This lecture was given by Mr. Li Lei, an expert on stock index futures invited by Shenzhen Huatai Securities and general manager of institutional business department of Great Wall Ye Wei Futures Company. The first speech was very popular. More than 500 people suddenly came to the lecture hall with only 400 seats. Teacher Li Lei's wonderful three-hour lecture was well received, and many listeners said that they benefited a lot. To be a real trend-following trader, you must first control your heart. Teacher Li Lei made it clear from the beginning that the "trend tracking method" was developed based on the trading concept of "stop loss and let profits run". Its basic starting point is that the market trend will rise or fall due to the greed and fear of human nature and the influence of economic cycle, thus forming a trend. By capturing the main trends of the market, you can get the average or super-average profit of the market. Doing "trend tracking trading" is also very simple, that is, entering the market when the trend is formed; The trend disappears. Come out. Trend-following traders believe that the fluctuation of market price is unpredictable, the market is always right, and only the price (not the trader's forecast) can truly reflect the future. Therefore, trend followers never predict the top and bottom of the market, but passively follow the price. The vivid examples of top trend-following traders can help readers learn the essence of trend trading, such as: "When you look away from the chart, the trend becomes more obvious", "Trend-following traders usually stand on the right side of the big trend" and so on. When it comes to trend tracking, Teacher Li Lei said frankly that to be a real trend tracking trader, you will eventually realize that it is not that you have not mastered the trend tracking trading method, but that you have not deeply realized yourself, or lacked introspection, and insisted on mechanical trading without attaching any personal feelings. If you can control your mind better, it is not far from becoming a real trend-following trader. Account fund management is very important: keep a close eye on short-term trends. Man Cang's position control will directly affect several important aspects of investors: 1, and then affect investors' risk control ability. 2. It determines whether investors can get long-term stable returns from the stock market. 3, affecting the mentality of investors, heavy positions in actual combat will make people anxious. The most important thing is that holding positions will affect investors' attitude towards the market, thus making their analysis and judgment prone to deviation. In stock index futures trading, it is also very important for investors to manage the funds in their accounts. The most important principle is that they must never "Man Cang". Under normal circumstances, the position of stock index futures trading should be controlled at the level of 20% to 30%, that is, the margin of trading contracts accounts for 20% to 30% of the total funds of investors' margin accounts. If the position is controlled below 20% to 30%, if the investor is in the right direction, the investor's margin account can have enough funds to add margin, and the high income brought by margin leverage can be obtained; If investors misjudge the direction, they can also reduce losses and pave the way for the next profit. Recommend a good book: memoirs of stock handwriting When the audience at the scene asked Mr. Li Lei to recommend a good book, Mr. Li recommended a memoir of stock handwriting. He said that this book describes the ups and downs of Jesse Livermore, the best stock investor in history. The insights in the book deeply inspired investors and influenced investors from generation to generation. Generations of readers have found that they have benefited a lot from this book, exceeding what they have learned from the market and investors with many years of experience. Even after more than 80 years, it is still applicable today, and it is the leading investment classic in history. Audience feedback has profound and unique insights on the basis, technology and impact on market trends of stock index futures mentioned by Mr. Liu, a newly graduated college student, which provides a good reference for retail investors to participate in stock index futures. Mr. Lei, the general manager of Baihui Investment Company, has many advanced financial management concepts, such as: diversified financial management, not only investing in one aspect, but also paying more attention to policy changes and national economic development trends. Liu Jice, Deputy Director of the Survey and Statistics Department of Xuzhou Sub-branch of China People's Bank: The first lecture was very successful and provided a good reference for public financial management. It is said that there will be more than 20 similar lectures this year, which will inevitably affect more and more Xuzhou consumers.