There are many qualities in human nature that can help a person succeed in other industries, but if these qualities are not properly used in the futures market, they may become poisons, such as iron will, indomitable spirit, diligence, optimism, self-confidence and so on.
In the process of our growth, in order to survive and compete, we formed a very hard self. Perhaps in other industries, nothing can be as successful as ego, but in the futures market, nothing can be as unsuccessful as ego.
Rebellious psychology
The education we received from childhood is based on struggle and competition, such as conquering nature, overcoming all kinds of difficulties and obstacles, and fighting against difficulties. This awareness has been deeply rooted in our hearts. When we enter the futures market, we still have such psychological consciousness. We often see some elites and successful people from all walks of life come to the futures market, but they have failed, and they have suffered more complete failures than ordinary people. This is because these successful people in other industries have a strong sense of self. They don't believe that they will fail, and they are very unwilling to accept their failure. Their success hardened their character, so when the market turned against them, they didn't know how to give in and yield, but took a confrontational attitude until they were destroyed.
To survive in the futures market, you often need some anti-human qualities. Soft and flexible traders are more suitable for speculative markets, and hard people will soon be eliminated. Laozi appreciates the quality of softness very much. He said that soft things have more vitality. When the hurricane comes, the soft grass can be safe and sound, but the hard tree is uprooted.
There is such an almost stubborn tendency in human nature, that is, to defend one's own views and not to admit one's mistakes in judgment. Therefore, no matter whether a person is right or wrong, he will stick to his attitude to the end. Because that view is his own, he is defending himself instead of truth.
Why does human nature like fighting? Because by fighting, friction and negation, saying' no' to others will improve yourself. By fighting, he will feel strong and have personality. Obedience, submission and saying' yes' hurt one's self. This is why so many people like to argue with others. That's why every office will hear' no' whenever you go to a government department to handle affairs.
This rebellious nature in human nature and this wrong attitude of unwilling to yield and give up are the biggest obstacles to futures trading.
Psychology of pursuing perfection
The pursuit of perfection is a very greedy psychology and an extreme psychology. Because of the pursuit of perfection, you are not allowed to have a little flaw, even a little loss can't be borne, and it is difficult to stop loss. Because of the pursuit of perfection, one tries to catch all the fluctuations and doesn't want to miss any market. Everyone has their own limitations and areas that they are not good at. The pursuit of perfection can easily lead to heavy trading and intraday trading.
The psychology of finishing a battle
Take the result of a transaction too seriously and plot to get rich in a transaction. Or refuse to stop loss when the market is obviously wrong, and stick to the loss position like a widow.
Futures trading is a long-term process, and there is no need to fight for the result of a transaction. Sometimes it is very healthy to accept some small losses, so as to prevent big losses. Just like a proper cold is good for a person's overall health.
Psychology of counting money
This is a psychology of being swayed by considerations of gain and loss. Once we open a position, we always think about the rise and fall of book funds, and are influenced by this change, ignoring the real market itself. This greatly interferes with our normal thinking and judgment.
We should pay more attention to the correctness of the process, and the result will follow. If the result is considered in advance, the whole transaction process will be disturbed and the action will be deformed. People's minds always jump into the distance ahead of time to think about illusory results, ignoring what really happens now, which is the biggest absurdity and inversion in our lives.
Transition time frame
The list that was originally a short-term transaction was forced to be converted into a medium-long line. And do short-term processing on the original list of the center line. The whole transaction was in disorder.
Enthusiastic about predicting the market, trying to grasp the head or bottom.
Believe in prediction
Any prediction is subjective and cannot be objective. Even the predictions of many famous consulting organizations are full of mistakes. Once you predict the market or believe the opinions of a market comment, you can't see the true face of the market, because you will project your subjective views on the market and the market will become a screen. No matter how the market fluctuates, you will have your own explanation. You will form a bullish or bearish complex that hangs over speculators like a dark cloud, and finally this complex becomes a deadlock. He will look at the market with a distorted view for months or even years, leading to the paralysis of the whole speculation.
Once you have predicted the market, you are unwilling to set a stop loss position, because you believe that any fluctuation that is unfavorable to you will be short-lived and the market will eventually return to your predicted direction. Many speculators have suffered heavy losses when trying to catch the bottom or top of the market.