After being stuck in foreign exchange speculation , any operation we do is passive. After the quilt, I truly realized how important it is to enter the market. Let’s take a look at one of the Forex Trading Tips : How to Unlock?
- If foreign exchange investors are stuck in foreign exchange trading , according to chart analysis, if the currency purchased is at a high level, they must stop loss immediately.
- If the purchased currency is in the middle, you can temporarily wait and see according to the situation at that time, in order to solve the problem and leave the market or lighten up positions to reduce losses.
- If the purchased currency is at a low level, there is no need to rush to stop the loss. After the purchased currency has fallen and stabilized, you should dare to cover the position at a low level at an important support level to dilute the cost. In the next rebound in the market Rescue the high-level locked positions together.
- If the currency purchased is in an upward trend, there is no need to stop the loss. If you hold it patiently for a period of time, it will inevitably be released, and there will even be a greater possibility of profit.
- If the purchased currency is in a balanced and volatile trend, there is no need to stop loss immediately, and patiently wait for the currency to enter the high level of the shock cycle. Once the currency is released or the loss is small, you should leave the market decisively.
- If the purchased currency is in a downward trend, once it is confirmed that the downward trend has formed, you should stop your losses immediately, and you must not have any illusions about gains and losses. Any hesitation and hesitation may lead to a deep entanglement that is difficult to extricate.