】 【Transfer point of view of a trader is not good trader

Natural features of the two traders:
1, greedy speculators
all the essential characteristics: greed!! No one will admit to greed, corruption had always others!
However, in the context of transactions , greed is a very common word. no matter how successful traders, they will never meet!! This is also the driving force for their hard work every day.
While greed is a trader profitable trading system for the main factors, but is also the main reason he could not follow the system!! in a vacuum environment in trade is very difficult, prominent traders tend to their own completely isolated from the undue influence of their transactions by outside factors. purely technical school do not read newspapers or news, because they fear will be affected in the subconscious.
greed caused by deception over the second approach is to determine our system signals made huge profits. This is very dangerous!! for our good and bad signal recognition signals instinct is often wrong. system was recently good performance, traders tend to raise the level of the system transactions. This is a road of self-destruction!! have a mechanical trading system, the purpose is to exclude all of the emotional decision-making. So, when you follow the trading system, not to poison you want to exclude yield!!!
2, fear? the fear of failure and losing money!
all speculators human characteristics: fear? the fear of failure and losing money!! Everybody wants to their win, while also fear they will lose.
system traders because of the same emotions and give up the system and lose their prey. Will never change is that you miss the trading signals are profitable!
Not subject to emotional disturbance. You need to offset the chance of big profits in many small losses!
Do system trading, the most deadly fear is the fear of the system will eventually be a loss rather than profit. This fear often occur in the system during the consecutive losses!
China has the marks of this: forewarned is forearmed, while not pre-waste. China has a proverb: If I had known three days things rich thousand years. This is the people's life and struggle in the long-term summed up the experience, which fully demonstrates the importance of predicted or expected or anticipated forecast is correct there will be good returns.
ancient people to scramble for wealth, women, land, tribal, ethnic, countries always fighting frequently, in order to avoid the risk of being eliminated, people predict the evolution of the habit gradually. Research shows that after a long evolution, the human form of brain systems have a "prediction addiction" structure, this structure with the heart to beat, lungs to close them as part of physiological needs is people. To modern society, less war, there was a stock, futures, foreign exchange market, in which the risks and opportunities throughout the market, people tend to ignore the risks, the potential to gain huge profits, it's forecast to be a harsh addiction to enlarge the.
our living environment, many things change is predictable, such as astronomers can calculate the next solar eclipse eclipse the exact time to work the whole day, people know what time the most powerful way to block, bribery veteran know what time where a "coincidence" to officials, etc., these things can be predicted to have been people to use their own service. In other words, people can use some of the things that can be predicted to serve their interests. In this way, people will assume the stock market hope to predict changes in easy access to wealth.
have such a desire is not wrong, all people would dream of wealth and wealth brought to human freedom and dignity, can be predicted is a human dream! Unfortunately, the stock market is a chaotic system, that is, the identification of nonlinear dynamic system and thoroughly crush this dream.
chaotic system has three key elements: First, the sensitive dependence on initial conditions; second, critical level, here is the point of non-linear events; Third, fractal dimension, it shows the unity of order and disorder . Chaotic systems are often self-feedback system, things will go back out again through the transformation out of the cycle, endless, any slight difference between the initial value will be exponentially amplified, thus leading to the system is not inherently long-term forecast.
famous Nobel Prize winner, founder of Prigogine dissipative theory (school) that: a sufficient certainty complex unstable system can be equivalent to the unpredictable evolution of the probability of the process, which is the so-called Maltese can Cardiff process. This statement easy to understand, complex enough for the stock market has never been stable, its deterministic evolution of the probability that the process is unpredictable.
chaotic system is a universal law, for the most closely linked with the stock market than macroeconomic, and macro-economic system is a more complicated than the stock market chaotic system, based on the same token, for the macro economy, the same can not be done long-term forecast.
the end of each separate ways the so-called economists, investment banks have in the media spotlight, to express their economic forecasts for the coming year. Unknown to the people in the thought of learning how these people realize that these people may not know is how their own economic forecast, anyway was wrong not need to pay taxes, and no one to blame. Even as Federal Reserve Chairman Alan Greenspan
to master large amounts of information that people are turning point in the economy can not effectively forecast of Wall Street and the country as the company has begun to dissolve their U.S. economics departments, and some of our country The so-called well-known economists is particularly interested in the forecast, it is sad that we even have to dig into their pockets to support a taxpayer is called "a certain economic forecasting department" of the state organs and departments.
economists may be economic benefits to all scholars and public interest groups, the largest one, economists should be more progress for the benefit of society as a whole should not be the same as the TV star
keen on the spotlight, grandstanding . Therefore, I recommend economists stop absurd, and now the whole world knows economic forecasts often become the laughing stock, "the role proved to be entertaining, but no use," a more insightful to say is "Economic home of a forecast, God laughs. "
forecast the stock market joke more. Investors may recall that before the end of 2001, when the bull market and the institutions which call 2600 points, 3100 points, what are people and institutions in the fall of 2002 when the stock market madness shouting 1,000 points, 700 points? Bookstores are also lying on the body of fine print in black and white to read the report in the coming year, they forecast the stock market volatility point and, if you look at, I believe you will not believe that lie was!
scientific evidence, the stock market is unlikely to be a long-term forecast. Many people worked tirelessly studying the stock market, hoping to make accurate forecasts on the stock market in their own failed had thought their own not working hard enough, the level is not high enough, I thought the world truly skilled are able to accurately predict the stock market, such a person is Dianxing "in the navigation of the sea line the wrong direction" and, in addition to the spirit can be good, there is no merit. Well now, scientific conclusions have, no one need go for the stock market where the future will bother. If he just someone to engage in any prediction, I can only quote the words of an old saying: "do things knowing they are impossible for the unwise."
Therefore, a saying on Wall Street, said: "A good operator instead is a manipulator of no opinions." This phrase means that: a truly successful investor in the investment process without prior assumptions which direction the stock market should be walk, that is, do not do forecasts, but to tell him the stock market where stocks would go, he only respond to the trend of the stock market it, he does not seek to prove that their view is correct.
more clever, such as George Soros, the recognized stock market is unpredictable, simply draw the quantum theory of "quantum uncertainty principle\
investors do not have to explain the stock market, stock market ups and downs do not have to find the motivation, do not do long-term forecasts on the stock market, these conclusions are derived from chaos theory.
seems inexorably subvert chaos theory is about how the world works we are comfortable assuming, chaos theory does not seem friendly, it is to take us to where?
you've probably 99 percent of the time is spent in explaining the stock market, look for the causes, predict the stock market. Now, chaos theory tells you not to do this useful work, you should spend a lot of time to find the internal order or say the stock market rules, even if you find a little bit of law, must congratulate you.
Our conclusion is that you do not have to explain why the market the past, but also unnecessary predict what the future market, but you must know what you do now!