In 2016, Chen Mo, an insurance claims adjuster, enters the futures market just as supply-side reforms trigger an epic rally in ferrous commodities. His actuarial mindset brings him an early taste of spectacular profits, but he doesn't realize he's already caught in a vortex that devours reason.
Starting with 100,000 yuan in capital, he rides the waves and faces disillusionment in the leveraged world: the peak of the ferrous commodities boom in 2016, a 2017 regulatory storm that wipes out his account, the shock of negative oil prices in 2020, and the desperate counterattack during the 2022 nickel short squeeze. Over a decade, he falls from being the pride of the heavens into a pit of debt, before ultimately finding redemption through the trials of knowledge and character.
This is not only an epic journey of a trader's growth, but also a mirror reflecting human desire and the tides of an era. Based strictly on real market data and events, the story weaves together futures trading and insurance to reveal a profound parable of survival in a society shaped by risk.
When candlestick charts control your heartbeat, how many times must you be wiped out before you understand the market's language? Floating and Sinking is dedicated to everyone trying to take hold of their fate amid the tides of the times. Whether facing a trading platform or life's choices, the central question remains: how do you dance with risk?
