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"Seven-step Secret" for Successful Traders in Futures Market
Introduction to Futures-Seven Steps for Successful Traders

Step 1: Make a feasible plan.

This plan should be based on your own most familiar trading concept. Your trading philosophy can be fundamental or technical. But whatever the concept, it can't be perfect. Because of this, you need to do necessary tests on the market, so that you can establish the most basic confidence and ultimate belief that you will win in future transactions.

So you will find that the first step of successful trading law training is actually to let you know how your plan is realized.

Step 2: Establish a strong sense of responsibility.

You know, you are in a market environment where you can't control the situation at all. No one will care about your existence, no one will care about your thoughts, only you will care about yourself. Just like this, you must be responsible for everything that happens to you. The so-called "willing to gamble and lose" is just an exaggeration.

Explain that the so-called "gambling" is just your wishful thinking. If you firmly believe that the market will work according to your wishes, and you pay an irreparable price (lost opportunities or lost money), then you can only admit that you are unlucky and you can only be responsible for everything. Only by taking responsibility can we really make a decision.

Step 3: Find your weaknesses and turn them into profitable advantages.

Don't try to overcome your so-called weakness. "Overcoming" will often lead you from one extreme to the other. You can't find yourself timid, you have to overcome your timidity and become bold. The biggest possibility is that you have become bold and lost your money.

Of course, if a bold person persists in overcoming his own weaknesses, he will often lose the best chance to gain benefits by overcoming his own courage. The most wonderful thing about financial markets is that what anyone calls weakness will not be a real weakness. If we make good use of it, anyone's weakness can become an advantage in the market.

Step 4: Make a more comprehensive plan for long-term trading or investment.

This plan contains any accidents you can think of. It's better to make a list of these accidents. The purpose of this is that you can decide how to deal with them.

Imagine some solutions to any possible accident that you can think of. Practice again and again until it becomes a habit. This is the most critical step in a successful transaction.

Step 5: Observe and analyze yourself from your daily behavior habits.

You know, you are the most important factor in the trading and investment process, and you are the CEO who decides whether you can get the maximum benefit from the market, so it is obviously necessary to spend some time analyzing yourself.

What changes are taking place in your life? When you realize that they are all possible and will happen at any time, they will not play a controlling role in your life. You won't let the frustration of losing money in the last transaction or the joy of making money affect your next transaction.

Step 6: Imagine possible mistakes.

You should consider possible mistakes in advance when you start every transaction. You should naturally think about how you will react to this. If you have rehearsed your coping strategies in your mind, you will naturally be calm in the actual transaction.

Step 7: make a summary after the market.

If your trading and investment rules require you to pay attention to the market every day, it is necessary to make a short after-hours summary at the end of each day. Ask yourself a few simple questions: Have I followed my own rules?

If the answer is yes, praise yourself and say, "Not bad!" If you follow your own rules or lose money, you still have to praise yourself and say, "Well done!" " It's not time for me to change direction. "

If the answer is no, then you must find out why you are like this! You must ask yourself, what will happen if you are in a similar situation in the future? When you find a similar situation, you must rehearse it in your mind until you are sure that you know how to react appropriately in the future.

After reading the introduction to futures-the "seven-step secret" of successful traders, everyone should know that in order to break the "novice" behavior in the initial stage of futures, it is necessary to cultivate yourself step by step to become a veteran of futures!