What do you mean by opening a position? In fact, it means opening a position, and it is also the act of buying foreign exchange. Choosing the right gold price level and the timing of opening positions is the premise of profit. Lightening positions is a liquidation measure taken to prevent excessive losses when there is a decline after opening positions.
2. Buy up and not buy down
In fact, foreign exchange trading and stock trading are the same. It is better to buy up than to buy down.
3. Buy (sell) during rumors, but sell (buy) in real time.
There are often some news and even rumors circulating in the foreign exchange market, some of which may be true, but some are probably rumors and unreliable.
4. Don't overweight when losing money.
After buying or selling foreign exchange, when the market suddenly moves in the opposite direction, some people will want to increase their positions, which is very dangerous.
5. Don't blindly pursue integer points.