What are several modes of position management _ Buying fund position control skills

Position management does not involve the technology of stock selection and timing, and even some position management experts have tried to decide whether to go long or short by flipping a coin. Under such random decision, you can still make money by relying on good position management technology. The following are several modes of position management compiled by Xiaobian, hoping to help everyone.

What are the modes of position management

Funnel-type position management method

The initial amount of funds entering the market is relatively small, and the positions are relatively light. If the market moves in the opposite direction, the market will gradually add positions, thus diluting the cost and increasing the proportion of positions. In this method, the position control is small at the bottom and big at the top, which is like a funnel, so it can be called a funnel-shaped position management method.

1. advantages: the initial risk is relatively small, and the higher the funnel, the more profitable it will be without exploding the position.

2. Disadvantages: This method is based on the premise that the market outlook trend and judgment are consistent. If the direction judgment is wrong, or the direction trend can't go beyond the assembly standard, it will be in a situation where it can't make a profit. Under normal circumstances, at this time, the position will be heavier, the available funds will be less, and the capital turnover will be in trouble. Under this position management mode, the more the reverse fluctuation, the greater the position and the higher the risk. When the reverse fluctuation reaches a certain level, it will inevitably lead to full position holding. At this time, as long as the direction fluctuates in the opposite direction by a small margin, it will lead to an explosion.

rectangular position management method

The initial amount of funds entering the market accounts for a fixed proportion of the total funds. If the market develops in the opposite direction, the positions will be added gradually in the future to reduce the cost. The positions will follow this fixed proportion, and the shape is like a rectangle, which can be called the rectangular position management method.

1. Advantages: only a certain proportion of positions are added at a time, and the cost of positions is gradually raised, and the risks are evenly shared and managed. In the case that the position can be controlled and the direction and judgment of the market outlook are consistent, you will get rich benefits.

2. Disadvantages: In the initial stage, the average cost rises rapidly, and it is easy to fall into a passive situation quickly, and the price cannot cross the break-even point, so it is in a quilt situation. Like the funnel-shaped method, the more reverse the change, the greater the position. When it reaches a certain level, it is bound to hold the whole position, and as long as the price changes a little in the opposite direction, it will lead to a short position.

pyramid position management method

The initial amount of funds entering the market is relatively large. If the market moves in the opposite direction in the afternoon, no more positions will be added. If the direction is the same, positions will be added gradually, and the proportion of positions will be smaller and smaller. The position control is in the form of big bottom and small top, like a pyramid, so it is called pyramid position management method.

1. Advantages: The position is controlled according to the rate of return, and the higher the winning rate, the higher the positions used. Use the persistence of the trend to increase the position. In the trend, you will get high returns and low risk rate.

2. Disadvantages: In a volatile city, it is more difficult to gain profits. The initial position is heavy, and the requirements for the first admission are relatively high.

the funnel-shaped position management method and the rectangular position management method are that after the first admission, the market moves in the opposite direction, but it is still convinced that the later trend will move according to its own judgment to manage the position. The pyramid-shaped position management method is that after entering the market, if the market moves in the opposite direction, the position will not be added, and if the stop loss is reached, the stop loss will be made. The first two methods belong to counter-market operation method, while the latter is homeopathic operation method.

The funnel-shaped position management method and the rectangular position management method are based on the correct premise that the market outlook is in accordance with the predicted trend, and the positions are getting heavier and heavier, so that profits can be made without exploding positions, which is more risky for investors. Pyramid-shaped position management method, at most, is to lose a certain proportion of the first admission funds, rather than the risk of all funds, so the pyramid-shaped position management method bears less risk.

control skills of buying fund positions

1. One-time buying

Buying timing: shock market, bottom of bear market or bull market is in the main rising stage;

Disadvantages: the bear market continues to fall due to the wrong trend judgment, or the bull market enters the stage of stepping back, adjustment and interval fluctuation, and the cost of rectification is high;

Maximum short-term floating loss ratio: 2% or more;

advantages: the trend judgment is correct, and the cost is much smaller than the phased purchase.

2. Buy in batches

Buying opportunity: the market fluctuates, the bear market bottoms out or the bull market is in a range of fluctuations;

Disadvantages: the trend judgment is wrong, and the cost is higher than one-time purchase;

The maximum short-term floating loss ratio: If it is double buying or super-double buying, the floating loss can be arbitrarily controlled before Man Cang even if the downward trend;

advantages: less one-time investment and high liquidity. If the trend is judged incorrectly, the cost of rectification is low, and if there are many batches, the floating loss can be well controlled, and it is easy to solve the problem in a short time.

how to control the position?

1. Set the position of the large market

Generally speaking, if the market is at a low level and there is huge room for growth, it can be held in a heavy position. If the increase is too large and it is in a relatively high shock stage, you can maintain a semi-warehouse position. If the market starts to adjust downward, it can be reduced to a position of 1% to 2%. Heavy positions at low points, half positions at middle points and light positions at high points are key reference indicators for fund investment.

2. Set the position for the phased growth rate of the fund's net value

In the current volatile market, the basic people can choose the theme fund layout with relatively small increase and low net value growth rate among the optimistic theme funds, so as to avoid the mid-term adjustment risk faced by the theme funds that have risen sharply.

3. Control positions according to investment preferences

For short-term investors, positions can be higher due to frequent positions adjustment. However, for long-term fund investors, it will be more important to control their positions in the medium and long term. Investors can determine the position changes according to their investment preferences and operating styles.

summary of key points of risk control in stock trading

1. Control risks psychologically. In the process of stock market investment, it is not only the uncertainty of the market that causes serious losses to investors, but also the psychology of investors, which is one of the main causes of operational errors.

2. Control risks operationally, and learn to wait appropriately after a stock is profitable or stops. Many investors have just sold out today, bought tomorrow and held the stock forever. Such an operation can be profitable when the market is good, but it will face greater risks in the unstable market.

3. Control the risk from the position. The heavier the position, the greater the income, but the greater the risk. Once there is a new change in the market, if the market chooses to go down, heavy positions will face serious losses. Therefore, investors should decide their positions according to changes in the market.

4. To control the risk from holding shares, the stock varieties held by investors should be divided into two parts: one is the radical investment variety used for short-term operation; The other part is a stable investment variety for medium and long-term investment. Reducing the number of types of holdings can improve the ability to respond quickly and thus resist risks.

5. Set the stop-loss line to control the risk. The maximum stop-loss line depends on your average income per transaction and the probability that you will buy stocks with rising prices. (Average return = sum of profit percentage of each stock transaction/only number of profitable stocks; The probability of stocks with rising prices is the average success rate = (number of historically profitable stocks)/(number of historically traded stocks).

6. Set up risk control from position management. When there is a certain trend reversal, you will never increase your position when you lose money. There is nothing to be ashamed of when you suffer losses in stock trading, but it is an amateur and self-destructive behavior to continue to hold the stocks that lose money, let the losses enlarge, and even continue to add positions.

7. Set the risk control from the profit-risk ratio, and pay attention to the profit-risk ratio before buying each stock. Historical return risk ratio = (success rate of trading stocks _ average return increase)/(failure rate of trading stocks _ average return decrease).