Among the friends who invest in foreign exchange, there are probably many investors, and I am no exception (although I play with gold, but gold and foreign exchange are very similar in operation, so I think my investment experience will be helpful to you). In the bull market in 1997, the capital of my playing rights certificate increased by 28 times, but my capital base was relatively low, only 17000 at the beginning. In 2008, the warrant market was in a downturn, and it became harder and harder to earn money. Later, I learned about gold through my friend’s introduction. I first looked at the trend of gold for a few days, and found that it fluctuated violently every day. At that time, I hated why I didn’t know such a good investment market earlier. Compared with the stock market and the equity market, there were too many opportunities to make money in the gold market. I could short and trade for 24 hours, I’m sure I can make a fortune here.
At the beginning, I invested 50000 yuan to test, but in just 10 days, the capital reached 110000 yuan. At that time, I felt that gold was really easy to do, and I planned to earn 10 million yuan in a year. But later, I slowly found that gold was not so easy to do. Many warrant operation techniques failed in the gold market. For example, when I played warrants, I was usually full of positions, and I often jumped back to make short-term price difference, Sometimes 50 times a day, these warrant operation method in the gold market is taboo, pay a heavy price before I fully understand this point.
At that time, I watched the market for more than 10 hours every day and often stayed up late. After several months of trading, I felt that the market situation was very complicated and difficult to grasp. During this period, I burst my position 5-6 times. For the first time, I lost 100000 yuan in the afternoon. After the burst, I realized the horror of margin trading. Later, the second and third burst was to make up for the previous losses, The results all burst immediately.
Here is a brief account of my first exposure. That afternoon, I placed more than two orders, then fell a little and filled two positions. Unexpectedly, the market continued to plunge sharply. I filled three positions again, but it still fell all the way. Finally, I found that this exposure was very likely. There were more than 30000 in my account at that time, I clearly know that the possibility of bursting is almost 100%, but I’m not willing to cut the flesh. Because I lost too much, I let fate decide. Finally, I burst. After losing too much, people will lose their rationality. When the burst is about to become a reality (it can be judged that the possibility of burst is almost 100%) and they don’t cut the meat, rational investors should cut the meat immediately at this time. They can reduce the loss as much as they can. They must not be allowed to explode. Later, I found out that other people also burst their positions like this. For example, more than 10 friends who played gold with me at that time (all of whom I used to know in the warrant Forum) all made such mistakes. One of them specialized in foreign exchange. One night, he asked me to help him make suggestions. At that time, she had already lost 6000 US dollars and had more than 1000 US dollars in her account. After looking at the market, I found that she was about to burst her position, What he did was an empty order, but the market was climbing strongly. I asked him to cut the meat quickly. He said that he had lost so much and he had to continue to gamble. I strongly advised him, but he couldn’t listen to it at all. As a result, he burst his position. Later, she told me that he also saw that it was possible for him to burst his position, but he had to leave it to fate. This is the weakness of human nature.
At the beginning, more than 10 of us entered the gold market with full confidence. At present, only one friend and I continue to stick to it. Everyone has exploded their positions at least twice. Some people are forced to quit because they have no capital, and some people are forced to play stock again. At present, I play stocks and warrants in the daytime and gold in the evening. After countless transactions, I have mastered a set of very good operation plans for you to share, so that you can earn more money from foreigners.
1) At any time can not be full position, the best control in 1 / 5 of the following positions.
2) Never stay up late, a long time will seriously overdraft energy, seriously affect the thinking ability.
3) Generally, 8:00-12:00 p.m. is the time period for trading, and it is avoided to exceed 12:00 p.m.
4) We should basically ignore the research on the fundamentals, such as the dollar index, non-agricultural data, oil and so on. These are basically meaningless to our retail investors. We are not strategic investors, as long as we rely on technology to make some profits every day. I used to use two computers to watch the market, and the other computer is dedicated to watch the dollar index and oil. Now I basically use one computer.
5) Don’t look at the operational suggestions put forward by some analysts, such as running in the $900-920 range today, shorting below 918, long above 905, resistance level 915918920, support level 900905910 and so on. These operational suggestions have no practical significance. If we rely on these forecasts to operate for a long time, we will lose the principal, and we all appreciate the level of stock commentators, Foreign exchange analysts are almost the same as stock commentators. The experts all exist in the experienced retail investors. There are no experts in stock commentators and analysts. The real experts predict the short-term trend step by step according to the real-time disk, and then operate. They never predict the market in the next 24 hours one day in advance, and the immortals can’t do that.