What Are the Best Tips for Gold and Silver Trading?
Silver trading techniques refer to the methods by which investors use certain methods to evade costs and gain benefits by trading silver. Because the silver investment threshold is lower than gold, investing in silver has gradually entered the investor's perspective. In physical silver, most of them are commemorative rather than investment. For example, award silver bars are not very good investment products, and they are not as easy to realize as gold and have poor liquidity.
Silver trading tips
- The main trend is the main direction of the trend, which market investors are trying to figure out. Knowing the main trends will allow you to take advantage of them. The main trend is the general direction of price fluctuations. (The time period is daily or even weekly and monthly, which is determined by the second assumption of technical analysis).
- Minor trends are adjustments made in the course of major trends. As mentioned earlier, the trend will not go straight. There is always a partial adjustment and retracement. The secondary trend is exactly to accomplish this mission. The time period is a 4-hour chart.
- A transient trend is an adjustment made in a secondary trend. The relationship between a short-term trend and a minor trend is the same as the relationship between a minor trend and a major trend.
- Support and resistance point judgment
- K line judgment: If there is a large Yang line in the 1 hour 4 hour daily line, then the bottom, top, and middle of the large Yang line are more effective support, which can be used as a reference (the daily line is particularly important).
- The boll judgment: the hourly line, the 4-hour line, and the daily boll upper rail are effective resistances, while the lower boll rail serves as an effective support in the near period. The combination time period is different, and it can be seen that the resistance strength is basically supported (the best combination is the combination of boll and 4 hours).
- Moving average judgment: MA5, MA10, MA30, MA120 (especially the week k line, when the silver price (gold price) fell sharply for a few weeks, then fell back to MA30, which is very effective support, the daily line forcibly rises, the moving average is long, then the gold price (spot (Silver price) After a period of strong pull, the price deviates from MA5 for a long time, so there is generally a need to fall back to MA5 position. At this time, you can draw the approximate MA5 extension line yourself. Then the second point is the stronger support. , The same reason for the downward trend. Other coefficients of MA in other time periods, the price rise and fall are effective support and resistance.
- Trend judgment:
- If a wave of shocks persists for a long time, especially the gold price (silver price) is horizontally sorted in an interval and comes out of a box interval, then the top of the box is a more effective resistance and the bottom is a stronger support For example, if you break which side, then you must be fluctuating. The size of the fluctuation is at least the size of the upper and lower ranges of the cabinet. The longer the interval oscillation, the more effective the support and resistance, and the more effective the above-mentioned fluctuation law.
- In addition, it rises (falls) a wave, and then pulls up (falls), and then probes (rises) this position again and again and again, then this point basically forms the bottom (top), which is a more effective support and resistance point. . (This is widely used in silver, because silver is basically sorted in small intervals, and the amplitude after breakthrough is very large, and the profit is quite high).
- 1. The most intense time period for spot silver trading is generally from 3 to 5 pm and from 7 to 12 pm.
- 2. Spot silver is best not to hold positions overnight. If you have to hold positions, you must set the stop loss price and take profit price.
- 3. For the setting of stop loss and take profit prices for spot silver, please refer to the 5-day moving average and 20-day moving average.
- 4. When participating in spot silver trading, don't trust your instincts too much, but look at the international news more, don't look at what others say, but look at what is happening in the market.
- 5. Pay special attention to do spot silver, and do not easily operate full positions at any time.
- 6. Spot silver transactions should be judged well, follow the market to be accurate, be cautious when doing the wave, do not be too big for small mistakes.
- 7. Investors can refer to when making spot silver: when it is time to go up, it is firmly bearish, and when it is time to go down, it is bullish.
- 8. Spot silver is a T + 0 trading mechanism. To maximize the mobility of this mechanism, seize the opportunity, decisively enter and exit the market, and overcome greed (unwilling to sell) and fear (daring to buy).
- 9. Spot silver leverage can choose from one hundred to four hundred,
- Silver investment learning is the preparation stage that every investor must pass to enter the silver investment industry. Learning to invest in silver investment is not only to improve your own extra income, but also a training exercise for your investment and financial awareness. Newcomers can learn the following suggestions:
- 1. Show your hobbies. Trading psychology in silver investment trading is also a big problem. Do you know how to control your trading psychology? Investors should not lose their past hobbies and cultivate new hobbies, which is beneficial to future better participation in the market.
- 2. To know yourself objectively, you know yourself, and those who know themselves know it. Although the market opportunities are unlimited, the opportunities that belong to you are limited and you can seize fewer opportunities. Everyone has their advantages and disadvantages. They must understand themselves objectively and analyze themselves subjectively in order to understand their position. There is no "perfect transaction" before, and it will never happen again. I will never regret missing the low price and never worry about not maximizing profits. If you want to improve your investment knowledge, you can also enter Global Gold Exchange for basic learning.
- 3 The ultimate purpose of waiting for improving trading skills is action, and actions in the silver investment market are reflected in trading. In addition to learning operation skills, the most important way to improve trading skills is to analyze past actual operations.
Definition of silver trading skills
- Risk is an objective, unavoidable, and under certain conditions, it has certain regularity. Therefore, you can only try to minimize the risk, and it is not possible to completely avoid or eliminate it. The most effective way to reduce risks is to be aware of and acknowledge the existence of risks, and to actively face them and seek for them to effectively control risks and reduce risks to a minimum.
- Risk management: It is an economic unit to identify, measure and analyze risks, and effectively deal with and avoid risks based on this, and reduce losses caused by risks.
Silver trading skill characteristics
- (1) Extensive scope of investment risks
- In the gold investment market, investment research, market analysis, investment schemes, risk control, fund management, account security, risks caused by irresistible factors, etc., exist in almost all aspects of gold investment, so it is extensive.
- (2) Objectivity of investment risk
- The objectivity of investment risk will not disappear because of the subjective will of investors. Investment risk is formed by uncertain factors and effects, and these uncertain factors exist objectively. Individual investors do not control all investment links, affecting changes in gold price factors, so investment exists objectively.
- (3) Impact of investment risk
- To enter the investment market, we must have a sense of investment risks. Because in the investment market, returns and risks always coexist. But most people first consider risks from a negative perspective, and even think that losses will occur if there is risk. It is precisely because of the negative and negative uncertainties of risk that many people dare not face up to it and cannot objectively look at and face the investment market.
- (4) Relativity and variability of investment risks
- The risk of gold investment is relative to the investment type selected by investors. The results of investing in gold spot and futures are completely different. For example, Elan Financial analysts concluded that the former has low risks but low returns, while the latter has high risks but high returns. Therefore, the risks cannot be generalized and have a strong relativity. At the same time, the variability of investment risks is also very strong. Due to the factors that affect the price of gold, in the process of change, it will affect the profit or loss of investors' funds, and there may be repeated changes in profit and loss. Investment risk will increase and decrease according to the profit and loss of client funds, but this risk will not completely disappear.
- (5) Investment risk is predictable
- The fluctuation of gold price is affected by other factors, such as the trend of crude oil and the US dollar, changes in geopolitical factors, etc., will all affect the fluctuation of gold price. Analysis of these factors has certain predictability for the operation of gold investment Sex. Objective and rational analysis will provide certain guidance for investment operations.
Silver trading skills management awareness
- If there is no awareness of risk management in the investment market, capital will be in crisis and the opportunity for profit will be lost. It is mainly reflected in the following aspects.
- can reduce the risk rate of investment
- Using risk management can allocate funds reasonably and effectively, minimize losses, minimize risks, and create more profit opportunities. So as to achieve the purpose of reducing investment risks.
- Helps maintain a good investment mentality
- This is crucial. In the process of capital operation, it is inevitable that losses will be caused by mistakes. If the risks can be controlled reasonably, when a loss occurs, it will help maintain a good investment mentality, reduce the blind operation in emotional confusion, and reduce the possibility of continuous losses.
Silver trading skills management implementation
- Make a reasonable operation plan and plan according to the funding situation
- Before the operation, according to the amount of funds, a reasonable proportion of the operation of the customized funds, for the losses caused by erroneous operations, leaving room and opportunities for maneuvers.
- Customize appropriate operating style according to time conditions
- Each investor has different operating hours. If you have enough time to watch the disk and have certain technical analysis skills, you can get more income opportunities through short-term operations; if you only have little time to pay attention to the disk, it is not suitable for short-term operations. You need to carefully look for a relatively reliable and long-term intervention point for long-term holdings, and then cash out when the cumulative profit is large.
- Establish a good investment mentality
- Doing everything requires a good mindset, and investing is no exception. When the state of mind is peaceful, the thinking is often relatively clear. In the face of fluctuations in the market, it can be objectively viewed and analyzed before it can be rationally operated.
- Establish operational discipline and strictly enforce
- The market is changing at any time. Fluctuations of the market will make investors fluke and greedy. If there is no discipline in operation, the book profit and loss can only fluctuate with the market changes. Win settlements do not lead to actual results. At the beginning, the profit may also be converted into a loss, which will lead to disordered operation mentality, affect the objective and ideal analytical thinking, and eventually fall back step by step. Therefore, it is very important to establish operational discipline and strictly enforce it.