Reading tips:
First, the core difference between winners and traders lies in the tolerance and tolerance for losses.
Second, the positions around 10% are not antagonistic to heavy positions, and light positions are to train the ability to bear losses.
Third, readers and the market are the real mentors, and my opinion is limited.
One of the characteristics of successful people is that they will tolerate, accept and face losses with a normal heart. Only when facing the loss, take precautions, be open-minded, treat, tolerate and understand the loss as usual, can you become a winner.
Traders must remember that frequent stop loss is a bad habit and a taboo for trading. People who often stop will never be winners. Frequent stop loss is self-discipline, self-crusade, self-destruction, and a self-restraint behavior. Frequent stop loss is a concentrated expression of short-sightedness and shallowness of a trader. Frequent stops are even more fierce than the losses caused by the trading market, because after the market makes you lose money, the market may turn around at any time and gradually become profitable. When you face the floating loss, you stop loss in a state of panic, panic, urgency and urgency. This is a down-to-earth, thorough and veritable loss.
The problems in the transaction are really only exposed in the loss. The joy of profit can cover up the defects and problems of any transaction. Losses never cover up problems, but expose them in broad daylight. It can be said that the loss is a great opportunity for trading improvement and progress. If it is a series of frequent stops. You don't have any opportunity and process to precipitate, summarize and improve between two losses. You are cutting yourself off from becoming a winner, and frequent stop-loss can't survive in the market.
In fact, sometimes I say that futures are very simple, just like we are human beings: human feelings are practiced. A mature person can tolerate and calmly face mistakes and problems, coexist with shortcomings and dance with them. Everyone has mistakes and defects. There is no one in the world without shortcomings and mistakes. If there are mistakes, it will bring losses, but it depends on whether you can tolerate and treat them correctly and properly handle and resolve these negative problems.
Tolerating losses is easier said than done. The difficulty of dealing with losses and the attitude of tolerating losses are the most concentrated tests and displays of a person's emotional intelligence and trading concept, psychology, skills and literary talent. For example, a person can persist in treating his dissatisfied partner, who has some shortcomings and personality problems, and can live in peace, which shows that this person's emotional intelligence must be high, inclusive and tolerant. Such people are likely to successfully handle losses in futures. If a person doesn't rub sand in his eyes and insists on such an attitude of life of keeping fish clean and keeping improving, he can't tolerate and accept losses at all. Su Huang met some traders who could never stand the green handwriting on their accounts and closed their positions at the sight of losses, euphemistically calling it better.
There is no one in the trading market who is not overwhelmed and intoxicated by the joy, praise and applause of profit. When you can continue to make profits, you have already laid the groundwork for containing and tolerating losses from your heart, trading techniques and trend cognition. Only based on the long-term design of the transaction, can you accept the loss calmly and tolerate the loss, and you will be very close and become a winner soon. What should we do if there is a loss? All of us must remember our first loss in futures trading. Let's briefly talk about the handling of losses later, and then discuss them in detail later. Losses make you confused, scared and nervous. What successful people have in common is that they can handle losses properly, reasonably and appropriately.
Successful people are exactly the same as successful managers and operators in our real life. Their core competence is the ability to control, predict and solve crises, losses, major accidents and turbulence. This kind of ability needs its own processing ability, but also needs foresight, broad vision and strategic thinking.
A friend said that when I saw your firm offer, the position reached 65%, 70% or even 80%, which was inconsistent with your 15% position. Do you mean doing one thing and doing another? This problem cannot be understood in such a rigid and dogmatic way. Tolerance of loss is the essential difference between winners and losers. Simply put, why do we advocate light positions, that is, positions around 10%? This is to focus on cultivating traders' tolerance and tolerance for losses. Only when you are in a light warehouse can you realize quietly in your heart that when the trend is correct, there is no need to close your position in a hurry and stop losses frequently. And 70% of the losses will gradually turn losses into profits and turn losses into profits in the operation and development of the market. The reason why light warehouse has been advocated is to strengthen the training of everyone's tolerance and tolerance for losses.
The same is true of injuries, operations and trauma. For example, it is acceptable to draw blood with a blood drawing needle. However, if it is a big trauma, everyone feels extremely scared and screams: My life is in danger or help. This is just like the difference between 10% position and heavy position in fund management.
As we all know, before and during War of Resistance against Japanese Aggression, Mao Zedong has been pursuing guerrilla warfare and protracted war; After the end of the Anti-Japanese War, a large corps was suddenly launched and three major battles were fought. In an instant, the Kuomintang was completely annihilated and became the first world war. Many events and battles in military and history will bring key inspiration to the transaction. This is to see a person's military strategy and wisdom.
About 10% of our position belongs to real calligraphy, that is, regular script. And more than 70% of the positions are cursive and wild; More than 30% of jobs are running scripts. The writing norms, writing essentials, the communication of strokes and the layout of writing are completely different between Crazy Grass and Regular Script. Cursive script completely breaks the writing procedure of regular script, and the radicals are symbolic. You look at cursive script with the reading interest and aesthetic standards of regular script, especially weeds are ghost paintings, which are neither fish nor fowl. You will never understand the layout of cursive script and its freehand brushwork. Huai Su's "Weeds" is praised by poetry as: strange stones rush to the autumn stream, and cold vines care about the music. Close to the water tower, you get the moon first, and every word is good. This realm is completely different from regular script, and 70% of positions cannot be managed mechanically, arbitrarily and stiffly with about 10% of funds.
At the same time, after all, there is a market with a relatively high profit probability in the futures market. In addition, the leverage of futures such as small and wide, floating profit and snowballing effect is also the real charm of futures.
Undoubtedly, all traders have the potential to be winners, and there is room for growth to be promoted to winners. Everyone is looking forward to this day in their hearts and secretly. Being able to persist and immerse yourself in the transaction is happy and happy, but everyone is looking for it and asking for it, which adds a lot of troubles. We should do what we know and cherish it. Don't make a pleasant transaction unpleasant, which is why I ask everyone to be cautious in holding positions and managing money.
Many people contacted me and wanted to learn from me about trading. I'm really scared. I really don't deserve it. I tell you exactly: I only have two teachers in the process of trading, one is the market and the other is the vast number of traders. Everyone's questions, exchanges and discussions with me are of great help to my improvement, which has led me to think and understand many trading issues. I sincerely thank all of you. Readers are my real mentors. To be exact, Su Huang's experience and views on a little trading are limited.
Loss is the core part of the transaction, and there is no transaction without loss. I've never seen a trader who doesn't lose money or make money. Everyone has to face losses. And every day, every moment has to face the loss. When there is a loss, all you have to do is lighten your position 1/3, and it takes three times as long to recover the loss, so that you won't stop losses frequently.
You keep making profits in the futures market, but you may just not make any money. But you should control the loss, not cut it off (none of us can cut it off or cut it off). You must be the winner, and you can definitely make money. Trading is three steps forward, one step back, five steps forward and two steps back. The transaction is: ups and downs are accompanied by ups and downs, and profits and losses are called.