In 2020, I experienced a low point in my life, but I passed it very calmly, and that time, looking back now, is still unforgettable.
In 2016, I completely switched from subjective trading to quantitative trading, and for the next four years, my trading profits have been very stable, although the annual profit is not very large, but fortunately, it is a long stream.
In 2020, the perennial profit made me both numb and confident, and I naively thought that the rest of my life was about to be in a virtuous circle in this state, because my understanding of trading was in place, and there was really no problem with my trading methods and methods.
I thought I could control the market, but I was naïve, and I was still the meat on the market board. Just when I was paralyzed, the market quietly went under the knife on me.
For a trader like me who has a deep understanding of the market and has perfect risk control, the conventional means of the market cannot clean me up, but this time the market has begun to use unconventional means, that is, it does not play cards according to common sense.
What is an unconventional method? It is a sudden and strange market, and the market wants to clean you up, and there are all kinds of methods that you can't think of, so it doesn't matter if you are a veteran or not.
During that time, international capital was manipulating crude oil, the price fell sharply from more than 70 US dollars, and in just over a week, it fell to more than 20 US dollars a barrel, and then crude oil began to consolidate in more than 20 US dollars.
There is a reason for my self-confidence, because the extraction cost of crude oil is about 45 US dollars, and crude oil cannot always be below the cost price, according to the principle that the price fluctuates around the value of the remainder, crude oil will still return to above 45 in the future, and I only need to buy crude oil now, hold the medium and long term, and wait until the crude oil rises above 45 in the future, I am out, and I will definitely double at that time.
What happened next was to subvert my common sense, crude oil fell to negative territory for the first time, and I bought crude oil because of the Martin strategy, which caused me to liquidate my position when crude oil fell to negative territory.
What! Crude oil has fallen into negative territory! It's cheaper than water! It's not common sense at all.
But the existence of the market is to create all kinds of harvests that do not conform to common sense, I lost millions, my vitality was greatly damaged, and my savings for many years were lost.
People's fate is so full of drama, sometimes when they enter the trough stage, all kinds of bad luck come together together.
My other trading account has also encountered a negative period of the trading system has been retraced, the mining project I have invested in has also gone wrong, my father is also seriously ill at this time, and what is even more strange is that I took the driver's license and hung it continuously, which is usually no problem with practice, but the real exam has all kinds of weird mistakes.
The successive blows did not make me manic and sad, but I was very calm.
For the crude oil liquidation incident, I calmly accept it, this is not my fault, the market wants me to die, I have to die, I should open my eyes and experience this incredible liquidation journey. Many people laughed at me and said that a veteran like you is still bursting his position, and he still makes such a low-level mistake, hehe, I can only say, I am not a god, I am just a person, no one is a saint or a sage, even if a person with a high level of cultivation and realm, he will occasionally make some irrational and ridiculous moves, and Livermore will not lose all the games by accident.
For the mine investment incident, I calmly accept it, willing to gamble and lose, and I don't bother to pester the parties to redeem my investment money.
I also tried my best to cooperate with the treatment of my father's illness, after all, he is old, and birth, old age, sickness and death are inevitable.
For the driver's license failure, I hummed a song on the way back from driving school, enjoying the taste of failure.
At this moment, I really grew up, like a mature man, calmly accepting all kinds of good and bad things. In the past, as long as I encountered something that did not go my way, I was very emotional, I was angry when I encountered good things, and I was manic and sad when I encountered bad things.
Life has ups and downs, just like the K-line chart on the disk, there will always be different markets, they come together, it is a variety of wonderful scenery, so to make a trade, is to travel in the market, enjoy different scenery along the way.
The meaning of life lies in the process, whether you are happy or unhappy, rich or poor, comfortable or exhausted, it is all about experience.
Anhui's Le brother used to make millions in good times, eating fragrant and drinking spicy, and then the operation was out of control and lost to debt, and now he is playing screws in the factory with relish, drinking and playing cards and chess with his co-workers after work.
The maturity of people not only accepts that all kinds of facts are normal, but also accepts failure calmly, and learns to ridicule life.
Now I don't pursue fame and fortune, nor do I pursue wine and wealth, nor do I pursue how much money I make, but now I am simply idle clouds and wild cranes, just travel poorly, bask in the sun, get drenched in the rain, blow the wind, speculate on foreign exchange, make a few snacks, and be content.
Just write so much, I am Zhao Huagang from the School of Quantitative Trading, I like to share the mental journey of traders, I like to like it casually, if you have any questions, you can leave a private message in the headlines, I will reply when I see it, and we will see you next time.
Author: Zhao Huagang