宝鲲财经：炒外汇的七个守则

foreign exchangeIt is a high-risk and high return industry, and currently many investors are participating in foreign exchange speculation. In the face of high-risk markets, it is essential to adhere to certain rules of conduct, which can help investors control risks and maintain maximum profits. So, what rules should we follow in the process of foreign exchange trading?Let's take a look together now!

1Every time a transaction is entered into the market, the loss should not exceed one tenth of the principal
Every time we doForeign exchange transactionsEveryone should strictly control their own losses, and the maximum amount of loss should not exceed one tenth of the principal. In order to have good control, it is best to set a stop loss position when trading, so as to ensure that our losses do not expand.

2Always set a stop loss position
The lower stop loss position can effectively control investment risk. It can enable foreign exchange investors to maintain capital and engage in buying and selling operations again in case of mistakes.

3Do not make frequent orders
Don't buy or sell stocks just because you want to buy or sell them. After studying and observing the psychology of market investors, relevant experts have found a phenomenon: many people buy or sell stocks because they want to buy or sell them, but their first thought is not "why do I buy or sell stocks?"?”Can I make a profit from this transaction?”。

4Not allowing positions to turn profits into losses
This is easy to say, but it is indeed not easy to do. Faced with tempting profits, many people still want to gain more and are never satisfied. In the end, the market peaked and prices fell step by step. They still hold the mentality of "this is just an adjustment" and believe that "the market will still reach new highs.". Unfortunately, things went against people's expectations, and in the end, profits were lost, resulting in losses.

5Not going against the trend
Acting without going against the market should take into account the cycle of operations and be applied accordingly. That is to distinguish the trends of long, medium, and short cycles in the market, and combine it with whether one's own operating cycle is long, medium, or short. For example, if the market is experiencing a short-term decline and its operating cycle is also short-term behavior, then do not hold for the long term.

6If there is suspicion, close the position and leave the market
If there is doubt about one's own operations and original views, this mentality will seriously affect investor decision-making, and if this continues, it will only lead to investment errors.

7Only buying and selling in active markets
Only an active market can have the opportunity to gain substantial profits while also causing capital losses. But only an active market makes it very easy for funds to enter and exit.

The content of this article is provided by Baokun Finance:www.bkcj168.com Organized.