What is the most important thing in the operation of forex and what is the best way to participate i

You can not read fundamental news, and you can not even understand analysis. But you have to do money management, you're small.

The principal makes a small amount of money, and the probability of those small principal doubling n times heard in foreign exchange is very small, and most people go.

The result of a heavy position is liquidation.

Newcomers should not only focus on how much money they can make, the focus is to keep themselves alive first, and don't do anything.

In the next day, I went to the bank to remit money, remitted money once, and sent money to other people's pockets.

Small enough can make you feel comfortable, and a good mood can prompt you to use your daily time to continue to deepen your skills.

Technique. The foreign exchange market has played the survival of the fittest to the fullest, no one is a god, and opening a small position gives yourself a chance

A way back.

Mentality problem The big one will come out immediately when you lose a lot, and there is a big time when your *** is not properly placed, set a good stop loss, plan your trade, and then trade your plan.

First: Clearance operation.

Second: strict stop loss.

Third: mentality.

Because I have the bottom of my heart to make a small amount of money, I have an unstable mentality when I look at the big **.

The most important thing in investment is light position and mentality.

The main thing is that your mentality is not correct, and you are a little anxious when you see a loss, hoping that he will rise back, resulting in not wanting to close the position or closing the position as soon as you lose it. When he loses a lot, you just let him hang like this, and he will come back anyway.

Secondly, there is also a lack of technology in the heat, so let's consolidate the knowledge.

Forex trading refers to buying and selling currency pairs in the international market in order to earn the difference in exchange rate fluctuations. Participating in forex trading can be highly profitable, but there are also risks. Here's my take on the best way to get involved in forex trading:

The first step in participating in forex trading is to choose a legal and formal forex trading platform. Investors need to pay attention to the platform's qualifications, regulatory bodies, historical records, etc. when choosing a forex trading platform. Choosing a reputable foreign exchange trading platform can protect the rights and interests of investors and avoid suffering.

Before participating in foreign exchange trading, investors need to understand the basic knowledge of the foreign exchange market, including currency pairs, exchange rates, trading varieties, technical analysis and fundamental analysis. Learning about forex trading can help investors better grasp market trends and adjust their trading strategies at any time.

Investors need to make a reasonable trading plan when participating in foreign exchange trading. The trading plan should include risk control, money management, time to enter and exit the market, and setting of stop-based profit and stop-loss. Having a reasonable trading plan can help investors reduce their risks and avoid blindly following the herd and trading emotionally.

Forex trading is an investment activity that requires calm and patience. Investors need to keep a cool head, not be affected by market fluctuations, and maintain rational trading decisions. At the same time, forex trading requires patience, and investors need to wait for a significant change in the market trend and not enter or leave the market too early.

There are risks in foreign exchange trading, and investors need to control the risks and protect the safety of their funds. In trading, investors can control risk by setting take-profit and stop-loss orders, diversifying investments, controlling** and avoiding excessive leverage.

To sum up, the best way to participate in foreign exchange trading is to choose a formal and legal foreign exchange trading platform, learn foreign exchange trading knowledge, make a reasonable trading plan, stay calm and patient, and control risks. Investors need to make prudent decisions under controllable risks in order to obtain stable investment returns.

The best way to get involved in forex trading varies from person to person, but here are a few things to suggest:

2.Find a trading method that suits you: There are many ways to trade foreign exchange, such as leveraged trading, ** trading, etc., each of which has different risks and benefits, and you need to choose according to your own risk tolerance and investment purposes.

3.Choose a trustworthy trading platform or broker: When choosing a trading platform or broker, you need to consider the credibility, size, type of transactions, fees, and security of the platform or broker to avoid being cheated.

4.Develop a scientific trading plan: Before trading, you need to make a detailed trading plan, including trading objectives, stop loss and take profit points, trading volume, etc. And you need to stick to the stop loss and take profit points you set for trading.

5.Risk control: There is a certain amount of risk in foreign exchange trading, and you need to control the risk according to your own risk tolerance and investment purpose. It is advisable to assess your financial situation, diversify your risk, etc. before trading foreign exchange.

In conclusion, participating in forex trading requires sufficient knowledge, experience, and risk awareness. It is advisable to make a decision after careful evaluation.

There are no good skills, and the skills are all tortured by themselves.

I suggest that if you have time, take a few minutes tomorrow to write some of your own experience, whether it is a simulation or a real warehouse, the experience is written more, and you will master it as your own knowledge.

Some small experiences, novices can understand and understand that maybe they can avoid detours.

1.The most intense trading hours for foreign exchange trading are generally from 3 p.m. to 5 p.m. and from 7 p.m. to 12 p.m.

2.It is best not to hold a position overnight, and if you have to hold a position, be sure to set a stop-loss price and a take-profit price.

3.The Stop Loss and Take Profit prices can be set on the 5th and 20th days.

4.Don't trust your instincts too much, but watch more international news, and don't look at what others say, but what is happening in the market.

5.Don't go full at any time.

6.To judge the general trend, follow the market accurately, be cautious when doing swings, and don't lose big because of small things.

7.If it doesn't rise when it should rise, it is resolutely bearish, and if it doesn't fall when it should fall, it is bullish.

8.Foreign exchange and ** are both T+0 mechanisms, to maximize the mobility of this mechanism, grasp the opportunity, decisively enter and exit the market, and overcome greed (unwilling to sell) and fear (dare not buy).

9.Finally, of course, it is to learn more investment knowledge, enrich yourself, and make a good summary every day.

10。Learn about the more well-known platforms in the world, regulated by the FSA and NFA. Spot ** leverage can choose from 100 to 400, the leverage is large, and it is easy to do some.

11.Novices are advised to apply for a free simulation first, simulate learning first, summarize the simulation experience, and record daily gains and losses. Should help

Choose a regular platform, and then choose their first-class business, so that there is no commission, which can reduce transaction costs. Of course, the funds are much safer, and the safety of the funds is real.

As a novice, you can pay attention to the following points: Novices are advised to make the following preparations before investing. For novices, there are fewer detours.

1.Don't listen to what the old friends say, you don't need to read books, you don't need to read technical information, just fry more. I think there are some basics of forex that newbies must know that still need to be learned.

For example, do you know what a pressure line is, how to use a template, how to use 5 sticks, and so on.

2.Candlestick Chart This book is completely the Bible of Forex, and it is recommended that you read the must-read book for forex friends here.

3.Look at the data, there is nothing more convincing and learning than data. Communicate more with the masters in the group.

4.Invest 500$ at a time, don't invest in the early stage, and don't need to invest, because MT4 can apply for a demo account.

5.Choose the mainstream platform, don't touch the black platform, all the people in the frame are newcomers. I don't really believe in any rebates or anything.

In addition, it is recommended that the platform must be regulated by the FSA, because the UK has the strictest financial laws and strict capital flow, so we have a sense of security for our funds.

6.Treat speculation as financial management, not speculation. I feel like this is the direction of financial management. To be a financial manager, to be an investment, not to speculate, speculative are gamblers.

7.That's right. If you are a newbie, you can register a forex demo account first, and first register for free to play. Look at how simulated foreign exchange speculation is speculated, and slowly you will understand.

If you want to know what international factors are affected by the major currency pairs, and know some technical indicators, you can start to try your skills even if you do.

The following points need to be paid attention to in foreign exchange trading: 1. Small capital trading. In the early stage of trading, no matter how much principal there is, it is best to stick to small capital trading first, and then slowly grow bigger after accumulating more experience.

2. Deal with the frequency of early management. Forex is a 24-hour open trading market, which means that there are many trading opportunities every day, but in order to maintain a clear mind and reduce unnecessary trading costs for laughing, it is necessary to follow a reasonable trading frequency.

3. Do a good job of stop loss. Slowly develop the habit of setting a stop loss, so that when the market trend reverses, you can also control the risk of loss in a low range.

There are many principles and details of a forex trading plan, but if it comes down to the simplest element, it is nothing more than working out a starting point for entering and exiting any trade, regardless of whether the trade is ultimately profitable or not. Once this starting point has been determined, the change in **level can be attributed to rising, falling, or staying the same.

The most important thing to do foreign exchange is mentality, investing in the market requires probabilistic thinking, and we choose to do it with high probability. Of course, sometimes there are small probability events that also have to be accepted.

This is the necessity of stop-loss, to allow for error. The important thing is what to do when you lose money, how to reduce losses, such as testing your position first, and taking measures such as stop loss and position reduction in time; What to do when you do it right, how to expand profits, such as adding positions, following up stop loss, take profit part, and so on.

Trading is an engineering project that requires a systematic process. Such as do a good job of information collection and analysis, the performance of each market, including **, exchange rates, important commodities, etc., trend analysis, the formulation of trading plans, the handling of emergencies, the physical and psychological state of trading, post-trading strategies, follow-up and correction plans, and execution plans, including waiting, waiting for entry and exit points. A summary after closing a transaction, and more.

Trend, Position, Pattern, Money Management, Trading Plan, Trading Strategy, Trading Philosophy.

All of this ultimately depends on execution.

Good analysis, combined with good trading = profit; The analysis is not good, but the trade is good = profitable; Good analysis, bad trading = loss; Analyzing the trades is not good = loss. If you want to make a stable profit, you must have an analysis method based on something other than ** in your trading system.

Forex is highly leveraged, which means high riskSo what do you need to pay attention to when speculating on foreign exchange? The remittance can be summarized into the following three points:

1. Never risk an unbearable loss

Although this is the simplest of all the techniques, traders do not always use this advice. You need to keep in mind that you should never trade with more than you can afford to pay, such as using funds on your credit card, which can have other negative consequences on your life.

There is a saying that "fear of losing money is also losing money", which means that if the transaction cannot afford to lose, there will be a lot of psychological pressure. If you really don't want to lose any money, you have a very different mindset when trading and give that money an unusual value. The feeling of failure is long-lasting, but the joy of profit is fleeting.

2. Be a trader rather than a gambler

There is a clear distinction between a trader who is good at market analysis and a gambler. People who gamble on the forex market are placing bets (trading) and they don't know if they can make money. Although gamblers will make successful trades or achieve consistent profits, they are just trying their luck and will eventually face the loss of funds, while traders understand the risks of the market, they continue to practice trading in the market, and develop their own trading strategies, although traders will also face losses, but by constantly summarizing trading strategies, they will eventually make profits. Having faith in what you're doing, knowing that it will pay off in the end, is a very powerful force.

3. Set different transaction sizes

The size of the trading position varies depending on the currency pair and the market, and the stop loss range also changes. If you use the same size account size for all your trades, you can lose a wide range of funds.

A very basic example is when a trader always enters the market with a set of 100,000 trades. If the stop loss is 20 pips for the first trade and 10 pips for the second trade, then they may be risking twice as much on the first trade. The easiest way to solve this problem is to determine your ** size before entering the market to ensure that the amount or percentage of money you are risking on each trade is the same.