To do a good job in London silver trading, it is necessary to understand the market conditions clearly, such as trends, long and short forces, which are definitely very important. But shouldn’t we do London silver trading only after we understand all the circumstances? What is important in London Silver trading? Let’s discuss it below.
Obviously, when trading London Silver, you need to understand all the circumstances before entering the market. This proposition is definitely false, because many people who do not understand all the circumstances have been trading and still making profits. In addition, not to mention ordinary investors, even those corporate investors and trading teams with many professionals and algorithmic models cannot say that they understand all the situations. But they will still trade in the market and still make a profit. Therefore, we only need to analyze the situation and information we have, so that we can establish our own advantages.
In fact, the most important thing when doing London silver trading is not to understand all the market conditions. Moreover, there are countless market conditions. Except for some important data or events, who knows which one is driving the fluctuation of silver price and is important. At most, it can be analyzed with hindsight after the market trend occurs. Generally speaking, these things are uncontrollable, and what we need to control are the controllable things, which is the loss we bear on each transaction. The loss of each transaction must be controlled within a certain percentage. As the author emphasized before, 1% to 5% is acceptable. Of course, a larger amount is also acceptable, but investors need to make their own choices. In addition, do not use a larger loss percentage, mainly because you are afraid that investors will leave the market with losses after a few transactions. This should be noted.
To sum up, in London silver trading, we do not need to know everything before entering the market. In addition, there are some controllable things that we must control, just like the risks mentioned in the previous paragraph. I hope the above content will be enlightening for investors.