These were all futures people who had some reputation at the time, and some of them were very good and influential futures people. Let’s take a look at their endings and think about some of the painful experiences of these futures people. What about the missing shadow?
The "Sugar King" of the Shanghai Fighting Team
---In 2008, he held a heavy position in polysaccharide from 3800 to 3279 and stopped the loss. I am afraid that I will change my mind when talking about sweets, and I vow not to touch sweets. As soon as I touch the candy, I will run naked on the road. It's tragic, this is all caused by futures.
Uncle He---calls himself the "King of Corns."
901 corn will be long from 2040 with full position, and the margin will be added 5 times. I kept the stop loss at 1708, but as soon as I stopped the loss, it immediately rebounded. I was so angry that I stayed in bed for three days. From then on, I didn't dare to do long in corn, and just watched the corn rise day by day. Another national first-class talent was fooled by futures.
Wu Fafa --- known as "the grand master of futures fundamentals".
Traveling all over the country, from soybeans to wheat, from corn to cotton, from Lun copper to Shanghai zinc, he said He had a clear and logical understanding, but no matter how thorough the fundamental research was, it was useless because sometimes the market was irrational. When he analyzed the fundamentals at the beginning of 2008, he believed that soybean oil had risen excessively, so he took a heavy position and went short at 10036. The loss was stopped at 13,800, and the loss was so severe that I lost my pants. Now I am wandering in a foreign country with no news. Then starting in March 2008, soybean oil plummeted, with the lowest falling to around 5,900.
The long term is golden---the first Kong Yiji-like figure (as evidenced by novels), who screamed wildly when he was in power
-----I only want one hand of corn , you can own the whole world. In July 2008, you took a long position (just one lot) from the highest price of the corn 05 contract of 1980. In the meantime, you used your own salary to add margin 13 times, all the way to the stop loss of 1470 in December 2008. , and then helplessly watched the corn rise higher and higher. There was no money in the real market, so I could only go long in the mouth market. Now I can’t even cry out in the mouth market. The sad ones grow gold, and the painful ones grow gold.
50,000 turns into 10,000,000---a real futures geek who has achieved great results in copper trading, winning 50,000 yuan a day, a daily routine, and a gold medal goal
----50,000 He made tens of millions in one year. He boasted that he had discovered the true nature of futures profits from the lightning chart, so he was in and out of positions every day. He posted more than 50 times a day on average, which led to the outbreak of pink eye in Hexun. However, he ultimately failed in fund management. Later, during the great ups and downs of copper, Xiaowu's full warehouse operation was so frustrating that he was never heard from again.
Long-short Junxiu --- once claimed that "I am long in the variety,
This variety can only go up." This statement is so arrogant, but judging from his more than ten years in the futures market, he does have some skills.
He also participated in the vigorous soybean rally at the end of 2007. The easy-to-use wealth made him feel elated. On March 14, 2008, he believed that the soybean correction was in place. , he pursued the long position with a high price of 4500, and then four consecutive plummets destroyed the futures prince's more than ten years of hard work.
Since then, this futures expert has gradually transformed into stock trading, and now he still mainly focuses on stock trading.
In the world---although it is not a veteran national treasure,
But Hexun's post "I don't understand why many people lose money" became a household name in Hexun. The most special thing about him is that he studied a set of "ghost operation methods," which brought him huge returns for a while, so he wondered why others lost money? .
The boundless self-confidence brought about this spiritual king's misstep and the consequences of eternal regret. In September 2008, he placed a heavy position in long natural rubber at a price of 21,000, and accidentally stayed overnight for two days.
There were two big drops, but King Ling was confident that it could still rise sharply. Later, when the financial crisis broke out, it fell by the limit for five consecutive days, knocking him back to his original form as a human being, and he never touched futures again. Went back to the salaried room.
Futures neurotic --- a national treasure veteran in the futures industry,
Claims to have made his fortune by speculating in mung bean futures with only 500 yuan in the 1990s.
For a time, he became extremely wealthy, and from then on he believed that a fire brigade was worse than a pee. Later, Shanghai Copper rose sharply, and the "Futures National Treasure" chased him all the way.
Dreaming of creating a second mung bean miracle. In June 2006, at the Everest price of Shanghai Copper of 84,000, we were still fully long.
Traveling to Qingdao. A week later, the futures company made 300 phone calls to destroy the margin. At this time, the "Futures National Treasure" could no longer get up from the beach chair, and his eyes staring blankly at the sea had become abnormal.
The harm caused by greed. Future generations should avoid it, and future generations should avoid it.
Hehe 888---Although it is a new period for old stocks,
But its impact on Hexun is unprecedented and unprecedented. "Invigorate and kill opponents with faith" is the motto of San8's life. He also threatened that the place I like is the place where I pick up money. I regard the foreign masters Buffett and Soros as my godfathers. I believe that the thirty-eight years of greatness will begin, and the sky-high prices of agricultural products such as corn, soybeans, wheat, cotton, and sugar will begin. Try to be long in the long term. He deceived many novices, ruined a large number of followers, and made the whole Hexun complain and wake up with blood everywhere. He was scolded by the gang and never seen again.
Lao Cheng --- a native of Bozhou, Anhui Province
When he entered the market, his investment was hundreds of thousands. After paying off the losses in more than two months, he became a broker. In order to develop the landlady into a customer, he adopted He first used the landlady to develop an ambiguous relationship and then made him a client. The landlady invested 50,000 yuan, but he later lost all of it. More than a dozen customers before and after are all women. He is really capable in this regard! Later, Lao Cheng left the futures market. When I met him online last year, he said he was pulling a tricycle.
Making futures is like cooking fresh food---the king of futures cooking.
At the end of the last century, he was a first-class chef in Shanghai Jin Mao Tower. Later I came into contact with futures and thought that speculating on side dishes was not as good as speculating on futures. I took my monthly salary and entered the futures market. With his level of mixing oil, salt, paddle, and vinegar, he rolled in and out carefully, and the snowball grew bigger and bigger. What follows is boldness and ambition, and greed is out of control. Fortunately, the "Cooking King" is a good person, and the sky takes care of him. He attacks in the long, medium and short term, and always reaps great rewards. Directly introduce the careful frying method of adjusting oil, salt, paddle and vinegar, and forget about it. I continued to go long on soybeans and sugar, adding more positions when prices fell, and adding more positions when prices fell again. I watched helplessly as large amounts of RMB were transferred to the futures exchange without losing money. Now even one month's salary when I entered the futures market has been spent in ashes, everything is silent, and the dream has finally become a reality. Jin Mao Tower has reappeared a first-class speculator - a master of cooking.
Meng Haoran---As you can tell from his name, this person has a poet-like temperament, but in fact he just graduated from a technical secondary school and is a clerk in a frozen food factory. He was attracted to the futures market by a friend. After listening to two classes, he became addicted. He invested 50,000 yuan and entrusted a broker to do it for him. The broker lost more than 4,000 yuan to him. He was very angry and cursed the broker for being incompetent, so He quit his job and did it himself. He had a special liking for the RSI indicator. When he was most proud, he earned 7,000 yuan a day. He devoted himself wholeheartedly. He loved short-term speculation the most. He called himself a short-term knight. His funds were sometimes big and sometimes small, but overall he was Continuously shrinking. He had two bad positions, and the third time he invested up to 100,000 yuan, all borrowed from relatives and friends. His most famous saying among us is: "This market cannot live without me"! However, when he was about to run out of money, he "awakened" and told us: "You cannot speculate in short-term futures"! He left the futures market with a reluctant heart.
Yunconglong---I started shorting cotton at 18,500, and I couldn’t resist cutting it until 30,000. I lost all my cash, and in the meantime I sold a house to increase margin. It’s a futures dream. It's over since then.
From the outcomes of the above people, we can naturally easily understand several truths:
First, we cannot operate against the trend, in a raging bull market, or in a raging bull market. In a bear market, relying on what you think has reached the top or bottom is seeking death, just like iron ore, rubber, thread and other products that have been falling continuously since 2014. Going against the trend is seeking death. You must wait until the end of the bow and arrow, until the momentum is exhausted, and the momentum changes before you can do it.
Second, don’t stop losing money. It’s not scary to go against the trend. What’s scary is not to stop losing money against the trend. Buying the bottom and picking up the high in a bull market or a bear market. If you refuse to admit your mistakes or become red-eyed at the loss, just start. To kill an ostrich is to wait for death.
Third, heavy positions. For futures, due to the leverage effect, timing is very important. If you have a heavy position, if it goes up or down by 10, you will basically be liquidated. And it is normal to go up or down by 10, so by the time the market moves according to your expectations, you will be dead. dropped. Therefore, for those who are not good at choosing timing, light warehouse is the way to go.
Fourth, futures operators believe that the most important thing is to be humble, have a sense of awe, respect the market, maintain a low-key and humble mentality, and not be too arrogant. The reason why the above people died was because they were tall and arrogant. They made a lot of money and were complacent. They thought they had the world in their hands. Those who followed me prospered and those who went against me perished. The end result was their own death.
The reason why I have been able to survive in the futures market for more than ten years is, of course, in addition to hard work, but also because I have always maintained a heart of awe, walking on thin ice at all times, and working cautiously, no matter whether I won a big victory or not. No matter how much money I made, I was always in awe mentally.
When you have this mentality, you will find that many trading problems you encounter, such as heavy positions, frequent trading, not stopping losses, lack of effort, gambling, etc. will disappear naturally.