1. Make good use of the financial budget, and remember not to take the funds necessary for life as capital. In order to be a successful trader, you must first have enough investment capital. If there is a loss that will not affect your life, remember not to use your living funds as the capital of the transaction. Excessive financial pressure will mislead your investment strategy, increase trading risk and lead to greater mistakes.

2. Make good use of the free simulation account. Beginners of crude oil trading should learn patiently and step by step, and don't rush to open a real trading account. Don't compare with others, because everyone needs different study time and gains different experiences. In the learning process of simulated trading, your main goal is to formulate personal operation strategies and models. When your profit probability is increasing day by day and your monthly profit is gradually increasing, it means that you can open a real trading account for trading.

3. Trading can't just rely on luck. When the number of profitable transactions exceeds the number of losses, and the total amount of your account is increasing, it means that you have found the trick of trading. However, if you lose 1000 yuan in five transactions and gain 2000 yuan in another transaction, although the total amount of your account is increasing, don't be self-righteous. It may be just your luck, or you risk winning the most transactions. You should operate carefully and adjust your operation strategy in time.

Trading by intuition, without strategy, is an adventure. It is not enough to create profitable results in simulated trading. It is equally important to understand the reasons for profit and formulate your own profit operation methods. Intuition is very important in trading, but trading by intuition alone is unacceptable.

5. Make good use of stop loss orders to reduce risks. When you trade, you should establish a tolerable loss range, make good use of stop-loss trading and avoid huge losses. The loss range should be set at 3- 10% of the total account amount according to the fund situation of the account. When the loss amount has reached your limit, don't make excuses to try to put all your eggs in one basket and wait for the market to turn around. You should close your position immediately, even if the market really turns around in five minutes. Don't regret. You must make a trading strategy, remember that you control the trading, not let the trading control you and hurt yourself.