Many people think of trading among themselves to make a profit.
However, the trading mentioned in the investment market is not the actual currency trading, but the virtual trading in the exchange market, which is the same as the stock trading investment model.
Today, I will introduce you to the necessary knowledge of foreign exchange trading.
When we know what foreign exchange trading is, look at the specific foreign exchange trading principles.
1. During trading, stop loss positions must be set in advance to reduce the risk of losses. Unlike stock trading, which does not set risks, foreign exchange trading is also margin trading, and there is the risk of bursting positions.
2. When trading, operate in full accordance with foreign exchange trading rules and avoid the influence of subjective emotions.
The trends are unpredictable.
However, at present, the use of technical analysis in this market is relatively reliable, no powerful institution or organization can control, and has its own laws.
3. Foreign exchange transactions are conducted 24 hours a day, and the number of transactions should not be too large. At this time, it is necessary to trade cautiously, instead of making too many mistakes due to multiple transactions.
4, must carry out fund management.
Whether it’s a profit or a loss, you need to keep your entry under 15% of your account at the time of trading, and you can then increase your position.
However, when you enter, you always trade in that proportion and do not arbitrarily increase your bets on unprofitable trades.
The dollar rose on rising risk aversion and gold closed at its highest level in nearly three weeks.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.