My friend is a gold speculator and says luck is very important. Is it true?/You don't say.

Speculation in gold is not based on luck, but more on skill.

1 From the operational mechanism, gold investment depends on speculators' analysis, judgment, intelligence and understanding of the economic situation. A successful speculator is a person who can analyze and judge according to the known market situation, correctly predict the changing trend of the market, and enter and leave the market at the right time.

2 From the formation of risk mechanism, the risk avoided by the gold market has already existed in business activities. Even without gold investment activities, this risk still exists and will not disappear.

From the perspective of economic function, gold speculators bear the market price risk in the gold market, which is an indispensable part of the price discovery mechanism, which can not only improve market liquidity, but also contribute to the normal operation of social and economic life.

It can be said that the technology of gold speculation accounts for a large proportion, and of course the opportunity is also very important. You can ask your friends to learn more operation skills and exchange more interest in precious metals. Hope to adopt.