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Can you make money by speculating foreign exchange novices?
Generally speaking, beginners can refer to the following points when speculating in foreign exchange: First, follow the trend, and the most direct embodiment of the market movement law is the trend. The only way to treat the trend correctly is to follow suit. This is the first magic weapon to make money or even survive for a long time in the speculative market. When beginners learn to trade, it is of great value to establish the direction of price operation for the overall success or failure of trading. Determine the direction through objective analysis, then jump into the trend, and stay in it all the time, go with the flow. As long as the trend continues to be favorable to you, you must make a profit by holding positions. Learn to trade in the direction of the trend, and in this process of ups and downs with the trend, through risk management, obtain excellent operational results. This is the essence of following the trend. For beginners, the recommended analysis tool is the moving average. As a concise and clear trend indicator, the moving average has a good effect in following the trend and won the favor of practical experts. The specific application is discussed with analysts online. Second, novices who have just set foot in trading should pay attention to cultivating systematic trading thinking from the beginning, regardless of temporary gains and losses, and strive for long-term and stable overall income. To do this, we must learn to choose among many market opportunities, seize the big opportunities and give up the small ones. Therefore, we must firmly grasp the two core factors of evaluating opportunities, risk-return ratio and success rate. Third, limit stop loss, investors who will not stop loss will definitely lose money, and investors who will only stop loss will definitely lose money. Only investors who can stop loss and make money can taste the taste of making money for a long time. Limit losses to ensure growth, limit losses and protect capital. On this premise, we should hold positions with profit potential for as long as possible, so as to increase profits. More foreign exchange speculation knowledge can pay attention to Jindao Global Investment, hoping to help you!