At present, the knowledge of London gold investment is getting richer and richer, and more ordinary investors can learn a lot of professional London gold investment knowledge. Among them, the issue of stop loss in London gold investment is often mentioned when trading. Some investors think that in the London market, we can just keep moving forward when investing. Why should we consider stopping losses? Now let’s talk about the stop loss issue in London gold investment.
In the actual London Gold investment process, many investment friends are afraid that the stop loss will be executed. The execution of the stop loss means that investors will face losses, which loses the original intention of investing in London Gold - to make money. In fact, the real meaning of stop loss lies in the word making money. The truth we must understand is that our investments cannot be 100% accurate. Even if we have a 90% accuracy rate, errors will still occur in the remaining 10%. Stop loss allows us to control our losses in these 10% mistakes and limit them within the range we can accept.
If investors do not control these 10% losses, even if we have a 90% winning rate, we may suffer huge losses through the remaining 10% of mistakes, which will ultimately hinder our success in the London gold market. make money.
The setting of stop loss in London gold trading is not arbitrary, but is based on relatively rigorous and scientific calculations. Scientifically set stop losses and strictly implement them according to the trading plan. Even if there is a sudden change in the market and the transaction order is wiped out, it will only be a small-scale capital loss and will not affect the individual's trading mentality. If there is no stop loss, when there is a major market trend in the London gold market, investors may face huge losses. If there is no stop loss and it is difficult to recover from the mistake, the individual's impetuous mentality of wanting to recover the capital will increase the number of trading errors. Risk, the possibility of facing losses again when placing orders is greatly increased.
To sum up, setting stop loss in the London gold market is very useful and can help investors quickly adjust their mentality to accurately respond to the current market. The above are the questions about why stop loss should be set in the London gold market. I hope it will be helpful to investors.