I just entered the stock market as a short-term trader, and I have probably done several hundred short-term trades. At that time, I thought I liked short-term, but later I gradually found that I was not suitable for short-term. So slowly holding shares for longer and longer, and later it became a transaction once every two months. At this time, I saw the books on value investment, and I admired the masters who made long-term investments in the books for their gains of dozens of times and hundreds of times. So I began to learn to do long-term work.

I remember that my longest shareholding was holding bank shares, and it didn't go up much after more than two years. Later, I couldn't bear it mentally, so I sold it. When I was good, I vaguely felt that long-term work was not suitable for me. At least it doesn't suit my personality.

I gradually realized that what system a person chooses to trade is related to his personality, experience and understanding. Your favorite trading system is not necessarily suitable for you.

At this time, I recalled wrestling, a sport that I fought many battles in school. I thought that the trading method similar to wrestling should be the most suitable and comfortable one for me. So I began to close my trading mode to my wrestling mode, and gradually formed a trading system suitable for my personality characteristics and trading expertise.

The biggest advantage of using such a system is that you are very confident and know what you should do at any time. The most suitable trading system will in turn affect your trading ideas and even your life beliefs.

I started to enter the stock market in the summer solstice on June 22nd, 17. At that time, I just had some spare money and wanted to make some investments. I didn't know anything about stocks at all. I invested 30 thousand in advance and wanted to try water. As a result, it quickly made a profit of three or four thousand. Basically, I will buy whichever stock has just fallen. However, as time goes on, by the end of 17, there is basically no loss or profit. Then I changed my strategy and started chasing the big white horse. Then ... chasing up and down for half a year, I actually traded more than 900 times a year. I was unwilling to lose money. I wanted to return to my capital as soon as possible and kept adding money, and I lost a lot of blood.

In the second half of last year, I began to systematically learn some knowledge about stocks. Instead of chasing up and down every day, I began to patiently analyze the company's fundamentals, stock prices, policy shifts and so on. Gradually start to reduce losses. Up to now, I basically have my own views on stock investment and some operational strategies. To tell the truth, I haven't experienced a complete bull and bear, and I dare not say whether my system is reasonable or not, nor can I say that I can fully implement the operation according to my own strategy. Exercise slowly, the strategy is easy to make, but human nature is hard to overcome. The stock market is a practice, and only those who can overcome human nature can truly gain benefits.

I remember that I first stepped into the stock market in late 2006 and early 2007, when I entered the bull market and met my master! My master is Niu San, who entered the stock market on the first day of the establishment of A shares. He also taught me long-term value investment. He is also my classmate's father!

Like everyone else, although I have a very powerful master, I chose speculation and short-term day trading at the beginning, because long-term value investment is too boring and takes too long, and there is no pleasure of fast-forward and fast-out, and the feeling of seeing profit take off!

So I made a small profit in the big bull market in 2007, but it didn't take long to enter the bear market in 2008, not only eating all my profits, but also losing a lot of money! Fortunately, there was not much money at that time, so the amount of loss was completely acceptable! But my master has locked in profits all the way to the end of the bear market, which is where long-term investment is fierce! !

So since then, I have been studying long-term value investment, even studying and reading Buffett's strategies and viewpoints, instead of learning his indicators and techniques! Gradually, I understand the significance of the stock market ups and downs, the law of the cycle, and have formulated my own investment strategy! In the bull market of 20 12-20 14, I made huge profits on a stock in a growth enterprise market, and locked in profits at a high level in exchange for physical investment! I laid the foundation for my successful investment!

So to sum up, I think a successful investor needs two complete bull and bear markets to establish his own trading system;

Therefore, a successful investor needs at least two complete bull and bear markets, and the time should be about 10 years. If it goes well, the third complete bull and bear market is the verification and success of your trading strategy! And my trading strategy is to make use of the periodicity of A-shares where there are bears and cows to make layout and investment, buy the layout on dips at the bottom of the bear market, and wait patiently for the arrival of the bull market to make a profit!

Take this as the major premise and strategy, and then gradually improve, improve and optimize! Do not buy the sky-high price, do not sell the land price, do not try to catch the highest price and the lowest price, it is good to eat the middle paragraph!

My trading experience may be different from that of most people.

I graduated from college and directly entered a sugar trading enterprise to do futures, mainly studying the fundamentals of sugar. Yes, I entered the market with fundamentals. This is different from many people's initial learning technology analysis. It's not completely fundamental. During the three years I worked there, I also taught myself a lot of technical indicators, but I still focused on the fundamentals of sugar.

When I left there, I left the spot circle. The fundamentals were out of touch, and I began to specialize in technical analysis. During the period, I made my own transaction, and I did it in the day with pure technology. As a result, I broke the position. Then I went to the agency to do transactions, which is also technology. I also did statistical arbitrage in the band, and the effect was ok. I made money for the company. However, I always feel that something is missing, and I always want to explore the reasons for price fluctuations. However, the disk only provides signals, and I really don't understand what the driving factor is.

Then, just one institution is short of researchers. I returned to the embrace of fundamentals and picked up the fundamental research. It happens that there are different kinds of researchers in the unit, so I will learn from them the fundamental research of other varieties. At that time, it was already the sixth year of our futures trading. I believe many people have their own trading systems for six years. And I'm still choosing technical analysis or fundamentals.

In the seventh year, I began to have my own trading system, which can't be said to be a trading system. Because it looks like nothing, I use fundamentals as a "filter" and leave the main trading rules to technology. When the fundamentals and technical aspects vibrate, I do it very smoothly and hold a stable position. When the fundamentals and technical aspects fight, I will lower my position and lower my expectations. Therefore, I am more like a subjective trader than a quantitative trader.

Until now, I am still using this trading system (it is a trading system). Anyway, I found it myself, so I thought it was. Anyway, I use it well.

How long did it take you to find a trading system that suits you?

In fact, everyone's receiving ability is different, so the time to find a suitable trading system is also different.

For me, it took two or three years to learn from a teacher, so it was faster than a normal trader.

I didn't touch futures at first, but I didn't understand it when I started doing it, so I wanted to try trading on my own, but the result was not very good. Later, I learned from my friends that I could find a teacher to learn, and then I decisively signed up for a training class. Later, I found that it really worked, and I also found that I could really make a stable profit.

No matter how you trade, the most important thing is to find a learning method that suits you, so that you can get twice the result with half the effort in trading, or you can find a trading system that suits you faster.

Establishing your own trading system should be suitable for you, so as to help you make a stable profit.

I am also investing in the stock market, and I am still groping for stock trading. I just have some ideas about banking stocks and other financial stocks, and I am more sure about the fund.

I started to buy funds in 2003, but I didn't know so much, just an ordinary sum of money to purchase. But by 2004, the market began to fall, and my fund lost money. Fortunately, I started the fund's fixed investment in early 2004, and the fund's fixed investment was also a loss.

However, I didn't rush to sell these funds. Those who decided to invest continued to deduct money every month, and the market continued to fall. By 2005, it fell below 1000, and my funds naturally lost a lot.

However, at the end of 2005, after the stock market started to rise, it also rose very quickly. Because I kept lowering the average cost by investing in the fund, my fund quickly returned to its original value and began to make money. Looking at the fund to make money, I feel too slow, so I opened a stock account to buy stocks, and the fund continued to vote.

By March and April of 2007, all my funds had doubled, and I sold some of them. Then the stock market went up more and more crazily, and my stock also earned much more than the fund.

By the end of 2007, before the stock reached the highest level, I sold most of the funds, but the stock increased a little, and then ushered in the big bear market. Fortunately, most of my funds have been sold, and I have made money, some even tripled, but my stock is miserable, which may be the same as many old investors.

It is in this round from the bear market, to the bull market, and then to the bear market that I began to master the investment mode of the fund. We must make a serious and sustained investment, and we must sell the bag when the profit reaches our expectations. Also in the subsequent process of fund fixed investment, I constantly accumulated experience and continued to learn how to evaluate each fund. (This is also the reason why the fund evaluation series launched by Caiming is so popular. It is really the experience of blood and sweat.)

From mid-2008, the second round of fixed investment in my life, until I redeemed it in March of 20 15, doubled again, and the average annualized rate of return exceeded 15%. This time, it confirmed that the fund investment operation rules I summarized were effective.

In terms of stocks, I struggled for several years after 2008, until I cancelled my stock account in 20 1 1 and opened a Hong Kong stock account instead. On the contrary, I got some insights from investing in Hong Kong stocks for several years, so I reopened my A-share account in September 20 14, just at the beginning of that bull market.

The main purpose of the stock I buy now is to keep in touch with the market. At the same time, I have a relatively good experience in banking stocks. After all, I have been in the financial industry, so I am ok with insurance stocks.

Limited by my energy, I may not try to study stock investment in the future. Now that I have a set of rules for fund investment, which can bring me good returns, I will mainly use my funds for fund investment, including Public Offering of Fund at home and Public Offering of Fund abroad.

It took me more than ten years to find a suitable operation method for stock trading.

For example, when the Shanghai Composite Index peaked at 3,288 in March last year, all the stocks were sold, and they rested for 9 months. Last month, they began to buy stocks again. Man Cang expects to sell them all after the Spring Festival when the Shanghai Composite Index peaked.

This is the stock trading method suitable for my operation.

After reading many people's answers, some of them feel the same way. Basically, it is a few years. The specific time varies from person to person, and it depends on what you are doing.

After going abroad in 1997, a relative did business there. At that time, he still entrusted a Swiss bank to do business and told me some relevant knowledge. At that time, he was very interested, and he felt that leveraged trading was a bit risky and not as rich as his relatives, so he put it on hold.

Because I studied a macro major, when I was studying abroad, I began to play trading with some funds. At that time, almost all my spare time was devoted to trading and studying. I stayed in the dormitory all day, and people on the same floor wondered what I was busy with every day. I have read a lot of books about trading and finance in the library of the Department of Economics, and spent a lot of money on technical books (copyright books are really expensive).

Later, I used a software that made my own trading system. As long as I imported the data, I made my own trading system, and then I tested the trading system back (mainstream domestic software has this function in recent years). At that time, I made hundreds of sets of trading models, always doing system optimization. At that time, people were a little distracted, and they also exchanged ideas with others in foreign forums. During that time, the trading performance was mixed, and the market was often predicted and even bet. I have had the experience of turning N times a week, and I have also exploded. Sometimes I don't go out for a week, and I don't go out until the weekend is closed.

The particularity of the trading market also makes people need a long time to find a suitable trading system, because they always want to find a better trading method. At that time, they also chatted with colleagues online, feeling that more communication with people would give them a chance to break through, and I still like to communicate with people. In the process of communication, it is also a process of self-improvement. Once, I watched someone chatting. One person used the breakthrough method and Joe Ross's method, which was very successful. I suddenly had an epiphany and specialized in the breakthrough trading method.

With the passage of time, I always feel that band trading is more suitable for me, and I take risk management as the focus, so I have a trading system that suits me. This period lasted for five or six years, which is quite torturous. Many things that used to be suitable for you are constantly upgrading and changing. There is no fixed method, just having a trading concept that suits you, and the trading system needs to be continuously upgraded.

Four years before the transaction, various methods were used to predict the future trend, and the loss was terrible. One day in the fifth year of trading, after the disastrous loss, I witnessed the whole trading process of an average trading system on a certain variety, and I really understood what a trading system was. From then on, I kept building and optimizing. At the end of the fifth year, I confirmed my trading system. Every link of this system was built by myself and completed according to my own preferences.

In other words, it took me five years to find a trading system that suits me.

However, is this the end?

Not really. After a while, I found that the so-called trading system that is most suitable for me actually has nothing brilliant. Although it was based on my preference at that time, its advantages and disadvantages are also very obvious. So I understand that the so-called trading system, when its logic is correct and it has positive income expectations, the specific difference is actually not much. How it will perform in the future depends entirely on the future trend.

The future trend shows a smooth trend, then the jiacang type system is good, and the future trend shows an extremely tortuous trend, then the jiacang system performs poorly, while the large-scale trading system performs well. So I found that there is no so-called perfect trading system, and the system that suits me best is just one of the top strategies.

So, I embarked on the process of building multiple systems. Now it is no exaggeration to say that I can build dozens of trading systems with positive income expectations in a short time. The trading system that suits you is very important, but it is not the end, and the end is still far away.

How many years did it take you?

It took me three years to establish my own trading system. At first, I completely listened to others' operation. I was even cheated into a stock group before and listened to the arrangement of the stock trading teacher. It was not until one of them lost a lot of money that I realized that I must form a set of my own technical indicators.

I started trading with KDJ technical indicators. As we all know, KDJ technical indicators are divided into three lines, K-line, D-line and J-line. K-line has the slowest response, but the most accurate, and J-line has the fastest response, but it is often inaccurate. KDJ three-line intersection is a buying signal, and KDJ intersection is a selling signal.

However, I continued to study in depth from KDJ technical indicators and found the J-means relative position method. I found that when the J-value is very high, it is often when the market is overbought, and when the J-value is very low, it is often oversold, which will inevitably lead to reverse push. Every time I buy at a low J-value, I sell at a high J-value, and I get good returns for a period of time.

But later, I found that there was a problem with this technical indicator, that is, the indicator was passivated. When the market was in a volatile period, the indicator was very clever. However, when the market was in a unilateral trend, the indicator was often passivated, and the technical indicator may have been at a high level without a callback, so it was easy to clear the position in a unilateral rise and buy in a unilateral decline.

Next, I began to enter my formal trading system. That is, the moving average and the K-line. The EMA system cannot exist alone, and needs to be combined with the K-line system.

In the process of rising, the EMA diverges upward, and every time the K line steps back on the EMA, it will rise under the support of the EMA, forming a bullish trend.

In the process of falling, the moving average diverges downward, and the K line falls below the moving average. Every time the moving average rebounds, it will fall under the suppression of the moving average, forming a short trend.

When the K-line breaks through the long-term suppression of an average line, there will often be a relatively large rise.

Based on this theory of EMA and K-line system, I gradually established a trading system, and of course, there are also position control and mentality control.