Chapter 17: <Planning for the Future>
After a meeting, Yoon Gihwan wanted to talk to Woosung in private.
“Are you aiming to become a quant?”
Quant.
If you buy at A and sell at C, you could profit 2 cents.
If you buy at D and sell at E, then you could profit 2.5 cents.
But If you sell A at C, you have a 20% chance of losing 7 cents.
If you sell D at E, then you have a 25% chance of losing 10 cents.
With the above premises, which scenario would give you the best chance of profiting the most in a month? A quant was a person who composed complex mathematical models to detect investment opportunities. Companies scouted talented quants. As a skilled quant, you could become successful in both finance and in reputation. You had to be smart, and Yoon Gihwan knew Woosung could be an incredible quant.
“I haven’t decided yet.”
“Really? Then why do you want to know about algorithm trading?”
“That’s not my goal but knowing about it can still make me rich.”
“So you are thinking about opening your own business with it?”
Woosung followed with all honesty.
“I am trying to make it into my weapon.”
Yoon Gihwan, now more curious than ever, asked.
“All right… but why do you want ME to teach you? If I was the best at algorithm trading, I wouldn’t be working at a place like this.”
“I need your experience.”
Yoon Gihwan laughed.
“Hahaha, newbie. You need something from ME?”
“More like I need experience.”
“Yet you still have been so rude to me?”
“As you know, some experiences are…”
“Not important?”
“Something I can overcome with knowledge.”
“But algorithm trading is different?”
Woosung sighed. There was no end to Yoon Gihwan’s questions.
“You have a lot of questions.”
Yoon Gihwan nodded and played with his coffee cup.
“I have been working for 20 years in this field and I have never seen a newbie like you. Of course, I would be curious about you.”
“Please teach me how to apply algorithm trading in real life and how to create an architecture in large scale. I need you to help me create a personal and stable algorithm to use in trading. Will you help me or not? I want no more of your questions.”
“And all I get is to keep my job as a general manager at Daesan, which is only a secondary outsource company to Nuri Finances…”
Swallow.
Woosung swallowed. After much thinking about his future, the answer he came up with was algorithm trading. It wasn’t something that interested him. Only the best of the best can become a quant. He didn’t know how Yoon Gihwan got into this field., he only knew of it because Yoon Gihwan mentioned when he was drunk.
‘I became smarter after my death, so I think I could make money using the algorithm. If I can apply the concept to cryptocurrency dealing… I should be able to make a lot of money.’
Woosung was confident of the newfound intelligence he gained. What he has done so far was not something he could have done in his previous life. While Woosung was deep in his thought, Yoon Gihwan continued.
“I feel like I should get something more out of it. My experiences aren’t cheap.”
“Well, if you feel that way, I guess that’s that. I will look elsewhere.”
Woosung gave up easily. There was no guarantee Yoon Gihwan was good, anyway. Yoon Gihwan seemed confused.
“W-wait.”
“…”
Woosung remained silent. Yoon Gihwan continued.
“Let’s do it together.”
“What?”
“I want to be your partner in whatever you’re planning.”
“Can you be more specific?”
“Even if algorithm trading doesn’t work out, you will continue to try other things. I will be here to help you with whatever. All I want is for you to share your profit with me.”
This piqued Woosung’s curiosity.
“I am only a newbie, so how can you trust me, and how can I trust you?”
“I know you will succeed. My instinct tells me so. Even if you don’t trust me, you can still use me till you don’t need me anymore.”
Woosung closed his eyes. What should he do? He couldn’t do everything by himself. He also needed help with algorithm trading.
“You’ll be able to help me in every way?”
Yoon Gihwan nodded. Woosung expected to have him as an enemy, but having a partner at his workplace could make things easier.
“I will let you have any vacation time, early leave, or late start. I can make things happen for you at work.”
It was a tempting deal. Woosung put out his hand and Yoon Gihwan shook it.
“Then let’s do it.”
“Perfect. I will teach you everything I know, and whenever you make a profit, you must share it with me.”
Woosung nodded.
They left the coffee shop and returned to the office. Woosung asked him questions he wanted to know. Unlike before, Yoon Gihwan’s manner of answering softened. Things felt right between them. They were even laughing together. Park Junwoo looked at them in confusion. Kim Yonggun also noticed the difference and asked Park Junwoo.
“Manager, what’s happening?”
“I don’t know. I was worried they might have had a fight but…”
“They look so friendly now. What did the newbie do this time?”
“Believe me, I wanna know too, it’s shocking to see Yoon Gihwan laugh like that.”
They stopped whispering as the two came close. Yoon Gihwan told them in an unusual caring voice.
“What are you guys still doing here? It’s time to go home. Think of your families waiting for you.”
Park Junwoo’s eyes widened.
Kim Yonggun became speechless.
Woosung looked at them and added.
“Let’s get going. The general manager has decided from now on, our department will follow the strict work hour.”
Park Junwoo asked in confusion.
“But what about the problems the server team brought up today…?”
Woosung replied.
“I will take care of them first thing tomorrow. I have a good idea of what they are.”
Yoon Gihwan smiled and agreed.
“Well, that settles it then, right, or do you still want to work late?”
Kim Yonggun didn’t need to ask a second time. He grabbed his bag and stood up.
“Nope! I am ready to go home.”
He prompted Park Junwoo. When Park Junwoo stood up, Yoon Gihwan turned off his computer.
He murmured in disbelief.
“This is the first time we all left on time… This feels so strange.”
Kim Yonggun nodded in agreement.
***
8PM.
Woosung sat down at his desk at home with a book Yoon Gihwan recommended. It had a title of “Basics of Algorithm Trading.”
“The biggest opportunity occurs when there is a big change in the market. This could be my way to make money during the financial crisis…”
Even if he couldn’t make enough money during the financial crisis in October 2008, he could still make more with cryptocurrency. The more chances he took, the better. Woosung focused and opened the book.
-History of algorithm trading
The 300-page book started with the history of the system. As he read, Woosung again confirmed he was now smarter. Unlike in his previous life, it was now so easy to comprehend any information. It was effortless; he felt the joy of learning. He used to not be able to read for more than an hour, but now he read the entire book in one sitting.
Source: Webnovel.com, updated by NovelKeep
Chapters
- Chapter 203: <What goes around comes around (The End)>
- Chapter 202: <What goes around comes around>
- Chapter 201: <What goes around comes around>
- Chapter 200: <What goes around comes around>
- Chapter 199: <Control>
- Chapter 198: <Control>
- Chapter 197: <Control>
- Chapter 196: <Control>
- Chapter 195: <Control>
- Chapter 194: <Control>
- Chapter 193: <Control>
- Chapter 192: <Control>
- Chapter 191: <Control>
- Chapter 190: <Control>
- Chapter 189: <Control>
- Chapter 188: <Control>
- Chapter 187: <Control>
- Chapter 186: <Control>
- Chapter 185: <Control>
- Chapter 184: <Monopoly>
- Chapter 183: <Monopoly>
- Chapter 182: <Monopoly>
- Chapter 181: <Monopoly>
- Chapter 180: <Two sides of the same coin>
- Chapter 179: <Two sides of the same coin>
- Chapter 178: <Two sides of the same coin>
- Chapter 177: <Two sides of the same coin>
- Chapter 176: <Two sides of the same coin>
- Chapter 175: <Two sides of the same coin>
- Chapter 174: <Two sides of the same coin>
- Chapter 173: <Two sides of the same coin>
- Chapter 172: <Richest of them all>
- Chapter 171: <Richest of them all>
- Chapter 170: <Richest of them all>
- Chapter 169: <Richest of them all>
- Chapter 168: <Richest of them all>
- Chapter 167: <Richest of them all>
- Chapter 166: <Richest of them all>
- Chapter 165: <Richest of them all>
- Chapter 164: <Richest of them all>
- Chapter 163: <Richest of them all>
- Chapter 162: <Richest of them all>
- Chapter 161: <Richest of them all>
- Chapter 160: <Richest of them all>
- Chapter 159: <The main game begins>
- Chapter 158: <The main game begins>
- Chapter 157: <The main game begins>
- Chapter 156: <The main game begins>
- Chapter 155: <The main game begins>
- Chapter 154: <Design>
- Chapter 153: <Design>
- Chapter 152: <Design>
- Chapter 151: <Design>
- Chapter 150: <Design>
- Chapter 149: <Design>
- Chapter 148: <Competition>
- Chapter 147: <Competition>
- Chapter 146: <Competition>
- Chapter 145: <Competition>
- Chapter 144: <Competition>
- Chapter 143: <Competition>
- Chapter 142: <Competition>
- Chapter 141: <Competition>
- Chapter 140: <Competition>
- Chapter 139: <Power>
- Chapter 138: <Power>
- Chapter 137: <Power>
- Chapter 136: <Power>
- Chapter 135: <Power>
- Chapter 134: <Power>
- Chapter 133: <Power>
- Chapter 132: <Power>
- Chapter 131: <Power>
- Chapter 130: <Power>
- Chapter 129: <Coconut Bank>
- Chapter 128: <Coconut Bank>
- Chapter 127: <Coconut Bank>
- Chapter 126: <Coconut Bank>
- Chapter 125: <Coconut Bank>
- Chapter 124: <National Core Technology>
- Chapter 123: <National Core Technology>
- Chapter 122: <National Core Technology>
- Chapter 121: <National Core Technology>
- Chapter 120: <National Core Technology>
- Chapter 119: <National Core Technology>
- Chapter 118: <National Core Technology>
- Chapter 117: <China>
- Chapter 116: <China>
- Chapter 115: <China>
- Chapter 114: <China>
- Chapter 113: <China>
- Chapter 112: <China>
- Chapter 111: <China>
- Chapter 110: <Sudden decline>
- Chapter 109: <Sudden decline>
- Chapter 108: <Sudden decline>
- Chapter 107: <Sudden decline>
- Chapter 106: <Sudden decline>
- Chapter 105: <Sudden decline>
- Chapter 104: <Game king>
- Chapter 103: <Game king>
- Chapter 102: <Game king>
- Chapter 101: <Game king>
- Chapter 100: <Game king>
- Chapter 99: <Game king>
- Chapter 98: <Game king>
- Chapter 97: <Game king>
- Chapter 96: <Game king>
- Chapter 95: <Game king>
- Chapter 94: <Game king>
- Chapter 93: <Game king>
- Chapter 92: <Unexpected>
- Chapter 91: <Unexpected>
- Chapter 90: <Unexpected>
- Chapter 89: <Unexpected>
- Chapter 88: <Becoming a mid-sized company>
- Chapter 87: <Becoming a mid-sized company>
- Chapter 86: <Becoming a mid-sized company>
- Chapter 85: <Becoming a mid-sized company>
- Chapter 84: <Everything from 1 to 10>
- Chapter 83: <Everything from 1 to 10>
- Chapter 82: <Everything from 1 to 10>
- Chapter 81: <Everything from 1 to 10>
- Chapter 80: <Everything from 1 to 10>
- Chapter 79: <K coin>
- Chapter 78: <K coin>
- Chapter 77: <K coin>
- Chapter 76: <Coconut service>
- Chapter 75: <Coconut Service>
- Chapter 74: <Coconut Service>
- Chapter 73: <Big brother>
- Chapter 72: <Big brother>
- Chapter 71: <Big brother>
- Chapter 70: <Big brother>
- Chapter 69: <Big brother>
- Chapter 68: <Big brother>
- Chapter 67: <It’s him>
- Chapter 66: <KND Corporation>
- Chapter 65: <KND Corporation>
- Chapter 64: <KND Corporation>
- Chapter 63: <The first order>
- Chapter 62: <The first order>
- Chapter 61: <The first order>
- Chapter 60: <The Beginning of Coin Rush>
- Chapter 59: <The Beginning of Coin Rush>
- Chapter 58: <The Beginning of Coin Rush>
- Chapter 57: <Seattle, New York, and Silicone Valley>
- Chapter 56: <Seattle, New York, and Silicone Valley>
- Chapter 55: <Seattle, New York, and Silicone Valley>
- Chapter 54: <Seattle, New York, and Silicone Valley (End of Book 2)>
- Chapter 53: <Seattle, New York, and Silicone Valley>
- Chapter 52: <His life depends on it>
- Chapter 51: <His life depends on it>
- Chapter 50: <His life depends on it>
- Chapter 49: <System behaviour>
- Chapter 48: <System behavior>
- Chapter 47: <System behaviour>
- Chapter 46: <It’s over>
- Chapter 45: <It’s over>
- Chapter 44: <It’s over>
- Chapter 43: <It’s over>
- Chapter 42: <It’s over>
- Chapter 41: <It’s over>
- Chapter 40: <It’s over>
- Chapter 39: < It’s over>
- Chapter 38: <It’s over>
- Chapter 37: <It’s over>
- Chapter 36: <Developer Conference>
- Chapter 35: <Developer Conference>
- Chapter 34: <Developer Conference>
- Chapter 33: <Developer Conference>
- Chapter 32: <Big data>
- Chapter 31: <Big data>
- Chapter 30: <Big Data>
- Chapter 29: <God of money (End of Book 1)>
- Chapter 28: <God of money>
- Chapter 27: <God of money>
- Chapter 26: <God of money>
- Chapter 25: <God of money>
- Chapter 24: <God of money>
- Chapter 23: <God of money>
- Chapter 22: <Algorithm trading>
- Chapter 21: < Algorithm trading >
- Chapter 20: <Algorithm trading>
- Chapter 19: <Customer loyalty>
- Chapter 18: <Customer loyalty>
- Chapter 17: <Planning for the Future>
- Chapter 16: <Planning for the Future>
- Chapter 15: <Planning for the Future>
- Chapter 14: <Planning for the Future>
- Chapter 13: <Planning for the Future>
- Chapter 12: <Planning for the Future>
- Chapter 11: <Close the Gates to Hell>
- Chapter 10: <Close the Gates to Hell>
- Chapter 9: <Close the Gates to Hell>
- Chapter 8: <Close the Gates to Hell>
- Chapter 7: <Close the Gates to Hell>
- Chapter 6: <Close the Gates to Hell>
- Chapter 5: <Close the Gates to Hell>
- Chapter 4: < Pandora’s Box>
- Chapter 3: <Pandora’s Box>
- Chapter 2: < Pandora’s Box >
- Chapter 1: <Pandora’s Box>