Disadvantages: There are too many fake platforms and too many private disks. Some companies just make money from customers? So if you want to play foreign exchange, you must find a good platform in advance.
Foreign exchange investment has become the hottest investment method at present. After the stock market entered a bear market, more and more people put their money into the foreign exchange market.
The real foreign exchange weapon is your own feelings and ideas, and it is a technology that follows the trend and will never be eliminated by the market. To become an excellent master of foreign exchange trading, it is very simple, as long as you can establish the correct market survival principle and stick to it properly. It is an essential way in foreign exchange trading to follow the buying and selling principle and run the scheduled trading plan.
First, the situation is unclear, so we should wait and see: before deciding to buy or sell foreign exchange, we must maintain an optimistic view of the market, have sufficient investment information and market information, and be calm and relaxed.
Second, avoid going against the trend. As the saying goes, "contrarian lives, contrarian dies" is reasonable. In the foreign exchange market, it can be changed to "those who follow the wind earn and those who go against the trend pay". It is necessary to carefully observe the market, add objective basic analysis, supplemented by technical analysis of historical trajectory, and then enter the market conveniently.
Third, don't lose big because of small things: do whatever you want. Before and after entering the market, you should set the buying price or selling price, profit point and stop loss point. But this is only a forecast. Don't stick to a specific price. As long as the price deviates from the original target price not far, the final decision of buying and selling should be made according to the trend.
The fourth is the consideration of safe stop loss: to preserve the investment strength and reduce the possible losses when the transaction goes wrong. Stop loss orders can help investors close their positions and leave as soon as possible when there is danger after entering the market. Of course, stop-loss orders can't be set up casually, but as long as there is clear information to prepare for assistance before admission and the order is placed according to the principle, unpredictable losses can be reduced.
Fifth, let it grow when it is profitable: many investors often only stop loss, but they don't know the art of keeping profit and making it grow. Although the market is changeable, if the existing profit is in hand, the profit ceiling can continue to grow as long as you wait patiently for the target price and supplement it with a stop loss order.
Sixth, don't stay too long in the mistake of entering the market: if the market trend reverses and the established plan is different, you should believe the facts. Because the foreign exchange market is global and there are many participants, any unexpected situation may happen. Don't make excuses for yourself subjectively, and don't admit that failure is a taboo for market strategists. If the market is reversed after entering the market, it is not to admit defeat, but to find ways to overweight and recover lost ground. If you overweight again and again, it may fill the hole and cause greater losses.
Seventh, foreign exchange investors enter the market when news happens or is expected to happen. Once confirmed, they left quickly. This method does not require technology. Investors just use the market expectation psychology to enter the market in advance, and then close their positions after the news is confirmed. However, the foreign exchange market is a typical expected psychological market. Usually, investors' expectations will be higher and higher, and then they will trade according to their psychological expectations. When the expectation is confirmed, most of the original bulls or bears will close their positions and leave. This kind of market behavior makes it impossible for economic principles to effectively predict the exchange rate trend.
As the ancients said, it is easier said than done. The last and most difficult step in foreign exchange trading is to implement the trading plan. The existence of price randomness shows that the optimal decision is only approximate and risky.
The difficulty of the implementation process is manifested in two aspects: first, in the process of price evolution, investors must always maintain self-balance in various conflicting goals and conflicting views.