Still a nascent industry in China, its unique margin trading system and 24-hour trading hours easily attract a large number of participants.
But what I want to tell you is, what are the risks?
Margin risk.
Trading is done on margin, which on many platforms can offer up to 500 times leverage.
While high leverage brings high returns, it must also come with high risks.
When the market gets it wrong, trading losses are magnified hundreds of times.
Therefore, foreign exchange trading for traders have a good sense of risk control, appropriate control of positions, do a good job of stop loss and stop profit is the most basic requirements.
Political risk.
Changes in a country’s political and economic policies and environment usually have a significant impact on that country.
Changes in political parties often lead to changes in economic and financial policies, which will lead to changes in traders’ expectations of the country’s economy and directly manifest themselves in the market.
Forex traders need to be more aware of major news events at home and abroad.
Risk.
Most foreign exchange transactions end up being settled.
Domestic traders also need to face changes that will lead to higher real incomes.
The dollar rose to a one-week high and gold fell below 1,770 ahead of the Fed rate decision.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
