Chao Hui Getting Started: winning investment habits

1. Survival’s Law: the principles by opening the granary, short-term principle, the principle of maximum risk amount of three members; to protect the safety of the capital is to invest the core of the law! This is all investment laws and investment strategies of the cornerstone. As a professional investment managers, the lowest level for the next 10 years, the long-term steady development and survival, reduce risk, avoid risk, control risk is the most important!
2. Greatest risk amount principle: the greatest loss of any transaction are no more than 5% of assets, is the law of survival of the last layer of protection wall. Beyond the control of losses, the risk / reward ratio is too high the transaction is improper trading, like stability and development, we must avoid the DD improper trading. Deficit can not afford to stand against any accident, out of respect we’ve got nothing!
3. Will not do anything the absence of a stop-loss trading. To a stop on the habits of discipline immediately closed position. Trading the absence of a stop just like on the battlefield naked bullet-proof vests, imminent disaster will lead to a sudden termination of life, the correct habits of the first stop is a mature, will save your financial life.
4. Patience, basic skills, one must abandon the abandoned grasp can take this too; only insisted on doing their own investment criteria, the investment break, Jane to success, in a simple response to complex, grasp the medium-term time frame, with infinite patience to wait! Discard non-conforming gambling, can be very easy to capacity outside of this opportunity to say “no.” Market risk is limited space for a huge profit strategic opportunity! No non-winning shot. In the long term, good patience, will eventually reap big rewards!
Patient DD trend remains unchanged, the same position! Hold a strong position! ! ! For a follow-up to trend in the medium and long term trading positions are concerned, there should be no rush to make a small profit off the bag for the security of the heart, because the market will eventually take your discarded lose your status.
5. Self-discipline, basic skills of the two, there is no talk about the implementation of everything that is a perfect system can not be effective, because the weakest link is the weakness of human nature, we must constraint, constraint, and then bound. The market is uncontrollable, we can control only our own, an ability to control their own actions are impossible to achieve success. —— The key to success lies in the consistency of the continuity of the ability to trade and self-discipline!
6. The courage of the three basic skills, courage, and courage, knowledge and culture can be derived, according to probability and signal into the market. If the lack of courage to enter the market, you will accomplish nothing. When confidence in a transaction when the concentrate Opening attack, has the courage to establish large positions! Those cowardly inaction, brave difficult to keep. The courage to be constructed on an effective strategy, in the transaction any laws in conflict with the emergence and survival strategy or principle, we should first obey rules of survival.
7. Continuity and consistency, the four basic skills. The objective of maintaining consistency and continuity of the transaction is conducive to the implementation of a firm! Truly abandon the subjective and objective trading, the probability of success, and ultimately achieving a smooth profitable means.
8. Focus on improving trading every turn! A very high chance of winning the object, we should concentrate our efforts on the opportunity to really grasp!
9. Willing to objectively follow suit, calmly deal with! Calm things beyond their ability to give up, do not expect to be able to buy the lowest point of the old and throw the lowest point, in the end, specializes dry runs the risk of low-energy matter; highest at the top with the flat section of a whole paragraph of those who return to trend, pros and cons of giving up short-term fluctuations, tolerance of those who failed taking the trend is the most successful habits!
10. Trends, for all markets, determine the trend is the most important point; will not reverse the general trend of transactions (Hite). Conviction, there must be market development trends! National Cheng Kung University to do the general trend by the industry! The long term, without doubt firmly abide by their own effective system is best for me.
11. Qingcang is the gateway to the key to success! Remember it firmly in their hearts, in the midline in the proper ways of trading, do not care about your position is too small, because your plan is to have proven the correct position on the overweight, the only way to truly win a small loss more.
12. Important thing is not your right to determine whether the market correctly, but when you are judicious amount of money, at the wrong time to determine how much money they lose! The transaction may not always be Jiancang signals are all good points, should be brought forward to set up a trading range for the stop-loss reserve a certain space, so that trade can prevent the transition.
13. Is the capital city, long-short period of predatory war, a variety of uncertainties and highly variable, long-short admission are based on each group of K-line structure, and have expressed a partial outcome of this struggle; prices often reflect fluctuations in disorderly, so there is no can be determined once and for all kind of ways to earn money, over the cost of its energy on improving the details are futile, and we only seek to secure the strategic premise, grasp the band and orderly; only when the power imbalance between the two sides, the trend will begin, and gradually accelerated, the collapse of the majority party is sure to be ruthless to post, and the prices will come to an end.
14. Thanks life, trading is also a part of life. Transactions in order to realize themselves, not just for money. Of investment to maintain the correct attitude, calm quiet trading, they will not miss the big move.