How to trade for forex novices? How to place an order for foreign exchange speculation is correct

Updated on Financial 2024-04-22
18 answers
  1. Anonymous users2024-02-08

    How to make an order at the beginning of opening an account for a beginner in foreign exchange? Foreign exchange investors at the beginning of the foreign exchange account opening transactions many people will be liquidated, at the beginning of the market is not familiar with the market, investors should spend more effort and time to explore their own trading methods and prevent risks, should put stability in the first place.

    On the one hand, investors can familiarize themselves with the platform through simulated trading, on the other hand, they should begin to learn to analyze seriously when they start to practice trading, and do simulated trading as a practical transaction to cultivate their trading habits.

    Avoid heavy position operations, investors open a foreign exchange account after trading heavy positions for the reason is very simple, is to make money quickly, but in the foreign exchange market to make money must also bear a certain amount of risk, if the risk is beyond their own tolerance, trading is easy to bring great harm to themselves.

    Clear the meaning of stop loss, the first thing investors should learn after opening a foreign exchange account is to set a stop loss, stop loss seems to still have losses, but in essence, it is to maintain their own funds, to avoid large losses with small losses is the true meaning of stop loss setting, and the difficulty of the loss is the fundamental reason why the stop loss must be set.

    After opening a foreign exchange account, investors should not be in a hurry to make money, first of all, they must learn to survive in the market, and only with the ability to survive can they make money in the foreign exchange market.

  2. Anonymous users2024-02-07

    The biggest problem for novice traders.

  3. Anonymous users2024-02-06

    For novices who are new to foreign exchange trading, they are not too familiar with the use of foreign exchange trading software after opening a foreign exchange account, and they do not know how to quickly place orders to complete transactions. Next, we will introduce you to the steps of placing an order for foreign exchange trading.

    The steps to place an order for forex trading are also very simple, and traders generally only need two to three steps to complete the order. Taking the most commonly used MT4 software in the market as an example, MT4 has three ways to place orders quickly, namely placing orders in the symbol column, placing orders in the chart window, and placing orders through "click to trade". Next, let's introduce the order steps of these three order methods.

    After logging in to MT4, the trader hovers the mouse over the symbol he wants to trade, then right-click on "New Order" and set the parameters to complete the order.

    The trader places the mouse directly on the chart window of the product he wants to trade, then right-click on the blank space, click "New Order", and also set the parameters such as the number of trading lots and the direction of the order to complete the order.

    First of all, the trader needs to set up a one-click trade. The setting method is to click "Options" - "Trade" in the "Tools" bar of MT4 and then check "Click to Trade".

    At this time, a button will appear in the upper left corner of the chart, and the trader can directly click "sell" or "buy" to complete the order after setting the trading lot.

    The above is the introduction of the three foreign exchange trading order steps, and it is recommended that traders use "one-click trading" to place orders, so that the order is more rapid and fast, and will not delay the good trading time.

  4. Anonymous users2024-02-05

    1. Fundamental analysis.

    From here, choose the direction, whether to buy up or down, what is the atmosphere in the exchange rate market;

    2. Technical analysis.

    From here to decide the general area of buying and selling;

    3. The entry time is determined.

    Each currency has different properties and therefore has different levels of activity at different times;

    4. Stop loss and target setting.

    The ratio of stop loss and target is generally set to 1:3, otherwise, the quality of this order is problematic;

    5. Determination of position time.

    The holding time of a list is how long it will take to reach the goal set by yourself, so as to avoid the impetuousness of the sluggish time, because the established goal cannot be completed within 5 minutes;

    6. The price of adding orders.

    When the market develops in your favor, when an important support or resistance is broken, when the reversal is reversed, you should consider adding orders to maximize profits, and this ratio and position should be considered in advance;

    7. Fund management.

    That is to say, when making the above plan, you should consider the proportion of open positions and control your funds at a more reasonable level.

  5. Anonymous users2024-02-04

    with him. Rastigne brought the old man to the dining room and was terrified. in you.

  6. Anonymous users2024-02-03

    That is, before placing an order, conduct a virtual transaction, because virtual trading can make you grow this investment experience, but now there are a lot of fake virtual transactions, so you still need a regular trading platform, what does Baoxing say, you can learn, mainly depends on your own persistence, and talent.

  7. Anonymous users2024-02-02

    Heartily pushed away the fine poke hug.

  8. Anonymous users2024-02-01

    First. Choose a formal platform: a platform regulated by the FSA or NFA, with fair transactions and safe funds.

    Second. Find a professional analyst to verify your strength and learn how to operate.

    Third. Have a good attitude: strict stop loss, reasonable allocation, and risk control.

    The foreign exchange market refers to a trading place that engages in foreign exchange trading and adjusts the supply and demand of foreign exchange in the world. Its function is to deal in monetary commodities, i.e., the currencies of different countries.

    In the world, due to economic exchanges such as investment, tourism, etc., there will inevitably be a relationship between monetary revenue and expenditure. However, the monetary systems of different countries are different, and if you want to pay abroad, you must first buy foreign currency in your own currency; On the other hand, foreign currency payment vouchers received from abroad must also be converted into the currency of the home country in order to circulate in the country. In this way, the problem of the exchange of the national currency with foreign currencies arises.

    The comparison of the currencies of two countries is called the exchange rate or exchange rate. In order to implement foreign exchange policies and affect foreign exchange rates, the leading banks in Western countries and China often buy and sell foreign exchange institutions.

  9. Anonymous users2024-01-31

    See if you want to research the technology on your own, have fun, or make a lot of money. 1. If you have a large amount of money, it is recommended to entrust the management of ** company. 2. Learn technology to choose a formal platform and trading software, and do a simulated disk first.

    Try to treat the simulated market as a real market, so that you will not lose too much when you do the real market in the early stage, add more foreign exchange groups, communicate more, and see how they make orders. Step by step, this is not entirely based on talent, nor is it made overnight, not for two or three years, don't tell others that you can guarantee profits.

  10. Anonymous users2024-01-30

    It is necessary to master the various factors of foreign exchange fluctuations, as well as the ability to analyze the best charts. If it is a transaction, it is necessary to cultivate your own trading mentality, summarize and improve your trading system.

  11. Anonymous users2024-01-29

    You can also consult the relevant company (don't rush to invest first).

    When you understand it clearly, you can decide for yourself, and the analyst will give you your opinion, and you will judge for yourself.

  12. Anonymous users2024-01-28

    It's better not to do it, and now they are doing electronic spot for bulk agricultural products

  13. Anonymous users2024-01-27

    1. The best way is to find the current insiders to lead.

    2. The second is to find people who have not done it anymore and learn from experience.

    3. Build a small circle Drink some people who are just starting out to share and improve together.

  14. Anonymous users2024-01-26

    If you get started in the early stage, under the guidance of senior analysts, theory and simulation practice will make you get started faster.

  15. Anonymous users2024-01-25

    Clause. 1. Firm up your investment principles.

    1. Survival first, development second.

    2. Only do intraday**.

    3. Operate no more than 5 times a day, and try not to make orders after the daily profit exceeds the target set by yourself.

    4. Only make 1 variety per day.

    Clause. 2. Find yourself a few guiding ideas.

    1. Establish the concept that there are opportunities every day, wait patiently, and wait for the rabbit.

    2. Establish the concept of fighting a protracted war and overcome the impatience of being eager to win.

    3. Establish the concept of winning without loss, and make reasonable use of stop loss.

    4. Establish the concept of falling into the bag for safety, and turn the floating profit into real profit in a timely manner.

    Clause. 3. Adopt a fixed set of profit tactics.

    1. Find a ** you are most familiar with as a guide and grasp the direction of the day.

    2. Only do one trading direction, only long above **, and only short below **.

    3. Find the time period when you make the most profit every day, and try to give full play to your advantages in this time period.

    4. Summarize experience every day and constantly improve tactics.

  16. Anonymous users2024-01-24

    Chasing orders, literally very well understood, is the meaning of additional bills. In foreign exchange investment, once it is clear or traders are very confident in trend analysis, they will choose to use the method of chasing orders to expand their profits. Successful chasing orders can easily double the profit of foreign exchange trading, but if you fail to chase orders, it is easy to cause losses in a short period of time.

    Therefore, there are certain operational skills in the operation of chasing orders in foreign exchange investment. Here, Yuhui International explains the use of order chasing operation skills in foreign exchange speculation for the majority of foreign exchange investors.

    First, it is to have an accurate grasp of the timing of foreign exchange trading, and the best time to chase orders is when the foreign exchange market fluctuates strongly, such as the moment when the trend breaks and the market opens.

    When entering the market when the ** fluctuates violently, the ** of the next second may be very different from the previous second, when we see the ** trend in the range, the mind must react quickly, see the ideal price immediately chase the order, and operate quickly.

    Second, the trader should close the position in time after making a profit. When the **** is broken, it will often go in the direction of the breakthrough for a period of time, and what we have to do is to close the position after the profit. Because when we chase orders, the fluctuation is relatively fast, so after the order is filled, we should set a take-profit **.

    When the **** arrives at the take profit, the income will automatically go into our pockets.

    Why is it important to set a take profit and play it in time? Because most of the foreign exchange traders are greedy, always expect to be higher and higher, but the fall is inevitable, if you do not set the take profit, it is possible because of the greed in the heart and make their own profits disappear again, many people think that they can leave the market in time in the transaction, these people tend to overestimate their control over greed.

    The most important thing we want to chase is to make more profits, rather than losing back the profits we have received because of our greed. So, the best thing to do is to leave everything to a fixed trading plan to execute, and take it as soon as you see it.

  17. Anonymous users2024-01-23

    Answer: When you realize that you have been deceived, you must believe in how you were deceived and how you fell into their trap, and at the same time collect some relevant information about your deception, as long as their platform is still open, you can recover your losses by defending your rights.

    Call on the victims who have been deceived to find legal ways to recover their losses in time when they realize that they have been deceived, and to do everything possible to protect their interests.

    Time is money, and rights protection must be urgent+++ nest].

  18. Anonymous users2024-01-22

    The first thing to pay attention to is to do a reverse single, short GBP/JPY, down more than 100 points, trend line, **line are empty trend, see **very low, at this time I thought **will**, just long, the result is**did not rise, but also fell 246 points. The dark days are not over, according to the trend line, **line, **line shows that the trend is to go long GBPJPY, but **start ** after entering**. I was anxious to make up for the loss of the previous day, and made the decision again, but the trend line, the **line, and the **line were obvious**, so that I lost more than 60 points.

    In fact, people are like this, no matter whether the trend shows ** or not, I always think that it will be **, so I have been holding long orders, but I didn't expect ** to go against us, and finally fell 177 points. Immediately after I chased the order, went into the short, fell 100 points to close the position, there was a large display of the ** area, 100 points have been earned and closed the position, but due to the greed of human nature, look at the trend line is still green, **line is also in the strong area**, just follow the hand of the short order, but unfortunately, just click the mouse ** began to rise, the result rose more than 340 points, the loss can be imagined.

    1. Do your homework.

    Investors who have just entered the market should not blindly open positions, especially margin trading, which can easily be dozens or hundreds of times more than 100 times margin trading, which will make you lose a lot if you encounter large market fluctuations. Before investing, you should learn some relevant knowledge of international finance, such as exchange rate determination theory, balance of payments theory, etc. In addition, you need to learn some basic methods of technical analysis, and be able to skillfully use one or more of them.

    2. Control risks.

    After entering the forex trading market, your first goal is not necessarily to make money, as long as you can survive, your first step is to succeed. A full position is like a moth to a fire, and even the most savvy forex trader cannot guarantee that all his judgments are correct, so if you want to survive in this market, you should not risk being wiped out.

    3. The essence is not much more expensive.

    Forex trading should focus on analyzing one or a few currencies. If there are too many currency pairs involved, it will be difficult to do it because of too much information and information that needs to be collected, and on the other hand, you will miss the opportunity to make profits, because the opportunity in foreign exchange trading is fleeting, and it is too late to change positions when you find that the opportunity is coming.

    4. Buy up, don't buy down.

    Regardless of the occasion, investors who have done forex trading will recognize this problem. Because in ****, the worst choice is only the highest point; And in ****, the best option is only the lowest point. The odds of both making a profit are self-explanatory, but most investors still make mistakes on this point.

    5. Don't be greedy.

    Most investors have the experience of waiting for the profit to reach 10 when the profit reaches 7, and finally the ** mutation is nothing. Receiving when you see a good situation is the mentality that foreign exchange investors should keep.

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