A trading system with drawdowns this large and this kind of return isn’t a good one. Of the top traders whose live trading records I can currently see, the only one is bit Langlang: top-notch risk management, patiently trading for two years, completing 5,600 trades and reaching 10,000x, without any major drawdowns along the way.
Although the market is harder to trade now than it was over two years ago, his risk management and trading philosophy are still worth learning from!
In one of his video recaps shared with his small group, he was discussing position sizing and risk management, as well as the importance of keeping the amount wagered consistent each time. One group member asked him, “Then wasn’t Liang Xi going all-in every time?”
bit Langlang said: “Did Liang Xi end up making money? Who hasn’t had a time when they went all-in and made 300 or 400 times their money?”
Although the market is harder to trade now than it was over two years ago, his risk management and trading philosophy are still worth learning from!
In one of his video recaps shared with his small group, he was discussing position sizing and risk management, as well as the importance of keeping the amount wagered consistent each time. One group member asked him, “Then wasn’t Liang Xi going all-in every time?”
bit Langlang said: “Did Liang Xi end up making money? Who hasn’t had a time when they went all-in and made 300 or 400 times their money?”
