Speculation is always on the front line of life and death

Chatting with a colleague. He previously traded at an investment company. He is a senior futures trader. He is responsible for futures speculation, and his trading capital is at the level of 10 million.

The 15-year stock crisis caused huge losses in the stock index, including my own account. A child was about to be born at the time, because I had lost money a few times before, and after many ideological struggles, I decided to quit and stabilize for a few years.

He said that he is a grassroots player. Unlike those academics, he mainly plays unilaterally, doesn't do arbitrage, makes mistakes, and loses every time he makes a mistake. The huge loss in the stock index back then was just a moment.

futures instantly burnt out, and many traders directly buried the policy at noon. He laments how useful is ten years of experience

Risk control is of no use at all.

He admits that for a player who has just made a huge loss, it is also at the saddest time for most investment companies due to stock index position restrictions, so it's too difficult to find a job.

“A lot of people just saw the trader scene, but most of them didn't have any good results. The base salary for traders is not high; they mainly rely on commissions.” He had a friend who used to be in Jiusan Oil and Fat. In 2006, the soybean market earned less than 100 million dollars. He was very upset. He became brother and brother with the investment industry bosses Xu Wangguan, Ge Weidong, and Chang Muping, and bought a house directly in Bayuquan and Harbin. As a result, while working as a colleague with him in Yihua, Hubei, he continued to explode numerous warehouses and was also heavily indebted. All of a sudden, he became notorious. However, they didn't sell the house even though it was alive and well. But Beijing can't wait any longer; now it earns a living by fortune-telling in Northeast China.

Another buddy directly mentioned a Tesla worth over 700,000 when he got his 14-year bonus. It went viral with him in '15, and Tesla sold and paid off its debts. In contrast, he's pretty bland.

“Futures is just like that. Other people's lives may have ups and downs once or twice, but it takes many times to make futures. In her ten-year dream, Aozawa said “wandering alone between heaven and hell”. It's no exaggeration at all. I experienced it several times. I earned 550% in a week, earned 20 times in 2 months, and completely lost money within a very short period of time.” He lit a cigarette and continued.

“Therefore, people who trade futures or foreign exchange are very nervous. They rarely feel pain or excitement; most of them do.”