Who will tell a story about people around you getting rich in futures?

How to earn 200 million from 50 thousand? -Xu Sheng's speech "Insist on Shanghai Brothers"

Hello, everyone, I just got back from abroad. I haven't got the jet lag yet. I didn't sleep well last night. Today may be short. Please forgive me. I think the biggest difference between me and many successful investors is that I made money almost as soon as I entered the futures and stock markets, and I have no experience of short positions. I started trading futures from May 1 9991.Today is April 12, 20 14, and now it's almost 15.

I summed up some experiences that I can make a steady profit, mainly as follows: I am a person who can do very simple things to the extreme, and I am very self-disciplined, which is manifested in following the trading rules from the very beginning when I was engaged in the financial investment industry. Everyone has a different definition of trading rules. My definition is similar to that in the book. For example, futures should not be operated against the trend, or I will be unwilling to stop loss if I hold the wrong order, or the capital control is not very reasonable and too large.

Although I think these reasons are very simple, almost every introductory book on futures and investment will tell you, but we can clearly see that I have calculated this ratio, and more than half of the memoirs of successful investment traders and their previous short positions are all due to the reasons I mentioned earlier. Because I know the importance of these points, I didn't make this mistake when I started investing in futures. I have been trading lightly, so I can survive well in the early stage of trading and get less profits at that time. From 1999 to 2003, I calculated that the highest annual rate of return was about 25%, and the worst should be about 10%.

The second point is that I think I am a very serious and careful person. For example, I will carefully record and back up the trading methods obtained through books or communication with friends, and I will review and summarize them every once in a while, because after you trade these trading methods for a period of time, your feelings should be different, and some classic methods are basically memorized, and even conditioned reflex exists.

Another point is that you should strictly keep your own transaction records. I think the transaction records should be more detailed, because you can look at this transaction record after a long time, and you can understand the real transaction experience when you made the order. Of course, there are many programmed transactions now, but this kind of work is relatively simple.

I think what I did was that I was well prepared for the transaction. For example, I have opened accounts in many futures companies, but their official trading declaration numbers are kept in my mobile phone. I don't know if all the investors here do this. After keeping this phone number, I will try to see if the phone number of the list is still valid every once in a while, because I think the professional service of the futures company is still poor. These changes may have additional conditions in its replacement. For example, I didn't need a password setting, and now I tell you that I need a password setting, but in the case of urgent need for a list, such as your phone suddenly being disconnected, you can't make a corresponding report quickly.

What I said earlier is the official billing phone number of the futures company to customers, not the billing phone number reserved for you by your broker or VIP customers like me. Why do you say that? For example, the VIP customer phone number, because now everyone is trading online and no one will use it for a long time, then the futures company may cancel this VIP phone number. If you are not notified in time, you will not be able to send your list quickly when you need an emergency report. Moreover, for traders like us who are very demanding on price and location, sometimes the market is very big today, and you will lose a lot.

Therefore, although I can make my own VIP customer declaration, I will also record the official declaration telephone numbers of those futures companies for ordinary investors in my mobile phone as a double backup. Because generally speaking, all customers' phones will not be turned off easily, and I have noticed the importance of transaction speed and disaster preparedness ten years ago. Just as futures companies also need to file for disaster prevention, for example, ten years ago, my trading place had network backup and power backup. I think, especially for power backup, many people will say that I have a notebook and a notebook has a battery board, but we can't forget one thing. Ten years ago, broadband was connected through a modem. If there is a power failure, your modem will have no power. If there is no electricity, you can choose to report by phone, but you can only use it if there is no way to report by phone.

Let me give you another example of driving. When a friend asks me where to eat, I usually make a map first, and then I will choose a route as soon as possible. I will also give full consideration to this issue. For example, this road looks nearly two kilometers, but there are several schools here after work or after school, so I may avoid this road. As we all know, everyone's living conditions are good now. Usually, after school, one lane of the road will be occupied by vehicles picking up children, so your speed will be very slow. These are the basic points that I have summed up to make long-term stable profits.

Let me describe to you my experience of entering the stock futures market again. 1992 I was 12 years old. A subscription card was issued at that time. As we all know, subscription cards have made many Shanghainese rich overnight. Under the influence of my uncle, I am very interested in securities investment. After reading some books, I feel that this is an industry that can be successful through personal wisdom and hard work. So I began to learn the stock operation from 1993, and felt that the stock operation was relatively simple at that time, because there were more funds and fewer stocks, so it was easier to choose, and you could make money in it through some very simple methods.

From 65438 to 0996, I tried to make some stock lists, which just happened to catch up with the market in 1996 and 1997. But by 1998, we all know that 1998 was actually a gloomy year for the China stock market. Although I didn't lose money, I realized a problem. Doing stocks depends a little on the weather. Later, by a very accidental opportunity, I knew that there was such a thing as futures investment, and it could be traded in two directions, so I entered the training class of futures companies and just saw the K-line chart. I thought 1999 products, whether copper or soybeans, were at the bottom. I remember very clearly that in May of 1999, when the price of soybean should be around 2000, I entered.

The first order I went in was to buy more soybeans. Unfortunately, a neutral bar broke on May 2 1 day, so I stopped the loss in time and almost saved all my funds, because soybeans fell from May to 1800, which was equivalent to 10% of the futures price. So if you know the truth of stop loss because I was studying at that time, although I am very optimistic about doing more, I also cut the list.

Why did you choose to make soybeans? As we all know, after the rectification of the futures market of 1998, when the futures market of 1999 came in, it was actually a very depressed market, and there were few varieties that could be made, only soybeans, copper, mung beans and natural rubber had a little amount. At that time, copper was greatly influenced by the external market, and the price was almost discontinuous, so there were many gaps, so the risk was great. After listening to the words of the old-timers at that time, we all know the reason. The variety made by Zheng Shang is difficult to make, so we didn't make it, so we chose soybean. At first, it was mainly based on medium and long-term trend trading. There is another reason. After calculation, the futures company charged me five hops of soybeans at that time. What is the concept of five jumps? It's equivalent to 25 yuan on one side and 50 yuan back and forth, which means you have to jump to the sixth jump to make money. At that time, the price of soybeans was about 2,000 yuan, fluctuating by 30 to 40 every day, and it was only a dozen points when it was less. How did you do the five-jump short line? Moreover, at that time, there was no online self-compiled order, which was filled out by hand, which was very unsuitable for short-term. At that time, the trend was dominated by the mid-line band, but I was gradually exercising my short-term level.

When I first started to do futures, I paid more attention to two big concepts. The first futures market is a market that can generate huge profits. Relatively speaking, it is also a market where you lose all your principal in a short time, so I really want to find some trading methods that can flow for a long time. When I was in the stock market, I knew very well the power of compound interest growth. For example, if it doubles every year, it should be 10 to the second power after ten years, 1024 times, 1 10,000 yuan. After ten years, it can be transferred to10.24 million. If you can make a steady profit of 50% every year and earn almost 57 times after ten years, then it will be compared.

Because I mainly do technical analysis, I turned over the previous chart and found that it is not difficult to achieve these two goals. In fact, in the futures market, you can easily achieve this goal as long as you catch it once or twice a year at the market level, and the position does not need to be heavy. The second point is that I have a deep understanding of the futures market as soon as I came in. This is a negative sum game market, so you should go and see how your competitors are. I went to see it at that time, because we didn't belong to online trading at that time. Every day, everyone is in the retail hall. I saw the retail lobby and the large lobby, including the analysts of futures companies, but they gave me the impression that they were basically lazy and unprofessional, and I felt that this industry was more skilled.

For example, when the market opens every day, everyone is fighting for the landlord, hitting 80 points, and no one is taking any transaction records. Moreover, when they encounter extreme market, daily limit or daily limit, they just smile. Alas, today's soybean daily limit is actually a very serious matter. If you have an empty list, you are out of luck. If you have a lot of orders, you will make money. Why don't you seize this order? There are only a few opportunities a year. How can you be like a joke? Do you know how many opportunities you miss a year? In fact, it has been a balanced city for a long time. Just like playing Texas Hold 'em, you rarely get a good deck of cards. If you don't have everything from others, you can earn a few small chips. What are you playing? And at that time, after my research, soybean has a characteristic, which is greatly influenced by American beans. Every morning, it will produce some unreasonable gaps, but it will be corrected immediately.

For example, you can review the previous market. There are many high-opening, low-opening and high-opening on soybeans, and these high-opening, low-opening and high-opening are often good buying points and selling points for the head and bottom bands of a stage. I didn't expect to make so much money myself. I think the most important thing is that the market has been good for ten years. I have been telling my futures friends in the circle that the past decade has been the golden decade of our futures industry. Let me give you a simple example. In fact, if you want to make huge profits in the futures market, such as thousands of times and tens of thousands of times, you must need the market to be liquid first, followed by volatility.

From 2003 to last year, it was 20 13. In fact, in the past ten years, the fluctuation was relatively large. For example, in 2003, copper went from 1.5 million to 1.3 million in 2002, but it started from 1.5 million in 2003 and rose to 30,000 in 2004. At that time, it was quickly adjusted back, and the adjustment was also very large. As we all know, like these two years, the fluctuation of Shanghai copper is relatively small. Like 2003 -2004, it belongs to a super bull market. There was a good correction in 2004 and another super bull market in 2005. In 2005, copper started, rising from more than 20,000 points to 80,000 points, and futures prices quadrupled. Moreover, I remember that after the Spring Festival in 2005, soybean meal rose by 30% in more than ten days of trading, not to mention the financial crisis in 2008, and the market was very big. In 2009, it was 4 trillion yuan, which was also a super Big bounce market. 20 10 has star varieties of rubber and cotton, such as coke and rubber last year. So I think I can turn it over so many times, or this decade of market has made me.

I think the futures industry is more like speculation, but it is better now. In the past, the quality of employees including investors was very low. Why does everyone like to do it? I just want to get something for nothing. Just like why many people like to gamble in Macau, he wants to be recognized first, win others, and then get something for nothing. But I think in this industry, it will become more and more specialized in the future. Don't take chances, believe that no pains, no gains.

You can observe that in recent years, many successful investors are researchers. Futures companies used to be researchers, but after starting their own investment companies, they were very successful and ranked very high in many futures competitions. In fact, they used to earn about 10 thousand a month, but they get paid there every day, so it is inevitable to make achievements at once after many years. Just like a friend around me, he earned over 100 million yuan in about two years and managed a lot of money. I am his loyal customer, because I think there is still a big gap between integrated traders in many markets and him.

I think success sometimes covers everything, but failure also covers many things, such as your efforts, your efforts, your accumulation, and even your unfairness and bad luck. But I still firmly believe in my motto, even miracles will be in the hands of hard-working people. Because I have made great achievements in futures trading in recent years, and the futures industry has developed rapidly in recent years, for example, I bought a lot of new varieties last year, and this year is the first year of options, so the workload and study will be very large.

Compared with previous years, I will be lazy to some extent. Whenever I don't want to study and persist at this time, I always tell myself not to let your opponents work harder than you, because they still want to replace you, especially the cruel and magical industry of futures, and warn myself not to be their prey. Sometimes I watch some behind-the-scenes documentaries about sports, especially basketball. Friends who know me know that I am a basketball fan. For example, the Bayi People's Liberation Army in CBA won the championship for seven consecutive years. In their training hall, the slogan "Win glory for the motherland and add color to the military flag" is hung. Their team is no less antagonistic than playing in the finals. Old players always stick to the game with injuries, adding color to the flag.

My advice to you, for example, if you are a junior investor, you should learn to be more refined. Even if you don't read or listen to many things, you should pay the teacher well. Although it is possible that many things I summed up are nonsense for half an hour and 25 minutes, five minutes is the essence, so you should record the essence of these five minutes and summarize it later.

Let me give you a very vivid example. My sworn brother is Lin Jun, the founder of Horae Finance Club. He is called inspirational brother on the Internet and has earned one billion yuan. He went to sing karaoke with me. I wonder if you have heard of the blue and white porcelain in Jay Chou. Jay Chou is not a fast song. It's easier to sing than some fast songs, but its lyrics are a bit awkward and difficult to identify. This song was very popular in the past. I have heard many friends sing. Because of its fast pace, most people muddle along. This word is unclear, but only I, Lin Jun's eldest brother, can clearly say what he said. What's the problem? Explain that successful people pay great attention to details, will not muddle along, will not do things, and are willing to pay attention to what they like.

In our information-developed era, I believe many friends will find a lot of information and trading methods in the circle of friends or anywhere every day, but I think how much you really learn is the most important thing. Many people have a wide range of faces, but he is not good at it. He doesn't really want to trade anything. He will do it for a while, read the chart for a while, listen to the news for a while, and do the fundamentals for a while, and the trading plan is also very chaotic. I think hard-working investors should find their own trading methods and train and verify them repeatedly. Just like I am a technical analyst, I like watching K-line charts very much, and I am also good at it. For example, how to get out the next day when you are high and low? For example, whether it is 45 degrees slowly or horizontally, and finally pulled, or the way this positive line comes out is different, the effect will be different.

Some subtle things actually tell us many secrets, but many people are too lazy to pay attention to them. Just like some of my friends told me that they were doing technical analysis. I asked him what kind of products he was making. He said that a variety of stock indexes, you can't even tell the recent high and low points. What kind of technical analysis did you make? Also, I think if you want to practice short-term, you should watch more. For example, I have a friend who has a good sense of short-term trading. When he is not doing outside trading, he will also watch outside trading at night. He likes to watch the numbers jump, that is, when they are relatively concentrated, so I think successful investors are hardworking and persistent.

Finally, I also encourage those friends who work hard on the road to success. In fact, the futures market is in great need of talents. As long as you have real skills, I believe that funds will come soon. Don't do stupid things and make some low-level mistakes. And now with the progress of the financial industry, the identification of traders is becoming more and more comprehensive.

If it is my appraisal, a trader's principal may only be 10 thousand yuan, but he can earn 30%-50% every year for three to five years in a row. I will definitely choose him, depending on his capital withdrawal. I won't choose a person with an annual salary of 50 thousand from 10 thousand. When you start a business, it will be relatively harder than later. As I said before, your smallness may cover up your efforts, struggles and persistence, but in the development of the futures industry, including the asset management era, gold will not shine immediately. If you feel that you are really capable and buried, you can contact me after the meeting and join my team.

Finally, I want to clarify a question. June, 5438+October, 2008 10, China Business News made an exclusive interview for me, the original title was "Futures Should Be Yourself". I think the name futures fanatic is not suitable for me, because all my friends who get along with me know that I am a relatively low-key and friendly person, including that article. If you read it, you will find a lot, too. Just like my favorite NBA star is Duncan, not Kobe, James and McGrady, I am a low-key and humble person who likes stable development, so don't say that I am crazy about the future in the future. I think I am just a professional investor who is very self-disciplined, can do simple things to the extreme, and knows how to foster strengths and avoid weaknesses. If you insist on giving me a nickname, you can also call me Brother Insist, because my eldest brother is an inspirational brother. Please tell me to hold on, brother.