How to be an excellent futures trader
Stones from other mountains? Trader training process and training elements in the process of trader screening, there are often no difficult questions and answers, and there are not too many complicated questions. On the contrary, we directly identify the candidates who are most likely to receive training in the future through activities such as poker competitions or video game competitions. Because financial operations, like poker or video games, have to wait for the most favorable opportunity to make a move, which requires not only extraordinary patience, but also decisive execution when it is time to make a move, and strict capital control is even more important. Poker competition reflects the player's judgment on the probability of winning or losing, while video games reflect the player's sensitivity, both of which are necessary conditions for a successful trader. In addition, in addition to training, an important aspect of intuitive trading is talent. A piece of original stone with no potential will never be carved. Therefore, trader is definitely a demanding profession, which is not something that ordinary investors can easily do. This also reveals the hardships and difficulties in training traders, which is also the reason why the profits of the self-operated sector in the financial industry can never be compared with those of the brokerage sector. A professional trader must go through systematic training to carry out actual combat, and the whole training process is very strict and the assessment standard is very high. He can become a trader, not only knowing a few K-lines, but also mastering many analytical indicators. For traders, the sense of overall situation, judgment and psychological quality are all very critical assessment criteria. At present, there are not many truly professional trader training institutions in Taiwan Province Province. General institutions will only select carefully from within, and rarely recruit and train traders with great fanfare. Some even let trusted people enter the self-operated department through their own contacts, which is why few people have the opportunity to receive professional training. After cruel training and examination and elimination, if a vegetarian embryo is used to describe the trader at this time, then the vegetarian embryo has basically taken shape and the cutting is finely carved. There are still several training stages after traders enter the actual combat state. Generally speaking, there are three main tasks: one is to execute orders and be responsible for executing and completing orders issued by superiors. Generally speaking, it is not difficult to execute the order. The difficulty is that the process of knocking orders contains ulterior secrets, which usually determines whether a trader can go further; The second is the task of the trader team, which is responsible for formulating the market planning strategy. In terms of the organizational structure of the army, the first-level traders are soldiers on the battlefield, and the second-level traders are officers at different levels. They should analyze and study the whole war situation according to the instructions of their superiors, and then formulate specific tactics; Third, traders need to make strategic adjustments at any time according to different market conditions, including relatively favorable attack timing (entry time), troop deployment (location) and casualties (risk). The market that a successful trader should own is always changing, and every change is the elimination and rebirth of traders. At this time, the risk control and psychological quality of traders become very important. Many futures operators must have had such an experience. Win or lose tens of thousands, hundreds of thousands or even millions in a single order, but one month's settlement is actually just to earn that "once". For example, there are more than 20 trading days in a month, and every day you earn or lose 1 000 yuan. As a result, after one month, the settlement only earned several thousand yuan. But if you lose money, it is often an amazing number, which is a sign that the "net value of trading accounts" is unstable. For example, many traders operate futures, and some of them make money, but they have not found that they all make money in short positions (editor's note: they will be lucky every other day after losing money). For example, a short-selling (editor's note: intraday trading) trader shorted a Taiwan Province index futures with a stop loss of 30 points. As a result, he accidentally stopped the loss, missed it and lost 50 points when he hesitated. At this point, I thought, well, leave the warehouse! As a result, it fell by 200 points the next day and gained 150 points instead of losing money. As soon as I saw it, I immediately closed my position and made a profit. But ask yourself, how much money can you find in such a gap, and how much can you have in a year? If traders are compared to flying an airplane, traders, like airplane pilots, must undergo strict and systematic training. For the captain, flying a passenger plane is equivalent to holding hundreds of lives, and take-off and landing have to go through strict examinations and training. Therefore, training before simulation is very important, because mistakes can be repeated and there will be no heavy cost. The same is true for traders, because the market is ruthless, the direction of heavy trading is wrong, and it is easy to graduate from the futures market! Therefore, in order to overcome the instability of the "net trading account value", we must try to avoid making orders with an unrealistic mentality. Because trading itself is a fast-changing game, if there is no strict basis for advancing and retreating, it may make every transaction fearful. Therefore, a successful trader has the following conditions: respect for the market. The market won't stop because you don't trade. Traders should realize that they are only transient passers-by in the futures market, and do not have to argue with the market. They should understand that "survival" is the first requirement of the futures market, and they must not be swept away easily. Understanding trading is an emotional game after all. Whenever a game involving money is played, people are often excited and sometimes have mixed feelings. However, successful traders must keep a clear head no matter what happens, in order to keep an objective understanding of the market and strictly implement their trading plans as always. Strict self-discipline. The futures market is full of temptations all the time, and human nature also has many weaknesses. "greed" and "fear" can be said to be the demons of traders. The important reason for the failure of many investors' trading is not the error of analysis, but that the trading is unplanned or planned but not strictly implemented from beginning to end. Sometimes because of greed, I missed the existing profits, and sometimes because of fear, I missed the opportunity to make profits. Therefore, only strict self-discipline can resist the temptation of the market, and then overcome the weakness of human nature and the devil in my heart. Focus. Successful traders only operate their familiar markets, because trading needs to focus on the market and accumulate sensitivity for a long time. Many details in the conversation are the key to seeing the empty clues. Once distracted, the rapidly changing market may bring huge losses. Just as athletes generally have their own specialties, the achievements of artists or scientists are limited to a few fields. Therefore, no matter what job you are engaged in, the higher your concentration, the greater your achievements. Good fund management. Never bet too much, even if you are 100% sure, because we don't know how big the risk of tomorrow and impermanence is. In the trading world, we plan tomorrow's market day after day and try our best to make money in the market. But who has the ability to predict the future? Who can tell us what will happen tomorrow? Nobody can. The only thing we can grasp is how much risk we can take, just like Russian roulette. Maybe you think you have won many times, and you don't know what it feels like to lose, but there is often only one result of long-term excessive heavy positions: graduation and entering the market. Sometimes blindly buying big orders can taste the fruits of great victory, but can't bear the devastating losses. Therefore, there are gains and losses in trading, and how to effectively control losses is undoubtedly a compulsory course for successful traders. The key to the success of intraday trading is not to be too complicated, and often only simple strategies and good trading mentality are needed. For example, we can use "contrarian operation, homeopathic entry" and "homeopathic operation, chasing high and killing low" to construct a trading strategy with a stop loss mechanism to deal with the gap market. Take the operation strategy of Taiwan stock index "contrarian operation, homeopathic admission" as an example. When the market is short, it is assumed that the index is weak after the opening and falls below the opening price. At this time, traders can lay out empty orders against the trend, and the stop loss price is set at the position where the opening price increases by 30 points. On the contrary, when the market opens lower and there is a gap, it is assumed that it will fall by 30 points after the opening, and then gradually digest the selling pressure and then rise back to the opening price. At this time, traders can lay out multiple orders against the trend, and the stop-loss price is set at the position where the opening price is reduced by 30 points. ? 0? 2 Figure 1 Schematic diagram of "contrarian operation, homeopathic entry"? 0? 2 ? 0? Secondly, explain the strategy of "following the trend, chasing high and killing low" When the market opens, assuming that the increase reaches 30 points after the opening, traders can lay out multiple orders according to the trend and set the opening price as the stop-loss price. Figure 2 is a schematic diagram of "follow the trend, chase high and kill low" (long >): on the contrary, when the market gapped lower and fell by 30 points after opening, traders can lay out empty orders and set the opening price as a stop-loss price. ? 0? In fact, in the world of financial transactions, there are thousands of trading strategies. Many customers spend a lot of time and learn a lot of technical analysis, and finally they can't compete with their trading mentality. In the world of rushing, we must understand that "the victory of rushing * countless small losses+very few big profits+zero big losses". "Countless small losses and small gains" means to gain valuable experience by using small links in operation without damaging the safety of funds; "Very few big profits" is the courage to increase the market size. The market may only last for a few minutes, but it is also the most important purpose of grabbing customers-to seize the market that was instantly ejected; "Zero big loss" means strictly checking whether you have strictly implemented the stop-loss discipline. When you successfully save with the stop loss mechanism, the bad luck of big losses will be far away from you, and the transaction will be half successful. (excerpts from Li Qing)? 0? 2? 0? 2