The futures market is no different from other markets. It is a neutral thing in itself, and has no natural feud and enmity with anyone!
The market will never take the initiative to hurt anyone! However, a scene that we don't want to appear often is that every trading day, many people will be bloody in this dreamland that they think they can achieve brilliance!
Then what caused this cruel scene? What made traders' hopes turn into despair and shattered their dreams? ! The answer is not the market, not the institution, not others, not anything except you!
You hit your own death point! Guess what? These are the dead spots that make us uneasy:
rash
The core content of speculative trading has always been fund management, and its position can even override other trading rules. If traders don't have their own principles and discretion in this link, their long-term profits may be lost! In fact, any extreme may cause eternal pain and regret!
Excessive trading is also a gambling transaction. Based on the lucky thinking of quick success and instant benefit, it starts with a large proportion of leverage, which is the main reason for many traders to explode their positions.
We all know that trading deals with an uncertain future. No matter what method you take, there is no absolute guarantee that what you think will happen. If so, why buy all the positions?
Many people in the market regard futures as gambling, so they enter the market in a self-righteous transaction, and they will be in high spirits if they succeed, but the final result of this habit is: as long as you are not lucky enough to leave early, then this market is the last hometown of your funds!
Even if you don't know anything, you will occasionally do it right once or several times in the market. This is the biggest temptation and sadness of trading. It is this time or several times that you are right, but what you bring is self-expansion, without proper limit! Let you give up your self-control and let your dream finally break.
Don't be frugal.
Some traders died because of heavy positions, but many people failed to escape the fate of losses because of frequent access and excessive trading! Too frequent operations and too much attention to trends and small changes in intraday trading are another important reason for the failure of most investors.
Frequent operations not only make us pay high transaction costs, but also make us highly nervous. A little carelessness will lead to losses, affect our mentality and aggravate our mistakes. From a psychological point of view, there is no plan, the list is easy and emotional. In the end, the mentality is very poor and the odds are great. Just like a blunt knife cutting meat, cut it off bit by bit.
The market is ruthless, and it specializes in repairing those who make random transactions with their emotions. The last terrible psychological evil influence of day trading is the tendency of self-abuse, which is the inevitable result of excessive trading!
The market is fair, even if you don't care about your own money and transactions. Do you still expect sympathy from the market?
I don't know whether to go forward or backward-there is no discretion.
Trading is the beginning of success or failure of trading. Good entry point, exit point and rhythm control in the process of market development are topics that traders must study in depth. This is the technical weapon and equipment of traders. If traders do not have their own systematic methods and principles to implement at this point, then it is absolutely inevitable that there will be losses.
In fact, many traders blindly enter the market when they know too little about the market, which is one of the most important reasons for the large-scale losses of futures traders. In fact, the futures industry, like other industries, cannot succeed without systematic learning and a lot of practice. The consistency of trading strategy is a necessary condition for stable profit and long-term survival in the market.
Different entry bases correspond to different exit strategies, and any confusion and ambiguity will lead to failure. If there is no systematic trading strategy, there may be problems in any link, and these problems are difficult to solve alone, and the isolated investigation mentality can not really solve the problem. A mature investor should have a comprehensive inspection of his own ability.
Unwilling to give up
In futures trading, operational errors are common, and the loss itself is also the cost of the transaction. It is a part of your whole trading process, which is normal and inevitable. However, once you make a mistake in the direction, refuse to admit your mistake, and fail to stop in time with luck, it may cause great losses. Over time, the final failure of the transaction is inevitable.
Unwilling to give up and never admitting his mistakes, on the one hand, it is a misunderstanding of speculative ideas, vanity and psychological obstacles; Once the position is opened, there is no stop loss and fear of waiting. It's like tying yourself to a car that has no braking system and will overturn at any time, hoping that the price will move in the direction of opening the warehouse.
Speculation is not gambling. Luck and luck can't always be with you. If you want to make a stable profit, you can only rely on your real strength. The market has its own operating rules, and it is not transferred by anyone's will. The bad trading habits of luck should be completely eradicated in your own trading behavior, otherwise the future trouble will be endless.
Unwilling to give up, never admitting your mistakes, on the other hand, technical factors. There is no stop loss order to limit its loss, or the stop loss order is not strictly enforced, which is invalid; One-sided pursuit of winning rate, afraid of losing money, the final outcome is often the kind of reluctant result you don't want to see and get!
Don't reflect.
In futures trading; Failure is perfectly normal. There are failures caused by our ignorance of the market, failures caused by our greed, failures caused by our fears, and so on.
Futures investment is a contradictory process; Someone once asked Tom, the founder of IBM. How can Watson succeed? At that time, Watson replied that to succeed, you must first experience failure. Churchill also said: "Success is constantly moving from one failure to another, but never losing enthusiasm."
What is difficult is not failure, but introspection after failure! Is to learn from the failure, so that you will not repeat the same mistakes in future transactions! If you can't learn from your failure and learn from the experience you should have gained, then your failure will be in vain, then your failure will continue, and you will eventually get failure!
Fauville. Boxton once said: the biggest difference between people, the weak and the strong, and the small and the big lies in the attitude of learning, the depth of reflection and the scale of action!