Since the implementation of the floating exchange rate system, the central banks of industrial countries have never adopted a completely laissez-faire attitude towards the foreign exchange market. On the contrary, these central banks have maintained a considerable amount of foreign exchange reserves, and their main purpose is to directly intervene in the foreign exchange market.
Generally speaking, when the price of the foreign exchange market is unusually large or fluctuates violently in the same direction for several days, the central bank will directly intervene in the market and conduct foreign exchange transactions through commercial banks in an attempt to alleviate the violent fluctuations in the foreign exchange market.
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Matters needing attention in foreign exchange margin trading:
1. Invest with spare money:
If investors invest with the necessary expenses of family life, in case of loss, it will directly affect the family's livelihood and the probability of failure in the investment market will increase. Because when using a sum of money that should not be used for investment to make money, it is at a psychological disadvantage, so it is difficult to keep an objective and calm attitude when making decisions.
2. Know yourself and yourself:
People who need to know their own personality, are impulsive or have a serious emotional tendency are not suitable for this market. Most successful investors can control their emotions, have strict discipline and restrain themselves effectively.
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. If you don't have enough funds, you should reduce the sales contracts you hold, otherwise, you may be forced to "lighten up" to release funds because of insufficient funds, even if it turns out to be accurate later.
4, face up to the market, abandon fantasy:
Don't be emotional, look forward to the future too much and cherish the past. An American futures trader said: A hopeful person is a beautiful and happy person, but he is not suitable for being an investor. A successful investor can separate his feelings from his transactions. The market is always right and always wrong.
5. 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. Appropriate suspension of trading:
Trading day after day will dull your judgment. A successful investor said: whenever I feel that my mental state and judgment efficiency are low to 90%, I start to lose money. When my state is lower than 90%, I start to lose money, so I will put everything down and go on vacation for a few weeks. A short rest can help you re-understand the market and yourself, learn the introduction and skills of foreign exchange margin trading, and help you see the direction of future investment.
Baidu encyclopedia-foreign exchange deposit
Baidu encyclopedia-foreign exchange margin trading