Category: Money tips Release Date: 2006-11-10
1. No matter from which futures varieties make a lot of money, in fact, have nothing to do, it is important that we do can earn. Even so, all of the financial futures together, we can not generate so much passion for people. Only soybean rose fell, only cause a temporary cessation of breathing feeling.
2. Regrettably, few of the rich to get rich, be able to turn in the market fell, while the decline is more severe than the original rally when the rapids Yongtui.
3. Few futures would need to be reminded the following two points: (1). If you are lucky enough to be good or trading technology skills were catch a certain trend in the head or the bottom of the market, and can cling to the trend of most of the time of the original position, but also can inhibit the loss of other positions, you will earn a lot of money. (2). If you are like (1) put it, made a lot of money. You will find time to spend a good meal amused.
4. In the futures market, you must have good planning and a detailed strategic plan, taking into account all of the emergency situation and in a practical and disciplined manner.
5. A detailed example of the strategic trading plan
The beginning of 1987, silver market, prepared a strategic plan.
At that time the goal is: either make a vote on the big or little on small to accompany. This plan covers the following will explain in detail the various levels, and each big move comes, you have that for every one of your great position to do such a plan.
At that time the trend is still down, long-term support may be between 5.00 to 5.50. When on the back pressure in the vicinity of 8.00. On the contrary the medium-term trend is sideways, it is estimated the recent fall in price futures closing weeks will be buying near the approach to the 5.00 support, 6.00,6.50,7.00 pressure in the vicinity.
The main trends in early 1983 to do so since the 14.00, the price falling to a deep (14.00-5.00), a considerable fall in the long-term bottom (down 4 years). But also in the consolidation would cause further delay, the market should eventually be up out of the area.
The main trend of decline in the medium-term trend is sideways to the softening of 5.00-5.50, they should have a view to buying support. Closing price of more than 6.50 should be turned to make medium-term trend, the closing price of more than 7.10, it should make the main trend turned on.
The key word here is "eventually" word. To estimate the market in the "where" will launch a very not easy; predict "when" will move, but also almost impossible. However, there are still so many transactions, including experienced professionals, but to where and when a big headache for the problem.
I would like to how to play in the silver market? At first, I had a premise, it is to accurately predict the future any time, silver or any other transaction where the price is almost impossible.
Trading strategy: framework for continuity of tactical actions of some columns, only the first stage performances, as I assume the script, I will enter to the next stage, this method can exchange to minimize the additional risks to control them in an acceptable extent.
The first step trading strategy: In the price falls to 5.00-5.50 support area, the tired, according to long silver positions is assumed that this support level to hold, and at this initial stage of operation, we can not guarantee that it will happen.
Step two: and other weeks when the closing price of more than 6.50, plus do buy silver.
Step Three: If the market continue to rally the script of this was moving forward and touched the weeks when the closing price of more than 7.10 second overweight.
