VIP Class Notes (Tibo) [S]

discussed leverage trading and advertising

Many firms need to advertise for their products so they need 4A companies to help them to use data to get targeted clients -> they use big date to target their clients more efficiently.

currency and gold is 400x for crude oil it is 200x  / we offer up to 400x leverage for gold and up to 200x for crude oil

Did you see the sharp decrease of the crude oil  / crude oil dropped / plummeted

I think they invade my privacy. / they don’t respect my privacy / it is a privacy breach.
I still use them but I can turn off some settings , I can disapprove some items / I can opt out of the
When you download an app there will be many items you can approve or disapprove.
I can find the option / item in the settings.
But I seldom use it.

-> I browse the app to get some ideas / inspiration and then I will buy the item locally because their price is not competitive.
delivery takes over 2 weeks.

this app offers a lot of choice / has a good variety of items  the price of the items in this app are very reasonable.
if something exists on Amazon and at the same time on taobao on JD. / if you can buy an item on all of these platforms which one would you choose? / which one would you naturally prefer?

Vocabulary

to opt in  (v) : choose to use

to opt out (v): choose not to use
the email newsletter was annoying so I decided to opt out

investment vehicle (n) : investment product (more long term)
He opened a saving plan as an investment vehicle

audience centric (n) : focused on the audience / target
We have an audience centric approach to marketing .

leverage (n) : when you increase your position through borrowing (finance / trading)
I used 100x leverage when trading currencies / gold / commodities
Our platform offers leverage

liquidation (n)
I increased my collateral to avoid liquidation

liquidate (v) : close the position when the collateral value reaches 0
I shorted gold with 100x leverage and the price of gold increased by 1% so I was liquidated.

to long (v) : when you think price will go up
I long gold with 100x leverage.

to short (v): when you think price will go down
Soros shorted GBP and won

 target (n/v) : someone you try to sell to / focus on
What is your target?
Who do you target?

characteristics (n): things specific / attributes  : height / weight /…
I don’t like the characteristics of bulldogs.

character (n) : personality
It has good character
Does it have a good character?  / is it friendly?

hibernate (v) spend the winter sleeping
My dog likes to hibernate in winter but I need to work to make a living so I envy him/it.

personify  (v): treat as a person
I personify my dog by using him instead of it because it is like a family member.

species (n) race / kind
Cats can be divided into many species

notification (n) : a message or pop up window giving you information
I received a notification telling me I had a new email

invade (v)
They invade my privacy

invasion (n)
It is an invasion of my privacy

targeted ads (n) : ads chosen specially for you based on what you like  / what you search for
Baidu sends targeted ads based on my search history

loan (n) : money you borrow
I took a loan to buy a rocket to go to the moon

mortgage (v) : use as collateral
I mortgaged my house because I needed money to open a business

collateral (n) :something used as a guarantee for a loan
I took a loan and used my house as collateral so if I don’t pay back the bank can sell my house to get their money back

over collateralized : collateral value > loan = very low risk
the value of the collateral was 150 and the loan value was 100. so the loan was over collateralized.

under collateralized : collateral value < loan = higher risk
most retail loans are under collateralized

real estate (n) : houses and apartments
He invests in real estate

movable properties  (n) : things that can be moved . cars, boats , ….
A boat is a movable property

Lease (v) rent for a specific time in return for payments
We leased the boat for 5 years

yacht (n) luxurious middle sized boat
Our CEO has a yacht