7 years futures trading loss of 4.2 million, learned a lot of technical indicators; Why are y
7 years futures trading loss of 4.2 million, learned a lot of technical indicators; Why are you still losing money?
In fact, it is very simple: learning ability is not equal to trading ability.
Everyone must have heard of a word when they were at school: high scores and low energy; A student may get very good grades in college, but when it comes to work, he can't turn what he has learned into productivity. The same is true for futures trading, with strong learning ability and many technical indicators; But trading is not just the accumulation of technical indicators.
There is little difference in technical indicators.
The author also learned a lot of technical indicators in the process of advanced trading. Average, Brin, macd, rsi, wave theory, Dow theory; Even Gann's theory has been studied. The more technical indicators you learn, the less you can find the direction, because any indicator used in the final performance is sometimes effective and sometimes ineffective.
Many traders are constantly looking for magical indicators, hoping that an indicator can interpret the laws of market operation; In fact, the correct understanding of technical indicators is that there are no so-called magic indicators in the market, and it is more efficient to use simple indicators.
Learning is growing, while Tao is losing. Please think deeply.
Successful futures trading includes many aspects, and technical indicators are only one of them.
What are the technical indicators? Trading standards; Confirm the trend, when and how to enter the market, where to stop loss and where to take profit; These are all related to technical indicators. But there are other aspects of trading, such as fund management, such as trading psychology, such as execution.
If futures trading is a table, the learning index only solves one leg of this table; Then with three legs left, the table won't stand.
In other words: I just learned the technical indicators and can't make a good deal.