Chapter 13

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Translated by Heavenly Cat

Read it only at Novelbyu.com & Utoon.net

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Listing stocks don’t come out often, but they come out steadily.

And listing stocks are stocks with extremely high volatility.

That’s why it was also the best playground for day traders.

Because offering prices and market prices come out differently, and they bounce between upper and lower limits, so-called “riding listings” happens here most often.

There were even day traders deliberately waiting for listing stocks to come out while preparing their bullets.

Naturally, Team Leader Park and many traders today would have made full preparations to ride KK Bank’s listing stock.

Because if you eat and exit well, you can get sweet profits.

“..”

But Team Leader Park didn’t put a single won into KK Bank.

Not because he was worried he couldn’t time the in and out.

It was because of Jeong Jin-ho charging into KK Bank the moment the market opened.

‘This time he sells in 30 seconds, then buys again 1 minute later. What basis is he doing that on?’

Technical analysis.

It’s not something created by one specific person, but an investment technique that various investors and analysts have developed over a long period.

Prop traders first do fundamental analysis and then move to technical analysis.

Technical analysis analyzes human psychology and predicts market volatility while looking at charts based on the premise that all data is contained in market prices.

But everyone knows.

Technical analysis sounds plausible when you just hear the theory, but perfectly predicting stock prices through it is impossible.

If that were possible with supercomputers, we wouldn’t need this many traders.

That’s why even when countless veterans jump into listing stocks, most get fooled by charts mixed with human madness and dizzy psychology and come out having lost money.

You could tell just by looking at the team members’ order books right now.

No one was making money, everyone was only losing.

‘But how do I explain this?’

The only one person making money among them.

Jeong Jin-ho.

He properly jumped into this gambling table after investing all his capital of 5 billion.

Plus, he was making small continuous profits while buying and selling in units of seconds.

No matter how many times I looked, it was something I couldn’t understand with my head.

Is he doing analysis based on charts?

Or is there something else?

Whatever it was, the most important thing is that Jeong Jin-ho is making money right now.

And at tremendous speed!

‘Already broke through 5%.’

However, shortly after breaking through 5%, the number rose again.

‘7%. 10%. 12%. This is crazy.’

Even though Team Leader Park wasn’t the one trading, both hands were trembling.

If it had been Team Leader Park, he would have been satisfied at 5% and not proceeded with risky investments anymore.

He wouldn’t have all-inned on one listing stock to begin with, and even if he had, he would have quickly struck and exited at that level.

But Jeong Jin-ho was showing insane behavior of not pulling out profits separately but putting them all back into the listing stock.

‘If he slips up even once doing that, he’ll blow away everything he worked hard to earn, won’t he?’

Should I go stop him even now?

Forgetting he should be investing quickly too, he really agonized a lot.

To stop that madness and rather invest that money elsewhere.

‘But how do I stop this?’

From the moment the market opened until now.

Jeong Jin-ho had not lost money even once.

How should I describe this scene?

Right. An impossible thing.

I’m watching something that can’t happen right before my eyes.

“..”

Time passed like that.

To Team Leader Park’s perception, it seemed to flow almost as fast as a bullet.

And before him, the return rate Jeong Jin-ho pulled up was sparkling.

[+20%]

“Crazy bastard.”

Unable to control his boiling emotions, Team Leader Park let out curses without realizing it.

Could there be a more plain and accurate expression than this?

Buying that stock and it rising to 15% the next day is something that really happens occasionally.

But in the Korean market capped at a 15% upper limit, making 20% only through day trading was a first time seeing.

No matter how much they say you can make money if you just ride listings well.

All-inning on that dangerous listing stock and repeatedly buying and selling for 20%.

Is this really possible?

‘He finally stopped.’

A little past 1 PM.

Jeong Jin-ho suddenly pulled out all the money.

He even closed the order book.

And didn’t trade anymore.

He just leaned back in his chair with his eyes closed.

‘Don’t tell me he’s sleeping? That can’t be, right?’

The market is still so actively open?

But Jeong Jin-ho didn’t budge from that position.

I thought he might not be satisfied with 20% and go for more.

‘Ah. As expected.’

The listing stock that was drawing up and down dizzily finally started showing normal flow.

The trading volume that was surging like madness was also decreasing and entering stabilization.

Jeong Jin-ho stopped trading because of exactly that.

Since signs of normalization were appearing, he took profit and exited without hesitation.

The timing of entering, and the timing of exiting.

Both were clean.

No. Frighteningly perfect.

‘This really is like seeing the future.’

[Team Leader Park Hong-seo. The President is calling.]

There was still a bit more time until the market closed.

Before that, unless something really big happened, there would be no reason for the president’s office to call.

And Team Leader Park had no reason to be called to the president’s office to begin with.

Normally if there was business, they’d call director level, not team leader level.

But a sudden call coming down to team leader level like this means.

‘It’s because of Jeong Jin-ho.’

————————————————————————————————————————

The lineup of members gathered in the president’s office is splendid.

Directors, managing directors, executive directors, department heads, deputy general managers, team leaders, etc.

After all the members gathered, President Hwang Dae-woon who entered the president’s office narrowed his brow.

“What? Why did so many people come?”

“You said to gather all the people in charge, President.”

“Why not just bring the vice president too?”

“The vice president is overseas, so we couldn’t call him.”

“..Go ahead.”

“Yes sir.”

Hwang Dae-woon shook his head watching the back of the secretary bowing and leaving. Still, that friend works very hard.

“Everyone sit. There are many people, but this is why I built the president’s office big.”

Probably half the people here don’t know why they were suddenly called.

“I’ll get straight to the point. You know the friend I inserted recently, right? I called you because of that friend.”

“What? You inserted an employee, President?”

“Well, Managing Director Woo and Executive Director Tak wouldn’t know. Deputy general managers too. But the department heads know roughly, right?”

Two department heads came today.

One from the prop trading department.

The other from risk management.

Both nodded as if this made sense.

“That friend being a parachute was worrying, I know well. But there’s someone who gave 5 billion in investment capital to a friend who just came.”

“What? No. To a new hire? Even if it’s someone the President inserted, what were they thinking.!”

As Executive Director Tak Jae-ho was about to get angry, President Hwang raised his hand telling him to calm down.

“I’m not trying to scold. I’m just asking out of curiosity. Who was it?”

“It’s me, President.”

“Right. Team Leader Park Hong-seo, right? The superior of our Jin-ho’s team.”

Our Jin-ho.

Just hearing this, Team Leader Park could roughly guess the relationship between President Hwang and Jeong Jin-ho.

“Because I saw potential in that friend.”

“Potential? It wasn’t because you read the room since he’s the friend the President inserted?”

When Executive Director Tak scolded, Team Leader Park shook his head.

“No. He’s a talent proven not just by potential, but by actual results.”

“Haha. Anyone listening would think he made 5% profit in one day.”

A prop trader making 5% profit in one day could be called the ace of that team.

“More than that.”

“What?”

“Yesterday’s daily return rate was 10%. And today’s return rate is a whopping 20%.”

Executive Director Tak, who showed a surprised expression briefly, soon distorted his face.

“This friend is joking with people right now. Yesterday 10%, today 20%? What kind of nonsense are you saying? Does he think no one’s done trading? Especially if he’s a prop trader, he would’ve done day trading, right? But he made 20%?”

Not just Executive Director Tak.

Everyone who didn’t know Jeong Jin-ho’s return rate today had the same expression.

Because it’s a story that doesn’t make sense logically.

“I know well it’s hard to believe. But it’s an undeniable fact. Why would I lie in front of high-ranking people?”

A serious face without a hint of playfulness.

“President. No. What is this friend saying right now.”

“That friend’s words are true.”

“What?”

“Jin-ho’s return rate today is correct at 20%.”

“!?”

The president gave the official statement.

Only then did the executives’ eyes widen.

“H-how is that possible? 20%? With day trading!?”

“It seems he rode the listing stock and repeated buying and selling.”

“Even so! That’s not a number that can come out from just being lucky, is it?”

“That’s why I called you here. I was going to quietly meet only the people in charge of Jin-ho’s department.”

Behind the executives still trapped in shock, President Hwang looked at Team Leader Park.

“You entrusted that much capital to a new hire looking only at ability?”

“I heard he’s not related to you by family, President.”

“Well. That’s true.”

President Hwang’s guild also has a motto.

[Family-like Guild]

Some might say it’s overdoing it, but even in games, there’s romance and people’s lives.

And the person he was closest with there was Jeong Jin-ho.

Of course, he didn’t bother revealing they met in a game.

“But family doesn’t have to share blood, does it?”

The executives also flinched there.

To say that much meant the relationship between the President and Jeong Jin-ho was very close.

“Yes. Even though there’s acquaintance, I felt the President hiring that friend wasn’t simply because of acquaintance. You must have seen ability in Assistant Manager Jeong Jin-ho.”

Jin-ho’s ability.

President Hwang has been watching Jin-ho for years.

If he hadn’t been there, the guild would have disbanded long ago.

Do you know how difficult it is in a game, running a guild, managing all those guild members, forming raids and running them together?

If raid members make even the slightest communication mistake, the team falls apart, and the guild breaks like that.

But he did communication and management very well in place of President Hwang, the guild master.

That’s not something you can learn.

You have to be born with it.

“Jin-ho definitely. Does have ability.”

Hiring him at the company was decisively because of acquaintance though.

“Everyone knows the President’s insight is excellent, so I also had expectations in that ability. And as expected, that friend has excellent investment ability. Just, that ability far exceeded what I expected.”

“Ahem. I-is that so?”

“Wow. The President brought him before other places could poach him? As expected, the President’s insight hasn’t rusted.”

Unintentionally, President Hwang was hearing that his insight is excellent.

“What does the risk management team think?”

“I. Think it’s very reckless. The trading Trader Jeong Jin-ho is conducting goes against our securities firm’s rules. It’s no different from walking alone on a single-log bridge. Isn’t it like charging in without doing any risk management?”

“I think differently.”

But Team Leader Park immediately rebutted.

“That friend doing it that way, I think there’s a good reason for it. Looking at that friend’s investment method, it’s clear he has his own algorithm.”

“What algorithm is that?”

“I’m sorry to say, but even if Jeong Jin-ho explained it all day, no one would understand.”

“Of course. Because it doesn’t make sense. Where’s an algorithm in that?”

“He’s a friend who made 10% in one day, then 20% the next day only through day trading. You said it too just now, Executive Director. That it’s something that can’t be done with luck. That means it’s skill, not luck.”

“..”

Jeong Jin-ho’s own algorithm.

It’s something no one can understand or explain, but it definitely exists.

“That’s how it is. What does everyone think?”

Everyone looked at each other silently.

A parachute directly inserted by the president.

But that parachute’s ability was beyond ordinary, at an outrageous level.

“Still. I think we should watch more. It’s only been two days, hasn’t it? Moreover, this Friday is when final performance comes out, so watching until then.”

As expected of the risk management department head.

Suspicious until the end.

“But if the results are still good?”

“Then shouldn’t we immediately raise him to the next grade? Even if it means implementing very radical personnel changes.”

Traders also have grades.

Basic senior grade, what comes next?

Elite.

There, they invest with more capital, conducting more diverse investments.

Also, the settlement ratio changes.

The more you earn, the more you take.

“Any opposing opinions?”

Everyone was silent.

Who would oppose lifting up someone with ability?

“Then let’s do that.”

President Hwang laughed hollowly.

This wasn’t why I hired Jin-ho.

But somehow he became a person receiving enough attention to stir up the company.

————————————————————————————————————————

My eyes were strained and my head hurt, so I closed my eyes briefly.

It was just to relieve eye fatigue.

“Jin-ho. Do you know how much I made today? Hm? Jin-ho. Jin-ho!”

“Gasp!”

But what was supposed to be just closing my eyes briefly turned into sweet sleep.

It was clearly 1 PM when I closed my eyes earlier.

“What. Jin-ho. Don’t tell me you were sleeping?”

I slept sprawled out until the market closed? At the company!?

This crazy bastard!

Even if I write an apology letter, no, even if I receive disciplinary action, I’d have nothing to say.

Why the hell did I fall asleep?

Was it because it was too overloaded?

“How could you fall asleep? Since when were you sleeping?”

“Th-that’s.”

“I really worked hard analyzing and investing until the market closed today and made a whole 3%. Jin-ho said let’s enter KK Bank today. So I jumped in hard, but how could Jin-ho.”

I had nothing to say even with ten mouths.

“But it’s okay. In the end, prop trading is a place judged by return rates, right? If you can just make profit, it’s a place where you don’t even have to come to work. Let’s see how much you made. If you just slept without making money, today I’ll show you this mentor’s scariness. Huh?”

Deputy Lee Hye-rin looked at my trading window this way and that and tilted her head.

“Jin-ho. I think this is bugged. 20%? This doesn’t make sense.”

But I knew that wasn’t broken.

I made 20% today.

“It’s not broken.”

“Th-this is n-not broken!?”

Deputy Lee Hye-rin froze in place.

“Deputy? Deputy, are you okay?”

Maybe she completely froze, because even when I waved my hand, there was no reaction.

Then after I grabbed her shoulders and shook her, Deputy Lee Hye-rin woke up.

“Jin-ho.”

“Yes?”

“Please sit here nicely. I’ll bring you a blanket and also bring you warm tea. No. I will bring it.”

“What?”

“I dared to wake the sleep of someone so high up. I’m sorry.”

“No. What’s suddenly.”

“I’ll also buy snacks when I come! Please wait just a bit!”

Before I could even grab her, Deputy Lee had already run far away.