Seven tips for investing in gold and crude oil

The financial market is fair to everyone. Since some people lose money, some people must make money. But if you want to make a profit in investment, there is no shortcut. You can only do your homework seriously every day and accumulate diligently like an ascetic. In addition to providing some investment experience and learning methods, I also hope to find like-minded investment friends and work together. Research. Investment does not happen overnight. Losses in the early period do not mean losses in the later period; profits in the early period do not mean profits in the later period. Therefore, friends who are losing money should not be discouraged, and friends who are making profits should not be complacent. Let yourself invest rationally with a peaceful mind.

1. Learn to establish positions, close positions and make profits

"Establishing a position" means opening. Opening is also called exposure, which is the act of buying gold. Choose the appropriate gold price level

And timing to establish a position is a prerequisite for profitability. If you enter the market at a good time, you have a greater chance of profit: On the contrary, if you enter the market at a bad time, you are prone to losses.

"Liquidation" is a stop-loss measure taken to prevent excessive losses when the gold price suddenly drops after a position is established. For example, if you sell gold at a price of 157, and later the gold price drops to 150, you will see a nominal loss of 7 yuan. In order to prevent the gold price from continuing to decline and causing greater losses, I sold gold at the price level of 150 and ended the exposure with a loss of 7 yuan. Sometimes traders refuse to accept losses and insist on waiting, hoping that the price of gold will turn back. In this way, they will suffer huge losses when the price of gold keeps falling.

The timing of "profit" is more difficult to grasp. After establishing a position, when the price of gold has developed in a direction favorable to you. You can make a profit by closing the market. For example, you buy gold at 145 yuan; when the gold price rises to 150 yuan, you have a profit of 5 yuan, so you sell the gold and make a profit. It is very important to grasp the opportunity to make profits. If the price is closed too early, the profit will not be much; if the price is closed too late, the opportunity may be delayed, and the gold price trend will reverse, with no profit but loss.


2. "Pyramid" overweighting

The meaning of "pyramid" overweighting is: after buying gold for the first time, the price of gold rises. Seeing that the investment is correct, if you want to increase your investment, you should follow the principle of "the amount added each time is less than the last time". In this way, the number of incremental purchases will become less and less, just like a "pyramid". Because the higher the price, the greater the possibility of approaching the top of the rise and the greater the risk.


3. Buy (sell) when there are rumors and sell (buy) when the facts are real

The gold market, like stocks, often circulates some news or even rumors. Some news turns out to be true later, and some news turns out to be nothing more than rumors. What traders do is buy as soon as they hear good news and sell as soon as the news is confirmed. Vice versa, when bad news breaks, sell immediately and buy back as soon as the news is confirmed. If you don't trade quickly enough, you may incur losses due to market changes.


4. Don’t increase your bet when you are losing money.

After buying or selling gold, when the market suddenly advances in the opposite direction, some people will want to add more money, which is very dangerous. For example, when the price of gold continues to rise for a period of time, traders chase the high price and buy the currency. Suddenly the market reversed and plummeted downwards. Seeing that the traders were losing money, they wanted to add more orders at a low price. In an attempt to offset the gold price of the first order, and when the gold price rebounds, the two orders will be closed together to avoid losses. Be especially careful with this overweighting approach. If the gold price has been rising for a period of time, what you bought may be a "top". If the more it falls, the more you buy, and you continue to increase your investment, but the gold price never turns back, then the result will undoubtedly be a vicious loss.


5. Do not participate in unclear market activities

When you feel that the trend of the gold market is not clear enough and you lack confidence, it is better not to enter the market. Otherwise it is easy to make wrong judgments.


6. Don’t blindly pursue integer points

In gold investment, sometimes things go wrong in order to compete for a few points. After establishing a position, some people set a profit target for themselves, such as earning 200 US dollars, etc. They are always waiting for this moment to come. Sometimes the price has already It was close to the target, and the opportunity was very good, but it was still a few points short of reaching the target. It could have been a flat profit, but due to the original target, the best price was missed while waiting, and the opportunity was missed.


7. Establish a position when the volatile market breaks through

The market situation refers to the volatile market. A volatile market is a sign that buyers and sellers are evenly matched and temporarily in balance. Regardless of whether it is a shock in the process of rising or falling, once the shock ends, the market price will break through upward or downward, showing a breakthrough. This is a good time to enter the market and establish a position. If the market has been in a volatile market for a long time, the market price will break through. Opening a position has a greater chance of making a big profit.