The Rebirth of the Financial Hegemon
Chapter 47 Sticks and Candy
In He Changtian's heart, he has always been grateful to Zhao Jiangchuan.
The kind that is grateful from the bottom of my heart.
He Changtian's background was not good.
Rural families, no matter how good they are, are not much better.
After graduation, He Changtian was assigned to work in the Bureau of Statistics.
However, due to his shortcomings in character and emotional intelligence, He Changtian has always been unsatisfactory.
Until he entered the original Amphibole Investment.
From that moment on, He Changtian's fate began to change.
He received an income that he had never imagined in the past, and changed his own destiny as well as that of his family.
He kept all this silently in his heart.
With a deeper understanding of trading, He Changtian also increasingly understands the importance of risk control.
Speculation, investment, gambling.
When people lose control, investment can turn into speculation, and speculation can turn into gambling.
These are the exact words Zhao Jiangchuan once said to He Changtian.
At that time, Zhao Jiangchuan asked He Changtian some very puzzling questions.
Do you know what you are doing?
Can you trust yourself?
Finally, Zhao Jiangchuan gave He Changtian the answer.
Many times, people don't actually know what they are doing.
Especially when it comes to speculative trading.
In that terrifying period of profit and loss, under the involuntary greed, people will always forget their original intentions and principles.
Faced with huge profits and losses, people will subconsciously hypnotize themselves to think about the best.
Many times, even if you know it is wrong, you will subconsciously avoid it.
Anyone with extensive trading experience knows this.
The risk of full position operation,
The risk will definitely be higher than within the capital safety risk control line.
But people will still trade with full positions uncontrollably.
Then there was one wrong step and one wrong step after another.
When the risk is greater than the ability to bear, people begin to avoid the strategy they originally set.
Sometimes, you can recognize the mistake and correct it, but sometimes, you may not be willing to admit the mistake, nor may you have the courage to correct it.
At that time.
Zhao Jiangchuan gave the risk control department a principled regulation.
No matter when, the risk control department must use specific risk capabilities as the basis for evaluation.
Based on the evaluation results, the risk control department has the authority to restrict any opening of positions.
This principle is higher than anyone else's.
Including Zhao Jiangchuan, the person who gave the highest order.
People are not machines.
Everyone has greed and fear, as well as emotions and desires.
So people will make mistakes, and people will be irrational sometimes.
Zhao Jiangchuan hoped that when one day he was irrational and issued instructions that were not in line with risk control, He Changtian could stop him in time.
As a person with extensive trading experience.
Zhao Jiangchuan knows only too well how difficult it is to grasp human nature.
Be it Livermore, Gann, or later Robinson, etc.
If there was someone who could interrupt them in time when they made a wrong judgment and made a wrong transaction, then with the ability of these people, they would not end in disgrace in the end.
Repeated successes will inevitably develop a belief in invincibility and arrogance.
But excessive arrogance and arrogance will become a disaster when mistakes cannot be corrected in time.
In order to cultivate his own elite team, Zhao Jiangchuan has good intentions.
He even gave the risk control department the highest authority.
The purpose is to give He Changtian the courage to perform his duties at any time.
From that moment on, He Changtian was like a mechanical version, firmly remembering the rule set by Zhao Jiangchuan.
Even though Zhao Jiangchuan would get angry sometimes, He Changtian would still adhere to the original principled rules whenever he violated his principles.
Only this time, He Changtian didn't know whether he was right or wrong.
Because of his inability to adapt, the company and tens of millions of dollars were lost in vain.
If it were him, he wouldn't know if he could forgive himself.
This has nothing to do with principles.
In the face of such huge wealth, anyone else would probably be furious.
"Ring ring ring..."
The phone is still ringing.
I'm afraid I'm going to get fired this time.
He Changtian smiled bitterly and pressed the call button.
"He Changtian, you idiot, do you know that your idiotic behavior has cost the company tens of millions of dollars in profits..."
The call just came through.
Zhao Jiangchuan's roar came from the receiver.
He Changtian could clearly feel the undisguised anger.
But he didn't argue.
He didn't talk about the original rule, nor did he explain why he did it.
Everyone understands the truth.
But understanding the truth never means being able to do it.
If the truth is the truth, then the truth is not the truth.
In China, when does power and wealth need to be justified?
"You bastard, do you know how short of money the company is right now..."
This scolding lasted for a full five minutes.
I don't know if it was because he was tired of scolding, but Zhao Jiangchuan's voice paused.
He Changtian remained silent.
He is waiting.
Waiting for Zhao Jiangchuan to tell him to fire him.
The company lost so much profit, no matter what reason can explain this final consequence.
But suddenly, Zhao Jiangchuan's tone changed.
"He Changtian, you idiot, bastard...you did a good job."
Good job?
He Changtian was stunned for a moment.
He thought he had heard wrongly.
"Changtian, I'm not wrong about you. You are indeed a person who is born to control risks. This time, you did a good job."
"..."
He Changtian stayed for a long time.
He could clearly feel Zhao Jiangchuan's anger.
But unexpectedly, the furious Zhao Jiangchuan actually praised him for his good job.
The company missed out on tens of millions of dollars, yet he actually praised him for doing a good job.
He Changtian had mixed feelings in his heart.
If it were him, he probably wouldn't just scold people.
No, it will definitely not be just a scolding.
Comparing principles and results.
That's definitely the result that matters more.
How can principles compare to tens of millions of dollars?
He Changtian was silent for a long time.
He said solemnly.
"Boss, don't you blame me?"
Strange?
a little bit.
In fact, this strangeness and anger are all illusions.
Zhao Jiangchuan felt more relieved.
In trading, risk control always comes first.
No matter how good a trader you are, you can make mistakes.
Maybe the position size is wrong, maybe the trade direction is wrong.
Sometimes traders find out, but sometimes traders in the middle of the game have no idea.
At that time, the role of strict risk control can save the disaster.
For Zhao Jiangchuan, transactions in the secondary market are only a small part of his overall strategy.
Sooner or later, it will all be left to the team to handle.
But in order to build a team that can be completely assured, in addition to cultivating a group of excellent traders, the core of risk still lies in risk control.
Only by protecting the principal can the principal create profits for you.
He Changtian's character is stubborn and rigid.
In some ways, this is a character flaw.
But if it is placed in the position of risk control, it will become an advantage.
Only the absolute execution of the program can prevent people from escaping reality caused by emotions and hearts.
For traders, the trading strategy developed by a trader may change at any time.
But when the limit of change occurs, risk control is the last line of defense.
So from the beginning, Zhao Jiangchuan was testing He Changtian's mental endurance limit and execution ability.
again and again.
You know, there are limits in the human heart.
When the amount exceeds a person's tolerance, it is likely to cause a slow response like a card machine.
In that horrible market situation, in that money that normal people can't imagine.
It will make a person's brain go blank.
In addition to this, He Changtian will inevitably face huge pressure every time he implements compulsory measures.
Maybe it's the pressure from superiors, maybe it's the pressure of consequences.
This pressure is enough to overwhelm many people from changing their original intentions and principles.
But obviously, He Changtian withstood that pressure.
He dared to disobey even Zhao Jiangchuan's orders. In the future, if the authority of the team leader is challenged, He Changtian will definitely put his principles first.
As for scolding, it must be scolded.
If you give a candy after the stick, that candy will be the sweetest.
Zhao Jiangchuan's understanding of human nature is extremely subtle, so how could he not understand this?
Just like He Changtian now.
After Zhao Jiangchuan agreed with his behavior, his tone of voice was filled with excitement that could not be concealed.
The company passed by tens of millions of dollars without being harshly criticized for the final result.
Not everyone in any company can do it.
He Changtian is not a three-year-old child.
He knows very well that good intentions do not mean being right, and doing one's duty does not necessarily mean being recognized.
Nothing matters before taking over.
Just like no matter how hard a person works, if he achieves nothing, he will still be regarded as not doing his job properly in the eyes of others.
The process is not important, the result is everything.
This is a reality that no one can deny.
But now, after missing out on tens of millions of dollars, Zhao Jiangchuan did not continue to criticize him for this.
He Changtian had the feeling of a scholar meeting a confidant.
Amid He Changtian's excitement, Zhao Jiangchuan spoke again.
"How dare you blame me? You dare not even listen to your boss, how can I afford to offend you?"
"sorry….."
"Don't say you're sorry, Changtian, you haven't let me down. I hope you can keep it up. No matter what the circumstances are, I hope you can continue to implement your principles. Can you do it?"
"Thank you boss, I, He Changtian, will definitely not let you down."
"…….."
….
….
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