Xia Junshan:4.10How to cleverly set stop loss in gold investment?

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[size=2] [/size][b]Xia Junshan:4.10In the gold investment market, the setting of stop loss points is the fundamental guarantee for achieving maximum investment benefits[/b]
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[b]  Preface sharing:[/b]
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[size=2]  The skill of setting a good stop loss point in gold trading is very high, and to execute it effectively requires courage and determination that is different from ordinary people. However, it is one of the indispensable elements for becoming a winning force in the market.[/size]
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[size=2]  For gold investors, setting a stop loss is crucial. However, in practical operations, investors often suffer huge losses due to unscientific stop loss settings. In fact, setting a stop loss point in the gold investment market needs to consider the following three points:[/size]
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[size=2] [/size][b]1、 Seeking stop loss points[/b]
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[size=2]  The market has always been fluctuating, and opportunities are always present. The key is to determine a certain profit position before trading. At the same time, we also need to consider whether the stop loss position is easy to set, how much profit margin can be grasped, and whether it has played a small but broad role. This requires the judgment of important points(Based on the specific resistance support level in the daily market analysis)。[/size]
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[size=2]  When we go long at a certain support level, the stop loss can be set below the next support level. Similarly, if we go short at a certain resistance level, the stop loss can be set above the previous resistance level.[/size]
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[size=2] [/size][b]2、 The size of stop loss[/b]
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[size=2]  The setting of stop loss can be based on the resistance support in the search for stop loss points above. Here, the size of stop loss should be more based on profit margin, which is to set with small but large.[/size]
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[size=2]  When our profit margin can only be seen5-8At a certain point, the stop loss can be controlled within3About a point;The stop loss point for medium - and long-term trading can be appropriately enlarged, and the profit point can be adjusted accordingly30When there are more than points, the stop loss can be set to8-10More than points. Of course, the size of stop loss is mainly based on factors such as resistance and support.[/size]
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[size=2] [/size][b]3、 Spread in stop loss[/b]
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[size=2]  We all know that transaction costs consist of spread and commission. When placing an order, we try to find the best entry point and calculate the spread. The same goes for setting a stop loss. As mentioned above, finding a stop loss point and the size of the stop loss can often change profits or losses with just one decimal point in the gold market. Therefore, when setting a stop loss, we need to take the spread into account.[/size]
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[size=2]  [/size][b]So, what are the stop loss methods for trading gold in the gold market?[/b]
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[size=2] [/size][b]　1Fixed stop loss[/b]
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[size=2]  As the name suggests, it is a stop loss at a fixed price. This method is relatively simple. Investors do not need to track changes in the market, they only need to choose a loss threshold based on their economic ability or psychological price. For example, when investors enter the gold market, the entry price is1300.00USD, stop loss position at1297.00US dollars. When the price of gold drops to1297.00When in US dollars, automatic stop loss occurs and the transaction is closed.[/size]
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[size=2]  [/size][b]2Tracking stop loss[/b]
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[size=2]  Tracking stop loss is the process of tracking the trend of gold prices through a system, automatically modifying the stop loss position of a gold trading order, which can continuously protect and lock in profits, while controlling risks and protecting the principal of investors. For example, investors are concerned about the price of gold at1300.00Enter the gold market when the US dollar is used, and set3.00The tracking stop loss of the US dollar means that when the price of gold falls1297.00It will automatically sell in US dollars. If the price rises to1305.00In US dollars, the stop loss level will automatically track and rise to1302.00US dollars. This type of gold trading stop loss can achieve unlimited profits while limiting losses.[/size]

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[size=2] [/size][b]Jun Shan's message:[/b]
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[size=2]  The spot market is different from other financial investments, and it is very important to have a grasp of the news. Without professional analysts to analyze the news, there is no relative level of technical analysis. How many retail investors do not lose money when entering the market recklessly? But after losing money, you need to find a way. Failure is the mother of success. In fact, most people do not succeed in business and investment from the beginning. Xia Junshan believes that including you who read this article now, you must have suffered from the ravages of reality in the initial stage of doing business. Later, because you put in enough effort to study how to do a good job in business, constantly absorbing new information, constantly absorbing advice from others, and constantly learning, Only then did you achieve what you are now. Similarly, when it comes to spot investment, there is no winning general who enters the market. The most important thing is to reflect on oneself, summarize one's shortcomings, and make corrections through continuous profit and loss processes,The market is not scary, what's scary is that you are afraid of it, not ideal in investment, or always losing money. You can communicate with me, and I am also willing to give you some good advice.[/size]
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[size=2]  [/size][b]Author of this article: Xia Junshan[/b]
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[b]  Jun Shan:qq：3365413694，V-Letter:xjs776[/b]
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[b]  Author's message: Success does not rely on luck, choice is greater than effort![/b]
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