Foolish trading: the power of rules

Author: The Little Dream, Created: 2017-02-13 10:18:19, Updated: 2017-02-13 10:19:30

Foolish trading: the power of rules


  • Subjective is wrong, focus is poor, wave after wave, nothing much is empty.

    I can't help but say a few words after watching so many people in the forum tirelessly analyze and predict trends.

    Without a core understanding, ass is gambling, and technical analysis becomes worthless, what supports the pressure box breakage, etc., are the products of lust. The reason why some people find it useful is because so many people predict every day, someone is always wrong.

    It is not forbidden, if you have your own rules, you can do it freely. As long as you know that sexual intercourse is not allowed at the right time, it is just a game of chance, and when it is not allowed, there are plans to leave the scene.

    It was not copied, but the countless copies of the corpses were piled up, using the spirit of Huang Yi, to consume the power of the head, but no one can determine at the moment when the power of the head was consumed.

    Of course, fundamental analysis is less reliable, and the same type of news can sometimes be called the reason for the rise, but sometimes it can be the reason for the fall. And regardless of whether the market rises or falls, analysts can always find out the corresponding reasons they need afterwards, so, in my opinion, the profession of securities analyst is not as noble as the roadside gambler, who makes money by catering to the psychological needs of shareholders, rather than being able to make a real judgment of the market.

    Most of the people have a story of the savior, especially when they are in trouble, always hoping for an all-powerful superhero who can control the situation to come to the rescue, pointing to the lost. Sometimes even knowing that they are not reliable, but still willing to listen to what these so-called great masters say, to find out from them the part of the favorable information they need, to get temporary psychological support.

    In my view, the real use of investing in securities is in the rules. What are the rules? The habits of winning that are built on one's own operating experience. In the operations of winning and losing money countless times, the philosophy of operating that is summed up by avoiding wrong actions and maintaining the correct ones. And the formation of this philosophy, apart from the dullness of one's own operating experience, no skilled and masterful person can help you to establish, although you can get an expansion of knowledge by reading some of our books on operations, but how much of the knowledge and whether the operation can be profitable are completely irrelevant, and even, I think, the more techniques and methods you know, the greater the obstacles to profits, just as if you have a lot of watches, you can not accurately determine the exact time.

    The rules are a net used for fishing in the ocean of the market. A fisherman can't know if he can go down each net and catch fish, how many fish will be caught, or even if he will catch garbage, all of this is possible. Discussing how much fish the next net will catch, obviously, is a very funny thing. Why are so many people not tired of predicting and analyzing the market trend?

    The vast majority of shareholders I have seen at the time of going to the market are concerned only with how much money they can make this time, and how much money they can lose, and what to do in case of situations that arise against their will, without a systematic strategy to deal with. Their thinking is offensive, but the problem is that your opponent is an unfathomably volatile market, and even if you have a thousand tonnes of strength, you have nowhere to go. But on the other hand, if you are most concerned with the defensive problem, each time you are in the first step is not to make as little money as possible, but to calculate how much to lose.

    How do you know you're wrong? It's simple, you don't need to look at any technical basics here and there... your account will tell you everything.

    Don't be afraid of the fact that the bottom line is gambling. Only by understanding this, you can understand the uncertainty of the trend from a fundamental mindset, get rid of the needless fantasy of relying on technical analysis to achieve long-term stable profitability, and then you can make your own rules of certainty on the basis of the uncertainty of the trend.

    There is no perfect trading technique for every win, there is no technology that can predict the direction and magnitude of the trend, there is no precise way to escape the bottom, but what you have to do is how to lose less when you get a bad hand, how to win more when you get a good hand.

    If you are an analyst and not involved in trading, then you can do your best to analyze, to predict, to fantasize... what kind of technical form technology has come out of, what should it be, what kind of basic message has come out, what should it be, etc.

    However, as a trader, you have to be aware that these things are just a prank, and maybe sometimes you guess right and they'll be useful, but sometimes the trend will be the opposite of what you think. The danger is that when the trend doesn't match your prediction, you'll still think you're right because you guessed right the last time.

  • If you can let go of all subjective biases and do a lot of graph statistics on what you think is an effective marketing technique, you will find that this approach fails as often as it succeeds.

    Rules, and technology have nothing to do. It's just your own setup. The simplest rules are, how to buy, how much to buy, how to buy, how to sell, how to sell, how to sell, how to buy, how to sell, how to sell, how to buy, how to sell, how to sell, how to sell, how to sell, how to buy, how to sell, how to sell, how to sell, how to buy, how to sell, how to sell, how to sell, how to sell, how to buy, how to sell, how to buy, how to sell, how to sell, how to sell, how to buy, how to sell, how to sell, how to sell, how to buy, how to sell, how to sell, how to sell, how to sell, how to buy, how to sell, how to buy, how to sell, how to sell, how to buy, how to sell, how to sell, how to buy, how to sell, how to sell, how to buy, how to sell, how to buy, how to sell, how to sell, how to buy, how to sell, how to sell, how to

    One of the characteristics of trading is that once you enter a position, all your previous analysis and judgments have no effect on the trend. The trend is what the market says or what you say. The only thing you can do is decide when to leave.

    For technology, I value more money management, risk defence. It is only when you understand that the stock market is a game for losers that you can get rid of the 28 laws. Otherwise, spending a lifetime chasing a no-win, no-win strategy that doesn't even exist is dead.

    Why analyze? It is to judge future trends based on past trends. Indicators are the carriers of your trading rules, and without your trading rules, indicators have no meaning. In fact, the way I'm going to talk about how you operate with any indicator doesn't affect its effectiveness.

    It's like killing without using a butcher knife, butcher knife, screw knife. The key is the way you use the tool, not the tool itself.

    The problem is, what is the real success? Seeing you do more? Seeing you fall to do nothing? This is called chasing down and down. And the success is for no money. The real success is completely in line with the movement, let the movement itself decide your direction, without taking the slightest subjective.

    Of course, my method is just one of them, and any successful trader must have his own unique set, hard to say which is better or worse.

(The author is Yugi Aoki Ieyasu)


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