Seeing it right is the best risk control!- kim seung ho talks about gold

Seeing it right is the best risk control!

Gold Crude Oil Daily Trading Plan

kim seung ho talks about gold

1. When doing transactions, you must consider all risk factors clearly in order to continue to survive!

2. The risk comes from being wrong, so we must find a way to get it right. If you read it right, risk control will be solved, position management will be solved, and mentality fluctuation will be solved!

3. Subjectively, every transaction should be 100% sure, but objectively, it may not be possible, because human ability is limited. After the order is entered, the risk comes. The risk comes from the change of conditions. If the conditions for entering the market disappear or the reverse changes drastically, regardless of the price, you should close the position immediately!

4. If you make a lot of money at one time, and there is no definite opportunity in the future, you can consider withdrawing money, or operate with a light position. It is also good to have a light position. When a certain product suddenly has an opportunity, the account has enough funds to quickly capture the market!

5. When in doubt, the less courageous the better! If you are eager for success and get angry in a hurry, you will easily lose money. If you are eager to make money after losing money, you are likely to lose even more in the future. Facts have proved that the lighter the position, the more likely to make money!

6. To make a transaction, there are two time barriers: one is to be patient before placing an order, wait for the time to come, and never place an order indiscriminately; the other is not to rush to make money after placing an order, as long as the entry price is suitable, it can be consumed. In the end you win!

7. Reloading is fatal, and it can only be reloaded under extremely special circumstances (for example, the price is lower than the cost, the inventory is low and the demand is good, and there are major events or policies).

8. After making a lot of money in a wave of market, don't increase your position, so as to keep your money!

9. The varieties are miscellaneous, the positions are heavy, and the research is not thorough, so it is easy to lose the order!

10. The price of gold and crude oil often depends on the face of the United States!

Traders can avoid a lot of losses by keeping these ten points in mind!!

Last updated: 08/26/2023 04:57

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