Fu Haitang: Returning to his hometown, he warned his descendants: Never set foot in futures!

Fu Haitang gave two clear, brutally cold reasons.
First, ability is not replicable. Trading futures is not like a carpenter fitting mortise-and-tenon joints, or a blacksmith forging a sickle; those have blueprints, processes, and inspection standards. Futures has no fixed formulas, no unified rules. The thousands of days and nights he has endured in the market, the hundreds of liquidation blowups he has survived, the dozens of bull-and-bear cycles he has crossed—those have long fused macro perception, emotion recognition, and rhythm forecasting into a near-instinctive “trading feel.” It’s like an extremely thin cicada wing: visible but untouchable, impossible to teach, impossible to learn, impossible to put into textbooks, and impossible to record into a course.
Second, talent is 70%, effort 30%. Whether a person has the mental toughness to endure a single-day unrealized loss of 50% without showing a change in face, whether they have the decisiveness to add positions against the trend during extreme panic, whether they can still believe the system works after 30 consecutive days of losses—these traits are often determined at birth. He never shied away from talking about luck: “To get where I am today, luck accounts for at least 40%. If I had been born ten years earlier or ten years later, the outcome might have been completely different.”