1、What is the Fiat Ali Quadratic Strategy (1) Introduction Fei Ari is a Japanese trader who mainly focuses on intraday subjective trading of commodity futures. In 2001, Japan held the ROBBINS-TAICOM futures championship contest, which lasted for six months in total. From the first week, a gentleman named Fairy came in first place, and then progressed well, increasing his returns, and as a result, he did not give up his first place once, creating an impressive 1098% and winning the competition, and then winning it again in the next two years with 709% and 1131%. After that, Fairey and the runner-up of the competition, Michitaka Charitani, co-authored a book - "The 1000% Man - The Miracle Trading Method of Futures Champions", because this book is written in the form of a diary, so you can hardly see Fairey's summary of trading theory and trading The method. Unless you study each of his trades and the graphs that accompany them, and then refine his method based on his words. But due to the Japanese writing style and some translation issues, this is also difficult to do. Although it is only a partial imitation from the external form plus your own understanding, it does not represent the full essence of Fairey's trading, but at least it can help us to expand our ideas when building our strategies. (2) Principle The four Fiat Ali prices refer to: yesterday's high, yesterday's low, yesterday's close, and today's opening four prices. From the trading notes in the book, Fairey does not use any analytical tools, but applies heavily the concept of resistance and spillover lines, which is usually what we call resistance and support lines.

• Resistance line = yesterday's high

• Support line = yesterday's low price (3) Strategy logic. Step 1: Get the four data of yesterday's high, low, close and open prices. Step 2: Calculate the upper and lower rails. When the price penetrates the upper rail, buy to open a position; when the price penetrates the lower rail, sell to open a position. Step 3: Close the position on the same day. The calculation of the upper and lower rails of the four Fairey prices is very simple. Yesterday's high is the upper rail, and yesterday's low is the lower rail. When the price breaks the upper rail, buy to open a position; when the price breaks the lower rail, sell to open a position. For the definition of resistance and support lines, he used yesterday's high and yesterday's low, which can be considered as yesterday's price fluctuation range, which also means that the long or short will only effectively break through the resistance and support lines when there is enough strength. And once there is a breakthrough of this range of fluctuations, it means that there is more momentum behind the price and the probability that the subsequent trend may move along the line of least resistance is higher.

• Long position opening: price breaks through the resistance line

• Short position opening: price breaks through the support line If the opening price is between a resistance line and a support line, a long position is opened when the price breaks up through the resistance line and a short position is opened when the price breaks down through the support line. If all goes well, the position is held until the close. The advantage of doing this is that it meets the sufficient non-essential conditions, that is, the breakthrough is not necessarily up / down, but up / down will definitely break through, that is, always guard the market must happen to wait for the opportunity to move, because once the larger market rises and falls, is bound to break through the resistance and support lines. Of course, this is also the highest error rate method, because many times the price is only a temporary breakthrough of the key position, if rashly open positions may face the risk of price reversal movement at any time. This is when it is necessary to set some filters to limit the problem of opening and closing positions back and forth caused by false breakouts. Also try to avoid K lines below the 5-minute cycle with too chaotic fluctuations in the trading cycle. But after opening a position, it's fine if you make a profit, but if you encounter a loss, you can't just accumulate small losses to big losses and close the position at the end of the day, which is obviously unreasonable. So we have two ways to deal with closing positions: closing and stop-loss closing. If the K-line breaks the high or breaks the low and then returns to the original range, you should consider a stop loss.

• Long close: 5 minutes before the close or reach the long stop line

• Short position closing: 5 minutes before the close or reach the short stop line In fact Fairey in the subjective trading, there are many trading methods, including: after the opening of the first up and then down, down below the opening price to do short, stop loss is set at the highest point of the previous rise; after the opening of the first down and then up, break the opening price to do more, stop loss is set at the lowest point of the previous fall. The ability to move friends can add or change in their own strategy. Here you will find that for a day of price action, the closing price relative to the opening price of the rise and fall, the probability of close to 50%. Fairey's trading method is invincible in terms of win rate, plus the market is smooth when it has been holding positions until the close, and timely stop loss when the market does not meet their expectations. The positive trading method of cutting off losses and letting profits run is the reason for the accumulation of profits from long-term trading. 2, speculation coin quantitative trading in addition to rely on scientific strategies, but also find ways to save money. One of the easiest ways to do this is to enjoy the discounted trading fees. Although the handling fee is small, it must not be ignored. I once calculated that as long as the transaction is frequent and the transaction time is long, the accumulation of a small amount will become a lot, the fee expense may exceed 10000 U. Next I will introduce several common methods to reduce the fee of large trading platforms. (1) Reduce Binance's fees Binance is currently the world's largest digital currency exchange, you must sign up for Binance if you speculate in coins. The transaction fee will be deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at 3,452.55USDT per share. Transaction fee = 10Ethereum0.1%=0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1%=34.5255USDT What many people don't know is that Binance transaction fees can also be reduced. If you want to reduce Binance transaction fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC

• (2) Reducing OKX fees OKX is a professional digital currency trading platform that is loved by many users, and its trading fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: general and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset volume. The different levels determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level among them. The first method: OKX official set the maximum saving percentage is 20%. Use the following link to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH The second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage.

• (3) reduce FTX fees FTX is currently growing very quickly, the contract players more exchanges, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692

• 3, trading road is long, together to move forward Want to learn more about ways to reduce the commission? telegram: btcethcool We have set up a community to study trading, add telegram friends to pull you into the community.

1、What is the Fiat Ali Quadratic Strategy (1) Introduction Fei Ari is a Japanese trader who mainly focuses on intraday subjective trading of commodity futures. In 2001, Japan held the ROBBINS-TAICOM futures championship contest, which lasted for six months in total. From the first week, a gentleman named Fairy came in first place, and then progressed well, increasing his returns, and as a result, he did not give up his first place once, creating an impressive 1098% and winning the competition, and then winning it again in the next two years with 709% and 1131%. After that, Fairey and the runner-up of the competition, Michitaka Charitani, co-authored a book - "The 1000% Man - The Miracle Trading Method of Futures Champions", because this book is written in the form of a diary, so you can hardly see Fairey's summary of trading theory and trading The method. Unless you study each of his trades and the graphs that accompany them, and then refine his method based on his words. But due to the Japanese writing style and some translation issues, this is also difficult to do. Although it is only a partial imitation from the external form plus your own understanding, it does not represent the full essence of Fairey's trading, but at least it can help us to expand our ideas when building our strategies. (2) Principle The four Fiat Ali prices refer to: yesterday's high, yesterday's low, yesterday's close, and today's opening four prices. From the trading notes in the book, Fairey does not use any analytical tools, but applies heavily the concept of resistance and spillover lines, which is usually what we call resistance and support lines.

• Resistance line = yesterday's high

• Support line = yesterday's low price (3) Strategy logic. Step 1: Get the four data of yesterday's high, low, close and open prices. Step 2: Calculate the upper and lower rails. When the price penetrates the upper rail, buy to open a position; when the price penetrates the lower rail, sell to open a position. Step 3: Close the position on the same day. The calculation of the upper and lower rails of the four Fairey prices is very simple. Yesterday's high is the upper rail, and yesterday's low is the lower rail. When the price breaks the upper rail, buy to open a position; when the price breaks the lower rail, sell to open a position. For the definition of resistance and support lines, he used yesterday's high and yesterday's low, which can be considered as yesterday's price fluctuation range, which also means that the long or short will only effectively break through the resistance and support lines when there is enough strength. And once there is a breakthrough of this range of fluctuations, it means that there is more momentum behind the price and the probability that the subsequent trend may move along the line of least resistance is higher.

• Long position opening: price breaks through the resistance line

• Short position opening: price breaks through the support line If the opening price is between a resistance line and a support line, a long position is opened when the price breaks up through the resistance line and a short position is opened when the price breaks down through the support line. If all goes well, the position is held until the close. The advantage of doing this is that it meets the sufficient non-essential conditions, that is, the breakthrough is not necessarily up / down, but up / down will definitely break through, that is, always guard the market must happen to wait for the opportunity to move, because once the larger market rises and falls, is bound to break through the resistance and support lines. Of course, this is also the highest error rate method, because many times the price is only a temporary breakthrough of the key position, if rashly open positions may face the risk of price reversal movement at any time. This is when it is necessary to set some filters to limit the problem of opening and closing positions back and forth caused by false breakouts. Also try to avoid K lines below the 5-minute cycle with too chaotic fluctuations in the trading cycle. But after opening a position, it's fine if you make a profit, but if you encounter a loss, you can't just accumulate small losses to big losses and close the position at the end of the day, which is obviously unreasonable. So we have two ways to deal with closing positions: closing and stop-loss closing. If the K-line breaks the high or breaks the low and then returns to the original range, you should consider a stop loss.

• Long close: 5 minutes before the close or reach the long stop line

• Short position closing: 5 minutes before the close or reach the short stop line In fact Fairey in the subjective trading, there are many trading methods, including: after the opening of the first up and then down, down below the opening price to do short, stop loss is set at the highest point of the previous rise; after the opening of the first down and then up, break the opening price to do more, stop loss is set at the lowest point of the previous fall. The ability to move friends can add or change in their own strategy. Here you will find that for a day of price action, the closing price relative to the opening price of the rise and fall, the probability of close to 50%. Fairey's trading method is invincible in terms of win rate, plus the market is smooth when it has been holding positions until the close, and timely stop loss when the market does not meet their expectations. The positive trading method of cutting off losses and letting profits run is the reason for the accumulation of profits from long-term trading. 2, speculation coin quantitative trading in addition to rely on scientific strategies, but also find ways to save money. One of the easiest ways to do this is to enjoy the discounted trading fees. Although the handling fee is small, it must not be ignored. I once calculated that as long as the transaction is frequent and the transaction time is long, the accumulation of a small amount will become a lot, the fee expense may exceed 10000 U. Next I will introduce several common methods to reduce the fee of large trading platforms. (1) Reduce Binance's fees Binance is currently the world's largest digital currency exchange, you must sign up for Binance if you speculate in coins. The transaction fee will be deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at 3,452.55USDT per share. Transaction fee = 10Ethereum0.1%=0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1%=34.5255USDT What many people don't know is that Binance transaction fees can also be reduced. If you want to reduce Binance transaction fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC

• (2) Reducing OKX fees OKX is a professional digital currency trading platform that is loved by many users, and its trading fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: general and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset volume. The different levels determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level among them. The first method: OKX official set the maximum saving percentage is 20%. Use the following link to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH The second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage.

• (3) reduce FTX fees FTX is currently growing very quickly, the contract players more exchanges, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692

• 3, trading road is long, together to move forward Want to learn more about ways to reduce the commission? telegram: btcethcool We have set up a community to study trading, add telegram friends to pull you into the community.