Screens filled with letters, Lu Liang was so dizzy that he stopped forcing himself and resorted to the clumsy method he had used the night before.
After all, he was sure that there was another small rally to come, so he started with 1 million and activated 100x leverage to finance 100 million.
He bought 100 lots to establish a base position, spending 14.7025 million US dollars, and for every 1 point drop, he would buy an additional 10 lots.
As it neared 4 o'clock and the American Plate was about to close, the catalyst for the market movement hadn't yet been ignited.
Lu Liang held 540 contract lots, with an average buying price of 1468.75 US dollars, and the current price was 1459.24 US dollars.
At present, each lot was losing 951 US dollars, and including the 12,900 dollars in transaction fees, the total loss was 526,300 US dollars.
As the American Plate closed, market activity decreased significantly, and trading volume plummeted.