These four principles should be adhered to when investing in crude oil futures
In the process of investing in crude oil futures, we need to stick to some principles, which can help investors avoid most risks. Let's see the four principles shared below.
1. Horizontal and variable area do not operate.
There are plans but not busy, principles are not chaotic. In the spot operation, as long as there is a horizontal market, shock, change in the region do not operate, since the front of the short-term single into this kind of market, should also reduce holdings or profit closing positions. Because this kind of disk will re select the direction after, so as to avoid unnecessary loss.
2. Stop operation on the same day for two consecutive single failures
The greatest sorrow of life is to make a mistake repeatedly. When the operation of a single failure should be vigilant, re adjust the state before operating the next order.
If two consecutive orders are lost, then the day should stop trading, calm down, rest, reflection and summary and correction, in order to prevent the same mistakes, until wake up and summarize the operation again.
3. The loss is set when the bill is registered
Good state is not as good as good habits, do everything the same, good behavior habits can determine a person's life.
In the spot leverage market, we must set a good stop loss position after registering orders, and always control the risk within a certain range, which is also within the scope that we can accept and control. Develop this good habit of principle, just in case, otherwise you can get back to before liberation.
4. Limit point not expected
Before trading, we should make a comprehensive analysis and opinions on the current market, and make corresponding operation strategies. At the same time, we will draw the stop loss point, buy point, the first, second and third profit day punctuation. Most of them adopt the trading method of Jinyu tower.
For example, when the first profit target position is reached, 60% of lock interest is sold, 40% is used to fight the second profit target position, 30% is sold when the second profit target position is reached, and the remaining 10% is used to fight the third target position.
If the position in the back is to use zero risk to win small and large, if the risk is not achieved in the break even price, but the front 60% is still profitable.