How can a beginner in foreign exchange make money, and how to make money in foreign exchange

If you are a novice, it's better to follow the teacher to do it yourself, and it's easy to lose money by feeling When I first entered this industry, I also paid a lot of tuition.

Well, 7 years of veteran can take you and make money.

Hello dear! Here's how to make money in forex trading,1First of all, a stop loss should be set for each order to ensure that the risk is controlled and the profit is stable.

A stop loss is the lifeline of a forex trader, and it minimizes the losses of investors. 2.Light position.

Some people will think that it is slow to make money in this way, but traders who have really survived in the foreign exchange market for a long time understand that avoiding risks, trickling water for a long time, and accumulating water is the first priority. A large part of the size of the transaction risk is reflected in the **, investors should judge their risk tolerance reasonably according to their own capital and operation level, and limit their maximum **3Go with the flow, this is the Dow Theory in forex trading.

Potential is a simple generalization of a graph. 4.Make your forex trading plan, for example, we can plan to operate 10% of the amount of funds, and the rest of the funds will be margin.

When you're doing this, think about the possibility of profit and loss. 5.Maintain a good trading mentality, whether it is victory or defeat, we must sum up experience; Be patient and rational enough and don't let emotions get in the way of your operations.

Hello, I am Yu Lin, a workplace mentor, a senior career planner, with 8 years of experience, with 6 years of career consulting and teaching experience, I can provide you with professional career planning, interview training, resume modification, potential mining, etc., and have provided services for many people. The foreign exchange market is a high-risk and high-reward market, and if you want to make money in the foreign exchange market, you need to master the following points:1

Learn foreign exchange knowledge: Before conducting foreign exchange trading, you need to understand the basic knowledge of the foreign exchange market, such as currency pairs, trading varieties, trading methods, risk control, etc., which can be mastered by studying books, participating in training, and consulting with professionals. 2.

Develop a trading strategy: Before trading foreign exchange, you need to develop your own trading strategy, including trading objectives, risk control, stop loss points, profit points, etc., which can be adjusted according to your own experience and market conditions. 3.

Technical Analysis: Through technical analysis, you can understand the market trend and trend in order to make ** and sell operations at the right time, and you can use various technical indicators and charts for analysis. 4.

Fund management: When conducting foreign exchange transactions, it is necessary to pay attention to capital management, that is, to reasonably control capital risks, avoid excessive leverage and excessive trading, and use diversified investment, stop loss and other ways to control risks. 5.

Track market dynamics: The foreign exchange market is volatile, and it is necessary to pay attention to market dynamics and news events in time in order to adjust trading strategies and stop loss points in time. It should be noted that there are certain risks in foreign exchange trading, which need to be operated cautiously, and it is not recommended to blindly follow the trend or chase high and kill low.

It is recommended that beginners can do demo trading or choose some well-known foreign exchange trading platforms for real trading.