Balance of foreign exchange receipts and payments means that a country's foreign exchange receipts and payments are basically the same within one year. The total amount of foreign currency and other financial assets owned by a country, whether public or private, reflects the important gains and losses of the country's foreign trade and other international payments with the constant changes in revenue and expenditure. [ 1]

Chinese name

Balance of foreign exchange payments

definition

A country's foreign exchange receipts and payments in one year are basically the same.

type

Academic language of propaganda and public opinion

The foreign trade balance is of great significance in the balance of foreign exchange payments, but they are not always consistent, because they can also be offset by foreign currency payments. Or vice versa, when the speed of currency circulation in Dallas increases and the exchange rate fluctuates violently, the balance of foreign exchange payments will also be seriously affected. Maintaining China's foreign exchange balance is of great significance to the development of national economy. [1] There are many reasons why people lose money in the market, but one of the most serious and easy mistakes is the inconsistency and disunity of securities trading strategies. This kind of mistake occurs because people do not set a consistent trading strategy for themselves before trading.

Most investors did not plan whether to invest or speculate when they entered the market. If they make money in a short time, they will switch to speculation. If speculation is trapped, they simply switch to long-term investment. Think about most investors around you. In fact, this is what domestic small and medium-sized investors often say: seven losses, two draws and one profit. As a professional investor, if you want to make a profit in the market, you must do something different from these small and medium-sized investors in the market in order to occupy that small part of the profit in the market. Of course, most of this small profit is based on the mistakes of most investors. This sounds cruel, but the actual situation in the current market is indeed the case!

As a person engaged in securities trading, my goal has been to make money steadily over the years. I have always regarded my trading as a career. A prudent entrepreneur first wants to maintain his regular expenses and then pursue the steady growth of surplus. I have never been obsessed with the opportunity to make a lot of money. The first task is to protect capital, then pursue remuneration, and then use part of the profits to do high-risk transactions. As a result, opportunities to get rich often appear, but the important thing is that I have never taken excessive risks.