Yang Liang, who lives in the magic capital of Shanghai, chose a futures market where only 5% people can survive as a professional battlefield. He didn't indulge in the obsession of metropolis, pursue wealth blindly, study hard every day and stare at the market galloping; I have never thought of "fame is king", and I have no lofty ambition to establish an investment company that represents customers, even though the ups and downs are common in the history of futures experts' growth ... It is such a person who seems to have no pursuit and is content with the status quo, but can maintain an annual income of 20%, have a perfect income curve that will rise steadily forever, and live a plain and comfortable life of watching TV, cooking and tutoring children's homework.
Throughout his futures investment career, it can be summarized in one word-stability. Before he formed his own trading system, all his operations were in the hope of losing less and not losing money. However, after achieving stable profits, although there were excess profits, there was no good result in the end, so now he is pursuing the steady growth of funds under the premise of controlling risks.
Explore the secret of success
As a 70-year-old man, Yang Liang obtained a postgraduate degree from Xi Jiaotong University in 1990s, majoring in refrigeration and air conditioning. At that time, he was a scarce high-end technical researcher. After graduating from graduate school, he signed a contract with an air-conditioning company in Guangdong to work in R&D, and later moved to an air-conditioning R&D center in Shanghai. A steady job brings considerable income, and naturally he also has economic needs. I started to invest in stocks in 2006, and watched the market through computers and mobile phones every day. There was no big gain or loss, and later I dabbled in foreign exchange. In his view, these are just a means of financial management, and I never thought about making a living by investing in the future.
In 2008, I came into contact with futures and felt that futures were better than stocks. First, futures are easy to choose and not easy to be manipulated by big funds, which basically reflects the relationship between supply and demand. Second, futures can be short or closed at any time, so he has a strong interest in futures. Interest gave him the motivation to study, and he began to read classic books on investment. "I have read all the classic investment books, but I only read the most classic ones." Yang Liang told the reporter of Futures Daily that due to work reasons, he could not pay attention to the market in real time, so it was a trend operation from the beginning. Coupled with the unique calm personality of researchers, the road to finding the secret of success seems unremarkable.
According to Yang Liang, his early trading has always held such a mentality: First, we must invest rationally. At first, he only invested1200,000 yuan in principal. He believes that before finding a trading system that suits him, the loss should be controlled within his tolerance; Second, we must control risks. First, we should go into battle lightly. The general position is controlled at 25%-30%, and the stop loss is timely. If you think the trend is wrong, close the position. He believes that if you do the above two points, you won't have too much psychological burden, and you won't let your emotions control. In the case of controllable risks, although there is no stable profit, there is no big loss, the biggest loss is around 20%, and of course there is no big profit.
At the same time, Yang Liang began to study his own trading system. He doesn't have much time to pay attention to fundamentals, but is only interested in technical analysis. So at that time, when he came home from work every night, he would learn various technical theories by reading books and reading other people's articles. Study at night, put into actual combat during the day, and slowly find your own trading signal in constant summary and adjustment. He said frankly: "If you lose more, you will know where to lose money and how to make money. In this way, at 20 12, I realized the stable profit of futures trading and gained 79.5% of the income. "
Establish a trading concept
After realizing the stable profit of futures, in 20 13 years, Yang Liang quit his job and started to do futures full time. Most professional futures traders will make a qualitative leap and realize the rapid growth of income after finding their own methods. "However, in the first two years of my full-time trading, my income did not double, and I only earned less than 10% for the whole year." Yang Liang said that this became the most impressive experience in his futures career, which also prompted him to further improve his trading philosophy.
20 13 and 20 14, he basically made more than 30% in the trend market first, but lost money because he didn't appear in time. In the end, the annual income of 20 13 is 7.6%, and that of 20 14 is 9.9%. "I'd rather earn only 20% a year than make a bad deal for two years, earn 50% a year and lose 20% the next year, so after earning 20%-30% a year, I won't play." To sum up, Yang Liang said that after determining the income target, he felt that his trading was much easier. From 20 15 to 20 17, he maintained a profit of 20%-30%, and the maximum retreat was also controlled within 10%.
He believes that the most important thing is to maintain the steady growth of funds. In the end, ups and downs may not necessarily make much money, and it is unrealistic to insist on high income every year, but there is a 20% income every year. Maybe you can do it yourself. In this way, he gradually formed his own complete trading concept: "Small risk and sustainable profit are my trading goals, medium and long-term trend tracking is my trading method, and technical analysis is my operating basis, which determines when I enter the market and when I leave. Although there is no stop loss, I feel that the trend is wrong and I will close my position. The retracement will not exceed 10%, and I will decisively reverse the position. "
At the same time, he also diversified risks by trading multiple varieties, thinking that he could trade as long as the trading volume was not too small, so he traded more than 20 varieties at the same time. In terms of fund management, half of the funds are reverse repurchase of government bonds, which is also regarded as insurance funds for futures trading by him; The other half of the funds are in the futures account, and the position does not exceed 50% at most. "A good attitude is the most important factor for success. A good attitude can ensure that you carry out the trading strategy as planned, and peace of mind will be a blessing. Have a good attitude, don't rush to make big money, and don't worry about losses. If you do it in the right way, you will have good results. " Yang Liang said.
Enjoy a dull life
With a sound trading concept and a suitable trading system, Yang Liang's futures trading can be said to be under control. His longest holding time is three to five months, and the least is only three to five days. At present, he can only watch or trade once a day, 120 minutes. When he loses money continuously, or reaches the profit target, he will play for two weeks and take a rest before operating.
He always believes that trading is just a part of life, not the whole thing. When the reporter of Futures Daily asked him how to arrange his daily life, he replied: "Every day is watching TV, picking up children and cooking. I gave up my job to do futures just to relax. I am very satisfied now. I can survive in the futures market and earn 20% profit every year. I am very satisfied. Easy trading and easy life are my goals. As the saying goes, contentment is always happy. Futures itself is a means of financial management. The purpose of making profits is just to make life better. If you are tired and tired simply for trading, isn't it against the original intention of trading? " It is the highest state of life to have such an open-minded feeling and dare to pursue dullness.
Finally, Yang Liang also said to his friends who entered the futures market for the first time: "This is not a road that no one has taken, but a road that has not been taken. I wish those who have the heart can stick to it and reach the other side of success. "
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