Core Insights - The article highlights the impressive performance of "Chun Chun" in a trading competition, achieving third place in the lightweight group and fourth in the options group [1] - "Chun Chun" attributes his success to a strategic focus on lithium carbonate options during a price uptrend, resulting in significant profits from an initial capital of 28,000 yuan to over 6 million yuan [2] Group 1: Trading Strategy and Performance - The key to "Chun Chun's" success was heavy investment in bullish options for lithium carbonate, driven by factors such as low price levels, rising electric vehicle sales, and new regulatory changes [2] - Despite a high profit of 8.33 million yuan at one point, "Chun Chun" ended the competition with a profit of 4.88 million yuan, indicating the challenges of maintaining profitability in trading [3] - "Chun Chun" learned from past trading failures, particularly in 2021, which shaped his current approach to follow market trends rather than relying on cost-based pricing [3] Group 2: Trading Philosophy and Future Plans - "Chun Chun" emphasizes the importance of the trading process over the results, viewing the market as an interesting entity [4] - He employs a specific position management strategy called "721," which allocates 70% to in-the-money options, 20% to slightly out-of-the-money options, and 10% to deep out-of-the-money options [4] - The trader recognizes the emotional aspect of the market and advocates for a calm approach to trading, aiming to improve his methods through quantitative techniques [4] - "Chun Chun" is considering a full-time commitment to trading, viewing it as a journey of self-discovery and personal improvement rather than merely a means to conquer the market [4]