Spot crude oil fluctuates rapidly, so it is impossible to manually close the position when the market fluctuates rapidly, so this is a tool given by the system to control risks. Stop loss and take profit when entering the market, in case it is too late to operate when the market reverses. The system will help you automatically close your position and reduce losses; Take profit means that sometimes the market changes too fast and may fall back soon after a wave. Just like the crude oil data at two o'clock this morning, it is too late to operate, and it is necessary to set a take profit, and it will be out when it reaches the point to ensure profitability. There are also overnight orders, which can be set to ensure profitability.

Investment in the market, whether it is silver, copper or spot crude oil, must follow the rules of market transactions. The most important thing is to strictly set a stop loss, and every transaction must take profit. Here are some simple stop-loss methods for friends, whether they are novices or veterans:

1, fixed stop loss method This is the simplest stop loss method, which refers to setting the loss amount to a fixed ratio, and closing the position in time once the loss is greater than this ratio.

Generally applicable to two types of investors: first, investors who have just entered the market; Second, investors in risky markets (such as futures markets).

2. Technical Stop Loss Method

More complicated is the technical stop loss method. It combines stop-loss setting with technical analysis, and sets stop-loss orders at key technical positions after eliminating random market fluctuations, thus avoiding further expansion of losses. This method requires investors to have strong technical analysis ability and self-control. The technical stop-loss method requires more investors than the previous one, and it is difficult to find a fixed model. Generally speaking, using technical stop loss method is nothing more than gambling with small losses to make big profits.