1. Choose a mainstream platform (supervised by FSA or NFA, indicating whether the operation and capital flow are standardized and serious to ensure safety).
2. Basic knowledge is necessary. It is recommended to read Introduction to Gold Foreign Exchange, Japanese Candle Chart Curve, Super Short-term Master and Foreign Exchange A-Z, etc.
3. It is very important to set stop loss and control positions when trading;
It is normal to make a profit by keeping a good attitude.
On the risks of foreign exchange speculation;
Although foreign exchange margin trading can effectively control investors' losses, it can also amplify investors' returns, which fully reflects its leverage effect of being small and broad.
But it is precisely because of this high leverage that it has higher risks.
Because the participants in margin trading only pay a small percentage of the margin, the normal fluctuation of foreign exchange prices is magnified several times or even dozens of times, and the gains and losses brought by this high risk are amazing.
However, many investors are blinded by its high profitability, ignoring margin trading, expanding the nature of risk and blindly pursuing speculative profits.
It is a relatively new investment product in domestic margin trading. Even in more developed countries, foreign exchange margin business is generally regarded as a highly speculative and high-risk product.