1. Only use the money you can afford: If you use the funds you have in your home to invest in futures commodities, you will not be able to calmly use your mental freedom to make stable trading decisions.
2. Know yourself: You must have a calm and objective temperament, the ability to control emotions, and you will not suffer from insomnia when holding a sales contract. Successful commodity buyers seem to be able to stay calm while trading is in progress.
3. Do not invest more than 1/3 of the funds: The best way is to keep your trading funds three times the margin required to hold the contract. In order to follow this rule, it is okay to reduce the number of contracts if necessary. This rule helps you avoid using all trading funds to decide on buying and selling, and sometimes you will be forced to close your position early, but you will avoid big losses as a result.
4. Do not base transaction judgment on hope: Don’t hope that something will make progress immediately, otherwise you will trade according to your hope. Successful people will not be affected by emotions in the transaction. When a novice hopes that the market will turn into a favorable market, it often violates basic trading rules.
5. Have appropriate rest: trading every day will deactivate judgment. If you take a break, you will have a more detached view of the market; it will also help you look at yourself and your next goal with another state of mind, so that you have a better perspective to observe many factors in the market.
6. Money-making contracts do not close positions easily, so profits must be continued: sells money-making contracts, which may be one of the reasons for the failure of commodity investment. As long as you have money to make money, you won’t go bankrupt” will not apply to commodity investment. Successful traders say that you cannot close your position just for profit; to settle a profitable contract, you must have a reason.
7. Learn to love loss: If you can accept the loss calmly and not hurt your vitality, then you are on the road to success in commodity investment. Before you become a good dealer, you must remove your fear of loss.
8. Avoid entering and exiting at market prices: successful traders in believe that trading at market prices is a manifestation of lack of self-discipline. Unless you have to close your position, you should move towards the goal of not using market orders as much as possible.
9. The most active contract month in the trading market: This makes transactions easier.
10. If you have a good chance of winning, you should enter the market: You should look for opportunities with small losses and large profits. For example, when the price of a futures commodity is close to its nearest historic lowest point, the possibility of its rebound and rise may be greater than the possibility of its decline.
11. Get unexpected wealth: Sometimes when you buy and sell a product, you get a larger profit than expected in a short period of time. Instead of waiting a few days to see and explore the reasons why profits are coming quickly, it is better to take them and run away!
12. Learn to short-sell: Most new investors tend to buy and rise, that is, buy in markets that think will rise, but because the market falls faster than their rise, you can quickly get profits by buying at high prices and at low prices. Therefore, the counter-trend operation method is worth learning.
13. After the decision, the action was decisive and quick: futures market is not kind to those who procrastinate. Therefore, one of the methods used by successful traders is to act quickly. This does not mean that you have to be impulsive, but when your judgment tells you that you should close your position, do it immediately and don't hesitate.
14. Choose conservative, professional knowledge and conscientious salespeople: a good salespeople must be able to pour cold water on you in time to avoid you from overplaying in this market; at the same time, you must also have professional knowledge to provide exceptions that may occur at any time in your market.
15. Successful operations are like slowly climbing up the hill, and failure operations are like rolling down the hill: the story of getting rich in one day in the market is just a story. Without a deep foundation, even if you gain one day's wealth, you cannot keep it. Therefore, successful operators must try to create an architecture, cultivate good operating habits, and slowly establish a successful operating model.
16. Never violate good code: What is a good code? As long as you think it is a good code that can help you make profits or reduce losses in operation, it is a good code and you should not violate it. When you find that you have violated a certain code, leave as soon as possible, otherwise you must at least reduce the amount of business.
17. Putting it in your pocket is true: cannot continue to rise without resting in a wave of market. You must learn to put profits into your pocket to avoid the profits on the books turning into losses.
18. Try to use the futures market to avoid risks: for companies such as finance, asset management, investment and life insurance that hold current stocks, when the overall economy weakens, market risks increase. In order to reduce risks and increase profits, sell and avoid risks in the futures market to create a price insurance function.
19. Buy when the rumors rise, and sell when they really rise: If the rumor in the market is rumored to rise, you should buy based on this news, but when the news comes true, that is, when it sells. With one sale, there may be news that there will be multiple sales, because the market tends to build the news as a market price.
20. The bull market will be crushed by itself: This is an ancient trading rule in the stock market. It means that when the price of the bull market soars, it may be crushed to the limit by its own weight. So, when you are bullish, you should have particularly bearish news.
21. Observe price trends: price chart is one of the basic tools for successful traders. You can use it to see the main trend of the price. A common mistake made by commodity investors is to buy in the basic downward trend of the market, or sell when it is rising.
22. Pay attention to the breakthrough points in the trend chart: This is the only way used by some successful traders. They draw the transaction price for consecutive days into a curve chart. If the price breaks through the previous trend and remains for two or three days in a row, it is usually a good trading hint.
23. Pay attention to the 50% reversal point in the main trend: You may often hear that the market is working in a technical rebound. This means: after a main force rise (or fall), a 50% reverse movement will occur.
24. When choosing a buying and selling point, use the half-cut rule: This means: find out the range of the product that has been bought and sold, and then cut that range into the upper and lower half, buy in the lower half, or sell in the upper half. This rule is especially useful when the market follows the graphical track.
25. Observe the amplitude of market changes: When the market falls (up) with the same small amount every day, it may be a signal of rebound (down).
26. The dense zone is very likely to form a support belt or a pressure belt: the dense zone of can be regarded as an obstacle to slow down market price fluctuations. Once the trading range breaks through, the price will make progress. Generally speaking, the longer the trading range lasts, the greater the action after the price breaks out.
27. The significant rise and fall of the price is often accompanied by a critical reversal: When the price creates a new high price on high trading volume, the price then falls and closes lower than the previous day, it is usually a reversal in the upward trend. The reversal in the decline is that the price first falls, then rebounds strongly within the same day, and finally closes at a closing price higher than the previous day.
28. Pay attention to the shape of the head and shoulders: When a head and shoulders is formed on the price chart, it is usually a big increase signal. The appearance of the head and shoulders must be seen clearly until the second shoulder rises or pulls back to the level.
29. Pay attention to the highest point of "M" and the lowest point of "W": When the market trend forms a big M in the price chart, it implies that you can sell. When it forms a W, it implies that the price will rise.
30. Buy and sell at three highs and three lows: When the market climbs to its peak for the second or third degree, it is a bearish signal; otherwise, it is a bullish signal.
31. Observe the change in trading volume: When the trading volume rises together with the price, it is a buying signal.When the trading volume increases and the price falls, it is a signal of selling, but when the trading volume falls, it is a signal of waiting or expecting a reversal regardless of the price direction.
32. The open contract volume can also provide information: If the open contract increases when the price rises, it is a buying signal, especially when the trading volume increases at the same time. On the contrary, if the open contract increases when the price falls and the trading volume is large, it provides a sell message.
33. Pay attention to the extreme of things, and the worst will come: When a rise is very strong, pay attention to the implicit downward tendency and always pay attention to negative factors; when a fall is very weak, pay attention to the implicit rebound message, pay more attention to the positive news, and beware of market reversals.
34. Carefully judge the news effect: First, we must judge the authenticity of news; second, we must understand the timeliness of news; third, we must analyze the importance of news; finally, we must study the pointer nature of news.
35. Retreat before delivery period: commodity prices will rise and fall in the delivery month. Newbies in commodity trading should move to other products before this to avoid this additional risk. The potential profits during the delivery period should be obtained by experienced spot market buyers.
36. When the price difference between futures and spot changes, the trading strategy needs to be adjusted : In commodity futures, a positive price difference indicates that the market supply and demand state is in normal circumstances, and the price difference is completely the holding cost of interest and the positioning cost of insurance; the reverse price difference indicates that the spot supply is imbalance, and the momentum of demand completely replaces the holding cost, and the market usually has little desire.
37. Buy and sell between the price difference of related products: observe related products. For example, soybean flour and soybean oil, when the price of soybean flour falls, it means that the demand for soybean oil may increase. For example, the weighted index and the electronic stock index will maintain a certain degree of positive correlation before the new mainstream stocks appear.
38. Buy and sell when the market breaks through the opening bid: This is a hint of a good price trend, especially after a major news report. A breakthrough in opening bidding may imply the trend of trading on that day or in the future. If the market breaks through the opening bid upper limit, buy; if the breaking point is at the opening bid lower limit, sell.
39. Buy and sell at the closing price breakpoint the day before: Many successful traders use this rule to decide when to establish a new contract or add a contract. It means that the trading price is higher than the closing price of the previous day, or the trading price is lower than the closing price of the previous day.
40. Buy and sell at the breakthrough point of the previous week's high and low prices: 's rule is similar to the above daily rules, but its high and low prices are predicted at the week's highs. When the market breaks through the highest point of a week, it is a buying signal; when the market breaks through the lowest point of a week, it is a selling signal.
41. Buy and sell at the breakpoint of high and low prices in the previous month: The longer you observe, the more market motivation your decision will be. Therefore, the monthly price breakthrough point is a stronger hint of price trends, which is more important for futures commodity buyers or safe-haven buyers and sellers.
42. Establish a pyramid transaction: When you increase the contract, the number of contracts you increase should not be more than the number of contracts you created the first time. This is a dangerous buying and selling technique, because as long as the market reverses slightly, all your profits will be swept away. In an inverted pyramid-type transaction, the average cost is close to the market price, which will hurt you.
43. Be careful when using stop loss orders: The use of stop loss orders is a simple self-discipline skill; it can help you automatically stop loss. An important factor is: when you place an order, you must also set a stop loss point at the same time. If you don’t do this, you will lose more money, which will only increase the loss.
44. The rebound in the long market is not the same as the short market: On the other hand, the rebound in the short market is not the long market.Most investors like to short in the long market and believe that it will definitely rebound and vice versa. Change the pace and learn to buy back in the long market. If the rebound in the short market is short, you will make more profits.
45. Buying and selling when the price goes out of normal track: Some successful traders use this rule most often. They trade when prices overflow or exceed normal expectations. If the average buyer believes that the market price is rising, but in fact does not, it is usually a good selling signal, especially after the important information is published, successful traders will wait for the general public to go one side and then choose a certain time to trade in the opposite direction.
46. The market will always fluctuate narrowly after a fierce fluctuation: stabilizes after a sharp rise or fall, you must observe when the actual buying or selling starts to increase steadily. You can understand whether the market is ready to start, take the opportunity to get on the car quickly and wait for a wave of market conditions.
47. When the bulls are rampant, the rise will slow down: If the market is filled with strong bullish arrogance, the stock price will not easily rise, so why is this happening? When everyone is unanimously bullish and also enters the market and goes long, who can buy again and push the market upward? Therefore, the price must be continued to rise until the price is not up to the softening price and exit the market.
48. Buy and sell at the breakthrough points between rising wedges and falling wedges: any trend of has its process of brewing, producing and developing. Recorded on the chart, it will appear in a certain shape. Once a certain shape is formed, it usually has a considerable inspiration for future market development. Although it is not absolute, it has its reference value because of its high probability.
49. Don’t buy and sell multiple products at the same time: If you try to pay attention to the pulse of many markets, that is, if you want to master the news of several markets at the same time, it will hurt yourself. Few people can succeed in the stock index and the cereal market at the same time because they are affected by unrelated factors.
50. Don’t add money to the lost products: No matter how confident you are, don’t add contracts to the lost products. If you do that, it shows that you can no longer match the market, but some buyers and sellers do not agree with this rule and would rather believe in a technology with an average price.
51. In the short market, the statistical report is put aside first: In the short market, all statistics must be ignored and focus on the market trend. We must understand that the upcoming numbers reflect the past, not what will happen. The numbers to be published in the future are the results produced in the present and in the near future.
52. How much can the market give, it is so much, don’t hold unrealistic expectations: Some operators always want to make every penny in the market; they try to make the last drop of profit in the market, and the time and spirit spent is not worth it; divide a fish into three parts: the head, the fish body, and the fish tail, the largest part is the fish body; the operator just needs to find a way to eat the fish meat, and leave the fish head and the fish tail for others to eat.
53. Don’t be reluctant to leave a loss contract: should not keep a loss contract for two or more days, and don’t let it delay it for a weekend. This is a rule used by a successful futures trader to force himself to discipline himself. Selling a loss-loss contract sounds easy but harder to do, even veterans of businessmen feel the same.
54. When using stock price index futures to avoid risks: uses β value as the main reference basis, and the so-called β value is a pointer to evaluate the risk of securities, which is the degree of correlation with the entire stock market return rate.
55. Start with a small number: first test the trading ability with paper simulation operations, and then start making small amounts and small amounts of goods with small fluctuations. It is best for novices to learn more about buying and selling techniques first, and then contact products with large fluctuations.
56. Don’t change the original decision arbitrarily during the trading process: Once you decide the basic direction of buying and selling, don’t let the market rise and fall confuse your trading plan all day long. Make decisions based on price changes or news on the day of the sale, and it will often suffer.
57. Don’t blindly follow what the masses agree with: successful traders like to have a free breathing space. When everyone is rushing to buy, they find reasons to sell. According to history, the masses always go wrong. A successful trader will feel uncomfortable when he holds the same contract as the general public, especially those small buyers.
58. Don’t be influenced by the opinions of other people: In the transaction, don’t be influenced by the opinions of others, otherwise you will keep changing your mind. Once you have a basic view of market trends, you cannot easily be affected. There are always some people who give you some seemingly reasonable opinions to change the direction of your contract.
59. When the market conditions are unknown, wait and see the market first: Don’t think that you must trade or hold a contract every day. Novices often can’t help but trade or hold a contract every day, which is a tendency to be expensive. Successful traders will develop patience and self-discipline and wait for the better opportunity to place an order.
60. When there are many votes, enter the market in batches: If you want to invest in 10 more contracts, you can divide it into four buys so that before buying them all, see if the market trend is beneficial to you. Successful traders use this basic rule and many technical signals to guide them to buy and sell.
61. Minimize losses as much as possible: When the market trend is unfavorable to you, you must admit your mistakes and close the position! There is 50% profit loss in the transaction, and if you close the loss contract as soon as possible and continue to hold the profitable contract, you will succeed.
62. Don’t pay too much attention to the normal seasonal trend: Although corn prices always fall in autumn, successful traders will not let that seasonal trend affect their trading. Too many people want to move forward in the season, so finding a place and doing the opposite has unexpected results.
63. Avoid judging the high and low prices by yourself: When you believe that the market has risen to the top or fall to the bottom, and take a pace opposite to the market trend, then your trading will be very dangerous. Successful traders think this may be a lesson where tuition is expensive. They would rather let the market price move freely.
64. After closing the position, do not reverse the operation: When you hold a loss contract and you decide to close it, don’t do 180 degrees of reversal. For example, when you are long but the market direction is opposite to you, first appear and wait and see for a while before deciding whether to reverse short.
65. Don’t be petty: If you want to buy a product, please do not bargain and place an order at 2 points below the market price. Those who deliberately squeeze out extra small amounts of money from the market often watch the market trend approach his target and then slide away again.
66. Don’t blindly follow the opinions of experts: futures market either rises or falls. It can be said that there are only winners and losers, but no experts. You can refer to the opinions of experts, and don’t blindly follow them.
67. Remember the three elements of operation: Financial resources, courage and patience: To operate, you must have money first, that is, financial resources. Evaluate the money you can afford to invest, so as not to increase unnecessary psychological burden; when the market you are analyzing comes, you must have the courage to enter the market so that you will not miss the market.
68. Don’t operate too much, the important thing is to operate correctly: must know how much money you have. Never use limited funds to build too large parts to form enemies to defeat yourself.
69. Confirm the goal of the operation and don’t let emotions become an obstacle to learning: can take many methods to make yourself more successful in operating in the market, but never go into a fork in the road. Most forks have little impact on the operation, but there is always one that will make you in a desperate situation.
70. The common magic weapon of successful operators - stop loss: Before entering any transaction, you must clearly understand the risk and actually set a stop loss price. When the market reaches the stop loss price, you must implement it. Do not delay it again and again.
71. People make mistakes, but don’t make the same mistakes: Most operators always do wrong things in the market, and they make mistakes again and again, the biggest price is to lose a lot of money.Reduce the number of repeated mistakes in the market and your operations will become more and more successful.
72. Ask yourself, what goals do you want to achieve in terms of operation or investment? Then do this: find a method that suits you, try your best to strengthen this method, don’t hesitate, be bored with the old, be swaying, change one method and another. All the answers to operational questions can be found in
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