What are the brushing techniques for foreign exchange investment?

foreign exchangeWhat are the brushing techniques for investing?

1Three Don'ts: Dont do it when tired, sleepy, or tired;Don't do it when you're in a bad mood;Don't do it when you don't understand the market;(In a poor state, it is not possible to perform at a normal level, resulting in significant errors in judging the market situation)

2Light position and favorable situation: When trading, build a position based on the amount of funds in the account. The general principle is that the position should not exceed one-third of the amount of funds. Heavy positions are strictly prohibited, and trading against the market is strictly prohibited!

3Strict stop loss: After placing an order, whether it is long or short, the loss range must be well controlled.

4Forbid taking chances: Luck is a taboo for survival, and if there is a sense of luck after a loss occurs, it may lead to more serious consequences. Therefore, after making mistakes, it is necessary to strictly stop losses and not take any chances!

5Non retaliatory ordering: Gamblers who lose have a mentality of losing money, and investing should not have a gambling mentality like a gambler. The general principle is that losses should not exceed twice a day,Once there are two losses, wash your face and stop trading.

6Frequent orders require a stop loss: with more transactions, there is a higher probability of errors occurring. The principle of multiple orders is to ensure account profitability!

7Moderate lock order(Not recommended for beginners)The purpose of locking orders is to lock in losses or profits in emergency situations. Locking orders in disguised form is also recognition of mistakes, and since mistakes are made, the best way is to admit them. Therefore, after a significant loss occurs when placing an order, immediately choose a relative position to close the position, and cannot lock the order to prevent the loss from expanding. Because unlocking requires higher skills from trading personnel, without a high level of technical expertise, the amount of losses will be greater.