First of all, don't make up the position at the beginning of the downward trend of the market, and don't make up the position without a deep decline in the exchange rate. When the current price is 20% to 30% lower than the price at the time of purchase, or even the exchange rate is halved, traders can consider covering their positions, because at this time, the downside of the exchange rate is already very limited.

In addition, don't make up positions when the overall trend of the foreign exchange market is unstable. Pay more attention to the variety of money than warehouse. Weak currencies should not cover positions, but the types of currencies that cover positions should be the most profitable. In addition, the dark horse coins that have experienced skyrocketing should not be quilted, and the risk of being quilted is too great.

Finally, traders must seize the opportunity to make up their positions and strive for success. Don't make up positions in batches. In order to achieve the purpose of spreading low costs, traders have to cover their positions at low prices, which is a successful foreign exchange cover position.