In foreign countries, there is a saying circulating in the securities industry: those who know don't talk, but those who speak don't know. In fact, it is the same in China. There are such posts on major futures forums: let you follow the post and see if it is a firm offer. To be offensive, this is just what the commentator did. There is no money in your account, so what kind of firm transaction is it to let others follow your simulation disk? If it is a real firm transaction, post the daily fund list of the futures company, with the company name and transaction serial number. If someone posts such a bill and it's profitable, you can follow him, otherwise it's all nonsense.
Most of the posts on the forum are brokers and account managers of futures companies. The purpose of posting is only to attract more customers, and there is little water in futures. These people are the most misleading. I might as well tell my novice friends here that there are so-called experts sitting on the cultural forum every week to answer questions from netizens. Once, it was someone I knew. He has only been doing futures for four months. If you don't believe it, that's your business. Even if you don't know anything about futures, you can do it right blindly, which is also the most charming charm of futures.
This topic is beside the point. Let's get down to business. For a novice futures trader, the first thing to do is to know his own personality. Doing futures is not just technology. If the calculation is successful according to the score of 10, the skill only accounts for 4 points, while the personality accounts for 6 points. Doing futures requires talent, and talent here refers to whether your character can do futures trading. If you are not fit to do it, but you want to make money from futures, you should ask a master to do it for you. This is very important. Let's see if we're the people who eat this line of work.
The second is to quickly understand the futures varieties. It is very important to find the right variety to do it according to your own financial situation. With little capital and poor risk resistance, copper and aluminum are not suitable for bulk, trading and very active varieties for the time being. Even with large funds, it is impossible for all varieties to get involved. Of course, having your own investment team is another matter.
The third is to master several basic technologies, that is, technical analysis methods. There are many tools for technical analysis. I want to understand them all before I do it. I don't know if I have to wait until the Year of the Monkey. Moreover, many technical analysis tools are actually contradictory. In fact, technical analysis doesn't need to know that much, and even many senior traders use a few simple analysis tools.
Fourth, read some classic futures books. There are too many books that teach you to do futures, many of which are flashy and are all left over from speculation. Just read some good books. Here is a book entitled "kroll on Futures Trading Strategy" written by Stanley kroll. This book does not teach you how to use technical analysis or fundamental analysis to make futures, but it can benefit all investors. This book has been on my desk for 24 hours. For me, every time I read it, it is tantamount to being taught a lesson.
Fifth, make an investment plan according to your own funds. Don't think that only large funds need to make investment plans, and so do small funds. A good investment plan is half the battle. In this scheme, you have to decide the kind of investment, predict the investment profit, set the investment stop loss, and gradually set the profit stop loss if the transaction is profitable.
Sixth: If you have done all the above four steps and done them well. So, what are you hesitating about? What you need most now is to enter the arena. Simulated trading will never make people progress. Remember this and don't spend time on it. The only thing you have to do after entering the market is to follow your investment plan step by step. If you keep up with the main trend, don't close your position. If you do the opposite, run away.
Seventh, when you are a novice, don't always soak in major forums, don't look at articles reviewed, stick to your own point of view, never run away when you make money, and never get out until you stop.
That's it. It is not difficult to do futures. Really, it's actually very simple.