2021–2024 Edition

Zhihu Q&A Collection

Original Chinese title: 知乎问答合集

Zhihu Q&A Collection

Cultural Note: The original Chinese title is 知乎问答合集 (Zhīhù wèn dá héjí), meaning “Collection of Zhihu questions and answers.” This chapter contains selected public Q&A from China’s largest knowledge platform.


Selected questions and answers from Zhihu — the public face of Demonjoy’s thinking. These are carefully crafted responses to real questions from ordinary traders, designed to reach beyond the inner circle.

Content Structure

The Q&A format covers topics ranging from basic trading mechanics to deep philosophical questions:

Basic Topics:

  • How to read a K-line chart (answer: don’t read the chart, read the structure)
  • When to enter and exit (answer: when your system says to, not when your feelings say to)
  • How much leverage to use (answer: as little as possible, as precisely as necessary)

Intermediate Topics:

  • The relationship between timeframe and signal quality
  • Why most “analysis” is useless (answer: because it supports any predetermined conclusion)
  • How to build a personal trading system

Advanced Topics:

  • The 5MA principle and its universal applicability
  • Core-deviation-propulsion framework
  • The philosophical foundations of the Folding Dimensions system

The Pedagogical Strategy

Each answer follows a pattern:

  1. Challenge the premise — most questions are based on wrong assumptions
  2. Reframe the question — redirect from prediction to response
  3. Provide actionable guidance — conditional, rule-based, not opinion-based
  4. Leave room for reflection — the best answers create more questions

⚠️ Note: The original Chinese text contains approximately 430,000 characters of Zhihu Q&A. The English version preserves the thematic structure and key philosophical insights.


Original Chinese version: 知乎问答合集 →

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