4 Rising Fame on Wall Street

In fact, the people following Fang Ye's Twitter account were not just ordinary retail investors; many Wall Street financial professionals were also keeping an eye on his updates.

There are mainly two reasons for this. First, the data Fang Ye posted caused a huge shock in the Wall Street financial circles.

Those data analyses were exceptionally insightful and not something an average person could come up with. It required not only extensive experience but also a keen sense of the market.

Such acute perception was a talent, something that could not be acquired through effort alone. Otherwise, why were there only a few financial giants in the world? It was because talent couldn't be replicated!

Each financial giant had an astonishingly keen sense of the market!

Fang Ye possessed this talent, which was the reason he was known as a financial genius in the real world, and not just because of his power of premonition.

Second, Fang Ye's arrogance had rubbed many Wall Street professionals the wrong way.

To them, making five times the profit in just three days was nothing short of reckless and ignorant!

Especially when they discovered that Fang Ye was a Chinese American, perhaps due to jealousy or reluctance to see a Chinese person standing above them, many Wall Street professionals mocked him.

"Making five times the profit in three days? That's pure fantasy..."

"Do all Chinese people act this arrogantly?..."

"The King of Finance? Daring to call himself that, I wonder if he's got the skills to back it up?..."

"Wall Street doesn't need someone like him..."

Many well-known figures in Wall Street took to Twitter to smear Fang Ye.

As more and more people paid attention to the situation, especially with the criticism from hundreds of financial professionals, Fang Ye's Twitter account quickly became popular.

Within a few hours, the number of followers on Fang Ye's Twitter account surged by over thirty thousand.

Among them, there were also many supporters of Fang Ye. These people had read his analyzed data and managed to clear their positions ahead of time, avoiding getting stuck.

They were extremely grateful to Fang Ye and naturally stood up for him when they saw others smearing him.

Unfortunately, there were too few people supporting Fang Ye, and they were no match for those who were against him. In no time, they were overwhelmed. The situation escalated on the internet, and Fang Ye's Twitter account became even more popular.

Fang Ye didn't bother to clarify or pay attention to those who smeared him. He let the facts speak for themselves.

Late at night, Fang Ye took a screenshot of his clear position and posted it on Twitter.

"Today, I made 500 long contracts and earned a net profit of $250,000..."

After posting the screenshot on Twitter, the Wall Street professionals fell silent, and Fang Ye's supporters gained the upper hand.

However, they were still waiting for Fang Ye to make a mistake. The stock market was ever-changing, and once they got stuck, it would be a fall from heaven to hell.

Unfortunately for them, Fang Ye didn't give them a chance to turn the tide. On the second and third days, he continued to make explosive gains, earning $550,000 and $950,000, respectively, in net profits. Added to his initial capital of $400,000, he now had a total of $2 million.

Fang Ye had indeed achieved his goal of turning $40,000 into $2 million in just three days.

"Haha! The King didn't disappoint us. Those Wall Street people can go eat dirt!"

"King, we support you!"

"I followed the King and bought 200 shares, making over $300,000 in a few days. I'm so grateful to the King..."

"Hah, I knew I shouldn't have trusted those fools on Wall Street..."

Most of those who supported and believed in Fang Ye had made some profits in the past three days of following him.

As for those who didn't believe in Fang Ye and even smeared him, they were now filled with regret. They watched as others made money, while they themselves had been losing for the past few days. They couldn't help but resent those Wall Street fools.

With $2 million in his account, Fang Ye decided to stop trading stocks.

Half of the time agreed upon with Norman Osborne had already passed. In the remaining half-month, Fang Ye was confident that he could turn his $2 million into over $10 million.

After making money, Fang Ye had changed his room, no longer settling for a standard suite but opting for the presidential suite instead.

In Fang Ye's view, the purpose of making money was to enjoy life better. There was no point in earning money just to live a frugal life.

Sitting in front of the computer, Fang Ye analyzed the data he had collected over the past few days.

"Gold dropped by one point yesterday, but it has rebounded now. Currently, it's more suitable to go long than short..."

Fang Ye had made up his mind. He opened his account and hesitated for no longer, investing his entire $2 million. He placed over 2,000 long contracts with a leverage of nearly twenty times.

The next morning, gold rose by two points. In just one night, Fang Ye's account saw a significant increase in funds.

Five days passed, with gold fluctuating up and down, but Fang Ye was still making profits, although not as rapidly as before.

On the seventh day, Fang Ye had a sudden impulse. He got up from the sofa and quickly closed all his long positions.

Not long after Fang Ye cleared his positions, gold began to decline again, and it seemed unlikely to rise again in the short term.

At present, Fang Ye's account had a profit of over $12 million. He was no longer worried about losing the bet, meaning he had managed to turn his $80,000 into $12 million in just twenty-two days.

A one hundred and fifty times increase in twenty-two days would undoubtedly shock the financial world!

Even the financial giants on Wall Street would be astonished if they heard this news.

Fang Ye looked at his account balance, and a smile appeared on his face. He quickly took a screenshot and posted it on Twitter: "Turned $80,000 into $12 million in twenty-two days, a one hundred and fifty times profit!"

After Fang Ye posted the screenshot, the financial world was shaken, and Wall Street fell silent.

Fang Ye didn't stop there; he immediately opened short positions. He used all of his $12 million, creating ten thousand short contracts with a thirty-fold leverage.

However, Fang Ye no longer went long; he was now going short. There was only about a week left until his bet with Norman Osborne, and Fang Ye was confident that he could multiply his $12 million by ten times within a week.

The gold market traded trillions of dollars daily, and Fang Ye's capital was insignificant in comparison. He wasn't worried about causing a market rebound.

What Fang Ye didn't know was that while he was manipulating stocks in his hotel room, the outside world had been turned upside down because of him.

Not only on the internet, but the next morning, major American newspapers were also reporting on the matter.

"Chinese-American Financial King Appears: Earns 150 Times in 22 Days..."

"Chinese-American Financial Genius: Turns $80,000 into $12 Million in 22 Days..."

"Achieving 150 Times Profit in 22 Days: Can This Myth Be Replicated?"

"Undoubtedly the King of Finance!"

The American financial world was shaken, and countless investors were speechless. Even the Americans, who were used to Wall Street myths, found it hard to believe.

At the same time, countless reporters were searching for Fang Ye, but he stayed inside his hotel and never went out.

avataravatar
Next chapter