This book records the trading records of the 200 1 (income 1098%) Japanese "Robbins-Taikang Futures Championship" champion fairy and runner-up Daoxiaotangu (income 66.7%) during July-65,438+February.
Among them, the trading record of the champion fairy is particularly commendable. He won the championship in the three Robbins-Taikang Futures Championship (200 1 revenue 1098%, 709% in 2002 and 1% in 2003).
Fairy's trading record is divided into three chapters. The first chapter focuses on intraday trading, records the trading records around July, and identifies trading signals through the 5-minute price line. The trading varieties are Tokyo kerosene and Tokyo gasoline. The first and second chapters are the essence of this book.
Through the interpretation of trading records, I think his intraday trading method has three main points:
1.6 Important prices: yesterday's closing price, yesterday's highest price, yesterday's lowest price, today's opening price, today's highest price and today's lowest price;
2. Three important time periods: within half an hour of opening, within half an hour of opening in the afternoon and before closing;
3. Two stop losses: the stop loss of each order and the stop loss of the overall account.
Fairy's intraday trading is to compare the trading price of the previous day with that of the current day in three time periods, analyze the market sentiment in combination with market news and price trends, and make corresponding buying and selling judgments. At the same time, his stop-loss strategy ensures that there will be no regular losses in the account, and at the same time reduces unnecessary transactions.
His trading method runs through his whole game. The consistency of trading methods and ideas is an important part of trader training. There is no difference between good and bad trading methods. It is important to master the trading methods skillfully in order to form a routine in actual combat and effectively deal with various trading problems.
Through the transaction records, we can know that Xian is a very dedicated person, which is not only reflected in the consistency of his trading methods and ideas, but also in the choice of trading varieties. Many people will choose many varieties or targets for stock, futures and foreign exchange trading, which is a big mistake, and it is difficult to effectively concentrate their scattered energy on a single variety. Fairy uses Tokyo kerosene and Tokyo gasoline as the main trading varieties, and even once only made Tokyo kerosene in the competition, which will have a deeper understanding of the trend of individual varieties.
The fairy will reflect on the current situation when the loss is large, or when the risk of holding a position is high. For example, when there was a big loss on July 9, he recorded more psychological state, and proposed that he should pay attention not only to the loss of a single account, but also to the loss of the whole account. He should not blindly bill under the condition of low accuracy, and he should not be eager to retaliate against the market in the state of loss. He will also have a summary when he is profitable, such as how to operate the order to maintain his advantage and adjust the positions of trading varieties in time.
If the fairy's attack comes from his specific trading method, then his defense comes from his stop loss. In his trading process, every order has a corresponding stop loss, which is usually set at the early support resistance position. As long as the market moves in the opposite direction to stimulate the stop loss, in most cases, the market really turns, which is why his account has never suffered a large-scale loss.
Of course, in the actual transaction, he will also make many common mistakes. For example, after the loss, you are eager to make up the position (although the number of times is very small), or you still add the position under greater risks (although you are lucky to have no stop loss, the risk is still relatively large).
But as a subjective trader, our focused trading methods and ideas, fixed stop-loss strategy and stable trading mood are all worth learning. In the next issue, I will further analyze the trading methods of Fairy according to his trading records.