Futures investment experience
1. Always be an honest and objective person in the market, neither deceiving others nor deceiving yourself. We should have a sincere dialogue with the market, love the market and learn to be friends with the market.
2. The market is a school that can never graduate, so we should always be modest and cautious, guard against arrogance and rashness. Keep a normal heart and be an ordinary person. Always be in awe of the market;
3. Quiet and far-reaching, contentment is always happy. The money in the market is endless, and no amount of money is endless;
4. Always keep the perception of good things and find fun in the process of trading;
Always believe that you are the best, and only you can control your own destiny in the market. Accustomed to it, I always compete with myself;
6. The market is always right. Believe the market facts you see. At the same time, we should always remind ourselves that anything can happen in the market;
7. We must firmly believe in the power of market trends, take advantage of the trend and get twice the result with half the effort, and finally go against the market to get rid of bad luck;
8. The most important thing in the market is viability. As long as you are alive, you will have a chance. We should take the protection of capital as the first goal, be brave enough to admit our mistakes to the market, and don't pay unnecessary losses for a misjudgment;
9. Sometimes the best deal is not to trade. Learning to rest and reduce mistakes is to increase profitability. The purpose of trading is to make money. When the profit potential of the position held is not great, reduce the investment scale or even clear the position;
10. Many times, the market is not worth trading (or not worth heavy trading). Don't be tired at this time, but be able to withstand loneliness; Professional traders should recuperate under normal market conditions, recharge their batteries and seize the market opportunities of several heavy positions in a year;
1 1. Gradually develop the thinking and habit of long-term trading. On the premise of establishing the trading target, don't pay too much attention to the process of market development;
12. To form your own trading decision-making system, you must have a pair of eyes to see the market by yourself. Have a certain insight into the market, and it is best to have a certain foresight. When trading, only listen to your inner thoughts and try to eliminate external interference. In short, respect the market and believe in yourself.
13. No one can really predict the overall development of the market. You can approach the truth of the market with a relatively correct analysis, but you should add a reasonable trading strategy at any time, only the facts and the market have the final say;
14. The process of trading is the process of learning. You should always check your trading ideas and psychology. Try to listen to your inner voice;
15. Think carefully and take the initiative. Trading needs a reason, which can at least convince yourself. Never put yourself in a situation where the market can't stop;
16. To make a good deal, be a good person first. Be strict and self-disciplined in life, maintain physical and mental health, and strive to improve your trading realm and trading wisdom.
Futures investment experience II
Lead: some people make money in futures investment, even make a hundred times profit in trading, and some people lose money. What is the secret?
1, only use the money that can be lost.
If you spend your living expenses on futures speculation, you are doomed to fail, because you can't think casually and make smart decisions. The capital you invest must be the money you can lose. You should be careful not to use other funds or property. The key to successful investment is independent thinking. An investor said:? You must be able to buy and sell with minimal interference or external influence, that is, you may be affected by fear of losing your funds for other purposes.
Step 2 control your emotions
You must be calm and have the ability to control your doubts, and you will not stay awake because of future business. Those who can't control their emotions might as well seek another development. A rich man pointed out: In the market, many exciting things happen every day. To deal with these sudden changes, you must be smart and calm, otherwise you will be indecisive.
3. Start with small and low-risk transactions.
Before engaging in the actual transaction, make a simulated investment at home to test your ability. Then go to the market to buy and sell, only buy and sell one or two contracts at a time, and choose those goods whose prices have not changed much. Novices should learn trading techniques first, and then gradually try to buy and sell risky goods.
4. Don't buy and sell goods excessively.
Only one third of the funds in the margin account can be used for trading. If necessary, you can reduce the number of contracts in your hand to comply with this rule. This principle helps us avoid making temporary trading decisions with full margin as capital. After all the deposit is used up, if there is no money to succeed, you may be forced to terminate the contract in advance and suffer huge losses that could have been avoided.
Step 5 take a break
Buying and selling at the top every day will affect the low judgment. A successful investor said:? When my intellectual activity dropped to 90% of the normal level, my business began to break even. If my intellectual activity falls below this level, it will be convenient for my work to start losing money. ? He has a rest every five or six weeks. If he earns a lot of money, he will go abroad for a holiday.
6, when there is no confidence, and wait and see.
Don't think that you have to buy and sell every day, or even have goods in hand every day. Novices tend to buy and sell and keep contracts, but the cost is high. Successful investors understand? Patience And then what? Self-control? , waiting for the opportunity. When they are buying and selling, they will immediately terminate the contract if they find that their ideas are wrong.
7. Choose the most active month.
For example, Dalian soybean futures, May and September are usually the contracts with the highest transaction volume, and such contracts are easy to buy and sell. You should be careful to trade inactive futures, especially those near delivery. Novices should not choose these commodities.
8. Don't buy and sell multiple commodities at once.
Don't buy and sell in multiple markets at the same time, but buy and sell in the range you are familiar with. Few businessmen can successfully invest in grain and metal futures at the same time, because the prices of these two commodities are affected by different factors.
9. Pay attention to the opening price level.
The opening price level may show the trend of the day or the trend of the next few days, especially after the publication of important reports. Millions of wealthy businessmen said: if the opening price breaks a high point, it should enter, and if it falls below a low point, it should leave? . Many traders use this principle to decide buying and selling, and some middle and long-term traders use weekly or monthly lines to decide, but when the price breaks through the high point of a week or a month, they will purchase goods, and vice versa.
10, pyramid trading
When adding positions, don't exceed the original data at a time. Suppose your initial quantity is 500 lots of soybeans, and the ideal situation is to increase 250 lots, then 125 lots and then increase 50 lots. Whether to increase the position depends on whether the market situation is favorable to you.
1 1. Don't buy and sell at the same price.
If you want to buy 1000 lots of soybeans, you might as well buy them in five times to see if the market trend is as expected, and then invest fully. Successful investors use various standards and technical signals to guide their transactions, but the most important thing is market dynamics. Young rich businessmen will try to wait until the market proves to be a good time to buy and sell, instead of buying all the goods at the same price at the beginning.
12, when losing money, don't make up the position.
No matter how confident you are, if you lose money in your position, don't make up for it, because you may be off track. Some investors disagree with this principle. Do they believe it? General? Technology, that is, when losing money, not only needs to make up the position, but also needs to increase the price, in order to get the average price. However, young wealthy businessmen think that the risk technology of leveling the average price is very stupid, and if they support the original view too much for a while, the result will only expand the loss.
13, heading back.
When the market trend is not conducive to your investment, you should admit your mistake and terminate the contract. If you try your best to reduce losses, even if your speculative hit rate is only 50% or lower, you may gain a lot. Some successful investors may succeed only three or four times in ten investments, but they still make money, because they strictly abide by the law and give up the goods at a loss as soon as possible to reduce losses.
14, don't hold loss positions.
The young rich businessman said that a loss-making position should not be held for more than two or three days, let alone a weekend. A successful investor should stick to this principle. He said:? This principle seems simple, but for experienced investors, it will be difficult to implement. So I forced myself to absolutely abide by this principle, and I avoided a great loss for my friends? .
15, learn to accept failure
This rule is contrary to the opinion of many people. A successful investor said:? Learn to accept failure, because it is part of business. When you can lose money, don't feel that your self-esteem is hurt, keep your mood stable, and you will be on the road to success? . Before you become a successful investor, you must get rid of the fear of failure.
16. Use stop-loss orders carefully to terminate the contract.
This is an easy-to-implement criterion. Stop loss termination can help you automatically give up your loss position. It is very important to terminate the contract when the loss reaches a certain level according to your original instructions. If you violate this standard, you may lose control, continue to hold positions and deepen your losses. But remember, when using this stop-loss termination method, you must be extremely cautious, because the range of price limit is too wide or too narrow, which will bring you serious losses.
17, don't expect the highest and lowest prices to deliver and receive goods.
When you are sure that the market situation has bottomed out or bottomed out, you should take immediate action. You'd rather let the market prove your point by itself. No investor can always ship at the highest price or buy at the lowest price.
18, good news comes true before shipment.
If the news is bullish, you should buy more, but when the market news becomes a reality, it is time to close the position. For example, there is news in the market that a big grain transaction is going on. At this time, the market price will rise because of good news. Therefore, this rule teaches you to buy as soon as you hear the news, but when the legendary transaction really closes, you should immediately close the position.
19, the bull market is too cautious to prevent reversal.
An old stock market trading code says that the price is too high in a bull market and the general trend collapses at any time. If you hold more than one order, be careful of the bad news.
20. act quickly
The futures market is not kind to those who hesitate. From experience, buying and selling must be done quickly. This is not to urge you, but to think it over. When you decide that canceling the contract is the best policy, you should do it without hesitation.
2 1, don't haggle over every ounce
If you want to buy goods, don't deliberately lower the bid when listing, hoping that someone will trade with you, so people who haggle over every ounce often find that the market is reaching their goal and then turn around and slip away. Therefore, they may miss the opportunity to make big money in order to compete for petty profits. When you think this is action, you should act immediately.
Futures investment experience 3
1. Always be cautious and control risks.
With the continuous development and progress of domestic financial market, people gradually have more ways to participate in domestic financial activities, and more and more people take futures investment as their sideline. Commodity futures market has a low entry threshold and no requirement on the scale of funds, so it is an ideal entrance for ordinary investors to participate.
2. Do trend trading instead of intraday trading.
Ordinary traders should choose their own trading methods when trading futures. Amateur traders can't keep their eyes on the disk, so they are not suitable for day trading. Relatively speaking, amateur traders are more suitable to do trend trading, participate in those commodity varieties with obvious medium and long-term trends, and follow the trend for several weeks to several months. The advantage of trend trading is that you don't have to pay attention to short-term price fluctuations, but only to big trend changes. Commodities go out of the obvious general trend and will not be reversed in a short time. It will bring very considerable benefits to follow the trend and add positions all the way.
3. Use only the money you may lose.
If you spend your living expenses on futures speculation, you are doomed to fail, because you can't think casually and make smart decisions. The capital you invest must be the money you can lose. You should be careful not to use other funds or property. The key to successful investment is independent thinking. An investor said:? You must be able to buy and sell with minimal interference or external influence, that is, you may be affected by fear of losing your funds for other purposes.
4. Keep a good trading mentality and earn the money you should earn.
The futures market has always had the opportunity to make money. The two-way trading mechanism allows traders to make money in both rising and falling markets, so many traders try to make money from intraday price fluctuations and intraday trading. This method seems to want to seize all opportunities in the market, but it is actually just a beautiful fantasy. Day trading requires high technical analysis and reaction speed of traders, and even well-trained traders cannot open positions in the right direction every time. Therefore, it is unwise for amateur traders to try to seize all opportunities in the market, which reflects the greed of traders. Futures traders can't survive in this market if they can't control their greed.
5. Start with small and low-risk transactions.
Before engaging in the actual transaction, make a simulated investment at home to test your ability. Then go to the market to buy and sell, only buy and sell one or two contracts at a time, and choose those goods whose prices have not changed much. Novices should learn trading techniques first, and then gradually try to buy and sell risky goods.
6. Pay attention to the opening price level.
The opening price level may show the trend of the day or the trend of the next few days, especially after the publication of important reports. Millions of wealthy businessmen said: if the opening price breaks a high point, it should enter, and if it falls below a low point, it should leave? . Many traders use this principle to decide buying and selling, and some middle and long-term traders use weekly or monthly lines to decide, but when the price breaks through the high point of a week or a month, they will purchase goods, and vice versa.
7. Don't buy and sell goods excessively.
Only one third of the funds in the margin account can be used for trading. If necessary, you can reduce the number of contracts in your hand to comply with this rule. This principle helps us avoid making temporary trading decisions with full margin as capital. After all the deposit is used up, if there is no money to succeed, you may be forced to terminate the contract in advance and suffer huge losses that could have been avoided.
8. When you have no confidence, wait and see.
Don't think that you have to buy and sell every day, or even have goods in hand every day. Novices tend to buy and sell and keep contracts, but the cost is high. Successful investors understand? Patience And then what? Self-control? , waiting for the opportunity. When they are buying and selling, they will immediately terminate the contract if they find that their ideas are wrong.
9. Choose the most active month.
For example, Dalian soybean futures, May and September are usually the contracts with the highest transaction volume, and such contracts are easy to buy and sell. You should be careful to trade inactive futures, especially those near delivery. Novices should not choose these commodities.
10, don't buy and sell multiple commodities at once.
Don't buy and sell in multiple markets at the same time, but buy and sell in the range you are familiar with. Few businessmen can successfully invest in grain and metal futures at the same time, because the prices of these two commodities are affected by different factors.
1 1. Don't buy and sell at the same price.
If you want to buy 1000 lots of soybeans, you might as well buy them in five times to see if the market trend is as expected, and then invest fully. Successful investors use various standards and technical signals to guide their transactions, but the most important thing is market dynamics. Young rich businessmen will try to wait until the market proves to be a good time to buy and sell, instead of buying all the goods at the same price at the beginning.
12, when losing money, don't make up the position.
No matter how confident you are, if you lose money in your position, don't make up for it, because you may be off track. Some investors disagree with this principle. Do they believe it? General? Technology, that is, when losing money, not only needs to make up the position, but also needs to increase the price, in order to get the average price. However, young wealthy businessmen think that the risk technology of leveling the average price is very stupid, and if they support the original view too much for a while, the result will only expand the loss.
13, heading back.
When the market trend is not conducive to your investment, you should admit your mistake and terminate the contract. If you try your best to reduce losses, even if your speculative hit rate is only 50% or lower, you may gain a lot. Some successful investors may succeed only three or four times in ten investments, but they still make money, because they strictly abide by the law and give up the goods at a loss as soon as possible to reduce losses.
14, don't hold loss positions.
The young rich businessman said that a loss-making position should not be held for more than two or three days, let alone a weekend. A successful investor should stick to this principle. He said:? This principle seems simple, but for experienced investors, it will be difficult to implement. So I forced myself to absolutely abide by this principle, and I avoided a great loss for my friends? .
15, the bull market is too cautious to prevent reversal.
An old stock market trading code says that the price is too high in a bull market and the general trend collapses at any time. If you hold more than one order, be careful of the bad news.
16. Use stop-loss orders carefully to terminate the contract.
This is an easy-to-implement criterion. Stop loss termination can help you automatically give up your loss position. It is very important to terminate the contract when the loss reaches a certain level according to your original instructions. If you violate this standard, you may lose control, continue to hold positions and deepen your losses. But remember, when using this stop-loss termination method, you must be extremely cautious, because the range of price limit is too wide or too narrow, which will bring you serious losses.
17, don't expect the highest and lowest prices to deliver and receive goods.
When you are sure that the market situation has bottomed out or bottomed out, you should take immediate action. You'd rather let the market prove your point by itself. No investor can always ship at the highest price or buy at the lowest price. 18. Shipment after the good news becomes a reality. If the news is bullish, you should buy more, but when the market news becomes a fact, it is time to close the position. For example, there is news in the market that a big grain transaction is going on. At this time, the market price will rise because of good news. Therefore, this rule teaches you to buy as soon as you hear the news, but when the legendary transaction really closes, you should immediately close the position.
18, MLM
When adding positions, don't exceed the original data at a time. Suppose your initial quantity is 500 lots of soybeans, and the ideal situation is to increase 250 lots, then 125 lots and then increase 50 lots. Whether to increase the position depends on whether the market situation is favorable to you.
19, pay attention to fundamental research and learn to grasp the big and let go of the small.
If supply exceeds demand, prices will fall, and if supply exceeds demand, prices will rise. When studying the relationship between supply and demand of commodity futures, we should focus on those decisive events with great influence and ignore the small events with little influence.
Commodity prices are often greatly influenced by domestic policies, which are ultimately implemented in the relationship between supply and demand. For example, the price of cotton is greatly influenced by national policies. When the country implements the lowest price purchasing and storage, even if the consumption of downstream cotton spinning enterprises is reduced, the cotton produced by farmers will be sold to the country at a higher purchasing and storage price, making it impossible for cotton spinning enterprises to buy cotton of the same quality at a lower price, so the supply side will not be surplus and the cotton price will not fall. At present, the national reserve of cotton has exceeded10 million tons, and the annual domestic consumption is only several million tons. Even if there is no cotton this year, there will be no shortage. In this context, the main factors affecting the domestic cotton price are whether the national reserve cotton should be thrown, at what price and how much it is planned to throw. As for the news of weather disaster in a cotton producing area, you don't have to pay too much attention.
Technical analysis can provide a good starting point.
Fundamental research provides traders with the direction of trading, and technical analysis is needed as a reference when and at what price to open positions. Traders build positions in favorable positions, and their profit warehouse receipts can enhance traders' confidence in holding warehouse receipts.
If the price change direction obtained from weekly or monthly technical analysis is consistent with the direction obtained from fundamental research, the reliability of the conclusion of fundamental analysis will be improved. However, if there is a conflict between technical aspects and fundamentals, it is best not to open positions, because the right direction does not mean that it is a good time to enter the market, and it is safer to wait for the technical indicators to improve.
For trend traders, technical analysis does not need to be too complicated. The author thinks that it is enough to basically master the technical analysis of futures market and Japanese candle chart technology, and the simpler the trading indicators, the better.
2 1, the light warehouse takes advantage of the trend, and the floating profit increases the position.
In the case of consistent fundamentals and technical aspects, positions can be opened. But at the same time, a new question has emerged: Is it more appropriate to open multiple positions? For amateur traders, the position size should be small. So how many positions are light positions? Depending on the style and confidence of traders, it ranges from 10% to 15%. In fact, light warehouse is an attitude. There is no need to stick to a certain percentage. A posture that can make you sleep well at night is the right posture.
When the market operates according to the trend judged by itself, the positions held will be profitable, and you can add positions when the time is right. A profitable position can make the overall position in a more favorable position. The timing of adding positions should be carefully considered. The act of adding positions itself is equivalent to opening positions again. Generally, the position is broken or the rebound callback is over. The method of adding positions follows the pyramid method, and the further the position is added, the smaller the position is.
22. Strictly implement the stop-loss strategy.
To do futures, we must strictly implement the stop-loss strategy. When the market trend is inconsistent with the expected judgment, the loss position should be closed immediately. The market has told traders by way of loss that their trading direction is wrong, and traders will only lose more and more if they continue, and the initial stop loss is often the cheapest stop loss.
Amateur traders usually face another trouble, that is, stop losses are too frequent. Every time you lose a little, you will lose more and more, and the principal will be less and less. Why do traders frequently stop losses? Because it's too casual to open a position. When a stop loss is encountered when opening a position for the first time, the trader should stop trading, reflect on where the problem lies, and carefully analyze the trend of the commodity market, instead of blindly opening a position again.
Stop loss line should be set reasonably. For example, in some key resistance or support positions, because there are too many false breakthroughs in the futures market, how to define effective breakthroughs needs to choose reasonable standards according to commodity varieties, and the stop loss point also needs to be set according to the size of positions and the style of traders.
23. Get into the habit of rededication.
Double quotation can help traders effectively improve their trading level. After the resumption of trading, traders will carefully consider whether each trading order placed at the beginning is reasonable, which is good and which is wrong, whether the stop loss is reasonable, whether it is strictly enforced, whether the position size is appropriate, and so on. Looking back from the bystander's point of view, you can often find problems that you ignored when trading.
24, put an end to unrealistic fantasies
Diligent traders will read the works of some futures masters when they first come into contact with futures, and they can learn the trading ideas and operation methods of the masters. At the same time, however, being too obsessed with the works of masters often leads to the illusion that it is easy to make money in futures, because traders only see the trading process of successful masters and lack understanding of futures risks. In the futures market, most traders are losing money, but often many people think they are the few who can make money. The futures market is a zero-sum game, and traders must always be cautious and control risks in order to survive in the cruel financial market.
25. Learn to accept failure
This rule is contrary to the opinion of many people. A successful investor said:? Learn to accept failure, because it is part of business. When you can lose money, don't feel that your self-esteem is hurt, keep your mood stable, and you will be on the road to success? . Before you become a successful investor, you must get rid of the fear of failure.