Trader Eric's Investment Strategy Sharing

Eric is a day trader for a proprietary fund in the US stock market and currently runs his "Million Trader" community. His trading strategies mainly include the following points:

1. Capital allocation:

• Most of the funds are invested in spot.
• Part of the funds is used for stable returns in the exchange.
• Some funds remain in cash.

2. Trading Logic: A Combination of Short-term + Trend + Dollar-Cost Averaging

3. Trading Experience:

• Before August 2022: Pure short-term trading, daily target profit of 700-1000 USD
• After August 2022: Gradually transition to swing and trend trading, and incorporate dollar-cost averaging.

4. Technical Analysis Viewpoint:

• K-line is merely a representation of price and cannot reflect institutional costs, etc.
• The main force is a collection of wisdom, not corresponding to a specific person.
• Technical analysis has its limits; it is impossible to determine the cost of the big player, etc.

5. Newbie Advice:

• Set financial and time limits, such as 2-3 years
• Learn different strategies and methodologies
• Make 100 trades and review them
• Build a basic framework using moving averages

6. Risk Control:

• Always maintain a reverence for the market
• Don't think you can beat the market
• Put risk control first

Eric emphasizes that trading requires continuous learning and practice, and there is no quick-fix method. One must view technical analysis objectively, build their own trading system, and maintain a sense of reverence for the market.