What basic qualities do you need to be a qualified trader and how to cultivate them?

125 proverbs of trading and successful risk management

1. Make a plan for your transaction; Execute the transaction according to your plan.

Hope and fear are the two biggest enemies of speculators.

3. Record your trading results.

No matter how much you lose, keep a positive attitude.

Don't be overconfident-it will become your biggest enemy.

6. Constantly set higher trading targets.

7. Setting a stop loss is the key to the success of many traders-limit your losses!

8. The most successful traders are those who do long-term trading.

9. Successful traders buy when there is bad news and sell when there is good news.

10. Successful traders are not afraid to buy at a high level and sell at a low level.

1 1. Successful traders effectively plan their time for market research.

12. Successful traders set profit targets for each transaction.

13. Don't ask for opinions everywhere before entering the transaction-facts are of infinite value and opinions are worthless. In short,

Successful traders are not influenced by other people's opinions.

14. Constantly strive for patience, perseverance, determination and rational behavior.

15. Never quit the market because you lose patience, and never enter the market because you can't wait.

16. Don't go in and out of the market too often.

17. The best way to make a profit is to follow suit.

18. Don't change your position in the market unless there is a good reason. Every time you make a deal, you have to have a basis.

Reasons or clear plans; After that, don't quit unless there are obvious signs of trend change.

19. You can't make money if you lose money, but you can make speculators study it carefully. Seize every loss opportunity and improve the understanding of market behavior.

I see.

The most difficult task in speculation is not to predict, but to control. A successful transaction is a difficult and annoying transaction.

. You are the most important factor in the success equation.

2 1. The basic element of price change is human emotion. Panic, fear, greed, insecurity, worry, stress and hesitation

Uncertainty, these are the main sources of short-term price changes.

22. Usually, when the market is at the top, most people are watching in unison; Professional bottom, few people hold.

Bull market view.

23. Pay attention to the empty set. In other words, if the deficit is decreasing, don't look too much.

Remember, a month's bear market will make you lose what you got in a three-month bull market.

25. Find the "decisive factor" in each commodity futures. As the situation changes, prepare to re-determine one.

Factors.

26. Expand your market information sources; Limit your sources of market views.

27. Never let a big win turn into a loser. If the market drops your profit by 20% from the peak,

Stop loss from the market.

28. No one can know everything. Trading in futures is always dangerous.

29. A successful transaction requires four elements: knowledge, courage under proper control, money and a proper combination of the three.

The energy together.

30. Anticipate the loss and accept it generously. Those who are bitter about the loss always miss the next opportunity.

Yes, and the next opportunity is likely to be a profitable one.

3 1. In Qian Shengqian, a fundamental element of raising money with money is to do things in an orderly way.

32. If you don't advance, you will fall back. It is important that once you achieve a trading goal, you should immediately set a new goal.

33. The art of concentration can help you become a good trader. In other words, set aside time to be careful.

Think, plan, think, investigate, research, analyze, measure and choose your transaction.

Divide your profit into two parts, and never take more than 50% of your profit to risk the market.

35. The key to successful trading is to know yourself and your ability to withstand pressure.

36. The real difference between winners and losers is not so much natural ability as the performance of avoiding mistakes.

Well trained.

37. The biggest mistake of futures traders is to pin everything on hope. Never replace facts with hope.

The loss of self-confidence is the biggest loss.

38. You can't stay still and perform well for a long time. Trading is like fencing. Be quick or be defeated by the sword.

I remember Mark Twain said, "Only 10% people think, 10% people think they think, and the rest."

Eighty percent of people would rather die than think. "

40. Experts in futures trading don't do whatever they want. He trained himself to know how to make the right choice between two freedoms.

Choice: freedom to do whatever you want, freedom to do whatever you want.

4 1. Because there are always unexpected possibilities in a narrow and stagnant market, it should be better in such a market than in a wide market.

In the sports market, invest less capital to take risks.

42. Control the risk of each transaction within 10%. Keep the total risk of all positions to a minimum.

Not more than 25% of the transaction capital (risk = percentage of available capital). Count this every day, at

Add profit to position trading, subtract loss, and then combine this figure with your trading funds.

If you know and understand a market, you don't need a lot of money to trade. Sao Paulo said, "I am weak.

Strong. "

44. Words may be silver, but "silence is golden". Traders in alchemy seldom talk.

45. Common trading mistakes include: a. Transactions with insufficient reasons; B. transactions based on more hopes than facts; C, and

A disproportionate over-trading of capital.

46. "I like the bearish side of the market because there are usually fewer people here." Crowding is usually wrong, it is usually

It's watching more.

47. A fatal mistake in novice trading is to make a small profit. This is the result of short-sightedness-the so-called

It is always foolish for a wise man to go to extremes.

48. Only when you make a valuation based on fundamental analysis, confirm it with chart behavior, and plan to enter and exit.

Time, only when these add up to provide you with sufficient reasons, then do the transaction.

49. Believe that "big is not impossible"-once big happens, you won't be in a hurry. Let the comprehensive forces do their own thing.

Have a good rest mentally and physically, and finally let your profits roll in and quickly cut off your losses.

50. Dare to dream and imagine. Few people set their goals too high. What a person is thinking from morning till night, he finally

What it will become.

5 1. Futures trading is an art, taking fear as the greatest evil and giving up as the greatest mistake. this is a

People regard accepting failure as the art of taking a step towards victory.

52. Have you ever lost? Forget it as soon as possible. If you win, forget it. Don't let ego and greed get in the way.

Clear thinking and hard work.

53. Identifying a bull market has the following characteristics:

A. from a fundamental point of view, there is a bull market.

B. Professionals are reluctant to buy

Spot and futures are upside down or have only a small holding fee.

D. commercial interests are either cautious or bullish.

54. Always remember that the climate market is changeable, and the price changes sharply, which is extremely difficult to grasp. The weather forecast for the next few days outside

This report is unreliable.

Nobody can change what happened yesterday. When one door closes, another door opens. Walk through the open door.

I hope to find a bigger opportunity.

56. For traders, the deepest secret is to give up their will and yield to the will of the market. The market is the truth, it

Reflect all the power it carries. As long as the trader realizes this, he is safe. When he ignores this,

He will fail at eight o'clock.

57. Something is happening somewhere that will make you rich.

58. Beware of "fool's disease" (that is, waiting for the transaction that you 100% are sure will be profitable). You'd better not let yourself

I believe you can be 100% sure of anything.

59. The well-known basic principles are useless basic principles.

60. Major trends rarely change direction unless the market goes against the trend for three consecutive days.

6 1. If the market doesn't do what you think it should do, you are tired of waiting, and you'd better quit the market.

62. When trading large positions, keep a cool head.

63. If the graph is weak and the development of fundamentals is not as good as you expected, reassess your position in the market.

64. The most important thing is to be mentally prepared for the grim scene of every trading day, from the time you get up every morning to the time you arrive.

Go back to bed at night.

65. Try your best to stay at the top of the market where you trade.

66. Believe that the market is stronger than you. Don't try to fight the market.

67. Be wary of big positions that will control your mood swings, that is, don't be too radical in the market. rather than

Instead of fighting violence with violence, it is better to take your time and accumulate assets slowly and steadily.

68. Capital preservation is as important as capital appreciation.

69. If the market has started and you miss the first bonfire, you might as well still consider intervening halfway, even if it is.

Dangerous and difficult.

70. When trading, try to understand the key factors that drive the market. In other words, the harder you work, the luckier you will be.

7 1. Remember, instead of trading constantly, it is better to trade a few fewer lots each year (and sell them for profit).

72. Set a goal for every transaction you make and take action when you reach it. Don't be greedy!

Remember, politics is more important than economy for many commodities.

74. Don't overweight the loss position.

75. Be careful when choosing the bottom and top.

76. If you want to know how much money you can lose, think about the risk-return ratio before trading. Try your best to make triple profits.

Possible losses.

77. If it seems that many bulls are buying, you need to be vigilant.

If you are ahead in the market, all the news is too good to be true, and you'd better take back your profits.

Get out of town.

79. News always follows the market.

80. There is only one market, not a bull market or a bear market, but the right market.

8 1. If someone wants to survive in this game, he must believe in himself and his own judgment.

82. Big waves wash sand and create a lot of wealth for you. "It has never been my prayer that brought me a lot of wealth. All the time.

Because I sit still. "It is rare to be both correct and not serious. The market can't beat them, can't beat them.

It is themselves. You must have strong courage, wisdom and patience to sit still.

83. The most worrying way to buy is to buy in a rising market. Buy high and sell low.

84. There is no time when goods are too high to buy or too low to sell. However, after the initial change of hands,

Don't do second-hand unless you profit from the first-hand transaction.

85. You know, a lot of money comes from big waves. No matter how big the waves seem to be, its initial agitation, the fact

However, no matter who confronts it, the big waves will inevitably rush to push it according to the speed determined by the force that pushes it.

Its power determines the distance.

86. In the long run, determine commodity prices.

87. When I accepted a loss-making transaction, I stopped worrying about it. I forgot it after a night. But if I do,

If I don't get it right, I won't accept the fact that I lost, which is harmful to bookkeeping and mind.

Studying your mistakes will bring you benefits.

89. Of all the stupid mistakes made for speculation, few are more stupid than selling those who will make money and buying those who will lose money.

90. Futures trading is nothing new! The game has not changed; Human nature has not changed.

9 1. In a bear market, once the morale of the audience suddenly drops, you'd better close your position as soon as possible.

92. The principle of successful futures speculation is based on the assumption that people will repeat their past mistakes in the future.

Mistake.

93. In the bull market, especially at the peak, the public won money at first, but later they lost all because they stayed in the bull market for too long.

Go home.

94. The bull market needs to be fed every day; The bear market only needs to be fed once a week.

95. Don't underestimate how long it takes to clean a bull market.

96. Don't buy on the first rebound, and don't sell on the first decline.

97. It's best to remember that what you are interested in is not the news itself, but the market's reaction to the new news.

98. Don't sprinkle sesame seeds on several commodities. Distributing too much will reduce the amount you can speculate. Besides, there are too many things to look after.

99. Don't charge at high places or low places. Let the market tell you what a new high or a new low is.

100. Stick to your point of view. Trees can't grow as high as the sky, and their value will not drop to zero. Loans are not necessarily

The bottom of the price. The sales price of CCC is not necessarily the top of the price.

10 1. "If you enter the market according to Zhang San's gossip, then go out according to Zhang San's gossip." such as

If you rely on other people's ideas, follow them to the end.

102. Run early or don't run. Don't be a cow at 1 1 and don't be a bear at 5.

103. Woodrow? Wilson said: "The primary task of a government is to organize the interests of * * * against the special.

Interests. In reality, the government's primary task is rarely really realized. Successful traders look for market opportunities.

It is based on this reality.

104. The ultimate fate of people who believe in newspaper headlines is to sell newspapers.

105. If you don't know yourself, the market is an expensive place to find yourself.

106. Don't give advice to others-smart people don't need it, and fools won't listen to you.

107. Ignore all forecasts. The world of money is a world outlined by human behavior. In the world of money, there is no

A person will have a little idea about the future. No one remembers this word. Therefore, successful traders will not put themselves

A person's actions are based on what should happen, not on what has happened.

108. Worry is not a symptom, but a sign of health. If you are not worried, it means that you are not taking enough risks.

109. Get into the habit of cashing in profits in advance, except under special circumstances. Don't torture yourself, even if you go out.

After that deal came, it still won money. This situation will probably not last long. Even if this situation continues, think about it.

Think of all the occasions when you avoided losing your profits by closing your position in advance.

1 10. Once the ship starts to sink, don't pray-jump!

1 1 1. Life is never a straight line. Every adult knows this. However, when we look at the chart,

It's too easy to be led to forget this. Beware of the illusion created by the chart analyst.

1 12. Optimism means expecting the best results. Confidence means knowing that once the worst happens, you will

How to deal with it. If you are just optimistic, don't act rashly.

1 13. No matter what you do, whether it is downstream or upstream, you must first think independently about what you want to do.

1 14. Re-measure your position repeatedly. Keep asking yourself: if this is the first time I saw it today, I?

Will you put money into it? Is this transaction going in the direction I imagined?

1 15. It can be said that compared with the huge amount of money lost by those who let their investments "drift", (short-term,

) speculative losses or a small amount. Long-term investors often stay after entering the transaction and eventually lose all.

Put it down. In this sense, they are the biggest gamblers. Wise traders reduce losses by taking timely actions.

In the smallest range.

1 16. Practical experience has proved that a credible market trend curve should touch the previous peak or valley at least three times.

The more contact points a curve can grasp, the more credible it is.

1 17. For technical analysis, the transaction volume is as important as the position and the price.

1 18. The clearest and simplest way to determine the market trend is based on the old highs and lows. Higher than the old high-low sign

The upward trend, lower than the old high and the old low marks the downward trend.

Don't sell in a calm market that has just fallen. Because the decline in the low-flow market is actually a very good look.

A lot of things.

120. Prices are set in people's minds, not in soybean fields. Fear and greed can turn prices

The case was temporarily pushed away from the so-called actual price.

12 1. When the market crosses a week or month high, this is a buy signal. When it passes the previous week or the previous month.

When it is low, it is a signal to sell.

122. Without charts, there would be no sunken ship.

123. Take a break during the transaction. Taking a break can give you a different perspective.

The market makes you re-examine yourself and the trading methods you want to use in the next few weeks.

124. Let the marrow of every bone permeate a set of trading rules that are useful to you.

125. The last stage of the bull market is the accelerated race near the top. At this stage, the market always makes you look good.

I think you underestimate the potential bull market. When the profit swells to such an extent that you believe that your account can cope with any setbacks, continue to accumulate.

The temptation of your position pyramid is powerful. At this critical moment, it is very important to take out your profits from your pyramid.

Reduce your position to the grass-roots level. Subsequently, when this movement obviously ended, the basic position was also closed.