We need to pay attention to the international situation, especially the economic situation in the United States, because international silver prices and international gold prices are linked to the US dollar, which affects domestic silver prices and gold prices. The bull market of silver and gold has been going on for several years, but since 2008, the price of silver has undoubtedly risen faster than any previous period. A fundamental factor is the constant depreciation of the dollar. As long as the general trend of dollar depreciation has not changed, the silver bull market has a foundation. In addition, the rise in international oil prices, geopolitical instability, increased inflation and silver shortage will all provide support for the rise in silver prices. At the same time, we should also pay attention to the precious metal positions held by central banks, especially ETF funds, because selling silver by funds often leads to market panic and aggravates the adjustment of silver prices.
Second, arrange the trading time reasonably.
Generally speaking, 5: 00 a.m. to 18 a.m. Beijing time is a good time to buy, while 2 1 to 4: 00 p.m., especially 2 1 to 24: 00 p.m., is a better time to sell on rallies. The effective arrangement of buying and selling time can not only avoid looking at price fluctuations all day, but also choose the most suitable price.
Third, set the take profit point and stop loss point.
Considering the changes in the market and the liquidity of family property, we must consider the realization of assets and cannot set a long investment period. Under this premise, it is necessary to set a take profit point and a stop loss point. In order to prevent people's greedy nature, we can write down the selling price by consignment, and sell it automatically when it reaches this price.
Fourth, carefully distinguish between negative and positive.
There will be rumors in any market, some of which are later proved to be true, while others are groundless. Then, learning to arrange the timing of buying and selling gold and silver reasonably according to rumors and events that later became facts can often get twice the result with half the effort. Buy gold and silver when there are favorable rumors and wait for gold to rise. Once the favorable rumors become a reality, immediately sell the gold and silver in your hands decisively on rallies.
On the contrary, sell gold and silver when there are bad rumors, and buy back gold and silver immediately when the rumors are confirmed. This kind of operation idea is to take a ride with institutions and funds, because when rumors become a reality, the pulling effect on the rise of silver has long been digested in advance, and institutions will definitely choose the opportunity to distribute it on rallies at this time. When a large number of selling occurs, the result must be a drop in the price of silver. This is an important experience I gained from this gold and silver quilt cover. In fact, before the fact that the Federal Reserve cut interest rates by 75 basis points came out, the news of rising silver prices had been absorbed by the market, so silver prices would rise sharply. Yao Zhang, a gold investment analyst, said.
V. Batch warehousing
The market is unpredictable, and no ordinary person can buy at the lowest point and sell at the highest point. It is a wise choice to buy spot silver in batches and then sell it in batches in order to prevent the situation of "buying up but not falling" and "selling up but not rising". In this way, the risk of buying price fluctuation can be minimized. The same is true for selling pending orders in bulk.
Six, avoid Man Cang operation.
Man Cang's operation, in fact, is a particularly quick success, which implies the psychology of getting rich. Only in one case, Man Cang's operation is absolutely correct. That is the unilateral rise of the market. But who can predict the changes in the market? Buffett once said that people who predict the market are crazy. I think this principle also applies to the silver market. For us ordinary investors, the advantage of semi-warehouse operation is that in an emergency, we can make up positions to lower the average price, or bargain-hunting ultra-short-term bands. However, if it is operated by Man Cang, even if there is an opportunity, it can only be "sighing at the silver".
Seven, don't just copy the bottom.
In investment, people like to buy up and not buy down. Because in the rise of silver price, only one thing is wrong, that is, buying at the highest point, and buying at any other time is right. Similarly, in the process of falling silver prices, there is only one right situation to buy, that is, the price of silver has fallen to the lowest point. Besides, it's wrong to buy it at any time. Judging from the probability of right and wrong and the difficulty of judging the top and bottom points, the probability of buying profits when the price rises is much greater than when the price falls.
Eight, good at association
The fluctuation of the futures commodity market price will greatly support or suppress the spot price, so we must pay attention to the changes in the futures market. When the futures price of agricultural products is over-hyped, the price is inflated, and speculators leave on rallies, which leads to a sharp dive in the futures price of agricultural products, we should be good at association. Since the price of agricultural futures has fallen so sharply and the funds have been withdrawn so quickly and so fiercely, can precious metal futures, which are also in the futures system, be immune to it? If precious metal futures prices dive, where is the support of spot prices?