Traditional Culture Encyclopedia - Traditional virtues - How can we do foreign exchange well? Ask for advice.
How can we do foreign exchange well? Ask for advice.
1. Long-term observation and analysis of market conditions will naturally produce a so-called sense of disk, which often has certain accuracy.
2. When holding currency positions, try to keep the same currency and enhance pertinence. Holding multiple currencies at the same time will distract your energy and affect your judgment.
3. Keep a good attitude. If you feel that your attitude has been damaged, you must stop trading and have a rest. When you feel that your attitude is good, come back. You can't be strong because your mentality needs long-term training.
When the trend is not obvious, try not to enter the market. There are opportunities to make money every day.
5. Make a reasonable plan for losses and profits. If you want to survive and make a profit for a long time, you must do long-term traffic.
6. Be confident and patient in the process of making the order, abide by the established plan, observe the operational discipline, and don't change it easily.
7. Strictly specify your own trading system, the trend is king, follow the trend, and don't gamble against the market with self-righteous judgment.
8. Consciously cultivate your habit of constantly summing up, so that you can accumulate correct experience, correct mistakes and improve your trading ability better and faster. Some knowledge can be learned from others, while others need to explore and accumulate time to break through the strength stage.
Going with the flow is the most important principle I adhere to. The foreign exchange market is nothing more than bull market, bear market and cowhide market. Knowing what kind of market is now is the key to operation. For example, in the face of a rising bull market, the way to enter the market with the trend is of course to buy on dips and do more. But where to buy it is the key. You can look through your "little red book". If the exchange rate touches the support of the trend line, or the resistance that has not been broken before, it will form a strong support, and you can boldly buy when you try again after the breakthrough; In a bull market, there is often a gap between high opening and low opening. When the exchange rate makes up the gap downward, it is also a favorable opportunity to do more. Of course, it also includes the K-line chart (daily K-line is more effective). When a hammer line, a low cross star or a rising star is collected one day, it is also a signal of rising; When the bottom is brewing into a triangle breakthrough, great power often breaks out. When the upper rail resistance is broken, buying in time will have a good profit. All in all, buy on dips and short on rallies. Taking advantage of the trend is the simplest and purest truth.
Order taboo:
1, don't think that you have fallen too deeply and done too much, and don't think that you have risen too high. There is a saying called "catch a falling flying knife", which is what it means. Don't take the price level as the beginning of judging the trend. Follow the trend and chase more or less boldly. These are my weaknesses. What's more, continue to add positions on the wrong orders in an attempt to reduce costs.
I made too many lists. Although I caught the trend, I didn't maximize the profit and toss it back and forth. At first glance, a single bill earned $ 8. 1 10,000. Will it be reversed soon? There is such a doubt in my heart immediately, which is the fear of profit. Psychologically, I can't do it, and my heart is quiet.
3. The trading plan cannot be strictly implemented. When the original trading plan was bearish on the pound day, a small callback immediately closed all outstanding short orders, causing the pound to fall by 240 points.
4. I didn't assess the risks I could bear, sometimes I was in a heavy position for profit, and almost broke the position several times.
5. All orders have no stop loss. This is a big taboo of firm offer.
I will place an order as soon as I have time. I want to seize any market. I am exhausted.
The above is my humble opinion as a novice. At least novices will take fewer detours.
Ask questions later and give points.
- Related articles
- What are the most important traditional cultures in China?
- Proportion of Sichuan home-brewed beer formula
- When is Thanksgiving Teacher's Day?
- The legend of the Chinese dress, short stories and so on.
- The origin of traditional festivals in China.
- Why is Sanbao Dong Village in Rongjiang County, Guizhou called "the first Dong Village in the world"?
- What are the important religious events in history? People at home and abroad want to know.
- How is the economy of Mijiahe Village in Yimen Town, Bin County, Xianyang City, Shaanxi Province?
- Excuse me, who knows which episodes of Young Emperor of Shunzhi Dynasty have Ao Bai? Thank you very much
- Cheesecake is always too roughly organized, what to do