In the currency market, no one's analysis is 100% correct. As an analyst, I can see more accurately than you currency friends. In addition to technical reasons, many of them are because we have a good mentality and see how big the storm is, so that we can peel off the cocoons layer by layer in the current trend and analyze the current situation with good ideas. This quote.
First: According to the position in hand:
1. If you are a currency fan with shallow arbitrage, you can use the rebounding market to get out of the arbitrage, or reduce your position on rallies.
2. If you are a currency fan with deep arbitrage, you can open a partial position on the rallies or cover a position to lower the average price, so that you can take the psychological initiative before the market hits.
Second: Buy according to the trend status of the currency
1. If what you buy is in a downward trend, once the downward trend is confirmed and the trend has been formed, it is recommended to stop the loss immediately and never have any illusions about gains and losses. Because sometimes any hesitation and hesitation may lead to deep traps in the future, and ultimately make it difficult to extricate yourself.
2. If the currency you are buying is in a balanced and oscillating trend, you do not need to stop the loss immediately. Wait patiently for the currency to enter a high level in the oscillation cycle. Once the arbitrage is unraveled or the loss is very small, you should decisively leave the market.
3. If the currency you bought is in an upward trend, there is no need to stop the loss. If you hold it patiently for a period of time, you will inevitably unwind and even have a greater possibility of profit.