Forex multi account manager | Use your trading account operating, investing, trading | Assist in self management of family office investment
Forex multi account manager experiences sharing | In foreign exchange trading, ignoring candlestick charts is like walking blindly. Mastering its analysis techniques can help one understand price dynamics and trends.
In the field of foreign exchange investment and trading, the importance of candlestick chart analysis is beyond doubt. If one turns a blind eye to candlestick charts, it is just like driving without navigation guidance or studying without the assistance of textbooks. Undoubtedly, one is giving up a core tool. In the foreign exchange market, candlestick charts are a tool relied on by many traders, and their value and effectiveness are indisputable.
The core function of candlestick charts lies in revealing price dynamic changes and market trend directions. In active currency pair trading, candlestick chart analysis is particularly effective. For those who are not familiar with candlestick charts, the problem often does not stem from the candlestick charts themselves, but lies in their understanding and application methods of this tool. Therefore, mastering the reading and analysis skills of candlestick charts is the key to successful trading for foreign exchange investors.
Forex multi account manager experiences sharing | In foreign exchange investment trading, there is a mutually reinforcing and corresponding relationship between band trends and the fluctuation laws of moving averages.
The advancement of band trends shows certain regularity in foreign exchange investment trading, and the two promote and influence each other. Regarding the fluctuation of moving averages as the fluctuation of band trends can present market dynamics more intuitively. In foreign exchange investment trading, the trend at each level is actually the band at the next higher level within a larger time frame, and the current level band is formed by the accumulation of kinetic energy and the convergence of forces of the trend at the previous level. Without the accumulation of kinetic energy at the previous level, the trend at the current level is difficult to generate.
This way of understanding helps investors grasp the trend context from a more macroscopic perspective when analyzing the market, and at the same time fully recognize the interrelationships between different time frames. By observing and analyzing the changes of moving averages at different levels, investors can better predict and grasp the changes in market trends and thus make wiser decisions in foreign exchange trading.
Forex multi account manager experiences sharing | Every time we start afresh is actually a new journey based on the accumulation of experience.
In the field of foreign exchange investment, boldly restarting the trading journey is undoubtedly a crucial decision. Every time we step on the trading path again, it by no means simply means returning to the origin. Instead, it is firmly based on the precious experience accumulated previously. These experiences are like solid cornerstones, providing strong support for the new trading journey.
This continuous cyclic process is of great significance to investors. On the one hand, it can continuously strengthen investors' trading skills. Through each restart, investors have the opportunity to deeply reflect on and optimize past trading strategies, thereby continuously improving their ability levels in many aspects such as market analysis and risk control. On the other hand, it can also make investors appear more calm and composed when dealing with market fluctuations. After many trading cycles, investors will have a deeper understanding of market uncertainties, and then be able to face the fluctuations in prices with a more peaceful mindset and make more rational decision judgments.
Each "restart" is a precious opportunity for growth. In the vast ocean of the foreign exchange market, investors are like brave navigators. Facing the complex and changeable market environment, with the continuously accumulated experience and the fearless courage to start afresh, they cut through thorns and continue to move forward. In this process, investors can not only achieve steady growth of their own wealth, but also achieve personal growth and progress amid continuous challenges and opportunities.
Forex multi account manager experiences sharing | In foreign exchange trading, the phenomenon of platform betting against clients is harmful to others and beneficial to oneself, undermines market fairness, and damages the reputation of foreign exchange investment.
In the field of foreign exchange trading, the "platform betting against clients" phenomenon refers to the situation where some unregulated foreign exchange trading platforms, after receiving investors' trading instructions, do not truly place these instructions in the foreign exchange market for trading. Instead, they use their own funds to conduct reverse transactions with investors, thereby forming a betting relationship. In this model, if investors make profits, the platform suffers losses, and if investors incur losses, the platform makes profits. This operating method is like the platform being both an athlete and a referee, seriously violating the fairness and transparency of the market.
Order hedging refers to a trading platform internally matching customers' trading orders instead of directly transmitting these orders to banks or the international foreign exchange market. In this way, the platform actually becomes the counterparty of customers, and its profits or losses are directly related to the trading results of customers. This hedging behavior to a certain extent increases the possibility of the platform manipulating the market because it may adjust its own trading strategies according to customers' trading behaviors.
In addition, some irregular foreign exchange trading platforms may influence trading results by manipulating trading software or tampering with back-end data and other means to increase their own profit opportunities. For example, these platforms may adjust margin requirements when the market fluctuates greatly, causing customers to be forced to close their positions; or deliberately delay order execution when customers execute transactions, turning originally profitable trades into losses.
In conclusion, although foreign exchange banks are relatively high in terms of security, they are often accompanied by relatively high spreads and other transaction costs. When investors choose a trading platform, they should carefully consider these factors and select a regular platform with good reputation and high transparency for trading to ensure the safety of their investments.
Forex multi account manager experiences sharing | In the field of foreign exchange trading, even if there is platform counterparty trading, the entire industry should not be one-sidedly defined as deceptive behavior.
Whether employed by others or running one's own business, pursuing higher income is usually a common behavioral manifestation. In certain circumstances, using the ignorance of others to obtain benefits may be regarded as unethical behavior. However, this view often ignores the supply and demand relationship in the market economy and the importance of personal choice. For practitioners in the foreign exchange investment and trading industry, their work aims to make a living, which is essentially no different from other occupations. In the foreign exchange investment and trading market, everyone should take responsibility for their own decisions. Timely cutting losses is a wise choice. Regarding foreign exchange investment and trading simply as "deception" is not objective, because every participant in foreign exchange investment and trading is striving for their own interests. In any highly competitive field, success is often accompanied by a certain degree of sacrifice. For military generals, they focus on strategy and victory rather than every specific individual life on the battlefield. In foreign exchange investment and trading, the gains obtained by traders come from their assessment and assumption of market risks. In the natural food chain, organisms at the top usually do not feel guilty for their predatory behavior.
Forex multi account manager experiences sharing | Analysis of Proposed Website: Click365's daily position data changes are used to gain insights into market dynamics, but it is opposed by family members.
On the Japanese investment and trading website Click365, users can obtain daily updated position data of traders across Japan. This data presents the position balance between the futures market and the spot foreign exchange market. It should be noted that the positions in the futures market are in a balanced state, that is, the position amounts of buyers and sellers are equal; while in the spot foreign exchange market, there may be an imbalance in positions, that is, the position amounts of buyers and sellers may not be equal. This difference provides rich information for the analysis of the foreign exchange investment and trading market. I once intended to develop a new website targeting the daily data changes on the Click365 investment and trading website, aiming to deeply analyze these position changes and then reveal market dynamics and trading behavior patterns. However, this idea was opposed by family members who think that time and energy should not be invested in a project that seems to have no direct economic return in the short term.
Forex multi account manager experiences sharing | At present, the foreign exchange investment and trading market shows a certain degree of chaotic situation and lacks benchmark investing platform.
Moderately opening up the market and supporting leading enterprises is of positive significance for promoting the healthy development of the foreign exchange market.
With the continuous opening of the international market and the increasing maturity of technology, competition among enterprises is becoming increasingly fierce, and profit margins are gradually being compressed. In this environment, enterprises find it increasingly difficult to increase revenue by charging for services of monopoly enterprises.
In the field of foreign exchange trading, non-US-registered spot foreign exchange platforms are not regulated by the US Securities and Exchange Commission (SEC). To protect the interests of domestic investors, the United States has imposed certain restrictions on individual spot foreign exchange trading. This makes it impossible for many non-US platforms to provide account opening services for US citizens.
Part of the chaos in the foreign exchange market is due to the lack of an industry benchmark enterprise that can lead market order. If the country can moderately open up the market and support a benchmark enterprise, as Japan does, such an enterprise, with its high market share and good reputation, can prompt other small platforms to gradually withdraw from the market and then promote the entire industry to develop in a healthy direction.
Forex multi account manager experiences sharing | Foreign exchange investors face significant occupational anxiety when taking air travel.
In today's context of globalization, the foreign exchange market changes extremely rapidly, and the isolation state during flight is likely to cause traders to be unable to maintain effective contact with the trading platform in a timely manner. This isolation means that investors cannot implement necessary risk management measures such as setting stop-loss points. During the flight, if the market fluctuates drastically due to factors such as the release of key economic data or international political turmoil, investors are very likely to feel that their financial security is seriously threatened. This uneasiness stems on the one hand from concerns about potential economic losses and on the other hand from the fear of losing control over transactions. After all, the foreign exchange market is extremely volatile, and being unable to respond quickly in the air undoubtedly brings heavy psychological pressure to investors.
In any form of travel, there is a risk of encountering catastrophic events. For foreign exchange investors who are accustomed to controlling risks, the risks during travel often exceed their control. They are usually regarded as professionals in risk management, but they cannot exercise this control during travel. This is also the main reason why many large foreign exchange investors try to avoid traveling.
Forex multi account manager experiences sharing | True wealthy people are not alarmed by changes in wealth. Those who have experienced great wealth are indifferent to gains and losses. Those who do not envy the wealth of others may already quietly possess wealth.
A true wealthy person will not be panicked by changes in wealth. Those who have experienced great wealth can face gains and losses more indifferently. If an investor is not envious at all of other traders making huge profits, this may mean that he himself already has considerable wealth, even if he has not publicly disclosed his trading records. A person who has fought from the bottom of society to the position of a billionaire once frankly spoke out his true inner feelings: If a person is surprised when he learns that he has become a billionaire, it usually indicates that he is not truly wealthy. Even if this person is not currently rich, if he has had huge wealth before, then he will not show excessive excitement or surprise towards wealth.
Forex multi account manager experiences sharing | In the field of financial investment, the adequacy of funds is of crucial importance. It provides a relatively large margin of error for investment activities and enables strategies to be implemented steadily. Capital strength and risk tolerance largely determine the odds of success in investment.
The adequacy of margin is an important cornerstone of investors' psychological sense of security in financial investment. Even when funds are abundant, investors may still face many challenges. Investment is not just a simple input-output relationship. Even with a lot of energy and time invested, the risk of failure is difficult to completely eliminate. Failures often result from excessive interference in trading strategies caused by overconfidence or choosing to give up when losses exceed one's own tolerance. In the market, investors who overestimate their own abilities are relatively common, while investors with insufficient funds face the risk of being eliminated. Adequate funds are the core element for achieving investment growth. If profits are not expected to be obtained for a relatively long period of time, then an accurate assessment of one's own risk tolerance becomes particularly critical. At this time, choosing a stable career or accumulating funds may be a wiser decision.
Capital strength is an important prerequisite for investment success. The ability to bear losses determines the degree of final odds of success. Although the adequacy of funds and financing capacity are not the only determining factors, they are of key significance and their importance surpasses factors such as trading systems, odds, technology, and mentality. Adequate funds can provide a high margin of error, resist short-sighted behavior, ensure the smooth implementation of trading strategies, and thus lead investment to profitability. Compared with the real industry, the trading industry has advantages such as high leverage, low cost, great freedom, and relatively calm mentality, but at the same time it also faces major challenges and requires investors to have a long-term fighting mentality. Successful traders often go through years of honing and pay huge costs. Given that investment returns are not proportional in nature, investors need to make cautious decisions when entering this field to avoid causing major financial and psychological traumas.
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+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
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