Investment experience in foreign exchange operations
1. In a long trend, there is only too much to place an order; in a short trend, there is only too much space. Small funds are based on the 1-hour line, and the 15-minute line determines the entry point. Large funds are based on the daily line or the 4-hour line. Use the 1-hour or 30-minute line to determine the entry point. If you find that the trend is forming, you should also pay attention to the position of the exchange rate at that time. If it has fluctuated more than 50 points, then don't chase it again, and you will lose money if you are not careful. 2. For data markets, you must have your own analysis. Sometimes the market will go in the opposite direction. Volatile markets need to be treated more calmly. If you have not entered the market before, you should not enter the market rashly at this time, otherwise you may fall into the trap. Survival in the market comes first. Only when survival is guaranteed can one make a profit
3. Day traders, if they are not clear about the trend of the day, try to insist on not taking real positions. Use the simulation operation a few times, and sometimes you will find a feeling.
4. Don't try to predict the future market trend. The best way is to follow the market and operate with the trend. It depends on the longer time period. If you go short on the 1-hour Brin upper track and go long on the lower track, you can win in probability.
5. If you lose two orders in a row, you will temporarily leave the market. Because if you continue to operate, you are more likely to lose money. Operation requires more reason.
6. Believe in trends, especially long-term K-line trends, once formed, they will last for a long time, and all you have to do is return to a shorter time period to find a better entry point. If the general trend is short, the only operation is to short on highs, and you must not go long when you see a rise. The opposite is also true.
7. If you do it right, be sure to set up protection. If you go up a certain range, you should at least set the stop loss at the entry position of the position. Don't come out easily, then you can treat her as a beautiful woman and appreciate it for a while. Because the real trend formation will not end soon.
8. The starting position and the starting position are equally important. The starting position is adjusted to 75% of the adjacent band as the starting point. The market trend has five waves up and three waves down. So don't expect the market to go straight up and down.
9, to believe in yourself, in the market has not proved their operation is wrong, do not easily position squaring stop loss. Do not frequently do reverse operations, you are to send money to the market, but also to gain experience, otherwise you are still suitable to leave the market.
10. Self-cultivation, treat every transaction with a peaceful attitude. Be sure to discipline yourself with iron discipline. Remember, as long as you are willing to think, diligent in summary, and experience every failure, you will be one step closer to success!
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Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
