Hello everyone, I am God of Wealth Youdao, and today I will talk to you about Nine Changes. This article mainly explores how a comprehensive understanding of the pros and cons can affect the victory of war. Sun Tzu pointed out in the article that only by comprehensively analyzing the pros and cons, can we see the unfavorable factors in a favorable situation, and the favorable factors in an unfavorable situation. Based on this, taking corresponding strategic actions can threaten, confuse, and defeat the enemy. Next, I will select the part of the abstract that is useful for trading to talk about my thoughts on what it brings to me in trading.
The road is not controlled, the army is not attacked, the city is not attacked, and the land is not contested.
This sentence tells us that when we are fighting, some roads cannot be walked, some enemy troops cannot attack, some cities cannot be occupied, and some areas must not be contested. Trading is like war. Which paths should we not take in trading? I think there are three main ones:
The first "Unfinished Road". We know that if we want to go from one end to the other, there must be a road to pass through. Of course, there is no road. Rebirth, the road with countless unknown risks can come to an end, I am afraid no one can predict it. A successful trader must go through various systematic theoretical and practical studies before he can finally succeed. However, in real life, many traders have not read a complete book, and most traders have not read a few books. In this book, there are only a handful of people who can carefully read a book and keep pushing it in and out, and most of them read technical books. We do not only need to read macroeconomics, such as monetary economics, geopolitics, etc., of course, just reading these is not enough. There are many knowledge points involved in the article, which need to be thoroughly understood, and there will be special books to explain, such as geopolitics To learn, you must be proficient in at least world geography, political science, history, etc. So this is a very hard job. In addition, we also need to read technical analysis books, such as common moving averages, MACD, Bollinger Bands, RSI, and some shape books such as K-line patterns. In addition, there are some books on psychoanalysis and psychophysiological adjustment that must be read. why?
The fact that the first market is driven by funds reflects the game psychology of both long and short sides. Accurate psychological control will play a very beneficial role for short-term and mid-term traders. Compared with the generalization of technical analysis, this technology The fewer people who use it, the better. Of course, the successful application must also be combined with technical analysis and some other analysis techniques such as cross-market analysis. Whether it is macro analysis, morphological analysis, technical indicator analysis or other analysis methods books, as a trader who wants to inspire and succeed, he must endure loneliness and endure hardships to learn these knowledge systematically, and constantly test and feedback in practice to finally serve Use it yourself and form your own trading system.
Second, it is very difficult to achieve stable profits in trading. Frequent trading losses will inevitably cause our emotions to fluctuate greatly and have a great impact on our psychology. Therefore, investment psychology books must be studied. We must not only understand the reasons for our fluctuations in our hearts, but also know how to effectively solve these problems. In addition, long-term work pressure and sitting in front of the computer staring at the disk must relieve our body and mind to a certain extent. Therefore, we must learn and practice some training methods to help relieve our emotional and physical fatigue. This learning process is like building a road step by step, and one day you will learn something. Even if the ending is not good, the benefits of the whole process will also affect your future career.
The second is to look at the "unclear road". In the real trading world, there are many times when we can’t see the trend of the product clearly. For example, during the Asian market, it fluctuates back and forth. In the early stage of the European market, it feels that it is slowly moving towards today’s trend. But when the European and American markets are about to alternate The opposite trend occurs. When we think that the US market will continue the current trend today, but the market will reverse after a while, so it is very difficult to control the whole transaction. Therefore, when we are familiar with a product, its operating trend is beyond our cognition, and it is best to quit and wait and see.
The third is "a road with a long history and potential safety hazards". Financial speculation trading, no matter how good your trading system is, cannot always be stable and effective in this complicated financial world, so when our system is very unstable for a period of time and causes serious losses, we should start again Examine your own system. At this time, we should calm down and detect where our system needs to be modified. After the modification is completed, we should continue to test the new system and we should temporarily put the transaction on hold until there is no relatively long-term successful sample detection. Do not rush Enter the market and make money.
When is it not suitable for us to place an order in the transaction? The Asian market is relatively light, mainly due to the adjustment of the next day's market, so the trend cannot be seen clearly due to the back and forth oscillations, and the amplitude is narrow, and the profit is microblogged and it is easy to lose money. In the European market, the fluctuation of some European currencies is a little larger than that of other currencies, but the entire currency system is only more volatile than the disk, so the profit margin brought by the limited volatility is insufficient, and some currencies fluctuate back and forth. You can't see the trend clearly, so it is also a very easy time to lose money. Therefore, these two periods are not conducive to trading, and more research should focus on news rather than trading. Compared with the other two periods, the U.S. market is very good in terms of liquidity, continuity, and stability, so overall, the U.S. market is our best choice. Of course, we must take precautions, especially when encountering We should keep a close eye on the data market in case the market reverses violently.
Therefore, the worries of the wise must be mixed with interests, mixed with benefits to be reliable, mixed with harms and troubles can be solved.
This sentence tells us that as a general, we must figure out the stakes when considering issues, and consider unfavorable factors in favorable situations, so as to avoid some losses. At the same time, we should see the positive side in an unfavorable situation, which may bring about a turnaround. Here I will give two examples that everyone is very familiar with this year. The first is crude oil. In recent years, the lack of economic growth momentum has led to weak demand for crude oil. Unfortunately, the economic recession caused by the spread of the epidemic around the world this year has exacerbated the weak demand for crude oil. Coupled with the manipulation of some short-selling institutions, crude oil The emergence of the black swan event has caused great fear to the entire financial circle and caused huge losses to the majority of investors and friends. At this moment of great panic, some friends saw the opportunity to backhand and make a lot of money this year. Although the profit is much less than that of the bull market, it is still a very considerable income. Another example is gold. In fact, when gold reaches about 2,000 ounces, it can be roughly predicted that the rise of gold will be limited no matter from the macro, meso, or micro perspectives. In the subsequent backtests, there are still voices in the market and the majority of retail investors Investor friends think that it will continue to rise sharply, and even some institutions think so. Whether it is a real belief or for other purposes, in fact, at such a time, we should use the reflexive theory to withdraw from the sidelines and carefully study the fundamentals to prepare for short selling instead of High chase more. The surge in gold this time was not caused by the economic crisis. Since the currency attribute is the most important attribute affecting the direction of gold, this surge will not last for a long time. Judging from the current situation, the downward trend of gold is undoubtedly affirmed. Because the current market is no longer sensitive to the fear of the epidemic, and the effective research results of vaccine development will to some extent enhance investors' confidence in the economy. But after all, the epidemic has not been effectively controlled in many countries around the world, vaccines have not been widely used, and the power of the US government has not yet been handed over. You should pay attention to some potential risks.
Finally, what I want to share with you here is that everyone should understand the learning and practice of the trading knowledge system before the transaction. The internal and external inspection is undoubtedly very important for the success of the transaction in the future. In addition, when should you observe and learn more instead of placing an order? We must also be aware of transactions and be strict with ourselves to avoid unnecessary losses to ourselves. We should weigh the pros and cons at any time, and only when the pros outweigh the cons can we give it a go, so that we can succeed with a high probability.
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