What are the trading tips for spot gold investment

When you do anything, you must consider the key points and grasp the key points, which can save time and increase the success rate.

The same is true of spot gold investment. So, what are the trading secrets of spot gold investment? With questions, let's take a look with the editor to see what operations should be done in spot gold investment?

One of the secrets: do emotional management

After mastering basic trading techniques and fund management strategies, emotion management is the most important part. The average trader, by paying too much attention to technology, will not pay attention to his emotions and mentality.

Secret No. 2: Control positions

How to allocate funds is related to the affordability of gold speculators. If the position is too large or full operation, once the trend is reversed, the loss will increase, and the pressure of the gold speculators will also increase the pressure. At this time, it is often impossible to carefully analyze the market trend, resulting in incorrect operation.

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Third Tip: Stop Loss Before Trading

Before trading, remember to stop loss in time. Spot gold contains 100 times leverage, and the natural risk is also high. To reduce the investment risk of spot gold, stop loss is the most effective and simple way.

When you are ready to place an order to fry gold, you should think about what the stop loss price is and whether the stop loss price is reasonable. After placing the order, fill in the stop loss price immediately to ensure that when analyzing the wrong market and the wrong direction of the order The first time to reduce losses, only to avoid big losses can keep the vitality.

Secret No. 4: Place your order at the right spot

Gold speculation is not the more the number of investment transactions, the better. If you cannot guarantee the success rate of the gold transaction, it is recommended to give up the transaction. Before trading, investors must calculate the best point in mind. The more accurate the point, the greater the chance for investors to make a profit.

In fact, there are only four cases of trading operations, low poly, low altitude, high poly, and high altitude. In the unilateral market, these four modes are desirable; but when the market fluctuates frequently, these operation methods are too aggressive, but instead bring more risks

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