Cross-trading is a method often used by real investors in the foreign exchange market. When the direct trading is locked up, many investors are unwilling to stop loss and choose cross-trading. It should be said that if used well, cross operation can effectively reduce the cost of our positions and make the locked positions untied faster.
Based on the above analysis, we believe that investors must adhere to two principles when making cross orders: first, avoid making cross orders and stop losses at the first time to minimize losses when the US dollar is strong; Second, in the case of large fluctuations in the US dollar, we must resolutely stop cross-trading, and adopting direct band trading can save ourselves more than cross-trading; Third, only when the US dollar exchange rate is relatively stable and operates in a narrow range is the best time to cross. Cross-border is not a good medicine to solve problems. If you are uncertain, investors should be cautious.