Imperial Precious Metals: How to Unlock Spot Gold Orders?

goods in stockgoldHow to unlock a locked order? Spot gold lock up, as the name suggests, refers to the locking of trading profits and losses. It is a two-way trading method that is carried out in order to maintain existing profits or avoid expanding losses in the face of market fluctuations, without wanting to suspend trading. That is, the same type of investment subject holds two equal positions of buying long and selling short at the same time. Some people also interpret it as hedging.

Lock orders are divided into two types: lock loss orders and lock gain orders. But there is a saying: Locking orders is easy but difficult to solve, difficult to solve, difficult to reach the sky! The difficulty and level of trouble in solving the problem can be seen. If the unloading operation is improper, small losses are highly likely to turn into large losses.

1、 Lock damage

1Why is the lock damaged. If strict stop loss is possible, there is no need to take this step. Generally, orders are locked only when the following situations occur: one situation is when the market becomes unclear after placing an order and the direction cannot be determined. You can choose to lock the order; Another situation is when you have not set a stop loss and your account has already suffered significant losses, and you cannot bear to close the position. To prevent further losses or liquidation, you can also choose to lock the loss operation. After locking an order, an important operation is often forgotten, which is to add stop loss to orders with opposite analysis direction, and set it slightly higher2-3A point is swept back and forth to prevent excessive fluctuations before the real market goes out.

2How to solve the order. Dissolving an order means choosing the appropriate time to release the lock after the order is locked, that is, to close both orders separately. If you never close the position, although the account shows no loss, in addition to bearing the interest of overnight orders, your subsequent operations will also be affected.

There are two difficulties in resolving international gold lock orders: the point and time of order resolution. At what point and when to cancel the order will directly affect the profit and loss of your account. Simply put, it is best to find a break at a certain point, and the timing must be when the market direction is clear. For ordinary investors, it may be very difficult to grasp the position and time. Below are two relatively simple, feasible, and easy to master methods that have been put into practice.

Method 1: First, solve the counter trend order. The purpose of locking orders is to prevent losses, so when the market is clear, releasing the counter trend order is equivalent to cutting off the source of losses. However, it should be noted that a counter trend order does not necessarily mean a loss order. Another option for following the trend is to wait until the market has stabilized.

Method 2: First, solve the profit order. This method chooses to make a profit first, and the other order can be flattened when there is a pullback or reversal. But when it comes to callbacks and reversals, it also involves the issue of timing judgment. If another order is not balanced in a timely manner, it is likely to be converted to a medium to long term. If you want to learn more about professional precious metal trading knowledge, Royal Live Roombibgold.tvHeavyweight online, grab real-time information on gold and silver.

2、 Lock Ying

Strictly speaking, lock in profit is not much different from lock in loss, the only difference is that when locking in an account, one account holds a loss and the other holds a profit. The suggestion is to lock in profits and take profits in a timely manner or follow up on mobile stop losses, because placing an additional order is not as good as placing an order after the market is clear.

Because locking in profits locks in profits, it is relatively easier to solve and causes much less psychological burden. Although it is said that, the principle of releasing an order is actually similar to that of releasing a loss order. Because the two want to achieve similar results, one is to reduce losses, and the other is to strive for maximum returns. There is a saying in investment: reducing losses is equivalent to gaining benefits.