Is it easy for novices to lose money by speculating in crude oil futures?
You may not lose money. Investment is inherently risky, depending on how you avoid it. Secondly, it is difficult to make a profit at the beginning of each transaction. Greedy trading is not advisable Proper practice can exercise your judgment and decision-making ability. Spot crude oil investment must set a stop loss and make a conclusion according to market dynamics. Holding positions overnight is easy to cause losses. When making orders for spot crude oil, try to avoid holding positions overnight, and the fluctuation range is considerable. When the market price of spot crude oil fluctuates the most during the US session, you can refer to the 5-day moving average and the 20-day moving average of spot crude oil to set the stop-loss and profit-taking price of spot crude oil more accurately and avoid Man Cang operation. Because spot crude oil investment is continuous for 24 hours, it is not wrong to grasp the trading opportunity, set the stop-loss and profit-taking price and follow the market. So as not to lose money.