How to avoid losing money in spot gold trading
When an investor loses money continuously in the foreign exchange gold market, and the hope of making profits is diminishing, how can spot gold losses be avoided? Gooe Gold has compiled some methods for reference only:
1. Do a good stop loss in gold price investment and observe discipline. The ancient art of war says that "the war has no momentum, the water has no shape", the market changes from time to time, and there are certain uncertainties in the short-term trend.
The principle of operation is an iron rule, which should always be adhered to. Just like the crocodile rule, do n’t be desperate and make fun of your life.
Don't think that you can recover your capital or you can defeat defeat. In fact, such reckless behavior can only be counterproductive. Capital preservation is the first priority.
2. Spot gold should be traded on the trend. Learn to understand market sentiment and stand with most people. Against most people is against the market, and ultimately against your own money.
This obviously violates your original intention to enter the foreign exchange market. I believe many people have suffered from this. As long as the judgment of the general trend is accurate and the position at hand conforms to your judgment, let's put a long line to catch big fish. Don't let the market take the nose.
Open http://t2.mademoney.net, then click whatsapp account +917406391776 to add teachers. A simple greeting may open the door to wealth.
3. Fund management is a strategy. In ten trades, even if you fail in six trades, as long as you lose the six trades.
Controlling within the 20% loss of the entire transaction principal, the remaining four successful transactions, even with three small gains, to fill the 20% loss of the entire transaction principal, the remaining one big profit will also make your income low.
4. Practice your mentality. To overcome greed and fear in human nature. Confrontation with greed and fear, perhaps throughout the entire speculation career. If you make money, you want to make more money. If you lose money, you want to get it back. This is a normal emotional reaction.
But this emotion will seriously interfere with your ability to independently judge the market. Irrational imagination begins to gradually expand in your head, your mind becomes unclear, and the feeling of the market becomes numb.
1. Do a good stop loss in gold price investment and observe discipline. The ancient art of war says that "the war has no momentum, the water has no shape", the market changes from time to time, and there are certain uncertainties in the short-term trend.
The principle of operation is an iron rule, which should always be adhered to. Just like the crocodile rule, do n’t be desperate and make fun of your life.
2. Spot gold should be traded on the trend. Learn to understand market sentiment and stand with most people. Against most people is against the market, and ultimately against your own money.
This obviously violates your original intention to enter the foreign exchange market. I believe many people have suffered from this. As long as the judgment of the general trend is accurate and the position at hand conforms to your judgment, let's put a long line to catch big fish. Don't let the market take the nose.
Open http://t2.mademoney.net, then click whatsapp account +917406391776 to add teachers. A simple greeting may open the door to wealth.
3. Fund management is a strategy. In ten trades, even if you fail in six trades, as long as you lose the six trades.
Controlling within the 20% loss of the entire transaction principal, the remaining four successful transactions, even with three small gains, to fill the 20% loss of the entire transaction principal, the remaining one big profit will also make your income low.
4. Practice your mentality. To overcome greed and fear in human nature. Confrontation with greed and fear, perhaps throughout the entire speculation career. If you make money, you want to make more money. If you lose money, you want to get it back. This is a normal emotional reaction.
But this emotion will seriously interfere with your ability to independently judge the market. Irrational imagination begins to gradually expand in your head, your mind becomes unclear, and the feeling of the market becomes numb.
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