Mature traders have no fixed trading rules. Why? Because when you make a trading model to the extreme, you will understand a truth: there is no best model, only the right model.
For example, an average value. If you can easily control an average. You have to understand that losses come at a price and the trend is inevitable. Adding filtering only changes access and exit, but does not change the essence. You will understand that the difference between top trading systems is only logic, not profit.
There is no best trading system. As long as the trading logic of a trading system is correct, then the short-term profit and loss is only due to the difference in the target ratio and luck.
Therefore, the trading rules of a mature trader depend entirely on his capital and his ideas. He wants a stable account, so he should combine multiple cycles, multiple targets and multiple systems. He wants to hit high returns, then he will simply, heavily, and even open the logic of adding positions. Because of his understanding of trading, his internal skills are deep enough, so he can easily switch external actions and do whatever he wants.
As for the mentality, when a trader has enough profound trading knowledge to face the market, when he knows how to handle his own trading in various situations, when he can easily control risks, exposure and income, the mentality is as natural as eating and drinking water. When everything is under control, what is the mentality problem?
I wish you all become successful traders as soon as possible.
I have been doing foreign exchange trading for more than eight years, and A shares are earlier, so I dare not say that I am mature. According to my own experience, I will neither prove nor refute (I will pretend not to hear, please forgive me).
First of all, praise the words of the subject-
Then say the question. Keywords "maturity", "method" and "mentality" There is no need to talk about "maturity" and there is no way to talk about it. Moreover, the magic is one foot high and ten feet high. The road to maturity seems endless, always on the road.
Next, let's talk about "methods". People who have been trading for more than three or five years are actually reluctant to talk about "methods" because they have seen too many indicators, forms, signals, trading systems, etc. and tried too many. Are you still trying tirelessly? Everything I've tried before is really wrong? Do you still think that if the current system is adjusted and optimized, the key to stable profit can be found immediately? In fact, these questions will never have correct answers. I can only say that my current trading method is surprisingly simple, so I won't expand on what it is. In a word, the method is divided into three steps:
1-Summarize your own transactions, recalculate and determine the rules for entering and leaving the market that you feel comfortable, confident and sure. This set of rules must be absolutely objective. There is a simple way to verify this, that is, write down your rules, give them to five people to operate 10 strokes of the same variety at the same time, and then see if the result of each stroke is consistent with your rules, and no communication is allowed in the process. If they are consistent, then it should be similar;
2- On the basis of the above trading rules, formulate corresponding fund management strategies according to the principle of "safety first", including position management, adjustment in the case of profit and withdrawal, and strategy of adding positions. After these two steps are completed, it is basically an executable "trading system". Of course, I believe that it is unlikely that the expected return of the system will be negative through your massive firm summary and recalculation.
3- execute.
And then it was gone. It's the simplest thing to say, but it's actually the most difficult. Because you will doubt your system rules and parameters again and again, thinking about optimization and adjustment, which leads to this step can not be adhered to, because a person is too lonely on the road. One way is to plan how many orders you have to execute before you start, regardless of the result, and then write them down. I usually plan to do 20/40/80 strokes in a row for your reference.
Finally, talk about "mentality". In fact, there is nothing to say, because when you feel that you have difficulties in implementing the system, resistance, fear of losing money, fear of exploding positions, fear of retreating, and need to find a way to solve your "mentality" problem, most of them still cannot be solved, because the trading system has not become your belief, and your habits are just a bunch of indicators and rules, which are outside your body; When you carry out the rule hundreds of times, it becomes your belief and habit. On the contrary, you will feel that the transaction is boring, unfulfilled and numb, because no matter what you think in your heart, you can't have any influence on the next transaction, the next week's transaction and the next month's transaction results. Why bother thinking about it? So there is no "mentality". Therefore, at any time, considering "mentality" may actually be useless for trading. To sum up this process, one word-"carry", two words-"hard carry" and three words-"carry yourself" until you get used to it and become numb.
More than ten years ago, when I first entered this market, I devoted myself to the research of various technologies, methods and theories, always trying to find out, always thinking that there would be trading methods or cheats once and for all in this market.
But after trading for many years, I found that I didn't make much progress in technology, because the predecessors of technical analysis have summarized too much, and basically we don't need to spend too much energy to do too much research.
Stay in this market for a long time, you will find that technical analysis itself is a probability problem, and sometimes it is not even a probability. On the other hand, studying the past can help us to predict the future trend to a certain extent, but in fact it is completely unfounded, so it is simply not feasible to try to find a way to predict the future trend through the past trend.
The only function of technical analysis is to help us form rules and trading discipline, that is, the changes in the market are random, but your behavior is not random. Individual trading behavior is realized through the formulation and implementation of rules.
So what does this have to do with the trading mentality?
Let's talk about how the mentality changes during the transaction. This is inseparable from the technical analysis I mentioned earlier. Why are novices so committed to technical analysis? The original intention is not to seek a framework for making rules, but to find a method with high winning rate and even no loss. This is completely wrong.
This is the early trading mentality, unwilling to bear losses and risks, only willing to see profits. This is a mentality misunderstanding that many traders will fall into, so it is necessary to learn technical analysis, but it is definitely not based on this mentality.
As a trader, the first thing to learn is that you must know that no matter how good the technical analysis is, you must also be aware of the losses. Even if the high probability opportunity is only a probability, you have to face the loss. So the first mentality you must have is to accept the loss and accept it completely and absolutely.
If you can't accept the loss, then you can't embrace the profit brought by this opposite risk, which is a truth that most traders don't understand.
Because many traders who communicate with me will ask technology-related questions, there is nothing wrong with asking such questions, and the mistake lies in the wrong starting point. You need to understand that you must have the mentality of facing losses before you can talk about other issues. Trading is ultimately a loser's game. Understanding and accepting losses is an indispensable part of trading, and it is also an important mentality to keep trading going.
Have you ever found that when you design a system, you are completely acceptable, because many signals in this system can be profitable, and there are many profits, which is also the case. Take the moving average system as an example, the market will always run along the moving average, that is, when you make a profit, but in the process of execution, you often give up your system or doubt the next signal because you lose several orders in a row, fearing that you will continue to lose money.
When you start to doubt or give up, you will often give up the system because you doubt yourself and lose a big wave of market, so I said that there are many factors that affect your execution of the system during the transaction, and the biggest factor is that you don't fully accept the loss.
It is necessary to be pessimistic about profit and loss, but it is a bit nonsense to talk about this topic in the early stage, because no one can be completely pessimistic about profit and loss, and it is not a reasonable mentality to be pessimistic about profit and loss. When you trade, whether it is profit or loss, it should touch your mind, but without your manipulation, it is the best way to look at profit and loss.
It's just that most people don't go, and they can only imagine the mentality they should have.
It's not that I don't panic if I keep losing money. It's fake. It is difficult to really underestimate the profit and loss and accept the loss completely. Therefore, the risk control we must do when trading is to control the risk within the range where the mentality is not easy to get out of control. This is a benign loss.
The way of letting losses go in order to force yourself to keep a state of mind is completely broken and not worth advocating. Why is it not unreasonable to control the loss in the range of 20%-30% from private equity funds to various asset management? It's okay to accept the loss and limit the overall loss to a certain range. This requires sufficient confidence in the market and its own trading system, as well as the support of the results. It is not so easy to accept losses and look down on profits and losses. This process is not easy, but it needs training and feedback. Only by constantly strengthening, can you really implement it within the scope of the system and configure a certain risk control mode, so as to practice the mentality of completely accepting losses.
After trading for so many years, it can be said that 70% of the final result of the transaction is related to mentality, and technical factors account for less than 20%. There is also a part of your model, personality, ability to seize opportunities, courage to embrace risks when good opportunities come, courage to break a strong man's arm, and determination to hit it with one blow. These things can't be learned overnight, and they need years of continuous actual combat to forge.
So for a good trader, first of all, you need to understand the essence of trading, that is, losses, constant losses, mixed with some profits, but more profits, bigger positions, so as to make a bigger wind-to-newspaper ratio, instead of winning by winning,
Trading in pursuit of winning percentage will eventually fall into the initial problem, that is, accepting losses. The higher your winning percentage, the smaller your heart will be, and finally you won't accept any losses. This is the biggest problem.
Of course, we have to admit that we can achieve a high winning rate at a certain stage because of the market, signal and state, but this is not the purpose of trading. The ultimate goal of trading is to make a big report by risk control and position management, rather than pursuing winning percentage.
This is also a very important mentality. Losses are normal, while profits are often unexpected, which leads to another mentality. That is to say, the loss can be decided by you, and the profit is returned by the market. Don't think that you have caught the pulse of the market just because of temporary profit or continuous profit. This kind of behavior that is not afraid of the market will eventually pay a painful price.
Therefore, we must understand that although this market is full of uncertainties, one thing is certain, and that is your loss. When you can completely control the loss and don't lose control because of the loss, you will naturally make a profit. The market will not pity anyone, nor will it abandon anyone. It is more conducive for you to see the market clearly and see yourself clearly.
In fact, there are many good attitudes, such as accepting losses, making their own decisions, and making profits depends on the market. Of course, these are all related to your model. Next, I will talk about the mode and system.
When you have the right attitude, the next thing to do is to implement your trading system.
However, we should know that it is possible and necessary to continuously optimize and debug the trading system during the trading process, but the big rules should not be changed, and the optimization should only be carried out according to our trading habits and personality in the process.
For example, if you can't grasp a small interval to make a stop loss, it is often invalid because of this problem. Then you should do a good job in position allocation and fund management to open positions in the interval, including the stop loss method, which is a point stop loss, a amount stop loss, a trend stop loss or a time stop loss. You need to constantly explore for yourself.
This is why different people will have different results when they do the same system, because different people face different mentality and bear different limits, and the natural results will be very different.
Having said that, the mentality you need to keep in trading is roughly as follows.
1. Accept the loss, fully accept and know that it is part of the transaction. If you don't accept the loss, you can't make a profit.
The loss is your decision, and the profit is determined by the market.
3. Strengthen your trading mode and make the system and people match perfectly.
4. The core of the transaction is people, and the profit depends not on the system, but on people, so you should know yourself. Only when you have a comprehensive understanding of yourself can you understand what kind of mentality you should face the transaction.
5. Trading is definitely not a game that pursues winning percentage, and it needs to be constantly compared with strong winds, and the premise of strong winds is not as simple as losing 30 points and earning 60 points. At the critical moment, we should have the courage of a strong man to break his arm and the determination to hit it with one blow.
As a mature investor, there are the following characteristics!
First, in the face of falling or rising, he is very calm, because he knows that rising and falling are normal and the normal state of the market!
Second, a high-level trader's accuracy in judging the market should be above 60%, but in fact the success rate of trading may be higher. This is beyond the understanding of losers!
Third, a high-level trader always wants to make two or three mistakes every ten trades, because he doesn't think it is a good thing to be right every time, and the pressure is too great!
Fourth, in the face of accidents or losses, an excellent trader will regard this as part of the transaction, and the market is irrational.
Fifth, good traders think that mistakes are also part of the transaction!
6. Excellent traders don't think there is a perfect transaction, only imperfections are perfect!
Seventh, a good trader will only believe what he sees, not what he doesn't see!
Eighth, a good trader must understand that the future is unpredictable! Sometimes even the next minute is unpredictable!
Ninth, every transaction of an excellent trader has strict logic and trading philosophy!
In a word, that's it. I think those who meet the above requirements are basically top excellent traders!
After reading the subtitles, the subject has said it very well. Read it again carefully. It must have been picked from a book.
Real transactions should be as smooth as the subtitle says.
Mature traders should have the following basic psychology:
First: know how to give up and get.
1, understand the meaning of stop loss. This is the topic of the Millennium.
Second: understand that trading cannot be perfect, nor does it pursue perfection. Mature traders should understand that buying at the lowest price and selling at the highest price, just like the story of the prince and princess in fairy tales, the prince is always handsome and the princess is always beautiful. But fairy tales are all lies. In reality, buying the lowest and buying the highest is a false proposition. It is good that a market can hold eight points. Seven points, six points and even five points are all happy things.
Fourth: understand people's imperfections and don't be hard on yourself. In the most popular words now: make peace with yourself. Don't expect yourself not to make mistakes, don't ask yourself to completely strip off the human side in trading, and don't expect yourself to become a legendary trader. It's enough to try your best. The unity of man and sword is an ideal state. How many people can do it, but we still have to trade?
Third: Know how to avoid forecasting the market. Technical indicators, technical analysis is a ruler, marking the direction, entry, stop loss, take profit. It just marks and is responsible for being correct. Please remember that we are dealing with a possibility, not an inherent necessity.
Professional traders and craftsmen answer your questions, hoping to solve your doubts.
Mature traders, his system rules must be simple and clear, after a complex to simple subtraction process, because only simple and clear can have better execution, and people with clear signals can avoid humanity.
The mentality is relatively relaxed. Every single entry has a stop loss and a reasonable profit-loss ratio, and there is almost no anxiety about the market going in the opposite direction, because he knows that as long as he implements the method himself, even if this single loses, the next single will always be earned back. The feeling at this time, people have entered that kind of wandering feeling, very relaxed and natural.
What you see may be just what others need. Forwarding is the greatest encouragement, thank you for your support! Don't fight alone, let more people know!
Any investment has certain risks. Since there are risks, there must be gains and losses, but in any case, as long as you earn more than you lose, you will still make a profit. To be a good trader, what you need to do is to learn how to make yourself earn more than you lose.
Grasping the entry point should be above the integer number, and the closer it is to the bottom of the promising space, the better; When the interval fluctuates, the fluctuation space is analyzed, and there are many supports and short resistance. Find the corresponding stop loss position for the entry position before entering the market. During consolidation, if there is a breakthrough, you can enter the market in the direction of its breakthrough. Do short-term operations during the day to avoid blindly chasing up and down.
Grasping the stop-loss point The setting of the stop-loss point must be considered when placing an order, and the entry position is closely related to the stop-loss position. Stop loss principle: Stop loss space cannot be greater than profit space. Stop loss should be set within your tolerance. After the stop loss is set, it must be strictly observed. It is better to bring a stop loss than a bill.
Grasp that the liquidation point is mostly at the obvious pressure level. If the upward trend weakens, consider liquidation; Empty orders with signs of stopping falling at obvious support levels can be considered for liquidation; The expected goal should not be too high or too low, but should be in a reasonable position; When the accelerated impact resistance level near the target is reached, you can close your position and leave the field. Resolutely do not turn losses into profits. After the trading order is profitable, the profit can be protected by setting a moving stop loss.
Grasp the investment mentality 1. Don't be too complacent when making money and don't be too depressed when losing money. Always keep a balanced attitude and look at your transactions with a professional eye.
Don't assume that one thing or another will happen in the transaction. What you seek is thoughtful consideration of the facts, not blind speculation.
3. Your life experience has shaped your character, deepened your understanding of yourself and found a trading style that suits you.
Always remember that no matter winning or losing, one person will bear the responsibility, so don't blame the market. Losses give you a chance to notice the problems in the transaction. Don't attack individuals.
What are the trading rules and mentality of mature traders?
Mature traders understand the importance of trading system and will find a suitable trading system and implement it.
The success of investment lies not in how powerful and excellent your tools are, but in finding the right trading tool and using it well.
Financial transactions are highly professional, and cultivation, discipline, strategy and technology are indispensable. Strategy and technology are the foundation, which directly determines the profit and loss of each transaction. Discipline makes profit and loss have a constant statistical law, and training is the key to success.
An appropriate trading system can help us get better profits in the market.
A complete trading system must have a practical tool.
Taking PTA as an example to see the application of indicators
For technology traders, a practical indicator is necessary. Band trading point indicators can indicate effective pressure level and support level, as well as long and short signals. It is enough to choose the entry and exit positions in combination with the signals.
Adhere to the four principles of not opening positions
Face the loss calmly and find your own trading system in order to gradually become profitable.
1, think about any problem in the investment world with compound interest thinking. Don't chase after unsustainable things.
2 have their own mature investment system, and constantly improve. Step by step, copy successfully, and don't change your familiar way because of external interference.
3. Be good at waiting for home run opportunities that suit you.
That's all! ! !