Reasons for loss: Novices often have such psychology in the process of speculating in gold, have more urgent hopes and are eager to get trading profits, but often this stronger desire means that gold investment results are more likely to lose money. Because of this mentality, traders pay too much attention to the results, and it is difficult to make trading decisions from the perspective of the real market.
Coping methods: consciously control your bad mentality during the trading process, and increase your familiarity and understanding of the market by simulating account transactions. Don't pay too much attention to the trading results at the beginning of the transaction, learn to analyze the market situation correctly and comprehensively, and get good investment trading results.
2. Lack of skills and poor position management
Reasons for loss: Novices often unconsciously take heavy positions in Man Cang in order to gain more profits when speculating in gold, so that in the real gold investment transaction process, it is easy to suffer investment losses due to insufficient margin in the account.
Coping method: Take light warehouse in batches as your own trading standard to avoid heavy warehouse operation. At the same time, we should also pay attention to the change of the deposit in the gold investment trading account during the trading process, and replenish it in time once the deposit is insufficient to avoid serious losses on the investment.