Why did Lee Vermeer, the master speculator, finally shoot himself? His life is scattered all over the place. He created too many life legends and accumulated amazing wealth, which made us later speculators worship him and even put him on the altar. However, later he went bankrupt and chose to commit suicide, which made us followers lament and feel depressed. It is always stuck in our throat like a thorn, leaving an indelible shadow in our hearts. Why Li Fei Moore's life is so bleak, of course, there are many reasons, such as conceit, no stop loss, gambling and so on. But there is a common feature behind these behaviors, that is, they did not leave a retreat for themselves and pushed themselves to the edge of the cliff.
Why do many people fail even if they succeed for a while? It is not because their wisdom is not high enough, their knowledge is not profound enough, their strength is not strong enough, and their experience is not rich enough, but because from the beginning, they are unwilling to leave a retreat for themselves. We often say that Chu Bawang's "cross the rubicon" smashed the pot and sank the boat, and did not give himself a retreat, so that Chu Bawang's army did not hesitate in the deep heart. They understand that only by bravely killing the enemy can they have a chance to survive, and their inherent potential has been fully erupted, and finally they defeated Qin Jun, who was much stronger than themselves. To this end, we often praise "cross the rubicon", we don't give ourselves a way out, and force ourselves to exert our potential ability. Of course, there is nothing wrong with "cross the rubicon". In practice, in no way back, "cross the rubicon" is undoubtedly a good way to gamble, at least it can improve the probability of victory. However, we should also know that "cross the rubicon" is not necessarily a victory. The art of war of Ma Su's Lost Street Pavilion is also "cross the rubicon", and the ending is "Zhuge Liang tears Ma Su". The victory of "cross the rubicon" is conditional and extremely harsh. People who have a little idea will not "cross the rubicon", because the original intention of "cross the rubicon" is to put all your eggs in one basket. To speak vernacular is to bet on a big one. If you win the bet, of course you will get rich. If you lose the bet, burn everything and make a comeback. In the Battle of Julu, the overlord of Chu succeeded in "cross the rubicon", but he seldom used it again, because he wouldn't cross the rubicon unless he had to. He knew that once he failed, he would have no chance to turn over.
In market speculation, there is no room for "cross the rubicon", and black swans will inevitably appear, leaving a way out for themselves. Because the speculative market is a probability market, any probability will happen, no matter how small the probability is, it will happen. The so-called black swan is a very unlikely thing, but it will definitely happen. Because you trade many times and trade for a long time, although the probability is small, multiplying by the total number of times you trade also determines the inevitability of the black swan outbreak in your trading. We often say that even if you make a profit for 99 times and don't stop at the100th time, you lose the whole game. No matter how much you earn or win, as long as you don't leave the futures market, once you "burn your bridges" and meet a black swan, it will also fall instantly. Such cases can be said to come at random in the speculative world, and there are too many.
? So how do you get a chance to stand up when you are temporarily defeated at a certain moment? That is to leave enough capital to stand up. In the management of futures funds, it is to operate as lightly as possible; In every operation, you should be prepared to make mistakes, so you will intentionally or unintentionally set a clear stop loss. Many people think that only stop loss means denying themselves, and few people can deny themselves, because stupid people always think they are the smartest one. In fact, denying the wrong self is not contradictory to success, on the contrary, it will play a positive role. Only those who dare to deny themselves and face up to their human defects can become stable and long-term winners and winners in the market. Most successful people have similar thoughts and temperament, such as perseverance, determination, profound thinking and decisive action.
Not everyone can talk endlessly, because first of all, you must have real talent and practical learning, and then you can be as talented as a spring. A great trader must finally be a philosopher who knows the way of life! Because only with rich practical ability, it is possible to flash out so many ideological sources that future generations can produce * * *. Leave yourself a way out, leave yourself room, and give yourself a chance to make a comeback. This is the grand philosophy. The so-called "staying green is not afraid of burning without firewood" is a classic summary of ancient philosophy.
When people are alive, the meaning of the ending is usually more important than the process. Always leave yourself room to live. A person's life is doomed to ups and downs, and a smooth life may be hard to see. Even if there is, he is also a person without profound thoughts, because thoughts come from practice, and practice is bound to be bumpy. As long as you have a plan and leave room, you won't care about the ups and downs in the trading process, because every fall has a chance to start again. Only when your life disappears, is it the moment to really make the final conclusion, and it is also the moment when the trading career can come to a successful conclusion.
Of course, "cross the rubicon" in life transactions may be inevitable, because people's greed will always tempt them to make "cross the rubicon" actions, such as Man Cang's operation, gambling does not stop loss, and it is difficult to avoid the fate of being hit hard or exploding in extreme situations. The key issue is that due to the large number of transactions, the trading time is lifelong, and the fate of this short position is doomed to happen. So leave some room for yourself, and you will have a chance to make a comeback.