This book is a new book written by Mr. Huang Shenggen, a senior trading expert from COFCO Futures Company and known as the "Brass Aluminum" in the industry, after ten years. Ten years since the last edition of the book was published, Teacher Huang has experienced several commodity market transactions and formed a new understanding of the market. Compared with the previous book which focused on market analysis and trend analysis and judgment strategies, this book focuses more on trading strategies, capital management and trading psychology. Teacher Huang believes that the success of futures trading has a certain probability. Instead of betting on a small probability of a big win, it is better to bet on a high probability of a small win. By subdividing the chip funds, you can win more trading opportunities for yourself, thereby accumulating small wins, maintaining a stable annualized rate of return, and becoming a winner in your trading life.
Reader comments
He emphasized the importance of trading strategy, money management and trading psychology, which was very inspiring. The ideas in the book are very practical, especially the parts about probability and subdivided chip funds, which are very helpful for people who want to make stable profits in the futures market. I feel that the author is very pragmatic and worth reading!
Thorough analysis and concise summary
It has a very good guiding role in thinking for the overall operation of futures.
It is a book worth reading. It is very good. Although there is no very specific technical analysis of entry and exit, there are many more important concepts.
True and objective, in the thirty years of futures trading, the mistakes he has made are actually the guiding light for those who come after him.
He emphasized the importance of trading strategy, money management and trading psychology, which was very inspiring. The ideas in the book are very practical, especially the parts about probability and subdivided chip funds, which are very helpful for people who want to make stable profits in the futures market. I feel that the author is very pragmatic and worth reading!
Thorough analysis and concise summary
It has a very good guiding role in thinking for the overall operation of futures.
It is a book worth reading. It is very good. Although there is no very specific technical analysis of entry and exit, there are many more important concepts.
True and objective, in the thirty years of futures trading, the mistakes he has made are actually the guiding light for those who come after him.