Chapter 487 The Way Is Right, Making Money Is Not a Problem
Since getting drunk that day, Reina Fujiwara has never appeared again.
On the surface, he said that he was going to take over the aftermath of Mitsui Estate and other industries. In fact, after experiencing that incident, he was somewhat embarrassed to show up.
In fact, Wu Tao didn't have time to talk to them.
Because the battle of Apocalypse Investment in Bangkok lasted for more than three months, it was finally time to reap the rewards.
Although the harvest is in sight, the team members of Apocalypse Investment, from Wu Tao who is personally in charge, down to such small roles as the office assistant Lai Mo'er, are all very upset.
The exchange rate of the Thai baht is falling every day, depreciating every day.
This means a steady stream of income for short sellers. People's hearts are always insufficient, and one mountain looks higher than another.
Especially for business in the financial market, the pursuit of maximizing profits is the goal of almost every practitioner.
As for accepting as soon as it’s good, it doesn’t exist.
However, the Thai government has liberalized the exchange rate of the Thai baht, which does not mean that the Thai baht will continue to depreciate.
When it hits bottom it bounces back.
At that time, every winner will regret that he did not go ashore a moment earlier.
Everyone thought that they could go ashore decisively at the last moment with agility and become the biggest winner.
Therefore, experienced veterans will always set a stop-profit rate or a stop-profit target for themselves, just because they are afraid that they will eventually fall into an irrational state and will not be able to get out in time.
Apocalypse Investment's take-profit target for this time has been set.
28 points, or July 1st.
This means that once the income reaches 28 points, it is time for the deal of Apocalypse Investment to land.
In other words, as of July 1st, no matter how many points the profit reaches, the transaction will be terminated decisively.
However, there are still ten days before July 1st.
The depreciation rate of the Thai baht has reached 26%, which is 26 points, which is only one line away from the profit target of 28 points.
Because of being in the tropics and subtropics, the summer in Bangkok is particularly difficult.
Coupled with the poor air conditioning, the office was filled with a burning smell. The old-fashioned fan was blowing leisurely above the head, and the cold wind from the air conditioner was not so powerful.
For this reason, Wu Tao even gave up coffee, because it is hot, and he can't stop sweating after drinking it.
On the contrary, holding an iced coconut every day and sucking it slickly feels pretty good.
Just when he was enjoying his drink, Qin Xiaoxiao hurriedly pushed the door in, followed by Wu Yingying with a dignified expression.
The two generals appear at the same time, which means that another important market has appeared.
"What's the matter?" Wu Tao put down the half-drunk coconut and said calmly.
Qin Xiaoxiao handed a report to him and said: "Boss, this is a large transaction delivery order that appeared at the 26-point market just now. Affected by this, the depreciation of the Thai baht bottomed out and rebounded. In just half an hour, It's back up to 25 points."
Seeing that victory was in sight, the market suddenly changed.
Sure enough, if you want to make more money, you have to worry more. Wu Tao took the report and looked at it, estimated the trading volume of Thai baht, and thought about it.
At this time, Wu Yingying suggested, "Boss, affected by the bottoming out, the trading volume of Thai baht has suddenly increased. All kinds of small and medium-sized speculators are shipping and delivering. I suggest that we also sell as soon as possible!"
Wu Tao pondered in his mind that what he said in front of Soros was 30 points, but now if the delivery is at 25 points, if he said it, he would be ridiculed by the boss.
Those who really engage in this business can't be bad at all.
After all, one point means a lot of benefits. And for the deal of Tianqi Investment, it is equivalent to 20 million, and it is US dollars!
Seeing Wu Tao groaning for a while without saying a word, Qin Xiaoxiao also became a little anxious, "Boss, if you want to ship, you should have made a decision earlier."
At this time, every second of hesitation means a little more money is lost.
Wu Tao sat up straight, looked directly at his two generals, knocked on the table and said, "First of all, the first question, is this a bottoming out?"
Qin Xiaoxiao and Wu Yingying also fell into deep thought.
There were indeed debates and different opinions among the team members on this issue.
Without waiting for their answer, Wu Tao expressed his opinion, "I don't think so. At least we need to continue to observe for a working day before we can be sure."
Qin Xiaoxiao and Wu Yingying exchanged glances, but they couldn't seem to find any evidence to prove that this was bottoming out.
After all, from 24 points to today's 26 points, the Thai baht's market has been going all the way down, and the castration has been extremely smooth. It is indeed unreasonable to be frightened when encountering a setback right now.
Wu Tao leaned against the back of the chair, put his hands together and said, "OK, if you can't convince me, then do as I say and continue to observe."
The next day the market was still hovering at 25 points all day long.
As a result, the atmosphere in the office became depressing, and no one cared about the abundant tropical fruits prepared in the office area.
Wu Tao sat in the office all day and didn't go out, but occasionally told Lai Mo'er to bring in some coconuts.
Before getting off work, the team members began to talk about it.
"Look, it's at 25 points today, with such a large trading volume, it's probably going to rebound!"
"I just said yesterday was the bottom, and now it's better, and I lost 20 million in vain, what about US dollars!"
"Can you see, the boss is not nervous at all, grabbing the coconut and eating it hard..."
"Who said that Mr. Wu is not nervous anymore?" Lai Moer appeared beside the crowd at some point and said, "Mr. Wu usually eats up to 3 coconuts, but today he has eaten 6! And he can't even eat the Thai massage he enjoys the most." Don’t go, isn’t that called being nervous?”
The 25-point market lasted for two full days, until the fourth day, the Thai baht market that had remained static finally took a new turn.
Fall, fall!
The Thai baht quickly fell below 31.5:1 against the U.S. dollar, and it took only one day to directly break through the bottom of 32:1.
The take profit target of 28 points has been reached, just six days before the bottom line date!
At this time, the trading volume is still stable, and there is no sign of a sharp increase. This means that the current goal of 28 points has not yet been reached.
Just when the team members agreed that there was still room for decline, Wu Tao came out of the office.
All the people stood up and worshiped Wu Tao involuntarily.
After all, judging from the present, the market at 26 o'clock a few days ago was far from bottoming out.
"They're all here?"
Everyone nodded, and Wu Tao looked around, "Okay, the 28-point take-profit target has been reached, and it's time to stop this transaction!"
"But, boss, there is no sign of bottoming out now, why don't you wait any longer?" someone suggested.
Wu Tao knocked on the table and said: "Once the stop profit target is reached, it must be settled immediately. This is an order!"
Since the trading volume is not active at the moment, it took a full half a day for the large order of 2 billion US dollars invested by Apocalypse Investment to be digested by the financial market one after another.
So far, 560 million U.S. dollars have been settled smoothly.
In addition, during this period of time, the small profits made by entering and exiting the exchange in conjunction with the baht selling plan, deducting the low interest rate of the baht these days, Tianqi Investment’s total net income from this transaction is 550 million US dollars!
Sure enough, the way is right, making money is no problem!