Don't always stare at people and ask yourself, can you make money by speculating in gold? It is not advisable to go it alone from the beginning. No matter how talented a person is, it is impossible to become a winner as soon as he gets started. Speculation in gold is not playing house. Whether you lose or win, you work hard to save your property. Once you lose your strength, you will be seriously hurt.
Second, speculating in gold requires a good attitude.
Having said that, some people will still question whether speculating in gold can make money. You must control your psychological barrier when speculating in gold. Only in this way can we make an accurate and effective judgment. Buy at the lowest price and sell at the highest price. This is the essence of our profit point. Personal speculation in gold trading will inevitably be thoughtless, especially for beginners. If you worry about this aspect, you will lose that aspect. When we do personal operations, we must distinguish between international gold and domestic gold that we want to choose to buy. For some individual retail investors with relatively little investment, domestic gold investment is still good, winning or losing is stable, and there is not much fluctuation.
Third, speculating in gold to make money must have the following skills:
1, when speculating in gold, it is not easy to trade too frequently;
2, follow the trend, do not operate against the trend;
3. Strictly stop taking profits;
4. Carry out the trading strategy thoroughly, and don't make excuses to deny the original decision;
5. Make good use of the financial budget, and remember not to treat the funds necessary for life as capital;
6. When trading gold initially, you need to use a simulated account to learn margin trading;