The Death of Trading | 7 Ways to Win Futures (10 Years of Trading Experience)

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fengyunjihui

The Shang of the transaction, "Shang" explained in Chinese, means those who died in infancy or died in the war for the country. In short, it is the most tragic and heroic thing in the world.

Futures trading is similar to a popular online game called "PUBG Mobile". Players in the game kill each other under specific rules until the only survivor is left.

Futures trading is such a dangerous money game. The cruelty of this game is incomparable to an entertainment game, because it affects the life of the participants.

Successful traders, they make a living by trading, can listen to their hearts, and can do whatever they want to the maximum extent. For them, wealth is just a change in numbers. This is a portrayal of their life, which is extremely beautiful and attractive!

However, for the vast majority of people, the opposite is true. There are countless opportunities flashing on the computer screen, but when he reaches out to grab them, the result is a loss. When he tried again, it turned out to be a more serious loss, year after year, struggling, paying precious youth, a lot of money, even family, love... Daily tension, anxiety, greed, fear , shrouded from time to time, living a life like purgatory, in the ten years of futures trading, I have come into contact with hundreds of speculators, large and small, and I have really made a lot of money from this money game, and finally the successful transaction The number of speculators is very small, and it is difficult for most speculators to escape the fate of failure, "died halfway" and "final death in battle".

In the 1990s, Nobel laureate and Swedish economist Herbert Simon established the "rule of ten years". Its core is the "10,000-hour law", that is: to become a master in any field, it generally takes about 10,000 hours of hard work.

It's easy to say, "How many decades can life have?" Ten years of precious youth, money, family, love... Ten years of tension, anxiety, life is worse than death...

Every time I think about it, I can't help but burst into tears. Therefore, I have always had a wish, hoping to do something for friends who are new to trading, to help them reduce some suffering.

The best advice about futures trading is to stop before you start. Every participant must have a clear understanding of this. The futures market is exactly what "Sun Tzu's Art of War" said, "the place of life and death, the way of survival, must be observed"

However, once you set foot in the trading market, my advice is:

First, understand the market, understand the nature of the market and transactions.

Second, know human nature and know yourself.

Third, self-cultivation, long-term and constant strengthening of executive power.

First of all, understand the nature of the market. The market is a chaotic system. At first, you will pursue certainty in the operation and changes of the market. Slowly, you will realize that the future trend of the market is essentially impossible to be accurately predicted. Therefore, we give up the pursuit of certainty and pursue the trend. The trend of market operation has a strong commonality with the traditional Chinese Yin-Yang Tai Chi culture. Understanding Tai Chi and experiencing the Yin-Yang conversion of market changes can help us understand the market dynamically. The change. Shift our attention from the pure K-line or a few technical graphics to the changes in the main funds. It can help us understand the nature of market price operation.

At the same time, only when you realize the unpredictability of the market, you will establish a strong risk awareness. This strong risk awareness can help you improve your stop loss awareness and fund management awareness, which can effectively help you fight against the weakness of human nature. .

Second, know human nature and know yourself. Understand the greed and fear of human nature, and realize that the futures market is a money game set up for the weakness of human nature. Based on the weakness of human nature, the vast majority of market participants can only provide liquidity for the market. This ending is human nature It is determined that this is the theory of evolution, an objective law, and the only way out for all participants is to "evolve themselves" to change human nature.

Again, based on the above understanding of the market, trading, and human nature, you will realize that your ability is limited for the market, and you will understand and define your circle of competence, and then establish your own trading system, formulate trading rules, and trading principles , Long-term firm execution, continuous practice of your humanity, practice of your trading, only in this way, you will slowly embark on the road to successful trading.

Futures trading is a cruel money game. The essence of winning in this game is the following aspects:

First, look at the overall situation, that is, take advantage of the trend. Comprehend the yin-yang transition of price operation, and follow the trend of the cycle you can control. In the current market development, trends often exist, and trends are closely related to time frames. For example, a weekly k-line contains a lot of hourly levels trending quotes. We must choose a cycle that we can control according to our own trading system to operate with the trend.

Second, be patient and wait. This is the choice of opportunities. Subtraction should be done in the choice of opportunities. Choose valuable opportunities and choose opportunities with a high profit-loss ratio. This is related to the trend of the larger cycle you refer to and the room for price fluctuations. For example, You have discovered the trend, but this is far from enough. The price fluctuates along with the trend, and there are always three elements: direction, amplitude, and center point. We have to wait for opportunities at both ends of the volatility, and we have to go through the screening of time, time is the moving average and shape. Only when you have a deep understanding of this can you wait effectively and clearly.

Third, meticulous and precise. That is, the grasp of the entry point and the exit point, the relative certainty of the entry point, and the profit-loss ratio of the entry point are closely related to the time element and the space element.

Fourth, compare courage and insight. Don’t hesitate when an opportunity arises. This is related to human nature, and to the understanding of the market and human nature. To survive in the trading market, you must be willing to set up your own trading system according to your own ability circle, and then use the system signals to trade Rules, tabulation, programming, eliminating choices, and increasing execution power must be fully aware of the fear of the market, but the execution system must be fearless.

Fifth, establish the correct way of thinking about trading. To respect the market, the market is always right, not to be an enemy of the market, to have a deep understanding of the profit and loss philosophy, to make a profit without losing money for a long time, to be willing to be willing, to drink only a spoonful of the surging river.

Sixth, willpower. The attitude towards shocks after holding a position, in the case of relatively high profit and loss, you must take orders calmly, not be moved by market fluctuations, and last for a long time to ensure account profitability.

Seventh, have a good attitude and be calm and calm. Don't be dissatisfied after the loss, don't try to make the market return the loss immediately, and don't try to retaliate against the market. Don't be proud after making a profit. The money earned by the market is the easiest to return to the market. When a mature trader is trading, if two people are one, one person sits, one person observes, and observes oneself and is righteous. Observe your emotions, state of mind, etc. all the time.

The above is the insights and gains of a ten-year trading veteran who was lucky enough to survive in the market. I hope it can inspire those who are destined.

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Last updated: 09/05/2023 07:23

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