The Futures Brother
More than a decade ago, on a summer night, in a coastal island city. The lights began to shine, a cool breeze blew, and the resident singer sang softly.
A few of my financial juniors and Brother Bo sat idly in a small restaurant on the dam, enjoying the summer, with beer, clams, and barbecue.
Brother Bo was dressed simply, in a round-neck shirt, big shorts, wearing a pair of gray flip-flops, with hair that was thinning and a slightly protruding belly, but with a rosy face, a loud voice, and very generous demeanor.
After a few pints of draft beer, Brother Bo began to feel tipsy, his spirits suddenly lifted, he wiped his hand across his head, laughed heartily, and started chatting about futures trading.
Brother Bo said that the most important thing in futures trading is to have a "big heart." You need to be able to win big and also able to lose and let go. He once made 80 million in a week, and then lost it all back in another week.
At that time, I had just entered the finance industry, feeling a bit confused, my heart pounding fiercely, my hand holding the beer cup slightly trembling, in a panic I took a sip to calm myself, pretending to be composed while looking at Brother Bo.
After finishing, Brother Bo slightly closed his eyes, as if reminiscing about the battlefields of trading filled with the sounds of metal and horses. Occasionally nodding slightly, sometimes shaking his head; occasionally smiling faintly, and sometimes sighing. After reminiscing, he opened his eyes wide and said, "Brothers, let’s have another drink," and then continued to speak freely.
Brother Bo's business is actually doing quite well; he is a notable figure in his niche. Having worked deeply and for a long time in the industry, he is very familiar with the market situation and has unique insights into the price trends of major commodities, so he entered the futures market and started playing with leveraged trading.
I raised a glass to Brother Bo and asked, "Are you doing futures to hedge, to manage the risks of your business?"
Brother Bo chuckled, "At first, it was purely hedging, but gradually there was some exposure, and slowly the exposure became larger. Now, because I am so familiar with this commodity market, it's just trading for the sake of trading. Making money in futures is much faster than making money in business."
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