Whether investing in China's domestic market or foreign markets, whether investing in general commodities or investing in financial commodities, the basic investment strategies are the same, especially in the more complicated foreign exchange market. Although everyone's investment strategies are different, some of them are basic and universal. The following strategy summary has considerable reference value for all kinds of investors. To be a successful investor, one of the principles is to keep more than three times the capital at any time to cope with price fluctuations. If you don't have enough funds, you should reduce the sales contracts you hold, otherwise, you may be forced to "lighten up" to release funds because of insufficient funds, even if it turns out to be accurate.

Face up to the market and abandon illusions.

Don't be emotional, look forward to the future too much and cherish the past. An American futures trader said: A hopeful person is a beautiful and happy person, but he is not suitable for being an investor. A successful investor can separate his feelings from his transactions.

Make a trading plan

Set the price and entry plan of the day in advance, and don't change your decision easily because of the current price fluctuation. It is very dangerous to make temporary decisions according to the price changes and market news of the day.

Adequate rest

Trading day after day will dull your judgment. A successful investor said: whenever I feel that my mental state and judgment efficiency are low to 90%, I start to lose money. When my state is lower than 90%, I start to lose money, so I will put everything down and go on vacation for a few weeks. A short break can help you re-understand the market and yourself, and help you see the direction of future investment. Investor motto: When you are too close to the forest, you can't even see the tree in front of you.

Never be blind

Successful investors will not blindly follow the wishes of others. When everyone thinks they should buy it, they will wait for an opportunity to sell it. When everyone is in the same investment position, especially those small investors follow suit, successful investors will feel dangerous and change their routes. This is the same as the reverse theory. When most people say they want to buy, you have to wait for the opportunity to sell.

Reject other people's opinions

When you grasp the direction of the market and make a basic decision, don't change your decision easily because of the influence of others. Sometimes other people's opinions seem reasonable and make you change your mind, but only afterwards do you find that your decision is the most correct. In short, other people's opinions are only for reference, and your own opinions are the decision to buy and sell.

When you are not sure, wait and see.

There is no need to enter the arena every day. Novices are often keen to enter the market, but successful investors will wait for opportunities and leave first when they are confused after entering the market.

Investment psychology

There are many psychological factors that lead to failure in investing in the foreign exchange market. A fairly common situation is that investors face losses and know that they can no longer be happy, but they are often unable to make a decision because of indecision, so they get deeper and deeper and the losses increase.

Patience is also an investment.

Few investors can do this. People engaged in investment work must cultivate good endurance, which is often a key to success or failure. Many investors buy or sell prematurely, not because of their poor analytical ability or lack of investment experience, but because of their lack of endurance, thus incurring unnecessary losses.

Set stop loss position

This is an important investment skill. Due to the high risk of the investment market, in order to avoid losses caused by investment mistakes, we should make a stop-loss order every time we enter the market, that is, when the exchange rate falls to the predetermined price and may fall, we will immediately settle the transaction. This is an order to limit losses, so as to limit the further expansion of losses.