Leading Peak Precious Metals: How to deal with losses in gold trading calmly

Stir fryinggoldDuring the process, whether it is a novice investor or an experienced senior investor, no one can successfully invest and gain profits without incurring floating losses or setting stop losses. As a general investor, it is even more necessary to master practical investment skills through continuous learning. So, how should one deal with losses in gold trading?

Generally speaking, experienced investors will observe the trend of the market to identify the types of floating losses, and then decide whether to continue holding positions or decisively stop loss and exit. In fact, even if investors set a stop loss, their trading accounts may still experience floating losses before reaching the stop loss price. At this time, investors are most likely to face difficulties, whether to leave early or continue to wait for the market to develop in their favor. This requires the following methods.

　　1If the degree of floating losses is relatively light, investors can take advantage of a small rebound in a shorter period to exit first or lower their positions.

　　2If the degree of floating losses is relatively high, regardless of whether the market situation is rising or falling, the best choice for investors is to lower their positions in the first time, in order to obtain funds and psychological initiative in the next market situation.

　　3If investors find that there is a significant floating loss and it has not been improved for a long time, they should also try their best to lower their positions as much as possible to avoid a potential unfavorable market situation for the gold price in the future.

　　4If investors find that there is a trend of improvement after a period of floating losses, they can make a brief observation based on the actual situation at that time, in order to try to close their positions as much as possible or exit with smaller losses, in order to reduce losses.

　　5If investors find that the sustainability of floating losses is not very high, and there may be occasional slight floating gains, there is no need to be busy with stopping losses at this time. It is necessary to patiently wait for the gold price to reach the expected price, or even consider adding positions when it falls back to the main support or pressure points.

　　6If investors find that their held positions have turned into reverse orders, they need to give up any ideas and immediately exit while the losses are still within a controllable range.

Losing money is not scary, what's scary is the judgment and corresponding actions of investors. Investors need to always maintain a calm and composed heart, and not lose their psychological defense line due to temporary losses. Lingfeng Precious Metalsigoldhk.comAffiliated to a subsidiary of Lingfeng Group,Having good professional knowledge and service level,Provide professional comprehensive financial services such as global financial information, live investment strategies, technical guidance on spot gold, and guidance on precious metal trading.