Everyone has his own trading habits. From familiarity to understanding, it needs an operation process. Most foreign exchange gold investors learn relevant knowledge through books and online learning. Learn to exchange investment experience, but even so, it is difficult to use it well in practice. The main reason is the lack of practical experience in foreign exchange operation. Individual foreign exchange investment traders had better not use large positions in the early stage. It takes time to slowly participate in and understand the market and sum up experience. Only in this way can we gain more investment experience.
For many financial investors, the choice of single point is a difficult problem that puzzles many investors. First of all, when you choose a site, you can't have a perfect ordering mentality. The market fluctuates up and down, and the market changes rapidly. In general, it is difficult to grasp the highest or lowest point, but how to find the second highest and second lowest point that is easy to grasp? Foreign exchange investors can follow the following basic steps: 1), judge the general direction of the market, 2, find important resistance or support points on the disk, and 3, wait for the trading signal of the index. Don't trade for the sake of trading, place an order, the market and opportunities will always exist, there is no need to rush.
2. Minimize losses and maximize gains
The meaning of this sentence is obvious, but it is difficult for many foreign exchange investors to do it. Most failed foreign exchange investors often earn less and lose more. This is an obvious beginner's mentality in foreign exchange trading. When making a profit, I am eager to close my position, but when losing money, I hold the mentality of stock market operation and don't want to cut meat, which leads to a big loss to balance most of my profits.
To avoid this, first of all, foreign exchange investment traders need to adjust their mentality, dare to win, and can't afford to lose. There is also the profit-loss risk ratio when placing an order at the beginning, even if you have your own profit target and the biggest bottom line of loss. Don't take any chances. When some foreign exchange, gold, silver or crude oil lists have to be cut, we must make a decisive decision, and the decision will be decided! After closing the position, you will find that such a decision is actually the most wise.
3. Learn to face losses rationally.
Foreign exchange investment is risky, and this investor knows that both stock futures and silver are the same. But you should know that "loss" and "profit" complement each other. Every financial investor cannot avoid it. The key is that some foreign exchange experts have a rational and correct understanding of losses. It can be said that the investor's cognition of the loss completely represents the realm of his trading.
The difference between novices and experts in foreign exchange investment transactions is that new foreign exchange investors are always pursuing profits, while experts know how to avoid risks. For example, at a suitable point, foreign exchange experts and novices enter the market to short at the same time, and novices may lose money and close their positions, while experts can still make profits. Because the master can avoid risks by changing positions with the change of the trend, the novice can do nothing but lose money by himself.
From novice to expert, the understanding of loss includes many important realms, from refusing to lose money at the beginning, to trying to avoid loss, to knowing the rationality of loss, until knowing that profit and loss are complementary, and then the later operation can be focused.