1Spot: The spot where the order is placed is quite important, although gold.Crude oil operates in two modes: long and short. In fact, there are four operating methods: low, low, high, and high. In a unilateral trend, these four modes are all feasible. If you are in a volatile trend, remember not to be low or high. This is equivalent to chasing gains and selling losses. Remember, many people are chasing gains and selling losses.
3Positions: How funds are allocated is related to the level of psychological resilience. If a position is too large or full, once the trend reverses, losses will increase, and psychological stress will also increase. Often, it is not possible to carefully analyze market trends, resulting in incorrect operations.
4Stop profit: Many people often fail to do a good job of stopping profit, resulting in profit orders becoming loss orders. In a unilateral trend, stop profit can be increased by using the push stop loss method to increase profit space. Stop profit often requires personal thinking to close positions, not every order must earn tens of thousands or even tens of thousands. In a volatile market, sometimes a few hundred profits add up.
5Attitude: This is the most important point that every investor must grasp. When you enter this market, it is undeniable that everyone is trying to make money, but your attitude determines how far you will go on the investment path. What you need to achieve is to rather make small profits than lose money, rather than thinking about earning more and earning less.