Just came in to the site in don't know how to trade, hope to have a warm-hearted friends instruct me thank you!
Money management
1: limit your losses
We introduced the concept of set up stop-loss. The concept looks be like simple, but investors to pay more attention. Some investors when trading with them in the order of investment strategies differ. If they are set at the beginning of the program, such as "loss of more than 200 points was liquidated", in order to reduce further damage. However, when the market price is close to the stop position before, they expect the market to have a look back one day, the originally set to stop a rose to 300 points. If investors did not stop loss according to the original plan, but the market is also different from the desired, once lost more than 1000 points, with insufficient margin deposits may lead to automatic stop loss. In the use of leveraged foreign exchange trading on the market investors are cannot be too careful. Investors should be should be build a set of rules, and persistence. Please keep in mind, stop plate will is your friends help you succeed in the foreign exchange market.
Set the stop-loss set example
In addition to limit losses, stop plate can help investors to keep their own profits. Successful stop plate is composed of two steps: (1) at the right price and (2) open when pushed toward the direction as you might expect, adjust your stop-loss set position.
2: the patience to wait for your profit
This concept is very simple, but investors must keep in mind. Or they can't stop, but in a saw profits immediately liquidated. After some time, they will find, if continue to position, their current profits could be expanded several times. The main cause of this problem is based on a more emotional manipulation of the rational, prompting investors to early from the city of wrong decision. Investors should wait for the best time to unwind, coupled with stop plate of investment, can make a better profit. The more the more objective and rational, can make your investment to get better grades.
Note: don't be too early to take your profit!
Investors often before the market expected rate can rise 50 to 60 basis points (or of the profits of $500 to $600 each). However, when their profits of 100 to 150 yuan, will be attracted to the present profit, so prior to exchange failed to reach a limit positions ahead of time. In the end, or they will because pleasure to earn a little profit. But successful investor can earn more profit Ä Ä the investment style difference between the successful investors and inferior.
3: rationally trading
If you ask the average person to excellent traders stereotype and most of them will think good traders is a game to be decided, because "high risk, high return". But, in fact, successful traders don't think so. In the long run, if they know that maintain a solid strategy, carry out always, victory will come. Want to triumph, investors at any time should not put all your eggs in one basket, because if the market slightly, contrarian investors could profit decrease. You will rarely see good traders trading more than once he one over ten of all money. We suggest that all investors should adopt a similar standard.
Investment in foreign exchange markets, each minute need to face the gain and loss; The gain and loss also will inevitably affect investor sentiment. So investors must always be alert to myself to remain calm and peaceful state of mind, don't be emotional control, any irrational decisions. After the profit become too confident and aggressive, for example, or loss after the hand is still not deeply cynical to cover positions. Good traders has the ability to control their emotions, when the decision to rationally analyze investment strategy.
4: set the appropriate risk/reward ratio
As mentioned in the 18th day of course, before trading, investors must carry out the analysis of the risk and reward. But many novice foreign exchange of the proportion of risk and return. In general, the lowest risk/reward ratio should be 1:2, is the cost of your investment and how much you want from these investment into account. In other words, you want to invest a yuan for two yuan. Low returns ratio is likely to make investors have more chance to make a profit, but these have not been very profitable. So investors have good returns ratio can make them forward steadily in the foreign exchange market.
5: hold sufficient funds
Investors must have sufficient funds. The law looks be like simple, but it is often neglected the winning conditions. In the foreign exchange business, for beginners, securitization, because they accidentally slipped the it is not surprising. Some beginners due to insufficient funds, often before they master the basic investment skills has put the money lost. Experience tells us that use the 6.5 test may help investors to decide whether to order, in case of losing money. This test presents a very simple question: if investors experienced a 50% loss in six months, the remaining money enough to let him continue to buy and sell? If the answer is "yes", you can rest assured to buy and sell. If the answer is "no", we suggest you put some more money, of course you also want to sure what I put in the money in the range of their abilities, the money is your best spare cash. Investment is learning need to accumulate experience, and we don't recommend use daily expenses for capital investors. Moreover, investors can use idle money for investment more objective and rational analysis, increase the opportunity to make a profit
6: don't be overconfident
Don't cry because it is believed that the quote will be bottoming out in the short term, therefore hope that through this pull open positions the average price of low and constantly buying is losing money open positions, for short-term speculators, it is important to retain sufficient funds.
If you choose for a short-term trading, and the strategy is right, the market in the short term will follow your expectations about; But if you find that the result is not as expected, then you will decide on end or reforming their investment strategies.
7: foreign exchange is a chance to rate the game
Investment, you should not expect to have 100% profit. If you want to become a great trader, how failure is one of the key. You need to accept every time you fail, and avoid butcher. Good traders will not be frustrated by error, because they deeply understand foreign currency speculation is a chance to rate the game. The right long-term investment strategy investors could benefit a lot. Invest this rule as your motto, can bring you profit.
8: don't chase the price
Suppose in morning 1:00, you can see a potential investment opportunities. You put it records in the notebook, going to market tomorrow. When you wake up the next day, found that it has 150 basis points higher than your target price. What would you do? Blind investors can't accept your miss, then ignore the exchange rate and their ideal price far, go to the market, the loss. The foreign exchange market is rapidly changing, also is the investment activities of missed opportunities, investors should accept the reality and self-discipline to don't go after price, in case of loss.
9: trading to reason clearly
Some investors will force himself in the city for a long time, and the lack of a sound investment plan. They even didn't find out the cause of the market. "Impulse" lead to unnecessary risk, is the first big fear of the investment. Before the market to have sufficient reason. Carefully put the transaction record can avoid the happening of the problem.
10: lose reason, please leave the market
If you have no reason to support their investments, you should leave immediately. Many beginners even feel when market timing is not good, but still stick to that site, it will only do more harm than good. Maintain positions are more likely to lose until forced to sell. The long down will only make investors more losses. Failure of investors reluctant to admit their mistakes, and successful traders would leave the market when necessary. If the timing, they will once again in the market.
11: in the appropriate time to rest
Adversity is one part of the investment, great traders, know how to evade. They will use the strategy to minimize the loss, see a slightly wrong, immediately liquidated. If you find open positions in return if failed to respond to, and then illustrates the investment strategy appear a little mistake, it is time to give yourself a break! If you are a day traders, also might as well leave the market meeting the above situation, find some breathing space, and then restructure their investment strategies. Don't ignore the importance of the small Hugh, it not only allows you to have a chance to calm down, making rational review, more can MianQue because of irrational and wrong investment decisions
Translate to Inglese Show original