Cover is a term used in the foreign exchange market. The price of gold bought by investors did not rise but fell, which led some investors to wait for the price to rise and then sell it, resulting in long-term occupation of funds. This is often called the cover. So, what if the foreign exchange transaction is booked? What are the solutions to quilt orders in foreign exchange transactions?

What if the foreign exchange transaction is booked? This paper introduces the solution of quilt cover in foreign exchange trading, and the specific contents are as follows:

1, investors can analyze according to the chart, if the currency they buy is at a high level, they need to stop immediately;

2. If the currency you buy is in the middle, investors can temporarily wait and see according to the situation at that time, so as to sell or reduce positions on rallies to reduce losses;

3. The currency bought is at a low level, and investors do not need to stop immediately. When the currency decline tends to be flat, they should make up positions at important support positions to dilute costs and jointly rescue high positions in the following rebound market.

4. If the currency you buy is on the rise, investors don't need to stop. This kind of situation will usually solve itself after waiting patiently for a period of time, and sometimes there will be greater profitability;

5. If the currency you buy is in a balanced fluctuation trend, investors don't need to stop immediately. They can wait for the currency to enter the high level of the shock cycle first, and once it is unbound or the loss is small, it should leave immediately;

6. If the currency you buy is currently in a downward trend and continues to fall, you should stop immediately and don't think about it.

Generally speaking, in foreign exchange trading, it is very important to set a stop loss when opening a position, because once the foreign exchange is booked, the trader's operation is passive, so this can be solved through the above list.