1: When novice traders enter the market for the first time, most of them are trading styles of one hammer in the east and one stick in the west. In other words, they try everything in short-term, band, day and trend, but they can't do anything well. It was the same when I first entered the market. What is the main reason for the changing trading style?
At that time, I was still a novice trader, so as long as there was a loss in my account, it was needless to say that I was depressed. I often don't sleep in the middle of the night or even resume trading all night, just to find out the reason for the loss. You can't sleep until you find the reason. If we find the reason (although it is far-fetched now), we will have the self-determination to correct our mistakes and never make such mistakes again. Then what? Then, of course, change the system. But for beginners, there is no systematic scientific concept, just changing from one failed style to another. For example, I made up my mind to do trend trading at the beginning, but later I lost money. After learning from a painful experience, I decided to shorten it. Doing the band can definitely avoid losses. Ok, then I started to be a band, but it didn't take long for the band to lose money. Then learn from a painful experience and decide to do it on the same day, so that the loss can be avoided on the same day. Ok, let's start the day, but if we combine eggs, we will still lose money on the day. Then I couldn't find the direction, and then I started to do it indiscriminately, and I didn't want any system or style at all. It's strange that you can make money by doing it casually, so you get bolder and bolder and start to go too far. Against the trend, bargain-hunting has also come, and the cost of leveling is also there. Then, one day, disaster arrival, chopping wood for thousands of years, burned out in one day. Then repeat the above steps, or vice versa for n times.
If I can't find the crux, it means that this painful cycle seems to never end. After I walked out of the gloom of failure, I finally understood the reason why novices will lose money no matter what style of trading they do-they are particularly afraid of losing money! Do not accept the imperfection of the system! In other words, veterans can make money regardless of their style for the same reason-they don't care about losses within a reasonable range! Fully accept the imperfection of the system!
No matter which style, the core logic of trading is the same; No matter what style, top traders are also losing money continuously. At this time, the novice will learn from the painful experience and change his style and fantasy, while the expert will wait for the opportunity and return the investment.
This is a very important distinguishing sign! ! !
The real reason why novices keep changing their trading styles is that they can't accept losses. Many of them think that as long as they lose money, the system will not work. Subconsciously, they always think that there is a sunflower treasure book on the market-Jiuyin Zhen Jing or Tantric Dafa, which is unbeaten in one move. So many of them are taught by teachers here. They are cheated today and will be cheated tomorrow. Because there is no sunflower collection on the market, only the lessons of previous generations who survived the bullets.
The imperfection of the acceptance system and the randomness of the market are signs of a mature trader! For experts, the short-term and long-term bands in the day are not a problem, and those who can make money are still making money. Because the core of the transaction is the logic of the transaction. Short-term losses are not losses, but long-term profits are profits. If you don't understand this truth, you will never want to take a dime that really belongs to you from the market!
Based on this logic, my advice to novice traders is: insist that Qingshan does not relax! Choose a style and stick to it. As long as you are competent for one style, it is not difficult to change other styles, which is a natural thing; As long as one style can make money, another style can also make money. Never change your style when you lose money, because no matter which style, there is not much difference in trading methods in essence. The core is to make a profit through "trend trading" and earn the difference through "buy low and sell high".
For beginners, an insurmountable obstacle is that they can't accept losses. It took me a long time to finally do this, because when I was a novice, no one really taught me anything useful. A trader, only when "all he sees is figures, but no money", can accept the loss psychologically, and only when he accepts it calmly can he make a natural profit.
There is no way to lose money in a market that is not suitable for its own system operation. You must accept the loss and wait for the market to break away from the system. Trading can't be like a bear breaking a stick. Throw away one that is not good, but in the end everyone will miss it.
2:
Five magic tricks and bad habits of pestering loss traders
Demon possession is a strange thing that can't be explained by science, or "possessed by the devil" as the folks say. Bad habits are rude, ugly and uncivilized.
Bad trading habits and curses are one of Man Cang's heavy positions, and the other is frequent stop loss. The third is excessive trading, the fourth is profit-oriented, and the fifth is mentality distortion. The five bad habits of traders can be described as evil, ugly and stubborn. Yellow? Some people may ask why there is no greed. True greed needs wisdom, long-term calculation, strategic planning, and keeping a low profile, not wishful thinking.
Heavy warehouse Man Cang
Heavy positions are the first and the source of all evils in the futures market. All losses, frequent stop losses, excessive trading, distorted mentality of lust, eyes only on profits, and failure to see risks are all related to heavy positions. It's just that the so-called prostitution is the first, which is the indulgence of heavy trading; Excessive indulgence, excess, addiction, excess.
Everyone knows that it is not a person but an organism. If you stop him from doing addictive things, it will kill you. Man Cang, a heavy trader, is a demon possessed by a loss-making trader.
Without heavy positions, it is impossible to have frequent stop losses in Man Cang trading. Heavy Man Cang trading and frequent stop loss are twins, just the appearance of front and back feet. In Man Cang, the trading volume is very large, and the market is a bit unpredictable. If you don't stop loss, it will be the end of a short position, and trading knowledge is also lacking to understand this. Stop loss is a common occurrence for a greedy trader and is easy to operate. He must be, because he trades a lot in Man Cang every time. He must practice this housekeeping skill, so as to escape from the heavy warehouse and Man Cang as soon as possible and be punished less severely in some markets.
Traders dislike, refuse and cannot accept light warehouse transactions. Nature is deceptive, and so is the futures market. Every trader, no matter how disgusted and disgusted with light positions, is ultimately important, not that she consciously wants to go to such a world. For example, if you have a light warehouse transaction of 654.38+00,000, you should only open 654.38+05,000. However, your greed led to your heavy trading with Man Cang, and you invested 6,543.8+0,000 yuan each time. After repeated stops, your capital has reached 500,000; Repeat the same mistake several times, and there is not much money left, only 654.38+0.5 million. By this time, you are at the end of the road, and Man Cang has only 1.5 million. You lamented that it was too late to regret, so why didn't you implement fund management at that time? At this time, 15000 is different from your own 15000. At that time, 150,000 was engaged in light warehouse and fund management, and it was150,000, which could easily bring profits, only15% of your funds; Now 1.5 million is all your possessions. If you indulge your unruly stop loss several times, you will only have 20 thousand to 30 thousand left.
Needless to say, every trader who can make huge profits in the futures market in a short period of time, get rich overnight and earn hundreds or thousands of times is in the warehouse, and the floating profit is overweight. Yellow? But that doesn't belong to you. If you had such good skills, luck and strategy, you wouldn't come to the futures market to trade. You have a good time in the real economy and real life. Coming to the trading market is actually an unpleasant escape from reality, but only this kind of escape will make you experience the unhappiness of life again.
If a trader can trade without heavy positions, then he has actually successfully implemented fund management, that is to say, he has completed half of the successful course, and the final profit is no longer far away from her.
Frequent stop loss
Stop loss is a production line. His qualified products are huge loss traders in the trading market. Its raw materials are heavy warehouse, Man Cang, excessive trading and day trading. The eyes are only on the traders who are greedy to make money and ignore any risks, and the traders who are swept out of the house in this market. Everyone has a history of frequent stop-loss trading. Their entire trading career is accompanied by stop losses again and again. Stop loss is a bad habit in this market, which is extremely ugly, just like we China people used to spit everywhere. Frequent and repeated stops and heavy positions, Man Cang trading and excessive trading are actually three grasshoppers on the same line. If there is one, there must be two and three. No one who stops frequently is not a heavy position, and there is no frequent stop loss in light warehouse trading; There is no frequent stop loss, and it is not excessive trading. He stopped frequently because the position was too heavy and he had to stop quickly. If he leaves the warehouse for three days, even a week or two, he can live in peace. After the stop loss, it is to open the position again and lay out the position again, and so on.
Excessive transaction
Excessive trading and heavy positions, Man Cang and frequent stop losses are linked. Logically speaking, if any one link is effectively curbed, these three vices will not exist as a whole, but will be shelved and disappear. Yellow? You refuse to trade until you stop trading. Will there be heavy positions and Man Cang, and will there be frequent stops? How to stop loss infrequently? It is unrealistic to give up the deal. You have to go to the warehouse to manage the funds. If you do short positions in the medium and long term, heavy positions and excessive trading will definitely not exist.
Stop loss, heavy Man Cang and excessive trading are related. Only profit and no risk are interrelated. If you are calm and not in a hurry, not in a hurry to get rich overnight, not in a hurry to make quick money, how can you go to Man Cang for heavy positions, frequent stop losses and excessive trading? It's impossible. If you don't just pay attention to the profit of money, but see the risks everywhere, you won't have heavy positions, excessive trading and repeated stop losses in Man Cang. There is an inevitable internal relationship between the five. Only the first three are manifested in trading, and the latter two are manifested in mentality.
Excessive trading is a bit dirty, because it is actually an addiction, as disgusting as drug abuse. Excessive trading will bring excitement, rapid heartbeat and stimulate hormone secretion. People will have euphoria, but also cause physical dependence and mental dependence. This is a kind of drunkenness for traders, which has a great impact on capital accounts.
All I see is profit.
Many people who come to this market have no risk tolerance. They are only 40,000 to 50,000, and some are only a few thousand dollars. They should have paid the most attention to risk, because they can't stand the slightest sign of trouble. On the contrary, those who have no risk tolerance are desperate, ignoring risks in a crazy game, just like a topless drunk running around in the rain of bullets. Those who are truly tolerant, that is to say, traders with a lot of margin and strong financial resources pay the most attention to risk management and control. To some extent, there is an inherent logic for a trader who has no risk tolerance to make such a choice: I am already like this, and it is a big deal to die. I don't have anything anyway, so I might as well take a gamble. Fortunately, I can make a fortune, which is not much different from the rest.
People who come to this market, 99% only see profit, even the champion of futures competition. In the end, they died in the market transaction, still holding their own trading contest certificate tightly in their hands. Those who really survive are those who only have risks in their eyes. They understand that as long as risks are well avoided, profits will naturally come. In the long run, they will become the stars and longevity of the market. Many so-called technical experts, futures champions, range from three to five years to seven or eight years.
I came into contact with a trader whose performance was completely different from others. Others watch the market and are ecstatic when they see the big rise. He always stares at frightened eyes and yellow eyes. It's too risky When others are intoxicated by the temptation of big interests, he can always notice the risks. Later, he became a long-term profitable trader and a follower of good money management.
Short-term profiteering, floating profit plus code technology experts will become stars, but will soon fall; Only traders who implement strict fund management from beginning to end will become longevity traders.
Therefore, fund management is not only a religion of trading, but also a panacea for traders to prolong their life.
Distorted mentality
Many people who come to the trading market have a distorted mentality, and greed and selfishness have become their typical signs. They naively think that this place can get rich overnight and has the wealth effect of short-term profiteering. They can't wait, and their mentality is empty. They enter the market with thousands of dollars or 10,000 to 20,000 dollars, which means giving money. If there is no capital of 500,000,654.38+0,000, it is not recommended to enter this market, and do not enter this market for the time being.
He will come to this bloody, predatory market, and then get drunk and refuse to listen to dissuasion. His causal thinking chain has only one unilateral link, and only a heavy position can make rich profits. He doesn't consider that 99.9% of the heavy positions will lead to sudden exit, and only 0. 1% will survive.
He abides by his law of cause and effect, and he thinks that profiteering from the whole warehouse is also in line with his cause and effect. He is mean and simple. If he is a true believer in the law of cause and effect, a true believer in karma, and a true fan of Buddhism, he should abide by the fund management that has only causal connection with trading, and cultivate and give birth to many trading birthday stars.
If a trader with only 20,000 yuan or even several thousand dollars wants to put all his eggs in one basket in the market, he can choose to come back to this market in two or three years or even seven or eight years, and save enough funds of 500,000 or even 6,543.38+0,000 yuan, and he has already succeeded halfway, and his mentality has initially acquired the winner's mentality. Failed traders have a common feature, that is, they are too anxious, anxious and impatient, dreaming of profiteering and floating profits, and they will be rich in the world tomorrow. Did you tell him that the day after tomorrow is impossible? This is a great offense to him.
Even if you make money in this market, you are still you and can't change your life. If you can't understand the above five evils and bad habits of loss traders, it will completely subvert your life today.