If you want to double your profits by investing in Forex, it is important to grasp these points

Updated on Financial 2024-04-28
13 answers
  1. Anonymous users2024-02-08

    <> promise is a lie that you can't believe but must be believed by others.

  2. Anonymous users2024-02-07

    How to stop loss by speculating in foreign exchange? In the foreign exchange market, there is often volatility and instability, so risks and opportunities coexist in the trading process, and it is very important to grasp market opportunities and effectively avoid risks in foreign exchange stop loss. The financial education network has sorted out three stop-loss methods for foreign exchange trading:

    1. Stop loss of funds.

    This is the simplest foreign exchange stop loss method, we control the risk in a fixed proportion of account funds for each transaction, when making money continuously, this proportion represents the amount will increase, so you can invest more money to make more profits, when you lose money continuously, on the contrary, it may reduce losses.

    2. Chart stop loss.

    The charts of technical analysis can generate a lot of possible forex ***, such as resistance levels, support levels, Fibonacci numbers, etc., which are more logical than a fixed number of forex ***, and we can deduce from *** how many contracts to trade so as not to break the rules of money management.

    Suppose we have a $10,000 account, the money management stipulates that the risk of each trade does not exceed 5%, and the resistance level shows that the stop loss is 30 points, and the risk of 5% of the $10,000 account is 500 USD, which is equivalent to 50 points (assuming 1 point = 10 USD), so 50 30=, that is, we can trade the standard contract, and meet the requirements of money management.

    3. Volatility stop loss.

    The theory of fluctuation stop loss is like this: when the market volatility is more intense, the price will change in a relatively large range, at this time the foreign exchange stop loss points should be set relatively large, so as not to be stopped out by market noise, on the contrary, when the market is calmer, the stop loss points can be set relatively small.

    A common method of stopping losses is to use Bollinger Bands. Because this indicator takes the volatility into account when calculating, it is specifically reflected in the fact that the distance between the upper and lower bands is larger when the volatility is larger, and the opposite is smaller. When making a buy order, the *** is set at the lower band, and the sell order is about the upper band, and the fluctuating stop loss is generally for more long-term transactions.

    There are many ways to stop loss, but in fact, as long as you recognize one or two of them, and strictly implement them, the method is to apply your own trading is a good way to stop loss.

  3. Anonymous users2024-02-06

    Learn some basic things, then learn the usual technical indicators, Fibonacci and the like, and finally operate the Convergence.

  4. Anonymous users2024-02-05

    Whether you make money in foreign exchange investment depends on whether you can trade and whether you can catch the trend.

    Foreign exchange investment requires a very strong heart to support trading, and it can easily make a profit or loss of hundreds of dollars, which really tests the perseverance of investors.

    The foreign exchange market is a place of eternal change, there is no way to win undefeated, especially technical analysis is a kind of follow-the-trend operation, the only thing to do is to maintain a sense of awe of the market, check the operation of the system at any time, when the abnormal results of multiple transactions appear, confirm that there is a new special change in the currency must be re-established after the new strategy. Mindset influences an investor's trading strategy at all times.

    Therefore, mentality is very important for foreign exchange and even other financial investments!

  5. Anonymous users2024-02-04

    Mentality, technology, money are all important.

  6. Anonymous users2024-02-03

    x Jiang Xue Tang Liu Zongyuan Thousand Mountains and Birds Fly Away,

  7. Anonymous users2024-02-02

    Mentality, technology, money, platform are all important.

    You can also trade through EA, think of a good strategy, write a good EA, and then, try to hand it over to EA to operate, reduce the interference of human nature, and the probability of making money is greater than that of people to operate, ing has a good EA to share.

  8. Anonymous users2024-02-01

    When in danger, learn geckos. When you have the opportunity, learn from the wolf.

    1.Losses are limited to small amounts and are easy to do.

    a. When engaging in a transaction, you must assume that you are right before you are proven wrong.

    b. When you touch your ***, the market has proven you wrong, stop loss immediately.

    c. Don't lose first, and then try to win. Small losses when you lose, big wins when you win.

    2.Profitable enough to run, it's hard to do.

    a. **Historical statistics support your own judgment.

    b. The general trend has not changed.

    c. *** has protected part of its own floating profits.

    d. Sufficient floating profit support.

    e. Appropriate order position, not easy to be repeatedly tortured by ****.

    f. Confidence, patience, and firmness.

    g. Exercise decompression.

    h. Increase positions prudently.

  9. Anonymous users2024-01-31

    Foreign exchange trading needs more than ****, generally no three or five years is not able to touch the door of stable profits, so how can we achieve continuous and stable profits? Check and check to see if you are right on the following points

    1. Determine revenue targets. In the process of speculating in foreign exchange, you should decide what kind of operation strategy you should adopt according to the profit target you want to achieve, and decide what types of transactions you can do and which types of transactions you can't.

    2. Establish your own trading style. In foreign exchange trading, many investors just blindly participate in the transaction, but ignore the understanding of their own characteristics, because of their own mentality and personality characteristics are also the key factors that determine the success or failure of the transaction. Understanding your own characteristics, understanding your risk tolerance, and establishing a trading style are also the keys to helping you make a profit.

    3. Form your own analysis system. There are many ways to analyze foreign exchange trading, and many investors have learned a lot of things, and they have some understanding of various methods but are not proficient. In a mature and stable profit system, its own unique analysis system should be indispensable.

    Use your own analysis methods to determine the medium-term direction of each exchange rate, guess the key technical support and resistance levels in the medium term, the short-term technical support and resistance levels, and the strength. The importance of each analytical method is determined based on the level of knowledge and experience in applying the analysis.

    After clarifying the importance of the analytical method, according to the principle of subordinating the short term to the medium term, the investor can determine the support and resistance levels of the medium line and the first currency according to different time periods, and determine the strength of each support and resistance level according to the number of methods used to make the Suina uproar and the number of methods used to draw conclusions. In trading, investors should verify their own analysis methods more often, because once the analysis system is formed, it cannot be changed.

    4. Determine the characteristics of the market. An effective grasp of the market can undoubtedly increase our profitability, such as trends, support and resistance levels, strength, etc., through the analysis of these indicators to determine the trading strategy and evaluate the trading risk.

    5. Effective fund management. Analyze the strength of the support and resistance levels based on the forex trading strategy and evaluate the trading profit and loss ratio through the results of this analysis, so as to carry out effective money management.

  10. Anonymous users2024-01-30

    Since we can't fight these predators, why don't we follow them, and we can eat meat and drink some soup. Assuming that we know some of the thoughts of the predators, I think there must be these possibilities, either they use their own resources to get some information, or they use their own ** will release some information to guide the market, or they use their own influence to guide, in short, I think these people who have been in the financial world for so many years have connections all over the ** agencies, IMF, major economic organizations, banks, consortiums, rating agencies, etc., they use this relationship casually, You can get instructive information. Don't easily trust what their information disclosure is the most fair and safe.

    There are no impermeable walls in the world, and they will always find ways to get new and good things without breaking the rules. Then I think that after getting these resources, the success of the predators will begin. Huitong foreign exchange Q&A.

  11. Anonymous users2024-01-29

    Profitable?

    That's a good question.

    If only anyone could know the answer, there would be no poor people in the world.

    Buddha Day The answer is in your heart.

  12. Anonymous users2024-01-28

    Time. Everything else is needed. The k-line is like a new language, and it takes 15-20 years for a normal person to understand it. No matter how fast it is, it will take 10 years.

  13. Anonymous users2024-01-27

    Follow the trend and do what the market wants.

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