"Xiao Xu, keep a close eye on this trading account."
At the data risk control center of Yinghui Finance Company, the risk control manager scanned the dozen or so risky trading accounts filtered and refined by the system's risk assessment.
He pointed to the leveraged trading account operated by Su Yi and said to one of the team members in his data center,
"It's index futures trading, with a maximum 5x leverage, and it's a full-position counter-trend trade. This account has a very high probability of liquidation risk."
The risk controller, known as 'Xiao Xu', carefully looked at the holding data of the account mentioned by the manager, and was also startled, quickly marking the account as a priority.
"Are the people in the business department crazy? They dare to give this kind of crazy gambler maximum leverage?"
The risk control manager frowned, still complaining,
"They really have no risk control awareness, all for performance."
Su Yi didn't know that, in the eyes of others, he had already become a "crazy gambler."
At this moment, after leaving Yinghui Finance Company, he came to a real estate agency store not far from the financial district, wanting to find a house with slightly better environment and living conditions through the agency.
After all, the conditions of the house he had rented before were truly terrible, and he couldn't stand it for another day.
Of course, what particularly disgusted him was the landlord's perfunctory attitude of 'take it or leave it'.
This made him want to move out without waiting for the original rent to expire.
"Sir, what do you think of this house?"
The real estate agent's salesperson took Su Yi to look around the house.
Finally, seeing a relatively satisfied expression in Su Yi's eyes regarding the layout, decoration, and community environment of the house in front of him, the salesperson couldn't help but smile and say,
"This house is the owner's self-occupied home. Due to the owner's job transfer, it became vacant. The listing just went up this morning, and you are the first client to view it. The owner put a lot of thought into the renovation of this house, and all the furniture and appliances are complete; you can move in with just your bags..."
"How much is the rent per month?"
Su Yi asked, amidst the salesperson's string of persuasive words.
The salesperson replied,
"The owner's request is 5,000 yuan per month for rent, paid quarterly, with one month's deposit and three months' rent in advance. Our agency fee is half a month's rent, so... you only need to pay 22,500 yuan in one lump sum to sign the contract directly and secure this property."
Su Yi calculated the funds he had on hand.
By maxing out his credit cards, he could still get a total of 25,000 yuan.
After renting this house, the remaining 2,500 yuan would basically be enough for a month's living expenses, sufficient to support him in making his first money in the financial market.
So, Su Yi nodded and signed the contract without hesitation.
He rented the house.
The next two days of the weekend would be for moving.
Su Yi haggled with his previous landlord and eventually got back a portion of the prepaid rent, which slightly supplemented his cash flow.
After moving to his new residence, Su Yi spent an entire day cleaning and making his bed.
So, on Saturday night, he went to bed very early.
In his sleep, Su Yi vaguely heard pleasant guitar sounds and singing, but when he woke up, he felt it was just his imagination.
On Monday, a little past 8 in the morning, Su Yi simply finished breakfast and left.
As soon as he arrived at the elevator entrance, a middle-aged man with a square face, dressed in a formal suit, walked out of the house next door and stood at the same spot as him, waiting for the elevator.
"You're the neighbor, right?"
The middle-aged man saw Su Yi yawned and proactively greeted him with a smile.
Su Yi returned a smile and nodded.
"Didn't sleep well last night, did you?"
The middle-aged man then said, with a hint of apology on his face,
"My daughter has an important competition this weekend, so she often practices singing at night recently. Sorry to have disturbed you."
Hearing the middle-aged man's words, Su Yi remembered the singing and guitar sounds he heard in his sleep last night, and realized it wasn't his imagination.
He smiled and replied,
"It's fine, it doesn't bother me much."
"I'll try to keep her voice down,"
The middle-aged man emphasized again.
Su Yi nodded slightly.
Seeing the elevator arrive, he didn't speak to the other person again.
At 9 AM, he once again arrived at the trading room of Yinghui Finance Company, turned on his computer, logged into his leveraged index futures trading account, and waited for the market to open.
"Young man, your account seems to be in danger today!"
After Su Yi finished his preparations, a familiar voice came from beside him.
"You made a profit on Friday, you should have quit while you were ahead. Young people are too prone to gambling, and that's not necessarily a good thing."
Su Yi turned his head and saw that it was Mr. Lin, whom he had met in the trading room last Friday.
He couldn't help but ask,
"Sunbae, why do you think my account is in danger?"
Mr. Lin chuckled and said,
"The leverage multiplier is too high, with no room for error. Moreover, you're making a full-position counter-trend trade, which leaves absolutely no margin for error. As far as the market outlook for the weekend is concerned, it's all good news.
If there are no surprises, the market opening higher today is a foregone conclusion. According to your account's holding situation, if the main futures contract of the Huazheng 500 Index opens just 2% higher, your account funds will be liquidated to zero."
"Is it possible for the main futures contract of the Huazheng 500 Index to open 2% higher?"
Su Yi neither confirmed nor denied.
Mr. Lin said,
"It's not impossible. After all, this is a bull market, long sentiment is strong, and there's good news both inside and outside the market. The short sellers virtually have no power to resist!"
"Not necessarily," Su Yi said.
"When all the positive news at a high level has been released and expectations are met, that's also bearish!"
"Is the Shanghai Composite Index at 5000 points considered a high level?"
Mr. Lin said,
"The 6100 points from the last bull market are ahead. If historical highs are not broken, the market's bullish expectations will not decline, and there won't be a situation where all the good news at a high level turning bearish."
"Is that so?"
Su Yi smiled and didn't argue.
While the two were talking, the market had entered the call auction phase.
Subsequently, after 10 minutes of call auction, although the major market indices all opened higher due to the brewing bullish sentiment over the weekend and continuous positive stimuli from outside the market, the magnitude of the high opening was relatively limited, only showing a slight red market.
Furthermore, several popular leading stocks that attract high attention and discussion among market investors, such as 'Huaguo CRRC, East Money, Hithink Royal Flush, and LeEco', were all in a low opening state, significantly falling short of expectations.
Of course, even if the market's high opening was relatively limited.
The profit and loss data of the index futures leveraged trading account operated by Su Yi still instantly changed from a floating profit of over 48,000 yuan last Friday to a loss of over 4,000 yuan.
(End of Chapter)
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