Life at The Top novel Chapter 542

“Keep increasing your positions. Use the funds you just earned to form a pyramid chain of positions,” Jasper suddenly spoke.

The futures market had a very unique trading rule, which was investors were allowed to buy futures with the profit they earned—if any—even though they had not closed their positions yet.

In one way, this greatly increased their profits. Yet at the same time, it also added to their risks.

For example, after a revenue total of 1.48 million with his capital of 800,000, Kai had earned a profit of 680,000. He could use his profits to buy more futures.

However, doing so meant that Kai was putting himself at a higher risk.

After all, the moment the prices dropped beyond the position line, then Kai would end up having to liquidate as well.

Jasper’s instruction had Kai’s heart lurching in his chest.

While he was afraid of risks, Jasper had also just displayed his skills. As such, Kai stopped hesitating and clenched his jaw, doing as Jasper instructed.

Beside them, Samuel scoffed. “What kind of f*cking idiotic tactic is this? I’ve never seen anyone so unafraid of death like you. You’re going to have to liquidate the moment the prices drop by 500 Somer Dollars if you buy in now.

“Listen to my advice, Jones. Just close your position. Leave now and you’ll still have your 680,000 profit. Or you’ll end up losing that 800,000 capital in a bit.”

Already high-strung, Kai was easily pissed. He coldly replied, “I don’t need your opinions about how I’m supposed to use my money.”

Kai had already completed the buy-in by the time he finished speaking.

After that came Samuel’s sarcastic comments while Kai and John watched in fear as the cotton futures price continued to rise steadily.

There were slight jumps and drops, but the price remained at around 16,000 Somer Dollars the entire time.