For new entrants to the market, the first thing to do is to have a correct risk awareness and avoid risks as much as possible. Always remember that discipline comes first and technology comes second.
In a word, there are three main operating principles in foreign exchange, gold or futures markets.
1. Position control
Controlling positions can be said to be the most important operational discipline for investors. It is suggested that the best position ratio of investors is 10%.
2. Stop loss setting
Stop loss is the second important operational discipline that our investors need to abide by. The meaning of stop loss is to control the loss within a reasonable range in the case of wrong judgment.
3. Transaction frequency
Trading frequency is the most easily overlooked operational discipline of our investors, and it is also the most deadly.
It is suggested that the number of transactions should be controlled at 2-3 times a day, and you can make moves at any time, but the chances of safety are not always there.
For now, if you want to continue to explore, you can communicate.