Dad, I Am the Richest Man Now. Have you Passed Your Exam - Chapter 12
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- Chapter 12 - Dad, I Am the Richest Man Now. Have you Passed Your Exam Chapter 12
Chapter 12: The Madness before the Market Closes!
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
“Oh my God, he actually invested more than 700,000 dollars.”
“Has he gone crazy?”
“Who even buys stocks like this? People usually do dispersion trading.”
“He even increased the leverage by 10 times.”
Everyone watching the live broadcast was stunned, Professor Smith was also shocked and dumbfounded.
“Did I misjudge him? This kid must be relying on pure luck, right?”
Everyone was overwhelmed, they were still commenting on Ryan’s craziness.
More than ten minutes had passed and people were still discussing the same topic.
“Ah!”
The close-up shot of the stock trading hall shocked everyone.
“It’s going up, it’s actually going up again! What the hell is this?”
Even Smith, an experienced investor, was dumbfounded, but then he got really excited.
This was because Ryan had been extremely confident since his very first trade.
He had invested so much money this time and it actually rose again.
The world of finance was like a bottomless pit, no amount of money could fill it up.
Although plenty of treasures could be found here, beneath the treasures were the lives of those who didn’t make it.
While there were people winning big money, there would also be losing people who were jumping off buildings.
Now that Ryan had made a lot of money, it was possible that someone had lost so much money that they were planning to commit suicide.
Ryan was obviously not the latter.
The stock was currently rising.
The people discussing also became excited.
It was an investment of 670,000 dollars added with 10 times of leverage.
People were feeling a little numb as 15 minutes had passed.
It was only 5 minutes to 3 o’clock, the time the stock market closes.
5 minutes was not a long time.
In the live stream room, Americans who supported Ryan were all in high spirits.
Those who derided Ryan as a brat had palpitations as they felt it was too incredulous.
“Everyone, look! Quick!”
The netizens were even more excited than Ryan.
Everyone looked at the big trading screen and saw that Dongxing Technology’s shares had gone down by 3 points.
Everyone watching felt excited, it was as if they were on a roller coaster.
“Oh my God, is the stock market going to crash?”
“What the hell? Ryan my child, quickly sell it.”
“The market is going to close soon. If you don’t sell it now, you won’t be able to make it.”
“Yeah, you’re still making money. Sell it quickly!”
Smith could not help but advise, “Ryan, listen to me. If you sell it now, you’ll still make it. The market is going to close soon.”
Ryan smiled and looked at him. He spoke without a hint of nervousness, “Don’t worry. I’ll still pay you back even if we lose money. I’ll give you an additional 100,000 dollars.”
Within the past hour, everyone watched as Ryan earned 90,000 dollars with his 10,000 dollar capital.
Then with his 90,000 dollar capital, he leveraged 10 times the profit. After deducting various fees, he had earned more than 600,000 dollars.
As everyone continued to watch the numbers increase, some started to experience eye fatigue.
Even ordinary people had already recognized Ryan’s skills.
Of course, there were still a large number of people who thought that Ryan was just lucky.
What they thought didn’t matter, it would be a pity if he lost everything at the last moment.
This was a miracle after all.
In the end, he still couldn’t escape the shackles of fate and lost everything.
The stark difference made everyone feel uncomfortable.
The leverage increased Ryan’s capital by seven to eight times, which was about five million dollars.
If he didn’t sell it now and continued to allow it to go down, he might lose everything.
This feeling was too exhilarating.
Everyone on the program team was excited.
Their hearts were thumping and they couldn’t stop this feeling.
What appeared in front of Ryan was like a cliff-diving waterfall.
At this rate, his rate of loss wouldn’t be as simple as losing money.
Not only would he lose the original amount of money, but under the effect of the 10 times leverage, there would also be costly fees.
It was very likely that Ryan would return to his original state.
However, Ryan’s face remained calm, as if he was not in a hurry.
Professor Smith was sweating buckets.
He was unaware of his own tightly clenched fists that had turned his fingernails green and white.
It was not that he had never seen so much money, he had never seen such a gambler-like scene.
“If it were the professor, he probably would have sold it at the highest point. Now, Ryan has lost three points of earnings for nothing.”
“It’s unavoidable. People who enter the stock market are irrational. It was smooth sailing earlier on but it’s too late and too difficult to back out now.”
“His thoughts are a mess right now, he won’t be able to make an accurate judgment.”
“If it were me, I would have sold it long ago. Now, he probably can’t even keep five points of the revenue!”
“A true expert doesn’t think about when to buy, but when to sell.”
Professor Smith furrowed his brows.
The program team shot another close-up of his face.
“F*ck! Why are they showing us a close-up of Smith right now?”
Then, the camera zoomed in on Ryan’s face.
“What does this mean? Is the program team hinting at something?”
“Haven’t you all noticed that Professor Smith looks very anxious?”
“Isn’t feeling anxious normal? Shouldn’t he be worried about the 500,000 dollars that he just invested going down the drain?”
“You’re too ignorant. Why would Professor Smith care about a meager 500,000 dollars? Even 50,000,000 dollars is common to him, he’s a big shot in the world of investment.”
“Then…”
Everyone thought of the many possibilities.
“Oh no, oh no, a storm is brewing. The stock market is about to close.”
..
Ryan, on the other hand, was staring at the big screen, still as a statue.
With the super investment system, he knew that this stock would definitely rise by the daily limit before the market closed.
There were still 4 minutes before the market closed today. It was enough time for a miracle to happen.
Just as he thought of this, Dongxing Telecom Technology’s stock stopped falling.
The red line paused for a second before making a 180-degree turn upwards.
“What?”
“F*ck?”
“What’s going on?”
“Wasn’t it plummeting?”
“My eyes are playing tricks on me, somebody save me.”
“Oh my God? What’s going on?”
The stock price skyrocketed as it continued to rise rapidly.
The stock price rose by 2%.
3%
4%
5%
This wasn’t the end.
It was still rising.
“Oh my God, we’re back to the beginning. It’s crazy. Hurry up and sell it. The market will close soon. This is too exciting.”
“I can’t take it anymore. I’m going to pass out… Please stop…”
“The person upstairs, are you okay? Are you that excited!!?”
2 minutes later, the stock price rose another 3%.
Now, the overall increase was a whole 8%.
Everyone watching the screen went crazy, even the cameraman’s camera lens started to tremble.
“Stop f*cking shaking, I can’t see the screen clearly. Are you really a professional?”
There was only half a minute left before the market closed.
The stock price rose to 9.5%
The audience did not know how to express their excitement.
This was like watching the NBA basketball teams’ scores, where the players would score an amazing goal when there was less than 20 seconds left.
But Ryan did not just stop there.
His earnings continued to refresh.
34536.
455,466.
101,000
630,000
Time stopped.
Ryan finally chose to sell the stock in the last few seconds before the market closed.
Earnings locked in, 9.99%
Dongxing Telecom.
Limit up.
His principal went from 670,000 dollars to more than 730,000 dollars.
With the 10 times leverage, his earnings directly increased by 10 times, becoming 7 million dollars.
The veteran investors who originally looked down on Ryan gave him respectful looks.
It was silent.
The students of Professor Smith had initially looked at Ryan with puzzled looks, now they were so shocked they had their mouths wide open.
By the time they composed themselves, their tongues had already gone stiff.
“That was awesome!”
The cameraman shouted loudly, bringing everyone back to reality.
“F*ck.”
“Limit-on-close.”
A series of voices rang out.
Everyone came back to their senses, everyone was blown away.
Within the past hour, Ryan had only done three trades.
How much did he earn?
He came with only 10,000 dollars.
After three trades, he became a millionaire with an earning as much as 6 million dollars.
‘What kind of sorcery is this?’
‘This is more profitable than being a star.’
‘Oh my God?’
‘Is this what people call luck?’
‘Who is still calling this luck?’
Everyone started to look at Ryan in shock.
They were completely dumbfounded. They stared blankly at Ryan through their screens.
Even Smith was so shocked that his eyes were wide open. He was at a loss for words.
Stock market geniuses existed, but none of them were as terrific as Ryan.
None.
‘It sure is a lot of pressure standing next to him.’