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Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management

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In forex trading, traders often face two different types of losses: actual losses and losses during the trading cycle.

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For actual losses, traders often have no choice but to acknowledge and accept them. These losses have already occurred and cannot be reversed. The only thing a trader can do is learn from them. To improve their trading skills, traders need to evaluate losses and determine whether they are justified. If the losses are unjustified, they need to carefully analyze the mistakes to avoid similar mistakes in the future.
For losses during the trading cycle, traders need to decide whether to continue holding their positions based on their investment principles and trading signals. If a loss occurs in the wrong direction, stop loss decisively; if a loss occurs in the right direction, hold on. If a trader adopts a long-term strategy with a small position and has a sound judgment of the overall direction, holding on to their position is often a wise choice when facing a loss. This strategy not only helps mitigate the fear of floating losses but also resists the temptation of greed brought on by floating profits. It combines psychological tactics with strategic thinking. By maintaining a light position and a long-term strategy, traders can remain calm amidst market fluctuations and avoid making poor decisions due to emotional fluctuations.
In recent decades, major global countries have maintained a relatively narrow range for foreign exchange (foreign exchange) prices, driven by factors such as foreign trade competitiveness, currency stability, financial stability, and economic stability. This practice has solidified the characteristics of forex investment as a low-yield, low-risk, and highly volatile asset. In this market environment, only a light, long-term strategy can achieve stable profits, while a heavy, short-term strategy struggles to survive in the forex market. In a light, long-term strategy, holding onto positions despite floating losses is a common occurrence and is not cause for fear or panic. This is actually a rarely shared investment secret among successful forex traders.

In the forex market, "patient waiting" is a common code of conduct for traders. However, not all waiting creates value. In fact, traders' waiting can be clearly divided into "useful waiting" and "useless waiting." The core difference between the two lies in whether they are guided by "clear trading signals and goals." This difference directly determines whether waiting can be converted into actual trading opportunities and profit potential.

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For traders engaged in forex trading, "useful waiting" requires a clear and precise understanding of the core signals they are waiting for, as well as the optimal entry and exit times and positions. This kind of waiting isn't a passive waste of time; it's an active strategic choice based on one's own trading system. Traders must first identify the signal characteristics that align with their trading logic through preliminary market analysis and strategy validation. They should also consider the currency pair's volatility and the current market cycle to determine optimal entry points (such as after a key support or resistance level has been broken) and exit points (such as pre-set take-profit and stop-loss levels). Once these signals and timing criteria are clearly defined, subsequent patient waiting becomes truly valuable and meaningful. This waiting period aims to capture "high-certainty opportunities" that align with the strategy's logic, avoiding the risks associated with blindly entering the market. It's like a hunter lurking, waiting for prey to enter optimal range; every second of waiting brings them closer to their goal.
This logic of "useful waiting" can be intuitively demonstrated in everyday life through fishing. When fishing, the angler's core objective is to wait for the unequivocal signal of the float sinking sharply. Prior to this, the angler must complete preparatory work (baiting, baiting, and casting the baited hook into the water). The subsequent waiting process revolves entirely around "catching the signal of the float sinking." Fishermen clearly understand that only a sudden drop in the float signifies a fish has been hooked, and only then can they cast their line for a high probability of success. Without this clear signal, frequently pulling up the rod every 10 seconds to check for a fish not only disrupts their fishing rhythm and scares away the fish, but also turns waiting into a meaningless, repetitive act, ultimately failing to achieve their goal. This aligns closely with the concept of "useful waiting" in forex trading: a clear signal, like the sinking of the float in fishing, is the core anchor of waiting. Only by waiting around this anchor can traders accurately seize opportunities when they arise and avoid wasting energy and funds on meaningless maneuvers.
In contrast, the waiting of most traders in the forex market is "useless waiting." The root cause is a lack of clarity about the signals they are waiting for. Many traders fail to establish a systematic trading system before engaging in trading. They are unclear about the characteristics of entry and exit signals that align with their strategies, cannot define the optimal trading timing and position, and are even unclear about the type of market they are aiming to capture (e.g., trending or volatile markets). Talking about "patiently waiting" in this context is essentially aimless self-consolation, even arguably "false patience." This type of waiting often manifests itself in two extremes: either blindly entering the market amidst market fluctuations due to a lack of guiding signals, euphemistically calling it "actively seizing opportunities," but in reality, it's a misunderstanding of waiting; or passively holding positions without a clear objective, hesitating repeatedly as the market rises and falls, unsure when to exit with a stop-loss order or when to hold onto a profit, ultimately watching profits erode or losses widen in an endless wait. This kind of waiting, lacking clear signals to support it, not only fails to add value to trading but also exacerbates anxiety and decision-making, becoming a major contributor to trading losses. After all, if you don't even know what you're waiting for, even the longest wait is a futile effort and cannot translate into effective trading results.

In the realm of two-way forex trading, few traders can achieve stable profits.

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Although the market is brimming with opportunities, only a tiny fraction of traders are able to seize these opportunities and consistently profit. Meanwhile, the vast majority of traders are trapped in a state of steady losses. They may invest significant time and energy in the market, yet ultimately, losses are unavoidable.
This phenomenon cannot be simply explained by the 80/20 rule. The 80/20 rule typically implies that 20% of the people control 80% of the resources or profits, but in forex investing, the situation is far more extreme. In reality, the forex market more closely resembles the 90/10 rule, or even the 99/10 rule. This means that among the vast majority of traders, only a tiny minority can truly achieve profits, while the majority suffer continuous losses amidst market fluctuations.
This imbalance reveals the complexity and difficulty of the forex investment market. It requires not only deep professional knowledge and extensive experience, but also strong psychological fortitude and rigorous trading discipline. Furthermore, market uncertainty and the influence of various external factors further complicate profitability. This also reminds every forex trader that success is not easy. It requires tremendous effort and time—learning, practice, and accumulating experience—to gain a foothold in the fiercely competitive market.

In the two-way trading arena of the forex market, "quickly becoming a qualified trader" is the core goal of most new traders. The definition of a "qualified trader" isn't simply about mastering a specific technique; it's about possessing a comprehensive set of capabilities encompassing knowledge, practical skills, risk awareness, and mindset management. This includes a clear understanding of the underlying logic of exchange rate fluctuations, the ability to develop adaptive strategies in complex market conditions, and the ability to maintain rational decision-making despite both gains and losses. There are two main paths to achieving this goal. The key difference between these two paths lies in the allocation of "time cost" and "trial and error costs," but both ultimately point to the ultimate goal of "building comprehensive capabilities."

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The first path involves paying to learn from professional traders. Essentially, this involves "trading money for time and experience." By leveraging the knowledge and practical experience of established traders, one can shorten their own trial-and-error cycles. The key to this approach is to identify truly profitable professionals—avoid those who merely offer theoretical explanations and instead choose practitioners with a long track record of real-world trading and the ability to clearly explain trading logic (e.g., strategy development rationale, risk control methods, and market response strategies). The core value of paid learning lies not only in acquiring systematic knowledge (e.g., interpreting macroeconomic indicators, applying technical analysis tools, and the detailed rules of two-way trading), but also in directly leveraging proven trading frameworks. For example, professional traders will share how to adjust positions based on currency pair characteristics (e.g., volatility differences between straight and cross markets), how to switch strategies between trending and volatile markets, and even how to handle common psychological challenges like profit taking and consecutive losses. This learning approach can help novices quickly avoid market "cognitive traps" (such as excessive pursuit of short-term profits and neglect of the importance of stop-loss orders), reducing capital losses caused by blind trading. It effectively transforms the accumulated experience and trial-and-error experience of professional traders into accelerated growth, achieving "faster skill improvement with controllable capital costs."
The second path is "independent exploration and accumulation." Its core is to "build comprehensive skills through time and trial and error," gradually building a unique trading system through hands-on practice. This approach begins with "systematic independent learning"—beginning with fundamental forex market principles (such as exchange rate formation mechanisms and the calculation logic of leverage and margin), and gradually extending to practical content (such as the application of trend and oscillator indicators in technical analysis, and central bank policies and geopolitical influences in fundamental analysis). At the same time, they actively accumulate market knowledge (such as the differences in market activity during different time periods and the volatility characteristics associated with the release of major data). However, the core of independent exploration isn't "accumulating knowledge" but rather "combining knowledge with practical application." This requires extensive trial-and-error simulations (e.g., testing strategy effectiveness in different market conditions) and live trading reviews (e.g., analyzing the reasons for each trade's gains and losses) to gradually transform theoretical knowledge into practical skills. Furthermore, a crucial yet often overlooked aspect of independent exploration is psychological training—repeated trading practice is required to hone one's mindset. For example, avoiding overconfidence-induced heavy positions during periods of consistent profits, and overcoming anxiety-induced frequent strategy changes during periods of consistent losses. Through deliberate practice, rational decision-making becomes instinctive. The advantage of this approach is the ability to develop a trading system that is highly compatible with one's risk appetite and operating habits. However, the disadvantage is the significant time cost—it often takes years to fully grasp the core trading logic, and cognitive biases can lead to repeated financial losses along the way. This represents a trade-off of time and trial-and-error costs in exchange for a deeply personal and tailored system.
Whichever path you choose, it ultimately comes down to the fundamental principle of "accumulating comprehensive capabilities." If paid learning simply involves "copying strategies" without understanding the underlying logic, you'll ultimately be left vulnerable to market fluctuations. Independent exploration, lacking a systematic plan and relying solely on fragmented learning and blind trial and error, can lead to prolonged periods of stagnation. The core commonalities between these two paths are the need for continuous accumulation of knowledge through learning and practice (such as continuously updating your understanding of the global economic environment), refinement of practical skills (such as optimizing your strategy's win rate and profit-loss ratio), and strengthening of mindset management (such as establishing a stable emotional regulation mechanism). Only in this way can one truly make the leap from "novice" to "qualified trader" and possess the ability to sustainably survive and profit in forex trading.

In the context of two-way trading in the foreign exchange market, some traders argue that technical analysis is useless for investment and trading. This isn't a denial of the logical value of technical analysis itself, but rather a comparison of it within the context of specific market variables. The core premise of this view is that technical analysis's influence and decision-making priority are weak compared to insider information and central bank monetary intervention.

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This comparison isn't subjective, but rather driven by the logic of the foreign exchange market. Technical analysis, at its core, uses historical price data, trading volume changes, and chart patterns to deduce possible future exchange rate trends. Essentially, it summarizes and applies established market patterns. Insider information (such as undisclosed policy adjustments or major capital movements) and central bank monetary intervention (such as direct currency trading by the central bank, adjustments to benchmark interest rates, or reserve requirement ratios) are considered "external, sudden variables." These variables can directly alter market capital flows and the supply-demand balance, even upending established price trends. This makes it difficult for technical analysis based on historical data to predict these sudden shocks, rendering it ineffective for short-term decision-making.
Based on actual market conditions, when insider information and central bank monetary intervention occur, not only is the effectiveness of technical analysis significantly reduced, but the effectiveness of all conventional trading analysis tools, including fundamental analysis of currency and interest rates, is also significantly weakened. This is an objective law of the foreign exchange market. For example, some institutional investors, such as investment banks, hedge funds, and sovereign wealth funds, often leverage information exchanges with central banks, advance interpretations of policy directions, or exploit differences in central bank-mandated market rules (such as differences in trading limits and settlement cycles among different institutions) to gain information advantages or operational space unattainable by ordinary traders. This trading behavior, based on "information gaps" and "rule gaps," essentially exploits the direct impact of external variables on the market to generate profits. Conventional analytical tools are unable to capture these non-market factors and are therefore ineffective. If ordinary traders continue to rely solely on technical or fundamental analysis to make decisions during this period, they may ignore insider information or the impact of central bank intervention, leading to a significant deviation in their trading strategies from actual market trends and ultimately facing the risk of losses. This further reinforces the fact that "conventional analysis fails under special circumstances."
However, it should be made clear that the "uselessness" of technical analysis is limited to scenarios dominated by insider information and central bank monetary intervention. If these two special variables were eliminated, and all traders were placed in a level playing field with transparent information and equal rules, then technical analysis, fundamental analysis of currency and interest rates, and various chart-based trading analysis tools would become effective tools for traders to identify market opportunities and develop sound strategies. The value of analytical tools in this context can be likened to the saying, "In a land of the blind, the one-eyed man is king." When the market is free from external variables, price movements tend to follow their own inherent patterns (such as trend continuation, consolidation, and support and resistance level breakthroughs). Traders who are proficient in using technical analysis to interpret price signals and fundamental analysis to determine the intrinsic value of a currency can leverage their understanding of market dynamics to take the initiative in decision-making. For example, using technical analysis to identify patterns like head-and-shoulders and double bottoms to predict trend reversals, and using interest rate differential analysis to predict the long-term trend of a currency pair, these methods can help traders more accurately determine entry and exit points within a level playing field, improving the rationality of their trading decisions and the probability of profitability. Therefore, the key to discussing the usefulness of technical analysis lies in clarifying its applicable scenarios. Judging its value without considering whether there is insider information or central bank intervention can easily lead to cognitive bias. Only by rationally considering the actual market environment can the analytical tool fully function.

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13711580480@139.com

+86 137 1158 0480

+86 137 1158 0480

+86 137 1158 0480

z.x.n@139.com

Mr. Z-X-N

China · Guangzhou

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