First of all, make a good trading plan, only seize the opportunities that you can grasp, and take a short rest if the order is not successful.
Every futures transaction bill must have a basis. Crude oil futures account opening is free. You must be familiar with the futures market in advance and understand various factors that affect the price of crude oil futures. Trading judgments should not be based on hopes and subjective guesses, but crude oil futures must pass Fundamental analysis and technical analysis to draw conclusions. The futures market is unpredictable. When you don’t understand the futures market, or when you are worried about your futures position, you need to rest or reduce your positions. You need to master skills in futures trading. Daily trading will dull your judgment. It will have a more detached view of the market, it will also help you adjust to the best trading mentality, allow you to formulate a reasonable futures trading strategy, and enable you to have a better vision to observe many factors in the market.
Do every order carefully, only do the opportunities you can grasp, and invest in the light warehouse. There are some profitable investors who always love to chase the price. When the price rises, it is considered to be a reversal of the market. Do not speculate on futures based on subjective speculation. You must have your own trading principles and clear market signals. Only by making big losses and small losses can we accumulate futures profits. To expand profits, we need to have an overall view. Profitable contracts are not easy to close positions. To keep profits continuous, some retail investors always sell profitable contracts, which may be the reason for the failure of commodity investment. One, if you can’t let your profits continue to grow, your losses will outweigh your profits and you will be crushed. Successful traders say that you can’t close a position just to make a profit. To close a profitable contract, you must have a reason. People who speculate in futures must have the courage to admit their mistakes. They may not be able to admit that they are wrong, or their views on the market are too short-sighted, but only by learning from failed transactions and finding the reasons for losses can they avoid losses better.
To face up to profit and loss, many futures investors do not have a plan when trading. Before trading, they neither set risk limits nor set profit targets. They always close good futures positions and leave bad positions, even if the Having made a plan, they are always “halfway out of the house” and do not stick to the established plan, especially in the case of losses, the result is often excessive operation and eventually forced to sell out.
To learn more about futures knowledge and trading methods, many traders do not pre-set risks, cover positions for losses, and do not set stop losses. Traders often have a bias in the direction, for example, they often place orders with long ideas. Lack of market experience, many investors are emotionally or financially invested in a trade, and are unwilling or unable to stop losses.