A successful trader is inseparable from a successful transaction system. A complete daily transaction system should include the following elements:
1. Warehouse opening method.
Intraday transactions are short in time and quick in effect. Therefore, warehouse opening is very different from trend trading. It is better to use the inverted pyramid encryption method and the average encryption method for trend trading, in principle, the try warehouse method and one warehouse creation method should be adopted for intra-day operations.
The "Try warehouse method" is applicable to operations with low signal accuracy (less than 90%). First, use a 5% position to test. If the stop loss position remains intact for a period of time, the basic trend shows no signs of being broken, in addition, when the price is still in the cost zone, you can add a warehouse on the basis of risk evaluation. This method can effectively avoid the large losses caused by incorrect disk reading, and basically achieve stable profit.
The "one-time warehouse creation method" requires the operator to have a very high disk watching capability. Basically, it is necessary to make no mistakes. Note that here we are talking about no mistakes, not operations. On this basis, after a short period of time to build a warehouse in place, the best place for this warehouse creation method lies in the simple thinking, do not want to add code.
Both of the above methods require fast and accurate warehouse creation, so you don't need to talk about it as soon as possible. Traders who develop horizontally to the advanced stage may often feel that sometimes their thinking is slow for one second, good chips will be stolen by others, because there are many high-level traders in the market, and many people will keep an eye on the order at a certain price. As for accuracy, it is related to the signal accuracy. If the accuracy is 100%, the operator must control the cost within the stop-loss range, this requires strong expectation and judgment on the signal formation process.
2. Signal.
The emergence of signals that conform to the operational principles is the basis for placing orders. People who do the technology know what the signals are, and some people can improve the signal accuracy to a very high level. Therefore, we will not elaborate too much here, but one thing to note is that beginners
First, you should learn a signal, which is characterized by a high frequency and relatively easy to grasp. Other signals should be learned slowly after the signal is familiar.
3. Stop Loss.
This is a life-saving element in the transaction system, but many people have understood the stop loss too easily. They think that as long as the stop loss is strictly enforced, the risk will be minimized, Which is one-sided, successful stop loss points not only help traders reduce risks, but also help them seize their own quotations. Good stop loss points are inseparable from the following factors:
A. accurate signal. The stop loss point of each signal is different. Some signals can be set at four or five points, while some have to be set at seven or eight points. However, some special signals can reach more than ten points, all these require the operator to have a deep understanding of the operating varieties to be foolproof.
B. Avoid frequent operations. Even a good stop loss cannot be used once and again in a short period of time. Otherwise, a small loss will quickly become a huge loss. Therefore, traders must know the number of operations that can be performed every day, A good operation plan should never be changed easily. Successful traders usually place orders in one direction and make profits. However, in some cases, there will also be a good transaction opportunity in the opposite direction, this also requires traders to have a deep understanding of the variety of transactions.
C. Transition point.
Generally, if the stop loss point of a signal is five, it is better to set the position to the fourth and sixth points during the operation, because 2/3 of the market won't reach any five points at all, the profits will soon appear after the order is placed, but some signals are not obvious or the cost zone is too large, at this time, it is likely to be very close to the stop loss point. When the transaction volume is relatively large (for example, thousands of hands), the traders need to set up a transition point and gradually retreat to reduce risks. This also has another advantage. To a certain extent, many people have to make a bet at the stop-loss point.
4. Take profit.
There is a saying that it is easy to accept. This is the factor that brings profit in the trading system. Like stop loss, different signals have different profit points. Some rely on the moving average and some on the position, there are also indicators that can usually be used to seize the ideal market condition, but like stop loss, the strategy of gradual withdrawal must also be adopted, this is the biggest difference from trend operations. The principle of intra-day operations is that the smaller the last position, the more stable the profit can be achieved without the threat of the principal, in order to avoid the loss of profits due to greed and high scalability.
5. Operation direction.
This is the most important part of the transaction system. Incorrect operation direction can cause disastrous consequences. In terms of both wealth and transaction psychology, the Operation direction should be combined with its own operation style, some people prefer to operate within one hour after the opening, because one hour after the opening is the most active trading time, but it is best for traders to determine the operation direction one day in advance or within 10 minutes after the opening. Note that the Operation direction is the operation direction, rather than the market development direction; some people prefer to avoid the chaos after the opening, which requires strong patience and eyesight for traders; others prefer to operate in the afternoon, because there is usually a small market price in the afternoon, in addition, the market sentiment is basically stable, which is suitable for the stable trading style.
6. Transaction plan.
Making a transaction plan is a task that every successful trader must do. You cannot imagine that stable profits can be obtained only through the intraday feeling, and you may be able to make a small amount of money, however, when you operate hundreds of thousands of hands, you feel a little unreliable. Therefore, a good transaction plan is the psychological basis for operations. When the market conditions and operations are all in the plan, the disk operation mentality is very good. Even if a stop loss occurs for a certain operation, it is still within the plan and has no impact on the transaction continuity. The idea of making a transaction plan should follow "if ..... Then, it should include various possible market conditions, countermeasures, and post-stop strategies.
These are the elements of the intraday transaction system I have summarized based on my years of operations. They are well-developed from my own perspective, but some people with different operation styles may not agree with them, this does not matter. I hope to provide a positive reference for beginners. After all, I have experienced many mistakes before. I hope that you will not take any detours when performing big operations.
I used a one-minute chart when I first performed operations within the day. Later, I gave up. It wasn't difficult to say, but it wasn't suitable for me. Because my response was slower than others, I couldn't quickly respond to the problem, so I had to use more than five minutes of K-line. I am also using the KD indicator, as well as macd and slow KD. These are good things to judge the signal accuracy and study their parameters well, by effectively combining them, we can remove the vast majority of unsuitable quotations. I have processed hundreds of transactions every month in five years and five or six transactions now, it is the result of the study of indicators and moving average. The smaller the number of operations, the larger the profit, because the vast majority of operations can be determined from the previous day, so they can steadily win the coupons, the only thing to consider is whether the market allows free access at the desired price range.
I have also experienced situations where I cannot effectively stop a loss. Many people simply think of this situation as a psychological problem, which may lead to mistakes, in fact, this is within the scope of the transaction system.
If you want to effectively stop the loss, you need to have a premise that you must have a thorough transaction plan. For example, after the close of today, you will see the price trend for the whole day, we should be able to determine the direction in which operations may be performed tomorrow, and know how to operate them, what kind of market conditions may be developed, and many traders are lazy, or you don't want to do this kind of thing because you are not willing to make money. The more you don't want to do it, the more difficult it will be. When you are used to doing this, slowly, you will be able to master your transactions and strictly control the number of transactions. In the beginning, it is best to strictly control the number of transactions once a day, no matter whether you earn a loss or not, by taking this discipline above other factors, we will be able to shake traders psychologically, and stop loss will be done. One statement for reference only
If you can make a stable profit, you will feel that one operation per day is quite frequent. My current transaction is six to eight times a month, taking the monthly profit rate of 15% as the standard, this is easy to achieve, and if traders only grasp the market that they can grasp, basically do not stop, I only used it once this year, it is not my own reason. The price for doing so is to torture the patience of traders. Do you think that for intraday traders, if they do not operate for a week, they will be bored?
Another important question is whether you really believe in your trading system. If you doubt it when it's critical (most people do), never stop it in time, therefore, it is worthwhile to improve the transaction system.
Don't expect this to happen. There is a big difference before any breed, whether it's a signal, a method to determine the direction, a stop loss, or a profit stop. If you look at short-term sniper, you will understand that the real gold mine can only be found in one species. The more you want to take shortcuts, the more greedy you want, the more joke the market will make, but it cannot afford traders, so it is best to dig your own mine honestly. Sooner or later, gold will be dug out.
Do you mean two signals, one in the K-line form and the other in the indicator form?
Who is the dominant signal? Should the transaction be abandoned if the two signals conflict with each other.
You don't seem to understand what a signal is, especially an accurate signal. The signal can only be a combination of K-line or K-line, rather than a combination of the Form. Who is the main signal, and whether the signal is in conflict, this is really a tough question. You should try again to determine the direction of the operation. At that time, you should not ask such a question.
Profound skill-four stages of daily operation
It may take the following four stages to cultivate itself into a futures expert:
Phase 1: gambling.
Beginner: I just tried the water. Basically, I only placed my order. I have no idea how to analyze it. I may often go to the Forum to see how others analyze it. I may also chat with the broker on QQ and MSN, in short, there is a white paper.
Advanced: I started to focus on fundamentals and external disks. It is common to stay out of bed at night. I am very concerned about the weather in different parts of the world, and I am very worried about the economic information of all countries in the world, at this time, the trend of one or two orders is occasionally expected, but the concept is still in the "futures are basically equal to gambling" stage.
Conclusion: many people have not gone through this stage, because many people in speculative markets know technical analysis, and many have their own methods, however, a considerable number of people who have gone through this level will have a history of deposit loss.
Stage 2: technical analysis.
Elementary: At this time, I began to pay attention to the operation methods of others, and began to study the operation methods of combining fundamentals with technologies. So I started to read technical books in the bookstore, moving Average, indicators, and K-line charts are all in our minds. As time goes by, disk feeling and other things begin to emerge. The actual process begins to capture a small portion of the short market price, however, we will still use fundamentals to encourage ourselves at the crucial stage. The overall level is basically in a half-bucket state. We will occasionally make a few dollars and then return to the pre-liberation several nights, there are also many people who have experienced warehouse storm, and then began to doubt whether overnight positions are suitable for themselves.
Advanced: I started to know that someone can earn stable profits only by technology. Now I am making great progress in the sense of disk. I began to know how to make sense of technology and how to stop, at this time, the operation within the day has been set as the only operation method. The basic principle is never overnight. More importantly, the transaction system has begun to take shape. At this time, the fundamentals only occasionally look at it, I am completely immersed in the world of technical analysis. With a strong trading signal, I am able to operate in a light warehouse as long as I see the opportunity every day. Sometimes I earn dozens of trading days in a row, however, there will also be a loss for many days, and the transaction will be in the top-Off-trough cycle state. At this time, the trader's confidence begins to establish and know that he has the ability to make money, but there are still many problems that have not been solved.
Summary: There are a lot of speculators at this stage, and most of them are between the preliminary and advanced stages. Many people are very confused and start to be unconfident in themselves, after continuous losses, you will often consider whether to leave the market.
Stage 3: initial success.
Elementary: only one or two types of transactions are concerned at this time. The fundamentals and external disks are no longer needed. The transaction system has been basically established and the trading signals, stop loss points, profit stop points, and fund management are basically determined, at this time, traders will find that there are not so many trading opportunities suitable for themselves, and there is no need to operate on them every day. Some risks must be avoided, but every operation will return to the warehouse, in addition, you can operate only one or two times a day at the most certain time. One day, you will suddenly find it difficult to lose money for several consecutive months, even if the loss is basically within the range of stop loss, traders have made it clear that they have the ability to make stable profits, but they have not been able to perform the test for a long time, and the trading system needs to be further improved. The most important thing is that traders know what they need and how to get it.
Advanced: Now traders have completely said goodbye to losses, and the trading system has achieved success. Making money is as simple as eating and drinking water, and trading is completely mechanical, unfavorable human nature is basically wiped out in the transaction process. At this stage, it is a process of increasing traders' wealth. Some people may earn dozens of times a year's profits, at this time, the trading philosophy, fund management and trading technology seem to be a lie to others, so it is difficult to communicate with others and often feel lonely.
Conclusion: There are very few traders who can reach this stage. It is often difficult for some people to go further even when they reach the preliminary stage, because the most difficult part at this time is to stick to their own methods, in terms of technology, it is also easy to get involved in the preliminary stage, but the advanced stage is a great achievement, basically no weakness.
Stage 4: self-cultivation.
At this time, traders are already very rich, and daily operations are unlikely to continue to place orders based on the amount of money they used to place. Therefore, many small quotations have been abandoned, and only a few transactions are made each year, however, they are not familiar with the big quotes within the day, and the rest of the time is spent on teaching students or hobbies that have nothing to do with transactions,
Summary: people who can reach this stage are rare, and most of them have no fame or fortune.
The trend is not needed when intraday trading is perfect. Even if the trend is the opposite of the daily trend, the key is where the signals you are familiar with appear, when this signal appears, does the background of the indicator and the moving average conform to your operating principles?
Today, I want to say a few more words. Before the daily operation reaches the top level, we 'd better study only one breed. When you are familiar with the intraday market of this breed, you will find that many quotations are similar, which can be roughly divided into seven or eight types. You only need to thoroughly understand the quotations of different types and do not need to wait until the opening day of the next day, or you will know how to cope with the opening of the second opening. Even if an error occurs accidentally in an operation, it is clear what to do next.
After talking about the above content, we can introduce the key to daily operations during cultivation-post-disk training, soft eating, and hard work.
1. One minute on the stage, and ten years off. Futures are like a melee, but many people go into battle with a blunt knife or even childen. It is normal to get their heads broken, and if they are unlucky, they may fail, however, a few of them sharpen their knives and practice kung fu before launching the game. Therefore, it is normal to gain each time, and the more they gain, the more powerful they gain. Therefore, training after a disk is like sharpening and training.
2. You must have the ability to be soft and hard-pressed during day-to-day operations. It was a good metaphor to have a post comparing successful traders with cheetahs, because it is a typical practice of eating soft, hard, and hard, when a group of prey passes through, it will wait patiently until it finds a person who only lacks his arm, legs, or is always weak and sick, otherwise, it would rather let go of this group of prey and never let it go. If a dangerous meat animal is found nearby, it will give up its prey to save itself. Daily operations must possess such qualities.
If you are a newbie, I can give you a learning plan.
1. Determine a kind of product you like, but do not practice it first. Instead, use its historical K-line quotation within the day for drills;
2. If you do not have a feeling of disk, you must train it out. If you have a feeling of disk, you need to find the best signal;
3. Use indicators and moving average to greatly improve the accuracy of the signal, and eliminate the cause of Inaccurate Market analysis. It is impossible to reach 100% without years of training, however, it is easier to reach 80% in a few months;
4. Find the stop loss point of a good number. Each signal has a different stop loss point. Some have five or six points, but some have more than a dozen points. Remember, this is a life-saving thing, therefore, the accuracy of 100% cannot be used for practice;
5. Find the profit point of the signal, which is usually controlled by a certain moving average;
6. After completing the above five points, you will basically establish a preliminary transaction system. You can use the 5% ratio of positions for three months, and then summarize the practical experience and lessons learned, after achieving real progress, we will improve our trading system and then conduct the work for another three months. If we find a definite improvement, congratulations, you have already entered the speculative path, close to stable profitability. By then, you don't need to be taught to know how to do it.
I can only talk about it here. Sorry.
If you have been observing the transaction system, the result is only one step away. The practice is:
1. Find out the quotations you are not good at, and remove them. The profit does not belong to you.
2. Find out the time you are most likely to lose, and never operate during that time;
You can understand that this is very close to success. I have been making a stable profit since I avoided the consolidation and conversion trend. Now I can determine whether the consolidation will take place the next day one day in advance, check whether the trend is converted at the opening every day. If you still cannot do this, you have to work hard on the indicators and adjust the parameters when necessary to make them larger and more accurate.
Taking the signal ending with the trend as a stop profit is the method of the past, but this is also an important cause of his final failure.
Profit stop must master the "degree", the so-called daily profit is the loss, the water is full, overflow, and good harvest is the essence of profit stop, want to be good to accept, you must precisely study the signals you are familiar with. You must know where the signals will first develop, and where the signals will be further developed when certain conditions occur, in this way, the first and second profit points are set up for batch withdrawal.
Do not adjust the daily trend for the intraday trend. Unless you use a large minutely line such as a signal of over thirty minutes, do not link the intraday trend with that of tomorrow, the daily trend should be regarded as a completely separate quote, but the operational thinking must be continuous and conform to the principles of the transaction system.