For three consecutive days, the market rallied, almost recovering all the previously lost ground, displaying a powerful momentum signaling the return of a bull market.
This was the best scenario for those who had gone long, raking in profits and beaming with joy every day.
However, it was not so friendly for those who had gone short.
Even though Qin Chuan had adopted a very conservative strategy, significantly reducing his investment daily, from twenty million at most to ten million at least, he had still lost over twenty million.
Including the surge from the market's unexpected rebound that day, the initial profit of over fifty-five million had been given back in just a few days, leaving him with less than fifteen million in total profit.
This was the situation with his own account. As for another account he was operating alongside, it had already incurred a loss of a full five million.
Fortunately, Qin Chuan had sent everyone away that day. Otherwise, seeing such a significant loss might have triggered a chorus of complaints from those with fragile dispositions.
In front of the computer screen in the VIP trading room, Qin Chuan stared at the fluctuating stock index, his brows furrowed.
Because even today, the market was still in the green. Although it had only risen by one percent, for someone like him who was firmly shorting, it still represented a loss. A single percentage point cost millions!
Qin Chuan refused to believe his memory was flawed. The collapse of the dot-com bubble in 2000 had caused eighty percent of the world's internet companies to shut down.
Even those that managed to survive were merely limping along, severely wounded, thus leaving a heavy mark in history.
Therefore, the NASDAQ was bound to plummet again, without a shadow of a doubt.
"Xiao Dong, how much capital have we invested in our account right now?"
Qin Chuan lit a cigarette and asked.
"Boss, we have currently invested seventy million."
The trader quickly replied. The substantial losses in the past few days were due to Qin Chuan not selling any shares; whenever there was a loss, he would add to his position.
After several rounds of adding to his position, even with one to two million invested daily, it quickly accumulated.
"Starting from today, increase the amount of additional investment. For every point the market rises, we will add thirty million!"
Qin Chuan declared with conviction.
"Should we start adding now?"
"Yes!"
*Crackling!*
The trader manipulated the keyboard, and thirty million had been added. Qin Chuan's current position was now two-thirds invested, totaling a full hundred million!
With a ten-fold leverage, that amounted to a staggering one billion!
A single point fluctuation up or down meant a ten-million-dollar swing, a magnitude beyond the imagination of ordinary retail investors. Such large capital movements were typically seen with institutions or market makers.
Time flew by. The morning trading session was unremarkable, characterized by fluctuations. It seemed the upward momentum was waning, and the main players began to offload their holdings again.
In the afternoon, precisely at two o'clock, the previously stable market suddenly plummeted like a dam bursting.
In less than a minute, the market went from a one percent gain to a negative one percent, a total swing of two percent.
Qin Chuan had bought at the high point, meaning he had absorbed the full extent of the fall. For his one billion, that was twenty million.
Twenty million gained in one minute would likely shock people to their core if the news got out.
Qin Chuan, who had been intently watching the market, felt a long-lost thrill surge in the depths of his pitch-black eyes.
The market was indeed falling again.
"Add all the remaining funds. Go all in!"
Qin Chuan roared. He wanted to make a big play; this opportunity was not to be missed.
The trader quickly executed the trades. As soon as the funds entered the market, they were instantly executed. The one billion quickly became one billion six hundred and eighty million.
The additional one hundred and eighty million included the profits from the previous few days, which, with the ten-fold leverage, had multiplied like this.
The atmosphere in the entire VIP trading room was filled with tension and excitement. Such a large-scale operation was an experience even for the two professional traders.
Each of them stared intently at their computer screens, hoping their employer would make a profit.
This would also bring them significant benefits, marking a memorable chapter in their professional careers.
At this moment, only Qin Chuan and the two professional traders were in the VIP room. Under the watchful, tense gazes of the three, the market fluctuated for a few minutes before resuming its downward trend. It seemed the market makers and institutions were also starting to dump their shares, and trading volume doubled.
Time passed quickly. After more than an hour, the market had already fallen by two percent and was still dropping. That curve was so beautiful and alluring in Qin Chuan's eyes.
In just over an hour, the amount in his account had increased by over thirty million, approaching forty million.
Suddenly, a telephone rang, jarringly loud in the quiet room, startling the three of them.
Qin Chuan frowned and pulled out his phone. When he saw the name on the caller ID, his eyelids twitched. He then quickly answered, affectionately calling out, "Sis!"
The person calling him was Li Ya, with whom he hadn't spoken for several days.
"Xiao Chuan, where are you right now?"
Li Ya's gentle voice came through the receiver.
"I'm in the capital, sis. What's up?"
Qin Chuan asked.
There was a pause on the other end, then Li Ya said slowly, "I'm in the capital too. Do you have time? I'd like to see you!"
"Sis, you're in the capital too?"
Qin Chuan was stunned, then became incredibly excited. This was the first time Li Ya had told him her location since she'd left so long ago. Unexpectedly, they were both in the capital.
"Yes, I'm here to meet a friend. Can you come out for a bit? I have something to tell you!"
Li Ya said.
Qin Chuan glanced at the fluctuating market, hesitated for a moment, and then immediately nodded, "Okay, where are you? I'll come find you right away!"
Li Ya stated a location. After hanging up, Qin Chuan said to the traders, "I have something urgent to attend to and need to go out for a while. Since we've gone all in, whatever the outcome, rise or fall, we'll leave it to fate!"
"There's no need to keep buying and selling back and forth. We'll decide everything after I return."
"Understood, Boss!"
Qin Chuan sprinted out of the trading hall and drove straight to the location Li Ya had mentioned.
The place Li Ya mentioned was the renowned Summer Palace in the capital. When Qin Chuan parked his car and ran in alone, he was immediately overwhelmed.
The Summer Palace was packed with people, a dense crowd stretching as far as the eye could see.
Moreover, Li Ya hadn't specified her exact location on the phone. With no other choice, Qin Chuan had to call her. After considerable effort, Qin Chuan finally spotted, panting, the figure he had longed for, sitting by the lake.
It was sunset, and the golden sun cast its glow on the shimmering lake, reflecting dappled light and bathing everything along the shore.
Li Ya was one of them, sitting quietly by the lake, one hand propping her chin, gazing at the distant water, lost in thought.
A gentle breeze stirred her dark, lustrous hair, creating a remarkably beautiful scene.
The scenery was beautiful, but the person was even more so!
A mature, top-tier "imperial sister" type, exuding an intoxicating aura.
Qin Chuan desperately wanted to capture this moment, but he hadn't brought a camera, and mobile phones at the time didn't have camera functions yet.
Qin Chuan walked over and directly embraced the figure he had yearned for.
Li Ya, who had been lost in thought, was startled. When she turned and saw Qin Chuan, she couldn't help but playfully punch him and chided, "Are you a ghost? You don't make a sound when you walk, scaring me!"
Qin Chuan just grinned foolishly, his eyes filled with longing.