How to make money in the spot gold market?

In the gold market, not every day has the opportunity to make money. There are clear and unclear market conditions, and there is a difference between what can be done and what cannot be done. Only move when the trend has a clear trend, do not force the market when it is uncertain.

In general, the gold market operation is best to follow the trend, that is, buying in dips in the upward trend and throwing in dips in the downward trend.

If you want to reverse the trend, it must be that the original trend reaches a key reversal point from the three aspects of form, ratio and period at the same time, and the premise of setting a stop loss before entering the market.

1. The right platform

At present, the domestic precious metals trading market still prefers disorderly management. Investors are suitable to choose an overseas platform with a mature regulatory system, such as a gold investment platform in Hong Kong.

2. First practice basic skills in the simulation

Spot gold crude oil is a short-term type of online trading model. Novices should learn from the terminology to get key news and simply analyze the gorgeous transformation of the disk trend when learning spot gold crude oil trading. This requires a free simulated disk as a training exercise Field, lay a solid foundation for trading.

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3. Communicate with professionals

After accumulating a certain trading experience, in order to better improve personal profitability skills, investors should expand their horizons, refer to others' trading experience, or learn a deeper level of thinking, which can help them improve their investment in winning spot gold Rate, understand how to turn risk into a profit opportunity.

4. Keep your mind stable

This is the core of whether investors can make money in real accounts. In many cases, they make a lot of money in the simulated market, but the real accounts often lose money. 

This is a problem with the trading mentality. Keep the mentality stable before it can be strictly implemented according to the plan. Don’t overestimate gains and losses and increase the risk of errors.

If you want to learn more about profit-making methods, the "Band layout, start with light positions, and increase positions with advantages" trend share entry tips that I shared in WeChat circle of friends are used to cope with future turbulent trends.