Real Scholar System
Chapter 59 The Turtle Trading System
"Wu Dazhuang, stop for me!"
After Fang Moyan finished his evening self-study, he ran to the third class next door, grabbed the collar of his neck, and pulled the thin Wu Dazhuang out.
"Damn, old Fang, just lighten up, I can't breathe."
Fang Moyan pushed him to the ground: "What are you worried about? Why are you spreading rumors about Yuan Lanxi?"
"It's not a rumor, you can't even tell the truth? Old Fang, did you take the wrong medicine? You are not related to her, so why do you want to stand up for her? Oh...hehe, do you like her?"
"Nonsense! She is the god of learning in our fourth class, so it's your turn to talk behind your back in class three?!"
"Haha, Lao Fang, Fang Moyan, are you afraid that I won't give you the 100 yuan? Don't worry, she will definitely go to the appointment tomorrow, 5 yuan for the franchise fee, and 2 yuan for the Qingbei exam. Just change the college entrance examination and earn 7 yuan for nothing, such a good thing is hard to find with a lantern."
"How to choose is her business, you can't add to the flames."
"Ah, ah, Lao Fang, don't get excited, it's because she hasn't left yet. Anyway, as long as she goes to Wufulou to talk to Mr. Kirk, whether she succeeds or not, it has nothing to do with us. If she doesn't want to go, Mr. Kirk can't tie her away either."
Fang Moyan thought for a while, and it was true, if Yuan Lanxi didn't want to do something, no matter how much pressure you put on her, she would probably ignore the rumors in the school.
He patted Wu Dazhuang's cheek lightly: "For the sake of the same examination room, I don't care about you this time."
Turn away.
Wu Dazhuang watched him walk away, and said bitterly: "Hey, why are you pretending to be so forceful, I'm just a scumbag like me! I have to go home to farm sooner or later."
Fang Moyan has long since stopped treating himself as a scumbag. Now that he looks at himself in the mirror, he is a proper student bully.
The long-term subconscious brainwashing has brought back his self-confidence, and his mentality has become more peaceful.
On the way back to the dormitory, he opened the futures market software that he habitually opened. He didn't expect much at first. Anyway, he opened a position once a day with a stop loss of [-]. Making money depends on luck, and there is a limit to losing money, so there is no pressure.
It's just that today's market is not broken?
Cotton prices pulled into a straight line.
Depend on!
Opening closed daily limit? !
Look at my two-handed long order again, and I made a profit of 41500 yuan!
Are you blind?
It must be the news of the reduction in cotton production, otherwise the daily limit would not be raised suddenly.
He immediately opened the industry information. The latest one was released three days ago, and there was no news about the reduction in cotton production.
The news didn't break out, why did it go up?
He was puzzled.
"Yi yohan, you kid is really lucky, you have already made almost [-] yuan in a row, right?"
"Master, are you here? What have you been up to these days?"
"As a researcher, I've been busy these days, and I didn't find you. Why would you think of opening a long order for cotton?"
"It's like this. During the holidays, I heard that the fellows who harvested cotton in Xinjiang had greatly reduced production this year, but someone above suppressed the news."
"Hmph, of course he has to suppress it, or the several hundred million empty bills in that guy's hand will make him bankrupt."
"Who is he?"
"...You don't need to know. The performance is very good this time, and the capital has successfully become five times. As a reward, you will get a trading system."
"What system? Is it also in the money donation system?"
"no!"
"Are you stupid from reading books? The trading system is the materialization of trading techniques. Through systematic analysis, a set of codes of conduct can be found from the ever-changing market. This is a must for every trader."
"Oh." Fang Moyan didn't understand. He originally wanted to learn some trading techniques, but was stopped by Zhang Bao, so he didn't understand this kind of knowledge that should be common sense.
"This is the turtle trading system, which is relatively simple and fool-like. It was a bet made by the famous speculator Richard and his friends, that is, whether traders can be cultivated, whether they are born or acquired. As a result, Richard Chad won, and he trained ten traders through a mechanized trading rule, and these people later achieved an annualized rate of return of 80%."
"Speaking of which, this Richard is my senior. I also think that academic masters can also be cultivated, so can rich men and athletes. In short, if I want, I can cultivate all kinds of talents. "
"Of course, the exception is that the mud cannot support the wall."
"I only train people who really want to change their lives."
Zhang Bao sighed for a while, his system training plan, a total of five, of which the 1st, 2nd, 3rd, and 5th experimental goals have all failed.
Fang Moyan became his only hope.
His own success rate is far worse than that of Richard.
Of course, what I want to train is a comprehensive talent, which is much more difficult than training a trader.
"This is the turtle trading rule, you have to read it first."
Fang Moyan saw the turtle trading rules sent by Zhang Bao, and with his current photographic memory, he could memorize them firmly in half a minute, but it takes long-term training to understand and apply them.
"Why is it called that name?"
"That Mr. Richard said that growing a trader is like growing a turtle on a beach, hence the name."
"Of course, this set of trading rules is not completely flawless."
"Remember, there are no perfect trading rules, only suitable trading rules."
"You should do your research first."
Only then did Fang Moyan carefully compare the playing methods of the Turtle Trading Rules.
This is a method that is especially suitable for large-scale trend trading. In a market with a clear trend, the 20-day price moving average is used as a buying and selling signal, and according to changes in total funds,
There is another feature, the dynamic moving stop loss line, which is obviously much more flexible than the stop loss of 100 yuan.
But this trading rule does not apply to volatile market conditions.
There is a paradox here. Before the market is over, no one knows whether it is a shocking trend or a trending trend. From the daily line, it may be a shocking trend, but on the 15-minute line, it becomes a trending trend again.
Therefore, there is also some gambling.
Fang Moyan combined the news he knew about cotton, and he was willing to take a bet.
"If you want to use the new trading rules, close your positions first and wait and see."
"Oh."
Since it is the master's suggestion, of course it must be followed.He immediately closed the position, and his pocket was safe, and the profit was completely obtained.
I don't know what this market means, but less than 10 minutes after he closed his position, the market began to plunge, falling from the daily limit all the way to the lower limit.
Fang Moyan broke out in a cold sweat, and because of this, he respected the master even more.
That's why the apprentice is the one who can buy, and the master is the one who can sell. He doesn't believe that Zhang Bao asked him to close the position just casually.
After Fang Moyan finished his evening self-study, he ran to the third class next door, grabbed the collar of his neck, and pulled the thin Wu Dazhuang out.
"Damn, old Fang, just lighten up, I can't breathe."
Fang Moyan pushed him to the ground: "What are you worried about? Why are you spreading rumors about Yuan Lanxi?"
"It's not a rumor, you can't even tell the truth? Old Fang, did you take the wrong medicine? You are not related to her, so why do you want to stand up for her? Oh...hehe, do you like her?"
"Nonsense! She is the god of learning in our fourth class, so it's your turn to talk behind your back in class three?!"
"Haha, Lao Fang, Fang Moyan, are you afraid that I won't give you the 100 yuan? Don't worry, she will definitely go to the appointment tomorrow, 5 yuan for the franchise fee, and 2 yuan for the Qingbei exam. Just change the college entrance examination and earn 7 yuan for nothing, such a good thing is hard to find with a lantern."
"How to choose is her business, you can't add to the flames."
"Ah, ah, Lao Fang, don't get excited, it's because she hasn't left yet. Anyway, as long as she goes to Wufulou to talk to Mr. Kirk, whether she succeeds or not, it has nothing to do with us. If she doesn't want to go, Mr. Kirk can't tie her away either."
Fang Moyan thought for a while, and it was true, if Yuan Lanxi didn't want to do something, no matter how much pressure you put on her, she would probably ignore the rumors in the school.
He patted Wu Dazhuang's cheek lightly: "For the sake of the same examination room, I don't care about you this time."
Turn away.
Wu Dazhuang watched him walk away, and said bitterly: "Hey, why are you pretending to be so forceful, I'm just a scumbag like me! I have to go home to farm sooner or later."
Fang Moyan has long since stopped treating himself as a scumbag. Now that he looks at himself in the mirror, he is a proper student bully.
The long-term subconscious brainwashing has brought back his self-confidence, and his mentality has become more peaceful.
On the way back to the dormitory, he opened the futures market software that he habitually opened. He didn't expect much at first. Anyway, he opened a position once a day with a stop loss of [-]. Making money depends on luck, and there is a limit to losing money, so there is no pressure.
It's just that today's market is not broken?
Cotton prices pulled into a straight line.
Depend on!
Opening closed daily limit? !
Look at my two-handed long order again, and I made a profit of 41500 yuan!
Are you blind?
It must be the news of the reduction in cotton production, otherwise the daily limit would not be raised suddenly.
He immediately opened the industry information. The latest one was released three days ago, and there was no news about the reduction in cotton production.
The news didn't break out, why did it go up?
He was puzzled.
"Yi yohan, you kid is really lucky, you have already made almost [-] yuan in a row, right?"
"Master, are you here? What have you been up to these days?"
"As a researcher, I've been busy these days, and I didn't find you. Why would you think of opening a long order for cotton?"
"It's like this. During the holidays, I heard that the fellows who harvested cotton in Xinjiang had greatly reduced production this year, but someone above suppressed the news."
"Hmph, of course he has to suppress it, or the several hundred million empty bills in that guy's hand will make him bankrupt."
"Who is he?"
"...You don't need to know. The performance is very good this time, and the capital has successfully become five times. As a reward, you will get a trading system."
"What system? Is it also in the money donation system?"
"no!"
"Are you stupid from reading books? The trading system is the materialization of trading techniques. Through systematic analysis, a set of codes of conduct can be found from the ever-changing market. This is a must for every trader."
"Oh." Fang Moyan didn't understand. He originally wanted to learn some trading techniques, but was stopped by Zhang Bao, so he didn't understand this kind of knowledge that should be common sense.
"This is the turtle trading system, which is relatively simple and fool-like. It was a bet made by the famous speculator Richard and his friends, that is, whether traders can be cultivated, whether they are born or acquired. As a result, Richard Chad won, and he trained ten traders through a mechanized trading rule, and these people later achieved an annualized rate of return of 80%."
"Speaking of which, this Richard is my senior. I also think that academic masters can also be cultivated, so can rich men and athletes. In short, if I want, I can cultivate all kinds of talents. "
"Of course, the exception is that the mud cannot support the wall."
"I only train people who really want to change their lives."
Zhang Bao sighed for a while, his system training plan, a total of five, of which the 1st, 2nd, 3rd, and 5th experimental goals have all failed.
Fang Moyan became his only hope.
His own success rate is far worse than that of Richard.
Of course, what I want to train is a comprehensive talent, which is much more difficult than training a trader.
"This is the turtle trading rule, you have to read it first."
Fang Moyan saw the turtle trading rules sent by Zhang Bao, and with his current photographic memory, he could memorize them firmly in half a minute, but it takes long-term training to understand and apply them.
"Why is it called that name?"
"That Mr. Richard said that growing a trader is like growing a turtle on a beach, hence the name."
"Of course, this set of trading rules is not completely flawless."
"Remember, there are no perfect trading rules, only suitable trading rules."
"You should do your research first."
Only then did Fang Moyan carefully compare the playing methods of the Turtle Trading Rules.
This is a method that is especially suitable for large-scale trend trading. In a market with a clear trend, the 20-day price moving average is used as a buying and selling signal, and according to changes in total funds,
There is another feature, the dynamic moving stop loss line, which is obviously much more flexible than the stop loss of 100 yuan.
But this trading rule does not apply to volatile market conditions.
There is a paradox here. Before the market is over, no one knows whether it is a shocking trend or a trending trend. From the daily line, it may be a shocking trend, but on the 15-minute line, it becomes a trending trend again.
Therefore, there is also some gambling.
Fang Moyan combined the news he knew about cotton, and he was willing to take a bet.
"If you want to use the new trading rules, close your positions first and wait and see."
"Oh."
Since it is the master's suggestion, of course it must be followed.He immediately closed the position, and his pocket was safe, and the profit was completely obtained.
I don't know what this market means, but less than 10 minutes after he closed his position, the market began to plunge, falling from the daily limit all the way to the lower limit.
Fang Moyan broke out in a cold sweat, and because of this, he respected the master even more.
That's why the apprentice is the one who can buy, and the master is the one who can sell. He doesn't believe that Zhang Bao asked him to close the position just casually.
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