Trading Core (交易内核)

The fundamental methodology and mindset framework for systematic trading, as articulated by zhang-junming.

Core Components

1. Judgment (判断) — the foundational skill
2. Build databases and information repositories
3. Map industry chains using fishbone diagrams
4. Collect and analyze key factor data

5. Use AI/LLMs for qualitative analysis

6. Strategy Formulation — from whole to parts

7. Allocate capital across products based on strength assessment
8. Strong products get more allocation, weak products get less

9. Focus on profit/loss ratio for positive-sum trading cycles

10. Risk Management

11. stop-loss-strategy — strict, non-negotiable execution

12. Take-profit — flexible based on capital size and market judgment

13. Emotional Control

14. No trading when drinking or emotionally unstable
15. Build a personalized system matching your personality
16. Execute the system strictly

参考资料

• trading-core-20260313
• zhang-junming
• kelly-criterion