Category: Money tips Release Date: 2006-08-11
To become a good professional traders is very simple, as long as you can to survive in the market to establish the correct principles, and insisted on proper use of it. The focus of my concern is only with the trend of all relevant factors, the correct grasp of the trend, the entire trading system's chances of winning are greatly increased. Do not try to predict the shape of the clouds tomorrow, and today any different, you just see the dark clouds heavy with an umbrella when going out on the list. Financial markets, the language is - a real breakthrough, when the trend to follow up!
I rarely injured, because my principle is to avoid the biggest risk, rather than how much money. Waves in the fall, when, looking for support is a thankless task items, fell faster than the speed of rising three times as large, because of fear than optimism is also terrible.
My confidence comes from my failures, the strategy aims to allow us to control risk, rather than to maximize profits. Financial investment is a serious work, not the pursuit of huge profits, because profits are unstable, we are pursuing is to stabilize the deal. The nature of the transaction do not consider how to make money, in essence, is to effectively control risks, risk management is good, so naturally the profits from the transaction is not hard to get rich, but risk management, wealth!
Prominent figures such as Newton, Einstein, Roosevelt had suffered a setback in the securities investment. Newton said afterwards: "I can calculate the orbit of celestial bodies, but can not calculate the madness of human nature."
"Policy emphasis on the project," the concept of very, very important, strategy or inaccuracies in your circumstances to save your little life.
Have a good mentality, believed in his ideas and models (of course, proved to be correct), is not losing money temporarily changing the casually go, that we will be able to slow the Roman Paqu.
Potential change is to defend, then the action potential changes. In a downward trend has not changed, when we need to stick to live their own cash; in a rising trend has not changed, when we need to stick to live their own shares.
The so-called "trend" is concerned, is public geo-Hop was created. Geo-Poly was born then eliminate loose edge, so only (edge: a variety of causes, generating trends big and small, all sorts of factors). Trend should be of, with the attendant; this trend to Er Bi trend, we should of, and then followed; no trend in view of this, on your hands.