Bitget Dialogue with Trader Shiguang: Seeking Misalignments Between Price and Value

With seven years of experience in the A-share market, having navigated the crypto space before returning to traditional assets, Shiguang now focuses more on US stock contract trading as a Bitget VIP trader.

Having traversed different markets, he has become increasingly certain that what truly interests him is not chasing the next wave of price movements, but identifying the misalignment between price and value.

During periods of market panic, he instead looks for assets that have been unfairly oversold; when valuations are too high, he is willing to take the contrarian position. This does not mean he always believes he is right. Quite the opposite, he always leaves room for his judgments to be falsified.

Daring to go against the trend, but not stubborn. This is our deepest impression of Shiguang.

1. The Market Offers Price, He Seeks Value

"Buy cheap, sell low," is the most direct summary Shiguang gives of his trading approach.

Prices can be extremely low or surprisingly high, but what he truly focuses on is: what kind of underlying value does this asset actually correspond to?

In Shiguang’s view, market price reflects the collective valuation of all current participants regarding an asset—it is the market’s consensus at this very moment. However, this consensus constantly shifts with emotions, expectations, and capital flows. It describes the “present,” but does not necessarily represent the asset’s true intrinsic value.

This sense of distance between price and value is a trading intuition forged through Shiguang’s years of experience.

He does not assume an asset holds more value simply because its price rises, nor does he believe it has lost its worth merely because its price falls. To him, price is first and foremost a market signal, not a trading conclusion. Only when price deviates from value do trading opportunities begin to emerge.

As he puts it:

“Price tells you how the market is acting right now and what everyone is thinking, but it doesn't necessarily tell you what it's truly worth.”

2. Judge Value First, Then Wait for Price

Once he forms his own judgment, Shiguang does not rush into trades.

To him, "buying cheap" first means having to wait for the price to reach a level worth committing capital. Therefore, he establishes a judgment on the asset's value first, then waits for the market to provide a more suitable price that falls within his entry zone, thereby capturing this "misalignment."

This also means he does not need to participate in every price fluctuation. When prices fall outside his judgment range, he can continue waiting; when opportunities arise, he executes according to his assessment.

Yet this judgment still requires verification. Shiguang sets clear risk boundaries for his trades; when overall account losses hit a stop-loss threshold of around 5%, he chooses to exit rather than wait for the market to align with his expectations.

Form your own judgment first, then wait for price to present an opportunity; if the judgment holds, execute; if it fails, exit.

3. From Macro to Individual Stocks: How to Form Judgments?

So, how does a trader determine whether there is indeed a misalignment between "price" and "value"?

Shiguang’s answer to himself is to analyze macro trends, fundamentals, and technicals together.

Macro determines what he watches. Federal Reserve policies, non-farm payrolls, geopolitics, U.S. Treasury yields, crude oil prices... these pieces of information are not isolated news items to him, but the backdrop for assessing market conditions and capital flows. When factors like interest rates or geopolitical events shift market risk appetite, he further observes which sectors and assets may be impacted.

Fundamentals dictate why he trades. If a company’s fundamentals show no significant deterioration, but its stock price drops sharply due to market panic, he assesses whether this decline represents a revaluation of value or a temporary deviation caused by emotion. If it is the latter, he looks for prices suppressed by sentiment, allowing him to capitalize on this "misalignment." This is precisely why he is willing to seek opportunities amid panic.

Technicals help him decide when to trade. He primarily monitors trends on the 1-hour and daily charts, along with volume changes. The formation of a daily trend accompanied by expanding volume is a crucial signal for him to judge that a move may continue; conversely, high-volume activity at elevated levels that fails to push prices higher further may serve as a basis for exiting.

Shiguang’s judgment process is one of progressive convergence: macro looks at the environment, fundamentals examine value, and technicals pinpoint timing.

4. From A-Shares to Crypto, Then to US Stocks: Seeking a Trading Environment Better Suited for Judgment

Shiguang’s trading journey spans several entirely different markets. But if these experiences are viewed through the lens of his trading logic, he has consistently focused on the assets themselves and the factors influencing their value.

This also means that external variables such as interest rates, crude oil, geopolitics, and macroeconomic policies could all serve as references for evaluating a company and market trends. Therefore, he needs a platform that allows him to observe information across different assets and markets side by side, thereby supporting efficient decision-making.

On Bitget, he primarily trades US stock contracts, while also capturing trading clues through market insights and hot-topic push notifications; 24/7 US stock trading, coverage of 1,000+ stocks and ETFs, and unified accounts enable multi-asset trading to be completed on a single platform.

For Shiguang, the VIP service further complements this trading system: ranging from industry dynamics and strategy content to Level 2 data, it helps him consolidate scattered multi-asset information into a solid basis for judging asset value.

5. Beyond Market Consensus, Preserving One’s Own Judgment

Having moved through A-shares, crypto, and now US stock contract trading, what Shiguang has consistently been searching for is that slight misalignment between market price and asset value.

But what truly makes this trading approach viable is always maintaining his own judgment, while also setting boundaries for it.

He is willing to seek opportunities during market panic and dares to oppose market consensus, waiting for misalignments to appear; yet when price and reality gradually prove his original judgment invalid, he is equally willing to step back and acknowledge that his initial assessment needs correcting.

Perhaps this is precisely how Shiguang coexists with the market: daring to go against the trend without being stubborn; adhering to his own judgment while respecting the answers the market provides.

The market will always offer new prices, and what Shiguang aims to do remains unchanged: always preserving a piece of his own judgment beyond the price itself.

This article is compiled based on interviews with trader Shiguang. The views expressed herein represent those of the interviewee alone and do not constitute any investment advice. Contract trading carries extremely high risks and may result in the total loss of principal. Please make prudent decisions based on your own risk tolerance.