How to speculate in gold and make profits more stable?
When we trade in the spot gold market, in addition to seizing the strong market to make money, how to reduce our trading risk and make steady money in the market is also a course that every investor must learn. Because reducing our own trading risk is actually reducing our possible losses, which is a means to protect the disguised profits of funds. So how to speculate in gold and make profits more stable? Let's talk about it carefully today
1. Trade with the trend
Gold speculation is not a gamble. Such high-risk behaviors as bottom hunting and single trading against the trend will generate huge profits, but the probability of winning is too slim. Often, we will only lose money by doing so, which is not in line with our expectation of realizing property appreciation. On the contrary, for ordinary investors, they only need to take advantage of the strong unilateral market of short-term spot gold and choose to be long or short at an appropriate price to make stable and accurate profits. The success rate of single trading will rise sharply, and there is no need to risk huge losses.
Therefore, when it comes to how to speculate in gold, senior investors will suggest that we should not rush into the market when making orders. It's better to aim at the trend of strong unilateral market, so that we can make stable profits in the gold spot market, improve the correctness of making orders, and effectively reduce the transaction risk.
2. Strictly stop loss to protect capital
Of course, there are certain trading risks in the spot gold market. Sometimes, because of some sudden international news, the gold price suddenly fluctuates violently or even goes in the opposite direction. At this time, we often have no time to keep up with the market changes and control the losses in time. So how can gold speculation make steady profits? Before each transaction, we should strictly set the stop loss to control the possible loss risk within the acceptable range. In this way, even if the gold price fluctuates violently, the trading system will help us automatically close the position according to the set stop loss price, and control the loss protection account funds in time.
Moreover, in order to strictly ensure the effective implementation of stop loss, we'd better choose a price limiting trading platform such as Daejeon global platform to make an order before trading, because even when the gold price in the market jumps or shortens, the price limiting trading platform can still ensure that the final price of our order is consistent with the preset stop loss and stop profit, so that our stop loss can be accurately implemented Commitment to no trading slip point risk. So choosing a price limiting trading platform is also one of the ways to make steady profits in the gold market.
Generally speaking, how can gold be speculated and the profit can be more stable? If we want to make steady profits in the gold market, we must first learn to trade with the trend. When there is a strong unilateral market trend in the market, we should choose to be long or short at the right price to improve the success rate of our own order making. We should never use such counter trend operation techniques as bottom hunting. In addition, before trading, we should also keep in mind the setting of stop loss, and choose the limited price trading platform such as Daejeon global to do a good job of stop loss for each transaction, so as to ensure that we can effectively control the loss within our acceptable range in the face of drastic market fluctuations and protect the safety of account funds.
[disclaimer] the publication of this article by finance managers for the purpose of transmitting more information does not mean that they agree with their views or confirm their descriptions. The content of this article is for reference only, and does not constitute an investment proposal. Investors operate on this basis at their own risk