Category: Money Tips Date: 2006-12-10
I finally believe that the macro-and micro-practice is indeed speculation can achieve almost perfect integration, rather than on the philosophical meaning and a high degree of integration. I know a friend of mine (also can be said to my teacher), he indeed is close to the deal a "no stroke win a measure" realm, which I was previously unthinkable. Because I greatly value the technical detail and micro-routines, that we often mention the so-called "trading system." Of his trading decisions through research, I found that really will be all the technical (traditional analysis techniques, indicator formulas, wave Gann, time period, the trend to follow) fusion as a whole is completely done, only to go through very painful thinking, refining, rethinking, and then refining the cycle, while most of us, in this smelting process, or because of our savvy enough, or because of our toughness is not sufficient, 99% of people are unable to speculation in the market and realize their sublimation and transmutation, this process, I think, called "Alchemy" is not enough if appropriate, I would prefer that she described as a "butterfly" process, and then a painful and arduous, but if the We insist on professional speculators as our ideal and professional, then we have to accomplish this can be very long change.
One of my insight is that after time, I will no longer be satisfied with my trading system, some technical details of the improvement and to explore, I have to devote more time to complete, there might even say "There is no meaning or a waste of time "thinking life experiences. This thinking is no longer an abstract realm of type or broad-brush style, this abstraction must be built on top of a lot of minutia than synthesizes a qualitative change in type raise. I do not know, I say this, we can be able to resonate. Once again, I felt weak language, but I know, I have to shadow the scalp, beyond exist in the language of the mystery, the completion of his life and career on the real breakthrough.
I have the difficult nature of such a breakthrough, complexity, uncertainty, already have sufficient understanding of the full and sober, and I know that I devoted all his life can not be completed entirely the possibility of such a breakthrough there. But I knew that my heart referred to in that direction, is beyond speculation, beyond the transaction, and even beyond the market, and almost near the Road of Life in that direction, regardless of whether the arrival of, at least, I have to adjust the direction of their own , targeting her, and then made my pace.
It is often said a word, in the futures market, discipline and attitude control of anything else. However, I have to bluntly pointed out, all the prerequisite is that you must have a perfect market-tested trading system, otherwise, there is the danger of empty words.
In my own practice, I have the final design and improve their own trading system, the mind naturally more stable, confident, and you are bound to use the most stringent system of discipline to follow your instructions to act signal, as against his will place your very unfavorable position. You and your trading system fully run-in and you can be sure that the success of your trading system, sensitive to cope with most of the changes in the market, you will find that making money through trading, in fact, is a relaxed, happy, natural, ripe things . Everything becomes harmonious, you will eventually stay away from, and bid farewell to a loss, this is my personal experience.
In fact, I have these experiences, for a friend entering the speculative trades, there is no use, or that are empty words. However, I am friends advice is that we must build for your own trading system, whether you're slapping the badly battered by the market, you have to stand up again, and then improve your system. Do not be afraid of complex and cumbersome, because it is your success, the only path away from losses, no other way. Discipline and mentality must be based on scientific and effective system on and, of course, such a system, he can be based on technical analysis, it can be based on fundamental analysis, or others such as the Book of Changes prediction technology. I still think that feeling is not permanent and reliable, the only objective of the system in order to ensure that you have an objective frame of mind.
Hong Kong's professional knowledge of a hand-Hang Seng Index futures, he survived in the index market has been nearly a decade. He mentioned that, when the Hang Seng Index with him to do, and some are diverted, and some went bankrupt, his knowledge with him into this market, and still survive in the market, he is the only one. Time, powerful forces beyond our imagination to see right in 2012, earnings in 2012 is not surprising. Only after experiencing a long period of washing, tempered, and eliminated, we can see that you really can be speculative. And his own design based on a mathematical model created on a computer trading system, until today, he was still improving and amendments. From his body, I saw a "professional trader" who are "professional" of the host. Compared with him, I am just a basketball fan, and he is already the NBA professional athlete in the gallop. I came back to do in the car when it is thought that the time integral and derivative action, in my body, had just appeared.
In fact, for every a professional trader, the heart will understand the importance of trading systems. I recently had an idea, and give their time spent more than five years of experience to establish their own trading system, sorting into text, look forward to the end to all of us the inspiration to build its own system.
The establishment of a genuine test of the maturity of the market are available through the consistency of the system, I think, certainly after two stages.
