➤1. Only use the money you can afford. If you invest in futures commodities with the funds you have at home, you are doomed to fail, because in this way, you will not be able to calmly use your mental freedom to make stable trading decisions.

Unravel the 20 most comprehensive trading mindsets in history: What distinguishes profitables from losers?

➤1. Only use the money you can afford. If you invest in futures commodity investments with the funds you have at home, you are doomed to fail, because in this way, you will not be able to calmly use your mental freedom to make stable trading decisions. One of the successful elements of futures commodity trading is independence of mind; that is to say: "The decision to buy and sell must not be affected by the fear of losing household money."

➤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. Although this kind of skill can be trained, successful commodity buyers seem to be able to remain calm while trading. "In the futures commodity market, many exciting things happen every day, so you must have a decisive attitude and ability to cope with the short-term market conditions. Otherwise, you will change your mind and contract direction several times in just a few minutes."

➤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. The rule can help 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 build transaction judgment on hope: don’t hope too much to make progress immediately, otherwise you will buy and sell according to your hope. Successful people can be free from emotions in their trading. "Although hope is a virtue in other areas of life, it will become a real obstacle in futures commodity trading." When a novice hopes that the market will turn into a favorable market, it often violates basic trading rules.

➤5. You need to have appropriate rest : daily trading will passivate your judgment. Take a break and you will have a more detached view of the market; it will also help you look at yourself and your next goal from another state of mind, giving you a better perspective to observe many factors in the market.

➤6. Money-making contracts do not close positions easily, but make profits continue: selling money-making contracts may be one of the reasons for the failure of commodity investment. The slogan "As long as you have money to make, you won't go bankrupt" will not apply to commodity investment. The reason is: if you cannot let profits continue to grow, your losses will exceed profits and crush you. Successful traders in say that you cannot close positions just for profit; to settle a profitable contract, you must have a reason.

➤7. Learn to love loss: "Learn to love loss, because it is part of business. 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 businessman, you must remove your fear of loss.

➤8. Avoid entering and exiting at market prices: Successful traders believe that trading at market prices is a manifestation of lack of self-discipline. Unless you have to close your position before trading at market prices, "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: trades in active trading months, which can make trading easier.

➤10. If you have a good chance of winning, you should look for the opportunity of "the possibility of losing is small and the possibility of profit is large." 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. Pick "unexpected fortune": 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 why profits come quickly, it is better to "take it and run!"

➤12. Learn to short-term operations: Most new investors tend to buy and rise, that is, buy in markets that think will rise, but because the market falls often faster than their rise, you can quickly get profits by selling at high prices and buying at low prices. Therefore, the counter-trend operation method is worth learning.

➤13. After the decision, the action was decisive and quick : The 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 salesperson: A good salesperson 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 have professional knowledge to provide exceptions that may occur at any time in your market; in addition, you must have a conscience and regard your interests as the first priority; in this way, if you have a good comrade in the market, you will be able to fight with all your strength.

➤15. Successful operations are like slowly climbing up the hill, and failed operations are like rolling down the hill: the story of getting rich in one day that is rumored 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. will never violate good codes : What is good codes? 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: a wave of market cannot continue to rise without rest. 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 bulk material importers, the decline in international grain prices will affect the company's overall marketing and profits. For companies such as finance, asset management, investment and life insurance that have stocks in their competitors, when the overall economy weakens, the market risks are high. In order to reduce risks and increase profits, sell and avoid risks in the futures market in order to form a "price insurance function".

➤19. Buy when the rumors rise, and sell when the truth rises: If the rumors in the market are 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 surges, it may be pressed to the limit by its own weight. So, when you are bullish, you should have particularly bearish news.