Reasons for documentary loss
All of us who do foreign exchange trading know that if you are just a beginner, you are always afraid of the key issues such as how to place an order and how to make decisions. If you are not careful, you will lose a lot because of your ignorance, so you will choose to follow the order, because it is undoubtedly the simplest and direct way. But the question is whether some of them are losing money?
First, the main reason is the experience of traders. Teachers who can give orders on the stage have basically worked in this industry for a while and have a deep trading foundation. Therefore, teachers can always face every transaction calmly. For them, trading is like something that happens all the time. For beginners of documentaries, however, this is different. Most people know little about trading, let alone experience. Without a foundation, documentaries often lead to slow response and delayed orders. Finally, the teacher's screen is profitable and the recorded results are lost.
Secondly, if there is no delay in following the teacher's orders, does it mean that there will be no loss? Of course, the answer is not yes. One of the most important reasons is that it belongs to the category of risk control. Most teachers with orders are very risk aware. They have to make their own trading plans and prepare for the worst before each order. However, many beginners with orders do not have this awareness. They just want to make more money from the order making process and often use too much risk to make orders. As a result, teachers make money and order makers suffer heavy losses.
Finally, although we do not encourage documentary trading, if you want to do well, you must make a good plan! Yes, commodity sales is also a technical work. First of all, you should understand the trading philosophy and risk control of each teacher with orders, and make trading plans and risk control according to the characteristics of teachers with orders. If the teacher can properly combine his position trading or level to promote trading, if the teacher does not obey the order, you can choose the best transaction according to your own experience, and slowly systematize the transaction in the sales process. Blind selling will only let you watch others make money, but you will lose money unconsciously.
The above are the three reasons for the failure of merchandising. Many investment traders initially follow the order to understand and contact the foreign exchange market, not to make much money. Focus on learning experience, summing up lessons, to come up with a set of their own trading decision-making arrangements. Therefore, it is necessary to follow the order with a purpose and plan. We must not act blindly.