Trader must have three qualities Money Tips

Category: Money tips Release Date: 2006-04-10

Integrated a number of successful investment in the West, Master of experience and my experience, I believe that a successful Futures Trader should have three important qualities:

First, a good understanding of the market savvy ---.

Unpredictable market trends, and no one will provide you with an effective method of analysis, everything can only rely on my own conclusion. Without a good comprehension, it is difficult for the internal market rules have a more objective and comprehensive knowledge, but also to talk about He summed up the analysis of a unique set of effective methods?

Secondly, a good state of mind that the normal state of mind --- understand ourselves.

"Not be conceited, defeat is not hungry." Successful trader In any case, you should keep a clear mind in order to maintain the objective of market awareness, can continue to strictly implement their own trading scheme. A successful trader can be easy to trade, and enjoy the fun of trading, making money is just a happy by-product of transactions only.

Third, the strict self-discipline is to coordinate and market their own bonds. Futures market, always filled with all kinds of temptation, human nature also has a variety of weaknesses, only with a strict self-discipline, in order to resist the temptation of the market in order to overcome the weaknesses of human nature. The saying goes that well, "plan your trade, trade your plan." Deal that many investors are not important reasons for the failure of the analysis of errors, but his deal has no plans, or have planned, but did not strictly implemented from beginning to end.

All along, the outside world there is always a misconception: Successful Futures Trader are those that have a high degree of prestigious universities in the top students, the transaction must be racking their brains to make a profit. In fact, the Futures Trader is by no means academic research. United States 100 years of futures history, a lot of facts to prove: we are subject to the formal education actually hinder our transaction capabilities. Because the financial markets do not exist, such as Physics and Mathematics, like the truth, the transaction component of art far more than science. When the Futures Trader to develop a decision-making, he can never be fully aware of the decision-making behind the argument noted in each. Market, the objective laws of its own inherent formal school education should be given too much of our abstract theory and the fixed pattern of human behavior, how can we understand the market's chaotic behavior? Therefore, I think: as long as the above have three important qualities, we can grow into a very successful Futures Trader, and his education, he has no direct relationship between high and low.

Is easy to say, but to truly meet the above three points are very difficult, every point must be tempered in the market in order to have acquired through. From an objective terms, the master of the West's investment will generally take 7-10 years of entry-phase, that is, a person must be based on personal experience of the identity of traders experienced a large level of CBBC alternating cycle, in order to grow into a successful trader! China's securities and futures market is only just 10 years old, while the futures market due to reasons known to all, from 1996 to date are in a downturn period, a large number of outstanding futures talent drain has always been obsessed to be able to stay in the futures market will be doing the research a few do? The Ebb Tide has gone through years and there after can be left behind and even fewer are obtained. The Futures Elite will be China's futures market, a valuable talent, with the accession to WTO, China's gradual opening of the futures market, their value will be realized.

The author believes that a company's core competitiveness of high and low, more reflected in the company's research capabilities as well as the manipulator capabilities. Imagine because it could not provide a more accurate analysis and forecast of the stock market, the company's customers often large-scale losses, their competitive edge, what is it? After the company's self-integrated class futures business, trust management, etc., if there is no good Trader, the business simply can not carry out. In the stock market usually have such a law: "will say it will not do, will do not say that." Thus, the success of Trader which is often not known. For those who want big investment company, how to find and use these people as soon as possible, a priority.