The encounter between Abel and David Mellon has no bloody plot.

It was last year, when he first came to New York from Texas.

He had $70,000 with him and was ready to make a financial investment.

But in this era, the Internet can't play finance.

If you want to invest, you can only open an account with a bank or financial company.

At that time, he was afraid of being cheated and chose a large financial company.

It's the reason for the reborn again, or the reborn of China.

He had another preference for Goldman Sachs Bank, so he chose to go to Goldman Sachs to open an account.

He started playing foreign exchange, and the Goldman Sachs staff who received him at that time was David Mellon.

After going back and forth, in two or three months, the relationship between the two became much closer.

David Mellon is a graduate of the Wharton School and comes from the Mellon family.

He has worked at Goldman Sachs for three years and has a wealth of experience.

At the end of last year, Abel invited David Mellon to work for him.

Mainly Abel himself, although he graduated from Rice University.

And Rice University is the No. 1 university in the southern United States, and it has the strength of an Ivy League if it is not an Ivy League.

It is also one of the best universities in the United States.

But....

The original university majored in the Department of Fine Arts!

A red-necked kid in Texas went to study in the art department, which is really indescribable.

Therefore, whether it is the memory of the original body or the memory of the reborn.

I am not very familiar with American finance.

After being reborn, I was studying hard.

But how much more can you learn from this kind of learning?

If it weren't for this, he would have opened a terrible hanging.

There is no such thing as hanging.

He would not touch it at all, and he did not dare to touch the things that most intelligent people in the European and American world studied.

But even if there is hanging.

He was also worried that he would be killed by the giant crocodile on Wall Street during the operation.

He needed an assistant, an assistant who was very familiar with Wall Street, with the rules of finance.

After two or three months of his investigation, he believes that both in terms of work ethics and ability.

David Mellon is both qualified and meets his requirements.

He sent out an invitation.

At first, David Mellon naturally refused.

Good Goldman Sachs middle-level in front of it, isn't it fragrant to earn millions of dollars a year?

In the end, Abel offered him an annual salary of $5 million.

Coupled with Abel's previous investment, he has been shocked.

and David Mellon's personality also has a radical side.

David Mellon finally chose to resign and found a group of people to follow Abelgan.

Later, Abel invested in a series of operations on the NASDAQ.

It was Abel who was in charge, and David Mellon led a trader to operate.

and the later establishment of Smith Capital, which was also responsible for all kinds of tedious and meticulous work by David Mellon.

Let's put it this way.

Smith Capital anthropomorphized words.

Then, Abel is the brain and heart of the company.

David Mellon is the company's body and limbs.

The two have known each other for ten months and worked closely together for half a year.

In addition, after the establishment of Smith Capital, Abel gave David Mellon a 2% dry stake.

Since its inception, Smith Capital has made more than $600 million in profits.

2% of $600 million, and $12 million.

That's more than David Mellon's seven years of work and all his income combined.

And it's only been a little over a month, and it's just the beginning.

In the future, even a blind person can see it.

There is money, and I am also in a happy mood with Abelgan.

He also has a good relationship with Abel personally.

Due to multiple factors, David Mellon is now working at Smith Capital.

A week ago,

Because "observing" the next yen exchange rate, there will be a wave of violent fluctuations.

Smith Capital, under the control of Abel, began to enter the market and short the yen.

Abel is the commander-in-chief, the soul of the man.

David Mellon is a pioneer general.

He picked eight of the firm's best exchange rate traders and entered the safe house.

for a week.

Even though Abel was not there, he did not come to the company.

David has also been following the operational needs left by Abel, and has been contacting Abel by phone from time to time.

Eight traders in control of the safe house are carefully operating a huge flow of funds with a margin of up to $1 billion and a leverage factor of 20 times, with the goal of shorting the yen.

Eight traders, who are mainly responsible for practical work, have been staying in the safe house all the time.

David Mellon, the general manager, hasn't been home for a week.

He stayed at the company for the rest of the week.

Eating, drinking, and sleeping are all done here.

In Abel's absence, he needs to keep an eye on it here.

After all, it was a huge amount of $20 billion after leverage.

Abel has a big heart and dares to run around.

David Mellon, who is in charge of the operation, can't be as easy as Abel.

It is because of his undivided dedication that David Mellon is tired.

That's when I couldn't help but fall asleep just now.

Now Abel is back.

also came to the company, and David Mellon's originally sluggish spirit suddenly perked up.

Because it means that it's time to close.

"How about it, can you report the market?"

Looking at David Mellon, who is a little raunchy because of staying up late and working overtime.

Abel said with a smile.

David Mellon perked up and whispered:

"As per your request. The main ones we do are the two currency pairs of JPY/EUR and JPY/USD. ”

On January 1, 1999, the euro was officially born, replacing the US dollar in the European currency market.

It's a new currency, but thanks to the strength of the European Union at this time.

As soon as the euro was born, it became one of the major currencies in the world.

The Japanese yen of the Neon Nation has also been one of the main world currencies since the 80s.

And the dollar, not to mention.

It can even be said that it is synonymous with the world's currency in its own right.

Therefore, these two currency pairs have always been relatively stable.

Stability means little volatility.

The volatility is not large, that is, the foreign exchange speculation is carried out in it, and the profits and losses are usually not too large.

Generally, only a large-scale black swan event will cause fluctuations in the exchange rate of this stable world-class currency.

For example, the Federal Reserve suddenly raised interest rates and cut interest rates, or the neon central bank and the European Central Bank engaged in some surprise operations.

"JPY/EUR, when we entered, the exchange rate was 98.2380."

"JPY/USD, when we entered the market, the exchange rate was 108.3210."

"And now ....."

Speaking of this, David Mellon smiled bitterly.

"JPY/EUR is 98.2450."

"JPY/USD is 108.3560."

"Also according to your instructions, three days ago. Our funds are all in the market. ”

After listening to David Mellon's report, Abel nodded.

"In other words, we've lost some money now, right?"

"Yes. We've lost $64 million. ”

David Mellon said expressionlessly.