Experts seldom discuss technical analysis together, and their more communication is fund management. There are several types of people who do not understand money management in the futures market:
1. Beginners, friends who just entered the futures market and want to engage in trading.
2. Traders are those who never worry about money, and never have their own funds.
3. Losers who have never passed the technical analysis level. They have been in the industry for many years but have been immersed in the K-line and indicators of technical analysis and cannot extricate themselves.
A sign that traders have begun to enter a stable and mature period is to pay attention to fund management, which is the sublimation of the trading realm. We can see that all the winners are implementing a strict fund management system, while the losers are always busy in a random, capricious, stream-of-consciousness manner, fighting in and out at will.
The realm of trading, what we are talking about here is the realm of trading or the spiritual realm of trading, which is a person's attitude towards life in trading, and the spiritual world of trading formed by condensing his trading and the past, present, and future. A person's trading realm embodies the meaning and value of a person's life and transactions.
And fund management is a trader's trading cultivation, trading pursuit and self-discipline in trading. It is the self-mastery and control that tends to be perfect in trading.
1. The trading capital of beginners needs a bunker
When it comes to bunkers, everyone can easily think of danger and war. Since beginners are poor in controlling their emotions and grasping the trading rhythm, they are very easy to make impulsive and retaliatory trading operations, so they should hide the excess funds outside the opening position in the "bunker". The so-called bunker is a safe account far away from the market. It cannot be a bank card opened for bank futures transfer, let alone a foreign exchange or futures trading account. It should be an unrelated bank account that is inconvenient to transfer.
We all know that the ammunition depot should be built in a safe area away from the smoke of gunpowder and war, and the funds outside the warehouse should be placed outside the trading system, otherwise it is easy to be "detonated". If the market is unfavorable and the stop loss is out, you must learn to calm down, find out and summarize the reasons, and then choose a more secure time, instead of immediately investing in the transaction.
After beginners gradually mature, emotional trading is gone, negative emotions of fear and greed are under control, and account funds are guaranteed.
2. It is worth paying any price for the safety of funds
We have seen that American soldiers with the most advanced weapons and the most lethal power cost hundreds of thousands of dollars for a set of equipment, and the core and most valuable part is not weapons, but their own defense system. Only when you are safe can you use advanced offensive weapons. The same is true for traders. They are participating in the war of money, which is as cruel as the live ammunition of gunfire.
In the foreign exchange and futures markets, as long as you open a position and attack, as long as you expose your funds, you will be at risk. The trader's priority is to ensure the safety of funds, and the risk for the exchange should be equal to the profit and self-sufficiency. Never take risks that you don't want to take, that you can't bear. The risk coefficient of trading copper and rubber is different from that of trading soybean meal and corn. Obviously, trading rapeseed meal and corn is much milder. It is also well-known for traders to find varieties that are suitable for their own trading. The trading commodity trends and WeChat longeon bands you find must be close to and in tune with your own circadian rhythm, nerve type, and your own personality. Each commodity in the futures market also has its own temperament and personality.
3. Market transactions are a hail of bullets, but we must learn to fight small battles
Some people think that market transactions are more cruel than bullets, bloody winds, and wars with real knives and guns, because the market does not give you any warnings and opportunities to correct your mistakes. If we traders want to survive, we must learn to leave equal trading opportunities for the next, next ten, or even dozens of times in each transaction. Avoid getting out of the game by half of the position after entering the full position, or being out of the position with a liquidation and becoming a "martyr" remembered by the market;
Don't trade 100 contracts at once, and you will only be able to trade 50 contracts next time. We must know that after a trader loses 50%, in a state of despair, the possibility of making money is almost zero, and most of them collapse silently after several struggles.
Therefore, everyone should know how to manage funds, learn to fight small battles first, and spend 2% of the principal to build positions. Of course, it is good to make a profit, but if you lose, you will only lose 0.8%, which can be regarded as almost unscathed. After adjusting the status and transaction frequency, you can invest in the next transaction with confidence. Gradually stabilize the state and then learn to fight larger-scale battles, so that you can improve step by step, instead of fighting an annihilation battle of "either I die or you die" as soon as you come up.
In the final analysis, technical analysis is a matter of probability, and so is the market, so we must increase the number of transactions for ourselves, rather than doing it all at once. The reason why market winners make money by trading for a living is that they can win an unlimited number of transactions and opportunities.
4. Traders must know how to "be willing" and give up
Traders must know how to give up and give up. If you want to do these two points, you must learn money management. If you use all your funds to build a position and get cut out of the game, you must be beating your chest and feet with regret. No one can be "willing" in this situation; and if you use 2% to build a position and get cut in half, you must calmly and calmly deal with it, but it is just a drop in the bucket , The loss is less than 1%.
The same is true of the market, not every rhythm is an opportunity for you. To be precise, most rhythms have nothing to do with you. Successful traders have their own unique trading patterns. The frequency and timing of such patterns are different, but the patterns are completely consistent with his own personality, frequency, and psychological pattern. They have been waiting and waiting patiently, waiting for a rabbit. When the form they can control appears and the opportunity comes, they will attack decisively and grasp the market that belongs to them. Of course, the success rate is not 100%, and some are only 70%, but they can make a profit based on this and survive by trading for a living.
5. The role of technical analysis is extremely limited
A trader who has been in the industry for ten years told me: "I am looking at the technical graphs of foreign exchange, and when the opportunity comes, I will rely on technical analysis to get out of the whole position." After listening to him, I said to him, the technical analysis you believe in Is it different from others? Don't "tired" technical analysis. He said: "What's the matter?" I told him that selling out of a full position, half a position, or even waiting to see if a position is not sold out is a matter of trading strategy, which does not belong to the category of technical analysis. Your full position is determined by your trading strategy, not based on technical analysis, which does not have this function at all.
We traders often make common-sense logical errors. Trading in this cognitive state is chaotic and impossible to succeed. Technical analysis is not omnipotent in trading, and its role is extremely limited. The fundamental difference between winners and losers lies in trading strategies, including risk control and fund management. It's just that immature traders who are obsessed with technical analysis have not yet realized that trading ultimately depends on the depth of trading strategies such as risk control and fund management.
6. The faithful implementation of fund management is the sublimation of trading status and spiritual realm
Trading can sometimes feel like a game of leverage and money management, greed and risk control, emotion and trading strategy. Those who can carry out the transaction to the level of fund management will undoubtedly be the winners. Even if they pay attention to and pay attention to fund management, it is also the sublimation of the transaction state and spiritual realm.
Futures jingle: light warehouses take advantage of the trend to make swings, and they are content with expensive things. Breakthrough articles Sideways breakthroughs must be followed closely, and the breakthrough price should be used as a stop loss. Once the trend changes, the backhand is resolute and the false is true. In the long run, it depends on the weekly and monthly line, and the inflection point intervention is the key. When the trend is formed, it is not easy to change, and when there is wind, we must sail to the fullest.
Investment is a long-term solution, not overnight, so don't rush it. Even if you lose money now, there is nothing to be afraid of, as long as you make the right choice, you will get back what you lost. Smart people always go together, only by grasping the opportunity to make orders and grasping market trends can they be victorious in all battles. Regardless of success or failure, let us understand that life requires a good attitude.
Add
