This is the most important principle, buy when the market is rising and sell when the market is falling. It is the simplest and purest truth. ?

1. After long-term observation and analysis of market conditions, you will naturally develop the so-called market sense, which often has a certain accuracy.

2. When holding currency positions, you should try to maintain the same currency to enhance pertinence. Holding multiple currencies at the same time will distract your energy and affect your judgment.

3. Maintain a good mentality. If you feel that your mentality is damaged, you must stop trading, take a rest, and come back when you think your mentality is better. The mentality of not being forced requires long-term training.

4. When the trend is not obvious, try not to enter the market. There are opportunities to make money every day, so don’t rush.

5. Properly plan losses and profits. If you want to survive and make profits for a long time, you must have a steady stream of money.

6. During the order making process, you must have confidence and patience, abide by the established plan, abide by operating disciplines, and do not change easily.

7. Strictly specify your own trading system, and don’t make judgments that you think are smart

8. Consciously cultivate the habit of constantly summarizing, so that you can accumulate correct experience. Correct mistakes and improve trading capabilities better and faster. Some knowledge can be learned from others, while others need to be explored and accumulated by oneself to break through the stage of strength through time.

The most taboo points when placing orders are as follows:

1. Don’t go long because you think the price has fallen too deep, and don’t go short because you think it has risen too high. There is a saying called catching a falling knife, and that’s what it means. Don’t use price levels as the starting point for analyzing and judging trends. Follow the trend and boldly chase long or short positions. This is exactly my weakness. What's more, some people continue to add positions on the wrong orders in an attempt to increase costs.

2. I made too many orders. Although I caught the trend, I failed to maximize profits and kept going back and forth. When I see that a certain order has made $8,000, is it about to reverse? Immediately there was such a doubt in my mind, which was the fear of profits. Psychologically, I still can't achieve calmness.

3. The trading plan cannot be strictly implemented. The original trading plan was to be short on the pound day. After a slight correction, all the short positions that had excellent short positions were immediately closed. As a result, the pound day fell by 240 points.

4. I did not evaluate the risks I could bear. Sometimes I would place heavy positions for the sake of profit, and almost exploded several times.

5. No stop loss is set for all orders. This is a taboo in making a firm offer.

6. Don’t place orders whenever you have time.

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It is recommended to read "Introduction to Gold and Foreign Exchange Speculation", "Japanese Candle Chart Curve", "Super Short-term Master" and "Foreign Exchange A-Z"