Stanley kroll is a famous American futures expert. During his 33 years in the American futures market, he earned $654.38+$08,000 with two books, Futures Trading Strategy and Futures Professional Trader. His works are profound in thought and rich in connotation, which has important guiding significance for enlightening investors' wisdom and realizing transactions.

The main difference between winners and losers lies in whether the first-level feasible strategies are used consistently and whether there are restrictions.

First of all, a good trading strategy should follow the rules.

According to Crowe's summary of investment strategy, a good investment strategy must abide by the following rules:

1, only participate in those markets where the trend is strong or major trends are emerging.

2. Establish the position in the moderate callback position of major trends, that is, to do: First, look at major trends; The second is to enter the market when the callback is in a moderate position. It is foolish to violate these two points.

3. When the stock changes in a favorable direction, stick to it, avoid intraday trading and profit from contrarian trading.

4. When the change direction of the stock is favorable and confirmed by technical analysis, you can add positions under certain characteristic conditions and add positions according to the pyramid.

5. Unless the trend analysis shows that the market reverses or triggers a stop loss, you should continue to hold it.

6. The market develops in the opposite direction to the expectation, and stops the loss.

Second, Crowe's trading strategy

Crowe shared his specific trading strategy in the book and followed the KIS principle (keep it simple). Crowe's trading strategy is as follows:

1, trend identification

Taking the 50-day moving average as the trend indicator, this paper compares SM _ (50) with the daily K-line closing price to identify the mainstream trend of the market. Remarks: In this paper, 50-day SMA is represented by SMA(50).

Trend direction judgment:

A. Upward trend: the closing price is higher than that of SMA(50), and SMA(50) inclines upward.

B. Downward trend: the closing price is lower than SMA(50), and SMA(50) inclines downward.

C horizontal market: it is shown as an undirected moving average, which is approximately equal to the price line.

Trading principle:

In the listing trend, only hold long positions or not enter the market, and do not hold short positions.

In the downward trend, only hold short positions or do not enter the market, do not hold long positions.

2, the upward trend

A. buy when the long-term signal is as follows: closing price > SMA( 10)>SMA(20) > shape memory alloy (50).

B. Stop loss exit (only closing positions, not short selling) uses short-term signal: closing price.

C. If the trend continues to rise according to SMA(50) after the stop loss goes out, the short-term buying signal for re-entering the bulls is: closing price >; SMA(4)>SMA(9) > shape memory alloy (18).

3, the downward trend

A. When the long-term signal is as follows: the closing price is lower than SMA(50) and SMA(50) inclines downward, sell it.

B. Short-term signals used for stop-loss exit (only closing positions, not going long) are: closing price > SMA(4)>SMA(9) > shape memory alloy (18).

Finally, let's make a summary.

"Follow the trend", only when the market has strong trend characteristics, or your analysis indicators show that the market is brewing to form a trend, you can enter the market;

The position of "following the wind" can bring you rich profits. Don't get off the bus early. Keep the position still until you objectively analyze and find that the trend has reversed or will turn back;

Cut off the loss ",the earliest loss is the cheapest loss.

Futures trading "the most profitable target", do not participate in short-term trading and oil-squeezing trading;

To be patient and disciplined means to wait for big trading opportunities, and to have the courage and courage to stick to your own judgments and positions.

Crowe trading method adheres to the principle of simplicity, abandoning the head and tail of the market and eating only the fish body.

Crowe is a real wise man. He is far-sighted and prepared for a rainy day, which is an example for futures investors to learn.