Mr. Li, the grocer, left a different impression on the author. 18 years, he lost hundreds of thousands, but after finding the secret, he maintained a 40% yield for 13.
Annual income of 40% for six consecutive years.
Mr. Li used to be a worker in Chengdu Radio No.1 Factory. After he was laid off, he engaged in various businesses. After lighting a cigarette in the afternoon sun, Teacher Li recalled her futures career: "I started to make futures from 1996, and I first entered the market with the mentality of making a lot of money." I don't know that stealing chickens and not eating rice, hundreds of thousands of dollars earned by opening cold cups are all lost in futures, so my wife and parents scold me. Real money in futures is earned after 2002, and the annual income is stable at 40%. Once I earn 40%, I will definitely quit, and the profits will be used for consumption and subsidies for my family. "
Earn real money and make futures as spot.
For a long time, the impression left by futures is bloody and violent, losing money is the norm, and it is difficult for the futures market to make money. What is the secret of teacher Li's stable profit for many years? The most important thing is to treat futures as spot and cancel margin leverage.
Mr. Li's funds in the futures market are close to 6.5438+0.3 million yuan. Even if he opened a 30% position, it was not just an order, and the funds used were within 20,000 yuan. Regarding the author's question, he explained: "Because of the leverage of the futures market, it is easy to make money and lose money quickly. Before 2002, I often lost a lot because I saw the market clearly. The serious loss was related to every heavy start, and I placed hundreds of orders at a time. When the position is heavy, it is natural to be unable to withstand intraday fluctuations. After I figured it out in 2002, I made the futures spot and cancelled the leveraged trading. What are the benefits? There will never be an explosion. The total amount of copper in one hand is about 50 thousand yuan, and the capital of 6.5438+0.3 million yuan can only be used with two hands. In fact, I don't need 20,000 yuan each time. I set the stop loss point in advance, and I know how much I can lose before placing an order, and I know the risks. This is called practical things, real money. "
Speculation in futures, mentality first, technology second.
There has always been a rule in the futures market that seven people lose two people and one person earns. Teacher Li's skill is only medium among the old people and has no outstanding advantages. What's special about him?
Many futures people can do well in futures technology, the market is very clear, and the technical analysis is also very skilled, but the actual trading effect is not ideal. What is the reason? Teacher Li analyzed, "I think it is largely because I don't have a thorough understanding of my personality, mentality and understanding. But I only trade for the sake of trading. I don't know what kind of transaction I am suitable for, so naturally there will be no good results. "
Teacher Li's summary made the author feel deeply: "It's even more terrible not to see yourself clearly. In doing business for a long time, the mentality should be put in the first place and the technology should be put in the second place. First of all, don't be greedy, and second, be disciplined. The road is very simple, these old-fashioned topics can be done, and the futures market naturally becomes an ATM. "
Summarize Mr. Li's experience in speculating futures.
1. Once I earn 40%, I will definitely quit, and the profits will be used to subsidize my family.
2. Taking futures as spot and canceling leveraged trading will never break out.
3. Set the stop loss point in advance, know how much you can lose before placing an order, and be clear about the risks. This is called practical work, real money.
4. Being unable to see yourself clearly is more terrible than failure. In doing business for a long time, the mentality should be put in the first place and the technology should be put in the second place. First of all, don't be greedy, and second, be disciplined.