As an old saying goes, "The beginning is the hardest." In fact, trading is the same, most novices just started to step into the investment market do not understand what, do not know what to do to do a good deal, basically in a state of loss. Today, Tianye Jun will share with you the trading experience of a hardcore player who has been trading for ten years, and there are a total of the following five:

1. Learn to set stop losses

Control risk and stop loss can be said to be the beginning of all investment, only in the market to survive, investors have the opportunity to continue to fight, do not go to carry the single, so we must assess their own can bear the maximum loss range is how much before trading.

In general, 5% to 10% is normal. However, the actual situation is still recommended that we combine their own situation, refer to the previous range, and then set a reasonable stop loss point.

2. Learn to lower your position

Generally speaking, the minimum number of lots that can be traded on the foreign exchange trading platform is 0.01 lots. If you are a novice to start trading, it is recommended that you start with the smallest number of hands, accumulate trading experience in the early stage, and then consider doing a larger number of hands when your trading technology is improved in the later stage.

3. Reduce the frequency of transactions

The most direct way to reduce the frequency of transactions is to make a trading plan for yourself, such as allowing yourself to do only 3 orders a day, and resolutely not to do the second order when the first order has not yet appeared. In this way, you can prevent yourself from the bad habit of making orders whenever you see an opportunity.

4. Pay attention to trend trading

Trend trading, as the name implies, is to trade with the current trend of the market. For example, if the current market is rising, then buy long; If the trend is down, sell and go short. When the market is unclear, try to reduce the operation, novices often want to do what the market, but the results are not good.

5, strictly abide by the trading discipline

What is the most important and the most difficult part of trading? There is no doubt that it is: discipline! Discipline is the most important! Discipline is the hardest! Discipline is above all else! Strictly speaking, discipline is the guarantee of profitable trading! All our actions in trading are governed by discipline, not by our own judgment of the market.

So, if you can follow the above 5 points and execute in the trading process. I believe you may not be able to make too much money, but you must be able to lose less money. The above is the experience from a 10-year veteran of trading, for everyone to learn from.