Stanley kroll, a famous American futures expert, 1960 walked into Wall Street, a global financial center. During his 33 years on Wall Street, he has been engaged in commodity futures trading in the futures market and accumulated a lot of experience. During the skyrocketing commodity futures market in the early 1970s, the profit was $654.38+$800,000, and $654.38+$800,000. With the passage of time and the accumulation of wealth, Stanley Crowe took the millions of dollars he had gathered on Wall Street, stayed away from this highly competitive market, roamed the world and enjoyed life alone. During his five-year tour, Stanley kroll devoted himself to the study of economic theory, finance and investment theory, and published five monographs successively, the most famous of which is kroll on Investment Strategy.
198 1 year later, he returned to wall street and gradually turned his attention to Asia, because he believed that 2 1 century would be the financial century of Asia. He came to Hong Kong Investment Company in 1990s and went to Beijing as an investment consultant from 65438 to 0998. He believes that Asian traders have the potential for success, enterprise and courage, and may be the best traders in the world. However, they also have shortcomings that need to be overcome: when the market reverses, they still tend to stick to their positions and refuse to stop losses.
Today's market is different from Crowe's heyday: new financial instruments are constantly emerging and gradually maturing; Computer trading system is widely used; There are all kinds of new theories and technologies on the market. Cropper is not old, but he still keeps absorbing new experience and technology, tries to keep up with the pace of the market and starts a new stage of his trading career.
His successful experience in futures investment first emphasized that the futures market is like the virgin forest in Africa, and the most important thing is to survive. When judging the trend error, lighten the position immediately. Risk control and restraint is the key to the success of futures investment. Friends who participate in futures trading must always remember that the market is always right!
He believes that everyone should have their own market ideas or investment strategies, and should have tools or ideas to control risks. His tool or idea of effective risk control is called Murphy's Law. The core meaning of Murphy's Law is that when you are worried that things will be bad for you, the result is likely to be worse than what you are worried about.
Crowe's most famous sentence: only by thinking about losses at all times can profits take care of themselves! Crowe's idea is mainly realized by technical methods. His motto is: kiss (keep it simple and stupid)-pursue simplicity.
Investment strategy and theory: profit is long-term and loss is short-term. He uses many but very simple technical operations, sometimes as simple as using only one moving average.
Specific practice: pursue long-term trend investment, buy up and sell down.
Views on investment tools: It is very useful to reread long-term charts (weekly and monthly). The observation of long-term trends has enabled Crowe to have a more balanced and comprehensive understanding of market activities.