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Teacher Zhang: the trading concept of BT in futures market
For an excellent trader, the technical index of being hurt again is not as powerful as the K-line chart. Some large-scale technical figures, such as triangles, heads and shoulders, domes and bottoms, often have unexpected effects once they are formed in daily cycles. Once the large-cycle technical figure is formed, the trend must be completed and the main force cannot be changed. The only thing it can do is to create an illusion and influence you to follow the picture.

If the weekly line forms a triangle and breaks upward, then no matter how the daily line is tossed, it will eventually serve the weekly trend. This greatly improves the operability and allows you to play cards in daily transactions. Play cross-cycle, as long as the big cycle is judged correctly, the short cycle can call the wind and rain, and no one wants to lie to you. Moreover, we know that the longer the cycle, the more reliable the form, which in itself is a transaction with a high winning rate.

Cross-cycle is a means to generate huge profits. The difficulty of cross-cycle is that you can't confirm what the current trend is, and the conclusion that large K-line graphs are generated in large cycles is very reliable, which solves this problem that bothers you. Only the big K-line combination can be effective, such as cross star, pregnancy line and dark clouds. Three or four K-line graphics are basically lying to you, no discussion. Relying on these as the basis of your trading will basically be killed, which is also the macro thinking of futures trading and has great tolerance.

My trading idea is very BT, and the core idea is three: 1. Technical analysis market will play with people; 2. Reduce transaction costs (handling fees, opening positions, etc.). ); 3. Stop loss. Personal trading strategy, very simple, the core is not to break the previous high, not to break the previous low, shock breakthrough. These are all skills, nothing, there are few market positions, and they are all pending orders. Because the market will fool people, it will inevitably lead to a large number of bulls or bear trap. Using these traps will reduce the cost of your position. This is crucial. The better the price, the safer you are and the less you need to be afraid of anything. Stop loss is the final bottom line, and any technical analysis method is playing with probability (nothing more than high probability and low probability), so wearing a condom is safe.

How to find the trend? What you use to cut cakes in the market determines how you identify trends. There is no standard answer to this question. For example, some people think that on the weekly line, the 5-week moving average 10 is a short trend, and the golden fork is a long trend. Within his framework, the market was carved up by him. Another example is to use the 20-day moving average to divide the upward trend and the downward trend. A higher-end approach, that guy just needs to look at the K-line chart to know where the focus of market trading is, and he can completely follow the trend by taking a dense trading area as a position for long-short confrontation. But in any case, don't try to sell to the highest and buy to the lowest, which is simply a legendary thing. What is a simpler trend is a trend that everyone can see but is ignored. The upward trend is that the callback is low before breaking, and the downward trend is that the rise is high before breaking. A nonsense is also truth. Trend is such a feature, and it is also the most obvious feature, no matter on any periodic chart. When we use those tricks to guess the market, and when we use those gorgeous technical indicators to predict the future, we might as well take a closer look at Dow's theory and learn the law of 123, which is extremely lagging behind, but extremely effective. Reduce your position, or patiently find a more favorable opening price and hang an enlarged stop loss. Then go fishing every day. After a while, you will find that you will earn more money, provided that your money does not affect your life. No one knows what didn't happen, a consolidation range, who knows which way it will take before it breaks through, even if it breaks through, it can rise and fall, and fall below the rise. It's useless to use those technical analysis methods.

Livermore said that I make money because I can sit still better than others. This is the naked analysis of futures trading. In this game, you can use the losses you know to bet the profits you don't know. Many times, you really need to sit down.