The market has made it clear to traders countless times that the essence of trading is to reduce mistakes and that success is "good loss, small mistakes." "

Trading is always on the side of those who lose less and who are good at losing. The complexity of the market requires the establishment of a complete trading plan. Often, these simple ideas are not understood by most traders. They think that a lot of wealth is right in front of them, and they don't need to think deeply about their transactions.

Most beginners often wonder what they have done wrong. In fact, it is not that they have done anything wrong, but that they have not done anything right, because they do not know what is right. In fact, you have to do the right thing at the right time at the beginning of the deal.

Wealth is always on the unexpected side. Rather, failure is on the familiar or popular side.

Many traders do not adjust their trades before the market moves, which distinguishes the winners from the losers in the market. They didn't even think that what happened today was just a judgment of possibility.

They are over-positioned, maybe they have a good stop-loss protection, but their execution is not firm. What they have in mind is how much they can earn from the market today. They are doomed to be losers, not because they don't know how to trade or because the market is bad, but because they can't do it on their own. Worst of all, they are not aware of the problem.

In most cases, a trader's plan does not consider "what if I am wrong", and their thinking stays on the right expectation. This is the key to not being promoted to a successful trader.

In every trader's career, this idea will be tested over and over again, and this is the core of trading. Those losers failed because they didn't know the nature of the market from the beginning.

Perfection is often inadvertently created.

Why is strategy so important to us in terms of operation?

Because, no one can predict the market 100%, if someone can do it, there is no need for strategy at all.

The man who can make no mistakes at all is God.

But you and I both make mistakes, so we need strategies to help us. Remember when we cleared the stock at 6000 o'clock. Why would you do that? Because, a head has been formed here.

What do you mean, head? A period of rise, the rise can not move, it can be suspected that it is the head. If the market goes up again after a period of time, the place that originally could not rise will become the so-called finishing section.

But for operational strategies, where there is no move, we all have to regard it as the head, because this allows us to avoid the risk of falling, just like those who are now tied up in the head, because they think that the stock will rise again at ten thousand points, so hold on. But no matter what we think, bullish or bearish, strategically, we should first withdraw from shareholding and wait and see.

By the same token, for the downtrend, where you can't fall, you should regard it as a finishing section, not as the bottom, because there is only one bottom, and you will generally guess wrong.

Even if it looks like the bottom, you still have to treat it as a finishing section, which can only be higher than lower, and you can't buy and hold it tight, just like this side right now. This is our standard strategy.

"the purpose of the strategy is to enable us to control risks, not to maximize profits."

Where's the bottom? As a matter of fact, this question is not important at all, and there is no need to know it, and no one knows it. It is more practical to concentrate on your own buying and selling point, when to increase the price, when to stop the loss, and how to do it if it goes up.

There is a famous saying, never overweight the loss-making parts. This sentence, the wife is important, but it is the most people ignore.

In other words, always increase the part that makes money. The core of this sentence is to keep your loss-making areas from multiplying growth. Because our funds are limited, our judgment can not be 100% correct, in order to consider the risk, we must do so.

Moving some profits here to offset the risk is a last resort because we have limited funds and we may make mistakes.

The biggest problem that will make a mess is strategy.

Everyone can read the wrong market, but the great thing about a master is that he can bear to make mistakes and draw up strategies, which is really important.

For an operator, the operation when there is a part on the hand is completely different from the prediction.

The purpose of judgment is to make the position get the maximum profit in the way of minimum risk, and the judgment of the later situation must be integrated into the profit or loss that you have incurred, so it will be more complicated.

When there is a profit, let the profit develop on its own. as long as you set your own timing and decide under what circumstances to make a profit, then even if the deal is successful, it is not necessary to make a short position at the lowest point. To earn more and earn less is to earn less.

On the contrary, when there is a loss, at this time, I do not think it is necessary to prove that I must be right, it is urgent to deal with the loss correctly. The more determined you are, you must be right to be careful that losses will quietly double in speed and you will never be able to turn around because of a trade.

Never trust predictions-because there are too many subjective biases in predictions, because predictions are illusory in the future, because predictions are a concentration of fear, and because predictions actually represent uncertainty, don't trust any analysis.

The up-and-down price movement stipulates that you should learn to trade more or less.

「There is nothing to be done in virtue and no thought in it.

Can you drive? No! Can you walk? Yes! Fair enough.

If you want to get to a certain destination, you have to find the way before you drive up or step on it, instead of walking around.

Remember, you don't open the way, hit and hit the destination by mistake, but you see the existing road, and then follow the road in order to reach the destination.

To place an order transaction is to see the market first, and then follow the market-- here you dare not to be the first in the world, not in front of the forecast, not in the fantasy, you have to follow and move after; then let the market lead you a long way, and you will make a profit.

How far can the market go? I have no idea. How long will it take for the market to adjust? I don't know! Just wait. So you can make fewer mistakes.

If you start to predict the price distance or time again, or lose patience, worry about losing profits, and leave too early, that means you are off the road, then you will fall into a roadside trap, and then or the next moment, you are bound to make a mistake and make a big mistake.

Positions have nothing to do with time and have little to do with the distance of the price movement, if any, to see whether the boundary of the price movement has been reached or is ready to cross. The boundary of the price movement is actually easy to identify.

In the figure of more than 15 minutes, the high and low points of yesterday, the high and low points of the previous few days, the boundary of the large moving average line, etc., have almost been marked, and it is clear at a glance that you draw the line yourself. You don't have to think and worry about yourself. The K-line movement is so simple, but you complicate it, and at the same time, you also make yourself confused. How can it not be at a loss?.

Position also has nothing to do with your patience, personal emotions, including your expectations or doubts and other psychological activities! If it's relevant, you're already losing money.

Think about how you drive or walk. If you can't think, hit the road and think about the relationship between your legs, road and destination as you walk. To open your legs is your trading behavior.

The road is the path and direction of the price movement; the destination is the boundary of the price movement and the end point of your trading profit (the destination in life is always known in advance, but the destination of the price movement is best not to be detected in advance. Just follow).

Walk for a while and slowly imagine who comes first and who dictates whose behavior.

Don't be in a hurry to move too early, and don't worry about the wolf behind the tiger. The price movement has a path process-- trend. The trend itself is a combination of distance and time extension, but this is a dynamic process. The size of the trend can not be pre-defined or prematurely analyzed and judged by time and price difference.

At least, most of the market is like this.

Moreover, traders do not need to make preconceived predictions. In fact, the following deal is the right deal. And the position has nothing to do with price difference and jet lag.

Don't you make a profit if you are in line with the market? do you still have to make a profit of how many US dollars? do you have to specify the exact data such as how long to hold the position in order to be reconciled? That is impossible and unnecessary. Don't worry about trends and profits, just follow in tune with the market.

The simplicity of making a profit is to follow the price movement rather than fight it. The trend of the market has nothing to do with you at all. Will he talk to you if you fight against him? Therefore, if you follow the wrong way, you should get used to the easy and simple U-turn. But most people at this time, the heart is heavy, the body is heavy, unable to turn, and even stumble to drink hate.

Read books without a break, don't stop thinking, don't leave your actions and practice, in your life, be familiar with the thoughts of Taoism and Buddhism, keep quiet and do nothing, abandon desires, and use these philosophical knowledge to truthfully guide your thinking and behavior. keep your mind simple and free.

Laozi said, "if Gai Wen is good at living, the mausoleum does not open up a tiger," which means that people who are good at saving lives do not easily chop rhinos or tigers when walking in the hills.

A trader should not take risks easily, do not be driven by desire or rush to enter the market, and do not leave prematurely because of fear and doubt.

Honestly control the position, honestly see the market and then follow the transaction, this is the original way to do the transaction. If you look forward to or doubt a transaction because you have ideas at the time of the transaction or because of the influence of bad psychological activities, it will be divorced from the nature of the transaction.

At present, there are studies on "trading psychology", but those who are talking about trading, what kind of bad psychological activities they will have and the various processes that affect the correct trading behavior. In fact, if you are a mature trader, the nature of profits and losses has nothing to do with mental activity.

But in this world, few people can see this. At most, he can see that the process of psychological activity determines the way people behave, and try their best to control their own mental state and trading methods and principles. This is the state of mind of a typical immature trader. But in fact, you don't have to work so hard.

As long as you give up your ideas, simple your behavior, proportional light positions, do a few price moves to follow, the position process with the price movement and profit big or small, this is the trade.

How can there be so many thoughts in it? Mind inside, but also controlled by these bad thoughts, restless, restless, rash forward, pure loss, not asking for hardship?

Traders must understand the trade correctly. Be aware that positions and trading are two different things. Trading is a verb, if it is an action, it is often intentional and often done.

The vast majority of people in the world feel uncomfortable without trading, do not appear to be capable traders if they do not enter and exit frequently, and do not seem to be able to show their wisdom if they do not stare at the market every day for smart analysis and trading.

His position is done by inaction, and the profit figure of his position changes with the trend of the market all the time, but his heart and hands never worry too much or change his position easily. When the trend is over, the price movement will tell him that he should take profits into his pocket, and only then will he naturally harvest his own warehouse receipts.

As for whether the next order will enter, how and when to enter the market, it depends on the trend of the price itself and the schedule of his work and leisure, and the opportunity to make a profit is always everywhere.

But oddly enough, investors or traders are always unable to make profits in such a simple way. Why? Afraid

As Laozi said, the real profits are in the quiet place of "acting like a fool", while the "strivers" who have "the pleasure of trading" are in the twists and turns of "foolish as wise" deals.

The basic idea in yin-yang theory or dialectics is that when you are motionless, everything in the world is changing, so there is no need for you to move too much, but to move is to follow the movement of the world around you, which is called response or movement.

Because the achievement of anything is the product of the mutual movement of various conditions in the world around us, rather than the subjective will of people, individuals must wait for change or adapt to the circumstances.

This is especially true of the relationship between the K-line movement and the behavior of traders. Static braking, static for movement, between passive and active, standing in the anti-weak, in the static female, is the real active way. This is also the way we do everything.

Traders also need to pay attention to the significance of accumulation.

"if you don't accumulate steps, you can't reach a thousand miles", "gather sand into a tower" and so on are all saying that the cumulative results will be huge. It is also the same in financial transactions. The market trend is superimposed by each main wave and secondary wave callback. Don't think it is meaningful to enter and exit because of every fluctuation. In fact, what is meaningful is that you hold a position and remain motionless. At most, it is to increase your position after resuming the trend, rather than a series of mistakes caused by your speculative psychological fluctuations.

The big trend is superimposed by a number of small trends, and you have to wait patiently and hold the big trend. Similarly, if you do more in and out of the market, there will be more mistakes, and the amount of losses you will accumulate will be huge. You also need to double your ability to get it back.

On the positive side, the significance of accumulation also lies in the compound interest of your warehouse receipt profits. Compound interest has great energy, but it also comes from spiritual freedom and inaction.

Just imagine, you are not in a big position to get rich and take risks to get rich, but to keep following the market every time. Then with the rolling of such spreads and the increase in the number of accumulations, your paper profits are also accumulating and magnifying. Encounter a clear market, you can also increase the position to continue to follow, by following the trend of the number of positions and spread rolling as well as the accumulation of time process, even if it is always proportional to the light position, you can also have a very huge gain.

On the contrary, the kind of positions that want to have sudden-rich trading positions, such as heavy positions, frequent short bets, eager for quick success and quick profit, only know the immediate interests, and do not know that the specific conditions behind will change at any time, but they do not have any ability to deal with them. The follow-up is not in front of us, and sooner or later you will lose as much as the unbearable consequences of speeding or even rushing through a red light because of a fluke mentality. At that time, it will be too late for you to learn from the bitter experience.

"the easier it is, the more difficult it is" and "haste makes waste". In the process of the development of anything, there must be many conditions to decide and influence, fast is harmful, slow is beneficial.

So the slowest accumulation is your fastest way to make money, and believe that the power of compound interest is huge. Compound interest, sometimes algebraic growth, sometimes geometric development, infinite energy, as staggering as bean sprouts.

Be patient and be able to see this great harvest. The huge wealth gained by the expansion of time and accumulation, due to the difference between the starting point of thinking and reality, will make you feel that when a real great harvest comes, you can really feel that although it took some time to own a huge amount of wealth, it is really fast and safe.

So, the fastest and greatest way to own wealth is to slowly accumulate profits from one safe position after another, but there is no other way.

Follow the general trend of the high-probability moving average law or K-line combination form, and only when these indicators and K-line direction are formed can you enter and exit, rather than subjectively anticipating or imposing subjective will on the transaction. If you are a mature person, understand the trend of capital, naked operation is OK, because you have seen the market up and down, you can follow.

The deal is that simple. If you have to find a wise way, it is to return to simplicity, purify the mind, do nothing, have no thoughts, do not predict, do not have anxiety, and let the direction of the price movement tell you how to follow him either up or down.

Because where the road is, what the direction is and how far the destination is, it has never been your own choice, let alone your fairy prediction. Your path at the moment has always been told, chosen, and followed.

Seeing right or wrong is not the key to winning or losing. Only the loser will bet on one or two trades and haggle over the success or failure of one or two times. Try to control your maximum loss and don't let it make an exception under any circumstances. You don't have to show off a certain amount of profit to yourself or others, because the way to earn 100 times is the same as to earn once.

Don't be like a defeated rooster because of a loss or two. A loss is "part of the deal" and it will always follow you.

In the market, we often see some people who make money and speak loudly to let the whole world know; when they lose money, these people do not say a word, their brows are deeply frowned. Such an attitude will only lead to a chronic fall into the abyss of losers!

No one can be calm in the face of losses at the beginning, and it is a pity that many people often give up the opportunity of transformation when they have to go through some awakening and lose their lives until the moment when life turns dark. Otherwise, progress is like a turtle crawling, but when there is such a rare opportunity for promotion, it is a pity that many people often give up the opportunity to change. The moment life darkens, the jump level will be opened, otherwise, progress will be like a turtle crawling, but when there is such a rare opportunity for promotion, it is a pity that many people often give up the opportunity to transform.

If the unfortunate at the beginning of a series of failures, it is a severe challenge and trial. The experience of "the more frustrated, the more brave" has never appeared in the lives of ordinary people. Because it is too difficult, it is self-inflicted to say that surrender is the way to solve the problem once and for all, and most rational people will choose to do so. It is probably because ordinary people cannot tolerate ordinary people to fight to the end.

These experiences are shown incisively and vividly in the transaction. The word "high risk" is no longer enough to show the difficulty of the operation. The test of human nature is revealed here. The difficulty is not how to earn 500000 yuan in a month, but how to keep the heart from beating faster in this hour. The difficulty lies in how to let people not see whether you lost 500000 yuan or earned 500000.

But such a trading life, for a successful person, is the most fascinating in the world, a never-ending challenge, and the best way to get to know yourself. Although the way of trading is lonely and difficult, only the winners know how sweet the fruits of success are, and the high profits of the stock market are the envy of many people. I think it is not a fluke at all.

Many people are defeated after only one failure, often not because of the amount, but because they are too fragile to fight. Or you don't know yourself at the beginning, and you don't know how much you can master. I don't know where the limit of my tolerance is, and I always think I'm brave.

As a result, the trend was not as expected. I dared not think about what to do if the compensation was made this time. I did not dare to think about the suffering in my heart if the market trend was more unfavorable. The initial profit made a person relax all his guard. "he will come back anyway" became the only strategy when he was tied up. He completely handed over his fate to the market, and he unexpectedly became a bystander, because from beginning to end, except to make a phone call and hang up the order. Do not see that the decision of this part is up to the operator, do not see whether they have participated in the transaction or not, lose money into an ostrich, and make money into a lion roar to show bravery, this attitude will become the so-called sheep in the market.

In the business of trading, psychology is a required major, but few people share such unforgettable and inexplicable feelings with us. We only like to show off the best part to others. It is not easy to learn the correct concept in the market, to learn the skills of analyzing the market, and to study the possible trend of a market, sniffing out the appearance of the band head. this is the best time to sell short. I watched the market fall as expected, and there was no part on my hand. Why?

Because the environment of the best time to sell short is not reassuring, the fundamentals are very good, the popularity boils to the extreme, the air will be laughed at again, and the main stream finally spurts up to sky-high prices, and no one is on your side. I simply don't have the courage to establish such a part where "people don't like it". The psychological discomfort is frightening, and the novice doesn't know that "the feeling of victory is wonderful here." I don't know that "the biggest enemy at this time is myself". Victory is waiting in front of me, but I don't have the courage to pursue it.

Beginners think that the winner is just a computer that will analyze the market, and the importance of controlling emotions is rarely fully described. along this road, it is hard to believe that those who blow their own trumpet will be winners and shake their heads at all kinds of strange phenomena in the market. Stocks have become out-and-out commodities selling, and showing off the achievements of the stock market has even become a way to enhance their self-worth.

Jumping back from the market to watch the stock market is even more sensational, losing 20% will wake people up, the stock market will lose 100% a year plus debt plus interest, can not wake up a person? The average person has to make a big loss to realize the concept of risk.

You can't go in and out of other people's analysis results in the first place, because the exit point is the key to victory, but the general solution is mainly the entry point.

When you can't thoroughly understand what other people are really talking about, you will take it out of context.

To have your own ideas, the real meaning is that the rules of entry and exit can be based on a basis.So there are fewer tragedies. Trust other people's ideas too much, if the other person is an ordinary person, it's okay, because you already doubt him. If you trust the master's prediction too much, if you make a mistake, you will end up the worst, because you have completely trusted him, and when a mistake occurs, you can't change it immediately, from beginning to end.

The key to technical analysis is that different methods are used for different trends in each segment. The rising trend has a rising trend, the downward trend has a downward trend, and the market trend has a trend. Whether the method used is correct or not is the key point!

Emotional and motivational trading is the creator of the loser. If we look back through the trading records, we will find that it is the few large losses that really hurt the overall performance, which may come from trying to smooth out the successive losses that have sunk deeper and deeper, or from the original small losses. refused to admit compensation and turned into a bottomless pit.

Ideal money management is the secret of winners and one of the keys to long-term stable profits. If you want to be a winner, you must have your own money management methods to prevent you from getting into a difficult situation.

Still reiterate that emotion is the natural enemy of trading, if you can't clearly state your fund control method now, or if you don't have any fund control strategy at all, even if you can predict the market to 90% accuracy, be careful that if you capsize once, the profits made in the past 10 years may be wiped out.

This tells us one thing, bullish or bearish, the accuracy of predictions is not guaranteed to make money. The formulation of strategies is the most neglected and the most difficult.

Even if a good strategy is drawn up, it still has to be tested constantly. Don't blame the market for going like that. It's because our strategy can't stand the test.

A good strategy can even make money with an accuracy of only 30%!