Quick introduction to spot gold investment skills!

Every period of life alone will have an unusual and profound insight, and every morning that is full of morning light is the beginning of a perfect struggle. So what are the spot gold investment skills?

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The transaction volume should be measured according to the account amount, and not excessive transactions. In general, the risk of each transaction should not exceed 10% of the account funds. According to this rule, the risk can be effectively controlled. Too many lots in one transaction is unwise and it is easy to produce uncontrolled losses.

Follow the trend, don't go against the trend

Remember the old rules of the market: the loss position should be terminated as soon as possible, and the profit position can be held as long as it can be held.

Another important rule is not to allow losses to take place in the originally profitable position. In the face of the sudden reversal of the market, instead of closing the position without profit, the original profitable position should not be turned into a loss.

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Don't have a trading mentality eager to turn over

Faced with a loss situation, remember not to rush to open a new position in reverse to try to turn over, which often only makes the situation worse. Only if you think the original forecast and decision are completely wrong, you can close the loss position as soon as possible and open a new reverse position.

Don't play guessing games with market changes, and miss trading opportunities is better than incurring losses.

Learn to implement trading strategies thoroughly, do not find excuses to overturn your original decisions

In order to avoid this fatal error, a simple rule must be remembered-don't let the risk exceed the originally tolerable range, once the loss has reached the original limit, do not hesitate to close the position immediately!

Finally, there is the risk pre-control ability and the treatment plan after loss and self-reflection. Plan a complete investment plan for yourself, and then make your own profit plan after the correct choice, to maintain a relaxed and happy investment mood, as long as you do the right thing, Profit will come naturally.

In gold investment, you must trade your own plan instead of trading without a plan.