Core Insights - The 19th National Futures (Options) Real Trading Competition and the 12th Global Derivatives Real Trading Competition award ceremony took place in Xi'an on November 15, highlighting the importance of derivatives trading in uncertain markets [1] - Xie Ming, General Manager of Heiniu Asset Management, emphasized the need for a "empty cup" mindset, continuous learning, and a strategy of following market trends while being adaptable and unafraid of challenges during his speech [1][3] Company Overview - Heiniu Asset is a private fund manager focused on quantitative investment with a specialty in financial derivatives [3] - The company's development philosophy includes deep learning, self-iteration, strict risk control, and a focus on long-term value [3] - The core team at Heiniu Asset has over 10 years of investment experience in professional fields and boasts a track record of stable real trading performance [3] Investment Strategies - Heiniu Asset employs various strategies including options arbitrage, options index enhancement, subjective CTA strategies, and volatility balancing strategies [3] - Xie Ming outlined that the "spear" of derivatives investment involves using quantitative programs, capturing market opportunities, leveraging effects, and accumulating small victories to achieve larger successes [3] - The "shield" of derivatives investment focuses on anticipating failures before victories, utilizing futures and options effectively, integrating diverse strategies, and undertaking challenging yet correct actions [3]