The international foreign exchange market is actually similar to stock trading.

Playing is all about ups and downs.

It's just that in the foreign exchange market, you can trade every minute and every second, but you can't trade in stocks.

In the international foreign exchange market, there are trillions of dollars fighting in the market every minute and every second, which is a very scary and tempting place.

Here, one step leads to heaven and one step to hell.

One hundred thousand dollars per lot.

If the price goes up by one point, the profit is ten dollars.

If the price falls by one point, the profit is also ten dollars.

It looks like there are very few.

But don't forget that foreign exchange changes every minute.

And there is a scary thing called leverage.

There are leverages from 1 to 200 times.

For example now.

Abel's billion-dollar capital was leveraged twenty times.

He can operate up to $20 billion in funds through intermediaries.

Twenty billion U.S. dollars, converted into 200,000 lots.

If you float one point, you can make $2 million or lose $2 million.

The principal amount is also a margin of US$1 billion.

Once the one billion US dollars is lost, or the extent of the loss reaches the warning line set by the middleman, the position will be liquidated directly.

Then the floating loss will turn into a real loss.

Now he is down seven points on the Japanese yen/euro currency pair.

The loss was $14 million.

On the Japanese yen/US dollar currency pair, it fell 25 points.

In other words, a loss of US$50 million.

Adding the two together, it was a loss of US$64 million.

This does not include the commissions and service fees that need to be paid to intermediaries, that is, banks and financial companies.

If these are included, the losses will be even greater.

This is the horror of foreign exchange trading, when the amount of funds reaches this level.

The profit or loss of one point is extremely exaggerated.

Faced with this loss,

Even wealthy Wall Street elites like David Mellon.

I can't bear it anymore.

Even though the money is not his, he only has a maximum of 2% dividends.

But such a large amount of money, even if it is just a handler.

The sudden loss is also a test of his heart.

You must know that he worked at Goldman Sachs for three years and had many clients.

But among the many customers, their combined funds are not as large as those of Abel alone.

What's more, most of those customers are not as risky as Abel.

If it hadn't been for this, I would have seen Abel's victorious battles.

Perhaps as early as a few days ago, David Mellon would have advised Abel to close his position in advance to reduce his losses and settle down as soon as possible.

Now Abel is back, David Mellon, who faithfully carries out all his requests and all his commands.

Desperately hoping that Abel can change the current situation.

But from Abel's point of view, he seemed to have no feeling about the floating loss of 64 million US dollars.

Abel even lowered his head and looked at the watch on his wrist.

It was an Audemars Piguet Royal Oak Offshore series, priced at US$890,000.

After reading the time, Abel suddenly said to David Mellon:

"It's New York time, nine-thirty in the evening."

"What time is it in Tokyo at this time?"

David Mellon said without hesitation: "The time difference between New York and Tokyo is thirteen hours. At our current time, it should be 10:30 a.m. over there."

As a senior financial professional, it is only a basic skill to remember the time difference between New York and other major financial cities in the world.

"It's half past ten in the morning?" After hearing this, Abel smiled and said, "Then just wait for another ten minutes."

David Mellon:????

"What do you mean?" David asked confused.

"I said, wait for ten minutes. During this time, we can choose to have a cup of coffee. Or go to the lounge next door and play a table of snooker?"

"David, I think it's time for us to decorate an indoor bowling alley. It doesn't need to be too big, one or two lanes are enough."

"This way when we get tired of playing snooker, we can play bowling."

"I...it's really...you..." Looking at Abel, who lost 64 million US dollars, he still looked calm.

There are even discussions about expanding a small bowling alley in the company.

David Mellon was speechless for a while, but finally chose to calm himself down as much as possible.

Even if this is difficult to do.

"Forget it. I won't play snooker anymore. I won't talk about your bowling alley either.

Let's have some coffee. What flavor do you want?

Blue Mountain or Brazil? You always prefer Brazilian coffee beans, how about a cup of Brazil for you?"

To change the topic, this is David Mellon calming himself down.

Don't think about the terrible ways to lose money.

"Is there any Gesha coffee? I drank it once two days ago at the NYPD branch in lower Manhattan and I thought it tasted very good."

"Um..." David Mellon was stunned, "What are you doing at NYPD?"

This is a friend.

The concern is not why he drinks Geisha coffee, but why he goes to NYPD to drink it.

"There was a little misunderstanding with two CAA agents.

Sheriff Brownislaw over there bought me a cup of Gesha coffee.

I think it tastes good.”

Abel shrugged.

"That should be a trivial matter. Besides, with your relationship with the NYPD, you can't suffer any loss." David Mellon said.

“There is no Gesha, this is Ethiopian coffee that has only become popular in the past two years.

In the past, noble ladies in Europe liked to drink it.

I heard at coffee auctions it goes up to $260 a pound."

"All right."

While talking, Abel simply sat on the sofa where David Mellon was lying on his stomach just now.

Directly in front of the sofa are two large screens, which display the current real-time international foreign exchange prices.

This is an advanced feature only available if you are connected to the Internet and have purchased services from Bloomberg.

"Then let's go to Brazil."

"But when you are free, remember to buy some Gesha coffee beans for me. I will drink it when I come to the company."

Facing Abel's explanation, David Mellon rolled his eyes and said angrily: "I know, boss."

The company not only has security guards, but also a kitchen with 24-hour service.

It works for the people in the safe house.

The general manager and chairman wanted to drink coffee, and someone would serve it to them immediately.

But now, David Mellon is still a little nervous.
To be continued...