Losers, if you fail nine times out of ten, it's not terrible, as long as you lose a little when you fail.

And the one time you succeed, the profit is maximized, and that's enough.

Jiulong fell into deep thought, he seemed to have everything in reverse, he lost more when he failed, and he earned less when he made profits.

The reason has finally been found, that is, if you want to win and are afraid of losing, you must be resolute in your stop loss, and you must set your stop loss lower, so that even if the direction is reversed, it doesn't matter.

When making a profit, you must control your hands, don't think about it, and gradually move up the take-profit point as the profit grows, so that you can maximize the profit.

If you want to make money in this market, you must first correct your mentality, losing money is a compulsory course, and success is not achieved overnight.

Kowloon understands that it will take at least three years to make a real profit in the high-risk, high-reward speculative market.

At the beginning of the trading stage, there is a profit and a loss, but the profit cannot cover the loss, and the total equity will occasionally hit a new low.

Then it will enter the stage of not making or losing, this period is difficult and long, after surviving the long stage of not losing and not earning, it is the stage of stable profit, if the understanding is not good, maybe no longer can get out.

Lao Tzu said: "I don't know the usual, I act recklessly, and I am fierce." ”

Everyone aspires to the maximum return with the lowest risk, but risk and return are bound to go hand in hand, and for heavy traders, risk can sometimes be a disaster.

Kowloon immediately remembered the painful lesson of the last overnight liquidation, and this experience made him realize the risks of holding positions overnight.

Benjamin Graham once said, "The pursuit of profit at the expense of security often outweighs the benefits in the end." ”

Traders must formulate corresponding risk prevention measures according to their own trading methods to reduce the losses caused by unforeseen emergencies.

Therefore, adjust the trading schedule, decisively give up overnight trading, even if there are occasional overnight orders, but also mark short-term domestic and foreign financial events in advance to prevent the emergence of unknown risks.

There is no sense of crisis that directly affects the income of the account, and the big losses are due to their luck and failure to stop the loss decisively.

Kowloon also learned a trick to attack with a heavy position!

This completely subverts Kowloon's investment philosophy, futures itself is a high-risk investment, how can you have a heavy position, 30% of your position is already frightened, in the end?

According to Huang Gong's description, as long as the market jumps two levels towards the opposite of the position, half of the position will be closed first, and then the position will be gradually reduced.

Once there is a reverse fluctuation in the heavy position transaction, it is necessary to cut the position decisively.

He uses a fixed amount of funds to do every time he opens a position, and as the profit increases, gradually increase the fixed amount of funds, and after increasing the amount of funds, if the transaction is not smooth, he will return to the amount of funds before the increase, re-trade for a period of time, and wait for the next time he is confident to try again.

"Heavy positions mean taking the risk of large fluctuations and large drawdowns. ”

In terms of risk management, Huang Gong advocates the combination of holding time and position, with heavy positions being short and light positions being extended depending on the situation.

He said: "Although I love heavy positions, but my love is not overflowing, successful trading is not a continuous victory, but a long-term profit, failure is commonplace, inevitable, do something else, ten years of grinding a sword should be a bit of an achievement, futures investment is not necessarily, it is a journey forward with a load, you must learn to be honest with yourself, and then selectively abandon, when there are continuous losses, you must learn to control yourself, when it is not smooth, you must learn to short positions, only look at the market, do not trade." ”

The formation of trading styles and habits can help to achieve long-term profits.

So what does it mean to have developed your own trading style?

Huang Gong said that some people may think that they mainly focus on medium and long-term operations and have good results, but in actual operation, the long-term is interspersed with a lot of intraday operations, and they can't resist the temptation of opportunities everywhere in the market, and they can't restrain themselves from participating in the intraday fluctuations.

"Long-term, short-term, subjective, programmatic," he said...... A variety of methods change back and forth, can not adhere to a trading method for a long time, which is not conducive to the formation of their own trading ideas in actual combat, even if it may be profitable for a while, but can not be maintained for a long time. ”

Focusing on one method can not only help investors to form their own investment ideas and trading strategies in countless actual battles, but also quickly find their own problems and correct them in time.

You must know that there is a give-and-take, and you can't chew it if you are greedy. ！

In a certain year, Huang Gong made a large profit through a certain variety of trading: "After a year, I also seized this wave of market, and other varieties did not touch much, and there was no shortage of opportunities in the futures market. ”

It should be noted that traders should continue to improve their trading methods in actual combat, and the investment method that is highly in line with the principle of compound interest can balance the balance of risk control and profits, and ensure the healthy operation of the entire trading system, but the premise is that it must conform to their actual situation.

He believes that the successful experience and methods of learning masters are sometimes indeed helpful to themselves, especially in the bottleneck period, maybe the point of others will make them open, but learning is not copying, but learning on the basis of absorption and transformation, only to find the right "shoes" for themselves, in order to go on comfortably, in order to finally obtain benefits.

"This is a tempting and dangerous game, and whoever can control their greed and limit losses to the greatest extent in this tug-of-war is the real winner. ”

Huang Gong believes that the key to obtaining sustained profits is usually two points: one is to learn to control oneself and wait for a position when things are not going well;

He said: "When the trend comes out, the list is the opposite, we must learn to cut the stop loss, overcome the delay, face the unfamiliar varieties of the big market, learn to refuse the temptation, control the impulse *** unexpected losses, execution is really very important, forcing yourself to short positions is also a manifestation of execution, heavy trading will be a big drawdown, whether it is cutting positions or wait-and-see, it is a torment for your heart." ”

However, a temporary disappointment and a period of trough will not be the end of success or failure, victory or defeat is a common thing, and one of the charms of the futures market is that there are infinite possibilities.

"As a risk appetite with heavy positions as the main trading mode, it seems that the profit is faster than ordinary people, but in the long run, only those who can control the risk can become the real 'longevity' of the futures market. ”

Huang Gong finally said.

Many of the things said in this book, Kowloon has a little understanding, but the heavy position can continue to make profits, which does cause Kowloon to think deeply, or try to see, maybe it is a road to success.

It's just that if others can succeed in doing this, can they do it themselves?

Jiulong is still a little hesitant, but if you don't enter the tiger's den, you can get the tiger, be cautious, it should be fine.

Thinking of this, he relaxed his mind, tried a certain variety first, and made it.