The initial capital is 6 million, the price rises from 16600 to 32000, and the maximum position is 30000 lots; He keeps adding positions with floating surplus; Earn 220 times; The cotton market was very cooperative at that time. As long as the callback is slightly larger, the result of this transaction may be rewritten;

We know that even if we buy 30,000 lots of cotton at the lowest price 16600, the security deposit will need16600 * 5 * 30,000 * 0.05, which is about 654,380+300 million (the initial principal is only 6 million). Therefore, he must constantly add positions to fight against the pyramid with floating profits, so it is very dangerous to earn little if the market does not cooperate; He said that his gambling nature can be seen; Moreover, he also admitted that he once lost 60% in this transaction; Looking back, in fact, this rising market with basically no callback can lose so much, which also shows that his trading method is very risky; But we can't deny that he succeeded; Nor can we deny the probability of success of this transaction before we know the result; Just because something doesn't happen doesn't mean that its probability is zero.