How do ordinary people make money by speculating in foreign exchange?

Ordinary people want to speculate in foreign exchange to make money, just like doing other things, they must understand it themselves. It is an absolute fact that 100 people are losing money, like those who listen to other people's orders or analysts give them operating points. People who have the ability and time, others don't make their own money, who will have nothing to find such a hard job to do. Anyone who calls to place an order can be said to be a liar. Pending orders are illegal in China, regardless of foreign exchange or stocks, because in the eyes of the national legal department, they are all tricks of swindlers, and they are directly punished according to the law.

Stay away from shouting orders and be self-reliant, which will be the first step and the only way for you to make money by speculating in foreign exchange.

How to study? The answer is to read more and think more. Recommend several practical books: handwritten memoirs of stocks, technical analysis of futures market, Japanese candle chart technology, Dow theory and wave theory. Repeated reading and careful summary can always sum up one's own set of strategies.

Here I provide a set of trading methods based on Dow theory-the least resistance trading method for your reference.

The core of this trading strategy is one sentence: the price always moves in the direction of least resistance.

To clarify the meaning of this sentence, here is an example. There are many rivers on the earth. Streams merge into rivers, rivers merge into rivers, and rivers merge into the sea, which is equivalent to the K-line of various cycles in trading. The dams of streams, rivers and rivers will be equivalent to various trend lines and horizontal support resistance. Streams flow to small rivers, and small rivers flow to rivers and oceans. Small trends always follow the general trend, because when small trends meet the general trend, the dam of the general trend will be stronger and the resistance will be greater. Dams with stronger resistance are not easy to be washed away or burst in most cases, and can withstand more market shocks.

The specific application is as follows:

Any excellent strategy, in the hands of careless people, will be a suicide poison, but in the hands of those who have a heart, it is a sharp weapon for profit. Therefore, if you want to use this method well, you must understand it with your heart. If you don't understand anything, you can contact me at Baidu "Speculation College" and I will provide answers for free.