The so-called risk exposure is your opening position. If you open more than 100 lots of rebar, you will have a risk exposure of 100 lots. If you open more than 100 lots of rebar and 30 lots of empty orders of the same contract, then you only have 70 lots of risk exposure.
If you want to make a profit in the futures market, you must open a position. The trend is uncertain, and opening a position may lose money.
Losses are not terrible, because losses and profits are mutually integrated. Only by taking the risk of loss can you have a chance to make a profit.
This is the essence of futures trading: if you want to make a profit, you must disclose your risk exposure.
The greater your risk exposure, the faster you will make profits, and of course, the greater your potential losses.
Right?
So since we want to survive in the futures market for a long time.
In fact, there are two things to do: stop loss+control position.
Controlling positions controls the overall size of exposure, and stop loss controls the closing time of exposure.
In other words, a single order, small position, timely stop loss and long-term survival in the futures market is the best way.
Because this is fundamentally to control risk exposure.
Of course, in fact, I can give a more reliable suggestion, that is, the mode of winning or losing according to the proportion of funds.
On the basis of timely stop loss in light warehouse, you add a little loss. It is to reduce the position and reduce the risk exposure as the loss continues. And with the profit, the method of slow recovery.
In this way, your chances of survival are greatly increased.
Because if you keep losing money, your position will be lower and lower until you make a profit.
Can refer to it
Of course, if we simply consider the method with the greatest probability of survival, we actually don't do trading, because trading will be risky.
It is also a good choice to find a job in a futures-related industry, such as an executive of a futures company.
what do you think?
Like and support, thank you.
I think it's easy to survive in the futures market. I'm afraid I don't have the patience. After all, when I first started to do futures, most of them still lost money. If you lose too much, some people may not step in this life; But at the same time, some people may want their losses back. Under the premise of being unprofessional and ignorant of trading, the more losses there are. After years of accumulation and careful calculation, I found that the amount of losses far exceeded my imagination. Want to survive in the futures market for a long time. The first point is small capital operation; Second, don't stop losses frequently.
I have always emphasized the operation of small capital. If you are not good at it, spending a lot of money is giving money. As a novice, if you lack professionalism, the possibility of losing money is almost 100%. It's the same as giving money, and it has less money. Why not use small funds? In this way, even if you lose a small sum of money, you still have a lot of money for subsequent operations. If you gamble a lot of money, once you are wrong, you will have nothing.
Futures traders are mostly retail investors, of which retail investors below 654.38 million account for the majority. If this money is corn, it will not exceed 55 lots; If you open soybean meal, you can open up to 40 hands; If it is iron ore, only 20 hands can be opened; If you open coke and rubber, there are only 3-5 hands. From the perspective of positions, 654.38+10,000 yuan has more advantages as a small variety, because the positions can be adjusted and increased, and it can't be Man Cang at first. If you make coke and rubber, once you make a mistake, the cost of stop loss is quite high and the margin is very high, so it is impossible to adjust the actual number of positions. In other words, if it is a futures variety, it is best to make a small variety with small funds. Although the fluctuation is not very big, it is not very popular, but at least the risk is not so high. If you make a mistake, the loss of principal will not be so fast. To borrow Buffett's famous saying, the three most important points of investment are: first, to keep the principal; Second, keep the principal; Third, please refer to the first two articles.
General futures traders have more short-term traders. It is characterized by short holding time, chasing up and killing down. If you do it right, you can't hold the order. If you do it wrong, you can't execute it, or stop loss frequently. I'm not against day trading. On the contrary, I quite agree with this practice. Of course, this is based on your relatively high short-term level. I object to frequent parking, especially big parking. Stop loss also means that you did something wrong and were punished by the market. However, there are some traders in this market. They chased after them and killed them. They just went in with many bills, found that they started to fall, and then turned around immediately. As a result, they just pulled up another line with their backhand. Then he stopped short, but didn't go up a few points. He looked at it and made an empty order. Unfortunately, things always appear in a series, and the market is slowly rising. Originally, I was long because I was not sure about the market. In the process of trading, I changed my mind at will and changed my direction constantly. As a result, I was confused. Thanks to money, I lost money when I was short.
The fact is that in an intraday market, this kind of ups and downs is normal. Even if there is a short-term decline in the upward trend, it is not surprising. After all, there will be sudden cooling in summer for a few days, but it still can't change the fact of summer. You have to wait after placing an order, right? Originally, there was little money. If the stop loss continues like this, the money will stop. Can it still seize the market when it comes? Some people I talked to recently said that they lost a lot of money, so that they dared not open positions, so that they dared not lose any more. Obviously, he hasn't reached the stop loss position yet, so he quickly stopped, and all the places where he shouldn't stop stopped, but the original profit list turned into a loss.
The difference between futures and gambling
At the gambling table, if you make a big bet ten times in a row, I believe that most people will make a small bet next, and then make a big bet the eleventh time, and more people will choose to make a small bet. People who make small bets will put more chips, then make big bets the twelfth time, and so on. If you play 20 times in a row, it is estimated that there are not many people left at the gambling table. How many people are left if we play big again on the 2nd1time?
Ten bets and nine losses, the remaining one knows to stop, but I believe that if he often hangs out in casinos, there will always be times when he doesn't know to stop. Someone on the internet said that he won a lot of money in the casino through probability statistics. If it is true, it can only be a possibility of doing a good job in fund management. After all, the uncertainty in the casino cannot be solved by probability statistics.
The biggest feature of the futures market is also uncertainty. If there is uncertainty, even if it only appears for one second a year, the market will collapse immediately and cease to exist. So how to survive in a futures market like a casino?
Obviously, a high probability of opening a position is far from enough for you to survive in the futures market.
Of course, a high probability open condition is the foundation.
More importantly, there should be closing conditions corresponding to the opening conditions.
Of course, the conditions for opening and closing positions here must be clear, and there is no room for artificial choice.
If a transaction happens, you must keep in mind the uncertainty of the market. In case of unexpected loss, stop loss must be executed. This is the fundamental reason that distinguishes it from gambling, otherwise the market is no different from you and casinos.
The rule of opening and closing positions must be that the profit when making money is greater than the loss when losing money, which is what we call the profit-loss ratio.
High winning percentage and high profit-loss ratio have always been the dream of every trader, but there is no method with high winning percentage and profit-loss ratio in a perfect market.
The reason why there will be an excellent trading opportunity in the market is that many market participants have made mistakes at some time and need to wait for the opportunity and not make moves easily.
Once you seize the trading opportunity, don't let it go easily until the person who made the mistake gives up and leaves the "gambling table"
The above are just the elaboration of trading ideas, and it will take some time to really enter the transaction.
In a word, if we want to make a long-term stable profit in the futures market, we must have a set of open and closed trading rules and strategic risk control strategies for fund management that can stand the test of the market.
All these rules and strategies should be simple and clear, and simple things should be stable in the market because of the needs of specific transactions.
In theory, anyone can learn by the right method, improve trading performance and achieve long-term and stable profits.
It takes a long time to understand what discipline futures belong to. Strict definition is a kind of metaphysics, which requires a wide range of knowledge and developed left and right brains.
This is an art that comes out of failure. A short article about sorrow, joy and peace.
The first element of survival: discipline
This point cannot be overemphasized. Nine of the top 10 investment banks in the world have military backgrounds. Discipline means the determination of a strong man to break his wrist and the courage to cross the rubicon in the most dangerous time. It means you can finally survive. Survival is the most important thing.
The second element of survival: summary.
There is nothing new under the sun, and there is not much new in every independent market. Many people will learn from their failures, which will be unforgettable (failures will not be summarized yet, but will soon be eliminated by the market), but they will not sum up valuable successful experiences from their successes, which is the most fatal. Successful experience is often more important than the lessons of failure and more valuable to individuals. After all, you are here to make money.
The third element of survival: financial management
The longer you do it, the better your skills and experience will be, and you will have an epiphany on the disk. Still can't make money continuously. The problem lies in financial management. For a period of time, losses will continue to come out and profitable funds will be dispersed. In this way, the mentality will be good, the market will be more objective, and the level will reach a new level.
This question is very similar to what I just answered. Let me briefly explain my point here:
In order to survive in the futures market for a long time, it is best to achieve stable profits, or try to reduce losses, at least to reach the breakeven point. Otherwise, long-term frustration and not making money will discourage you and make you leave the futures market as soon as possible.
So, how can the futures market survive longer?
The first point: you should have the necessary technical analysis ability!
Do futures, don't play dice or slot machines, 2 1 point and Texas. Although there is a certain mathematical principle to improve the winning rate, the difference is that the trading period is longer and there are more market variables in the stage, unlike dice, which decide the outcome in a few seconds.
Therefore, the relevant technical analysis ability is the key to ensure that you make money and lose less money in the futures market.
Futures trading is nothing more than making a difference. The process is the process of using technical analysis to find the price difference. Imagine that if you can't judge the direction of price operation and the position of entry and exit, you can't judge the price difference, let alone make a profit.
The second point: you should have certain trading ability.
The so-called trading ability, including details such as fund management and risk control, is a systematic operating system. People's subjective consciousness is too strong, especially in the process of re-trading, it is easy to get emotional and make irrational trading behavior, and the direct way of customer service irrational behavior is to implement your trading analysis results in an institutionalized trading way. This is the weakness of traders' customer service and the most effective means to control losses.
Any excellent and great trader has his own trading system. There is no doubt about it!
The third point: the topic that the old students talk about is the psychological barrier of customer service.
The so-called psychological barriers are simply greed and fear. The former makes you want to make more money, which is irrational. The latter is worried that in the case of normal fluctuation of funds, you will lose money in advance or make mistakes in operation, and the loss will be even greater.
This is a common problem for everyone and a common psychological phenomenon in the process of futures trading.
There are too many theories about trading psychology in the market, so I won't go into details. Will be one of the most effective methods. Write down your psychological problems on paper and stick them next to the computer to remind yourself at all times.
I contact futures professionals, mainly in three ways of risk control, from low to high: 1, setting stop-loss and profit-taking, and iron discipline. 2. The operating amount is 5% of the total assets, and a good attitude is maintained. 3. The highest level of playing futures is called "Ding Booth" (a character in Jin Yong's martial arts novels). Ding Booth is no more than four a day, and I said no more than four a year. Do it when you are sure, play casually at ordinary times and design a model yourself. For example, there are six basic conditions and five additional conditions for entering the market. They don't enter the market. They generally only pay attention to it, but don't operate it. Once entering the market, it will go through a wave, ranging from five or seven days to February and March, depending on the market development.
1, the foreign exchange market, the stock market and the futures market are also called the three major risk markets in the world. They have the same characteristics: great volatility, strong uncertainty and unpredictability.
2. The key to the success of financial market investment lies in probability and effective risk control. Improving the probability needs to judge the general trend, the market rhythm and the application of game skills; Application of effective risk control in position control, combination, weight and stop loss.
3. The futures market is a leveraged transaction. Leverage magnifies human instinct, and greed and fear are the fatal weaknesses of futures trading.
4. Futures trading needs the perfect combination of theory and actual combat. Short-term winners are just luck, not a better level. No one dares to boast that he has mastered the key to futures trading without a bull-bear cycle of three to five years.
5. In the long run, 80% people in stock market lose money, and 98% people in futures lose money. The difference lies in futures leverage, and people who have the same points in mastering financial skills are extremely scarce. 99% of scholars, big V's and analysts are liars who follow the book. Few celebrities have anything in their bellies.
6. Futures trading is not a simple technology trading, but also a grasp of the direction of the big pattern, which is a kind of wisdom philosophy of choice!
Open less positions, don't do it if you are not sure, put an end to Man Cang's heavy positions, don't stop loss, bring orders, trade in the day, grab the top and find out the bottom, trade against the trend, make orders with the trend, move the stop loss to the break-even position after profit, and hold it to see if it can expand the profit space. There are very few people who continue to make profits, because people are afraid of greed and immaturity. When the transaction is mature, they will make a steady profit. You can trust me privately and communicate with us.
I have been in the trading market for a long time, and I need to pay attention to many things if I want to survive here, such as fund management, patience, trading techniques and mentality control. These are all very important, and many people have said these things.
The two most important words I want to say are, abstain from greed.
After trading for a long time, I found that the trading market is a paradox game. Trading is to make money, the more the better. Naturally, it is necessary to use funds as much as possible, but this may lead to overweight positions and problems in fund management. Try to seize as many opportunities as you think, but day trading is possible.
The trade industry is different from other industries. Pay is not directly proportional to gain, and sometimes it may be inversely proportional. The more I want to find more opportunities, the more I want to use funds as much as possible. Not only can't make money, but the more you do it, the more you lose money.
People who want to make a fortune in futures and stock markets can't do well in trading. Those who ask themselves how much money they can earn in this market before entering the market will end up miserable. I have met people who can make a long-term profit. Everything is normal, and it is ok to make money. Those who want to get rich will eventually lose everything.
Just grab a bowl when you rush into the river. Only those who keep a normal heart from the heart can survive in this market for a long time.
I like the attitude of the subject to the futures market very much, because more people are thinking about how to make a fortune in the futures market; The subject thinks the same as me: long-term.
The futures market has a calm mind, a correct understanding of trading and a reasonable expectation of income, which is a good start for trading.
Here are some details:
Three elements of futures market trading: technology, fund management and mentality.
Only two things are needed to survive in the futures market: to make a trading plan carefully and strictly implement it.
First of all: establish a trading system, then implement it seriously and gradually improve it. Combine two or three indicators that you are most familiar with. Judge the direction, stop loss and take profit. These are all ready. If you are a newcomer to the futures market, you must be prepared not to make money for two years, because this period is the running-in period for you, the market and the system.
Secondly, understand the important routes of fund management and conduct transactions according to the principles of fund management.
Once again: peace of mind (very important), first consider survival, then consider profit. As long as you keep a peaceful mind, the fear and greed in the transaction will be small; Better execution. When the desire is great, the weakness of human nature will be magnified, and it will be more difficult for us to control ourselves if human nature is magnified.
Don't aim too high at the beginning of trading, just make a trading plan carefully and strictly implement it.
Conclusion: Trading is a very simple matter, and you should be responsible for people's thoughts.