Chance sparks the future.
If it weren't for the appreciation of Gao Haiming, general manager of Jinyou Futures, at the end of 20 10, it was hard for Pu Jinsong to imagine that he would become a monk halfway and enter the futures industry. After he entered the futures market, more people saw the loss. After careful study, he found that the reason why so many people lose money is mainly because investors regard futures trading as simple, pay too much attention to returns and ignore risks.
In his view, "futures trading is actually a game. This market may allow you to accumulate wealth quickly, but it is also a market with highly concentrated risks. If every transaction puts risk first, or tries to avoid market risks, then profitability will become relatively easy. "
"Look at the complicated things simply, and look at the simple things complicated. The futures market is actually a trading market. In this market, as long as you have a keen eye and a good perspective, you can seize the opportunity to make a profit. " Pu Jinsong told the reporter of Futures Daily that in fact, it is the same in the spot market, except that the futures market lengthens or shortens the traditional spot trade cycle, and at the same time enlarges the leverage and reduces the capital occupation. Futures trading is more free and controllable than traditional spot trading. "For risk, we must look at it in a complicated way. Risk control determines the life cycle of our transactions and also determines the career cycle of investors. " He said.
Win in the "crocodile trick", slow and steady, ruthless.
Pu Jinsong participated in the National Futures Company Trading Competition for two consecutive years. Last year, his "Fu Ying 6-9" account was ranked 19 in the fund group. This year, he entered the competition under the account of "Jinyoushan-1". He thought it would be good to squeeze into the top ten of the fund group, and finally won the second place in the fund group, which really surprised and delighted the whole trading team.
When talking about the secret of trading, Pu Jinsong believes that "crocodile technology" is the magic weapon to win. He told reporters that this year the team summarized and revised the operation strategy of the "Fu Ying 6-9" account last year. In order to improve the accuracy and winning rate of trading, they further restricted the opening conditions and strengthened the uniqueness rules of technical indicators. "General Manager Gao Haiming called our trading strategy' crocodile tactics', and we also think it is more appropriate, hoping to continue this trading style." Pu Jinsong said with a smile.
According to Pu Jinsong, the "crocodile technique" pays attention to calm thinking, waiting for opportunities, and moving slowly and steadily. "When trading, we will only open positions when several opening indicators studied by the team appear at the same time, and the indicators will not appear at the same time. We are determined not to open positions. The same is true of stop loss. Once we hit the stop loss line, we will execute it immediately. " He believes that the "crocodile technique" follows the principle of fast forward and fast out, big in and big out.
The reporter of "Futures Daily" found that compared with other participating accounts, the variety of "Jinyoushan-1" trading is relatively simple, with only the Shanghai and Shenzhen 300 stock index futures. Why did Pu Jinsong's team choose only one trading variety, instead of multi-variety operation? In this regard, Pu Jinsong explained that they are a technical team. Previously, the Shanghai and Shenzhen 300 stock index futures had good liquidity, active trading and strong anti-interference. In order to minimize the transaction risk, they chose this relatively mainstream variety.
"The advantages and disadvantages of single variety operation are obvious, but it mainly depends on the choice of traders." He believes that for mature traders, the advantages of single-variety operation are in-depth study of related varieties, familiarity with variety price fluctuations, and continuity and relative stability in trading; The disadvantage is that there are not many opportunities and the transaction needs to wait.
"Limited stock index futures trading has a great impact on us. Since the upgrade of stock index futures management and control, we have stopped trading plans. " Pu Jinsong admits that in this process, he was once advised to trade other varieties. However, in his view, it is normal to introduce stock index futures control measures this time. As a trading team, they have to do something different. The restrictions on stock index trading should be phased, which also gives them a chance to think calmly, because waiting is for a better start.
Standing on a bigger stage, you need to wait.
In this year's competition, the account "Eugene Youyi 1" also experienced great market fluctuations and missed many trading opportunities. "Not happy with things, not sad with things. We wait for every opportunity. When the big market comes or passes by, we will treat it with normality. Some are yours and some are not. " Pu Jinsong said frankly that when the market fluctuates reversely, the team will stop the loss in time. If you make a mistake, you must correct it. If you fail, you must face it and wait to set sail again.
"With a normal heart, risk is the cornerstone of profit" is Pu Jinsong's greatest feeling in the past two years. His greatest achievement is to stand on a bigger stage and show the team's elegance.
Some people say that trading is actually about the psychology of traders. Pu Jinsong believes that it is true that the trader's personality is one of the important conditions that determine the success or failure of futures trading, but it is not a decisive condition, because this condition varies from person to person and may change at any time.
In his view, no matter what personality, it is possible to succeed in the futures market. Traders should not only have a comprehensive understanding of futures trading and risk control, but also have an objective expectation and pursuit of income. But one thing, people who want to make huge profits or get rich overnight are not suitable to enter this market.
"Since you have entered this market, you must love it deeply." For the future, Pu Jinsong is waiting for the relaxation and lifting of trading restrictions on stock index futures. "At that time, our team will send more asset management products, so that friends who support us can share our happiness." He believes that their stage will be bigger and bigger, and the road ahead will be more colorful.