Why can’t you make money in the currency circle? Come and take a seat, Leek!
1. Failure to buy when the price drops: When the currency price drops, if you fail to seize the opportunity, you will miss a good opportunity to buy at a low price.
2. Buying but not being able to hold on: Even if you buy at a low point, if you sell because the market fluctuates slightly, you will be thrown off the market as soon as the dealer washes the market.
3. Over-diversification: Spreading funds into too many currencies may result in the inability to concentrate on achieving significant gains.
4. Frequent operations: Frequent buying and selling, frequently changing positions to chase the rise and kill the fall. In this way, you will often miss the rise of the entire bull market.
5. Be greedy and operate with full positions in the bull market: In the bull market, if you blindly chase the rise and operate with large positions and full positions, once there is a big correction, you may be out of the game.
6. Slow response to the bull market: When the bull market comes, you don’t know it and you don’t dare to make large-scale operations; when the bull market goes away, you don’t know it yet, so you still take a heavy position or keep adding to it, which can easily cause losses.