In any market, the ups and downs of prices are caused by the constant competition between long and short sides. Paper gold can only be profitable if it is long, which is essentially different from gold futures. Therefore, it is decided that the profit of the paper gold market should be intermittent, instead of making a single profit every day regardless of the ups and downs like the gold market. When the general trend goes down, paper gold players should learn to be patient. Waiting is a disguised short. Although your money has not increased, your purchasing power of gold is increasing, which means your chips are increasing.
Second, paper gold operators should have their own stop-loss ideas, not to be confused with futures and margin stop-losses.
There are many gold reviews every day, but how many are about paper gold? Hardly. Most of them are gold reviews of futures and margin. These gold comments give resistance and support levels and stop loss levels. Does paper gold need a stop loss? This topic has always been a controversial topic, and my opinion is that stop loss is needed. However, my stop loss is not the stop loss given in the futures gold review. My stop loss has nothing to do with the price of gold, just to control the risk of capital. Paper gold has no leverage effect, so compared with futures and margin, the risk will be many times smaller, and it is not necessary to make orders every day. Medium and long-term band operation is the best operation strategy. Therefore, the amount of stop loss has nothing to do with paper gold users. Indeed, if the short-term support is broken, or the small trend line is broken, it will cause a wave of decline, but for paper gold users with poor high points, there is no guarantee that the decline will exceed 10 USD. Therefore, it is particularly important to choose the point where paper gold enters the market. The level of points determines the initiative and flexibility of future operations, and it is not necessary to play chess well.
Third, the idea of always trying to catch the lowest point of the trend reversal is unacceptable.
When the general trend goes down, many novice Jinyou often regret not selling at a high point. When the general trend goes up, they will regret selling too early or dare not add positions. These are some statements after the trend came out. You know, for the investment market, it is the easiest thing to talk about how to operate the trend. Whether it is a reversal or a rebound, there is only one lowest point. Judging from the trading volume of this position, it should be less than one tenth of the total trading volume. So, if you think you can get the lowest point, you might as well buy lottery tickets to earn more. Trend reversal is a gradual process. Steady investors are looking for the second high and the second low. With these two points, if they intend to do business again, the risk will be much reduced. We are all amateurs speculating in gold. In our spare time, we should look at gold. Therefore, we should sum up our own operational strategies according to our living habits, so as not to affect our normal life. There are unlimited market opportunities and our chips are limited.