The reality is cruel. I think most people in the futures market will stay in the primary third stage forever. Constantly reflect, summarize, aspire, reflect, summarize and aspire again. It seems that in the five-line array, the same thing is repeated, repeated in loss and hope, and can never be promoted to a higher level. This is the inevitable result of human weakness and different market cognition! Perhaps my understanding can help those who are destined to have a good relationship with themselves, objectively analyze which stage they are at now, and what major problems and biggest difficulties still exist at this stage, so as to see whether they can overcome it and whether they are really suitable for futures trading.

First stage

Began to know the way.

Inspired by various legends. The story that impressed me the most at that time was $400 to 1 100 million, and I felt that I was the material and ambitious.

Focus: learn knowledge.

stage Ⅱ

After several years of trading, I began to realize.

Indulge in all kinds of complicated technical indicators, immerse yourself in the pile of technical indicators, learn from Lynch for a while and Gann for a while. As a result, no one can learn well, have no opinion, trust authority and experts easily, and often want to seize any opportunity. Do it for a long time and do it for a short time; Catch soybeans and copper; Arbitrage, speculation Short-term to middle line, middle line to long line.

I also learned a painful lesson at this stage. At that time, there was no discipline in trading, no one taught me and no books. I give orders by feeling.

Characteristics: Rushing for success, heavy investment, big losses or sudden opening of positions are often the remarkable characteristics of this stage.

Point: You need to deepen your understanding of the market and find a trading method that suits you.

The third stage

Accumulated some practical experience.

The initial transaction has ideas, strategies and plans, but it can't last long. In adversity, they often lose control of themselves and fall into the dilemma of losing big and winning small. Often because of impetuous, impulsive, lax risk control and big losses, or make small money in the right market. I am always rethinking my trading ideas and methods, but soon, the same or similar problems will appear again, and then different new faces will appear, so I will rethink, summarize and make up my mind again, as if I were trapped in the five-element array and repeating the same thing.

There are differences between sensibility and rationality in people's personality, which will lead to great differences in adaptability and execution. People with strong emotional personality will be more sensitive to price fluctuations and reflect faster in trading, so they are prone to impulsive trading. I may be more suitable for ultra-short term, but the system forces me to do medium-long term, which is more difficult.

So there is a proverb: character determines fate! Generally speaking, there will be a few outbreaks at this stage, but most of them are restless, unwilling, hopeful, and reincarnation in disappointment and hope. Many people often stay at this level after working for 5- 10 years. He knows his weakness, but he just can't overcome it. Maybe he will stay in the same place all his life.

Features: Have a deep understanding of the market, but the weakness of human nature has become the weakest link.

The main problem: a set of trading strategies really suitable for yourself and the market has not yet been formed. The biggest difficulty: lack of execution ability and self-control.

Key points: obey the rules, be strict with yourself, and then exercise restraint! It is impossible for a person who cannot control himself to embark on the road to success. It is necessary to take targeted measures to constantly sharpen, and it is possible to cross this hurdle. This is a detour that must be taken. Maybe some people will never understand, because they are leaving.

. The weakness of human nature is so deep-rooted that even the most classic technical theory says that history will repeat itself, which is based on the nature of human nature. This also doomed most people to lose money. In the futures market, only by abiding by the rules and strict self-discipline can we become winners and survive in the cruel market. It also includes-everyone "understands" the truth, but can't.

The integration of knowledge and practice is actually a problem between "market" and "people". If the market is interpreted objectively enough, the real difficulty lies not in the market, but in "people". Fear, greed, wishful thinking and other "perceptual" characteristics of human nature completely cover the "rational" components of human nature and restrict the pace of success, and the greatest enemy of success is oneself.

The fourth stage

The charm of futures investment lies in that it is a place to create miracles and dreams, and a place where one can give full play to one's free will.

The two-way trading of margin and T 0 gives investors more trading freedom. This kind of excessive freedom is easy to make the potential greed and indulgence of human nature extremely inflated and lose rationality and restraint. It can create magic or destruction.

Self-discipline and restraint are indispensable. The difficulty of futures success lies in the unity of knowledge and action. There is a thin line between success and failure, but it is this closeness that completely determines life and death.

After thousands of times of tempering and introspection, relying on the trading quality of courage, patience and perseverance, I was finally able to use the correct investment attitude, strict self-discipline and scientific investment strategy to engage in trading. The trading concept and ideological realm have also been promoted to a new height. The execution has been greatly improved, basically overcoming the weakness of human nature and achieving the unity of knowledge and action.

Low-level problems such as impulsive trading and difficulty in stopping losses have basically disappeared with the improvement of the realm. Formed a set of feasible trading strategies in line with their own trading ideas, trading capabilities and trading habits. Understand the correct relationship between gains and losses, be able to know yourself objectively and understand what you need? What can be grasped?

Trend trader: As long as it is enough to capture the trend of 60%-80%, there is no need to worry about a callback, which will make the rights retreat.

Do some segmented trading: as long as you can grasp the profit of the main band with low risk, you don't have to worry about going out of a trend. Know how to give up and only do what you can, so that you will not lose your reason and courage and gather strength in the unpredictable market. Zhang Chi is restrained, advancing and retreating moderately.

Main problems:

1, the ability to understand the market is still lacking. For example, adjusting the corresponding trading strategies according to different market conditions may not be done well.

2. The cultivation of mentality is not enough, and it is still impossible to consistently abide by the rules and integrate knowledge with practice. The number of mistakes will not be many, although sometimes the deviation will be corrected in time, but occasional mistakes may also bring disastrous consequences.

Key points: Pay attention to psychological training. Only a peaceful and stable attitude can ensure the execution of consistent transactions and achieve stable growth.

The fifth stage

Love and fear of the market.

I really found an investment method suitable for the market and my own personality, and achieved the goal of stable profit with persistent and feasible strategies. Persistence requires perseverance, and giving up requires courage. Only with peace of mind, responsibility and love can we calmly face the success or failure of the transaction and effectively implement consistent and feasible strategies.

Generally, you can do the following:

One center: keep a correct investment attitude, make up your mind to survive in the market for a long time, not be eliminated, not be greedy or anxious, and give full play to the power of compound interest.

Two key points: following the trend and strict self-discipline, long-term analysis and recycling.

Three principles: obey the rules and grasp the trend; Portfolio investment, consistent; Strict management and risk control.

Five qualities: knowledge, courage, patience, self-discipline and health.

Features: Inner cultivation has become the top priority at this stage!

Mainly reflected in:

1. In terms of fund management and control, the maximum opening position is controlled within a reasonable range, and the goal is to achieve steady growth. Only when the profit is strong can the position be appropriately increased.

2. The maximum risk should be controlled within 10%, and the low-level mistakes of greed and luck will never be made again. Once the market goes against itself, it should be very decisive.

3. Have a rational and good attitude and never lose control in the face of pressure and adversity.

4. The ability to execute consistent transactions stably, and the capital curve has maintained a steady upward trend for at least 3 years.

The sixth stage

The master at this level is far-sighted, can see higher and farther, and has good strategic thinking; Have the ability to analyze the general trend, make plans and accurately grasp the trend.

The master contest at this level is by no means a contest at the technical level, but a contest of investment philosophy, mentality and realm. At least I have a peaceful life realm in my heart. Calm is a kind of self-cultivation, a kind of courage and firmness, expressing faith in life; It is not only manifested in the open-minded, steady and quiet attitude towards life (transaction) when it is proud; But also lies in the calm, calm, persistent and unyielding spirit when encountering adversity and setbacks! The road to speculation is a long process of cultivation, market experience can be accumulated, trading knowledge and skills can be learned, and the cultivation and realm of a speculator needs a long process of cultivation, pursuit and understanding.

Features:

1, has a strong understanding of the market and can adopt corresponding trading strategies according to different market conditions.

2. Realize the unity of knowing and doing with a calm mind and trade easily.

We have steadily gained wealth from the market.

The seventh stage

Give up my inaction, quiet and wise.

Always maintain inner peace and integrity. The mood of every moment is as consistent as this day. In this way, it is easy to break through the limitations of personal circumstances and reach the spiritual god.

You can easily know the truth of nature and communicate with it from time to time. Listen to the sounds of nature and the market, and integrate into the harmonious dance of the market and the market according to the law.

Only in this realm can we understand the true meaning of trading and truly become a master.

Key points: In daily life, always keep a normal mind and remember to keep a cheerful and frank mind. Don't let yourself feel too ups and downs when anything happens, let alone make yourself nervous or angry, which requires long-term repeated practice.

The eighth to ninth stages

The so-called "Kung Fu is beyond poetry".

I think we should know something about Taoism, Tai Chi, Zhouyi, philosophy, psychology and the art of war.

Cultivate one's morality and cultivate one's nature-cultivate one's mind and cultivate one's nature-and achieve high attainments.

Get the Tao-integrate with nature and market.

Taoism is natural.

Shangshan.

The above is my superficial feelings and understanding of several stages of investment. Each stage should also blend with each other and exchange needed goods, but the focus may be different. For example, its trading skills may still be in the primary stage, but its inner cultivation and ideological attainments may have reached the advanced stage.