One of my college classmates told me on May 15th when the Shanghai Composite Index was over 3100 that he had quit his job and was copying A-shares full-time!
He also said at the time that there was no turning back. He hoped to get an annualized return of 15% through his own short-term trading. He hoped that the Sharpe rate could reach 1.2. Now everyone knows that the Sharpe ratio is negative. He also said that TM is a chosen one.
Stupid people don’t have much money, and the society is sad.
The A-share market has fallen by more than 10%, and his tricky operation is estimated to lose 20%. He lost a year’s salary.
Isn’t this TM 200u Start 2.0? The common point between the two is that they only do long in one direction.
