Bedside fairy tale
How do successful traders of odds become
1- Peace of mind, low-key goals
This is a conservative trader: set low annual earnings targets and settle for more than 20 per cent; Do not want to have large fluctuations in capital equity; Leverage in real trading is a third of what it was when he was younger.
2- Relatively pure theory and method
Three types of people are not suitable for commodity futures trading: (1) day traders; ② stare at more than disk; ③ Those who are emotionally serious
3- Keep pace with The Times, good at summarizing and self-improvement
Some personalized solutions are proposed for breaking the market: don't chase the market for missed trading opportunities; Once you have taken profits in a market, avoid trading in that market for a few days
4- The ability to improvise
There is a sugar trade in which the author was initially very bullish on a long breakout, but it backfired: the upside breakout was false, and then he made huge profits by shorting the downside breakout
5- Good sense of risk control
Successful market speculation is based on risk management. Like Texas Hold 'em, how you play your cards well is more important than what you are dealt.
Futures Sniper: 21 Weeks of Trading Winners
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