There may be few professional books, but this kind of industry places great emphasis on practice. You must have certain basic qualities and go through a lot of practice before you can become an excellent trader:

Qualities of futures traders

Comprehensive of some successful investment masters in the West Based on my experience and my personal experience, I believe that a successful futures trader should have three important qualities:

First, good understanding - understanding the market. The market trend is unpredictable. No one will provide you with an effective analysis method. You can only rely on your own exploration and summary. Without good understanding, it is difficult to have a more objective and comprehensive understanding of the inherent objective laws of the market. How can we summarize a unique and effective analysis method?

Second, a good mentality is a normal mind - understand yourself. "Don't be arrogant when you win, don't be discouraged when you lose." No matter what happens, successful traders should keep a clear mind in order to maintain an objective understanding of the market and strictly implement their trading plans as always. A successful trader can trade easily and enjoy the fun of trading. Making money is just a by-product of happy trading!

Third, strict self-discipline—coordinate oneself with the market. The futures market is always full of temptations, and human nature also has various weaknesses. Only with a strict spirit of self-discipline can we resist the temptation of the market and overcome the weaknesses of human nature. There is a saying that goes well, "Plan your trade, trade your plan." The important reason why many investors fail in trading is not the error of analysis, but that their trading has no plan, or they have a plan but fail to strictly implement it from beginning to end.

There has always been a misunderstanding in the outside world: successful futures traders are all top students from prestigious universities with advanced degrees, and traders must rack their brains to make profits. In fact, futures trading is by no means an academic study. In the more than one hundred years of futures history in the United States, many facts can prove that the formal education we receive actually hinders our trading ability. Because there are no truths such as physics and mathematics in financial markets, the art component of trading far exceeds science. When a futures trader makes a decision, he can never fully understand every rationale behind the decision. The market has its own inherent objective laws. Formal school education has instilled in us too many abstract theories and fixed patterns of human behavior. How can we understand the chaotic behavior of the market? Therefore, I believe that as long as you have the above three important qualities, you can grow into a very successful futures trader! It has no direct relationship with his academic level.

It is easy to say, but it is difficult to truly achieve the above three points. Each point must be tempered in the market to gain anything. Judging from objective conditions, the entry period for Western investment masters generally takes 7-10 years. In other words, everyone must personally experience a complete market cycle of a large-scale bull-bear cycle as a trader. , can you grow into a successful trader! my country's securities and futures markets only have a short history of 10 years. Due to well-known reasons, the futures market has been in a downturn from 1996 to the present. Excellent futures talents have been lost in large numbers. There are those who can stay and do research in the futures market obsessively. How many? And after many years of turbulence, there are very few who can stay and gain something! These futures elites will be valuable talents in my country's futures market. With the gradual opening of the futures market after my country's accession to the WTO, their value will also be reflected. I believe that the core competitiveness of a futures company is more reflected in the company's research capabilities and trading capabilities. Just imagine, because it is unable to provide more accurate market analysis and forecasts, the company's customers often suffer large losses. How competitive is it? In the future, the self-operated business and entrusted financial management of comprehensive futures companies will not be carried out at all without good traders! There is usually a rule in the securities and futures markets: "What you can say cannot be done, and what you can do cannot be said." Therefore, successful traders are often not well known.

For those futures companies that hope to grow bigger, how to discover and use these talents as soon as possible is a top priority!

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Look at what the British do:

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