step 1 step 2 profit displacement Competition refers to the economic subject in order to maintain and expand their own interests and take all sorts of behavior, the behavior of self-protection and expansion efforts in product quality, price and service advantages, varieties, etc. The diversity of creators and the regulation of innovative and friendly regulation is essential to the establishment of a mechanism for equality and human rights characteristics. Interest rates have a very important impact on the exchange rate, which is the most important factor affecting the exchange rate. We know that the exchange rate is the relative price between the two countries' currencies. Like other commodity pricing mechanisms, it is determined by the supply and demand relationship in the foreign exchange market. Foreign exchange is a kind of financial asset, which people hold because it can bring the benefits of capital. Do not close yourself, do not imprison your thoughts, dare to deny yourself, and deny your past mistakes. To deny an error means to get it right. Through further study, what you get is no longer a matter of knowledge, but the improvement of cognitive ability, the improvement of analytical ability and the improvement of self-confidence, thus improving the operation ability. More than a decade ago, I learned that speculators are the buyers of market risk, buying the risks inherent in social and economic activities, and achieving profit by operating and managing risks. We are always unable to grasp the market correctly, not because we are stupid, but because we are the buyers and bearers of risk, and we are the footer of social economic risk. And society and business sell us the business risk. We take risks and more accurately, we generate losses to meet the risks of social and economic activities and maintain the normal operation of the social economy, which is the essence of the futures market. Essentially, individual speculators is equivalent to the asset management company, by buying risky assets to achieve the purpose of profit, which is you want to have change decayed for magical ability, to achieve such a request, your learning path will be endless.