Eight things to pay attention to in spot silver

In the process of spot silver trading, investors need to pay attention to many things, and it is not a simple click of a mouse and keyboard to make money.For beginners, in addition to paying attention to the rhythm of the market operation and the news factors that affect the price of silver, it is also necessary to pay attention to the influence of their own behavior on the success or failure of investment.

1. Spot silver market volatilityThe most intense periods are generally from 3:00 pm to 5:00 pm and from 7:00 pm to 12:00 pm, so investors should strive to participate in active market bands according to their own work and rest time, and increase their probability of profit.
2. When participating in spot silver trading, don't trust your own intuition too much. Trading should be based on technical signals. At the same time, you should read more international news, pay attention to what is happening in the market, and what factors are affecting the price of silver.
3. It is best not to hold a position overnight for spot silver. If you have to hold a position, you must set a stop loss price and a take profit price.
4. The setting of the stop loss price and take profit price of spot silver can refer to the 5-day moving average and the 20-day moving average.
5. Like other leveraged products, spot silver investors should not easily fill their positions at any time.
6. When doing spot silver trading, it is necessary to judge the general trend, follow the market wave, and follow the trend.
7. Pay attention to the cycle and turning point of market operation.The price trend of spot silver is cyclical, and if you grasp it well, it is very helpful for short-term and long-term transactions.
Eight, maximize the flexibility of spot silver T+0 two-way trading mechanism, enter, take profit, stop loss must be decisive, always remember to overcome fear (dare to enter) and greed (unwilling to enter the market)Take Profit) sentiment.
The above eight points are the things that novice spot silver investors should pay attention to. You can refer to it and pay attention to the development of good trading habits. Only in the future can the operation be easier and the road to profit can go more smoothly.