The key to richard dennis's success lies in summing up experiences and lessons in time. He is basically self-taught, and all his experience and knowledge are learned from the market in practice. Most people are ecstatic after making money, and disheartened after losing money. They seldom think about why they make money and why they pay. Richard dennis always seriously reflects after losing money, finds out the mistakes, and tries not to do it again. When making money, we should calmly think about where the right thing is and how the same method can be used in other markets. This accumulated over time, naturally formed its own unique method of making orders:

Analysis of Anti-market Psychological Risk Control with Trend Tracking Technology richard dennis learned to control risks from the first time he made a mistake and lost 1/3 of the principal. Generally speaking, a good order will be profitable soon after it enters the market. If a single order loses money a week or two after entering the market, nine times out of ten it is in the wrong direction. Even if you go back and draw it, after all this time, you may still be wrong. Always prepare for the worst after entering the order. What you think is impossible will often happen. Therefore, we must set a good bargaining price, and then resolutely bargain.

1978 richard dennis decided to leave the trading site and make bills in the office. In the past few years, the futures market was relatively simple, mainly commodity futures. By the end of 1970s, foreign exchange, securities and other futures markets gradually matured. In order to get more profits from the market, richard dennis decided to leave the exchange and make orders outside the exchange. In the first year, richard dennis lost some money because he was not used to it. Later, he found: first &; #0; It's not so fast to leave the scene to make orders, so we should look farther and do longer-term work. Secondly, the direction of judgment is not the same. You can feel it on the court. For example, when the market turns, several people are always wrong. When you know that they are long or short at the same time (the United States still uses manual bidding), you will naturally have a more correct judgment on the direction of the market. After leaving the market, this information is gone, so we have to find another way to judge the market. (It is quite favorable for most domestic OTC investors. )