Da Tian Trading Platform: What are the risks to be aware of when trading gold?

　goldAs a global hedging tool, once the value of paper currency declines, investors will choose gold as their investment tool to transfer risk. Although gold has hedging tools, as an investment, it also carries certain investment risks. Newcomers to the gold market, due to a lack of investment experience and professional knowledge, are unable to withstand the risks of gold speculation, resulting in losses. Today, let me talk to you about the risks that need to be noted in gold speculation?

　　1Market change risk

Spot gold, due to its leverage and large market price fluctuations, is best analyzed by setting stop loss and stop profit before calling it easy, in order to reduce market short selling. Some investors harbor a sense of luck, thinking that they can seize all profits and give up stop loss and stop profit before trading. Once they go against the trend, their profits will turn into nothing. Before placing an order, it is important to have a clear wish: bullish, bearish, short-term, stop loss, etc. But we cannot be completely limited to this, because the market is constantly changing, and mentality is the most important thing as the market adjusts.

　　2Risks of Network Technology

Stir fry gold inMT4Only when the network is normal can the price data be accurate. Once the network is delayed, the data will deviate from the actual situation, and inaccurate data will affect transactions. External digital attacks, as well as computer viruses that damage network devices, affect the technical and managerial security of electronic information systems. Once this technological risk occurs, it affects the normal operation of the network and the entire gold trading system is paralyzed.

　　3Platform funding risk

When choosing a gold trading platform, attention should be paid to the issue of fund security. A legitimate trading platform that provides corporate accounts, allowing investors to make payments through online banking. Strict fund management ensures the safety of investors' funds. Black platforms use private accounts to safeguard investor funds, while trading platforms can freely misappropriate private account funds, and the security of funds cannot be guaranteed.

The above is the introduction by Daida Xiaobian on "What are the risks to pay attention to when frying gold?"?”For all the content, interested friends can directly log in to the official website of Datian Global Precious Metals and open a simulated account worth 100000 US dollars to experience the operation. For more information about gold speculation, please continue to pay attention to the updates of the Gold Institute Gold Speculation section on the official website of Datian Global Precious Metals.