---
title: "Let's talk about the three axes"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43226679.md"
description: "Actually, some Longbridge community members have already learned my system, and their results are even better than mine. My three basic strategies are: arbitrage, non-consensus, forward-looking, marginal effect. Arbitrage is the eye. Observe the nodes or constants between price and value, price and fundamentals, and price and market sentiment. For example, when the market panics or gets 狂热， it might dump a good asset into a 'golden pit', or pump a bad asset to a bubble peak. Operate counter-cyclically to profit from the price returning to normal. Others price based on emotion; you price based on common sense. Non-consensus and forward-looking thinking are the brain. See hidden dangers when everyone is bullish, and see opportunities when everyone is bearish. Don't guess tomorrow's ups and downs..."
datetime: "2026-08-05T21:32:46.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43226679.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43226679.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43226679.md)
author: "[奇迹的交易员cola](https://longbridge.com/en/profiles/10743314.md)"
---

# Let's talk about the three axes

Actually, some **Longbridge community members** have already learned my approach, and some even execute it better than I do. My three core strategies are basically:

> -   Divergence Arbitrage
> -   Non-consensus Foresight
> -   Marginal Effect

Divergence arbitrage serves as the eyes. Observe the nodes or constants between price and value, price and fundamentals, and price and market sentiment. For example, when panic or frenzy causes the market to smash a good asset into a "golden pit" or inflate a poor asset to a bubble peak, you act contrarian to profit from the price returning to normal.

> Others price based on emotion; you price based on common sense.

Non-consensus foresight serves as the brain. See hidden risks when everyone is bullish, and spot turning points when everyone is bearish. Don't guess tomorrow's ups and downs; calculate the accounts the market hasn't priced in yet. For instance, while the whole market focuses on short-term profit declines, you calculate the compound interest value of their patents or user assets over the next three years.

> Consensus is the current price; non-consensus is the future price.

Marginal effect serves as the limbs. It's about the acceleration of change, not just the speed. When good news is fully exhausted, it becomes bad news; when bad news is fully exhausted, it becomes good news. You don't care about the good or bad news itself, but whether the good news can get any better, or the bad news can get any worse. When the slope of change flattens, that's the time to act.

> Buy at the inflection point of expectations; sell at the peak of reality.

Stringing these three together forms my entire logic.

Use marginal effects to perceive the exhaustion point of market sentiment, then calculate divergence arbitrage to find entry points for mispriced assets, and finally hold through non-consensus foresight until the market finally settles the account. Because this approach doesn't rely on insider information or technical indicators, but only on common sense, patience, and anti-human nature calmness—and these three can be acquired through training—it is most suitable for smart retail investors.

Basically, if you understand these three terms, you understand what I'm doing. However, there's a small request here: those **Bosses** who have thoroughly mastered this approach, if conditions permit, could start writing some popular science articles to help more people understand this methodology, or rather, what this school of thought actually does.

> This market doesn't lack stock gods who mystify things; it lacks open methodologies that are falsifiable, discussable, and evolvable.

Once this approach is written down, publicly questioned, and refined, it transforms from a personal secret manual into public knowledge. Public knowledge has a self-reinforcing effect. When more people use this logic to view the market, divergences will be corrected faster, non-consensus values will be priced in faster, and marginal inflection points will become visible sooner. If we must find a value anchor for traders, it might be maintaining value itself.

Trading only changes wealth distribution, whereas investing in creators changes wealth creation itself. If some **buddies** are lucky enough to reach a stage of relative financial freedom through this methodology or their own, they might consider extending their time horizon from minutes to ten years, switching their evaluation system from Sharpe ratio to civilization contribution rate, and entering the primary market. Historically, true masters who crossed cycles ultimately took this difficult but correct path.

The first thing I wanted to do at **Longbridge** is nearly complete. The second thing is to wait for the project to have a small-scale impact on the physical world before moving to the third thing: starting to widely invest in and influence those creators who might change or even create things in the next era. Personally, I believe that no matter how powerful an individual's "distortion field" is, its impact on the next era, though epoch-making, is ultimately hard to raise the broad nature of civilization. But one lamp lights ten thousand lamps; all dharmas become clear.

The name **Longbridge** is actually well-chosen. In my view, a bridge is an intermediate intervention point connecting people with people, and civilizations with civilizations. What I see is the civilizational significance of the bridge, not just the functional aspect of a securities trading channel.

Our very act of speaking on the platform is building bridges:

-   The first bridge is the Bridge of Cognition: People with wide or narrow influence who are smart and have developed their own methodology make it public, thereby connecting those who understand with those who want to understand. Once this bridge is built, isolated individual wisdom becomes a fluid public asset.
-   The second bridge is the Bridge of Time: When a small portion of secondary market traders truly achieve relative financial freedom and show interest in shifting to the primary market to create greater value—shifting from trading the present to investing in creators—they are essentially connecting current capital with future civilization. **Longbridge** **community members** ultimately deliver today's purchasing power through the bridge to entrepreneurs who are changing the physical world, ensuring they don't starve before dawn.
-   The third bridge is the Bridge of Civilization: Connecting civilizations beyond finance. Those true creators who change the era, whether in controlled nuclear fusion, brain-computer interfaces, or spatial computing, are solving problems shared by all humanity. What everyone is doing is using capital to shorten the distance from the laboratory to the masses.

> **Longbridge** can be more than just a financial platform; it can be a long bridge of civilization. **Community members** can be more than just people crossing the bridge; they can be the builders of the bridge.

When more people learn how to build bridges in their respective fields. When there are enough bridges, the fractures in this world will be stitched together, and the wrinkles of civilization will be smoothed out. **Longbridge** is meaningful because of its smart, upright, compassionate, humble, and generous **community members**. Wishing everyone smooth bridge-building.

## Comments (29)

- **股海散修 · 2026-08-06T00:15:37.000Z · 👍 12**: Thanks, Brother Cola. Following your guidance this year, I've slowly started to understand and try applying your methodology to analyze the market. My returns this year have improved significantly compared to before, which is a huge progress for me, so I also want to take this opportunity to thank y
  - **奇迹的交易员cola** (2026-08-06T01:17:26.000Z): Brutal, they've completely drained me dry 🤣
  - **股海散修** (2026-08-06T02:18:12.000Z): 🙌🏻🙌🏻
- **水击三千里 · 2026-08-07T07:35:36.000Z**: Thank you, Mr. Le, for sharing! It reminds me of a quote: "Once people feel joy here, it means they have come to understand this place."In building my trading framework, I am still on the path to truly "understanding," but having someone guide me has already allowed me to experience 
- **qwq · 2026-08-07T06:50:08.000Z**: mark
- **peanut1 · 2026-08-06T18:27:37.000Z**: Thanks, bro Cola
- **张麻子你相信梦想吗？ · 2026-08-06T12:20:08.000Z · 👍 1**: Coke Bro has a very high level of thinking, respect.
- **幸运币 · 2026-08-06T09:02:34.000Z · 👍 2**: I won't say it, I won't say it. Afraid that future arrows will keep shooting at me, just thinking about it is quite scary.
- **DDD · 2026-08-06T07:39:23.000Z · 👍 1**: Thanks for the selfless sharing 🫡Investing is not about predicting stock prices, but finding the misalignment between industry trends, price, expectations, and value.The market is priced by sentiment in the short term and by value in the long term, while excess returns are often born in the stage w
- **到处唱歌的胖丁 · 2026-08-06T06:59:10.000Z · 👍 1**: I'm just afraid of developing the mindset that "I'm not wrong, the market just hasn't understood yet"; this really requires solid fundamentals.
- **阿米巴星人 · 2026-08-06T05:10:04.000Z · 👍 3**: The third point, I've had some recent insights, let me give a few examples based on my understanding: 1. The storage sector's strongest rally usually occurs when product price hikes are fastest; starting in July, as storage price increases slowed down, stock prices began to crash. 2. The negative fa
- **一桥.SJ · 2026-08-06T04:55:59.000Z · 👍 1**: From secondary market investors to primary market civilization contributors, Cola's article truly cleansed the soul.
- **不奋东西 · 2026-08-06T04:31:32.000Z · 👍 2**: I bookmarked it last night.I read it carefully during my lunch break.Cola's article has a high-level perspective, viewing things from the standpoint of all humanity.What I've been pondering lately is that as AI inevitably penetrates every industry, the resulting efficiency gains will unavoidably lea
- **忌贪忌躁忌赌落袋为安 · 2026-08-06T04:15:04.000Z · 👍 1**: Cola has posted another investment mindset sharing post! Awesome!
- **輸棟樓的韭菜 · 2026-08-06T03:54:52.000Z · 👍 3**: Yes, often common sense is enough.
- **摸鱼炒股达人 · 2026-08-06T03:18:28.000Z · 👍 1**: Used for a month, latency is less than 1 second, completely not affecting limit orders
  - **躺平坐等回本** (2026-08-06T03:18:47.000Z): Limit orders are inherently unaffected by latency
- **一发入魂 · 2026-08-06T03:13:02.000Z · 👍 1**: Cola bro, although I'm also willing to share some random stuff, I don't possess virtues like intelligence, integrity, compassion, and humility. How can I cultivate these excellent qualities? 🤪 Thanks anyway to Cola bro for his continuous efforts for the world.
- **菠萝保保 · 2026-08-06T01:36:18.000Z · 👍 1**: Thank you
- **四糸乃 · 2026-08-06T01:08:22.000Z · 👍 2**: Thanks, bro, but I found this strategy isn't suitable for highly volatile stocks that are prone to 'ghost stories' (unexpected surprises), like storage. But if you change your perspective, maybe it's not a good idea for retail investors to go all-in on storage right now 😂
- **黄眉又赢了 · 2026-08-06T01:07:35.000Z · 👍 1**: Isn't your approach just that of a reverse value investor?
  - **奇迹的交易员cola** (2026-08-06T01:14:18.000Z): Non-consensus arbitrage based on fundamental analysis can be summarized as follows, but with one difference: marginal effects and forward-looking capture. Contrarian value investors wouldn't even take
- **csqwzdns · 2026-08-06T00:15:39.000Z · 👍 4**: Bro, who else would teach us these things without you? ✋😭🤚
- **股魔大霍 · 2026-08-05T23:36:57.000Z · 👍 1**: I've learned so much. Since I found and started following you at Sunrun, it has been one of my best decisions.