First: Stop loss setting
When placing an order, you should think about how much the stop loss price is and whether it is reasonable. Fill in the stop-loss price immediately after placing the order. Why did you fill in the stop loss in the first place? If the market is not what you want to go, you can reduce the loss at the first time. Stop loss means stopping losses, and only small losses can keep vitality. The author has repeatedly analyzed that risk control is the first and profit is the second.
Second: break through the consolidation zone.
When the consolidation zone that has been maintained for some time is broken, the price of gold will move quickly. Market participants' views on value have changed. The bulls are very confident to intervene, and people who are looking in the wrong direction are also rushing to close their positions, and various forces are pushing prices. At this time, you should enter the venue in time along the breakthrough direction and enjoy the fun of sitting in a sedan chair.
Third: point judgment
The position of the order is very important. Although gold is operated in two modes, multi-mode operation and short mode operation, it is actually operated in four modes, low mode operation, low mode operation, high mode operation and high mode operation. In unilateral momentum, these four modes are all desirable. If it is in a volatile trend, remember not to operate with low mode and high mode, which is equivalent to chasing up and killing down. Don't forget that many people are chasing up and down, resulting in losses. Many partners often ask me how to judge this point. I don't think it can be explained clearly in a few words. It is mainly to analyze the pressure and support of the high and low points in the early stage, and then combine some indicators according to the characteristics of the K-line.
Fourth: Balance market support/resistance.
Long and short forces are temporarily balanced, bulls can always organize upward attacks at the lower support level of the balanced market, and bears can always be crushed at the upper pressure level of the balanced market. When the price returns to these key positions, the opportunity comes, but we should pay attention to three or four breakthroughs!
Fifth: position control
How to allocate funds is related to how much you can bear in your heart. If the position is too large or Man Cang operates, once the trend reverses, the loss will increase, and the pressure in your heart will also increase. It is often impossible to carefully analyze the market trend, which leads to wrong operation. If the position is not well controlled, you will encounter a better market. Because you can't bear to add more positions, then the good market in front of you will be missed. This is what many friends have talked to me about. Seeing that my position has been pulled up, I just dare not go in again. The unilateral position is too heavy and pulled back, and the final outcome is the explosion!
Sixth. Clearance clearance
At the opening stage, the bulls entered the market violently, forming a gap. Its characteristic is to support or resist. Building positions along the gap direction has a high winning rate. However, since there are several gaps, such as ordinary, breakthrough, relay and exhaustion, it is best to distinguish clearly according to the overall environment before acting.
Seventh: take profit and persist.
Many people often don't take profit well, so that the profit list becomes a loss list. Under the unilateral trend, take profit can increase profit space by pushing stop loss method. In a volatile market, take profit often requires personal thinking to close the position. Not every order has to earn thousands of dollars. In the fluctuating market, sometimes hundreds of profits add up. Friends who have done real positions should know that when the list is profitable, it often comes out quickly and can't be kept. They fled in a hurry before they reached the profit-taking position, but they didn't worry when they lost, so they resisted, and the result was less profit thanks to it.
Eighth: break through the failure trap
When the gold price fails to touch the resistance level (or support level), it usually goes all out to return to the original value range. The longer the time period of hitting the reference point, the wider the return interval, which is due to the concept of market equilibrium.
Ninth: Make good use of stop-loss orders to reduce risks.
When you trade, you should establish a tolerable loss range and make good use of stop-loss trading to avoid huge losses. The loss range should be set at 3- 10% of the total account amount according to the fund situation of the account. When the loss amount has reached your tolerance limit, don't make excuses to try to put all your eggs in one basket and wait for the market to turn around. You should close your position immediately, even if the market really turns around after 5 minutes, don't be gentle, because you have already withdrawn the market and continue to turn around. You must make a trading strategy, remember that you control the trading, not let the trading control you and hurt yourself. [2]
The transaction volume should be measured according to the account amount, not too much. If the account funds are less than $3,000, it is suitable for 0.5 transaction; The account funds are between $3,000 and $5,000. Don't exceed 1 unless you can be sure that the trend is favorable to you. If the account amount is $ 10000, the number of transactions should not exceed 2 lots. According to this law, risks can be effectively controlled. It is unwise to trade too many hands at a time, and it is easy to produce out-of-control losses. The amount of the deposit shall not exceed 30% of the total amount of funds.