What are the futures trading tips for beginners?

1: Clarify the trading cycle. For example: day trading, short-term trading, trend trading, swing trading, etc. If it is not clear, you will fall into a vicious circle of confusing trading methods, leading to losses.

2: Stop loss! ! ! This is the most important thing. You can use equity percentage or resistance level. In short, you must set a stop loss before opening a position.

3: Fund management! ! You may have seen people who trade heavily and their account funds have doubled several times in a few days. In fact, this kind of people are the most likely to go bankrupt. Basically no good futures book mentions fund management, so I won’t go into details here.

4: It’s the rules, your opening rules, you must adopt the same opening rules to ensure your accuracy and balance. Futures trading is a game of probability, and the most taboo thing is to open the position after the market opens. To make decisions, subjective trading will inevitably lead to death.

5: Mentality! , I think this should be put first. As the saying goes, there is nothing new on Wall Street. Technology is changing, the world is changing, but human nature will not change. After countless investors have practiced for several years, their theoretical knowledge should be almost the same.