2. Learn some simple and practical technical index tools, such as K-line chart, KDJ, moving average, etc., which are widely used. These technical indicators are very helpful for the analysis of precious metals market. Only by analyzing the market can investors make correct trading decisions and realize profits.
It is also necessary for novice investors to find professional tutors to guide their study, which is also the most effective shortcut for novices.
For beginners, position control is very important. Generally speaking, it is best for beginners of precious metals not to operate in heavy positions, because although the precious metals market can bring huge profits, it is also accompanied by huge risks, and light positions are beneficial for investors to control risks, reduce losses and keep the gains already made.
It should be noted that you must learn to stop loss. For an investor who has just entered the precious metal market, even if your knowledge and experience are not as rich as those of some veterans, it is not difficult to make money in the precious metal market as long as you study hard and strictly do a good job in light warehouse trading and stop loss.