1, concerned about current politics
International gold price is closely related to international politics, so a novice gold speculator must know more about the political factors, economic factors and market factors that affect gold price, and then analyze the trend of gold price relatively accurately and grasp the general trend in order to grasp the profit opportunity.
Step 2 choose the right time
Every year from mid-August to 165438+ 10, there are many religious festivals in India, the largest consumer of the gold market, which will stimulate the demand for gold ornaments. In addition, the fourth quarter coincides with the traditional peak demand for gold such as Thanksgiving, Christmas and Lunar New Year in China. Therefore, there is bound to be room for gold prices to rise before the end of the year.
Step 3: Intervene in batches
The risk of entering the whole warehouse is often great, and the market is unpredictable. Even if the judgment is accurate, it is easy to make mistakes. Novice speculators are inexperienced, so don't invest too much money at first, and accumulate some experience first. If it is "paper gold", it is suggested that short-term small transactions should be involved in batches, and each time you buy 10g, as long as there is a little difference. Although this method is somewhat conservative, it is very suitable for beginners to operate.
4. Stop loss and take profit
The stock market is risky, so is speculation in gold. Therefore, you must set a "stop loss point" and a "take profit point" before each transaction. Don't be careless when you make profits frequently. Don't let the loss happen in the position of profit. In the face of the sudden reversal of the market, it is not to close the position, but not to make a profit. Don't let the profitable position turn into a loss.
5. Don't fight an uncertain battle.
If investors are not sure about the current market, or the market trend is uncertain, they can choose to suspend trading, wait and see outside and wait patiently for the next market. If you have placed an order, but feel that there is no market to do, investors had better close their positions. For investors, they can use certain market conditions to accumulate more profits by placing orders.