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Newcomers to learning foreign exchange should understand the knowledge points
{}Posted in2023/2/25 20:03:00 | 4Browse
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fxrebatecentral the foreign exchange: First: to understand the basic concept of foreign exchange, how to speculate, what tools and software need to do to assist. Understand the form of Chinese foreign exchange. Second: first to participate in simulation operations, master the basic software buying and selling rules, learn to see the K-line, familiar with the basic indicators. How to see the market information! Third: further, learn to look at the external fundamentals, the basic analysis of economic data, familiar with the basic technical analysis, how to see resistance, support. Understand the foreign exchange market, how to look at experts, institutions, banks exchange rate! Do not follow the single do. Fourth: learn to trade master operating methods, take its essence! Familiar with the major investment theories, trading systems, focusing on money management in the first place, grasp the mindset, active physical exercise. Understand the global macroeconomic form, the political landscape. Fifth: do not start with a mob idea. The financial market will not let you take money away without paying tuition! Newcomers to learning foreign exchange investment is like learning to drive, mainly including the following five stages: Stage 1: not yet realize
forexrebatecommission they are an unqualified trader in this stage, you think that doing foreign exchange is a good way to earn money, because you have heard that many people from the foreign exchange market to earn money, many people have become millionaires Stage 2: realize that they are an unqualified trader in this stage, you realize that in order to succeed, they Stage 3: At the end of Stage 2, you realize that it is not the system itself that makes the difference between different traders You realize that if you think and manage your money correctly, you can make money even with simple moving averages; you start trying to read books on trading philosophy and psychology and You begin to try to read books on trading philosophy and psychology and try to identify the personality traits described in these books Stage 4: Realize you are a competent trader You accept every trade your system signals; you can treat losses like profits; you can cut off losses and let profits run because you know your system wins more than it loses Stage 5: Unconscious competent trader Everything is now in place - just as you drive unconsciously every day, you are in a state of unconscious trading every day
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