Discussions among the group Leek Egg Noodles

trading and gambling

chief sleep expert at ma jiao institute of technology

Ordinary investment is not gambling. Stocks, bonds, funds and other investment products that generate interest can obtain stable and considerable returns through reasonable management. Gambling is not like this. Gambling is just a game of probability, and casinos have reduced the overall winning rate of gamblers to below zero through mathematical algorithms. According to the principle of big data, they are sure to make money without losing money. No matter how skilled you are and how lucky you a

The one who buys is the apprentice, and the one who sells is the master, so wrong?

chief sleep expert at ma jiao institute of technology

A friend of the sound factory recommended a discussion to me, "If you can buy, you are an apprentice, and if you can sell, you are a master? Big mistake!" The author questioned this classic saying that is widely circulated in the trading industry. He first said two points : ① Carrying orders is an important reason for the loss of retail investors, ② Entering the market at will is the main technical error made by retail investors. Based on these two points, he concluded that the reason why retail

Do you really know what is going with the trend and what is going against the trend?

chief sleep expert at ma jiao institute of technology

Trend traders all understand the importance of trading with the trend, but in actual operation, they often appear to be trapped when they place an order with the trend. Soon after placing the order, they will have to bear a large floating loss or directly sweep the loss, and sometimes even cause a large loss until The situation of liquidation. Many people who oppose trend trading completely lose confidence in trend trading because of this, and return to the so-called swing trading of "searching

The essence of speculative trading - to participate in risk and control risk.

chief sleep expert at ma jiao institute of technology

The essential difference between investment and speculation lies in the risks taken. The type and size of investment risks are generally predictable and controllable, and the possibility of losing all the principal is very small. At the same time, many investment activities are time-limited. It can only be borne to the end; while the time, type and size of speculative risks are unpredictable and uncontrollable, the possibility of losing all principal and even debts is very high, but speculative

Why do you run when you win, and die when you lose? It turns out that this is the commonality of human beings! - Kahneman's law of risk

chief sleep expert at ma jiao institute of technology

Daniel Kahneman, Jewish American, psychologist, born in 1954, won the Nobel Prize in Economics in 2002. His research method is to combine psychology and economics to study how people will make decisions in the face of uncertainty. Classical economic theory has two foundations based on sediment: one is the assumption of rational economic man; the other is the assumption of a perfectly competitive market. These two assumptions determine that people will only respond to external stimuli. However,

Where does the negative emotion in trading come from? How should it be avoided?

chief sleep expert at ma jiao institute of technology

An important factor that causes most traders to lose money is not ignorance, but negative emotions in trading. Many people are always affected by their personal emotions in actual operations. When they see the market jumping, they blush, their heartbeats and blood pressure rise, and their minds go blank. In operation, they either follow the market to chase ups and downs, or follow their intuition to find the top and buy the bottom. They are always random If you make orders, you will end up losin

16 Fantasies of Leek Traders

chief sleep expert at ma jiao institute of technology

1. The fantasy of profiteering It is true that leveraged speculative transactions can bring huge profits relative to any other industry. Because of compound interest factors, the risk-reward ratio of transactions that can maintain long-term stable profits is even more advantageous than gambling, robbery and drug trafficking. But this does not mean that traders can get rich in the short term. It is not uncommon for such a thing to happen, but the probability of it happening is higher than that of

How to build a reliable trend trading system?

chief sleep expert at ma jiao institute of technology

Thank you for the invitation of the sound factory. With the title of the teacher "Jiaoyi Golden Eagle", I will also talk about "how to build a reliable trend trading system". This topic contains three meanings, systematic trading, trend trading and reliable trading. In the original text, the teacher "Jiaoyi Golden Eagle" introduced in detail the concept, structure and methods of his trading system, which is worth learning and learning from. But systematic trading is a topic with thousands of peo

Are you here to liquidate your position, or do you come back and forth? ——On the self-cultivation of a leek!

chief sleep expert at ma jiao institute of technology

As a senior leek, I understand very well the thinking of "leek" friends who make orders. The reasons for the repeated losses of leeks are all ideological and ideological, and they are deeply rooted. Doomed to be painful, the outcome of the transaction is doomed to be tragic. The sad thing is that leeks generally don't know how to reflect. The so-called "Qin people don't have time to mourn for themselves, but later generations mourn; This article is mourning for leeks, and taking leeks as a lesso

The Essence of Building a Trading System/Trading Technique

chief sleep expert at ma jiao institute of technology

The Huihu platform organized an offline event, and Mazhao was going to join in the fun. Looking at the event flow, the big names are in the front, and the hemp claws are in the back. A big coffee is like a star hotel, although it is tall and elegant, Mazhao is like a fly restaurant, fortunately, the quantity is sufficient and affordable. The following is the first part of the speech draft compiled during this period. It is called "Essence of Establishing a Trading System/Trading Technology". Man

Seven things a novice trader can't do

chief sleep expert at ma jiao institute of technology

Trading cannot create wealth, it can only transfer wealth. There are as many legends of getting rich as there are tragedies of bankruptcy. Regardless of whether you have just entered the pit, or you have been losing money steadily for ten years, and whether you have a small account of only 200 US dollars or a huge account of 180,000 US dollars, as long as you have not made stable profits, you have not yet been able to make money in the foreign exchange market. Continue to make more profits than

Seriously, why do we always take profitable orders as losses?

chief sleep expert at ma jiao institute of technology

Trading is the process of moving from one mistake to another. In Zeng Guofan's words, it is "repeated failures and repeated battles", and the process of learning trading is a process of constant "deny, affirmation, and negation". Whenever you rush back to the market because you think you have something to gain, the market will always hit you again with novel or old-fashioned scripts. The stop loss was broken by an old problem yesterday. I was short and short, and the market also went short, but

God help those who help themselves, foreign exchange novice should be alert to the inside story of the industry!

chief sleep expert at ma jiao institute of technology

Mazhao has repeatedly emphasized in the article that even with the most conservative trading strategy, compared with any other industry, the potential income brought by foreign exchange margin speculative trading is at the level of huge profits, and this is its greatest charm. Just as blood attracts flies, huge profits attract scammers, who use all kinds of tricks to defraud traders of their principal. Because it is too difficult to achieve stable profits and continuous compound interest, some o