Kunpeng Project Society is very simple, and it is people who are complex.
The national team is bailing out the market, and Quant is figuring out how to use this opportunity to harvest.
Ningbo Lingjun is only a quantitative private placement, but Lingjun's behavior is by no means a quantitative individual behavior. The latest strategies collected by Shuipi have similar expressions, some are subtle, some are straightforward, which should really be taken seriously.
The national team can't do it blindly and brutally, and you can't just invest real money, otherwise no amount of money is enough for the greed of the market counterparty, and there must be a supporting trading system, such as explicitly prohibiting naked shorting. On the one hand, cancel refinancing, on the other hand, limit the short position of the stock index, cut off the so-called "hedging" opportunity, so that the market can be stable, from empty to long, in order to reverse expectations.
It's just that there are policies at the top and countermeasures at the bottom.
The window guidance requires that the quantification cannot be net sold half an hour after the opening and the first half hour of **, so go long before and short after that. It is very important for the national team to change its tactics in the future, whether it is the SSE 50 ETF or the CSI 300 ETF, the investment should pay attention to timing, after all, the national team has more ** than quantification. If you really want to make a rival handicap, quantification is not enough to clean up. What's more, now everyone is shouting and beating, and they have become the black sheep and the target of everyone.
Quantitative trading has the characteristics of high frequency, large volume, and repetition. In an upward cycle, in a market where incremental funds continue to enter the market, in a trading environment where bulls are long and bears are short, there is naturally a reasonable living space. But even so, in an environment like the United States, the life cycle of a single quantification is often only 5 years, and most of them will eventually be liquidated by the tail effect. This is true of long-term capital, and the same is true of the Nobel Prize genius, and it is repeatedly. This is the law.
The development of quantification in China began in the year, and there has not been a bull and bear cycle, of course, it is also difficult to escape the law. The convergence of quantitative private equity strategies - holding micro-cap stocks and artificially manipulating to create volatility has actually formed a "banker mode". In 2021, it briefly contributed to liquidity, when the turnover of the two cities has been around 1 trillion, and the highest has reached 17 trillion, but after the scale was enlarged, it began to alienate, and in the past three years, it has formed the so-called "finger increase" that is completely opposite to **
Micro-cap stocks shine in the first cycle, rising for three consecutive years, the quantitative means is to long micro-cap stocks, do the air 500 and CSI 1000, and the entry of the national team, especially the unremitting efforts of the CSI 500 ETF and CSI 1000 ETF, has broken the negative cycle and disrupted the quantitative strategy. The collapse of micro-cap stocks has amplified the leverage of DMA, and quantitative zeroing has been overnight.
Quant is an alien species, a typical derivative, and the scale of 2 trillion is a very large existence for the a** field. Constraints, clean-ups, and norms may temporarily sacrifice some liquidity volumes, but they can purify space, stabilize expectations, and guide long-term investment. There are so many fish in the market, the bigger the wind and waves, the bigger the fish, and the frequent harvest is to fish with all the water. Another image, in this market, ** is fishing, institutions are net fish, and quantification is fried fish, doing the work of cutting off children and grandchildren.
Quantification is the opponent of long-term investment, value investment, and trend investment, and now it has become the opponent of the national team, and self-improvement has become inevitable.
Now you know what's going on with Snowball!
Xueqiu's products do not have SSE 50, CSI 300, only CSI 500 and CSI 1000, and CSI 500 and CSI 1000 are precisely the targets of quantitative shorting. That is to say, from the day of its birth, Xueqiu has gambled on the small probability in the public perception and the inevitable high probability in quantitative design. The knock-in of the snowball is inevitable, which is in line with the interests of the issuer of the brokerage and the interests of quantitative hedging; The pit is the broker's customer, the market's **.
8.28 "** let the bailout evolve into a smashing plate, resulting in the emergence of 2635, it should really be investigated, who did it?