If a 19-year-old can turn several tens of thousands into ten million, they should be considered a genius.
But the trading philosophy he talks about is likely not the reason for his profitability.
To be honest, if you have a better understanding of sources of profit that others do not, even if you use the same strategy and similar trading logic, you will still earn more than others.
For example, can someone who stubbornly holds Bitcoin compare to someone who stubbornly holds PetroChina in terms of profit? Even with the same strategy, different underlying assets lead to different returns.
For instance, with the same underlying asset, some use a grid strategy while others use a trend strategy; will the results be the same? The same underlying asset with different strategies yields different results.
The same strategy with the same logic, but different parameters and positions will definitely yield different results.
However, delving deeply into these things may not be meaningful; in the end, they might all be overfitting.
The real reason for profitability, for many people I have encountered, is something they themselves cannot clarify.
They may not even realize that what makes them profitable is some vague factors, rather than the trading logic they articulate. The same trading logic, when others trade it, cannot achieve the same results.
Therefore, I have always emphasized the importance of clarifying the sources of one's gains and risks. Basically, after spending some time with a trader, observing each other's logic and backtesting strategies, I can understand why others are profitable; the reasons many people profit are really not related to the logic they express.
So I can also understand why many people listen to so many successful traders' insights but still cannot create profitable strategies.
It's not that others are stingy and unwilling to tell you; it’s just that their understanding of what makes them profitable is not the same as the actual reasons, and they themselves may not realize it. You need someone like me, who has tried many different strategies, to turn their trading logic into a strategy to understand why they are profitable.
I have even seen an outrageous person whose trading logic sounds like a grid + rolling position, but in reality, he made a mistake while operating, executing a price breakout with a grid strategy, and after that, I turned his two logics into strategies. He thought his logic yielded a stable return of about 20% a year, but the result of his erroneous logic, the actual operation, was that it quadrupled in just one month.
Although later on, his mistake stemmed from mismanaging the stop-loss of his grid, which turned into a buggy rolling position strategy, meaning his buggy strategy had no stop-loss, ultimately leading to a margin call. However, a quadruple in a month, if luck allows, could turn into a hundredfold holy grail in a few months, as others say.
So can he explain what he himself doesn't understand due to the bug? Can others learn from what he says?#稳定币监管风暴 $BTC