Core Insights - The article highlights the trading strategy of Ge Peng, who achieved second place in the third National Futures (Options) Simulation Trading Competition by relying solely on K-line charts without external tools [1][2]. Group 1: Trading Philosophy - Ge Peng's trading philosophy is summarized as "trend-oriented, with waves as a supplement," emphasizing a focus on market trends [2]. - During a prolonged decline in coking coal prices, Ge Peng made a bold decision to go long at the lowest point, demonstrating confidence in a trend reversal based on his "naked K" analysis [2]. - He maintained his long positions as coking coal prices rose, exiting near the peak, and later capitalized on reverse fluctuations by shorting after the trend ended [2]. Group 2: Risk Management - Ge Peng employs a unique risk control logic, stating that there is no fixed stop-loss ratio; instead, he uses the closing price as a reference [2]. - His trading system focuses on the overall technical shape at market close rather than temporary fluctuations or unrealized losses, allowing him to hold positions if the trend appears to continue [2]. Group 3: Differences Between Simulation and Real Trading - Ge Peng identifies a significant psychological difference between simulated and real trading, noting that real accounts can lead to emotional responses to drawdowns that do not affect simulated trading [3]. - He believes that strategies developed in simulation can be applied to real trading, but the psychological aspect is crucial and cannot be easily replicated [3]. Group 4: Advice for New Traders - Ge Peng advises new traders to start with small capital to experience the market and to use simulation for method validation [3]. - He emphasizes that trading is fundamentally about methodology, and if a trader struggles, it is likely due to incorrect methods, highlighting the importance of self-reflection [3].

Core Insights - The 2025 precious metals market is expected to experience increased volatility due to factors such as geopolitical conflicts, policy shifts, and AI trading, leading traders to pursue "stable profits" [1] - Compliance platforms like Giant Gold Industry are offering MT4 demo accounts to guide ordinary investors from "blind exploration" to "systematic profitability" in spot gold trading [1] Group 1: MT4 Demo Trading Features - New users at Giant Gold Industry receive $200,000 in virtual funds for trading in international spot gold and silver markets, allowing risk-free strategy testing [2] - The demo trading environment shares real-time market data with live trading, ensuring consistency in price, spreads, and slippage rates, thus minimizing cognitive biases [2] - The platform supports 29 technical indicators and various charting tools, enabling traders to analyze market conditions and optimize their trading strategies [2] Group 2: Three-Stage Simulation Training - **Stage 1: Basic Entry (1-2 weeks)** - Focus on mastering trading operations such as placing orders and analyzing charts, with daily trading practice and performance reviews [3] - **Stage 2: Strategy Refinement (3-4 weeks)** - Utilize MT4's strategy testing features to backtest selected investment strategies, analyzing win rates and adjusting parameters for optimization [3] - **Stage 3: Psychological Training (1 month+)** - Establish strict trading rules and maintain a trading journal to assess the impact of emotions on decision-making [3] Group 3: Real Trading Challenges - **Psychological Transition** - Traders may find it easier to profit in demo trading but face fear during real trading losses; starting with a small investment can help mitigate this [4] - **Strategy Adaptation** - Real trading may present challenges such as slippage and unexpected news impacts; traders should adjust their strategies accordingly [4] Group 4: Continuous Improvement - Weekly reviews of real trading performance are essential for evaluating strategies and making necessary adjustments based on discrepancies between demo and real trading [4] - Educational resources provided by regulated trading firms like Giant Gold Industry can enhance traders' understanding and skills in precious metals trading [4]

Core Viewpoint - The article discusses the importance of choosing and utilizing flexible financing and spot trading for novice investors, highlighting their characteristics, risks, and applicable scenarios while providing practical investment advice. Group 1: Flexible Financing - Flexible financing (such as margin trading) allows investors to amplify their investment scale by borrowing funds, leading to higher returns in a rising market [2] - The leverage effect can also magnify losses in a declining market, making it crucial for novice investors to start with low financing ratios (e.g., 1:1 or 1:2) to avoid liquidation risks [5] - Flexible financing is more suitable for short-term trading due to higher interest costs associated with long-term holding [5] Group 2: Spot Trading - Spot trading involves using personal funds to buy and sell securities without leverage, making it a safer option for beginners [4] - It helps novice investors develop trading habits, such as stop-loss and position management, while ensuring that losses are limited to the invested capital [6] - Spot trading is more aligned with long-term investment strategies, such as dollar-cost averaging or value investing, minimizing the impact of short-term market fluctuations [6] Group 3: Practical Investment Advice - New investors are advised to start with spot trading to build a solid foundation before exploring financing options [6] - Diversification is essential regardless of the chosen investment method to reduce the risk associated with any single asset [6] - Setting strict trading disciplines, such as predetermined stop-loss points, can help avoid emotional trading [6] - Continuous learning about market dynamics and technical analysis is vital for improving investment decision-making skills [6]