Life at The Top novel Chapter 539

At that, the three other men present were dazed.

Even John, who trusted Jasper the most, was shocked. He knew that Jasper was someone who would never hesitate once he found an opening, but he had not expected Jasper to be so brave.

“Won’t you give it a deeper thought, Jasper? After all, the bar for the futures market is too high. We only have 800,000 dollars. I’m afraid we’ll hit liquidation right away with the slightest pullback in price if we buy in the entire position.”

“That’s right, Mr. Laine. The prices have already risen by 2,000 Somer Dollars. That’s a 16% increase. While it is exciting, the market price is bound to return to normal once it reaches a high enough amount,” Kai spoke carefully.

Samuel could not help but guffaw. “I can’t believe I actually got startled when you talked so big and surely just now. You’re just a useless nobody, after all. Hahaha!

“You’re f*cking stupid. Do you think you can just rush in because it’s good news? What do you take the futures market for, a taxi? Do you think the prices will spike just because it’s raining?

“Do you even know what a pullback is? It’s rare for idiots like you to continue trading in the market when prices reach a certain high. There are people who’ve been holding futures stocks for a long time and if they see that there’s a profit, some of them will choose to sell. Most people tend to look at the trend first and then the price will of course drop back to normal. That’s called a pullback.

“Do you even f*cking understand me? A slight drop of 1,000 bucks will have your capital of 800,000 dollars hitting liquidation. It’ll be too late for you to cry then.”

Samuel then sneered at Kai. “You’ve wasted 40 years of your life, Jones. It’s still not too late for you to regret it now since you haven’t bought in. But I’ll be charging 40% for commission and procedures this time if you want me to help!”

Kai clenched his jaw quietly and turned to Jasper.

Jasper sighed and spoke, “If you trust me, then do as I say. If you don’t want to trust me, then I’ll get up and leave.”

Kai fell silent for two seconds before he clenched his jaw and spoke, “I’ll listen to you!”

“Then buy in.”

Jasper shook his head when he looked at the market. There had been a 400 dollars increase in the price of cotton during the one to two minutes Kai hesitated.

People tended to speak of legends about the wealthy with envy, claiming that they only grew rich because they were lucky.