Introduction to paper gold, introduction to paper gold novices

With its durable, beautiful and rare properties, it has been an effective tool for people to maintain and increase their value since ancient times. In recent years, ** investment has swept the world and is widely sought after by investors.

At present, domestic investment is mainly divided into two categories: physical transactions and paper transactions. The so-called physical ** transaction refers to the transaction method that can withdraw the physical **, while the paper ** transaction can only reflect the buying and selling status through the book, and cannot withdraw the physical **. Both trading methods have their advantages:

If for the purpose of personal collection or gifting relatives and friends, investors can choose to trade in kind, but if they expect to make a profit from trading through investment, then paper is undoubtedly the best choice. Compared with physical transactions, paper transactions do not have additional transaction costs such as storage fees, transportation fees and appraisal fees, and the investment cost is low, and at the same time, it will not encounter the dilemma of "easy to buy and difficult to sell" that usually exists in physical transactions.

In order to meet the needs of the majority of investors for investment, Bank of China Shanghai Branch has taken the lead in launching the personal real trading business in the country since November 18, 2003, referred to as "Bao". The launch of the first treasure product not only provides investors with a good profitability of the first investment product, but also makes up for the gap in the domestic related investment field, becoming the first paper trading product in the country.

**Bao trading starting point is low, 10 grams of paper**, investors only need 1,000 yuan to invest, at the same time**Bao** by the international **market** direct conversion, closer to market changes. In 2005, **Bao realized 24-hour trading, and in 2006, US dollars were about to be launched......"**Bao" local currency gold trading rules:

Trading variety: local currency, RMB.

Trade in grams (1 ounce gram).

The starting amount of each transaction is 10 grams, and the number of whole grams of 10 grams or more is 10 grams for each transaction.

Trading hours are traded all day, Monday 8 a.m. to Saturday 3 a.m., daily 3 a.m. to 4 a.m. accounting processing, in case of international and domestic holidays, customers will be notified in advance.

Transaction methods: counter, ** bank, online banking, self-service terminals, etc. The formula for calculating the middle price of "**Bao":

The central price of the international market**** the central rate of the spot settlement and sale of foreign exchange between the US dollar and the RMB on the same day is the conversion unit between ounces and grams, 1 ounce gram).

Psychological preparation for investment: Investing in "**Bao" does not accrue interest, nor can you obtain dividends and other benefits in **, **investment, so you can only make a profit by buying low and selling high to earn a profit from the bid-ask spread.

Affected by a variety of factors, so like any other investment varieties, investing in "** Bao" will also face certain risks, and investors must maintain a good investment mentality.

Factors affecting gold prices: the strength of the US dollar, the regional situation, global inflationary pressures, changes in supply and demand, the increase or decrease of central bank reserves, the rise and fall of international reserves, the hedging operations of producers, the global economy and, the performance of the bond market, the trading volume of COMEX and the reference of open interest.

1. Understand the characteristics of paper.

2. You can go to the Industrial and Rural Commercial Construction Bank to open a card and open online banking.

3. Deposit money to enter, and you can start operating on the official website.

Hope it helps, thank you.

The spot ** account opening process is very simple, this is different according to the start process provided by the company, choose the type of spot gold you want to invest in and the platform, and then submit personal information to open an account. It is recommended not to go to the bank, then the operation will be very troublesome, and the commission is high, there are many good account opening platforms, such as Ruibo Gold is very good.

1. Do not operate against the trend

Thick pants can only be long in an upward wave, and can only be short in a falling wave, and even as long as there is no earth reversal, remember not to operate against the trend! The market will not be transferred by the will of people and the land, and the market will only extend according to the laws of the market. It is really unwise to trade a large risk for a small profit.

2. Remember to trade frequently

Some investors may have compulsive trading disorder, want to trade every day, and feel uncomfortable not trading; Remind everyone not to trade for the sake of trading, the ** that can be profitable is not every day, we must use limited energy to catch the volatility **. In this way, not only the profit space is large, but also does not need to consume a lot of manpower and time; Mastering market knowledge and improving technical analysis skills can obtain more benefits in the paper market.

3. You have to be vigilant

The world of speculation is changing rapidly, you should be proactive, not passively defensive, and don't pray when you feel bad, and close your position quickly. Don't sleep with a losing order, always remember to stop loss! This is the only thing you can do, and the wisest.

4. Be patient

Investing in paper requires a lot of patience. If you are a newbie and you think that you will make money as soon as you come up and operate directly? I think that if it is unreliable, even if there is a profit, it is also luck, and it is also temporary, investment is not gambling, relying on luck to eat; This requires investors to carefully observe the development and change of the paper market, grasp the future trend of the paper, accurately capture the favorable opportunity to sell, and ensure that every transaction of the paper can be profitable, not in a hurry.

The predecessors left the investment theory and technical analysis we have to carefully read and study, the rise and fall of the paper has a certain regularity, the demand of the market has a specific seasonality, more importantly, the development and change of the paper market and the dollar, oil, politics, economy and many other external dynamic factors have an inevitable correlation, only to grasp the characteristics of the development and change of the paper market in order to become one of the winners, therefore, it is not appropriate to blindly rush to carry out the operation of the paper ** trading transaction at the beginning. After patiently passing the theoretical knowledge learning stage of paper market investment and the qualified cultivation of the real market tracking and observation stage, you can enter the immersive paper investment transaction stage.