The following is an article about him, his growing process and some ideas.

/misha Evans/blog/item/d3e 19 1 C2 C5 f 649 180 ff 47705 . html

Have a unique ordering method:

1, follow suit

2. Technical analysis

3. Anti-market psychology

4. Risk control

1. Follow the trend: never think that a price is a high-priced area or a low-priced area. Self-righteous "selling on rallies and buying on dips" is very dangerous. Richard dennis believes that only the possible direction of the market can be judged, but how much to go in a certain direction depends on the market. Richard dennis occasionally makes an exception and tries to copy the bottom or touch the top. In the sugar trading of 1974, richard dennis shorted sugar at the price of 60 cents/pound, but it rose to 66 cents/pound in 165438+ 10, and then fell to 13 cents/pound all the way. However, he later copied the bottom near 10 cents/pound, repeatedly copied the bottom and lost money. According to his own account, he sold short at the top and lost more money than he earned. Therefore, the result of going against the trend is still not worth the loss. Follow the trend when making a single order. The stronger the situation, the easier it is to make money. He works as a trader on the exchange website, mainly making money with the market. Many people are always in a hurry to leave when they are profitable, even when the market goes up and down, for fear that the money they earn will be wasted. Dennis always puts the list next at this time, and always makes a lot of money the next day.

2. Technical analysis: richard dennis mainly uses technical analysis to analyze the market, and based on his years of experience and following the market trend, he and his partner Dr. William Eckhard designed a computer program automatic trading system. However, when the computer program automatic trading system runs counter to his own inspiration to enter the market, he will choose to leave temporarily and not buy or sell.

3. Anti-market psychology: Don't agree with most people, because most people lose money in the futures market. There is a "market psychological index" in the futures market, which points out that if 80% of traders are bullish, it means that the market will fall if the head is not far away; 80% of traders are bearish, which means that the bottom is not far away and the market will rise. (But for beginners, the author should be cautious. )

4. Risk control. Richard dennis learned to control risks from the first time he made a mistake and lost the principal of 1/3. Generally speaking, a good order will be profitable soon after it enters the market. If a single order loses money a week or two after entering the market, nine times out of ten it is in the wrong direction. Even if you go back and draw it, after all this time, you may still be wrong. Always prepare for the worst after entering the order. What you think is impossible will often happen. Therefore, we must set a good bargaining price, and then resolutely bargain.