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What are the common misunderstandings in silver speculation?
1, improper selection of investment varieties. Different types of silver investment products can bring different benefits, trading rules and trading risks. Investors should choose the right investment in silver products according to their actual risk tolerance and economic strength, instead of blindly following the crowd and drifting with the tide.

2. The operation time frames do not match. Different silver products are suitable for different investment time. For example, physical silver is a one-way investment product, which is suitable for buying when the price of silver is low. Spot silver is an ultra-short-term investment variety, which adopts two-way trading rules and high leverage trading methods. When the price of silver fluctuates greatly, there will be profit opportunities, which should be determined according to the trading rules of various silver investment products.

3. There is no take profit and stop loss. Any kind of investment is a game of probability, and there are winners and losers. Even the cleverest investors may make mistakes, so it is very necessary to take profit and stop loss.

4. Improper use of trading leverage. Spot silver and silver futures are leveraged silver investment products. Improper use of trading leverage here refers to the use of too high or too low trading leverage at a certain time. Generally speaking, as long as investors choose a formal and reliable trading platform, the risks in this area can be reduced a lot.

The daily trade will be held in a few days. Spot silver is an ultra-short-term trading product. While short-term speculation brings short-term benefits and a sense of accomplishment to investors, it is also easy for investors to fall into it and frequently open positions in a trading day, thus ignoring the costs and risks. A successful short-term investor may eventually lose more.

6. The watch is too long. The price of silver has been fluctuating, with a large fluctuation range. If investors think and execute for too long, they will miss the most suitable opportunity to enter the market, which will seriously affect investors' normal thinking and decision-making. Therefore, decisive decision-making is also very important in silver investment and trading.