For the vast majority of small white traders, they don't know what a complete foreign exchange trading process should be like. In real trading, they rush into the trading market as soon as their heads are hot, and then they are mercilessly taught by the market until they break their heads and return to the starting point.

Before you decide to enter the market to establish a position, you need to complete the following tasks:

Set the best stop loss. You must get into the habit of setting a stop loss in trading. For example, every time the loss of trading funds touches 5% or more of the total funds, we must resolutely stop the loss and don't hesitate.

Learn to wait patiently for the market to fluctuate forever. There may be various changes in the market before it can reach your profit target. If you leave quickly because of a little unfavorable market, you will never see the profit. You need to learn to wait.

Accept the fact that traders cannot avoid losses. He can only say to minimize the loss. So you must learn to accept the fact of losing money, so as not to affect your mood or even the whole transaction.

Slow down the pressure and let the market test the order. In trading, many people keep staring at the computer, even sitting for hours, which is not only not good for trading, but also puts traders under considerable psychological pressure.

At the end of a transaction, regardless of profit or failure, the first thing you should do is to have a rest and relax.