Investors in the gold market cannot expect that every transaction will be profitable, but if the opportunity comes, it is still very important to grasp it. The purpose of chasing orders in the process of gold trading is to close positions. Investors should seize key opportunities to pursue orders, and also set reasonable take-profit and stop-loss levels.
Gold speculation naturally hopes to maximize profits. When encountering better market conditions, gold investors will get better profits. So naturally, no one will dislike the profit obtained. Therefore, in gold investment, there is an investment skill of chasing orders. Speculating in gold chasing orders means that investors place additional orders when they are profitable, and make additional profits, hoping to get more profit. So how to pursue orders for gold speculation? What should I pay attention to when chasing an order?
- Pursuing orders
The price change of gold price is presented by the K-line chart, and the resistance level and support level of the market can be obtained through analysis. When the gold price breaks through the resistance level or support level, investors can chase the order at this time, but the chase order It should not be too much, just chasing orders at 3-5 US dollars, too much chasing orders, the market contraction will become a loss.
- Strong market volatility
When some international news or economic data are released, the price of gold will change obviously, such as the announcement of non-agricultural data. Investors can implement chasing orders based on their own analysis before these data are released, so that they can make profits in advance. Similarly, in the process of data release, gold investors pay attention in real time and make the next step at any time.
- Pursuing orders after market opening
The gold speculation market is an international market, which is carried out alternately by the three markets of Asia and Europe. When the European and American markets open, the market will fluctuate more violently due to the announcement of some data or the main force of the market. During the trading hours of the European and American markets, investors can appropriately pursue orders, but it should not be too much. Because the market trend is not very clear.
- Quick fight
Pursuing orders is actually a little trick to use market fluctuations to make additional profits, but gold investors can’t be addicted to chasing orders and cannot extricate themselves. mentality of the person.