Suggestion 1. Face up to the market and abandon fantasy? The crude oil market is real, so don't be emotional, look forward to the future too much and cherish the past. A senior trader said: A person who is full of fantasy, rich in feelings and very exposed is a happy person, but he is not suitable for being an investor. A successful oil investor can separate his feelings, fantasies and transactions.
Recommendation 2. Don't over-trade? To be a successful investor in crude oil, one of the principles is to keep 2-3 times the capital at any time to cope with price fluctuations. If you don't have enough funds, you should reduce your position, otherwise, you may be forced to close your position because of insufficient margin, even if it turns out to be accurate later.
Recommendation 3: Small households can't invest blindly? Novices should not blindly follow other people's opinions when entering the investment market. When everyone is in the same investment position, especially those small investors follow suit, successful investors will feel dangerous and change their routes. Blind investment in crude oil by small investors is a fatal psychological weakness. As soon as an economic data was released, a message suddenly flashed, and the five-minute price chart "broke through" and rushed into the market. I'm not afraid that everyone will lose together, but I'm afraid that everyone will earn.
Recommendation 4. A bosom friend is the best? Know yourself and know yourself, and you will win every battle. But in the crude oil market, confidant is the best, and novice investors need to know their own personality, because impulsive or emotional people are not suitable for this kind of investment. Most successful crude oil investors can control their emotions, have strict discipline, and effectively restrain themselves. Therefore, bosom friends can win in the oil market!