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  • The Trader Who Made 6,200% on China Stocks Has Some Advice For Investors

    From bloomberg.com

    Huang Weimin, the hedge fund manager whose Chinese stock-index futures wagers returned more than 6,200 percent last year, has some advice for investors in 2016: Sell your shares now, before it’s too late. The 45-year-old former worker at a state-owned company, a virtual unknown until last year, has become a star of the Chinese futures market after timely bets on the direction of share prices propelled his Yourong Fund to the top of the country’s performance rankings. He’s carried the winning streak into 2016, returning 35 percent through Jan. 22 after selling stock-index futures just days before the market’s ... (full story)

  •  Guest
  • | IP XXX.XXX.183.101
You guys are quoting an article about a trader with 15 million US under management AFTER 6200% gains.......How much did he start out with before he got lucky.............omg.....like he really knows what he is talking about
  •  Guest
  • | IP XXX.XXX.76.207
So what if he started with only ~$200K. He still made ~62 times his money - whether it was luck or skill I'll pay attention to him for now.
soon he will b next invited to govt agency for a cuppa of latte . to hedge.
I have made much more than 6,200% on a forex demo contest account within a month. It is no big deal!
Yep that's the way to do it !
  •  Guest
  • | IP XX.XXX.180.201
Quoting piple
I have made much more than 6,200% on a forex demo contest account within a month. It is no big deal!
Lol! Demo doesn't count. How much you make on real account
  •  Guest
  • | IP XXX.XXX.241.68
it is easy to make money on a demo. You wait to get into the real world and see how easy it is no to close losing positions when you are losing!.

It takes some real guts to trade!. Simple. If this guy can do it for the next 3 years, then i will give it to him
Quoting Guest
So what if he started with only ~$200K. He still made ~62 times his money - whether it was luck or skill I'll pay attention to him for now.
No. On a risk adjusted basis this guy won a lottery ticket. Viewing lottery winners as "smart" is infantile.
Quoting Zer0sum
No. On a risk adjusted basis this guy won a lottery ticket. Viewing lottery winners as "smart" is infantile.
straigt to the point
Quoting Zer0sum
No. On a risk adjusted basis this guy won a lottery ticket. Viewing lottery winners as "smart" is infantile.
couldn't have said it better myself
All posts are my personal opinion
Quoting Guest
Lol! Demo doesn't count. How much you make on real account


Just as much, if not more , though with a much smaller deposit.
  •  Guest
  • | IP XXX.XXX.76.207
Quoting Zer0sum
No. On a risk adjusted basis this guy won a lottery ticket. Viewing lottery winners as "smart" is infantile.
The thing is to pay attention to him for "now." If it ends up being mere luck then he'll be dismissed. I'm not saying drop everything and focus on him. There is no way to tell if it was skill or luck. The mkt is very predictable even though it does not appear so. Thus, my insisting that one still needs to verify if this is luck or he actually saw it coming and positioned himself for it.
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  •  Guest
  • | IP XX.XXX.94.18
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  • Story Stats
  • Posted: Jan 26, 2016 6:59am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 12  /  Views: 5,173