Current location - Trademark Inquiry Complete Network - Futures platform - I read this in Gann's book, but I can't understand it myself.
I read this in Gann's book, but I can't understand it myself.
Because Gann is mainly engaged in commodity futures trading, these rules are not directly aimed at stock operation.

1. refers to the principal invested, and the futures market is bilateral, or both need to be invested with margin. Gann suggested setting 10% of the principal as the loss bottom line.

4. If you see the right direction and the account has a certain surplus, set your () break-even point as a stop loss to avoid turning losses into profits.

7. Active market refers to trading volume. Some markets or trading varieties have few transactions and poor liquidity. There will be risks if you participate.

9. When your position does not meet the stop-loss conditions, don't close the position casually without justifiable reasons, so as not to be affected by factors such as intra-day emotional fluctuations and disrupt the operation plan. "Take profit" means that you can set a profit target in advance, and when you reach the set target, you will close your position as planned.

15. The futures market can do the reverse operation as a stop loss during the operation. For example, 10 yuan places an order, while 9 yuan places an order. 9 yuan's order is a stop-loss order, and 9 yuan's price is a stop-loss price.

17. I know it's about futures, so you must have understood it.

19. Hedging refers to two transactions related to the market, with opposite directions, the same quantity and breakeven. The purpose is to reduce risks and lock in profits, which is not suitable for ordinary speculators who profit from the price difference.

2 1. In order to avoid the influence of market fluctuation, speculators operating in the futures market usually make operation plans in advance. Like long or short? What is the price? What is the position? How to stop loss? Take profit? What should I do if something else happens? Wait a minute.