Today, I have organized all the content about Wang Wang on the internet into a post for everyone to learn from and watch. In fact, Wang Wang's trading methods can be said to be the simplest; it’s all about breakout trading. Teach a beginner how to draw support and resistance lines for two days, and they will understand. However, breakout trading is also the most challenging, as it requires a trader's market feel. True breakouts in the market are rare; most of the time, the market is either consolidating or experiencing false breakouts. Without market feel, everything looks like a true breakout or a false breakout.
In fact, there are a few forwarded traders in the intelligence agency who have always engaged in breakout trading, such as Sanmu, Suhe, and Tareep. These traders sometimes have excellent reputations and sometimes very poor ones because if a breakout fails, you can get trapped at the top; this is quite normal. In trending markets, the probability of true breakouts increases significantly, so during good market conditions, these traders also have good reputations. Wang Wang is no different; when he was still challenging, a group of friends wanted to follow and copy his trades, but when they got trapped, they criticized him.
If we break down Wang Wang's trading system, it is indeed very simple. He never looks at any technical indicators, which is a consistent approach of all naked K-line traders. Indicators are lagging in the market and cannot reflect the behind-the-scenes struggles as directly as K-lines.
His position management can be considered quite aggressive, using fixed loss sizing. I generally recommend everyone to keep it between 1%-5%, while he sets each fixed loss at 10% of the total capital, ensuring that he can make 10 mistakes before facing a margin call. He also rolls over his positions, using a more scientific doubling method; only after the account doubles does he increase the fixed loss amount.
In fact, this trading system is very simple, simple enough that with this introduction, you all will basically understand it. However, even though everyone knows how to do it, there has still not been a second Wang Wang, and the issue lies in the mindset.
Wang Wang rarely publicly answers anyone about this mindset. I believe he cannot verbally convey it either. Everyone's life experiences vary, and each person's insights differ. However, the best representation of Wang Wang's mindset may be his coin's signature: 'Desirelessness is strength.'
In fact, I still highly recommend looking at the Q&A about him, as it allows you to catch a glimpse of his entire trading system. Let's encourage each other.