Speculators are a very special kind of people in the futures market. Simply put, "speculators" are customers who conduct ultra-short-term transactions in the futures market, with high trading frequency and good sense of disk. These trading orders often stay in the market for no more than a few minutes, and "speculators" come out as soon as they earn 1 to 3 points, and their positions generally do not exceed 1 to 2 points, which makes their success rate very high. Jiang, the champion of financial futures competition, is such a "speculator".
The average annual income is 200%
Jiang told reporters: "I am a speculator, mainly contributing to the market." However, this is not his first role in the futures industry.
In 2004, Shanghai Futures Exchange held the Shanghai Aluminum Simulation Futures Competition, in which Jiang participated and won the second prize. At that time, the futures company was beginning to expand, so Jiang joined Huixin Futures in 2004. Since then, he has worked as a researcher and service manager in a futures company. After leaving the futures company in 2006, Jiang went to Dalian Commodity Exchange, spot aluminum industry and other enterprises. And touch the upstream and downstream of the futures industry chain.
Jiang said frankly: "My in-depth understanding of the whole industrial chain has influenced my trading style. I am a fundamental school rather than a technical school, and industrial research has taught me how to systematically analyze an industry. Many futures investors' sacrificed' in the darkness before dawn because this first enough paper was not smashed. "
Futures combine to understand the spot market, and futures prices are a shadow. For example, Jiang said that when the spot is depressed and the futures price is high, the futures price will either return to the market or expand the spread through reverse operation. For example, 0809 rubber futures still have a high price of 27,000 yuan in the spot month. How do bulls deal with themselves? At that time, the corresponding news was that Yunnan rubber production was reduced, and downstream enterprises imported rubber from Thailand and Malaysia and threw it at the domestic market at inappropriate prices; On the other hand, the time is too late, and the formalities of shipment and inspection can't catch up with the time. By analyzing the spot market, we can know whether the price is high because of market behavior or non-market contracts, and we can judge which contract to touch, which contract to throw and which contract not to throw.
Jiang told reporters that if the principal is 500,000 yuan and the "speculators" keep the income of1.5,000 to 20,000 yuan a day, then the annual income will be 500%-600%, but sometimes the state may not be very good, so on average, the "speculators" can basically achieve 200% annual income.
Learn to generalize when you finish studying.
Jiang's motto is "those who don't seek everything are shorter than a moment, and those who don't seek the whole situation are shorter than a profit." He said that many futures investors and traders now have too narrow horizons, and only when they have a broad vision can they feel the opportunities.
"Really successful investors not only make money, but also correctly judge the price trend and think ahead to foresee this market. Of course, it is best to catch money. " Jiang said to him.
But it is very difficult to do this. He told reporters: "Three minutes before the closing of the National Day, I had an empty order, with 300 lots of sugar and 28 lots of copper. I hesitate to go or not. I had expected that the market might fall, but I didn't expect it to break out so soon. In the end, I only left two hands of copper. "
So, how does a beginner become an excellent trader? Jiang said to him, "it's very simple." First of all, traders need to be trained for one or two years, but they don't need to spend all their time on trading. They must set aside time for analysis, first understand the upstream and downstream enterprise chain of a variety and judge the position of this enterprise in the industry. Of course, this process will be very long, and it will take one year, two years or even longer to follow up. When the price goes up and down, you can strengthen the transaction and prove your judgment. But in this process, investors need to determine what kind of trader they are, whether it is ultra-short-term, short-term or mid-line. This is related to your personality, and the process of this exercise is the process of constantly improving the trading system. Once a variety is completed, it can be extended to other contracts on the basis of this variety.
In the final analysis, "speculators" need foresight, and this foresight is based on the overall view. The thinking of "speculators" needs to conform to the market, and they are not afraid of not being able to do it, and they are afraid of surprise.
It is not enough for traders to finish books optically, but also to learn different methods. This bias is the market feeling, such as the banker's judgment. Some orders are wrong, not because your judgment is wrong, but because the main players have played tricks and need traders to accumulate themselves, which is not on the books.
"Making a plate is very flexible." Jiang told reporters: "I have a long-term judgment, a concrete and meticulous judgment, and random adjustment in the disk, so that the disk can basically be inseparable."