Some operating experience in foreign exchange trading

In foreign exchange trading, sometimes you make mistakes in order to fight for a few points. Some people set a profit target for themselves after finishing a trade, and then prepare for a flat trade. They keep thinking about the arrival of this moment in their hearts. Sometimes the price is close to the target, and the opportunity is very good, but there are still a few "points" that are not in place, and they could have collected the money in a flat market. But because of the original goal, they always pray there. Experience tells us that sometimes a few points are not available, and don't miss the opportunity and cause losses in order to earn a few more points.

As an investor, looking at the quotes on the screen all day, the spirit is extremely nervous. If you make a profit, of course there is a little satisfaction. Once you lose money, or even make mistakes, you will be swollen and lose your sobriety and calmness. At this time, it is the best choice to take a break. After the break, the profit and loss have passed, the mental burden has been removed, and the efficiency will be doubled.

In foreign exchange trading, sometimes you make mistakes in order to fight for a few points. Some people set a profit target for themselves after finishing a trade, and then prepare for a flat trade. They keep thinking about the arrival of this moment in their hearts. Sometimes the price is close to the target, and the opportunity is very good, but there are still a few "points" that are not in place, and they could have collected the money in a flat market. But because of the original goal, they always pray there. Experience tells us that sometimes a few points are not available, and don't miss the opportunity and cause losses in order to earn a few more points.

A market situation refers to the market price of cowhide, with narrow fluctuations. A market situation is a sign that buyers and sellers are evenly matched and are temporarily in a state of equilibrium. Whether it is a market situation in an upswing or a market situation in a downswing, once the market ends and breaks through the block or support line, the market will break through the barrier and move up/down in a sudden leap. This is a good time to enter the market to build a position. If the market is a long-term pass, the position established when breaking through the market will definitely win.

existforeign exchange marketThe sharp rise or fall of the price will not rise in a straight line or fall in a straight line. If it rises too quickly, it will always be adjusted, and if it falls too hard, it will also rebound. Of course, the magnitude of the adjustment or rebound is more complicated and not easy to grasp. However, after a sharp rise of two or three hundred points or five or six hundred points in the foreign exchange market, it is better to observe from the sidelines than to follow the market rashly, so as not to fall into a trap.

The greatest secrets and principles are always the simplest. Simple things are meant to be ignored: because they are so obvious that they are ignored.

"In order to succeed in the market, we should surrender." We must learn to give up everything and submit to the market.

Of course it is good to be able to predict, but when the prediction deviates from reality, we must follow reality. Of course it is good to be able to analyze, but when the analysis deviates from reality, we must follow reality. Of course it is good to be rich in knowledge, but when the knowledge is out of touch with reality, we must follow reality. And what is reality? Quite simply, it is his current actual direction.

We must allow ourselves to reflect the market, to follow it, to submit to it. We win by giving up what we think we know, so that we can see it for what it is.