Dialogue with Zhu Mo: At which stage the price is, I will do the operation at which stage

Qihe Network Note: The dialogue with the think tank guests is only for research purposes and does not represent the views and recommendations of Qihe Network. Financial investment risks are numerous, and may the users of Qihe Network be rational and cautious.

Zhu Mo

Jiangxi Jingdezhen people, medium and long-term manual trading, mainly based on technical analysis, has its own independent trading system. In just 19 months of entering the market, it has achieved more than 6 times the profit.

Highlights:

Technology is not the focus, human nature is the key, and the relationship between Tao and art must always be corrected.

There are no shortcuts on this path, and we must continue to think continuously and intently.

No trading system can perfectly solve the alternation of trending markets and oscillating markets, nor is there any money curve that is a straight line, except for speculators.

The vast majority of people are unable to adhere to the system discipline without adapting to the market, which is also the root cause of the overall loss.

I use the OTC capital management method, the position in the market is close to full position, but this kind of money management method I do not recommend everyone to use, it requires a big pattern, a big heart and a violation of human nature, the execution of discipline and the belief in trading, under this extreme pressure operation will often be deformed.

The market is like a cake, everyone has the luxury of eating the whole cake in one bite, and I want to cut it down and taste it slowly.

Long-term want to earn a small profit on speculation, intraday want to get short-term income is unrealistic, do your own operation, belong to your nature will come, do not force that do not belong to you.

The only constant in this market is change.

For the operation method of long-term positions, there is no problem of capital bottleneck in theory, for example, the multi-variety comprehensive strategy can digest the capital capacity well.

The price is the result of the game between the bulls and the bears, not any information.

All the trading information that the fundamentals and technicals give me is only a reference, and I will do the operation at which stage the price is in. Respect the price, respect the system.

I came to this market not to draw lines, but to make money.

The trend is unrecognizable, blocking the right side of the market, just looking to the left you will never know what will happen next.

Many people who have been eliminated by this market are not skilled, but they are not practicing enough.

I think (quantitative trading) is the only reliable way to achieve consistent profitability, subjective trading always feels a little fear of the unknown and a dazedness about predictions.

Entering this industry, I think anyone should have only one simple purpose: to make money! This is also the basis for your life in this industry.

What is the core of everyone's trading? Keep thinking is your only way.

Hello Mr. Zhu Mo, thank you for your in-depth dialogue with Qihe Network. You haven't been doing futures for a long time, how did you get involved in the futures industry in the first place? And what made you decide to enter this market?

Zhu Mo: Before doing futures, I had a short-term stock investment experience for several months, and after two circuit breakers, I cleared my position and exited, benefiting 30%. In that process, I felt that t+1 and the one-way trading system were a constraint, and after the first taste of investment, I also wanted to have a larger space, so I began to look for t+0 and two-way trading markets. At that time, a friend around me was engaged in futures trading for two or three years, and there was a small profit, so he recommended futures to me, and I also contacted and entered the market.

Qihe Network 2, many people often have to pay a large amount of tuition to the market when they first enter the futures market, but you have only been doing futures for 19 months, but you have achieved more than 6 times the income, what do you think are the main reasons why you can achieve such good results? Are you satisfied with this result?

Zhu Mo: I have also paid tuition fees, but the time is relatively short and the cost is relatively small. I had done a month's short-term speculation order before, and I lost 20,000 yuan, so I stopped in time for three months of reflection. During that time, I gradually changed direction and re-entered the market after establishing and perfecting the concept and trading system of long-term trend positions. In the process of investment, I deeply feel that technology is not the focus, human nature is the key, and the relationship between Tao and technology must always be correct, just like the sentence "Don't care about those details". At the moment, I feel that I am more satisfied with my operation and results.

Some investors said that maintaining long-term steady profitability in the futures market is the most important, do you think your achievements are sustainable in the future?

Zhu Mo: From July 2016, when I reflected on re-entering the futures market, in March 2017, I made a framework adjustment to the trading system, and it should be regarded as a continuous profit for more than a year. In the later stage, some fine-tuning may be made in trading with the evolution of the market, but under the premise of not violating trading principles and discipline, I think that the annual statistical profit can still be continued.