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A case in which a futures trader ruined his family.
As the saying goes, "Interlacing is like a mountain". Entrepreneurship is indeed a university. Although all walks of life are closely linked, there are many differences between each industry, and each industry has its own management style. Therefore, entrepreneurs must not blindly set foot in unfamiliar areas. In this regard, there are many bloody lessons worth learning.

The Zhang family is a famous and prominent family in Southeast Asia and plays an important role in the trade circle between Chinese and foreigners in Hong Kong. Mr. Zhang, the gambling king, was born in such a wealthy family. His grandfather and uncle are the richest Chinese in Southeast Asia. My father is both a comprador of foreign firms and an unofficial chairman of the East China Third Hospital of the Legislative Council. In addition, most of his uncles were comprador. And their proficiency in Chinese and English is unparalleled.

However, it is such a prominent family that has been planted in the stock market. Mr. Zhang's uncle Zhang Shiming shot himself because he was unable to repay his debts; Eldest brother Zhang Shida suffers from mental illness and can't sleep after eating a lot of sleeping pills. Others abandoned their wives and children and fled to other places.

What caused the destruction of the Zhang family?

One day, when Zhang Shiming, the comprador of Jardine Matheson Company, walked into Daban's office, he found an unsealed letter on the ground. He picked it up curiously and took a look. It turned out to be news of buying stocks. Zhang Shiming has long heard about the magic of stocks, but he has never speculated in them. He has long fantasized that he can get rich overnight and stop working. Surprised, Zhang Shiming hurried back to discuss with his brothers and decided to take out a loan immediately and use all his property to buy the stocks shown in the information.

Who knows, when the Zhang family invested all their assets in that stock, the stock price staged a scene of "high platform diving" and plunged all the way until the Zhang family went bankrupt.

It turns out that this is a trick played by Jardine Matheson. They want to sell their own stocks, and they are worried that small and medium-sized investors don't have huge funds to take over, so they manipulate the stock price and sell first. Although the Zhang family are very clever people, but my brother Zhang Shiming is a layman in the stock business, where can we see through this trick?

A big family with a prosperous family suddenly lost its family.

Although some strange industries seem to be profitable, for those who don't know how to do it, getting involved means risk. Therefore, whether you are getting rich or starting a business, you should be cautious.

As the saying goes, you make money when you are ripe. Although it is inevitable to encounter traps in doing business, if you know how to do it, the possibility of being cheated will be greatly reduced. Therefore, entrepreneurs must consider their own situation when choosing their own industries, and must not plunge into unfamiliar fields. After all, choosing a familiar industry is a good start to make money. Because you can lay your first golden brick in the most familiar field.