Core Insights - The article highlights the journey of a seasoned investor, "金凤凰四点," who achieved a total return of 51.76% in a trading competition, showcasing the dual nature of the capital market as both cruel and captivating [1][2]. Group 1: Investor's Strategy and Performance - The investor started with a small capital and recorded an impressive single-day return of 20.80%, maintaining a 100% win rate since June 23 [1]. - After experiencing a significant loss due to leveraging and a short-term mindset, the investor spent a year analyzing mistakes and developed a revised arbitrage strategy, which includes a -3% unconditional stop-loss and an 8% ordinary take-profit [2]. - The investor's strategy focuses on capturing market trends in sectors like military, gaming, film, and restructuring, emphasizing the importance of volume and price dynamics [2]. Group 2: Market Insights and Lessons - The investor advocates for risk management, stating that learning to control risks should not wait until a significant loss occurs, and views the competition as an excellent testing ground [2]. - The investor's performance metrics include a weekly return of 49.32% and a monthly return of 5.46%, with a maximum drawdown consistently maintained at 0, underscoring the significance of risk control [2]. - The investor's story serves as an inspirational example for both seasoned traders and newcomers, emphasizing the importance of resilience and strategy adaptation in the face of market challenges [3]. Group 3: Competition Results - As of July 2, 2025, the top performers in the trading competition include "小西瓜" with a return of 67.22% and "金凤凰四点" with a return of 51.76%, showcasing a competitive environment [4]. - The competition results reflect a diverse range of performance, with varying win rates and total assets among participants, indicating different trading strategies and risk appetites [4].