What to consider when trading gold

I believe that everyone has read a lot about gold investment skills, but they can really apply all of them in actual operation. There are few, and the things that everyone knows are often the most overlooked. , But it is undeniable that these skills are very important.

1. Homeopathic

Observe the trend. When the market is unilateral, do not think about adjusting at any time. Maybe all the indicators are all high and tonized, but when the indicators also deviate, remember to do everything.

2. Point

The point of entry is quite important, although gold is operated in two modes, long and short, there are actually four operation methods, low, low, high, and high. In unilateral momentum, these four The mode is desirable. If it is in a shocking trend, remember not to be low-altitude and high-altitude, which is equivalent to chasing up and down. Many people remember that many people are chasing up and down, which leads to losses.

3. Stop loss

Before you place an order, 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. Why do you need to fill the stop loss at the beginning, that is, if the market is not yours Hope to go, so that you can reduce the loss in the first time, stop loss and stop loss means to stop the loss, only a small loss can retain the vitality and control the risk of gold investment.

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4. Position

How to allocate funds is related to the capacity of the heart. If the position is too large or full, once the trend is reversed, the loss will increase and the pressure on the heart will also increase. It is often impossible to carefully analyze the market trend, resulting in incorrect operation.

5. Take profit

Many people often do not take profit well, so that profit orders become loss orders. In a unilateral trend, take profit can use the push-stop method to increase profit margins. In a volatile market, take profit often requires personal thinking. To close a position, not every order has to make tens of thousands to tens of thousands. In the shock market, sometimes hundreds of profits are accumulated.

6. Mindset

This is the most important point. When you step into this market, it is undeniable that everyone is reported to make money, and earning more or less affects your mentality. What we have to do is rather to earn less than lose money Instead of earning more.

7. Frequency

Because gold is traded for 24 hours, it is impossible to seize every wave of the market. The transaction frequency must be mastered properly. Too many transactions may lead to technical analysis errors.