From 100,000 to 15,000,000, a look back at the journey of genius teenager Liangxi in the futures trading world
He took 100,000 yuan as capital and earned 15,000,000 in just one day, all thanks to his signature rolling position shorting strategy. Some on X call him the 'God of Contracts', while others laugh and wonder if he is exaggerating. Regardless, whenever Liangxi appears, people can't take their eyes off him.
From an ordinary teenager to a rising star in the crypto world
Liangxi, whose real name is Geng Zhiyu, was born in 2002 in Jinan. His family was of average means, and he was quite mischievous as a child, fond of playing games and not very focused on studies. At 16, he saw news online about the skyrocketing price of Bitcoin and became interested. He took out 500 yuan from his pocket money and downloaded a trading app to start playing. He made some small profits but lost everything, yet he found it more thrilling than gaming. At 17, with only 1,000 yuan left, he officially jumped into the crypto world and started competing with the market.
Liangxi is not the type to save money slowly; he likes to take big risks. In 2020, when the market fell sharply, he used 1,000 yuan with 100x leverage and made it to 20,000,000 in a month. That night, he sat in his rental room, looking at the numbers in his account, feeling very proud of himself. He posted online: 'From 1,000 to 20,000,000, am I a genius?' Since then, people in the crypto circle began to call him the 'God of Contract Warfare'.
Rolling position shorting is all about courage. Liangxi's specialty is rolling position shorting. He doesn't like small plays; he always says: 'Either make big money or have nothing at all, I just don't like the middle ground.' What is rolling position shorting? In this case, he used 100,000 yuan to short with high leverage. When the price dropped, he didn't rush to exit; instead, he added to his position with the floating profit and continued shorting. Yesterday, when it dropped more than 20%, he probably rolled several times within an hour, earning more and more, ultimately turning 100,000 into 15,000,000.
This pace is as fast as playing a game; even a slight delay can be detrimental. Why is he successful? This strategy looks simple but is not easy.
First, you need to guess the right direction; he relies on chart analysis and news, possibly sensing the trend in advance.
Second, you need to add positions accurately; adding too early might incur losses, while adding too late might yield lesser profits.
Third, you need to maintain a stable mindset; with millions in the account fluctuating, most people would panic.
He himself says: 'If I make money, I add; if I lose, I pretend I didn't see it.' This kind of courage is not something everyone has. Earning 15,000,000 in a day is true skill or just luck.
The genius teenager, with ups and downs