Life at The Top novel Chapter 1603

Looking at Jasper who was smiling at himself, Dean wanted to turn around and jump down from the floor to ceiling windows hanging dozen of stories in the air.

His scalp was tingling.

His scalp was really tingling.

Dean felt as though he had been stripped naked as he stood in front of Jasper. He felt shame, panic, and fear.

Adrenaline frantically secreted. His palms were hot, his body was trembling, and cold sweat was leaking from every one of his pores.

At the same time, Dean was yelling to himself frantically on the inside.

‘You can’t show any flaws at this moment.’

Even if Jasper already knew something, he could not take the initiative to be timid right now.

“I am confused indeed.”

Dean nodded, unconsciously avoiding Jasper’s eyes. He looked at the trading screen, trying to make his voice sound calmer and to stop himself from trembling.

“Didn’t you say you wanted to go long?”

“I am. You saw it too. I invested 200 million US Dollars to go long and now all 200 million US Dollars have been snapped up.”

Jasper stood beside Dean, raised his arm to wrap it around Dean’s shoulder, and said in his ear, “Sol think the shorts are going strong now and I’m going to join them, there shouldn’t be much of a problem, right?”

Dean twisted his neck mechanically and looked at Jasper. Then, he said with great difficulty, “But shorting such a large amount of funds is not proportional to the 200 million that you had longed before. I almost feel that you wanted to go short since the start but that you were just hiding it from us.”

Jasper patted Dean on the shoulder and said with a smile, “Be confident, don’t feel. That’s exactly what I did.”

Dean’s pupils shrank suddenly. He wanted to speak but Jasper had already let go of him.

“Let me look at the current real time exchange rate graph of Sun Dollars.”

Following Jasper’s order, the exchange rate chart of Sun Dollars was immediately displayed on the screen.

“Sun Dollars has closed at 1 US Dollar to 107.7 Sun Dollars yesterday. Before we started the offensive, the exchange rate was 1 US Dollar to 105.1 Sun Dollars.”

“How much of the 100 billion empty orders we threw out have been devoured?” Jasper asked.

Jake looked at the data. His eyes widened and he said in disbelief, “O One-tenth.”

After speaking, he looked at Jasper in amazement.

In fact, whether it was foreign exchange or stock market futures, there was a huge amount of short orders that could not be washed away by buy orders.

What did that mean?

It meant that price suppression on the short side had formed.

For example. The market price of a kilogram of apples was 5 dollars. Now, someone suddenly ran out and claimed that he

had 100 kilograms of fruit and he would be only selling 4 dollars per kilogram. Would anyone want it?

10 kilograms of the 100 kilograms were bought by someone, so only 90 kilograms were left. Therefore, before the 90 kilograms were digested, the market price of apples was 4 dollars.

Even after the 90 kilograms were digested, whether its market price could be restored to 5 dollars would depend solely on whether the buyers in the market chose to wait for others to sell for 4 dollars or buy at 5 dollars.