Practical tips for gold investment

1, learn to establish a position, chopping and profit taking

[Establishment of positions] is the meaning of the opening, the opening is also called open, is the behavior of buying gold. Choose the appropriate level of gold prices and the timing of the establishment of positions is a prerequisite for profit. If the market timing is better, the chance of profit is large; on the contrary, if the market timing is not appropriate, it is easy to lose.

[Chopping] is in the establishment of the position, the sudden fall in the price of gold, in order to prevent the loss of too high and take the stop-loss measures to close the market. For example, the price of 157 to sell gold, and then the gold price fell to 150, see the nominal loss has reached 7 dollars. In order to prevent the price of gold to continue to decline caused by greater losses, it will be in the price level of 150 to sell gold, with a loss of 7 dollars to end the exposure. Sometimes traders do not recognize the loss, and insist on waiting, hoping that the price of gold back, so that when the price of gold will suffer huge losses when the downward spiral.

[Profit] timing is more difficult to grasp, after the establishment of the position, when the price of gold has developed in the direction of their own favor. For example, in 145 yuan to buy gold; when the price of gold rose to 150 yuan, there has been a profit of 5 yuan, so the gold will be sold, make a profit. Master the timing of the profit is very important, flat too early, not much profit; flat too late, may be delayed, the gold price trend reversal, not profit and loss.

2, buy up not buy down

Gold trading with the same stock trading, rather buy up, not buy down, because the price rise in the process of only one point is to buy the wrong, that is, the price rose to the apex of the price of gold like from the floor to the ceiling, can not rise again? It is right to buy at any point other than this one. Buy when the price of gold fell, only one point is to buy the right, that is, the price of gold has fallen to the lowest point, like falling to the floor, can not be lower, other than that, any other point to buy is wrong.

Because in the price rise when buying, only one point is to buy wrong, but in the price drop when buying but only one point is to buy right, therefore, in the price rise when buying profit opportunities than in the price drop much larger.

3、"Pyramid "加码

"Pyramid" means: after the first buy gold, gold prices rise, see the investment is correct, if you want to increase the code to increase the investment, should follow the "each time to increase the number of less than the last" principle. This time by time to buy the number will be less and less, such as the "pyramid". Because the higher the price, the higher the likelihood of approaching the peak of the rise, the greater the danger.