<h4>Chapter 140: <Competition></h4>
When the incident in China has resolved, Woosung headed to New York. He nned on using 6 billion dors to make money in the crude oil future market.
He said to Alex, “I currently have 2 billion dors in the long position.”
“As you request, I am ready.”
After nodding, Woosung scanned the six screens in front of him quickly. They were filled with relevant charts and graphs. Woosung looked at them with a serious expression.
“Boss, is something wrong? Are you not sure about it this time?”
“No, it’s just that you said someone is following our trend.”
“Yes.”
“So I was just wondering if that person may use it against us.”
“Oh, was that why you said to do the trading under the Right Capital serial number?”
Woosung nodded. “I just want to make sure I’m not missing any irregrities.”
“Then have a look at this. As you asked, I found the serial number following the KND transactions. I will follow that number’s actions right now.”
Alex handed Woosung the excel table. Woosung scanned it and said to Alex, “I don’t care if we lose a bit of money, so take a short position on the crude oil under KND Investment.”
Alex replied unhappily, “Alright.”
After a few minutes, Woosung asked him to do it again.
They repeated it a few times.
They weren’t losing money yet, but Woosung was following apletely different pattern of investing. Alex looked confused.
“Boss, are we scalping right now? We haven’t lost any money yet, but I feel like this is too frequent of transactions.”
“I’m trying out the Jang Gwangchul method this time.”
“Jang Gwangchul?”
“Haha, he is a famous Korean trader. You probably don’t know about him.”
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The next day.
Ryan Capital’s Williams Liam looked at the data in confusion.
“They are taking a short position…?”
He focused on one particr serial number. In the past, he would have followed this trend, but this time, he meant to steal money from thispany.
“If I take the same position, I may make a little bit of money, but not as much as…”
However, he couldn’t just bet against it. He needed to know why thispany made the decision of taking a short position. After studying the data, Liam’s eyes sparkled.
“Scalping?”
Multiple and closely-spaced transactions were taking ce. This was a different pattern than he saw before.
“Did they get a different trader, or maybe algorithm trading? I just need to know why they are doing this, and when I do…”
He could destroy it.
Liam focused on learning the trend. He stayedte at work to continue analyzing. Hispetitiveness wouldn’t let him leave until he figured it out.
The next day, he looked at the fresh set of data. Suddenly, he stood up in excitement.
“I got it!”
He figured out the pattern. He re-checked everything, and when he was certain, he went into CEO Ryan’s room.
After Liam’s enthusiastic exnation, Ryan asked, “So you want me to increase your operating fund?”
“Yes. I now understand the pattern of this otherpany, so I can steal the money from them.”
“But what if they learn your pattern as well?”
“As you know, we rotate different serial numbers on irregr bases for this reason. There is no way anyone can find out about us.”
“Hmm.”
Ryan knew this as well, but this felt wrong.
“This is a once in a lifetime chance! If you give me a billion dors…”
Ryan Capital.
He became sessful because when a chance like this came, he took it.
A billion dors was not a significant amount of money in thispany.
If he lost the billion dors, it would be damaging to thepany, but they would recover in time.
‘But we may lose customers.’
If the customers learn that they lost, they would leave thepany.
‘Should I go safe or go risky?’
Ryan nced at Liam who looked determined.
“If you win, you will get 10% of the profit. If you fail, you will have to leave thepany.”
“Of course.”
“Do you need an assistant? It is a big job, so if you need one, take anybody you want.”
“Then give me Steven, Harry, and Mason.”
They were the best in thepany.
“You need to finish this by the end of this month.”
Liam smiled confidently.
“Haha, I won’t take that long.”
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However, it wasn’t just Liam who was studying the data with eagle eyes.
Alex asked Woosung, “So you’re saying these four numbers are being rotated by the samepany?”
“Based on thest few days’ transactions, there are at least four, but there could be more.”
“Haha, I can’t believe you found them. Poor bastards.”
“Can you think of anypany that matches this pattern?”
“Well, there are so many hedge funds, but…”
After a few seconds, Alex shouted eagerly.
“Oh! Now that I think about it, I recently heard Williams Liam got a huge bonus at Ryan Capital. That was about the time I received a huge incentive myself.”
“Really?”
“Yup.”
Woosung murmured, “Ryan Capital. Ryan. Ryan.”
“It is a mid-sizedpany. I heard Williams bragged he would take over thepany.”
“Any other information?”
“The hedge fundpanies are very secretive of their techniques so it will be hard to find out.”
“Well, it doesn’t matter. I just have to wait till they take my bait.”
“Boss, should we keep the same long position under Right Capital?”
“No, we need to increase it. Buy until it hits just below 80 dors. When it gets over 80, clear it.”
“Alright.”
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Woosung stopped scalping and took the long position and stopped trading. Just as he expected, Ryan Capital took a long position with a simr amount of funds. When Woosung took another long position, Ryan Capital did the same.
Woosung confirmed that they were following his moves.
After checking a few more things, Woosung was about to sell his position when he saw it.
“He took the bait!”
Williams Liam put a massive order to sell in an attempt to be a step ahead of Woosung.
Liam was getting excited. He already made 5 billion dors.
“Liam, this is crazy!”
“It’s going ording to my n.”
“Liam, you better buy us drinks after this.”
“Haha, of course. I will have a party after this. You guys will also get a huge bonus.”
Liam was getting confident. In front of him were eight monitors.
Suddenly, Liam saw it. He yelled, “Right now! Buy!”
The room filled with the sounds of typing.
“This time, it’s a 50-billion-dor transaction.”
“Haha, awesome! We are all going to be rich.”
Liam looked at the screens and murmured, “Haha, just wait. I will take all your money!”