Traveling and making lists can cultivate one's self-cultivation, which is a better living condition.
As long as you can be happy and do well, you don't have to pursue a particularly high rate of return.
Regular life can certainly improve the return on our investment.
The resumption of trading is a particularly important link for trading, and you can see your own right and wrong.
I mainly look at the places where I make the most money and the places where I lose the most money.
In addition to making profits, futures can also be used as a kind of practice, because people who do not do well in futures may have some defects in their personality.
What we really care about is the law of futures itself, that is, Tao, not how much money we earn every day.
"Tao gives birth to one, two, two, three, and three gives birth to everything." All investors, as long as they know the "one" of "Tao gives birth to one", will certainly succeed. This is my original concept.
"One" here refers to a core technology, which can be found in the futures market, such as a graphic.
If investors can really focus on "one" instead of blindly pursuing more profits and more moves, it should be easier to succeed, which is why I named it "".
Find one or two regular details and read them over and over again every day. After a long time, subtlety comes out.
Generally speaking, I do two kinds of orders, one is the three waves formed by the trend, and the other is the deviation of intraday technology.
The real breakthrough lies in psychological change, because the technology is simple.
The level of people who continue trading (stock index futures) is higher than that of the original people.
My idea is basically to stop loss if it is wrong.
I didn't deliberately control my retreat. Anyway, the success rate is ok, about 67%. The daily income is basically stable, with occasional losses, but as long as you stick to it, you will still make a big profit, regardless of 1-2 days.
The key is whether your understanding of the core things is particularly in-depth, whether the research is particularly sufficient, and whether you spend a lot of time.
No matter how tall a person is, there will still be blind spots.
Luck is something we should avoid in our short-term work, which may cause very big mistakes.
At that time (2065438+June 29, 2005), the loss was huge, but it was also a good thing for me. I could practice hard and study more, which would be good for the future.
As long as you keep your usual state, you can earn 2%-3% a day, and you can earn it back in two months. The result also met my expectations.
The profit of IC may be more considerable and more volatile.
The core idea of the unit is the three waves trend. I left after three waves to five waves, and most of the time I was empty.
1, Hello, thank you for being interviewed in your busy schedule. You used to be a part-time futures trader. Why do you want to become a full-time futures trader? When did you start working full-time? Have you made any significant changes in your performance after doing futures full-time?
I started full-time trading in May this year, because I feel that full-time trading is relatively more free and can better cultivate my self-cultivation. In addition, I can focus more on futures.
The performance of full-time futures trading and part-time futures trading is still very different, because I work most of the time when I am part-time, not on the disk, and basically short-term, so part-time is still out of control. Most of the income of the account comes from full-time transactions after April and May.
2. Now you and a few friends are "traveling to make a bill" and treat the transaction in a relaxed and plain way. However, some people think that the transaction should be kept in a relatively tight state, otherwise it will be easy to neglect. What do you think of this? Why did you choose this way of "making orders while traveling"?
It may be better to stay in a relatively tense state. It may be lower to make orders when traveling than to make futures quietly at home, but our goal is not to make money completely, but also to live happily for ourselves, so I think making orders when traveling can cultivate one's self-cultivation and is a better living state. Futures is a way for us to make money, and it is also a kind of cultivation. Therefore, our positioning has not gone all out. We must put the future first. I just feel happy and do well, and I don't have to pursue a particularly high rate of return.
Your daily life is very regular now, such as going to bed early and getting up early, and taking a nap after closing. Excuse me, what are the benefits of a regular life for trading?
I think people who do well in trading should be very quiet and peaceful, and a regular life can make them reach this state. If a trader can't be calm and objective, his income will certainly not be ideal, so I think a regular life will definitely improve the income of our investment, which is completely relevant.
4. You usually give double copies every day. What are the main transaction details to check when making a double offer? How to summarize and improve from repetition?
I think the resumption of trading is a particularly important link for trading. You can see your own right and wrong. It used to take a long time to resume trading, and you would think about the reasons for each order you made. But now because I am familiar with it, the resumption time is very short. Basically, you can watch it for 5- 10 minutes every day, and then you can think while walking on the road.
I mainly look at the places where I make the most money and the places where I lose the most money in my transactions. I watch it every day, which can reduce mistakes and enlarge gains. If I focus on these two key points, the income will be much better over time.
5. You said that "making money as a supplement, cultivating self-cultivation as the main way to do futures now". What do you mean by "cultivating the mind and nourishing the nature"? Why is it more important for you to cultivate your mind than to make money?
I think a happy life is the most important thing. "Self-cultivation" can help me understand myself and my inner world more deeply every day. I have always been interested in religion and western philosophy, which is a more important goal in my life. In addition to profit, futures can also be used as a kind of practice, because people who do not do well in futures may have some defects in their personality, so I think these two aspects are not contradictory. My main energy is still "cultivating the mind and nourishing the nature", including my full-time futures trading now. In fact, I spend more time cultivating my mind and looking at western things such as philosophy and Taoism at home, which is what I am most interested in. As for the positioning of futures, I just want to get some wealth from it, be able to support my family, or it would be better to have better returns.
6. You have spent a lot of time on emotional cultivation, but now you can basically be unaffected by the outside world. In your opinion, is there any simple and effective way to keep traders from outside interference?
My greatest experience is that I am not influenced by the outside world. First, what do I care? If I pay attention to the income every day, I will definitely be influenced by the outside world. In fact, what we really care about is the law of futures itself, that is, Tao, not how much money I earn every day, so I don't have the concept of how much I earn and how much I lose in my mind. I only pay attention to whether the law is really mastered every day. Second, to keep your mood really stable, talk to your mood every day to see when you are excited, or what market you are facing on the disk is impulsive, and your mood fluctuates. We can review this moment after the close, and why we were relatively excited at that time. If we can review our emotions and talk to them every day, our emotions will not fluctuate so slowly. After so many years, I will not be disturbed by the outside world, and so will my life. I still have to practice every day.
7. Your futures products only do stock index futures. Have you made any other products before? Why do you only do stock index futures?
Relatively speaking, stock index futures are more objective, because it is related to the broader market and involves many targets. I have been engaged in commodity futures for several years, but I think commodity futures are more likely to be manipulated. The stock index has many targets, so it has its own relevant laws, even if it is manipulated, we can see it, so I think the stock index is more objective. Later, I decided to do stock index futures and gave up everything else.
8. What is your core idea of stock index futures?
I had a core idea when I started investing in futures. I didn't know how risky futures trading was at that time, but I was sure I would succeed in this business. Why am I so sure? Because there is a saying in Taoism: "Tao gives birth to one, life gives birth to two, life gives birth to three, and life gives birth to everything", all investors will succeed as long as they understand the word "Tao gives birth to one". This is my initial idea. "One" here refers to a core technology, which can be found in the futures market, such as a graphic. There are tens of millions of technologies in the futures market, as long as one can be found. If you spend 1 year, 2 years or 3 years repeatedly watching and experiencing this kind of graphics, you can surpass most people and reach the peak in this field. Therefore, if investors can really focus on "one" instead of blindly pursuing more profits, they should be more likely to succeed, which is why I named it "".
9. You use intraday short-term trading mode for stock index futures. It took you two or three years to take shape. What changes have taken place in your trading system in these two or three years? As far as you are concerned, from unstable losses to relatively sustained profits, what breakthroughs have you made?
The trading system has basically not changed much, but it is constantly improving. I don't do too many methods, just do what I have mastered. Maybe I spend more time in this area than many investors. I spend a lot of time studying my own money-making technology. After a long time, you can naturally break through, so there is not much change, just some technical accumulation in the day, and then you can watch it repeatedly every day.
There are two aspects to the breakthrough. One is mentality. Just sharing and controlling emotional changes actually makes it unstable from the beginning, especially when losing money. However, with the passage of time, slowly shift the focus, I will pay attention to the disk. I think the understanding of the stock index will be profound every day, and it may take a lot of time. When the time is up, the technology will be in place. On the other hand, I pay more attention to rules than profit and loss. In fact, I wonder every day whether I should pay attention to making money or master these laws. If I change my focus, I will gradually improve. So it took several years for these two aspects to come slowly, and then I gradually turned from loss to profit. After this process, I really made a profit, and it was relatively difficult to turn losses around.
Is it just to look at which lists should be done and which lists should not be done every day, and then repeat the lists that should be done?
Yes, I summed up some lists that might be profitable, paid attention to those subtle details, and then studied them again and again. Actually, every day is very similar. After all, there are only a few kinds of graphics. If you read more, you will naturally find some regular details, find one or two regular details, and then read them again and again every day. After a long time, the nuances will come out, and it is enough to do this.
10. Before the stock index futures are restricted, you trade 30-40 times a day. What level of K line do you mainly look at in trading? Do you watch the time-sharing chart or the beat of the dial?
: generally, look at the one-minute k-line and time-sharing chart, and don't look at the others.
1 1. When you enter the market, which form do you mainly take? Will you refer to the volume or related indicators?
Occasionally pay attention to the volume, but this is not the most important. I usually do two kinds of orders, one is the three waves formed by the trend, such as the three waves formed by the trend after a wave comes out, and the other is the deviation from technology in the day. Basically, these two kinds are the main ones. Now Man Cang may only do it four or five times a day. Others try small orders, and profit is one of the most important trends.
There is also a concept of volume deviation. Sometimes, like a breakthrough rise, the quantity can be enlarged and the quantity can be enlarged accordingly, which is a very obvious trend market; If you can't increase the volume in the upward trend, then the short-term trend list in the day will not be done. You need to take a break and flatten the trend list.
12. Do you only make homeopathic orders? Can you also make some contrarian orders? Under what circumstances would you make a contrarian order?
Contrarian orders are usually made when there is a high and low deviation point in the volatile market. For example, the market really can't get up after a period of shock, and there are deviation techniques in specific indicators. At this time, you can make a contrarian order, but you must first make sure that this day is not a trend. If it is a trend, it seems to deviate, but it is actually easy to break through. So the first thing is to have a comprehensive concept, and then occasionally make a contrarian list. If you are prepared in advance, there will be no big risk.
13. Do you mainly explore and summarize your own trading methods, or learn from others, or learn from other places?
Read some books, such as wave theory, Japanese candle map, etc. , but I still watch it myself. The real breakthrough lies in psychological change, because the technology is very simple, and everyone may read some books, but the psychological things are more complicated, that is, philosophical understanding is more important. Just like some concepts of Buddhism, Taoism and the West mentioned earlier, I spend more time, basically every day.
14. Later, stock index futures were restricted. How long did it take you to get used to it? How many times do you go back and forth every day now? What is the main difference between the current trading method and the previous one?
Although I have adapted to it now, I am still exploring and optimizing my own business model. Generally speaking, the list is a little longer than the original one, otherwise I can't do it with a few hands, but it takes a long time to get the list, and the seemingly weak differences are often very different, so I have been exploring and testing new methods since 2065438+September 2005. In the case that the original method is basically unchanged, how to hold the list for a longer time will not be good, but it is still a study, and it should be better by 20 16.
15. At present, there is a limit of "10 lots" for stock index futures. Will you finish trading in the morning, resulting in nothing in the afternoon (you may miss bigger and better quotes)? How do you reduce this situation?
This kind of situation is rare and happens occasionally. In fact, there are not many qualified operation opportunities in one day. Generally speaking, there is a market in the morning, but not necessarily in the afternoon. There is little possibility of a market in the morning and afternoon, unless it is unilaterally rising, so there is basically no such problem. I did it in a balanced way. Unbind all the bills locked yesterday in the morning and open a new bill in the afternoon.
16. What's the difference between the current method and the previous method in terms of profitability? Why is the difference so big?
The profit difference is nearly 10 times, because we used to trade in Man Cang, and our original trading frequency is more than ten times now, but now we do less, so I estimate that the profit difference is at least 5- 10 times.
The main reason is that the stock index is limited now, and too many orders are not allowed, and the level of people who continue to trade now is higher than that of the original people. Before, everyone was making a willing or unwilling deal. Now the level of traders in the whole country is relatively high. After all, many people have been eliminated or given up, which is one of the reasons. More importantly, we may not get the order now. It used to be enough to place an order with one button, but now it's not enough, because if you place an order, you may not be able to eat it alone, so it's slippery and I hesitate to do it. There will be no such problem. It turned out that there could be great profits. Sometimes, although it only lasts for a minute or two, the profit is very considerable.
17. When you are in good shape, you can only lose one day a week, or even one or two days a month. In your opinion, what kind of state is "good state" and what kind of state is "poor state"? Are you often in a bad state? If you are in a bad state, how will you adjust?
It may be a person who has just started trading, and sometimes it fluctuates with gains and losses. This problem is gone for me. I am in a bad state occasionally now, which may be caused by some unexpected interference, such as the phone call from a foreign friend and a sudden visit, which may interfere with my judgment at that time, thus affecting my income. Other aspects of the state is relatively stable.
I was hardly disturbed. I told my friends not to contact each other as much as possible when the market opens, so I usually make orders quietly at home, without the interference of phone calls or guests, so I basically keep my status ok.
It's rare to be in a bad state For the average person, the psychological mood may be easily affected by the investment income, and we have experienced this process before, and now it is basically gone. It is important to have an objective and calm mind. It depends on whether you are calm objectively. When you analyze your emotions rationally every day, your emotions will not fluctuate slowly. Many people often fluctuate because they don't analyze their emotions and don't know themselves. "See" your emotions every day, and your state will get better and better.
18. How to set the take profit and stop loss for each order? In general, how to control the withdrawal of the whole account?
: My mind is basically to stop if I am wrong, so I didn't set any point. If I walk longer, I will flatten out immediately. This is how I control it. Take profit is pre-judged, and take profit according to two aspects, one is the forecast time and the other is the forecast point.
I didn't deliberately control my retreat. Anyway, the success rate is ok, about 67%. The daily income is basically stable, with occasional losses, but as long as you stick to it, you will still make a big profit, regardless of 1-2 days.
19, there are many people who do intraday trading of stock index futures. What do you think is the difference between your method and others?
I didn't communicate with them much. What I explored myself may not be the same as theirs. There is not much communication in methods, mainly in mentality. The key is whether I have a deep understanding of the core things, whether the research is particularly sufficient, and whether I have spent a lot of time. I may spend more time in one or two areas. Insist on doing it in your own way, and the result will come out naturally.
If you are good friends, you can communicate deeply, pay attention to the daily disk and every order you make at a certain time, and study why you make this order, why you open it, and why you are equal. These good friends will naturally get rid of many shortcomings by studying every day. This kind of communication is still of great help to us.
20. Is the exchange of trading ideas and trading skills among experts helpful to improve the trading level? How can it help?
If we communicate together, the trading level will definitely improve and many shortcomings can be corrected. No matter how high the level, there will still be blind spots, and several people can promote each other together. I can point out their shortcomings and deficiencies, and they can also point out mine. No matter whether this person's level is higher or lower than mine, everyone can analyze and debate, and finally find that some places that go up should actually go down, but some people may not understand it before, so I think it is definitely beneficial for everyone to discuss how to improve their level together. As long as everyone has an open mind and mind, I am very happy to have such an exchange.
2 1.20 15 On June 29th, you lost more than 4 million yuan. What happened that day that caused the sudden big loss? What lessons have you learned from it?
That day, the disk fluctuated greatly, falling directly from the daily limit to the daily limit, and then rising again. To sum up, there may still be luck. Usually I place an order in my room without being disturbed. On the first day of my child's summer exam, he just walked into my trading room, and I talked to him unilaterally. After half an hour in the morning, I made a profit of more than 500 thousand, and my mind was relaxed. I knew I was out of position when I looked at the disk. According to my usual way, making more orders should be out. On that day, my profit was considerable, and my heart was relaxed, so I wanted to wait for a higher point. Luck is something we should avoid in short-term work, which may cause very big mistakes. It was nearly half an hour at noon that day, and I came out a few minutes before the limit, because I was worried that there would be trouble if I stopped one day and stopped the next day. The loss at that time was huge, but it was also a good thing for me. I can practice hard and learn more, which is good for the future. The root cause of the loss that day was luck, hoping to find a high point. In fact, there is no need to wait in the short term. If it is wrong, it will be lost at that time. This is also a concept. I didn't stick to this idea at that time, and there are still some shortcomings in making decisions now.
22. You said that after the big loss that day, you felt that you would definitely earn it back later. Why did you have such confidence at that time?
I lost millions that day, and the child dared not speak in the room, but I told him calmly that it would take two months to earn it back. I still have the confidence to earn it back, because after I work full-time, I make a profit of1-200,000 every day. As long as you keep your usual state, you can earn 2%-3% profit every day and earn it back in two months. The result also met my expectations. I don't have a strong desire for capital turnover, but I do it calmly, and this confidence mainly comes from having a sustainable profit rate in the early stage. Just keep this interest rate every day, and I can earn it back later.
23. You are now involved in three varieties: IF, IC and IH. What are the main differences between the fluctuations of these three varieties? From the perspective of day trading, which variety is more profitable?
The profit of IC may be more considerable, because the fluctuation is greater, so I mainly do IC. After I finish, I will use a little money to do it if it is the slowest profit with IH and IH. Every day, we will see whether large-cap stocks will rise or small-cap stocks will rise according to the market. Generally, the IC of small-cap stocks will rise rapidly, which is basically the law, while the IH of large-cap stocks will be better.
24. While doing stock index futures, did you pay attention to the stock market and participate in stock investment? If you participate in stock investment, what is the core idea of your stock investment? How do you usually choose stocks?
I have been trading stocks since 1996, and I have never stopped. However, since I started trading stock indexes, I have been more focused on trading stock indexes. I don't spend much time on stocks, but I basically go to see them and sometimes buy some. Because the stock index is not that big, I will make some stocks.
The core idea of the unit is the three waves trend. Finish three waves, rush to five waves, and you're gone. This is basically the way to do it. Most of the time you are empty, so the profit is relatively stable.
There is not much pursuit of stock profit, so I will do some brokerage stocks, and it is ok now. In addition, we will also do some small-cap stocks, as well as some emerging industries of network and high technology. Although there is little research now, we will still participate occasionally.
25. You are studying SGX A50. What do you think is the difference between its fluctuation characteristics and rhythm and domestic stock index futures?
A50 is related to foreign atmosphere. It is not completely synchronized with the domestic stock index. I probably looked at it, but I wasn't completely sure, so I didn't go deep. I've opened an account now, and I'll do it later when I'm sure. Because domestic stock indexes are still profitable every month, I haven't studied A50 in particular.
Do you think your trading method in internal stock index futures can be applied to A50? Do you need to make some adjustments?
I'm not sure whether the inner disk method can be used on A50, so I didn't do it. Its law is the same, which is reasonable. In fact, I just need to spend time studying it, but now that the domestic stock index can make a profit, I won't spend too much time studying A50, because it will calm down after the close every day. The real law should be similar, there is not much difference, but you must find it yourself in terms of volatility. After all, domestic stock index research has taken many years, and A50 has not been thoroughly studied yet.