Do spot crude oil should be how to operate it?
The fourth step: the combination of theory and PracticeUnderstanding of the above knowledge, you can simulate the transaction to practice, practice is the fundamental understanding and improve the level of crude oil trading. Note the need to pay attention to the simulation of the transaction: 1, light warehouse orders, avoid heavy. 2, develop the habit of setting stop.Also need to note that the simulated trading and the actual transaction is different, the most essential difference is the different mentality, not only for beginners, many experienced investors would do well to simulate the actual transaction, but bleeding money situation. So, from the simulated transactions to the actual transaction, we must adjust their mentality, to maintain a normal heart can be.
The third step: fundamental analysisMany traders ignore the fundamentals of the analysis, more fancy technical data analysis. Crude oil market is a global market, the data is large, the terminology is very professional, ordinary investors have no time to take into account all the information. But we still need to understand some of the most commonly used data concepts.
The second step: familiar with technical indicatorsAfter understanding the terminology, the next step is to understand the technical indicators of crude oil. For example, commonly used technical indexes: stochastic KDJ, multi control indexes of MACD, BOLL, and Bollinger average index MA and so on, these technical indicators of learning, need to understand the principle of technical indicators, to master the use of indicators, but need to be flexible to use, not mechanically, because technical indicators are lagging indicators, and the premise is that history will repeat itself. And technical indicators sometimes deviate from the real market.
Step 1: understand the terms of crude oil tradingWhat is the difference? Stop loss, what is the meaning of surplus? What are the types of transaction price, leverage ratio and so on the basic terms, understand the principle of crude oil margin trading, etc..
Just started crude oil investment novice, the most likely to make mistakes is too frequent operation. Crude oil trading is not gambling, but the need to clear the oil speculation ideas, so that their own peace of mind, long-term and stable development of profitability. The following is the 4 steps of crude oil investment novice notes
