trend?"

"All the bargain hunting orders were forced to stop their losses in an instant. It was so... so terrifying. The bulls tonight should be bleeding like rivers by this point."

Amidst the shock, panic, and fear of countless people...

With the sharpest plummeting trend, gold broke through the last bottom line in the hearts of the bulls, and also made the arrogant "Teacher Huang" speechless and silently withdrew from the trading group.

Of course, his withdrawal from the group cannot make up for the losses of many retail investors in the group who had previously believed in his point of view and were bargain-hunting on a large scale at $1,308 and above.

Especially Boss Sun, who took a heavy position with 25 gold long orders.

Before the gold plummeted, he did not listen to Su Yu's words and quickly reduce or close his positions. Instead, he preferred the view of "Teacher Huang", a financial V, and kept his positions unchanged.

Now, as gold flashes below the support of $1,500, it then slides straight to $1,495.

He had a total of 32 gold long orders, and his losses had rapidly expanded to more than 41,600 US dollars, and his account funds had lost more than half.

Until this time...

Only then did a flash of fear flash in his heart, and he believed Su Yu's words.

"Damn it, this Teacher Huang is indeed a liar. If he hadn't tried his best to sing more, I wouldn't have suffered such a heavy loss tonight!"

"The strong support of $1,500 was promised, but it turned out to be as fragile as a piece of paper."

"Ah... No one would have thought that the support line of $1,500 would be so fragile. It's simply too bad. There is no bad news, but it still fell so badly. Tonight's trend is really weird."

"What did the screenshot of the '10 times' brother just now say? The market's bullish power is exhausted, and the crisis of the Central Bank of Cyprus has become the last straw that broke the camel's back, forcing hedge funds around the world to take the initiative to reduce their positions to avoid market risks."

"Now it seems... they are the ones who really see through the market!"

"Ah, I just followed the ridicule and made a few sarcastic remarks, but I didn't expect to be slapped in the face and lose hundreds of dollars. It's really ironic."

" Indeed, I never thought that the person who calls others a frog in the well is the real frog in the well. "

"What about that screenshot? I feel that this screenshot will go viral tomorrow!"

"What screenshot do you want? Can't you just ask the master? Hey... wasn't he in the group just now? Why did he suddenly disappear? Did he quit the group?"

"Hey, the dragon is nowhere to be found! Four and a half trading days, ten times the profit, it's simply a myth."

When everyone was regretful and regretful...

Su Yu saw that the price of gold plummeted and directly broke through the support of $1,500. He knew that the big V with the "golden midas touch" would definitely not have the face to stay in the group and continue to deceive people. Through the crazy slap in the face of the sharp market trend, the breath he was holding in his heart was almost out.

So he quickly left the group chat and put his attention back on the gold transaction.

The important support of $1,500 was broken.

According to Su Yu's judgment and prediction, the next... is a complete bear market.

At this moment, his trading account has a total of 3.6 lots of gold short positions, and the total funds have expanded to more than 15,400 US dollars, with more than 12,700 available margin.

It is enough for him to open another 3 to 5 short orders within the position safety line.

Thinking that the unilateral plunge in gold has begun, he does not need to choose the timing too much in the transaction. Su Yu did not hesitate and quickly opened 4 short orders near 1495.6 US dollars, waiting for the continuation of the unilateral trend of gold.

Next...

As Su Yu expected, gold never stood at the position of 1,500 US dollars in the second half of the night.

The price of gold continued to fall under the pressure of shorts and the situation of longs in the market constantly stopping losses and cutting positions. It closed at dawn at 1,483.76 US dollars.

In the end, it showed a trend of a plunge of more than 50 US dollars and more than 500 points overnight.

After dawn, the news of the epic plunge in gold and the terrifying trend of gold in the European and American markets last night began to sweep across the country like a hurricane, shocking all market investors and financial media.

Then, a huge amount of information reports and post-analysis reports came one after another.

In these news reports, Su Yu looked at the accumulated profits of more than 24,000 US dollars in his account with satisfaction, withdrew 1,000 US dollars to his bank card, and then fell asleep.

In order to grasp the market trend of gold crossing the bull-bear line and creating an epic plunge.

He stayed up all night.

At this moment, he suddenly relaxed and sleepiness came like a tide.

When Su Yu woke up from his sleep, he looked at the time on his mobile phone and found that it was already 4:36 in the afternoon, and there were several missed calls on his mobile phone.

He looked at these missed calls and found that they were all from the same strange number belonging to Yuhang.

Su Yu thought about it carefully and didn't know who this was, but he still called back. Only then did he realize that the person on the phone was the boss Sun whom he had tried to persuade last night.

"Mr. Su, did I bother you?" The other party said politely, "I asked the sales department where you used to work for you, and then I found your contact information."

"Well, is there anything for Boss Sun?" Su Yu asked calmly.

"No, I just want to thank you for your reminder last night." Boss Sun said with a smile, "Without your reminder, I might not wake up so quickly, and I would have to lose hundreds of thousands more. Are you free this weekend? I want to invite you to dinner. Regarding investment, I'm afraid I'll have to trouble Mr. Su more in the future."

"I'm afraid it won't work this week." Su Yu said, "How about... next week?"

"Yes, anytime!" Boss Sun responded, and then changed the subject and asked, "Will gold fall sharply next?"

Su Yu heard this question and knew that this was probably the real purpose of the other party's call.

He couldn't help but frowned slightly and asked, "Didn't you close your position last night?"

Boss Sun hesitated for a moment and said, "I closed 10 lots near $1,495, and the rest... I hesitated for a moment, and then gold fell too fast, and basically there was no rebound, so I didn't find a chance to close my position."

"Closing it quickly when the next trading day opens!" Su Yu said, "Otherwise, Boss Sun may have to fill in hundreds of thousands of margin."

"Will it fall again?" Boss Sun was surprised.

Su Yu replied, "It is likely to be like this. The margin trading market is not the stock market. The trading risk is very high. If you hold orders under the wrong trend, the final result is only a margin call. Of course... I still say that whether you listen or not depends on Boss Sun himself."

Boss Sun was silent for a while, and he couldn't help but feel regretful about the unclosed orders. He sighed and said, "Thank you for Mr. Su's advice. If there is anything I can help you with in the future, just tell me. I will definitely not refuse within my ability."

"Okay!" Su Yu nodded slightly.

The two continued to chat for a few words, and then hung up the phone.

Su Yu came to his senses and was about to put down his phone, take a shower, change clothes, and go out for dinner. At this time... Liang Bin's phone suddenly called.

Su Yu didn't know what Liang Bin called him for at this time. He hesitated for a while and answered.

"Su Yu, gold plummeted last night, did you enter the market?" Liang Bin asked.

Su Yu was surprised and puzzled when he heard this, and asked, "How do you know I entered the market?"

"I just looked through the information on Huihai Finance and Economics, and found that you were hung up on their trading forum." Liang Bin said excitedly, "The posts that exploded on the forum made the big V 'Golden Midas Touch' of Huihai Finance and Economics' gold spot analysis column leave the group in shame. The person who was disgraced overnight was you, right?"

"The Penguin account in the screenshot, the avatar and ID name are exactly the same as your Penguin account."

"I was a little unsure in my heart, but now I hear the tone of your answer... I am 100% sure."

"Su Yu, you are amazing!"

"With the collapse of gold, it has set the 'largest decline in 4 years', directly falling through the bull-bear line and falling into the shadow of the bear market. You stepped on the reputation of 'Golden Midas Touch' and became famous in the small circle of domestic gold spot trading overnight. Then it became popular. "

"I checked..."

"Now the whole forum calls you 'Ten Times Brother', and many people are guessing your real identity."

"Oh!" After listening to Liang Bin's words, Su Yu seemed to calm down. "Online comments are just for listening, don't take them seriously. What 'Ten Times Brother' and 'Hundred Times Brother' are just jokes. I did participate in speculative trading of spot gold, but you know that with my little capital, let alone multiplying it tenfold or a hundredfold, I am still a small retail investor in the market, which is of no use at all."

"Take your time, I believe you!" Liang Bin said with a smile, "I just feel relieved when I see you directly confront the guy 'Golden Midas Touch' online. You know, this guy has cheated many people in the past. "

"However, this time..."

"Gold has plummeted so much, this guy is a die-hard bull of gold, and the fans who believed him before have suffered heavy losses. I guess he is really finished."