Super practical gold investment novice advice: how to reduce the risk of loss?

In the spot gold investment career of investors, risk control is a crucial part, because only by doing a good job in risk control can we win profits more safely and stably. However, for novice spot gold investors, there is still no very specific concept on how to effectively improve the risk control ability. Today we will talk about how to improve the risk control ability of gold investment novice suggestions.

Invest with a limit price platform

The first spot gold investment novice suggestion that can help improve risk control is to try to use price-limited platforms to invest. Because the price limit platform can effectively avoid the occurrence of slippage, what is slippage? That is, when investors use the market price platform to invest in spot gold, since the platform conducts transactions at the market price, if the price fluctuates greatly, the platform is prone to overshoot the investor's stop-loss price for transactions, expanding the loss margin to form slippage, which is One of the most common risks that investors encounter every day.

However, when using a price-limiting platform , there is no need to worry about encountering slippage, because the price- limiting platform will strictly follow the price set by investors at any time, which eliminates the phenomenon of slippage and can greatly improve the ability of investors to control risks.

Reduce costs to control risk

Due to the very flexible trading model of spot gold investment, investors often conduct short-term transactions frequently, but because each spot gold investment needs to pay a spread fee, which is the most basic transaction cost of spot gold investment, frequent entry and exit may lead to transactions The rapid accumulation of costs, which constitutes the risk of cost accumulation, will significantly reduce the investment profits of investors.

Knowing how to reduce transaction costs is one of the main ways for investors to control risks. We can achieve this by using a spot gold account such as a micro-spread account , which can reduce the cost of the spread. By greatly saving transaction costs, we can do as much as possible. Avoid the risk of cost accumulation.

For beginners in spot gold investment on how to improve risk control capabilities, investors can use price limit platforms to avoid slippage and improve risk control capabilities. It can also be used in conjunction with the micro-spread account to greatly reduce the spread fee, avoid the risk of cost accumulation, and also have the positive effect of improving profitability.