Why No Perfect Strategy? Can't You Just Combine Them Better?

[michaeljiangmingfeng-debug]

Great question. Let's think through it.

If you combined all eight strategies equally, you'd get: smooth returns + moderate drawdown. Boring. It'd also be average at everything—not exceptional at anything.

The Beautiful Part: Strategy Characters

Strategies have different characters:

• E3X (Smoothed 3x Nasdaq) is a trend follower. It kills in bull markets, suffers in sideways markets.
• PCR (Retail Sentiment Contrarian) is a mean-reversion play. It loves choppy, overextended moves.
• DIP-A and DIP-US are extreme-event catchers. They sit in cash 90% of the time, then strike during panic.
• CNH-CHAU reads global capital flows. It works when cross-border money moves.
• IF-IC exploits capital control structure. It's always in the market, rotating between large-cap and small-cap.
• COLD-STOCK harvests retail behavioral bias. It's a structural edge unique to A-shares.

Combining Creates Balance, Not Perfection

The Cross-Market Defense portfolio (25% each: CNH-CHAU, DIP-A, IF-IC, PCR) returned +357.7% with a tame -17.4% drawdown because different strategies shine at different times.

But is that portfolio perfect for you? Probably not.

Maybe you want more upside and can tolerate more downside. Then the Nasdaq Full Power (50% E3X + 50% DIP-US) is better: +1391%, -65.6% drawdown.

The Core Philosophy

Portfolio	Allocation	Return	Max Drawdown	Return/Drawdown
A-Share Balanced	CNH-CHAU 33% + DIP-A 33% + IF-IC 34%	+397%	-22.5%	17.66
Nasdaq Full Power	E3X 50% + DIP-US 50%	+1391%	-65.6%	21.22
Cross-Market Defense	CNH-CHAU 25% + DIP-A 25% + IF-IC 25% + PCR 25%	+358%	-17.4%	20.59

This is why we don't optimize for a universal benchmark. We optimize for your choice.

Strategies are objective; portfolios are subjective.

We won't distort a strategy's character to chase a prettier curve. Each strategy preserves its original edge, its original weakness, its original beauty. You combine them based on your understanding, your risk tolerance, your market view.

Try it yourself: Playground