1.80% must make a profit, or you will regret it.
In the process of futures trading, when there is a profit on the book, only by closing the position can the profit really become a real profit. It is often said that you only need to make a profit of 80%. When the book profit reaches 70% or 80% of your own expectations, you should withdraw from the profit. The remaining two or three grades should only be given to others. Doing futures requires this kind of calm, generous and free-and-easy mentality. If you insist on doing this, it is also a good way to avoid stubbornness and cultivate the habit of letting you go. Besides, no one knows what the market will be like tomorrow. If you don't close your position in time, the market is likely to quickly change in a direction that is unfavorable to you, even reaching or far exceeding the position price. At this time, regret is hard for one party, but it is useless.
2. When hesitating, make a profit and close the position by half.
When the position has a book profit and you don't know whether it is profitable or not, you can immediately close half of the position and make a profit, leaving the remaining half in the market. In this way, there will be no regrets when the market is more Shanghai or more down.
let the chance slip
Because of sheer greed and willfulness, bears missed the opportunity to make a profit at a low price, or they missed the opportunity to make a profit at a high price, thus losing rare gains. Most speculators fail because they missed the opportunity.
The greater the fluctuation scale of the market, the more drastic the price changes when it approaches the peak or bottom. In order to get the maximum profit and the ideal price when the final price changes most violently, or get carried away by the previous accurate forecast, we should abandon the old adage of "80% will earn" and "two regrets", and the more speculative and blind we are in the market, the more opportunities we will miss.
4. Set stop loss point and profit point
The so-called stop loss point is to stop loss and control the loss to a minimum. Set the loss amount at the beginning, and quit when it is reached. Or when the price changes in the direction of increasing its position loss, it will automatically withdraw at a certain price. The biggest advantage of this approach is that it can avoid short trips, leave lasting regrets, and preserve strength. Stop loss is a valuable means to control risks, but we should pay special attention to the following three points. (1) The price setting of the stop loss point is unrealistic, and it will be even worse to execute the stop loss during the temporary adjustment of the rising market or the temporary rebound of the falling market. (2) There may be many people setting stops at the same price. Because of these large stop-loss orders, the market sometimes rises more violently. (3) Once the price of the stop loss point is determined, it shall not be changed at will.
5. Cut positions by thousands of dollars.
Being opinionated and going its own way in the market is the most serious cancer. When there is a book loss in the position, and it is expected that the loss will increase, we must be brave and decisive to judge and cut the position. Minimize losses and reserve funds for re-entering the market.
Especially when you are unlucky, it is very important to cut positions, so you should understand it with an open mind.
6. Backhand trading
Backhand trading refers to re-establishing the opposite position after all the positions currently held are closed. Closing all the short positions now and then buying them back into the market is called backhand buying.
There are two situations in backhand trading. One is to close the profitable position on the book and make a profit, and then establish the opposite position. Earn profits again by changing the market in the opposite direction. First, after reducing the position of book loss, backhand enters the market to make up for the loss. Backhand approach, most backhand approach is the backhand of loss position.
Backhand trading as a futures trading tactic is a big move. If it succeeds, it will be a very beautiful and decisive move. Of course, the risk of failure is also great, especially there are many examples of failure in backhand trading of loss positions. To the point where I had to go to last stand, it was undoubtedly because I was afraid of making mistakes in prediction, and I was impatient because I was mentally hit. Therefore, my judgment on the market lacks accuracy, and I am only worried about making up losses quickly and making profits early, either buying in the market that has risen to a considerable extent or selling at the bottom, and I am in trouble.
7. Touch the market with small positions
No matter what the occasion, a 30% rise in the market can be judged to be close to the peak. On such occasions, short the market with small tentative positions first, and carefully observe whether the market is as close to the peak as predicted.
If this small position does not make money, it should be judged that it is far from the peak, and shorting must be carefully controlled. However, if this small position is gradually profitable, it should be regarded as an opportunity to short and take the tactics of selling in one fell swoop. In short, if you have a short position, you should try shorting a small position to see if it almost starts from the peak.
It is very important to observe the market situation through trial positions, which is only unfair to the novice futures, and it is necessary for speculators to do the same.
8. Small positions are easy to succeed and big positions are easy to fail.
Without considerable financial strength and absolute grasp of the market, it is risky to build a large position. Small positions are not only easy to lighten up, but also easy to enter the market with backhand. It is difficult for a big position to do this. This is the fundamental reason why small positions are easy to succeed and big positions are easy to fail.
9. The risk of segmentation method is small.
It is foolish to think that the bottom is the bottom, and it is necessary to buy futures contracts in large quantities at one time. This is division. There should be room for funds, full trial purchase, real purchase, and the investment fund limit should not exceed one-third of the prepared funds.
If it is really the bottom, there is nothing wrong with buying it all at once, but if it is bought at a high price, it will lose all the gains and even lose everything. If you think you have only one chance, it is easy to become gambling. The market is full of thorns, especially at this time, it is easy to buy at a high price and there are more opportunities for failure.
On the contrary, if you buy in two or three times, even if the idea of the first time is wrong, the loss is limited, and there is a chance of success in the second and third times, so the risk is correspondingly reduced. If you succeed at the beginning, then of course you can continue to buy in the market with confidence and boldness.
Segmentation methods include pyramid, inverted pyramid and diamond. Here is a brief introduction to the general "pyramid type". (1) If, contrary to the forecast, the market moves in the opposite direction to its own position, then the position of the most advanced market will be cut off. (2) Even if the initial position fails, there is still a second and third chance of success. Like the loss plus code method, while waiting for the opportunity, adjust the average value of positions to a more favorable position for yourself. (3) If the initial position in the market is right, then add positions in the market to make more profits.
There are many benefits of segmentation, and the most important thing is to spread risks, so there are more corresponding chances of success.
10. "Pingnan" and "losing money to increase holdings"
Difficulty is the difficulty of disaster, which refers to the loss, such as holding a loss-making buying position, by continuing to buy at a low price to reduce the average price of the loss-making position. The average loss is called the flat-difficult warfare. It is predicted that the market will not fall below a certain point, or even if it falls below for a period of time, it will definitely return to this point in the near future, and it will rise far above this point. Then pay the broker the price limit in advance. The price below this point continues to buy, which is called the flat-hard-to-fall buying method. On the contrary, it is difficult to rise and sell. In the case of falling buying, the initial buying order is tentative, and the position is not easy to be too large. With the continuous decline of the market, it is an ideal method to gradually increase buying positions.
Pingnan warfare reduces the loss of each position, but because the short position is fan-shaped, the total loss of all short positions will reach a huge amount, which will become a great burden when the market forecast is incorrect. Therefore, without sufficient funds, success is hard to expect.
There is a method of MARTINGACG, which doubles the amount of gambling after losing and finally wins. It is called "Beiping Pingnan" in the market. This method is ok at first, but if it fails, it will lead to irreparable results.
1 1. "Two-way positioning method" and "closed positioning method"
The "liquidation method" refers to the method that one's position loses money because of a wrong forecast, and in order not to suffer more losses, one temporarily establishes positions in the market with the same number and the opposite direction as those that entered the market at the beginning, and closes the position at an appropriate time, leaving the other party's head to make up for the loss, thus turning losses into profits.
This is to insure your position, which is purely speculative. There are two differences from the usual hedging: ① the predictability of futures is guaranteed by the same futures; 2 If the initial position does not lose money, there is no need for insurance.
In the case of "closed position method", it must be noted that the motor in one position is removed. If it is disassembled incorrectly, it will become the so-called "double-lost two-way position". If it is not in a very special occasion, the book profit position should not be removed, leaving only the loss position. This is an opportunistic method. Generally, the loss position should be cut off first, and the profit position should be left on the book. This is because the loss-making party is essentially contrary to the current market direction, and it is wise to deal with this position as soon as possible. The profitable side of the book is in line with the current market fluctuations. Staying in the market has a greater chance of getting it. In order to get the ideal result of "less losses and more gains", it is very important to open the position like this.
12. Open position is also a risk.
Open position is also a kind of risk, which is difficult to realize when futures are quite prosperous or lucky. Just like "no one knows tomorrow's market", a smooth position today may be different tomorrow, and the market may reverse. There is no doubt that the position of 100 Zhang Shuncheng is more profitable than that of 10 Zhang Shuncheng. Can be shipped in turn. One hundred positions against the market are ten times more valuable than ten positions against the market. If the situation continues to deteriorate, the increase in the loss of 100 positions against the market will be amazing compared with 10 positions. If the loss reaches a certain level, it will also involve additional margin or forced liquidation, and the result is unimaginable.
Therefore, before entering the market, we should fully consider our own financial strength, don't put all your eggs in one basket, carefully study the market, study the "trial position method" and "segmentation method", and strive to make money from small positions.
13. The variety of positions and the number of contracts should not be too much.
People's energy is always limited, and there are at most three kinds of goods that can be handled seriously at the same time, that is to say, it is best not to hold more than three kinds of goods. Variety for a long time, seemingly staring at every commodity, in fact, their subtle and meaningful changes have been careless or insufficient, and when they react after many changes, the opportunity has passed, leaving only regret.
Similarly, don't hold too many positions in the same commodity. The number of contracts increases and the price fluctuates violently. Sometimes you don't know what kind of contract to deal with. Not only can you not earn the money you should earn, but it will also cause a lot of unnecessary losses after a long time.