socalfunplaces Chapter 192 Futures Trading
Chapter 192 Futures Trading
Chapter 192 Futures Trading
The soft touch on his cheek woke Chris up.
He slowly opened his eyes, and the little lamb's fiery lips floated in front of him.
She was such a docile sheep, Chris thought, while I was a wolf cursed by hunger.
Chris couldn't help but reach out, pinch her chin, pull it towards his face, and then savor the most tender and luscious part.
His technique was excellent; a soft "hmm" came from the little lamb's nose.
She wouldn't resist; she would only pull her tongue back when Chris let go of her.
The little lamb naturally fell down and rested its head on Chris's arm.
She said coquettishly, "It's getting late, my knight."
But Chris wouldn't be satisfied with such superficial flattery: "I'm not a knight, and besides, being a knight isn't that great. There are people all over this country who wear that title."
Take, for example, the Unswearing Knights, a group of mercenaries who dare to call themselves "knights".
So Chris bets: "The number of people who have slept with your horse, including your toes, is too many to count."
The little lamb leaned its head close to Chris's ear: "And only you are my true knight."
Chris pulled his hand away from Lamb's shoulder: "I don't want to be a knight."
"Well—the little lamb leaned closer again, 'Your Grace?'"
If Chris could become the duke of some castle, he would be laughing hysterically.
But he knew that this was just flattery, and Chris could never achieve that status.
But if even when bragging to a prostitute, one is timid and lacks imagination, Chris feels that such a person doesn't deserve to call themselves a man at all.
Call me King.
The little lamb rested its head on Chris's shoulder, and placed its hand on Chris's chest:
"Of course, Your Majesty. Then, may I become your queen?"
Dream on: "A prostitute is not fit to be a queen."
"You're right, a prostitute is not fit to be a queen. Then I will be your kingdom."
The little lamb's left fingertips began to slide down its chest and abdomen, stroking downwards. "Oh! So healthy! Your Majesty, what do you intend to do with your land?"
Chris grinned, rolled over forcefully, and pinned the little lamb beneath him:
"Land, of course, is for cultivation."
Chris lowered his head, intending to kiss the little lamb's pink neck.
"Knock knock knock!"
But the sudden knock on the door shattered the warm and ambiguous atmosphere that the little lamb had painstakingly created.
Chris clicked his tongue in amazement, wondering who had spoiled his mood and ruined his fun.
He pushed aside the little sheep on his body, grabbed a coat, put it on, and went to open the door.
The door opened and the brothel owner appeared. She looked Chris up and down, her gaze finally settling on his lower body.
Her eyes curved into crescent moons as she smiled faintly:
"Excuse me, sir, I seem to have disturbed you."
“It’s not just ‘seems,’” Chris’s tone was full of resistance. “What do you want?”
"Sir, you're so forgetful. Didn't you ask me to come and call you?"
"I?"
"That's right," the woman replied. "Yesterday, before you went into the room, you personally instructed me to remember to wake you up this morning."
They said they wanted to check the price of something.
Reminded by the proprietress, Chris suddenly remembered...
Oh, right, the contract!
"What time is it?"
Nine o'clock.
"Damn it!" Chris cursed anxiously, "You should have woken me up sooner!"
The proprietress frowned: "Sir, you're truly wronged. You were the one who said this time."
"To be on time, you have to arrive early. Don't you even understand this simple principle?"
"I'm sorry, sir, I'm just a woman of the night, I really don't understand the principles you're talking about."
Looking at the bowing woman, Chris could only shake his head helplessly. He understood that arguing with a woman of the night was pointless.
It was completely of no use.
He chased the other person out, walked to the goose feather bed, and picked up the clothes on the floor one by one.
The little lamb hugged him from behind: "Are you leaving?"
"Um."
"Will you come over tonight?"
Chris hadn't gotten tired of her yet, but fate is unpredictable, and even the future, less than a day away, is not easily foreseen.
"Not necessarily, just wait for me."
"I'll wait, but the proprietress won't," Little Sheep said. "If I come late, the other customers will buy me."
Chris had already put on his underwear, and the little lamb picked up his coat for him.
"If the other party doesn't mind," Chris said, "I'd be willing to go together."
Upon hearing this, the old sheep stood on tiptoe and hooked its arm around his neck:
"abnormal!"
Then they kissed each other.
With time of the essence, Chris didn't have time to savor the moment and hurried toward the transaction location.
Chris currently has dozens of Golden Wine contracts in his possession.
Of course, these contracts are currently just scraps of paper.
They can only be used to exchange for goods two months later.
Those in the know call this kind of thing futures.
However, Chris was not a businessman and had no interest in gin.
What he really wanted to trade was the contract in his hand.
Compared to the cumbersome transactions of goods, transactions based on contracts are much more convenient.
There's no need to inventory the goods; simply compare the figures on the contract and verify its authenticity.
This is precisely why completing a futures transaction is highly efficient.
This also means that the price fluctuations of futures can be very large, almost reflecting market conditions in real time. If you buy low and sell high, you may even double your capital in just one transaction.
It was precisely because of its extremely high returns that Chris decided to seriously participate in futures trading at this moment.
To be honest, Chris has a lot of money now, but not much of it is income that he can completely control.
Those dozen or so boxes of spices made Chris a fortune.
His purse swelled to a staggering four hundred gold coins.
Keep in mind that he only got a hundred gold coins after killing the knight protecting that kid!
Of course, in the end, it wasn't as valuable as that kid's head.
Even now, Chris is still curious about who that damned kid is, that he's worth a thousand gold coins.
This amount of money is definitely not something an ordinary nobleman could afford.
Even for a wealthy noble, it could be the entire year's income from his territory, including property and taxes.
The fact that the man was willing to exchange a thousand gold coins for this kid shows that the kid's identity is not simple.
That's to be expected, since he refused to reveal his background at all.
Chris thought that this kid might be the Duke's son, and even one of the most prominent heirs.
Was he even a duke? But Chris quickly dismissed the idea; if he were a duke, why would he be being chased and forced to flee?
But those four hundred gold coins were enough for Chris to splurge recklessly.
The problem is that this money doesn't entirely belong to him.
The green-eyed man, the Great Chief of the New World Tribal Union, Passamacodi, is the true owner of this wealth.
After all, all the spices Chris had came from him.
But gold is worthless to the Green-Eyed People; what they want is technology and weapons.
Technology is hard to come by, but weapons and armor are something we can figure out.
The prerequisite is that the gold coins must be handed over to Chris to manage, as the green-eyed person will find it extremely difficult to move an inch in the Eastern world.
So the money is still in Chris's hands.
He originally planned to simply buy some inferior weapons to appease them.
The problem is that if they find out, he will definitely anger Passamacodi.
This tall, green-eyed man is a powerful warrior; in a direct confrontation, Chris would be easily torn to shreds.
Moreover, Chris's goal was not just the four hundred gold coins.
He understood that by virtue of the other party's sister's identity, he would be able to firmly control the spice trade route.
It is foreseeable that he will be the richest commoner in the entire kingdom—no, in the entire world!
However, Chris paid a heavy price for his current identity.
Fate led him here, but the consultation fee for fate was too high.
With only a left eye and a left ear, Chris feels a deep sense of loss whenever he sees his disfigured face in the mirror.
Gold is ultimately just cold and lifeless, so to fill the void in his heart, he had to vent, enjoy, and even indulge.
Chris wanted to spend money like water, but unfortunately Passamacodi had already counted the amount.
If the discrepancy is too large, Passamacodi will definitely become suspicious, or even angry.
The only way is to use the money in hand to invest and make a quick buck.
He quickly found a way—futures.
The person who introduced him to futures was a guy named Know-It-All.
He claims to be an expert, but he's really just a middleman.
But Chris had to admire how extensive this person's connections were.
People that Chris would have to go to great lengths to meet, the know-it-all was able to contact with so easily, and even bring them together.
Thanks to the help of the know-it-all, Chris was able to sell the spices so quickly.
Goods worth over four hundred gold coins are not something an ordinary merchant or manor owner can afford.
According to Chris, a merchant ship that sails for a whole year, without considering unforeseen circumstances, would hardly earn more than twenty gold coins in net income after deducting expenses such as crew commissions.
Even the lords of large vineyards on the Blois peninsula rarely earn more than thirty-five gold coins a year in net income.
So Chris's original plan was to sell all the spices within three months.
However, thanks to the intervention of Wan Shi Tong, this process was shortened to less than a month.
The fee for the all-knowing guide is really not expensive, only one gold coin.
The only potential problem is that Know-It-All has met Passamacodi and knows that Chris's spices come from the Green-Eyed Man.
However, there's no need to worry too much. What good will it do to know? The know-it-all can't speak the language of green eyes and has no way of communicating with Passamacodi.
Later, Chris heard about futures trading from the know-it-all.
It is said that some people doubled their assets in just one day.
The expert explained all the details of the futures trading to Chris.
Chris also realized that there was indeed a huge profit involved!
Chris launched an investigation and discovered that someone had made a fortune from this.
If this was a scam designed to lure Chris into a trap, he would have seen through it immediately.
Chris is a professional con artist; he can easily tell if someone is lying.
Those people did indeed make a fortune.
Therefore, Chris immediately decided to get into futures trading as well.
He exchanged all the gold coins in his hand for contracts for the gold wine.
Just half an hour later, the price of the futures contract rose by five percent.
What does this mean?
Chris earned more than 20 gold coins in just half an hour!
Good heavens! In the past, Chris would have needed to investigate, plan, and strategize for three months in advance to have a chance to swindle so much money!
After that, the Fair Trade Commission announced a trading halt, which would resume at 9:00 a.m. the following day.
During this period, the price of futures will not fluctuate.
To celebrate his earnings of over twenty gold coins, Chris spent a night cuddling with the little sheep.
The little lamb wasn't in the best shape, but he had a sweet tongue, and whether it was kissing or talking, he always made Chris feel happy.
If the price continues to rise today, Chris plans to give Little Sheep a gold coin tonight as a tip.
However, he got up too late.
Chris knew that just as futures trading could make someone rich overnight, it could also bankrupt someone instantly.
But he was only half an hour late, so it should be fine, right?
At worst, I'll just lose back the twenty gold coins I lost last night.
Chris arrived at the Justice Society's booth, only to find it completely packed with people.
Hmm? Strange. Although there were quite a few people yesterday, they were just chatting in small groups, and there was no such pushing and shoving.
Chris felt a little uneasy. He pushed through the crowd and squeezed in.
He saw the trading board, and then his eyes widened in horror.
No one intended to buy, while the sell orders were so numerous that they couldn't all be placed on the trading board.
And the prices they were sold at were all lower than the last.
The current lowest price is less than a third of the price Chris bought it for!
What's going on?! Chris's heart was pounding. It was only half an hour later, how did it turn out like this?!
But reason told him that now was not the time to panic.
The selling price continues to fall, and if he doesn't sell soon, he will only lose more.
Chris yelled, "I'm selling!"
The clerk came forward and asked Chris the price he was willing to sell it for.
Chris gritted his teeth and chose to lower the unit price by another five percent compared to the lowest available offer.
But as soon as his order was posted, the crowd went crazy, frantically demanding that the order be updated.
Chris watched helplessly as the price per unit dropped to half of what he had just quoted!
Oh my god...
Why is this happening!
So he had to keep lowering his prices.
But every time he changes prices, it's accompanied by huge price fluctuations, as if he were the main factor causing the price collapse.
Chris couldn't understand why things had turned out this way.
So, where exactly did things go wrong?
It was at this moment that Chris discovered that despite the price being lowered again and again, no one had completed the transaction.
This means that even at the current price, no one is willing to take it over!
In other words, it's now at its daily limit down!