I. Investing with idle funds
If investors invest with the necessary expenses of family life, in case of loss, it will directly affect the family's livelihood and the probability of failure in the investment market will increase. Because when using a sum of money that should not be used for investment to make money, it is at a psychological disadvantage, so it is difficult to keep an objective and calm attitude when making decisions.
Second, know yourself and yourself.
People who need to know their own personality, are impulsive or have a serious emotional tendency are not suitable for this market. Most successful investors can control their emotions, have strict discipline and restrain themselves effectively.
Third, don't over-trade.
To be a successful investor, one of the principles is to keep more than three times the capital at any time to cope with price fluctuations. If you don't have enough funds, you should reduce the sales contracts you hold, otherwise, you may be forced to "lighten up" to release funds because of insufficient funds, even if it turns out to be accurate later.
Fourth, face up to the market and abandon illusions.
Don't be emotional, look forward to the future too much and cherish the past. An American futures trader said: A hopeful person is a beautiful and happy person, but he is not suitable for being an investor. A successful investor can separate his feelings from his transactions. The market is always right and always wrong.
Don't change your mind easily.
Set the price and entry plan of the day in advance, and don't change your decision easily because of the current price fluctuation. It is very dangerous to make temporary decisions according to the price changes and market news of the day.
Sixth, make appropriate suspension treatment.
Trading day after day will dull your judgment. A successful investor said: whenever I feel that my mental state and judgment efficiency are low to 90%, I start to lose money. When my state is lower than 90%, I start to lose money, so I will put everything down and go on vacation for a few weeks. A short rest can help you re-understand the market and yourself, learn the introduction and skills of foreign exchange margin trading, and help you see the direction of future investment.