Category: Money tips Release Date: 2007-03-10
- Investment Master Bruce Johnson Interview
As early as 1965, Bruce Johnson began to come into contact with the futures market, futures exchanges in Chicago when he served as member price. In 1969, after graduating from law school, he was elected as a futures commission business - Perks Investment Company (Packers Trading Co.) Person in charge. For so many years later, Bruce became a recognized futures market analysts and investment guru.
Q: What are the factors initially attract you into the futures market?
Bruce: In 1965, I started law school at the same time, part-time in the Franklin Exchange to work on the streets. I was a member of a bid to experience the lives of those investors. After graduating from law school, I think they would be in as good a trader, so he created such an idea: Before participating in legal work, why not try chopper in the futures market is too small?
Q: Initially you try to trade incentives What is the motive? Money or other factors?
Bruce: transaction is just a game, I am inclined to such a view: it provides the opportunity to compete with others. I remember Tuonimengte Lander is often used as such a phrase, - "Money is just a marker," a deep impact on me this statement.
Q: Do you think the success of a futures investor What conditions are required? Excellent investors personality What are the characteristics?
Bruce: I have observed all around knowledge of the investors who backgrounds. You look at John Greenberg, George Segal, Leaude Arnold and Baobolufen Nath, their money and know it very light, it is their similarities. For example Baobolufen Nath, I have worked with him several years, saw him several times in the futures market ups and downs. Loss of time, he did not care about, money has never put pressure on him. In fact, everyone wants to "If I earned 100 million U.S. dollars, immediately to withdraw the body," but have such a mentality will never earn one million U.S. dollars, because the real money investors concerned about the little heart.
Q: This idea is how it formed?
Bruce: I just think that masters do not just deal for the money, but to future as games and challenges. Money is just a mark, if you look at the book on a daily inventory of capital gains and losses, I think the situation would be completely different. But for them, the money just a few figures. They do deals just because I like this game.
Q: If investors overly concerned about money, and you think that would divert energy to do their investment?
Bruce: I personally think that is the case. If every transaction, psychological always muttering, "I have to earn so many money", it is difficult to operate deal. I myself have had such an experience, so understand it. Transaction time, if you shoulder the burden, as if an urgent need for money, and must work hard to earn, you can hardly wish fulfilled. On the contrary, when you do not need money, the market sent the money but will give you! I believe this is the psychological world and investors related to the pressure when you start trading heavily, trying to find the path to success, then you simply can not succeed.
Q: Do not know if I have understood correctly, as you said, the concept of masters of money on a neglected, meaning that attention is not only in money. And now you have done so, is bent on focusing on transactions, and even do not consider the book profit and loss, but is now in the market do a good job.
Bruce: Yes. Masters are always short of money was considered a little, or that they are the spirit of a free man. We have all seen Gill in the bond market's performance, motivating him to do transactions, and certainly not money. A person to do transactions in the market, my thinking is not money, not for the money to trade, sounds illogical, but that is true.
Q: Do you think the psychological obstacles to success in futures trading what? You have mentioned some, such as too much psychological pressure on people, excessive desire for money hungry, you think that there are factors which prevent people from success?
Bruce: I think the most important factor is the psychological structure, as hard to change our nature. I think the majority of investors are to adapt to a certain lifestyle, they are only suitable for that kind of life too. I think you must feel comfortable with their conscience, not embarrassed himself, there is no need for its own preoccupations, such as the need to earn 20,000 U.S. dollars per month to cover any deposit or other debt, not to let the back of heavy psychological burden, which is太重要了?/span> Another point is that you must accept the market, and strive to live in harmony with it, from the messy affairs of the shadows from out of the market maintain a clear understanding.
