Da Tian Global Official Website: How to Make Money by Playing with Spot Gold

SpotgoldDue to its high leverage and high returns, spot gold has always been sought after by many investors. However, as an investment, some people make money while others lose. As a novice investor, how can one stand out and become a winner among many investors?I think beginners are more concerned about this issue. Today, let Da Tian explain how to make money by playing with spot gold!

　　1Make money by placing orders based on the news

The price of spot gold is often influenced by several major cyclical economic data and major international political and military events in the United States, so the profit margin of the market on that day is very considerable, usually with40-50The volatility of the US dollar. Pay attention to the news and pay attention to countries such as South Africa, the United States, Australia, and China, as these countries are major producers of gold and their gold production directly affects the international price of gold. In addition, attention should also be paid to the international era of war. As is well known, war can quickly devalue paper currency, and gold is a good substitute for paper currency. The depreciation of paper currency naturally raises the price of gold.

　　2Investment techniques to control the opening ratio

For traders who have recently entered the market, the opening ratio should not be too large. Only when they have accumulated sufficient trading experience and have a sustained good trading record, can they consider gradually expanding the opening ratio. So for novice investors, a more rational approach to insurance is to start with small transactions, accumulate experience, and then seize the opportunity to make a large trading order during periods of intense fluctuations in gold prices, such as non-agricultural activities. This way, the success rate is higher and safer.

　　3Frequent stop loss

Each transaction must set a stop loss price and strictly adhere to it. When the exchange rate is moving in the favorable direction for one's own operation, a tracking stop loss can be set for risk control. However, when the exchange rate is moving in a direction that is unfavorable for one's own opening, a stop loss can be set to exit the position in a timely manner, effectively reducing losses. Meanwhile, in order to better prevent risks, it is recommended to use both tracking stop loss and stop loss simultaneously.

The above is the complete content of "How to Play and Make Money with Spot Gold" introduced by Da Tian Xiaobian. Interested friends can directly log in to the official website of Da Tian Global Precious Metals and open a simulated account worth 100000 US dollars to experience the operation. For more investment information about gold investment, please continue to pay attention to the update of the Gold Investment column of the Gold Institute on the official website of Da Tian Global Precious Metals.