Everyone's profit cycle will have a time limit. A good person may win money for a longer time. After several years or even more than ten years of compound interest, his assets will become very huge. Some people are less talented, and the time to maintain profitability is shorter, maybe several months, maybe only a few days, or even shorter. But without exception, everyone will eventually lose everything. Money in the futures market only circulates in different hands. This is because everyone will eventually lose everything in order to maintain the overall balance. Just like everyone is going to die, so that the world can keep balance. If someone can live forever, there will be no new life in the world. Some people seem to be making steady profits and winning money for several years in a row. That may be because they happen to be in a long profit period, but they are not really making steady profits. Now they are profitable only because the probability of losing money has not yet appeared.
Futures have leverage of 10 times. If there is a stable profit, according to the profit standard of stocks, the average monthly profit is 3%. This requirement is not high, but it is 30% in futures. Futures can be long or short, and the theoretical value of profit can be higher. In fact, many people have a record of earning more than 30% or even doubling in a single month.
According to the monthly compound interest rate of 30%, it is 23 times a year, and it will reach 12646 times after three years. He will earn all the money in the world in less than five years. In other words, there are probably more than one million people speculating in futures in China. Suppose that only one thousandth of them have achieved a stable profit, that is, 1000 people, with an average monthly profit of 10%, and soon all the money was won by them. As a result, we still have to kill each other and cannot achieve stable profits.
In fact, there are many highly leveraged financial markets in the world. In the speculative market in the United States for hundreds of years, no one has ever been able to make a stable profit for decades, and it is rare to see it last for several years. Livermore, recognized as one of the greatest traders, reached about one thousandth of the GDP of the United States when his capital was the largest, and then began to decline. According to the above logic, the seemingly stable profit is actually a stable profit for a period of time, and it is impossible to achieve long-term stable profit.