At present, all kinds of paper and silver investments in China are provided by China Industrial and Commercial Bank of China, and the way of opening an account and entering the market is similar to that of paper and gold investment: to apply for an ICBC online banking, there is an "Online Precious Metals" column in the ICBC online banking, and the precious metals interface of the account will display the prices such as buying and selling.
"Paper silver" is a kind of personal voucher silver, and it is a new precious metals investment variety after paper gold in Chinese mainland. Silver investors buy and sell "virtual" silver on the books according to the bank quotation, and individuals earn the silver fluctuation price difference by grasping the international silver trend. Investors' transaction records are only reflected in the "silver account" opened by individuals in advance, and no physical silver is withdrawn for delivery.
Best trading time for paper and silver:
(1) 5: 00 a.m.-14: 00 a.m. The market is usually light. This is mainly because the driving force of the Asian market is small. Generally, the fluctuation range is small and there is no obvious directionality. Mostly for adjustment and callback. The general trend is opposite to that of the day. For example, the trend of the day rose, and during this period it fluctuated slightly. In the meantime, if the price is right, you can buy it appropriately.
(2) Noon 14- 18 is the morning market in Europe. After Europe starts trading, the funds will increase, and this time will be accompanied by the release of some data that have an impact on European currencies! In the meantime, if the price is right, we can import and export appropriately.
(3) 18- 20: 00 p.m. is the lunch break in Europe and the early morning in the American market, which is relatively light. This time is the lunch break in Europe and the eve of waiting for the start of the United States. It is advisable to wait and see during this period.
(4)20:00-24:00 is the afternoon session in the European market and the morning session in the American market. This period is the time when the market fluctuates the most, and it is also the time when the amount of funds and the number of participants are the largest. During this period, we will act in full accordance with the direction of the day, so we must judge the market according to the general trend. This period is a good time to import and export goods, so we have unique trading hours, working in the morning and dealing in paper and silver at night.
(5) After 24 o'clock to the early morning, it is the afternoon time in the United States. Generally, at this time, it has already stepped out of the big market. This period of time is mostly a technical adjustment to the previous market, but sometimes there will be great fluctuations, but this is generally our rest time. It is best to wait and see or entrust.