Episode 138 Ghost Secrets
"I'm already attentive enough to not do futures when I play with stones, and I don't want to do stones when I do futures. ”
Kowloon pleaded.
"You really don't understand what I mean by focus?"
Yun Shui Yu has some hatred for the appearance that iron is not made of steel.
"Well, I'll concentrate a little bit during this time, and I won't think about the stones. ”
Jiulong had to deal with it first, and then said, if this stone is not played, he will not play, and now when he plays, he is fascinated, and it is difficult for him to withdraw.
The other party didn't seem to believe that he could do it, and recommended him a book written by an anonymous person, called "The Gift of the Ghost", telling Kowloon to study hard and experience it carefully, so that he could pass the futures level.
This is the first time Kowloon has heard of it, so he asked Yun Shui Yu where to buy it, and the other party told him that he didn't need to buy it, she gave it to him.
Jiulong was excited, the books collected by Yun Shui Yu should be a good thing, he couldn't wait to get it, and on the third day, sure enough, the postal express was delivered.
When Kowloon called to thank him, Yun Shui Yu also emphasized that less than 1% of the book can really be understood and used.
Therefore, I hope he can cherish it.
Isn't that an exaggeration? Kowloon didn't believe in this evil, and he opened the book.
I'm the shadow behind your success—this phrase pops up all of a sudden, is he really a ghost?
Over the past 30 years, I have been asked for some trading tips, and I have been constantly offering my experience to them.
But I didn't want to be the center of attention, I didn't want my name to be recited by housewives, and I didn't want to face people who were crying all day long about their little gains and losses.
I want to help people who are struggling with trading, those who need trading expertise.
Most traders believe that the most important success factor is knowledge.
But I've found in my trading career that the most important thing in a successful trader is the right knowledge, coupled with the ability to change behavior.
Without a change in behavior, the right knowledge can lead to incorrect trade execution, which can miss out on a successful trade.
I have summarized my trading knowledge and behavioral changes over the past 30 years into three trading rules that represent my ability to change my thinking and behavior.
These three rules are a must for successful trading.
At the urging of an old friend of mine, I would like to share these three principles with you here.
Arthur and I are not experts in writing, we are both traders, and our desire is to present the necessary elements of trading to everyone.
But the process has to be done according to my principles, that is, it is up to me to decide how to present the content.
We agreed that I could keep my privacy.
I contribute my wisdom in trading, but my name will not appear here.
You could call me a "ghost in the trading world."
Your success is in your own hands.
I'm just a ghost, I'm the shadow behind your trading success.
This is my only wish.
Seeing the word ghost, Jiulong thought of the ballad of Yunshui, she did the same thing as this ghost, if she can succeed, she must thank her well.
Let's take a look at what the book is about.
With 30 years of trading experience, with the sincerity of all people, mysterious ghosts appear on the Internet, free public trading secrets, and the road to success leads us to the same industry.
Preparing for the Trade: The Master's Ingenuity
A quiet office, a good chair, a clock, a pre-dinner exercise, meditative self-reflection, a favorite book, and someone you revere the most...... Can you think of this? This is how the master prepares before trading.
This trick can really be learned.
Rule 1: Only hold the correct positions
The master gave us an epiphany: don't wait for a loss to clear an incorrect position immediately – never wait for the market to remind you that you've made a mistake.
Rule 2: Correct increase in size to make a profit
There is only one way to get a shortcut to huge profits. You must follow Rule 2: increase your profitable positions without exception and correctly.
Rule One Plus Two: Demonstration in Combat
The two rules of victory are deafening, but they are simple and easy to implement.
The ghost lists practical examples, guides the whole process, and fully exposes the secrets of short-term trading.
These trading rules are basically clear, and sometimes they are not so resolutely enforced, and it seems that they are wrong.
Day Trading: Rules make short-term masters
Rule 1 strengthens physical defense, Rule 2 breaks iron and melts gold. Fierce battle on the day of trading, the achievement of short-term masters, the only way to integrate the rules.
A snort: Change your behavior
If you trade according to the natural nature of human beings, you will inevitably lose to the end of the blood.
After clarifying the rules of trading, you must learn to change your behavior habits, which is a ghost drink.
Behavior habits are exactly what I have been changing.
Play with me: Relaxation is the key to creativity
Optimistic and confident can laugh at the danger of trading.
The ghost is childlike and offers a trading game that tells us that if you want to be a good trader, you must relax and regain your creativity.
With the relaxation method, it is really fresh, and I was really nervous before.
Strike like electricity: Fight against emotions in trading
If your ears are hot and your heart is beating and you are restless because of the position in your hand, then the ghost's admonition is to liquidate your position immediately as soon as possible - professional experts elaborate on strategies to combat your emotions in trading.
The last big overnight loss was made by his own hesitation, and Jiulong learned a trick, the word "fast".
Turning defeat into victory: regaining confidence after a heavy blow
Trading is a loser's game, and the master and we face the same probability of failure.
How did he start over and grow in confidence?
You are wrong! The market is not always right
It has become an axiom that the market is always right.
But the ghost says we're wrong! A market with very little volume can be wrong, and the wrong market will lead to more profit opportunities.
In the future, you really need to pay attention, what you see is not necessarily the real thing.
Rule 3: A large amount is a good opportunity to cash out
When is it necessary to place a large amount of money and all positions are cleared within three days! The ghost and the traders have summed up rule three.
Seize the moment and reap the benefits.
This trick is so practical, Kowloon admires!
Coping with the Unexpected: Reflections on Trading and Plane Crashes
Does the failed deal have anything to do with the John Denver plane crash? The ghost has found a commonality: If you're prepared enough for the unexpected, it's like a malfunctioning plane that's high enough to get out of trouble.
The first trading plan: the foreshadowing of the application of the rules
Without a trading plan, no matter how good the rules are, they can't be enforced.
How do you make a perfect trading plan for yourself? The ghost has not forgotten to make up for this important link.
I was really too casual before, and I had to change.
Trade Execution: The essentials of smart ordering
The last lesson of the ghost: how to achieve the unity of knowledge and action when placing an order?
This article is only seventeen chapters, but the content in each chapter, but has to make Kowloon admire, just those three rules, enough for Kowloon to digest for more than half a year, this is the real secret of playing futures, read it, I believe that my future road will be wider and wider.
Jiulong is grateful to Yun Shui Ballad in his heart, this book is so timely, don't do anything now, study every chapter thoroughly.
In particular, as mentioned in Chapter 9, changing your behavior and habits is the weakness of Kowloon.