In spot silver investment, we have conservative trading techniques and aggressive trading techniques, which give investors the choice to advance or retreat. In fact, many investors believe that precious metal investments can only be held for a long time and wait for appreciation. Indeed, some investors do this. But in fact, physical silver investment still has a very radical side. Let’s talk about it together below.
Aggressive trading requires strict stop loss
In spot silver investment, taking aggressive transactions means facing more market risks in order to obtain more market profits. However, many investors only see the profits generated by aggressive trading and do not strictly stop losses. For example, for a short order of 24.8, the plan was to stop the loss when the gold price exceeded 25. As a result, the market gapped and jumped directly from 24.8 to 25.5, and the loss expanded. At this time, investors did not resolutely execute the stop loss, but instead hoped that the silver price would fall back a little so that the loss would be smaller before closing the position. As a result, the silver price continued to rise and the losses became larger and larger. Therefore, when making plans to conduct spot silver transactions, be sure to strictly implement stop losses.
Market research and judgment is crucial
When some investors see that the spot silver market rises or falls, they subjectively choose a direction to place an order before the trend signal clearly appears. As a result, the market quickly moves in the opposite direction after placing the order, and they can only exit at a loss. For investors who are new to the market, the risk of aggressive placing of orders is quite high. If you want to make a profit, you should first study and determine the trend of the spot silver market as much as possible, and then enter the market at an appropriate point. If you are not confident enough in yourself, you can first refer to the Hansheng Analysis column on the official website of Hansheng Group, where professional analysts of Hansheng Group provide reference strategies.
The above are some radical spot silver investment techniques. In investment, the so-called radical does not mean blindly going down. On the contrary, radical entry techniques require investors to conduct precise and prudent analysis. I hope the above content will be helpful to investors.