For novice investors, the most important preparation work is to understand the relevant knowledge of foreign exchange trading, learn a lot of knowledge about foreign exchange speculation, foreign exchange platforms and foreign exchange account opening, and be familiar with the software related to foreign exchange speculation, so as to choose the foreign exchange trading platform. For veterans, they have a good understanding of foreign exchange trading and some experience, but it is very important to choose the right platform when speculating foreign exchange. A good platform can help reduce the risk of many foreign exchange transactions. Some informal platforms have no financial guarantee, mainly to cheat money and color, so everyone should attach great importance to the choice of platforms.
2. Pay attention to the rational allocation of funds.
Rational allocation of funds can effectively avoid risks, and leveraged trading of foreign exchange investment can bring us great benefits, but if funds cannot be managed and controlled reasonably, the impact will be great. For example, when the income is great, the risk will be great. Investors can't see the gains and just put all their money in. If they lose money, the loss is not small. When the income and risk are high, investors can adopt a smaller investment ratio, and when the income is small but the risk is small, investors can enlarge their investment.
3. Set a reasonable stop loss
Investors also need to pay attention to the setting of stop loss points and calculate carefully according to market trends. The setting of stop loss cannot be ignored. Setting a reasonable stop loss can help investors keep the principal and effectively reduce the risk.
4. Don't always go with the flow.
Some foreign exchange speculators don't want to use their own brains, think and calculate for themselves, and listen to others too much. They think it is enough to ask financial experts and listen to financial lectures. But everyone has different ideas. Which expert should we listen to? Still have your own ideas and do it yourself, so as to accumulate more financial management experience.