Many people who are explaining how to make money in foreign exchange are not necessarily people who make money in the foreign exchange market. In contrast, you can't say that a foreign exchange student is a foreign exchange expert. So if you want to be a master in the foreign exchange market, what you need is more practice. I share the following related contents with you, hoping to help you.

Compared with the stock market, the foreign exchange market is more popular, so many foreign exchange friends also have blind obedience and then enter this market, which directly leads to a sharp increase in the number of accounts opened by foreign exchange dealers, but many foreign exchange friends only notice the high profits but deliberately ignore the high risks behind the profits. The more they play, the greater the loss. It is rare to see people who continue to make profits in the foreign exchange market every day. So do this before entering the market.

Point one: choose the currency that suits you, and don't blindly follow suit.

Many people will have trading experience of different financial products when they re-enter the foreign exchange market, but the foreign exchange market is different from these products. As long as there is operation in the foreign exchange market, there will be profit and loss. Instead of playing with experts, it is better to choose a familiar currency that suits you and play by yourself. Because the currency of each currency is different, each currency fluctuates differently due to its influence, and then the habits of each currency are different. In the forward foreign exchange market, naturally many currencies and futures have expired. Because of maturity, there are many experts in this mature field, and newcomers in the foreign exchange market compete with these experts. In this way, the chances of success will be infinitely reduced at a glance. It is recommended to choose a currency that you are familiar with.

Point 2: Learn the professional knowledge of foreign exchange speculation and practice it.

In the volatile foreign exchange market, people who specialize in foreign exchange are not necessarily experts, and people who give lectures cannot guarantee that every transaction will be 100% profitable. Therefore, although the knowledge of foreign exchange speculation is basically mastered, a lot of information needs practical operation to be gradually mastered, and losses are inevitable during this period. If you want to be a professional foreign exchange trader, you must pay the' tuition' for studying foreign exchange. Then the technical analysis of K-line, moving average and candle line must also be studied.

The third point: choose a stable dealer that suits you.

According to their own operating methods and trading habits, choose a foreign exchange dealer that suits them to open a foreign exchange account. After opening an account, you should be familiar with the functions of its platform at the first time, carry out practical operations, and integrate a set of trading models suitable for you, so as to ensure that you will not lose money because you are not familiar with the procedures.

Conditions for successful foreign exchange speculation

1, knowledge. I can't say much about acquiring knowledge. You can't acquire knowledge without spending time on research. You must give up looking for a quick way to make money in the commodity market. When you take the time to learn knowledge in advance, you will find it easy to make money. The more time you spend acquiring knowledge, the more money you will earn in the future, and the knowledge will not be enough. You must benefit from what you have learned and learn by doing. Act and trade at the right time to make a profit.

2. Patience. This is one of the most important conditions for the success of commodity trading. First of all, you must wait patiently for the exact buying or selling point and decide to enter when the opportunity comes. When you trade, you must wait patiently for the opportunity to leave in time to make a profit. You must make sure that the trend has really changed before you can make a deal and make a profit. This is the only result after studying the past market changes. Get the right knowledge you need from it.

3. inspiration. A man can get the best gun in the world, but he has no inspiration to pull the trigger. He can't kill any enemies. You can get all the knowledge in the world, but if you don't have the inspiration to buy and sell, you can't make a profit. Knowledge inspires people, makes them full of courage and makes them take action at the right time. If a person can't buy and sell at the right time, the result is that he will be afraid. Fear can be counterproductive. When he has too much inspiration to buy at the top price, he is still guessing the market. He can't expect to make a profit when he is only influenced by hope.

4. Good health. Unless this person is in good health, it is impossible to achieve great success in any career. Because a smart heart can't work in a weak body. If your health is damaged, you will not have enough patience and inspiration. When you are in an unfavorable health condition, you will be dependent, you will lose hope, you will have too much fear, and you can't take action at the right time.

I have been engaged in all the transactions in those years, and anything that may happen in future transactions has happened to me, and I have learned something from the experience. When I am in poor health, I am tired of trading, and trading always fails. But when I was full of energy, I entered the market at the right time and achieved success. If you are in poor health, the most important thing is to get you back to your best health. Health rate can make you rich.

5. Money. When you have obtained all other qualifications for the success of commodity trading, of course, you must have funds, but if you have knowledge or patience, you can start to get big profits with a small amount of funds. It is recommended that you use stop-loss instructions: eat less losses and avoid overdraft transactions.

Remember never to deviate from the trend. When you decide the market trend, follow it and ignore your thoughts, hopes or fears. Follow the law to determine the trend, and don't trade with speculation and hope. ?