This time the ups and downs of the big battle in the forex market.The details and process are enough to write a novel.However, it actually happened in just three hours.Many times it happens in the foreign exchange market, this invisible battle.Except for the occasional big market, basically the time of its battle is so fast.It takes a few minutes and seconds to decide where hundreds of millions of dollars of money go.A few hours is enough time to decide where tens of billions of funds go.In this battle between the bulls and the bears, the big bears can be said to have suffered heavy losses.A number of big bears have invested a lot of money, and at its peak, the NOK/USD plate even reached more than $300 billion.This figure is scary enough, even in the multi-trillion market capitalization of the forex market.You know, this is not a big plate of dollars/dollars or euros/dollars or pounds/dollars.It's just a tiny NOK/USD, and normally it doesn't even trade 1/5 of GBP/USD.Hundreds of billions of dollars were squeezed in at once.Change to a country with a worse economy, a country with a smaller foreign exchange plate, such as those countries in Southeast Asia in the past.Perhaps the ripples of today's battle will set their economy back a few years.The rate at which the NOK/USD exchange rate rises and falls today is arguably the most exaggerated in the country's currency history, with the exception of the financial crisis.Fortunately, their country's own oil fund is very strong.Coupled with the discovery of new large oil fields, it has succeeded in stabilizing its currency.Otherwise, this innocent battlefield.The fate is likely to be the same as that of Southeast Asian countries back then.The fast-rising countries in Southeast Asia back then ended after the battle launched by Soros.Their domestic economic situation can be described as miserable.Having lost all the foreign exchange they had accumulated over the past 20 years, the great economic boom has since plummeted.As one of the Nordic powers.Norway's national strength is not comparable to that of Southeast Asian countries in the past.It's just that as the main battlefield, even their own currency has been lost, how can their economic situation not be affected?
In addition, the current world economic situation is almost always downward.If only the big bears had their way.The exchange rate was suppressed.The impact on them at home will be very great.Now the other way around.Norway has almost no to lose.The bulls who entered the market later made some more or less money, Norway's own oil fund also made some money, and Abel grabbed a part of the profits.The most loss.Or the big shorts who started shorting.The battle lasted only three hours.The battle began around 1 o'clock in the afternoon.So after the battle was actually just over 4 p.m.New York.Upper East Side.This prosperous place made of money is one of the most desirable places for so-called ladies and celebrities in the United States and even around the world.As a residential area for the wealthy.There's even a so-called Upper East Side culture here.This place is both home to those super penthouses of the wealthy.This is also where these rich people work.Bridgewater's New York office is located here.Bridgewater.Ray Dario looked tired.The afternoon battle drained a large part of his energy.He is not like someone, he can run leisurely to play games after opening the hanging, as long as he waits for the time to come, he can choose to close the position and grab the terrifying benefits.A normal investor like Ray Dario, even a Wall Street legend like him, must pay attention to the trading information in the foreign exchange market when he is fighting!
Sometimes a piece of information is missing.It could lead to hundreds of millions of dollars in losses.Sometimes one doesn't pay attention.It is likely to lead to liquidation, leave the market without any harvest, and lose your own meat.Sometimes, even if the information is not missing, the whole process is paying attention and putting a lot of energy into it.But there will still be losses, because manpower cannot defeat providence after all!
Ray Dario feels like that's what he's going to happen to today.He put all his energy into it today, paying attention to the changes in the market all the time, and seeing that he was about to harvest the biggest piece of fat.And that's what happened.The fat was not eaten, and in turn he was beaten by a macho man, and his nose and face were swollen, and the loss exceeded 400 million US dollars.This is also the result of Ray Dario, an investment legend, decisively and quickly ordering to leave the market.Although Bridgewater Fund has invested $2 billion in a margin account, it has reached $20 billion through leverage.Even in the case where the manpower could not return to the sky, because of the decisiveness, the evacuation was relatively early, and the loss was not even as much as the one in London who only invested 1 billion US dollars.If Radar Leo had been in love, the loss of Bridgewater today would have been more than just $400 million.If the position is blown up, the 2 billion US dollars of margin will be collected by the bank except for a part of the loss in the foreign exchange market!"
Whew......"
Ray Dario exhaled heavily as he lay in his office chair.He felt like he had never been so tired.Opposite him were the elites of Bridgewater's forex group.The leader of the foreign exchange team comforted softly: "Mr.
President."
None of us could have imagined that new oil fields would be discovered in Norway.This situation is not something we can predict, so even if there is a loss, it is completely understandable!
”Ray Dario did not accept the group's kindness.He said with a cold face: "There is no shame in failing.But it is absolutely shameful to find some providence to comfort yourself in failure!
The reason why we lose is simply that our information is not collected perfectly!
If we could have known in advance about the news from Norway, with news of the new oil fields, then how could we have failed?!
”"So it's not providential!
It's just that we are not perfect in economic intelligence and economic information collection!
”Ray Dario: "What you have to do!
Be as perfect as you can in this regard!
In the investment world, knowing perfect intelligence and information in advance is the synonym of victory!
”"Yes.Mr.
President. ”The leader of the foreign exchange team bowed his head in convincing.Ray Dario groaned.He suddenly whispered: "The first long fund seems to be from our American side.Find out where it comes from, and the one who can mobilize such a large amount of money will definitely not be a nobody!
Next time, we'll probably meet them again!
Learn as much as you can about them, it will be very helpful for us in future battles!
”"Got it?!""
Understood!"
The leader of the foreign exchange team nodded, "We'll find out as soon as possible!"
”"No need to look it up."
A voice suddenly came.Ray Dario and the leader of the foreign exchange team looked over and saw that it was the vice president of Bridgewater, and Wayne Jackson walked in with an iPad with a wry smile."
The Los Angeles Times has told us who the biggest winner is today?!""
Who is it?"
Ray Dario's eyes lit up.Mr.
Vice President sighed: "It's ...... from Los Angeles."