What is the end of the transaction? The more you trade, the more conservative you become. Otherwise, it will be difficult to get out of the deal unscathed.

1. Qiu Dedao, who worked as a plasterer and ran a plastic factory, entered the chemical fiber industry with 5,000 yuan in 1998. In just a few years, he accumulated billions of assets. In 2005 and 2007, he bought private jets twice, becoming the second largest private jet owner in the mainland and the largest in Zhejiang. He has four wives and five children, and his charitable donations have broken many domestic records. In 2006, he was listed in the Forbes China Top 100 List. In 2008, he entered the futures market and made hundreds of millions of yuan in his first attempt at rubber futures, but later lost more than 2 billion yuan in PTA futures. He fell seriously ill due to internal and external troubles and died in 2010 at the age of 54. The outside world's evaluation of him is that he is low-key and high-profile, luxurious and simple. Futures make him successful and fail him.

2. Hou Qinghua, from 30 yuan to 160 million, the Chinese Livermore. Abandoned at birth, he suffered a lot. At the age of 16, he scraped together 30 yuan to make his way to the Northeast. After more than ten years of hard work, he accumulated tens of millions of yuan at the age of 27 and got involved in futures at the age of 28. After experiencing multiple liquidations, he suddenly realized that he had made 160 million yuan from 350,000 yuan in five years, but his overconfidence fueled his greed. In 2007, his full warehouse of metals finally collapsed, all his assets were wiped out, his wife divorced him, the factory closed down, and he finally committed suicide because he could not bear the burden.

3. Yuan Baojing, born in a poor family, started from scratch. In 1996, when he was only 28 years old, his net worth exceeded 3 billion. He made a huge profit of 180 million in the 327th Treasury Bond Incident. In 1996, he entered Guanghan, Sichuan to speculate in futures, and speculated sorghum to a sky-high price of 2,000 per ton. However, Liu Han, the richest man in Sichuan at the time, took advantage of the situation and suppressed him, and he eventually lost 90 million. From then on, he had a grudge against Liu Han, and later used 300,000 to hire someone to leak the information, committing a murder. When he was arrested in 2001, his net worth was as high as 50 billion. He voluntarily donated all his net worth in an attempt to avoid death, but failed. He was executed on March 17, 2006.

4. Tang Guixiong, who started his business at the age of 32, has built a first-class domestic sugar company in ten years with 5,000 employees. He is known as the Sugar King of Guangdong. In early 2008, there was a snowstorm in the production area. He predicted that the price of sugar in the whole flow would soar. He spent a huge amount of money to stockpile a large amount of spot goods and went long on ice raw sugar. However, things did not go as he wished. After the Spring Festival, the global sugar price plummeted, and the futures and spot prices were hit hard. The capital chain was completely broken and the total debt exceeded 2 billion. The company was over-expanded and lacked management. He did everything by himself. His wife and children all moved abroad. He was exhausted physically and mentally under the heavy pressure. On October 15, 2008, he jumped from the balcony on the 23rd floor of his home.

5. Hou Baoshun, from 20,000 to 200 million, was originally a small boss of a processing plant. After 2000, he began to study futures trading. In less than six years, his highest profit was close to 600 million. After getting rich, he was greedy and became more confident. In 2007, he shorted soybean meal against the trend. The market rose from 2,500 to 4,200. He was reluctant to leave the market, and lost more and more. Finally, he returned to the starting point. He could not accept that he had nothing, so he committed suicide on the street, leaving his two underage sons unattended. In order to support his two sons, he sued his father's eight debtors in court and finally got 300,000 in execution money to make a living.

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