Foreign exchange trading experience

Suggestions for making orders Personal experience:

1. Point: The point of entering an order is very important. Although gold and crude oil are operated in two modes of long and short, there are actually four operating methods, low long, low short, high long, and high short. In side momentum, these four modes are all advisable. If it is in a turbulent trend, remember not to go low or high. This is equivalent to chasing ups and downs. Remember, many people chase ups and downs and cause losses .

2. Stop loss: Before you place an order, you should think about the stop loss price and whether the stop loss price is reasonable. After placing the order, fill in the stop loss price immediately. Why do you need to fill in the stop loss at the beginning? That is, if the market is not the situation you want to go, then you can reduce your losses immediately. Stop loss means to stop losses. Only small losses can keep your vitality. If you lose this time, you will not be able to earn it back next time. You must control the risk of investment.

3. Position: How to allocate funds is related to how much you can bear in your heart. If the position is too large or full of positions, once the trend reverses, the loss will increase, and the pressure on your heart will also increase. Often you cannot analyze the market trend carefully, resulting in mistakes operate.

4. Take profit: Many people often fail to do a stop profit, so that a single profit can turn into a loss. Under a unilateral trend, stop profit can be used to increase the profit margin by pushing the stop loss method. Take profit often requires personal thinking. To close a position, not every order must earn tens of thousands. In a volatile market, sometimes a few hundred profits can add up.

5. Mentality: This is the most important point, and it is also a point that every investor must grasp. When you step into this market, it is undeniable that everyone is reporting to make money, but your mentality determines your investment. No matter how far you go, what you have to do is to make a small profit and not lose money, rather than thinking about earning more and earning less.