As we all know, speculating in oil is risky. It can also be said that in the whole investment process, risks are everywhere, and a little carelessness may cause losses. In order to protect the profit and loss of their own funds, then, as an oil speculator, how to make a steady profit?

First: choose a good trading platform. Choose a good trading platform for frying oil. A safe and stable platform can make you profitable without worries.

Second: make a trading plan. Without a clear trading plan, it is impossible to gain a foothold in the risk market for a long time. Therefore, making a trading plan in advance can better cope with the changes in the market, and the correct method can give you a chance to get the expected income.

Third: try to avoid holding positions overnight. Because crude oil investment is continuous for 24 hours, and in the most volatile US session of the market, the domestic market is at night, and it is easy to cause losses by holding positions overnight. If it is inevitable, you must set a stop loss and a take profit price.

Fourth: Set the stop-loss and profit-taking price. For setting the stop-loss and profit-taking price, you can refer to the 5-day moving average and the 20-day moving average of spot crude oil to set the stop-loss and profit-taking price of spot crude oil more accurately.

Fifth: judge the general trend. When speculating on oil, we should pay more attention to what happens in the market. It's absolutely right to draw conclusions based on market dynamics and follow the market. Judge the general trend, and then be careful when making bands.

Sixth: Seize the trading opportunity. Oil speculation is an investment method with enhanced speculation and increased speculative opportunities. Therefore, when it's time to make a move, make a decisive move in and out, and stay away from greed and fear of not wanting to sell.

I think for crude oil investment, it is best to know yourself and yourself, learn more if you don't understand, and then start after you figure it out. If you are a novice, you'd better read more financial networks, such as He Xun and Yu Hui. You can learn a lot of knowledge, and Yu Hui has a video explanation. Crude oil is favored by people more and more, and it is also a financial management method worth investing in. If you want to invest in crude oil, you'd better know the trend of crude oil. I can only say so much!