What are the tips for adding positions in foreign exchange? Huichacha will tell you:

1. You need to pay attention to the timing of adding positions

If the market trend is not clear enough, Then don’t rush to use foreign exchange to increase your position. Generally, the use of adding positions in foreign exchange transactions is based on the ability to judge the market trend. If traders are not sure about the direction of the market trend, they should not use the method of adding positions. 2. Pay attention to the point of adding a position

If the exchange rate has been in a long-term rising or falling state, that is, when the exchange rate has reached a relatively rare high or point, do not add a position easily. After all, judging from the general trend, it is the basic law of the market that the peak will then decline, and the peak will then flourish. 3. You need to pay attention to the size of the position

The specific amount of the position should be analyzed according to the trader's own capital situation, and the position should be controlled reasonably. The lot size for adding a position must be strictly controlled, pay attention to the margin ratio, and try to avoid the risk of liquidation.