Investment misunderstanding:
Myth 1: speculating in gold is very simple.
Some investors think that it is much easier to speculate in gold than in futures, and it is much easier to speculate in foreign exchange than in stocks. Even if you don't know anything about financial securities, you can do well. What's more, it is considered that speculating in gold is a "lazy investment law" that everyone can operate.
Because it is a 24-hour T+0 transaction, the market is changing anytime and anywhere, so it is only suitable for people with regular life to invest, not for people with irregular life and uncertain time to mark the market.
Myth # 2: Earn only and don't lose.
There has never been an investment that only earns no compensation, and the same is true for speculating in gold. Misreading the market and stepping on the wrong rhythm may cause losses, so even stop loss is very important.
Investors buy after making a judgment on the market trend, and set a stop loss position at the same time. Once the market hits the stop loss level, they can sell quickly to control the risk, and at the same time make a profit by shorting backhand. When the market price rises all the way according to the judgment, it will continue to increase the price according to the financial strength and calculate the resistance level at the same time. After the market hits the resistance level, quickly sell and extract profits, and at the same time do short-selling operations to obtain more profits.
Myth 3: You can entrust the operation.
All legal and standardized companies are strictly prohibited from "entrusting operation". Companies that promise to "entrust operations" and "trust accounts", 100% are illegal fraud companies. Investors must distinguish, don't be fooled, and give criminals an opportunity.