What does the foreign exchange lock-up technique mean? Many foreign exchange speculators do not know much about the foreign exchange lock-up technique. The foreign exchange hedging technique is a relatively important technique in foreign exchange speculation. Today, the Huifantong website will fully reveal to you what the foreign exchange hedging technique means. Hedging: The hedging function of the trading platform is what most newcomers like to use when their positions are losing money. The lock-in function can indeed temporarily stop the expansion of losses, but when it comes to unlocking, the problem arises. Every unlocking is a real act of guessing the bottom and the top, which also determines the long-term result of the transaction. Failure! After locking up, most traders are influenced by one-way thinking and constantly hope for tops and bottoms to appear, which affects their overall judgment and no longer objectively understands the market. After each lock-up, you can take a look at the net value of your account. Lock-up at a loss position is tantamount to stop loss, and you will be induced to continue making mistakes in this wrong transaction. The correct way to use lock-up: 1. When the market transactions are light and the interval is judged to be oscillating, you can open equal amounts of buy and sell orders at any position within the interval, and close the profit when it is close to the critical point. Order, and at the same time set a stop loss on another order and wait for the price to return to the other end of the range. 2. When making a profit, you think that the price has reached the top or bottom, and you want to continue to track the transaction, and do the reverse operation. In order to facilitate observation and tracking, you deliberately lock in the profit part. Once the market reverses, you can respond promptly. Since the situation at that time was profitable, you can use part of the profit you have made to make new bets, making it easy to make objective judgments. This is the so-called virtuous trading mentality cycle. The correct use of hedging requires certain practical experience and analytical skills, which is not something that ordinary novices can master. For novices, do not use it casually unless you have a good teacher to guide you.

The only magic weapon for long-term survival in this market is to abide by trading disciplines. I know several good foreign exchange platforms, such as IKON, FXCM, ODL, etc.