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Why should London gold trade stop loss? What are the stop loss techniques?
1, following the market rules.

After hundreds of years of development, the London gold market has been quite perfect, and investors must follow the same trading rules no matter where they come from. Being familiar with the characteristics of London gold trading will help people improve investment efficiency and reduce the probability of risk occurrence, thus playing the role of stop loss.

For example, to invest in Loco-London gold trading, we should choose a formal platform to ensure an open and transparent trading environment, and also adopt internationally used trading software, so as to truly stand on the same starting line with other speculators. In addition, the two-way operation and margin trading system of London gold trading is a double-edged sword, which requires investors to operate on the basis of carefully grasping the market to ensure the effectiveness of trading.

2. Standardized stop loss setting

In the London gold trading market, standardized trading software itself has a stop loss function. Investors can set a scientific stop-loss price according to the actual development of the market and their own risk-taking ability, so that even if there is a risk, the loss can be controlled within their acceptable range.

The best time to set the stop price is after opening the position. Once the position is completed, it is necessary to determine the stop-loss price, which should not be changed no matter how the international market of London gold changes during the period. Only by resolutely implementing the stop-loss strategy can the maximum effect of stop-loss in London gold trading be exerted.

If investors have no experience in London gold trading, they can increase their proficiency in stop-loss related operations through the form of simulated trading accounts of Wanzhou Jinye. At the same time, they should cherish every firm operating experience and sum up their experience seriously, so as to obtain better and better development prospects in the London gold trading market.