Trading result = market understanding × (trading strategy+insight)
In the long run, trading performance is the result of a person's total or total investment in the market.
Traders invest not only money, energy and time, but also their own knowledge level and analytical ability. More subtly, the trader's taste, philosophical values, artistic accomplishment and religious belief will have a decisive impact on the final trading result.
The market is like a mirror, showing you naked, especially showing everything inside you completely and truly. All your outer packaging and masks are useless. Even the law is not as fair as the futures market. The short-term profit and loss of a speculator is accidental, but in the long run, the profit and loss of a trader must be driven by some internal mechanism.
1.？ Consciousness and unconsciousness
We often say "I can't control myself". This I am a conscious mind, this I am an unconscious impulse. We have two parts, consciousness and unconsciousness. We are both the controller and the controlled.
Human consciousness only accounts for 10%.
Unconscious is 90%. Unconsciousness is like a part of an iceberg hidden under water.
Consciousness is a part of human wisdom and reason. This kind of consciousness is unstable, and it is often in a state of vacillation and indecision. People's consciousness comes from acquired cultivation, such as social norms, etiquette, ideas and school education. People's consciousness is not innate, nor is it born with natural growth, but is imposed by family and school during people's growth. It is just a mask, so it has no decisive power.
Unconsciousness is a blind impulse, it is an innate habit, so it is very powerful. Our inner greed, violence, anger, jealousy, sexual desire and so on are unconscious. These habits are condemned by civilized society, so these unconsciousness are suppressed in the inner darkness, but they are still boiling inside and ready to struggle out.
The strength of our actions often comes from our unconsciousness, not from conscious decisions. This is just the opposite of what we usually think. When our inner consciousness conflicts with the unconscious, it is often the unconscious that finally prevails. Consciousness can make a decision, but there is no power behind this decision.
There is an Aesop fable that can illustrate this point well:
One day, a turtle came to the river to cross it, when a scorpion came and said, "I want to go to the other side, too." Can you carry me on your back and carry me? " The tortoise smiled and said, "Do you think I am a fool? What if you bite my back? I don't want to take the risk. "
Scorpion disdainfully said, "I think you have lived in vain for so many years that you don't even understand the basic logic." If I bite you when crossing the river and die, won't I drown with you? "
So the tortoise agreed to carry the scorpion across the river. Just after crossing the middle of the river, the scorpion bit the tortoise. Before he died, the tortoise asked the scorpion, "Where is your logic?" Scorpion said, "I regret it, too." I can't live by myself. " I promised not to bite you, but it's not a logical problem. I can say so, but in fact I can't. This is my nature. Intellectually I know I shouldn't bite you, but I can't help it. "
Consciousness and unconsciousness often conflict. Consciousness is like a jailer, and unconsciousness is like a prisoner. This is the source of most human tension and anxiety. Any depression will produce anxiety and inner confusion. It is precisely because of the unconscious turmoil in our hearts that we are uncomfortable when we are alone. Our pursuit of others and our enthusiasm for various activities are just ways to escape from ourselves.
2.？ Defects of human nature
The most important reason why most speculators fail in the futures market is that they don't realize the blind spot of their own humanity, and they fall into the same trap many times.
① Subjective distorted intelligence. In most cases, intelligence is manipulated by desire, especially when you are involved in your own emotions and desires. Believing in such wisdom is equivalent to believing in the eyes of a blind person.
(2) As far as our inner existence is concerned, we don't have a center yet. Our inner existence is made up of many different and even opposite parts. There are many different voices clamoring, and our inner existence is a mob. We often make a decision, but we soon regret it because no center can make a real decision. A person can't promise, because he has many contradictory things in his own way. Sometimes we can't sleep because all kinds of contradictory ideas keep colliding in our minds.
The mind will create illusions to deceive you and comfort you. If you are too eager for something, your mind will have hallucinations to deceive you and give you a false sense of satisfaction. Many dreams we have at night are a comfort to your mind. If you can't satisfy them during the day, your mind will create dreams to satisfy you, so as to relieve your tension and anxiety.
We are just carrying a kind of intelligence that is often distorted, a kind of mind that creates illusions. A group of rabble rushed into the futures market, and it is inevitable that they will not be carried away by the strong market impact. Therefore, in order to avoid being hit by the market, before entering the market, we must first make great efforts to integrate our mentality internally, and externally, we need a complete and relatively fixed trading strategy and scheme.
3.？ Several common psychological traps in trading
There are many qualities in sex that can help a person succeed in other industries, but these qualities have become poison in the futures market. Iron will, indomitable spirit, diligence, optimism, self-confidence and so on. In the process of our growth, in order to survive and compete, we formed a very hard self. Perhaps in other industries, nothing can be as successful as ego, but in the futures market, nothing can be as unsuccessful as ego.
Psychology of pursuing perfection
The pursuit of perfection is a very greedy psychology and an extreme psychology. Because of the pursuit of perfection, you are not allowed to have a little flaw, even a little loss can't be borne, and it is difficult to stop loss. Because of the pursuit of perfection, one tries to catch all the fluctuations and doesn't want to miss any market. Everyone has their own limitations and areas that they are not good at. The pursuit of perfection can easily lead to heavy trading and intraday trading.
Psychology of counting money
This is a psychology of being swayed by considerations of gain and loss. Once we open a position, we always think about the rise and fall of book funds, and are influenced by this change, ignoring the real market itself. This greatly interferes with our normal thinking and judgment.
We should pay more attention to the correctness of the process, and the result will follow. If the result is considered in advance, the whole transaction process will be disturbed and the action will be deformed. People's minds always jump into the distance ahead of time to think about illusory results, ignoring what really happens now, which is the biggest absurdity and inversion in our lives.
Transition time frame
The list that was originally a short-term transaction was forced to be converted into a medium-long line. The list that was originally a middle line was also short-term, and the whole transaction was chaotic.
Enthusiastic about predicting the market, trying to grasp the head or bottom.
Any prediction is subjective and cannot be objective. Even the predictions of many famous consulting organizations are full of mistakes. Once you predict the market or believe the opinions of a market comment, you can't see the true face of the market, because you will project your subjective views on the market and the market will become a screen. No matter how the market fluctuates, you will have your own explanation.
You will form a bullish or bearish complex that hangs over speculators like a dark cloud, and finally this complex becomes a deadlock. He will look at the market with a distorted view for months or even years, leading to the paralysis of the whole speculation.
Once you have predicted the market, you are unwilling to set a stop loss position, because you believe that any fluctuation that is unfavorable to you will be short-lived and the market will eventually return to your predicted direction. Many speculators have suffered heavy losses when trying to catch the bottom or top of the market.
Improve your state of consciousness and reach a higher foothold.
Some problems can't be solved at the same level, because other new problems will appear in the process of solving this problem, so we can only go beyond the problem and can't solve the problem at the problem level. Similarly, some problems in futures trading cannot be solved at the level of futures, and a trader needs to raise himself to a height far beyond the market, so that the original problems will be surpassed.
This aspect cannot be achieved by theoretical study and knowledge accumulation. Because theoretical knowledge is external and dead. Wisdom is alive, the ability to know, and the subtle and unmeasurable levels of understanding, insight, sensitivity and overall situation. The improvement of these internal comprehensive qualities needs the help of art, music, philosophy and religion.
Internal promotion is a long and gradual process. When we improve our foothold, we will have a holistic perspective and look at the whole thing with a detached attitude. As Goethe said, "When we improve our foothold, we improve everything. If we lower our foothold, then we will make up for all our pain. "