- For people without relevant expertise or programming skills, quantitative strategies are like a "black box," unable to understand their trading logic, which leads to doubts about profitability and failure risks, swinging between suspicion and fear.

- Trust requires cognitive support; if the underlying logic of the strategy (such as trend following, mean reversion, etc.) is not understood, continuous losses in quantitative trading can cause fear and doubt, making it hard to persist.

2. Human Challenges

- The core advantage of quant trading is emotionless, strict execution, but as a strategy monitor, people can still be emotionally hijacked, intervening manually during losses (such as disconnecting the internet, pausing, or modifying the strategy), causing the investment logic to fail.

- Human nature is inherently averse to loss; the pain of losses during personal trading can trigger hesitation and inner torment, affecting strategy execution.

3. Flaws of Public Strategies

- If individuals choose public strategies offered by platforms or brokers, they face capital capacity issues. When many people use the same strategy, the total capital quickly reaches the capacity limit, causing the strategy to fail.

- Public strategies are easily reverse-engineered by highly knowledgeable "gurus" in the market, who develop algorithms specifically to harvest these strategies, turning followers into counterparties.

二、Paths for Individual Quantitative Trading

1. Position as a Wealth Management Tool

- If the goal is wealth management, there's no need to insist on developing your own strategies; you can choose quantitative funds, private equity, and other quant products, leaving the professional work to experts, and only judge whether the manager or investment advisor is reliable.

2. For Experimentation and Experience

- Start with simple logic, such as writing a daily low-frequency trading strategy based on double moving average crossovers. These strategies provide enough time for thinking and observation, gradually building awareness of the strategy and one's own emotions.

3. Seek Niche Non-Public Tracks

- If the goal is to make money through your own strategies, you need to find niche, capacity-available, non-public tracks; otherwise, in terms of capital, technology, and information, you will be at a disadvantage, with very low chances of success.

三、Summary

Quantitative trading is fundamentally a tool; whether you can master it depends not on programming skills but on your understanding of the market, risks, and yourself. For most people, quant is more suitable as a wealth management tool; if purely for interest or challenge, you can start with simple strategies, but you must clearly understand its difficulty. #加密市场行情震荡