3 Power of Premonition
Saint Regis Hotel, in a standard suite.
Fang Ye lay on the sofa, a faint smile on his lips, gently swirling a glass of red wine in his hand.
This was Fang Ye's third day in this world. During these three days, he not only resolved the issue of his identity but also spent two days investigating the stock market trends.
In the real world, Fang Ye was known as a financial genius, a title he didn't boast about himself but earned through his formidable track record and terrifying speed of accumulating wealth, gaining recognition from financial professionals worldwide.
There were many ways to make money in the financial industry, but Fang Ye's expertise lay in foreign exchange, gold, and stocks.
Originally, Fang Ye planned to accumulate wealth as quickly as possible, and naturally, his first choice would be trading gold. Unfortunately, his current funds were too limited. With a mere $80,000, it was a joke to try to trade gold and amass wealth in a short period.
As for the remaining $20,000, aside from keeping some for daily expenses, he used the rest to apply for a social security card.
In the United States, there was no national ID card, and social security cards served as identification for U.S. citizens. The commonly used identification for daily purposes was the driver's license, with each state having its own unique design.
Under Fang Ye's aggressive approach, within two days, all the necessary documents were successfully processed.
"It seems that I can only choose stocks for the short term. As for foreign exchange and gold, I'll have to wait until I accumulate enough capital..." Fang Ye mused and set his target.
It wasn't that stock trading couldn't be profitable; it was just that compared to foreign exchange and gold, stock trading was slower in generating profits.
Merely relying on stock trading, it was impossible to make more than a hundredfold profit within a month. Regrettably, due to the limited funds, Fang Ye had no other choice but to take it one step at a time and gradually accumulate wealth.
The reason Fang Ye favored gold trading was because of the financial crisis a few years ago, which had a significant impact on the U.S. economy. After the U.S. government launched a $30 trillion economic stimulus plan last year, the stock market began to rebound, and gold soared at a terrifying speed. Fang Ye believed that short-term accumulation of wealth would be best achieved through trading gold.
In reality, stock trading wasn't that miraculous. Generally, anyone with some knowledge of the stock market, as long as they had money, could engage in stock trading.
With a good eye and some luck, a few hundred thousand could turn into several million, and several million could become tens of millions. It was not a legendary story; in a bull market, profits could even multiply dozens of times.
However, most people lost money because they didn't exit in time. After the stock market fell, not only did they lose their profits, but they also lost a significant portion of their capital, or even their entire investment.
In fact, Fang Ye had a secret that nobody knew - he possessed an extraordinary ability, which allowed him to become a world-renowned financial genius in the real world. This superpower played a crucial role!
He called this superpower the "Power of Premonition."
Regardless of the stock Fang Ye bought, once the stock market was about to decline, he would have a premonition. This was the fundamental reason why Fang Ye never got trapped and never suffered losses.
But this power of premonition wasn't limited to the stock market. Whenever something bad was about to happen, Fang Ye would have a premonition.
Before the Bermuda shipwreck, Fang Ye also had a vague premonition, but at that time, he was in the open sea. What could he do? Should he jump into the water to try and survive? That might lead to an even faster death.
Fang Ye's power of premonition was quite similar to Wolverine's sensing ability among the X-Men. They both had a mysterious sense of danger.
However, compared to Wolverine's sensing ability, Fang Ye's power of premonition was more comprehensive. Whenever something bad was about to happen to him, Fang Ye would have a sense of premonition.
This ability might seem useless, but it was, in fact, terrifying. If used properly, it could sometimes play a decisive role.
Fang Ye had a decisive and resolute character, and he never procrastinated on decisions. If something could be completed today, he would never put it off until tomorrow.
Sitting at the computer desk, Fang Ye opened his securities account that he had applied for yesterday.
Fang Ye's first target was already chosen. He went directly for 200 long contracts, each containing 100 ounces of gold. In other words, for every $1 drop in the stock price, Fang Ye would lose $20,000.
Fang Ye's account leverage was ten times, and the margin for 100 long contracts was less than $30,000, well within his tolerance range, and the risk was not significant.
Moreover, Fang Ye never considered that he would lose money. As long as the stock market was about to decline, his power of premonition would sound the alarm. As long as he sold and closed his positions in a timely manner, it wouldn't affect him in any way. The only difference would be whether he earned more or earned less.
With nothing else to do, Fang Ye started playing Twitter, a popular platform in the United States, similar to China's Weibo.
But Twitter was much more influential; it was one of the top ten most visited websites in the world. Fang Ye wasn't playing Twitter out of boredom; he used it to rapidly increase his popularity.
What did a financial investor need most? It wasn't how much money he had, but his reputation!
As long as you had a reputation, money wouldn't be a problem. Just like the real-world Fang Ye, at the peak of his fame, he only needed to open his mouth, and countless wealthy individuals would scramble to give him money, and they even feared he wouldn't accept it.
Twitter was undoubtedly the best platform currently available, a platform that could boost Fang Ye's popularity in a short period.
Two days passed quickly. During this time, Fang Ye didn't go out but stayed in the hotel trading stocks, reading books, and swimming. From time to time, he posted several stock analysis data on Twitter.
However, due to his lack of fame, so far, only a few hundred people had followed him.
The King of Finance, this was the nickname Fang Ye chose for himself.
After Fang Ye posted some of his analyzed stock data on Twitter and verified one by one, he believed that his fame would soon increase. At that time, more and more people would follow him.
On the third day, Fang Ye faintly felt that the stock he had just purchased was about to fall.
Fang Ye never doubted his premonition, and from the stock price trend, it indeed had the potential for a rebound. Without hesitation, Fang Ye closed his position after holding the stock for an hour. He earned a net profit of $320,000 with 200 long contracts. His account balance reached $400,000.
Then Fang Ye immediately went all-in on another stock, buying 500 contracts, worth $400,000, with a ten-fold leverage.
Fang Ye had invested all his funds, but he wasn't afraid of getting stuck, thanks to his power of premonition.
Of course, stock market analysis was still necessary. His premonition couldn't help with determining which stocks would rise in the short term; he had to rely on his own analysis.
Although Fang Ye didn't dare to claim that he was better than those financial tycoons, he wasn't too far behind. In finance, Fang Ye did have a remarkable talent. Otherwise, even with the assistance of his premonition power, he wouldn't have become the financial genius acknowledged in the financial industry.
Indeed, after Fang Ye closed all positions an hour ago, the stock he bought dropped by 20%. Numerous people lost the money they had earned in recent days, and some even lost all their capital.
That was the stock market - it could be heaven or hell. Perhaps you were a millionaire one moment, but the next, you might have nothing.
Fang Ye took a screenshot of the floating profit and posted it on Twitter, saying, "Net profit of $320,000 in three days. Next goal, make $2 million in three days..."
After Fang Ye posted the screenshot on Twitter, it caused a huge sensation. The number of people following him surpassed 10,000 within a day.
Fang Ye smiled calmly at this, once again posting some of his analyzed data on Twitter. He believed that as long as he made a few more big trades, his fame would skyrocket!
