1. First, learn how to manage and plan investment funds:
A. don't trade too much. How many positions are suitable? Plan according to the volatility of different investment varieties. Generally speaking, for varieties with large fluctuations, it is necessary to be more conservative in establishing position division;
B. When opening positions, you can open positions several times according to the development of the pattern. For example, for a * * *, you plan to open 5 positions, and you can open positions 1 hand at a time, so that you can advance, attack and retreat according to the situation, and you will not run out of ammunition and fall into a passive position when the trend is unfavorable.
C. if you invest in several different varieties at the same time, try to choose the varieties with low correlation, which will greatly improve the efficiency of capital utilization while reducing the opportunity cost.
2. Learn to control the biggest possible loss:
A. According to the maximum risk you can bear, set up a compulsory liquidation system when you reach the maximum loss. For example, if your maximum risk tolerance is 40%, then if the loss amount reaches 30% of the total amount of funds, you must forcibly close all positions. Don't take any chances.
B. Set the maximum loss amount of each position: for example, 10%, that is, when the loss of each position reaches more than 10% of the funds, it will be forced to close the position, so it may be more rational to re-analyze it after coming out.
C. Determine an appropriate stop-loss point according to technical analysis and basic analysis and combined with your own fund management before each opening. For example, 40 o'clock, so if the wrong trend is unfavorable, it will automatically close the position and avoid excessive losses.
3. Understand if you win, and understand if you lose: Every time you open and close a position, you must have a plan and reason.
Many people have this experience. If it is other industries, in order to wait for an opportunity, you can wait patiently for months or even years. However, if you are engaged in futures trading, you always lack patience. You often keep trading when there is no good opportunity to enter the market, and always keep opening positions every day, as if to seize every opportunity. In fact, if there is no good opportunity to open a position, the best strategy is to wait and wait for the opportunity to come. Only in this way can the opportunity really come. Without a good entry price, you will rush to open a position and face the risk of being locked up at any time. Once locked in, the funds will be occupied, and you will not be able to make money when a good opportunity to open a position comes, thus losing real profit opportunities. Every time you open a warehouse and open a flat warehouse, you must have a plan and a reason. If you have no chance, you should wait. Seize the opportunity, you must be patient.
Others include the choice of opening a position and opening a company along the general trend, so I won't go into details here and discuss it later.