2. Once the stop-loss price of London gold is determined, don't adjust it in the direction of expanding potential losses. If the London gold price reaches the preset stop loss level, you will still want to put it at the next support level, and you have lost the value of the stop loss, because the "support level" will continue to appear, which means that your losses may continue to expand and never end. Therefore, when you lose money, you must strictly stop the loss.
3. The stop-loss price obtained by technical analysis is often a good proof of the trend of London gold trading, but it may not necessarily control the risk in a limited range, and sometimes it will produce greater potential losses. When the stop loss range cannot be controlled within a limited range, it is necessary to consider giving up the operation or lightening the position.
4. There should be an appropriate ratio between the potential losses and potential gains of London gold trading. Personal suggestions should be at least above 1: 2, and the ideal state is 1: 3. The advantage of this is that as long as the accuracy of your analysis and judgment is above 50%, you can achieve long-term profitability.
What should I pay attention to in London gold stop loss? The introduction is over. Stop loss is only the last hurdle for Loco London gold investors to control risks, so there are still many things that must be done before setting a stop loss, such as the trading direction chosen when entering the market, which trading opportunities to choose, how many positions to trade, and the timing of entering the market, which all determine the risks. Finally, once again remind investors to treat stop loss correctly. If there is no reasonable loss in the long-term London gold trading, then the transaction is false, not a real actual transaction, but an armchair strategist.