What does it mean to stop profit of gold investment
What does gold investment stop profit mean:
1, Definition:
Take profit, as opposed to stop loss, refers to when a profit of an investment reaches a predetermined amount, the position is closed out in time to avoid the sudden fall of the gold price and the loss of the upcoming profit.
'S purpose is to make investors feel comfortable with earnings. Like stop loss, take profit is generally an order opposite to the direction of opening a position, but unlike stop loss, the price is set in the same direction.
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For example: if an investor makes a long position at 1265, then his take profit is generally set above 1265, such as 1280, in the direction of sell; when the price moves in the expected direction, rising to 1380, the take profit order is Trigger, the trade at this time is the selling direction, close the market and make profits,
2, Interpretation:
Generally speaking, take profit will cause resistance to the original running trend of gold price. If the take profit order in the rising process is triggered, the gold price will fall back; if the take profit order in the falling process is triggered, the gold market will rebound.
1, Definition:
Take profit, as opposed to stop loss, refers to when a profit of an investment reaches a predetermined amount, the position is closed out in time to avoid the sudden fall of the gold price and the loss of the upcoming profit.
'S purpose is to make investors feel comfortable with earnings. Like stop loss, take profit is generally an order opposite to the direction of opening a position, but unlike stop loss, the price is set in the same direction.
Open http://t2.mademoney.net, then click whatsapp account +917406391776 to add teachers. A simple greeting may open the door to wealth.
For example: if an investor makes a long position at 1265, then his take profit is generally set above 1265, such as 1280, in the direction of sell; when the price moves in the expected direction, rising to 1380, the take profit order is Trigger, the trade at this time is the selling direction, close the market and make profits,
2, Interpretation:
Generally speaking, take profit will cause resistance to the original running trend of gold price. If the take profit order in the rising process is triggered, the gold price will fall back; if the take profit order in the falling process is triggered, the gold market will rebound.
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