Introduction: My father died of a brain tumor, and his family was poor and owed foreign debts. I am in grade one now, and I will give up my studies next semester because I can't afford the tuition.
I went to Fujian Dehua Ceramics Factory to make ceramics, and my life was hard. I live and eat with six or seven fellow villagers in a room of more than ten square meters.
Eat one yuan a catty of pigskin and wild bamboo shoots collected in the mountains every meal. Starting from scratch, after 12 years of efforts, it has now grown into the owner of more than 20 chain hair salons.
In 2003, he began to contact with stock investment and participated in futures trading at the end of 2009. 20 10 realizes automatic futures trading. 20 10 with a yield of 85%; 20 1 10 with a yield of 54.8%; The annual yield of 20 12 is about 67%, and the maximum retreat is 13.8%.
Figure: Changes of programming strategies in different periods.
In futures, I chose automation from the beginning, because there were experiments and I thought it was very risky to do futures, so I finally chose automation. From the end of 2009, stock index futures began to be done as soon as it was listed, and it has been done until now. This is the curve of an account with the longest data. For nearly three years, the curve came out. I think I really experienced a lot when I got out of this curve. Unlike some people, I have a lot of experience from the beginning, and I feel it step by step.
In the first stage, I just studied the programmed trading for five days at first, and then I came back with a very simple strategy. I'm bold. I started to do stock index futures as soon as they came up. The idea at that time was a single strategy, a single variety, and heavy trading. At that time, I used a very simple breakthrough strategy and started. At this stage, I found that within a week, the funds were withdrawn by 13.8%, which made me think deeply and felt as if it was impossible.
In the second stage, we began to make some changes, began to change, adopted multiple strategies and single varieties, and adopted profit plus. Because I only spent 0.2 million/200 thousand here to test the water. In this position, I added another 200 thousand. At this position, more than one million funds have been started. However, if it exceeds 1 million, as before, my retreat will be very big, so I thought of using different strategies. The strategy is divided into the first entry and the second entry, but my principle is to trade with the trend after increasing profits. But I am most concerned about the relationship between profitability and retracement, not how much money I have earned, but what is my biggest retracement.
In the third stage, I changed again, that is, multi-strategy and multi-variety profit jiacang. There is also a complementary strategy classification and homeopathic trading. In this position, I began to make goods. The whole market selected about ten commodities and used a simple strategy. The simple strategy curve of a commodity is ugly. I didn't expect to put in ten commodities and found that the combination curve was passable, so I went up. Later, I made a complementary strategy classification, that is, I divided this strategy into attack, neutrality and defense. When I attack, I may not defend. When all three of me are here, the market will be big, and I will control my retreat.
In the fourth stage, I began to make adjustments again, with multiple strategies and varieties to improve my profitability. After my understanding of the market was different, I began to make some changes in the method of adding positions. There is also a way to reduce positions by profit, increase positions and reduce positions, and improve market influence. I didn't feel this problem before. Later, it was found that the capital was a little bigger and the slip point became very big. The historical curve is completely different from what I ran out. The reason is that when we went in, it interfered with the market and touched me a lot, so I made improvements.
The fifth stage is now. This year I made a perfect, multi-strategy, multi-variety, lightening positions. These are all quoted in the previous stage. What I'm doing now is fine control of the entry and exit points. It may feel great to be programmed, but it is always a headache to face the slippery point. After I used a fine control of the entry and exit point, my slip point was reduced by about 50% because of this thing. Contrarian strategy, hedging trading, no longer taking homeopathy as the only trading concept. In the previous paragraph, I thought I was trading according to the general trend. Why did I come this far? Because the previous paragraph was too painful, the trend began to reverse downward as soon as it came out. I will consider adding some deterrent strategies. It should be said that this contrarian strategy has contributed to my overall performance. If I hadn't thought of shaking these curves, this curve wouldn't be like this. It should be down, consolidating here, not a new high. This reminds me that homeopathy is not the only trading concept. My current trading idea is based on the regular trend of a certain variety. For example, this trend is no longer as simple as before, and it is no longer silly to rise or fall. That kind of homeopathy may be easier to do, but now it often rises and shocks before killing, so it will adopt the idea of bargain-hunting and combine the trend.
To sum up, I went through five stages like climbing stairs, and my trading creed was written down when I first made this data. There are five points: first, I have expectations for the trading system; second, I simplify the trading rules; third, I use the same strategy combination to trade; fourth, I manage the funds safely; fourth, I execute them completely mechanically.
In addition, he believes that:
Doing futures is not about how hard you work (of course, hard work is very important), but about finding the right method.
Our products mainly include 10 varieties, including copper, rubber, zinc and rebar in Shanghai, sugar and PTA in Zhengzhou, soybean oil, plastics, palm oil and coke in Dalian.
My stock index is intraday, because the stock index is the most volatile variety in the current market. I take advantage of the fluctuation of commodities during the day.
I add and subtract positions. The general position is only 10%, but I will change according to the market. If the market is favorable to me, the maximum position will reach 70%.
First, use positions to control overnight risks. Second, use varieties to control overnight risks. Third, it is to control the overnight risk by the differentiation of strategies.
The biggest advantage of price-looking trading is that it can cope with sudden market conditions, while closing price trading has better filtering and smaller slippage.
Slip point is one of the biggest enemies in our business. If there is no slip point, we will write a model casually, and the performance will be beautiful (which is why many curves tested by in-day models are beautiful and the yield is high, but the actual operation is terrible, because the slip point, the shorter the short line, the more important the slip point).
Strategically, I think the best way to control retracement is to participate less in volatile markets and open positions in trend markets.
The only "free lunch" in this financial market is a multi-strategy, multi-variety and multi-cycle combination. I think variety is the most important, followed by multi-strategy and multi-cycle.
Finding a historical fitting value to adjust it will often bring people no return. It is very likely that you will continue to fall into the vortex of optimization and find that history is beautiful and the future is terrible.