How do beginners in foreign exchange trading make orders?

How to make a bill at the beginning of opening an account for a novice foreign exchange? When foreign exchange investors trade in the initial stage of opening a foreign exchange account, many people will explode their positions. At first, they were not familiar with the market. Investors should spend more time and energy to explore their own trading methods and guard against risks, and should put stability first.

Investors should do more simulated transactions before opening foreign exchange accounts. Except for funds, simulated transactions are the same as actual transactions. On the one hand, investors can be familiar with the use of the platform through simulated trading, on the other hand, they should learn to carefully analyze the market when simulating trading, treat simulated trading as actual trading, and cultivate their trading habits.

Avoid heavy positions. The reason why investors trade heavily after opening a foreign exchange account is very simple, that is, they want to make money quickly. However, in order to make money in the foreign exchange market, they must also bear certain risks. If the risk is beyond one's tolerance, trading can easily bring great harm to oneself.

To clarify the meaning of stop loss, the first thing investors should learn after opening a foreign exchange account is to set a stop loss. It seems that stop-loss will still cause losses, but in essence it is to protect one's own funds. It is the true meaning of stop-loss setting to make small losses, and the unpredictability of the market is the fundamental reason for setting stop-loss.

After opening a foreign exchange account, investors should not rush to make money. First, they should learn to survive in the market. Only with the ability to survive can we make money in the foreign exchange market.