For many years in the futures market, a number of well-known investors, jiangn, have naturally read books that also contain expert scholars' interpretations of the jiangn theory, which are all-encompassing. After many years of understanding and practice, the author has found some readings or books to be mixed, exaggerated and misleading. The original exposure to the jiangn theory was attracted by its precise forecasting market, its perfect periodic presentation. It is believed that many traders have experienced this situation and have tried to gain better benefits by becoming more visible in futures markets through a study of the jiangn theory, but often with little or no success. It is, of course, the same process, or this general experience, which has allowed traders to begin to cast doubt on the jiang theory and even “defamation”. Some traders believe that the ern theory is a dead letter, an overstatement and less operational one, whereas the authors argue that there are other reasons for such or other “misunderstandings” or that there is a close connection to the trader's own character, trading habits, rather than a fault in the ern theory。
First of all, the composition or evolution of the jiangn theory is extremely complex, with free learning materials for futures trading, including mathematics, geometry, religious science, astronomy, etc., that is to say, the theory is shaped by a vast theoretical system, and ordinary investors tend to simply adopt the term “pivotism”, hoping to reap the benefits by rapidly reproducing the essence of their theory, without careful reading and understanding, much less slowly proving it in practice, and with a high probability of failure。
Learning and mastering of the erns theory should begin with its theoretical composition and background, and acquire a certain level of basic knowledge before further learning, rather than simply painting tigers. For example, in its writings, jiang has a very clear description of cycles and angles, the starting point of a cycle, which is the “root point” of a cycle, which has far-reaching implications for changes, movements and fluctuations in future cycles, and the “root point” of the cycle has been identified as the focus of the roll-out cycle and as a difficult point, not simply the height and low point of a wave. The extent to which time and price are expressed in terms of time and price is not common in other case-based analysis systems, the degree to which time and price match and correspondence determine the magnitude, rate and slope of the movement, and the degree to which time and price match determines the “modernity” of the variation in the variety concerned. Time and price match must be somewhat different from price and should be managed with flexibility rather than discipline。
The degree of understanding of these theoretical key points or core factors is key to the success of traders whose transactions are informed by the jiangn doctrine. Therefore, we cannot simply affirm or reject the euen doctrine, but rather should be more ambivalent and perfected in everyday transactions。
Second, many of their theoretical lovers were greatly impressed by the precision of their predictions of market volatility, even as a gift, not knowing that their predictions were made through extensive measurement and graphic analysis, but that success was only a matter of probability. For investors in general, the highest and bottoms of the market are dreams and even lifelong pursuits, but in fact, traders ' predictions of the top and bottom are safer and more practical in transactions than absolute precision。
This is not a denial of the magic of the ern theory, where free learning materials for futures transactions are collected to travel to the ulysses, but rather to suggest that investors, in the course of dealings, in the context of their own constraints, and in the context of compromising the erns doctrine, should not seek perfection, let alone lose “self” for so-called perfection, after all, you and i are not jiang。
Finally, each theory has its “advancedness”, the creation of which stems from its birth defects on the one hand and the personality of the theoretical learner on the other. Theoretic attributes include slow, slow, quick, sturdy, pre-temporal and post-temporal investors who learn what theory is and what theory is used to inform and make decisions in what situations. The author believes that it is more important than the theory itself to integrate the classic theory learned into its own trading system. Ordinary traders are well placed to regulate their transactions with the advice of the market in the jiangn theory and to reduce their misbehaviour; to sharpen them by matching prices with time in the theory; to appreciate the pace and pulse of the market; and finally to improve the means of dealing through time cycles, wheels, etc. This is both foundational and processal in order to be enhanced。
Futures markets are complex and variable, and there are inherent patterns, and traders need the determination and confidence to discover them. The jiangn theory is a small mirror to the market, and the investment process cannot simply seek to be “precious” and, more importantly, to be “stable” and self-censorship through small mirrors, with as much self-reliance as possible and with a comprehensive understanding of the characteristics of the market, which requires eyes and patterns, and more experience。
