ABOUT QUESTIO —— Yu Anzhi:

How do traders view the phrase "trading is a human being"?

The complete sentence is "Character determines destiny, and trading is about being a human being." How does this sentence apply to you? I won’t discuss the impact of personality on other industries, just the trading industry (futures, foreign exchange, stocks, etc.)

Question details:

First of all, thank you for your answers. I mainly want to ask about the impact of different personalities on Transaction Impact.

Please tell us about the impact of different personalities on trading. For example, do timid people like light positions? Do aggressive and greedy people like to take heavy positions? People who lie and take chances don't like to stop losses? Are impatient people reluctant to do long-term trading? Do people who are not objective like to buy the bottom and pick the top?

For example, two people, AB, obtained a stable and profitable trading system at the same time, trading the same variety, but after the same time, the profit and loss results were different. Does this mean that personality has a great impact on trading? Big? Does it mean that personality determines the upper and lower limits of trading

Why do two apprentices taught by a master have different profit levels? The teachings are all the same, the only difference is the people.

The above does not include programmatic trading, only manual trading is discussed.

I also ask all my friends to give me your advice. If I say something wrong, please point it out. Personal attacks and arguments are rejected.

Thank you and good luck to everyone.

There is no right or wrong answer to this question, and there is no standard answer. Everyone has a different depth of understanding of trading, and it is normal to give different answers. Finally, it ends with a sentence: "If a sergeant hears the Tao, he can practice it with diligence." "When a sergeant hears the Tao, he or she will live or die; when a corporal hears the Tao, he laughs. Not laughing is not enough for the Tao" - from Laozi's "Tao Te Ching"

ABOUTANSWER - Liu Da, do this business , destiny

I think these two sentences have a certain truth. First, personality determines destiny. For example, the questioner said that people with gentle and aggressive personalities may control positions differently. For example, impatient people and chronic people have different choices for the operation cycle. Some personality traits are innate and difficult to change the day after tomorrow. It is best not to go against your own nature in this regard, and find the trading method that suits you, which is the best for you.

In the last sentence, trading is about being a human being. In fact, some friends have said that this is the case when everything reaches a certain level. But maybe our level is still low and we don’t have very strong experiences. Considering that many senior experts have made similar statements, I think they may not have said it casually.

Let’s talk about something simple. For example, it tests whether a person keeps his word. If a trader is determined to be purely mechanical, then he should abandon subjective judgment. When he adopts a mechanical system, it is equivalent to entrusting a trading decision-making power to the trading system. Then if in subsequent actual work, he will If he cannot bear the pressure, no longer trusts the system, and forcibly stops the system's work, or interferes with, or modifies the system's decision-making, this is tantamount to saying that he has violated his promise to himself.

For example, in the choice between profit and justice (Tao), if you believe in a certain trading concept (Tao) and express this concept in a system, the system will be the manifestation of Tao. Practicing this system 100% is walking the path. If you are worried about the shrinkage of floating profits, or do not want to see floating losses expand (before the stop loss line is triggered), you will intervene in the system. This shows that he pays more attention to immediate interests than the long-term, fundamental, and macroscopic Tao.

For another example, whether a person is humble, submissive, and good-natured, or arrogant, arrogant, and stubborn, can also be seen from his trading behavior. Even if some people lose a lot, they are unwilling to admit defeat to the market and do not admit that they are insignificant as a member of the market. The market should be obeyed. Instead, they stand on the opposite side of the market, blame the market, and talk to themselves. Like a brain cell popping out of the brain.

Some traders will study hard and put down their posture after losing money, while some traders, although they have been losing money, are looked down upon by no one, even Buffett, and will never admit their mistakes. , everything was framed by the market. Such people are often unable to take responsibility in other aspects of life.

Soros said: The most important thing is character. Financial speculation requires taking great risks, and unscrupulous people are unwilling to take risks. Such people are not suitable for engaging in high-risk speculation.

Anyone who engages in risky business and cannot face the consequences is not a good player. In a team, investment styles can be completely different, but the character must be reliable.

ABOUTANSWER - Lu Junhua, looking at human bones to mark the way...

It should be said that the way of trading and the way of being a person have their own characteristics, but with you In the usual sense, being a good person or a bad person is not necessarily related. A successful trader may not be a moral model in real life, but his insight into human nature and self-understanding must be sufficient. He has a good understanding of himself in the world. The positioning in the market is very clear. You know what to do and what not to do, as well as why you do it and when to do it. To do this is really similar to the principles of life...

All in all, this is the ability to live in the world, that is, the way to survive in the circle you are in, and the way to deal with advancement and retreat between people. This kind of survival ability is also the same in the world of trading. Importantly, how do you respond to the market? Know where you are going and know where you are going back! Don't try to dominate the market, don't blindly succumb to it, don't be so self-deprecating, the relationship between you and the market is not that of master and slave, you should develop towards a harmonious and harmonious relationship with it.

Almost every market participant considers himself a predator, but often ignores that he is also prey in the eyes of other predators. Even if you are as fierce as a liger, if you are targeted by a group of jackals, you will be vulnerable. There is also a lot of misfortune. As for the small people who are waiting to be slaughtered like cattle and sheep, they should follow this way of survival. Therefore, first of all, they should clearly position themselves and know where they are in this world. According to all aspects of their own Find a survival strategy that suits you under the conditions, and how to preserve your strength? How can big names hide their strength? How to make full use of your own advantages? How to prevent your personality flaws from causing devastating damage to your account? how……? No matter what...? Always reflect on yourself, am I doing this right? Is there a better way? Keep questioning and verifying, constantly making breakthroughs, surpassing yourself, and becoming a master... The more you advance, the more the glorious side of your humanity will exert its incredible power.

As for the trading systems, probability statistics, fund management, etc. mentioned in other replies, I think they are basic technical things. As long as people who have been doing trading seriously for several years can still understand these things. Is it necessary to talk about it? Of course, those are also important, but I think those on the road to trading belong to the category of elementary school. The theme of this question is to discuss the realm after college, and it is assumed that you have passed that level. If you stay at that stage forever, your greatest achievement will be to become a money-counting robot... Then you will never understand why trading is the state of mind of being a human being. It is not a question of who is higher and who is lower, but two lives. They are not on the same frequency at all, just like summer insects that cannot communicate with each other, they are in a state of being unable to communicate.

If trading, including any other industry, is only measured by the amount of money you make, then what’s the point of trading? What else does life mean? I believe that no successful trader will say that he has gained nothing except wealth from trading... According to the question's own statement, you should improve the basic part and temporarily put aside the relationship between trading and life. Relationship... This is the first time I seriously answer a question on the Internet, so thank you for reading this. Please feel free to comment next... Oh, I almost forgot, the above! 卍卍2015.08.16 Reply to classmate Yu Anzhi Editor’s update 卍卍I found that answering such a long question is very time-consuming and time-consuming. I finally know what kind of experience it is. Due to different trading concepts, the trading conditions I am in aspects, as well as the misunderstandings caused by unclear expressions. Maybe my answer may not really help others. Since it is the beginning, I will take the opportunity to update it. Maybe I won’t answer again in the future. It’s up to you whether it is useful or not. Alright...please pay attention! ! ! Please pay attention! ! ! Please pay attention! ! ! The following reply is based on my experience in spiritual practice combined with trading. Please do not think that I am a trading master, I am a senior loser! ! ! Because trading is just a way for me to temper my mind and is one of the lessons on my spiritual journey. In my current daily life, I don’t spend more than 30 minutes on average reading the market every day (I do foreign exchange, 5*24 hours of continuous market, 30 minutes should be considered too little, right? ), because the improvement of my character through trading is already very limited. Even if trading is difficult, it still belongs to the category of worldly law, and it is also for spiritual practice. It can only be regarded as a basis for moving forward. I continue to do it just to earn some food money. I am still an ordinary person and I still have to eat. Let’s talk about the background. Let’s get back to the question: In the first two years when I first came into contact with trading, I was once obsessed with it. It took me two full years as a super newcomer who didn’t even know K-line before to finally use the 100,000 yuan my parents gave me. I donated all the money and then went to work happily... During that period, my family, relatives and friends either joked or bluntly said that I was too lazy to work, afraid of hardship and tiredness, that I did nothing to produce, and that I wanted to get something for nothing, etc. Is this really the case? Anyone who has been trading for a few years knows how much effort there is and how much pressure they are under.

After many confrontations and arguments with them, I finally rectified my name. I said that trading is a profession that belongs to mental workers in addition to manual workers and mental workers. I always use my heart. , you work with willpower, so you can’t see it. As a result, they only ask where is the income from your labor? I was suddenly incoherent. This, this, this is a special profession that only cares about hard work and not about harvest. One day the market will pay me a salary higher than all of you, and then I will rush out of the door amidst the ridicule of everyone... To this day, I still feel that my definition of traders as mental workers is appropriate. So you ask, how do you transfer from elementary school to university? I think it is necessary to change trading from mainly mental work to mainly mental work. If you always stay at the logical level of brain thinking to guide transactions, such as focusing on specific opening and closing positions, subjective price predictions , the constantly complicated trading rules in pursuit of perfection, etc., I think all belong to the elementary school stage. So what is the specific state of trading behavior in the university stage? Based on the information I have read, I think the closest ones are "Ghosts of Wall Street" and "Crow Talks Investment Strategies". Then the big brother on the speculation island has a murderous question and answer post in the K-line. Whether you have read it or not, please read it yourself. I won’t go on too much to make up for the lesson. I don’t have that much energy to talk about the specific operational details. The technical aspect is really not that important. You don’t need to copy other people’s stuff. As long as you have the right concept, the trading system There can be countless, and all of them are easy to use. The market is unique to each participant. What you trade is the market that only belongs to you. It is the market reached between you and Mr. Market in a specific time and space* Knowledge, no one can take it away. As for how to achieve this state, this requires time and hard work. There is no such thing as a quick fix in ten days. Even enlightenment is based on the gradual practice of the past few years. Is it possible that there is only one in this world? Was Newton ever hit by an apple? Trading is a kind of behavior. Successful trading requires a set of successful behavior patterns, rather than using your head to dream. The focus of practice lies in practice. It doesn’t matter even if you don’t know the relevant theories, just like you don’t know the professional knowledge about cars. But it does not affect your ability to become a good driver. Of course, it would be better to be able to combine knowledge and action. You just need to keep doing it, summarizing, reflecting, and transcending. There is no right or wrong way to do it. It just produces different results. Doing this produces this result, and doing that produces that result. As long as the various results are summarized and summarized, how can I do better? Keep repeating this pattern, and the success will come naturally. One day when you look down, you will find that you are on the top of the mountains... It all depends on you, no one else can help... And in this process, You will have your own unique theoretical insights, instead of just talking about things in books. If you are a thoughtful person and have good writing skills, and record this successful mental journey, then It’s called a classic, and it’s the real heart of trading...

Let’s zoom in, what is the best opening mode for successful trading? We would like to end with our Huayan's six-word Great Ming Mantra: listen, appreciate, accept, respect, cherish, and tolerate. This mantra is more than enough whether it is doing business or being a human being. It allows unimpeded travel in the three realms. Please recite it often and apply it to all aspects of your life. In every aspect, the merits are incredible! ! ! Due to limited energy, I will not reply to this question. I am just kidding. I wish you all peace and comfort...

ABOUTANSWER - He Ziyin

People live in truth and harmony for the sake of beauty. In freedom, who can embrace the different personalities of the world more humbly will have a significant impact on transactions, not only transactions, but also reflected in all aspects of daily life. The different personality cases listed by the question leader are just a summary of the actual situation. There is no need to add anything more. These are basically the performances. Character and humanity, these are two concepts. Different personalities will affect trading strategies, some are long and some are short, some are fast and some are slow, but there is no good or bad distinction. Trading in various cycles and frequencies is good as long as stable profits can be guaranteed. Some friends may use income to define good or bad, but income is a reflection of ability and has nothing to do with cycle or frequency. Moreover, this ability is not a measure of a person's character or humanity. I can't tell whether different human natures have any impact on transactions. Human nature can be simply divided into good and evil. For example, a team wants to be the dealer for one target. During the process of opening a position, raising funds, and shipping, it is necessary to induce ordinary investors to follow suit and take orders. Maybe the team members are kind-hearted, but the operation method is to deceive retail investors so that they can make profits. Do you think this is good or evil? That's the nature of the job, right? A vicious and treacherous person will definitely not make any money from his transactions. No, his profits may be higher than those of ordinary people. People can only comfort themselves with a psychological suggestion - they will not last long, or the money earned from trading will be spent elsewhere, and they will have to pay it back sooner or later, etc. But these really have nothing to do with you. "Character determines destiny" cannot be understood completely this way. Personality affects the process, but the result is not entirely determined by personality. At least there is still time and luck. "Trading is about being a human being." What is a person? We usually understand it as being a good person, strictly demanding oneself in all aspects, and observing public order and good customs, but this has nothing to do with whether the transaction can be profitable. You can understand that this is the basis for career success, which is indeed the case, but it is only a necessary but not sufficient condition.

Most good traders are "good people", but not all "good people" are profitable. "There are blind people who build bridges and pave roads, and there are many people who kill people and set fires. I went to the West and asked my Buddha, and the Buddha said: I can't do anything." In short, just focus on what you have to do at the moment and try your best to achieve the upper limit of your ability.

Buddha has no clue about other things, so how can you...