During the Northern Song Dynasty, there was a man named Chen Yaozi. He loved archery since he was a child and felt that no one else in the world could match him, so he was very proud and often boasted about his skills. One day, he shot an arrow in the yard at home, shooting ten arrows in a row, and eight or nine of them hit the heart. When others saw that he had such superb archery skills, they all applauded. Chen Yaozi complacent, looking around, only to find that an old man selling oil just nodded slightly, some not.
Chen Yaozi was very uncomfortable and asked the oil seller, "Do you know archery, too? Isn't my archery very clever? " The old man said, "Although I can't shoot an arrow, I know it's nothing." Chen Yaozi was annoyed after hearing this: "How dare you despise my archery!" The old man smiled and said, "I can pour oil for you." According to my experience in selling oil, I know that your archery is only practice makes perfect. "The old man said, took a gourd full of oil and put it on the ground, and put a copper coin with a hole in the mouth of the gourd. Then I scooped up a spoonful of oil and my eyes were fixed. The oil spoon is slightly tilted, and the oil flows straight into the gourd from the money hole like a thin yellow line. After pouring, the oil didn't touch the copper coin at all. The old man said modestly, "There is nothing but skill." Chen Yaozi was so ashamed that he never dared to boast about his archery again.
This story comes from Returning to the Field by Ouyang Xiu, a writer in the Northern Song Dynasty. By describing the skills of selling oil in Money Cave and discussing the ways to acquire the skills, this paper expounds that no matter what you do, as long as you master its objective laws repeatedly, you can be handy and use it freely, highlighting the importance of practice making perfect. The exquisite skill of archery and dripping oil needs long-term practice, but why don't we investors need long-term practice and tempering to form a stable and profitable trading system?
You know, a mature trading system is the trading rules that successful investors have summed up through a lot of actual combat. To make good use of it, operators must be familiar with the process, advantages and disadvantages of this trading rule and understand its special attributes-only when a specific market suitable for this trading rule appears can they obtain stable profits. Even if you learn from teachers and get it directly from successful investors, if you can't understand and comprehend the trading ideas, trading details, trading thickness and trading literacy behind the trading system, it is still difficult to control.
In the process of trading, even if the master tells you that this trading system can make a stable profit, the trading system that can make a stable profit will become strange and complicated and difficult to master because of the lack of personal trading time and training. Because you don't know when to stop loss, when to take profit, when to lighten up and wait and see, and when to attack heavily. These details and experiences can't be taught by words and deeds, but can only be discovered by yourself. For example, even if the oil seller in the story told Chen Yaozi the trick of dripping oil-how hard his hand should be and how many degrees his spoon should be tilted, he could not reach the level of dripping oil for the old man without long-term training and only using the trick in a short time. However, when the trading time is enough and the training intensity meets the requirements, the above questions will be answered and the trading system will be comfortable and handy to use.
It is said that trading is not easy, and it is even more difficult to maintain profitability in the cruel futures market. Just because your trading training is not strong enough, your time is not enough, and the price you pay is not enough. There is only one reason why the Olympic champion of diving in China can keep such a low splash when entering the water, and why the spike strength and accuracy of women volleyball players are so high. After repeated training, every link is mature, and practice makes perfect, so that he can make conditioned reflex without thinking, form instinct and reach a height that ordinary people can't reach.
Therefore, successful traders also need to pay a lot of energy and financial resources, including time consumption and money loss, repeatedly practice your trading skills, master a mature trading system, and develop a deep trading foundation, so as to improve the success rate and profit margin of each transaction and reach the realm of "nothing but hands-on".