To master these spot gold trading skills to make money

Spot gold can not only be long or short, but some investors believe that its two-way trading features, although it increases profit opportunities, but also increase investment risk, what should I do if investment losses? Master these spot gold trading skills!

Shock market abide by the principle of high selling and low buying

The price of gold cannot go up all the time, and of course it cannot go down. More often, the price of gold is in a shock range.

Generally, under a long-term shock market, there will be a shock interval. This interval has a highest price and a lowest price. Each time the highest price is reached, the gold price falls, and when the lowest price is reached, the gold price rises.

Try to follow the trend and don’t blindly counter the trend

If the judgment is correct, the counter-trend trading can also obtain benefits, even greater than the homeopathic trading, of course, this is under the premise of successfully predicting the market.

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Due to the difficulty of dealing with spot gold against the trend, investors are advised to follow the trend. 

What is called homeopathic trading? When the price of gold continues to rise or fall, there is little fundamental news about the trend in the market. Investors trade in the direction of the current change in the price of gold, called homeopathic transaction.

Trailing Stop Loss on Price Limit Platform

Investing in spot gold suffers losses, often because investors have not set a stop loss. Only by setting a stop loss, investors can control the risk.

Stop loss methods include fixed stop loss and trailing stop loss, where trailing stop loss not only prevents the loss from further expanding, but also protects profitability. This is what investors need to keep in mind in spot gold trading techniques.

What should I do if there is a loss in investment? Try the above spot gold trading skills, maybe you can reverse the disadvantages and regain your profits! If you want to learn spot gold trading skills systematically.