Gann 28

1. The risk of each transaction must not exceed 10% of the transaction principal, that is, 10% of the transaction principal is used as the standard for stop loss. Therefore streaking is strictly prohibited.
2. After entering the market, you must never blindly close positions due to lack of patience. It takes time for the market to unfold. Before the market proves that your operation is wrong, you must have enough confidence and patience.
3. Use the stop loss order carefully to reduce the probability of each operation. The setting of the stop loss order requires skill, and the skill comes from experience and so-called technology.
4. Never overtrade. What is overtrading?
Is it frequent transactions? Wrong, enlarged transactions that exceed one's own capacity are called excessive transactions.
That is, assuming that there is only 100 yuan at home, you can only use 1/3 or 30 yuan to trade, and you must not embezzle your children’s school money, parents’ pension money, medical treatment money, and your house purchase money to ensure that your family can live in peace, otherwise you will lose money for a while. If there is any trouble, you will go crazy because you can't afford to lose. If you lose everything, you will die, and you deserve it because you don't follow the rules. Therefore, there must be no excessive trading, no financing, no borrowing, let alone usury.
 
5. To avoid the phenomenon of profit-taking, it is necessary to use technology and experience to conduct appropriate regulation.
What is profit-taking?
Making money but not selling it is called profit-taking, what should I do?
Use your experience and technology to control, that is, to constantly adjust your take-profit standard line.
 
6. Never trade against the general trend. Especially for futures, those who go against the general trend will die. Master Gann never said to buy on dips, otherwise he would not be a master.
 
7. If the market situation is unclear, stop the operation immediately. The market situation is unclear, that is, there is no trend state. It is not too late to stop any operation until the market situation is clear.
 
8. Only trade in active markets. What is an active trading market? The introduction of Gann's futures to the stock market means that whichever sector is active and activated, you have to do which sector.
 
9. Only two to three trading objects can be traded at the same time.
The so-called don't put all your eggs in one basket is pure fallacy. I ask you, how many rotten eggs do you need to put in your different broken baskets?
The reason why the fund is scattered is that the China Securities Regulatory Commission does not allow it to own 3% of a certain stock's float, otherwise it will be raised. As for mass traders with very few positions, they must gather funds, because only clenched fists can hit people. Therefore, the control of risk is not the degree of dispersion of the transaction target, but the control of the price, which is the root of risk control. So, if you have a fund of 1 million, you should only get one, and if you have less than 10 million, you should not exceed three. At the same time, pay attention to the size of the plate. , to analyze specific issues.
 
10. It is absolutely not allowed to limit the price of trading at critical moments, otherwise you will lose the big because of the small. What is price limit trading?
The trading order sent by the operator is transmitted to the exchange through a series of servers. During this period, there is a time delay of about 10 seconds. Therefore, the order price cannot be placed at the current price displayed on the screen, otherwise the transaction will often fail. Therefore, pending orders and spot orders are strictly prohibited, especially futures, turbo (warrants), not to mention, if you trade at such a current price, you are dead.