Category: Money Tips Date: 2006-11-04
Among futures trading in all, a successful no more than 25%. However, some people in the futures on the accumulated profits of more than millions of dollars, why do they so different? Followed by those millionaires trading rules, some are every trader knows, but some of it and generally think the opposite. "The most important success factor, which is not to use a set of rules, but because of your self-discipline martial arts."
72 of the miscellaneous and the successful traders were divided into four: the concept of articles, signal chapter, the sale of articles, self-discipline articles, aiming to add you to the victory over futures trading.
1. Only you can afford to lose money:
If the family income in the capital to invest in futures commodities, it is doomed to failure, because of this, you will not be able to use comfortably on the freedom of mind to make sound trading decisions. Commodities futures trading, one key to success is the attitude of independence; In other words: "the sale of the decision must be free of domestic money Peidiao influenced by fear."
2. Know yourself:
You must have a calm and objective temperament, the ability to control their emotions, and hold a sale and purchase agreement will not sleep. While this skill can be trained, but successful commodity trading seem to have always been able to feel comfortable in the transaction in progress. "In the futures commodity market, every day there are many exciting, things happen, so you must have a decisive mind and ability to cope with short-term market conditions, otherwise you will in just a few minutes, several times to change the the direction of your mind and contracts. "
3. Funds do not invest more than 1 / 3:
The best method is to keep your trading funds often three times the margin required to hold the contract. In order to follow this rule, if necessary, to reduce the number of contracts I might be. This rule can help you avoid using all of the transactions to determine the sale of funds, sometimes forced into early unwinding, but you will thus avoid the big lose.
4. Transactions do not judge based on hope: the
Do not too eager to make progress immediately, or you want to buy or sell based on. Successful transactions can be protected from emotional impact. "While other areas of life, hope is a virtue, but in futures trading in commodities, it will become a real obstacle." The market will look forward to a novice transformed into his favor, they tend to violate the basic trading rules.
5. Have proper rest:
Trading day, will judgment passivation. Take a break, you will market a more detached view; it will also help you to take another look at his state of mind as well as the next target, so that you have a better field of vision to observe the market factors.
6. To make money contracts are not easily liquidated to make profits continued:
Will make money selling the contract may result in the failure of commodity investment in one of the reasons. "As long as profits are made, would not go bankrupt," the slogan will not apply to commodities. The reason is: If you can not allow profits to continue to breed, then your losses will exceed the profits of your crush. Successful traders said that there is profit, not only for open positions; to knot out a lucrative contract, you must have a reason.
7. Learn to love loss:
"Learn to love lost, because it is a part of the business. If you can calmly accept the loss, and do not hurt your vitality, that you are walking on the road leading to the success of commodity investments." In you become a Prior to the sale of players, you are advised to remove the fear of loss.
8. To avoid market access:
Successful traders that, according to market the sale of a lack of self-discipline martial arts performance, unless it is only used to market the sale of open positions, or "You should move towards a single market as far as possible the objectives do not have to go.
9. Trading market, the most active contract month:
In active trading month of doing business, make transactions easier.
10. Have a good chance of winning re-entering:
You should look for the kind of "loss may be small, profit may be great" opportunity. For example, when the price of a futures close to its recent historic low point, then it bounce up the possibility may be greater than its downside.
