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How to make back money after losing money in crude oil trading?

The most important thing is that crude oil investors cannot control risks. Controlling risks is very important. Only by minimizing risks can you survive in the crude oil market.

1 . Any order you place must have a stop loss.

Reducing losses to a minimum is the fundamental guarantee for long-term profits. Therefore, in order to minimize your losses, any order you place must have a stop loss. Stop loss.

2. Accept failure and shift your attention to the next transaction as soon as possible.

No one in this world can guarantee that every transaction he makes is profitable. So when you lose money on a transaction, forget about it as soon as possible. It. And shift your attention to the next transaction. Otherwise, you will lose more and more and be unable to extricate yourself.

3. The size of the transaction should be controlled within the range of losses you can afford.

Although everyone knows that it is a stupid thing to trade more than you can afford. But this kind of stupid thing is in our trading It is still very common among people. The purpose of our crude oil trading is to improve our quality of life. Therefore, we should not use money that we should not use. For example: monthly living expenses, pension savings, and do not borrow money to do so. Crude oil trading. Because if you do this, your mentality is no different from that of ordinary gamblers. The final result is usually that you lose everything.