Zhang Haifeng, born in 1980s, came into contact with and studied futures trading when he was in college. After graduating from college in 2007, Zhang Haifeng put almost all his monthly salary into the futures market. After all, his theory is different from actual combat, and he paid the price without exception. Zhang Haifeng's trading style is mainly subjective small-band trading. Between the medium-long line and the ultra-short line, combined with the short-term in the day, he is used to heavy positions, and often can get an amazing explosion of profit growth in a short time. After about 1 year test, in 2008, Zhang Haifeng broke out. Short 20,000 before the National Day, and chase all the way after the National Day. In just 1 half a month, 20,000 yuan soared to 1 more than 10,000 yuan. After earning the first pot of gold, Zhang Haifeng's trading became relatively objective, rational and cautious, and gradually embarked on a professional and mature trading road.
20 1 1 year, 3 months 22 million; From 2065438+01June to 201February, 300,000 principal participated in the haitong futures the legendary swordsman Futures Competition, and the accumulated income was 4.9 million yuan to win the annual championship; In 20 13, it earned 20 million yuan from 800,000 yuan, and won the first season of the "the legendary swordsman" real competition in haitong futures10-500 million quarterly champion ... The impressive record benefited from a trading habit in Zhang Haifeng-"heavy position". Obviously, the high return of heavy positions is bound to be accompanied by high risks. 20 12, Zhang Haifeng also tasted the bitter fruit. Funds exceeding 10000 yuan were short in reverse because of misjudgment of soybean meal rising market, with a loss of only 800,000 yuan. As a result, the image of "gambler" was branded on Zhang Haifeng. When faced with the sharp question "How to treat the death of a heavy warehouse" put forward in an exclusive interview with China. Com, Zhang Haifeng calmly said, "Blind heavy positions will die, or heavy positions without trading technology and strict stop loss will die. In fact, if there is no professional technology and no strict stop loss, no matter whether it is heavy or not, it will be eliminated by the market. " Zhang Haifeng said that he always set stop loss and take profit. He feels that such a heavy position is not easy to die, but there will be unexpected gains. He positioned himself as: Jianghu faction, with gains and losses, is always a hero, coming and going, seemingly invisible, but in fact each faction has its own tricks. Without experiencing big profits, there is no confidence to persist in this market, and without experiencing big losses, there is no motivation to learn the professional skills of market survival. In Zhang Haifeng's view, futures traders must experience big profits and big losses to really mature.
Zhang Haifeng faction is to seize the market and attack on a large scale. What about his tactics? For the specific operation of the band, Zhang Haifeng divided it into four stages:
Set a good direction before the market, weak or strong or sideways. How to judge? 1. Fundamental analysis. 2. Data analysis of various varieties, especially the supply and demand data of products, among which commodity inventory is the most important. Inventory includes upstream, intermediate trade and downstream. 3. Interpretation of macro data. Every time big data is released in China, there is basically a wave of market behind it.
Second, the intraday position, that is, when to enter the market. The previous highs and lows are the most important pressure levels and support levels. Pay attention to the integer digits. Integer digits are generally strong pressure and support. At the same time, according to experience, set a reasonable single variety cache interval.
Third, the profit-loss ratio must be reasonable, that is, we must see clearly how much we can earn, how much we can lose, and how much we lose. We must earn more money than we lose. Zhang Haifeng himself generally set the profit-loss ratio as 3: 1, and the higher the ratio, the better, and the lowest is not less than 2.5: 1. If it is judged as a volatile market, it is generally based on the previous level as the upper and lower edges of the interval. If it is determined that the trend is falling, the stop loss is the successful recoil after breaking the price. Take profit position is generally placed in technical support position: such as moving average, integer position, historical high and low point. But be careful, if you miss the price, you'd better not chase it.
Fourth, stop loss and take profit must be implemented. Take profit does not need to compete with the market, but it can be partially compromised, provided that the profit-loss ratio is controlled. However, the stop loss must be strictly implemented, and it will not expand or shrink, and it will not be adjusted.
When dealing with risks, Zhang Haifeng's view is very unique. He believes that when the market appears, it is when the market fluctuates, that is, when the market risk is the greatest. This is the time for the market to test investors' confidence. Many traders with uncertain confidence give up their trading plans in the repeated shocks of the market. As long as they let go, the market will come out. Therefore, in terms of market judgment, if it is a volatile market, Man Cang will enter at the bottom and Man Cang will enter at the top when the profit and loss are clear. If it is judged to be a trend market, the position is light, generally around two-thirds, because the stop loss is relatively large. For the operation of holding positions overnight, Zhang Haifeng thinks that the overnight risk can only be reduced, but cannot be completely avoided. If the position is in the same direction as the daily K line, choose the whole position overnight. For example, if the daily K-line is negative, the empty order will stay overnight in Man Cang. If the position is inconsistent with the K-line direction, you will choose half a position or even less overnight.
There is a wine cabinet in Zhang Haifeng's office, which is filled with all kinds of fine wines. Zhang Haifeng likes to mix his own wine. When the operation goes wrong, he will drink a little wine. On the other side of the office, there is an guqin. When the market is stable and he is in a good mood, Zhang Haifeng will play the piano to express it. The beauty of futures trading is like an guqin, but you have to play it yourself. The cruelty of futures trading is like a glass of hard liquor, but just brew it yourself. It is such a young post-80s generation who dares to think and do, has ideas and has implemented them, and has achieved success beyond many peers by relying on his own courage in the futures market. He has an unruly personality, but he is very humble in front of the market. "I hope investors in this market don't treat me as a master of futures. I admit that I made a lot of profits in the market, but when I was doing futures, most individual traders couldn't see the risks behind him at first, too much paper and a dream. " At the end of an exclusive interview with China, Zhang Haifeng said.