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The third risk control for spot crude oil is to set a tolerable loss range
In the process of investing in spot crude oil rebates, you must set a tolerable loss range for yourself, and first place the order after placing the order. Set stop loss at the right time and control the crude oil risk. This operation can effectively avoid the crude oil risk that will lead to huge losses in the event of market emergencies. Remember to control the risk to a minimum. Investors can make decisions based on recent market trends. More precise stop loss and take profit points.
The fourth risk of spot crude oil control is to be cautious in repeated operations to avoid excessive trading
When the trend of the spot crude oil market reverses, repeated operations will not increase investors' profits much. On the contrary, frequent operations will increase transaction costs, so In order to go long and make mistakes, the more transactions you make, the greater the chance of making mistakes. If you operate improperly, you will suffer a large loss. We only need to pay attention to the market conditions and grasp one or two waves of the market. When the market becomes clear, Just cover the position at the support level.