Recently, an old friend came to visit with his son. He is one of the few people who know that I do futures. Because gold futures are listed now, he wants his children to learn some futures knowledge and make a living by futures. I just gave him a rough description. Finally, I advised him not to do it well. If he has to do it, let's hit it in the stock market first!
After they left, I sat down quietly and tasted the lion peak Longjing before the Ming Dynasty last year, a dusty past and a futures life of 10 years, which made it difficult for me to calm down! In the futures market, how many newcomers come with dreams every day, and how many comrades leave with infinite regrets? I don't know, really don't know. I just want to warn those newcomers who have just entered the market that a futures trader has grown up like this. Are you ready?
Before entering the market, you must first understand what kind of market this is: the futures market is a negative sum game. If there is no new capital to enter, then his capital can only be played less and less, and the money you earn is the money lost by others. Because this market is not like the stock market and cannot increase in value, there is an iron law here, that is, people who make money are always less than those who lose money. If you want to survive, you can only be a few people-a few strong people;
Secondly, who is your opponent, that is, whose money do you want to earn, do you know? I tell you, they are spot traders, do hedging, have a thorough understanding of varieties and policies, and have cash on hand. Because of the hedging mechanism, they will not easily lose money; There are institutions, they have a lot of money and powerful intellectual resources, they may lose money, but they are still extremely strong; The third is the surviving investors. Since you can survive, you have your own reasons for survival. Their survival experience is unmatched by market novices, and they are also people who can make money after a long time. The rest are newcomers to the market, mostly small and medium-sized retail investors, who are the main body of the market and the main body of people who lose money. Most of the newcomers I have met are elites from all walks of life, because they have capital, experience, ideas and perseverance. Otherwise, most people rarely hear that they have rashly entered the futures market. Even if they come in by mistake, it is remarkable that their life cycle can exceed 1 year.
Third, regarding the misunderstanding of learning, there are probably no futures trainers and no such training institutions. Many market novices hope to succeed in a short time through an indicator or the guidance of experts. This is tantamount to an idiotic dream, which simply won't work. Western futures have a history of 100 years. Up to now, there is still no mathematical model for stable profit. This is a science based on experience. Without the rigorous and long-term test of the market, it is impossible to succeed. My friend's son came to me and wanted my trading system. I said I could give it to you completely. It's nothing, but it's hard for you to make money with him. It is just a tool, like a sword in the hands of a martial arts master. Novices may not be able to defend themselves with him, but even if the master doesn't have a sword in his hand, he still kills the enemy invisibly. Therefore, getting a tool and a kung fu master are two different codes.
Fourth, the process of growth. This course is divided into two parts, the first part is the course of learning, and the second part is the course of exercise, both of which are indispensable;
In the process of learning, it takes about 1 ~ 2 years, some people may be longer, but as long as you can persist, you can generally pass. The first thing is to read three or five books on futures. A good book should be read at least twice or more. Don't be afraid of being slow or understanding, but learn, for example, at least 30 indicators and all the basic theories, and then start to make a simulation disk for three to five months to get started. After that, you should prepare some funds, about 200 thousand, and it is best to divide them into four parts, at least two. Then you can open an account in one of them. After your first capital explodes, inject it again, and then start a new round of study and operation. Until you form your own trading system, 80% of people will fall behind at this stage. Maybe you can stick to it. At this time, I want to ask you a question. How many indicators do you remember? If you have basically forgotten the answer, then congratulations, you can continue! . Maybe you despise the so-called trading system, which is nothing, but all roads lead to the same goal. Finally, you must establish your own set of trading rules that have been proved profitable by experiments. The details of these rules are different, even quite different, but it is important to suit your operation; After that, your account balance will fluctuate up and down like the curve of consolidation period. During this period, you will constantly modify your trading rules to make them perfect day by day. At the same time, you may have tasted the profits during this period. I congratulate you again, your IQ has stood the test, and you graduated at this stage!
The next course is a test of your emotional intelligence, and it is also the most likely period to miss success. This period can be long or short, and some people will never get through it. This course is divided into three stages, each stage permeates and connects with each other, which makes you struggle in pain and hope!
The first stage is to overcome inner fear and greed. Although there is a good trading system, there are two plots in human nature that are difficult to overcome, that is, fear and greed. They always surround you and make you want to stop. You suffer on the roller coaster in heaven and hell every day. This taste is unpleasant. Only people passing by can understand it. There is a famous saying in the movie "Party A and Party B" that "heroes are not ordinary people". In order to overcome these weaknesses in human nature, we must constantly hone, criticize and criticize ourselves in the board, and exercise ourselves with unimaginable perseverance to reach the realm of selflessness;
Discipline in the second stage sounds easy. You made the rules yourself. What is the difficulty in observing your own discipline? You are wrong. For example, maybe you are a little fat and want to lose weight, maybe you want to quit smoking and so on. Then give yourself orders! From now on, get up at 6: 30 every day, run at 6: 45, 3000 meters, have a nutritious breakfast, no more, no less, go to bed at night 10, no sooner, no later, because suddenly quitting smoking has a bad effect on the human body, so smoke a cigarette every morning and evening, no more, no less ... man. Having said that, I just want to make it clear that it is actually very difficult to observe discipline without supervision. At that stage, you will naturally understand that it is much more difficult than overcoming fear and greed!
After the above two processes, congratulations again. You have made money to the point of numbness. Your account balance is growing rapidly. Even you didn't believe it and thought it was a dream, but you did it! At this time, the last and most difficult level is quietly placed in front of you. Maybe you don't know. If you can't cross this obstacle, you will face "game over!" Here we go again. At this time, your attention to experience and endless self-expansion may make your narrative return to the original point and overcome this weakness of human nature. I'll give you a good medicine-handle your finances in a low-key way, always remember that futures is a risky industry, always have a awe of the market, and only regard futures as a career to support your family. You are just a negligible member of this vast market!
New friend, you still have a long way to go, and your future life has just begun. Good luck!