On the way forward, investors will constantly encounter confusion and confusion, and these confusions and confusions themselves will urge everyone to keep learning. Therefore, investors' desire to learn has always existed, and the instinct of making profits will urge us to keep learning. The crux of the matter is: learning futures is not easy, and its difficulty may be no less than the difficulty of trading profits. This kind of difficulty makes many people forced to persist in learning for a period of time, and then they are in a state of letting nature take its course for a long time, so it is difficult to carry out further and deeper learning.
The knowledge of futures market is not too much. As long as you are willing to work hard, it is estimated that you can learn futures knowledge in a year or so. Therefore, the introduction of futures is very easy, but this is only the initial stage of learning. After completing this preliminary study, many people come to the conclusion that futures are easy to operate, and then start trading in the market. As a result, it is conceivable that losses followed, and he found that there was still too much to learn in the real transaction. This will enable investors to quickly enter the second stage of learning: the confused stage. At this stage, because investors find that there are too many things to learn, they don't know what to learn. It seems that everything needs to be learned, and it seems that it is useless to learn anything. Most investors can't get through this stage and are eliminated by the market. The investor who can survive this stage will enter another state, and he can form his own trading concept, his own trading model and even his own trading philosophy.
in other words, his thoughts and transactions have formed a system. However, investors who enter this state can only make profits in stages, but they can't make profits continuously and stably. After the average person reaches this state, his motivation to study again will gradually lose, and he begins to cycle around his own system. He feels that he has understood the market: the market is nothing more. However, the market is far from "so much". His own system began to become a barrier to his further study. He began to close himself, deny others, and even laughed at the investors in the first two stages, unwilling to communicate with others. Indeed, there are not many people who can reach this stage, so he becomes lonely, and it is difficult to learn and make progress again. After investors reach this stage, they will all form their own systems: technical or fundamental, or policy-oriented, much like Wulin factions, which are light on each other.
However, the study of futures market really started in the third stage. The first two stages are equivalent to basic courses, and the third stage started to enter professional courses. The first two stages are all about learning knowledge, and the third stage is the beginning of learning skills. The learning of skills is endless, and the continuous improvement of skills is the basis for you to maintain profitability.
It is far more difficult to improve one's ability than to master knowledge. Profitability depends on ability, not knowledge, so you should understand why I said that the ability to learn is equivalent to the ability to make profits from trading. Ability can be divided into: the ability to analyze the market, the ability to understand the market performance, the ability to judge the market state, the ability to identify the leading factors affecting the market, the ability to interpret technical icons, the ability to formulate operational plans and the ability to implement them. Any knowledge, only through their own specific practice, digestion and absorption can be transformed into their own ability. At this stage, it is most important to keep an open and objective principle, which is also the principle that you can continue to learn and progress. The futures market advances by constantly breaking laws, rather than by establishing market laws, which is an important feature that distinguishes the futures market from other markets. The futures market can develop only by maintaining uncertainty, not by forming operational rules. The most interesting feature of the futures market is that the same information or trading tools will produce strange reactions in different people, and the same information or tools are not unique, correct or authoritative. Therefore, for trading, understanding and using information and trading tools is more important than mastering information and tools themselves. Mastering a lot of information and buying a lot of trading models will not be very helpful to your analysis and trading profit. The key depends on your understanding and application ability.
don't shut yourself up, don't imprison your thoughts, and be brave enough to deny yourself and your past wrong understanding. Denying mistakes means getting right. Through further study, what you get is no longer knowledge, but the improvement of cognitive ability, analytical ability and self-confidence, thus improving operational ability. After more than ten years' experience, I understand that speculators are buyers of market risks, buy the risks that are inevitable in social and economic activities, and achieve the purpose of making profits by operating and managing risks. We always can't grasp the market correctly, not because we are stupid, but because we are the buyers and undertakers of risks, and we are the role of paying for social and economic risks. However, society and enterprises have sold business risks to us. We take risks, more precisely, we generate losses, so as to resolve the risks of social and economic activities and maintain the normal operation of social economy. This is the essence of the futures market. In essence, individual speculators are equivalent to asset management companies, and they all make profits by buying risky assets, that is, you must have the ability to turn decay into magic. To meet this requirement, your learning path will never end.
in the third stage, the main way you learn is to practice and comprehend.
it is not only the practice and understanding of trading, but also the practice and understanding of life. You will realize that the market is actually a person. When you deal with the market, you are actually dealing with a person with deep connotation. When you have a new understanding, you will definitely have a new understanding of what you thought you knew completely, including the technical indicators, trading methods and analysis methods that you had denied. Everyone is contributing to the market, everyone is working hard for their own profits, and everyone has something to learn. At this time, your study is mainly to communicate with people, exchange ideas, experiences, experiences, and even personality. Don't confine yourself to trading and market learning, learn to trade by learning to run a life, and learn and improve by learning to get along with others and society. This is the root learning. Through this kind of learning, we can form an atmosphere, calm, objective, facing and calm. There is no need to say more about the importance of atmosphere, calmness, objectivity, facing and calmness for trading. This style can not be achieved through technical behavior, nor can it be achieved by improving your ability of forecasting and analyzing and fund management. Before 24, I didn't care about fundamentals. I thought fundamentals were useless. However, in 25, I found myself wrong, not because the fundamentals were useless, but because I didn't know how to use them at all. In 25, I operated several large-scale transactions through fundamental analysis, and the effect was far better than simple technical analysis. Fundamentals can analyze the market and get the entry range, while technical methods can be used to test whether this operation is correct, and technical signals can be used to control the risk of trading and the correctness of trading. And the correctness of the transaction can determine the scale of your transaction. This is really a very meaningful development for me. The re-understanding of fundamentals does not come from books, but from communication with enterprises. Communication with people is essentially communication with society.
So, once again, keep an objective and open mind, don't shut yourself off, and always keep curiosity and thirst for knowledge, so that you can get the motivation to keep moving forward. Strictly speaking, closing yourself off and denying others is equivalent to the end of your trading life. Any fluctuation in the market can find corresponding countermeasures, and the key is to look at your pursuit. Determining your pursuit determines your learning direction and motivation. The market is changing and the pursuit is improving, so you should never stop learning.
through continuous thinking and re-learning, I found that any trading tools and analysis methods in the market have their reasonable existence value, but they are all reasonable existence value, not absolute existence value. The market will always run under the guidance of these limited factors, but the leading factors that affect the market at different stages are different. If you close yourself and stick to a certain idea, you will be confused and lose money when the dominant factor in the market is not your acceptance and understanding. Not learning and not accepting other valuable things is equivalent to losing many market opportunities and the ability to understand the market. The market is very large, and the connotation will not change greatly, but the personality and expression mode often change. If you don't persist in learning and absorbing, you will eventually be eliminated by the market, no matter who you are.
Modesty, openness and objectivity are the principles of learning, but also the principles of trading. Being a man is like this, so is trading. Never stop learning.