2. Know yourself and yourself. Need to know your own personality, impulsive or emotional tendencies are not suitable for this market. Most successful investors can control their emotions and have strict discipline, which can effectively restrain themselves.
3. Don't over-trade. To be a successful investor, one of the principles is to keep more than three times the capital at any time to cope with price fluctuations.
4. Face up to the market and abandon illusions. Don't be emotional, look forward to the future too much and cherish the past.
Don't change your mind easily. Set the price and entry plan of the day in advance, and don't change your decision easily because of the current price fluctuation. It is very dangerous to make temporary decisions according to the price changes and market news of the day.
6. Conduct appropriate suspension. A short rest can help us to re-understand the market and ourselves, and we can better see the direction of future investment.
7. Don't be blind. Successful investors will not blindly follow the wishes of others. When everyone thinks they should buy it, they will wait for an opportunity to sell it. When everyone is in the same investment position, especially those small investors follow suit, successful investors will feel dangerous and change their routes. This is the same as the reverse theory. When most people say they want to buy, you have to wait for the opportunity to sell.
8. Reject other people's opinions. When you grasp the direction of the market and have a basic decision, don't change your decision easily because of the influence of others. Sometimes other people's opinions seem reasonable and make you change your mind, but only afterwards do you find that your decision is the most correct. Other people's opinions are for reference only, and your own opinion is the decision to buy and sell.
9. When you disagree, wait and see. There is no need to enter the arena every day. Novices are often keen to enter the market, but successful investors will wait for opportunities and leave first when they are confused after entering the market.
10. Take decisive action. There are many psychological factors that lead to failure in investing in the foreign exchange market. A fairly common situation is that investors face losses and know that they can no longer be happy, but they are often unable to make a decision because of indecision, so they get deeper and deeper and the losses increase.
1 1. Forget the past price. "Past price" is also a psychological obstacle that is quite difficult to overcome. Many investors are influenced by past prices, which leads to wrong investment judgments. Generally speaking, after seeing the high price, when the market falls back, you will feel quite unaccustomed to the new low price; At that time, even if all kinds of analysis showed that the market outlook would fall again and the investment climate in the market was very bad, investors would not only not sell their products before these new low prices, but also felt very "low" and had the impulse to buy, and they were firmly stuck after buying them. Therefore, investors should "forget the past prices".
12. Set the stop position. This is an important investment skill. Due to the high risk of the investment market, in order to avoid losses caused by investment mistakes, stop-loss orders should be set up every time the exchange rate falls to a predetermined price and may fall, so the account is only an instruction to limit losses, which can limit the further expansion of losses.