But the futures market has no memory, and similar mistakes always come out, which makes people commit crimes again and step into the abyss. Therefore, finding out the common problems of futures market operation, understanding the basic teachings of the market and taking this as a mirror will be a problem that traders who are interested in success have to constantly reflect on.
First of all, loss is the cost and price of success. Learn to control and learn to survive.
In the highly competitive and risky futures market, there are neither ever-victorious generals nor ever-victorious generals. To do futures, we must have a basic mentality: face losses calmly and learn skills in failure.
In speculative trading, no matter how high the quality and rich experience of traders are, there is always the possibility of losses. Even for some investors who are used to using the trading system, it is inevitable that they will encounter trouble for a period of time. And the longer the trading time, the harder it is to avoid such a dilemma. Profit and loss are the result of objective ups and downs of market trends, which are not transferred by people's subjective will, nor will they change because of our emotional performance.
In the history of futures, no expert is victorious, and no analytical tool is effective every time! Remember: we are human beings, not gods! People's understanding of things will always be limited by time and space, but they are faced with a constantly changing and moving world. If you don't think carefully, you will inevitably miscalculate. The first step to success is to realize that your mistakes are inevitable. Giving up the dream of making a profit is the premise of having a chance to make a profit. To treat losses correctly, we must first realize that people tend to keep secrets. If you make a mistake, you must face up to the fact of failure. It is normal to make mistakes and lose money; Correctly treat losses, and second, strictly implement the principle of "losing as much as you can". Don't misappropriate funds for major undertakings, and don't use living expenses. But to invest some spare money. Losing doesn't affect the overall situation, which is harmless, so there will be no psychological pressure to lose.
In your pursuit of Excellence, sometimes you will go astray and be trapped by mistakes. Challenges not only need to face countless difficulties, but also need to rely on a firm belief in their own potential. Strive to surpass mediocrity-to feel the excitement and joy after realizing the ideal. When you continue to learn knowledge and accumulate experience, please remember that the skills and abilities you have acquired are the constant starting point of your lifelong struggle. Yes, the road to becoming a mature investor is not smooth. After numerous market blows, you may see a glimmer of light. The experience of failure enables us to gain real trading ability, and only failure can ultimately improve our trading ability. The futures industry, like other industries, can only allow a few people to succeed. Therefore, we must have strong perseverance and firm confidence, constantly improve our trading level and ability, and use discipline to restrain human weaknesses. Life is like futures, futures are like life, greed and fear, pain and joy are always with us, let us experience the ups and downs of life and the painful struggle of human nature in front of a small screen. However, all this has also enriched our lives. The red and green K-line chart and the ups and downs curve make our life full of passion and dreams. Maybe one day, we will reach the other side of wealth, freedom and freedom of life!
Second, there must be a win or lose in the transaction, and there must be faith and confidence that can lead to continuous victory!
Self-confidence is equally important for traders, but self-confidence is very difficult. There is a famous saying in the market: plan your trade, trade your plan. However, due to the uncertainty of the market, it is relatively easy to plan your trading, but when trading your plan, it is often difficult to implement your trading plan because of the uncertainty of the future. When you plan your transaction, you are full of confidence, but when you carry out the plan, your confidence often loses to the uncertainty of the market.
I don't know how many people have told me what great achievements he will achieve if he can stick to his trading plan, but in fact he is still struggling. Maybe in fact, if he really insists, it will really bring him success, but why doesn't he insist? Why didn't he stick to the plan that would bring him great success? Why can't he trust a plan that can bring him great success? Implementing the trading plan requires hard work, great efforts and huge costs. Only when you make honest efforts and are prepared to pay, can you really implement your trading plan. This is an inconspicuous but crucial detail that many investors ignore.
Be confident that you can execute the trading plan. Confidence comes from certainty, and the market is always in uncertainty. Therefore, self-confidence needs cost, and you need to pay the cost to eliminate the interference of uncertainty and make yourself confident. Another thing to remind is to be confident but not overconfident! Numerous facts over the years have proved that overconfidence often hurts investors. When you brag about how great you are, the market always seems to pull you back to reality in a magical way and in a humiliating way. This is the dialectical unity of contradictions.
Third, diligence and accumulation are trading chips other than money!
I believe in strong goals, I believe in the power of enthusiasm, genius is fierce enthusiasm, and every genius must be the product of enthusiasm! Successful love is full of blood, this sincere spirit that can make people achieve anything, this self-loyalty is the most fundamental factor for traders to achieve great success!
Futures market is a market that needs diligence and hard work most, and it is particularly necessary to acquire its intelligence and skills for survival and development in this risky market. No normal person will let a doctor who has not received proper training and obtained relevant qualifications operate on him, nor will he let such a lawyer defend himself in court. So is the futures market. Do your best at all times. How much you pay now, how much you will gain in the future; By the same token, your achievements today must come from your efforts yesterday!
Fourth, the price of active knocking is the market; Personality habits and emotions are also markets.
The futures market is unpredictable, which tests investors' humanity and cultivates their character. I believe that no industry can match it. There are many reasons for the failure of traders' operation, but it turns out that 80% of the losses are caused by personality and psychological factors, and only a normal mentality can produce ideal results. Just like Gene? Agace Ritter said, "All wishes will come true. Success is because of you. "
The enemy of life is actually in your heart and mine. In the investment behavior, greed and fear are constantly repeating themselves! Agama said: "don't miss the past, don't want the future;" The past has passed and the future has not yet arrived. We should think about all the laws now and live in the present. " The Tao Te Ching says, "Happiness is complete, straightforwardness is abolished, depression is full, disadvantages are new, gains are less, and confusion is more." Things are unpredictable, but "extremes meet, and time never comes again" is an irresistible natural force between heaven and earth, and the circular law of "sunrise and sunset, flowers bloom and flowers fall" remains unchanged. The investment market itself is an arena of zero-sum games. There are no absolute pros and cons, and there are no absolute winners and losers. We are cautious in optimism, but there is a turning point in pessimism. Without bulls, there will be no bears, without declines, there will be no gains, and without ups and downs, there will be no market.
Investors themselves and their emotions are the enemies of survival and development in this risky market. In trading, a person's emotions are often used by traders as a self-mutilation weapon against the market. In fact, the market is the market. The market has no feelings or feelings, and it has never hurt you from beginning to end. Ironically and sadly, most investors are defeated by their emotions.
Furthermore, we need to know our own personality characteristics, whether they are steady, tough and brave, or impatient, active and timid, which is of great reference for developing good trading habits, establishing our own trading system and forming our own trading style. Just as man is a product of nature, and it is impossible to overcome nature, investors are also very small and fragile in front of the market. If the market can be accurately predicted by most people, then the market will lose its foundation of existence. As an investor, only by adapting to the market, conforming to the market and drifting with the tide can we survive in the market.
Regantan mentioned: "The bamboo shadow sweeps away the dust, the moon wheel passes through the marsh without a trace, the water is always quiet and the flowers are always idle." If traders can be stimulated by the outside world, they can't stand greed, they won't be afraid, they can stand in a detached position calmly, and naturally they can know what to go in and what to go back. Pursuing a world of inner peace is the biggest difficulty in crossing the investment field.
5. Trading skills and profit model are both equipment. If you want to win first, you must be unbeaten first!
In fact, my friends, you have been running a battle throughout your trading career, that is, fighting a battle that has no beginning and no end. I think each of us wants our war to end in a victorious way. We can all understand that the whole war is made up of many battles, and every transaction you make is a battle and an integral part of the whole war, so every battle must be fought with your heart, which inevitably requires us to have excellent practical skills! Wisdom alone in the futures market is far from enough. If you are still making profits for more than one year, you must rely on technology-stable and disciplined trading technology to be your consistent backing.
If you don't have your own trading methods, it is difficult to form a real market advantage. The so-called forming one's own advantages is to give corresponding judgments and signals on the direction of participation in actual operation in view of various market trends and market changes on the premise of establishing and owning a profit model suitable for oneself. Without this, even with the best money management technology in the world, it is difficult for traders to win. However, if traders want to form a market advantage, they must make great efforts to succeed in the futures market, which is inseparable from efforts, especially before they get a successful profit model, they will definitely encounter bumps and setbacks. With market advantages, supplemented by excellent fund management and risk aversion technology, we can maintain a long-term stable high rate of return.
Sixth, marching and fighting emphasize the arrangement of troops, and the transaction performance focuses on fund management.
The book "The Futures Game" says: "The best way for traders to destroy themselves is to invest too much money to get rid of the predicament caused by one or a series of bad transactions." Futures investors with gambling psychology always hope to make a fortune. Like gamblers, he frequently raises funds, and he can't wait to bet his life and net worth on the maturity market until he loses all. When the current market loses money, they tend to put all their money on the last try, and most of these people end up bankrupt.
Investment is a function of time and also a long-distance running. So it's not how fast you run, but how to run the whole course. We often see investors with high profits for a period of time. Buffett's 50-year 23% investment income level is nothing to many people. But he seems to be the only person in the world who has achieved this time and this achievement. Therefore, if you earn 500% in three months, you cannot be sure of success. The important thing is that you can also have a stable income in the "long-distance running". To achieve this stable income, it is necessary to control fund management.
Fund management is a skill and a knowledge: what proportion of funds are needed in the early stage of the trend; In the process of market development, how to increase the position of funds; How to adjust the funds when the trend is adjusted back; How to take action when the market turns, etc. This requires both scientific distribution and personal character and institutional requirements! But no matter what kind of management is adopted, it is carried out around the original intention of reasonably reducing risks and stabilizing returns. But if you don't understand the fund management and do it blindly, you will inevitably fail!
Seven, success depends on persistence, success or failure depends on execution!
Fighting in the futures market, just like the situation of the army on the battlefield, must pay special attention to discipline. Every step of your marketing plan is part of the overall deployment strategy and cannot be changed at will. All your amendments must be planned in advance and implemented when necessary. In any case, the losses caused by violation of discipline in the trading process are all caused by ourselves, and unexpected profits should arouse our objective hatred. Whether you can have a clear understanding of this is one of the differences between amateurs and professionals.
A philosopher once said that winning in the futures market has nothing to do with intelligence, and everything depends on the methods, principles and attitudes of investors. Especially for the enforcement of discipline, a large part of traders in the market will eventually succumb to the two most common emotions of fear and greed, while professionals will strictly implement their own strategies without exception. Top traders seem to have amazing discipline. If everyone is so disciplined, there will be more people making money in the market and the competition in the market will be more cruel!
The futures market is a risky market, while creating high profits, it is bound to be accompanied by high losses of the other party, and strict enforcement of discipline is the only way to avoid heavy losses and gain profits.