In recent years, Yin Xiangfeng participated in ten stock index-related simulation competitions, with the highest income and won the championship and runner-up for many times. He has in-depth research on stock index futures, is good at intraday short-term trading, and can get higher returns on the basis of overcoming the large price difference.
On February 20 1 0/day, the "National Stock Index Futures Simulation League" started, winning the first prize of 500,000 yuan, which attracted investors. According to the data disclosed on February 5, there are about 70,000 players.
However, the specific rate of return data related to the competition was suspended within a week or so, and only the rate of return ranking was updated. On February 26th, China Financial Futures Exchange (hereinafter referred to as "CICC") issued a special document, requiring member companies "not to conduct simulated trading competitions by setting material rewards".
Yin Xiangfeng is the first person named after Yin in this contest. Yin Xiangfeng told reporters that its virtual income has now reached about 654.38+0.9 billion yuan. Compared with the original virtual capital of 6,543,800 yuan, it gained more than 654.38+0.90 times of shocking income.
In fact, Yin Xiangfeng has frequently won prizes in the stock index futures competition of about 10 since the simulation trading of Shanghai and Shenzhen 300 stock index futures began on October 30, 2006.
In 2008, China Merchants Bank held the "Golden Sailing Award" simulated trading competition. The initial virtual capital is 5 million yuan. However, during the nine-week race, Bai Yang ranked first with 29,962.93% revenue, and Yin Xiangfeng ranked second with 2404 1.39% revenue.
In the "Bank of Communications-Xinhu Cup National Futures Investment Simulation Competition", Yin Xiangfeng became the champion with the income of 10037%. Moreover, his main operating varieties are stock index futures and copper, mainly short-term heavy positions, basically leaving no overnight orders, and the accuracy is extremely high. Competitors in this competition 1, 5 1, the profit exceeds 1%.
Yin Xiangfeng is the longest trader in this futures index simulation circle. In the past three years, he has spent all his energy on the simulated trading of stock index futures and the research on the trend of Shanghai and Shenzhen 300 indexes. Some people say that he is a futures idiot. Of course, it is this obsession that sometimes leads to a 70% yield a day.
Yin Xiangfeng admits that he makes about 60 to 70 round-trip opening and closing transactions every day, and Man Cang accounts for 70%-80% of the transactions. Its profit is mainly in three aspects: first, the risk-free arbitrage of the price difference, for example, 3300 points is a selling order, from the bottom, it is 3290 points, and the price difference is 10 points. After the spread exceeds the cost of the spread, you can boldly make a two-way order, which is a bit like the game of grabbing a hat on Wall Street in the west; The second is the band profit model; The third is the trend trading of the Shanghai and Shenzhen 300 Index.
The first investor who dares to publish the firm account number continuously on China Futures Online.