The daily turnover of the global foreign exchange market is trillion, which is a very huge number. There is also a perfect monitoring system for the supervision of the foreign exchange market in the world, but as far as China is concerned, the foreign exchange market environment is not good because there is no strict supervision, and investors are afraid to invest in financial products without supervision.
1. Invest with spare money
If investors invest with the necessary expenses of family life, in case of loss, it will directly affect the family's livelihood and the probability of failure in the investment market will increase. Because when you make money with money that should not be used for investment, you are at a psychological disadvantage. In order to keep an objective and calm attitude when making decisions, we can do as much as we can.
2. Know yourself and yourself
People who need to know their own personality, are impulsive or have a serious emotional tendency are not suitable for this market. Most successful investors can control their emotions, have strict discipline and restrain themselves effectively. We are human beings, not gods, and mistakes are inevitable.
3. Don't trade too much.
To be a successful investor, one of the principles is to keep more than three times the capital at any time to cope with price fluctuations. If you don't have enough funds, you should reduce the sales contracts you hold, otherwise, you may be forced to "lighten up" to release funds because of insufficient funds, even if it turns out to be accurate later. Don't run out of ammunition at one time, the bullets are loaded at any time.
4. Face up to the market and give up fantasy
Don't be emotional, look forward to the future too much and cherish the past. An American futures trader said: A hopeful person is a beautiful and happy person, but he is not suitable for being an investor. A successful investor can separate his feelings from his transactions. The market is always right and always wrong.
Don't change your mind easily.
Set the price and entry plan of the day in advance, and don't change your decision easily because of the current price fluctuation. It is very dangerous to make temporary decisions according to the price changes and market news of the day. Tiejun must have iron discipline.
6. Conduct appropriate suspension.
Trading day after day will dull your judgment. A successful investor said: whenever I feel that my mental state and judgment efficiency are low to 90%, I start to lose money. When my state is lower than 90%, I start to lose money, so I will put everything down and go on vacation for a few weeks. A short break can help you re-understand the market and yourself, and help you see the direction of future investment. When you are too close to the forest, you can't even see the trees in front of you.
7. Don't be blind
Successful investors will not blindly follow the wishes of others. When everyone thinks they should buy it, they will wait for an opportunity to sell it. When everyone is in the same investment position, especially those small investors follow suit, successful investors will feel dangerous and change their routes. This is the same as the reverse theory. When most people say they want to buy, you have to wait for the opportunity to sell. Truth is sometimes in the hands of a few people.