Trap Entity Old L

The Turtle trading rule deals with breakthroughs. Breakthroughs are used as opening points and downward breakthroughs are used as selling points. Because breakthroughs are the basic means of trading, the main force likes to use breakthroughs to do things. A fast operation in the opposite direction is good for the main force. The trap used to attract you to build a position in the opposite direction, so the turtle trading rule sets the stop loss within a certain area, and uses a dynamic stop loss strategy, that is to say, the stop loss method that rises with the tide, and his stop loss is not a specific position , but it is based on the value of the moving average, including the management of funds, all based on this average line, which controls the risk and effectively manages the funds.
I don't like turtle stop loss and money management because my capital is small and if I open a position with turtle money management, I can't trade.
Small capital transactions can be aggressive to maximize profits in this market, but when it comes to large capital, aggressive transactions will make your hard-earned capital accumulation disappear overnight.
There is a profit of 20% or 30% a year in futures, which is very small, and I am too embarrassed to say it. Seeing that those big names can make 100% profit or even more in a month, you know how hard it is to do physical business , a 20% profit a year is quite good. In the futures market, however, it is believed that one must get rich quickly and make money quickly. Few people treat futures as a business, delusional to get rich, and use small things to make big gains.
If you compare futures with physical business, you will feel that the money earned in the futures market is much better than that of physical business. It does not require much physical effort. There is a certain method, with a profit of 230% every year, what else? bike. Even Li Ka-shing did not get rich overnight. He started from a small workshop, made steady profits, and gradually grew bigger. Adjust your mentality and invest 2 million in the same way. Why is it not so demanding in real business, and it is good to make money, but in the futures market, you must double the profit growth? Therefore, to treat futures as a business, the larger the capital, the more important it is to understand the importance of retaining capital. Futures trading is just an industry in the 360 industry. It is just a tool to make money, not so sacred. Buffett is the best example. You can experience the taste of stability in him. If he pursues double profits, maybe we will not know the name Buffett.
It took me a long time to summarize the true meaning of futures trading. After I read a lot of books, I didn't realize the correct trading method. I learned a lot, but I was even more confused! For futures, novices feel that there are opportunities everywhere, but for veterans, there are not many opportunities for futures trading. When you think that futures are actually very simple, you will find that there are very few trading opportunities! Maybe there is only one chance a year, of course, it has something to do with your capital.
Comrade Xiao x does not do very well in futures, but making friends from all over the world is quite quack. When I was on a business trip in Guangdong, I visited an old friend of Comrade Xiao x. Xiao x is much older, and it is a coincidence to tell their stories. Many of the stories about my futures experience are related to the car accident, so there is no coincidence.
In the heyday of his career, Xiao x was thinking of starting a 4S shop. He went to Guangdong for inspection, drove to an intersection, waited for pedestrians to pass, and pulled the handbrake. Suddenly, a person in front of the car fell to the ground. It’s time to touch the porcelain, get out of the car, Xiao X walked over to see what happened, in fact, for some reason, the man fell to the ground by himself, unconscious, many people saw it, and everyone surrounded him, although it was not Xiao X After bumping into someone, Xiao X sent him to the hospital when he woke up, and paid for the medical expenses in advance.
Later, the man was very grateful to Xiao x: Thank you so much, if it wasn't you, I don't know what would happen! We met by chance, and gained a friend from Guangdong. We keep in touch with each other often, and sometimes we meet from south to north.
I visited this man on behalf of Comrade Xiao X. Let’s call him Old L. Old L turned out to be an expert in futures and was extremely obsessed with futures. His only entertainment was studying futures. I learned a real lesson from Uncle L, grasping a main line to study futures! Then optimize on this main line to generate your own trading system.
To be able to apply what you have learned correctly and apply what you have learned to trading is just a matter of grasping the main line. The main line is a simple rule. First of all, you can sum up a simple rule, rush to the 20 moving average to do long, It is a simple rule, this is the main line, after determining the main line, and then applying all the things you have learned to this main line, you will not be able to use a hammer to the east and a hammer to the west, and if you continue to develop according to this main line, you will be established. own trading system.
Old L said to me: You are both friends of Xiao X and mine, so I will tell you. He demonstrated to me the operation of small funds. He used the time-sharing chart to buy a contract. I remember it seemed to be soybean meal. I didn’t see any signs of breakthrough. I was afraid that what he bought was a falling intermediate position. But what surprised me was that after he bought, the price did not fall, but rose, and then he sold it at a profit on the same day, and he told me that such an operation opportunity was basically no more than twice a day. In fact, what he operated was If the daily chart fluctuates, buy on the lower track, and sell on the upper track if it does not break through the upper track. Don't imitate this kind of operation!
Also, after breaking through 60 several times without success, go long when breaking through again, and follow the trend to make a small market.