After watching the trading system that used “熬鹰” to go from 100k to 10 million 🤑
Overall, it should be called a “position probability system” (this is the name I summarized for you).
Everyone knows that if your take-profit is infinitely narrow and your stop-loss is infinitely wide, your win rate will be very high. So when you tighten the take-profit, add to positions when you’re in floating loss, and once you’ve become skilled, you can indeed make profit 30 to 40 times and only lose once. But the final loss will wipe out all your principal.
Of course, “熬鹰” also has subjective risk control. When he loses money, he will stop-loss. The trading logic is similar, and he understands this principle too. The problem is: after making those 30+ winning trades, where he can multiply earnings by dozens of times, he withdraws the principal—then the account gets liquidated (blown up).
Of course, sometimes the luck is bad and it all gets wiped out. But if the doubling time points line up well with the profit-withdrawal time points, then it can be profitable.
Overall, that’s the gist of the whole system.
Overall, it should be called a “position probability system” (this is the name I summarized for you).
Everyone knows that if your take-profit is infinitely narrow and your stop-loss is infinitely wide, your win rate will be very high. So when you tighten the take-profit, add to positions when you’re in floating loss, and once you’ve become skilled, you can indeed make profit 30 to 40 times and only lose once. But the final loss will wipe out all your principal.
Of course, “熬鹰” also has subjective risk control. When he loses money, he will stop-loss. The trading logic is similar, and he understands this principle too. The problem is: after making those 30+ winning trades, where he can multiply earnings by dozens of times, he withdraws the principal—then the account gets liquidated (blown up).
Of course, sometimes the luck is bad and it all gets wiped out. But if the doubling time points line up well with the profit-withdrawal time points, then it can be profitable.
Overall, that’s the gist of the whole system.