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Is it difficult to speculate in gold? What places need special attention?
The first point: you need to be decisive and can't hesitate.

A good gold trader should not hesitate to place an order every time, because it is now or never. Since you have your own ideas, you must put them into action and strictly follow your own ideas. There is no need to be afraid of losses in investment, because as long as the trader sets the stop loss point in the early stage, it will naturally become a strong backing for the later operation.

The second point: the operating frequency should be appropriate and decent.

As the saying goes, traders can't grasp the market every time. As the saying goes, soldiers are not always good, and so is investment. Don't always think about day trading to seize the market. Grasping an appropriate trading frequency is the most real and effective. On the contrary, blind trading may also make traders prone to technical analysis errors.

The third point: always keep a good attitude.

There will inevitably be bumps in the investment. Therefore, it is very important to keep a good mood at all times. When traders are extremely depressed or very excited, it is the worst time to trade. Usually, when they are depressed or depressed, they will lighten their positions or take profits prematurely, while when they are extremely excited, they are prone to greed. In this case, it is best for traders to calm down and leave the market temporarily before entering the market.

The fourth point: mentality determines success or failure.

There is basically only one purpose for traders to step into the gold market, and that is profit. Therefore, earning more and earning less will affect the mentality of traders. From this point of view, it is best to invest with the idea that you would rather earn less than lose money.