Category: Money Tips Date: 2007-05-10
Magas speculation has proven ability and outstanding by the market, most focus on the trinity of magaz market conditions, market fundamentals and market potential like to meet the city occupies an important position, the following is a typical case.
Soybeans into the late 1970s bull market phase, an acute shortage of the market each week when the Government announced the figures will show a very strong export figures. General word, in short supply. Figures published, soybean prices pushed higher nature. At that time Marcus has a lot of good positions and about, on the 1st broker call magaz: meters high, the first to tell you a good news, export figures to scale new heights, soybeans uptick. But at the same time to inform you of a bad news, you hold a good position, and there is no jiacang, that is, no increase in the number of new positions. The general view of soybean contracts will be the third consecutive day circuit breakers, magaz Opening for he had not deeply regret. The next day turned out to soybean limit-out, followed by soybeans and about, in the limit-price active trading occurs. Then, suddenly, soybean contract fell back, magaz Ruyuan to buy more soybeans taste of peace. At this point Marcus thought: soy daily limit should be the third consecutive day the message board before being matched with the market. Strange! Meditation Shortly after, magaz that market instability, immediately inform the broker about selling the hands of all the good positions, and the backhand short, a sudden become the market madness of magaz Taku home, the results of soybean prices fell sharply, MA Vegas victory. The campaign, fully proved that came out positive, while the city failed to make a corresponding increase in potential, you can rest assured that the short selling.
Q: The good news came out, the Urban Potential performance is strong as expected, so that you will give up all soybean positions in favor of short selling, big peak, is unique.
A: No, another case. The same occurred in the mid 70s, when almost all futures have soared, rising one day city of trend is very strong, almost all commodities have in order to reach the daily limit, cotton, no different. The strange thing is the cotton in order to limit-out, and then started to decline, finally only a little higher than the previous day's closing to close all the other futures to daily limit at close.
Q: The consequences?
A: The highest price of cotton reached the day, after no longer be seen.
Q: this will not only say that you paid close attention to similarities between markets, if a particular market was especially bad, you will be careful to capture short-selling opportunities.
A: The analysis is correct, to the cotton market terms. In other futures limit-all circumstances, even its own back, the weak Bi showed no response to agile speculators will not give up short of the will. Cite a similar example, if the market is being strongly positive impact on the news, but even indifferent, I believe you will not miss the short selling opportunities.
Q: Most of the speculators What is the most common mistakes?
A: The misconception that you can rely on the advice of experts, in the speculative market, the competition.
Q: The expert's statements can not believe everything, please give any further explanation?
A: First, do no better than a letter written the book. Second, the experts themselves are not speculators, not the actual market speculators. Sir, you know that the fish are happy. For example, the average futures brokers, their lives can not be turned into excellent futures speculators, how can he listen to the stock market brokers proposed unbeaten. All in all, No pain no gain, it is necessary to succeed in the speculative market to be themselves, they try to do your homework carefully deployed, in addition, no short cut to success.
Q: Other misconceptions must be corrected?
A: The most foolish belief that the large slots that could be collusion to manipulate the market last fall. I know the world can say that most of the big speculators, but in 99% of the cases, market forces were greater than anyone else, to rise up to the city after all potential to fall will be the ultimate softening of the interfere with market forces can only have a short term impact.
Q: Have you ever been two mentor's teachings, and the other you have the road to success from failure Avenue, you may have summed up the conditions for success, in turn granted to the other destined people?
A: The other person granted the same joy, the most successful example is my good friend Bruce GUO Fu-take.
Q: What grounds have learned to take GUO Fu-effective in your discipline, or attributed to his own genius? Comparison between the two side is heavier?
A: GUO Fu-taking itself is an excellent professor and columnist, learning Qin Min, talented, fully equipped with the conditions for success.
Q: The knowledge, other special benefits?
A: GUO Fu-sheng, enough to take an objective, observation capability TB before HIV infection.