1. Plan your trade, trade your plan.

Make a plan for your transaction; Execute the transaction according to your plan.

Hope and fear are the two biggest enemies of speculators.

Hope and fear are the two biggest enemies of speculators.

3. Record your trading results.

Record the results of your transaction.

No matter how much you lose, you should keep a positive attitude.

No matter how much you lose, keep a positive attitude.

5. Avoid overconfidence-it may be your biggest enemy.

Don't be overconfident-it will become your biggest enemy.

6. Constantly set higher trading targets.

Constantly set higher trading targets.

7. Stop loss is the key to the success of many traders-limit your losses!

Setting a stop loss is the key to the success of many traders-limit your losses!

8. The most successful traders are those who trade for a long time.

The most successful traders are those who make long-term trades.

9. Successful traders buy when there is bad news and sell when there is good news.

Successful traders buy at bad news and sell at good news.

10. Successful traders are not afraid to buy high and sell low.

Successful traders are not afraid to buy high and sell low.

1 1. Successful traders have planned time to study the market.

Successful traders effectively plan their time for market research.

12. Successful traders set profit targets for each of their trades.

Successful traders set profit targets for each trade.

13. Don't collect other people's opinions before trading-facts are priceless-opinions are worthless. In short, successful traders don't listen to others.

Don't ask for advice before you enter the transaction-facts are of infinite value and opinions are worthless. Simply put, successful traders are not influenced by other people's opinions.

14. Constantly strive for patience, perseverance, determination and rational action.

Constantly strive for patience, perseverance, determination and rational behavior.

15. Don't quit the market because of losing patience, and don't enter the market because of waiting.

Never quit the market because of impatience, nor enter the market because of impatience.

16. Avoid going in and out of the market too frequently.

Don't go in and out of the market often.

17. The most profitable trading tool is to follow suit.

The best way to make a profit is to follow suit.

18. Never change your position in the market without sufficient reasons. When you make a transaction, let it have a good reason or according to a clear plan; Then, don't go out before there are clear signs of trend change.

Don't change your position in the market unless there is a good reason. Every time you make a first-hand transaction, you must have a valid reason or a clear plan; After that, don't quit unless there are obvious signs of trend change.

19. Losses make speculators diligent, not profitable. Use every loss to improve your understanding of market behavior.

You can't make money by losing money, but you can make speculators study it carefully. Seize every loss opportunity and improve the understanding of market behavior.

20. The most difficult task in speculation is not prediction, but self-control. Successful trading is difficult and frustrating. You are the most important element in the success equation.

The most difficult task of speculation is not to predict, but to control yourself. A successful transaction is a difficult and annoying transaction. You are the most important factor in the success equation.

2 1. The basic substance of price change is human emotion. Panic, fear, greed, insecurity, anxiety, stress and uncertainty are the main sources of short-term price changes.

The basic element of price change is human emotion. Panic, fear, greed, insecurity, worry, stress and indecision are the main sources of short-term price changes.

22. When the market is at the top, the bullish consensus usually reaches its peak. In addition, there are few bulls at major bottoms.

Typically, when the market is at the top, the people who consistently watch more are the most; Few people think that the bull market will appear at the main bottom.

23. Observe the spread, that is, if the spread narrows, don't be bullish.

Note the empty set. In other words, if the deficit is decreasing, don't look too much.

24. Remember, a bear market will give up what the bull market took three months to build within one month.

Remember, a month's bear market will make you lose what you got in a three-month bull market.

25. Determine the "dominant factors" of each commodity. Be prepared to redefine this factor as conditions change.

Find the "decisive factor" in each commodity futures. Be ready to redefine a factor as the situation changes.

26. Expand your sources of market information, but limit your sources of market views.

Expand your market information sources; Limit your sources of market views.

27. Never let a big win turn into a loser. If the market is unfavorable to you, drop 20% from your highest profit point and stop loss.

Never let a big win turn into a loser. If the market drops your profit by 20% from the top, stop and go out.

28. You can never know everything. A commodity trader is always in danger.

No one can know everything. Trading in futures is always dangerous.

29. A successful transaction requires four things. Knowledge, well-trained courage, money and the energy to combine the first three properly.

To succeed in trading, there must be four elements: knowledge, courage to control properly, and money and energy to combine the three properly.

30. Look forward to and accept the loss gracefully. Those who are worried about losses always miss the next opportunity, which is likely to be profitable.

Anticipate the loss and accept it generously. People who think hard about losses always miss the next opportunity, and the next opportunity is likely to be a profit opportunity.

3 1. One of the basic elements of making money and keeping money is organized efforts.

A fundamental element of making money and keeping money with money is to do things in an orderly way.

32. Unless you make progress, you will go backwards. Once you have achieved a trading goal, it is very important to set a new goal immediately.

If you don't advance, you will retreat. It is important that once you achieve a trading goal, you should immediately set a new goal.