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HomeGoldHow to choose the operation cycle for gold speculation?

How to choose the operation cycle for gold speculation?

  1. There are differences in the market conditions of different time periods

First of all, it should be noted that the gold market in different time periods is very different. The specific performance is:

Market size: large cycle, large market; small cycle, small market.

Randomness: Large cycle, small randomness, once a trend is formed, the trend has good extension and volatility. The randomness of the small cycle is stronger, it is difficult to grasp, and the requirements for technology and operation are higher.

Timeliness: The market with a large cycle takes a long time and requires a high test of patience and perseverance for investors.

Amount of capital occupied: For large-cycle operations, the stop loss should be large, and the requirements for capital are higher. Small capital is not suitable for large-scale cycles.

  1. Amount of funds

Generally speaking, small funds can only operate in small periods, such as periods of 4 hours and below, while large funds can participate in large and small periods.

  1. Personality

In addition to capital issues, there is also the personal character of investors. Some investors are impatient and suitable for short cycles, that is, a cycle of 1 hour or less. Some people have calm personality and perseverance, and they can try to do large-cycle market, that is, a cycle of more than 4 hours.

  1. Investment experience

Everyone’s situation is different, the size of the operating cycle is relative, and the experience of investors is also very important. Generally, novice customers are keen to do short-term trading frequently, while more and more experienced veterans are slowly amplifying their operation cycle.