Category: Money tips Release Date: 2007-02-09
1. Dennis (Richard Dennis): the profits, the vast majority from 5% of the operation. He saw a good financial management and operational strategies, just like his painting is as important as graphics.
2. Bharuch (Baruch): put all the eggs in one basket inside, but must be carefully optimistic.
3. Dennis the key to success, one is able to control losses. Limit them within an acceptable level. Put all of your book a loss limit on your standard evening to fall asleep.
4. Must maintain a certain objective and pragmatic attitude, know when to reluctantly cut unfavorable positions. To decide when to end money-losing positions, the single basis for individual traders that the sustainability of long-term view of position to judge, is the most mindless way. Traders feel that there is profit potential in a certain position, or positions that have no hope, it should be abandoned, even after Qingdiao reverse operation, that there is no difference between the two.
5. A certain percentage of margin, decided to allow the risks of any position. Once the position has a good profit, then you will begin the technical means in accordance with a pre-move forward stop-loss point, this method also brings a strong theoretical basis for support.
6. His own stop-loss points are located far away from the vast majority of speculators, the so-called point beyond a reasonable graphics. Which we are all rushing established stop-loss point, and often become the target of attacks.
7. Moss (Robet Moss) operational strategy:
(1). So that the growth of profits on their own, do not worry about going equipped for profits, the concern is how to reduce losses to a minimum.
(2). Any operation, I refused to let the loss of more than 4% of invested capital.
(3). Operation, 5% to 8% profit, 10% did not earn, instead of losing, the other lost money.
(4). 5 days inside, usually earn two days, playing ping 2 days, a loss of a day.
(5). Trader must control the number of losses and the access.
8. The right: With great emphasis on discipline, along the main trend was to go, and strictly abide by the loss down to an affordable range. Error: going against the main trend of operations, and no serious damage occurred to limit adverse position. On the contrary, they are soon to close out profitable positions, rendering the snowballing losses.
9. Engaged in speculative operations, traders should have the intention of burning all the boats are willing to sacrifice the money-losing contrarian position, preservation advantage of the opportunity to make money operating positions. Hug and defend the loss-making positions, and there is no reason, to the same amount of money to make money is unspeakable and to increase the advantage of the opportunity to defend the position.
10. There are homeopathic store, you're in a dominant position. Offensive strategy should be taken to strike a big win. This case, you will hold fast to link, follow the main trends go, do not have to hurry to take profits earned petty profits.
11. If we have the contrarian position, you will on the defensive if they can get out, the loss does not occur, and that is just grateful. Insist on waiting for the trend reversal in your favor, so that you hit the jackpot, it is rather wishful thinking, too unreasonable. If you can open, non-money-loser, it would quickly pick up positions played.
12. Homeopathic chance to make money than wishful position, adverse circumstances, be more profitable opportunities for higher.
13. Tried a way, just go to the main trends are moving in the direction of the establishment of positions. However, intense market volatility, how can I sub-sub-Ru Yuan? Besides, you Jiancang, it may be along the trend of the times, until completed, only to find the trend has been reversed, this situation can be said that not uncommon. Encountered such a situation, the best practice is to exit open positions as quickly as possible to minimize losses.
14. However, there is a situation that is waiting for you open positions played, the market immediately back to the original trend shows that you move to open positions for the unwise. This situation naturally Jiaoren vomiting blood, but we might put it like this game as one of the risks, you can adapt to it and scholars.
15. Even if the exit too early, you still have a chance with a clear mind, and then waited for opportunities to enter the court, to find a more favorable opportunity. This opportunity to your advantage of the opportunity a favorable profit position, but also your mind and funds should be fully perfusion place.
16. Page (Satchel Paige): "Do not look back but look ahead some people may want to plot against you."
17. Optimistic about their own losses, profits will take care of themselves.
