1. Be familiar with the operation, which is the first step, including how to place orders, close positions, stop loss and take profit settings, and various functions of the operating system. Only when you master the tools can you make a profit. Newcomers are prone to make mistakes in their busy work.
2. Learn basic terms. Understand some basic trading terms, and be sure to understand them when communicating with others, which will also help you master the basic knowledge.
3. Don't operate blindly. I don't know anything in the early stage. If I am lucky enough to earn a few times, I will be blind and confident and take it lightly. Never make such a mistake. The best way is to find someone who knows and has good skills to teach you and learn from others.
4. Learn more. It is very important that people who can afford it can buy some books to read. It means that it is necessary if you want to do better.
5, you must learn to stop loss, many novices lose money like this. Sometimes it seems that the market is tepid. It doesn't matter if you don't stop loss. It will be too late when the market breaks out. This is a bad habit, remember!
The risks in the market come from many accidents and cannot be predicted in advance. Controlling risk is the first principle of trading. Without risk control, profit is more luck or speculation. Failure in the transaction is inevitable, and mistakes are inevitable. Its essence is to stop loss in time when the idea is wrong, and to stick to it reasonably when the direction is right, so as to enlarge the profit.
I believe this is what all novice investors who intend to squeeze into the silver market want to ask. In fact, no matter what kind of products you invest in, some people are profitable and some people are losing money. Whether you can make a successful profit depends mainly on whether investors have a solid understanding of the products you want to invest in, and also depends on investors' personal attitude towards investment.
The risk control awareness and plan of speculating in silver to make money are indispensable. The risk of the silver market mainly lies in too many variables that determine the price of silver. But this is also the source of profit and the charm of speculation. Although people have studied it through various methods, the fluctuation of the white bank market is still often unexpected to investors. For investors and operators in the silver market, all aspects of knowledge must be possessed, and the awareness and plan of risk control are indispensable.
Another possibility is that traders keep profits rising until there are signs that some price changes are turning to losses. In this case, take profit can be defined as: selling at the stop-loss point at the high point of the stage, or selling when the technical indicators give a selling signal; According to which method to appear first.