Forex multi account manager | Use your trading account operating, investing, trading | Assist in self management of family office investment
Forex multi account manager | Experts stop at indicator trading except for the combination of candlestick and moving average
In the trading field, many investors are keen to pursue complex indicators and methods. However, truly effective analysis tools are usually more concise. The candlestick chart, also known as the candlestick chart familiar to everyone, and the moving average jointly build a solid foundation for technical analysis. Relying solely on the candlestick chart or moving average for trading may both lead to misdirection and risks because they each have certain limitations.
In market trends, counter-trend breakouts often have a high degree of falsehood, while trend-following breakouts are relatively more real. To be exact, the falsehood of counter-trend breakouts is extremely high, while the falsehood of trend-following breakouts is relatively low. In judging the effectiveness of a breakout, the candlestick chart becomes an important visual aid.
In the actual trading process, pullbacks are relatively common, while true strong trend breakouts are relatively rare. The breakout of market trends is inevitable, but pullbacks do not always occur, which is a challenge faced by trading technical analysis. In breakout trading, pattern analysis is a crucial reference factor. In a strong market, the candlestick combination of the 1-hour N pattern is particularly effective, especially when the two vertical lines of the N pattern are longer. Other patterns seem more redundant, especially in a consolidating trend, and no pattern should be overly concerned about. Even for the N pattern, if the two vertical lines are shorter or appear parallel or at the same height, its reference value will be greatly reduced.
In the oblique area of the N pattern, the fewer candlesticks there are, the stronger the trend; on the contrary, the more candlesticks there are, the weaker the trend. In short, without a strong trend, any pattern will lose its analytical value.
Forex multi account manager | Wisdom of entry by pullback, entry by breakout, and entry for long-term investment: all can be entry points.
Entry by pullback after breakout. If there is no pullback, then don't enter? This situation is a good question raised for those who are only good at entering by pullback. There must be a breakout in a trend, but there may not necessarily be a pullback. This is definitely a strong trend and belongs to the 20% strong entry opportunities in the market. For a trend without pullback, one can enter directly, and the probability of winning is greater. Only bookworms will wait for a retracement and thus miss opportunities. As long as one conducts long-term investment and has a long-term base position as confidence or a top position as a pillar. When there is a retracement, enter and layout more positions. When there is a breakout, enter and layout fewer positions. As long as one does not expect immediate profit and is not in a hurry to close positions but intends to hold a long position for several years, then retracement opening and breakout opening are not the focus of attention. One will not be entangled in whether to enter by pullback or by breakout, and will not care about true or false breakouts. In short, for long-term investment, adding positions a bit heavier on retracement and a bit lighter on breakout. Reasonable layout is the key.
Forex MAM account manager | Short-term trading in the forex market is quite challenging, while long-term investment is relatively easier.
Short-term trading is often contrary to human instincts. When the purchase price is too high, people may get stuck in a trapped situation; and when the selling price is too low, they may regret it. Such situations largely depend on luck. Given that short-term trading caters to people's instincts of pursuing immediate benefits, emotions such as fear and greed will always haunt traders. However, short-term trading provides quick feedback, and once an order is placed, the result can be known soon. In contrast, long-term investment has a long cycle and requires traders to have extremely high patience. It may take a long time after placing an order to see clear results. But the advantage of long-term investment is that it is more regular and the profit has a broader growth space. If trading is initiated at the starting point of the trend and held for a period of time, significant returns can be obtained. To achieve profits, most people eventually have to turn to long-term investment strategies, accumulate experience in long-term investment, and finally achieve the goal of overall profitability.
Forex MAM account manager | The investment advice given by forex investment banks contains false elements of reverse operation to harvest retail investors.
The forex investment orders commonly seen in forex investment banks are actually trading suggestions given by the research department of forex investment banks to their institutional clients, mainly for the brand promotion and image building of forex investment banks. This is not the position status of the proprietary trading department of forex investment banks. Therefore, the trading opinions they give should be adopted with caution. Investment traders should have their own independent judgment and not be confused or even bound by the investment strategies of forex investment banks. Because investment is uncertain, excessive reliance may sometimes fall into a trap. Some investment strategies given by forex investment banks are exactly the reverse operation direction of their proprietary investment departments. They use false strategies specifically to harvest retail investors. The forex suggestions of those forex investment banks are no different from traps and pits, and are specifically used to harm retail investors.
Forex MAM account manager | The position for retail investors to build positions needs to be more precise, while for large investors when conducting long-term position building, the choice of position is relatively casual.
In reality, there exists such a phenomenon: the more desperately one desires to obtain something, the more difficult it often is to fulfill the wish; on the contrary, acting freely might enable one to obtain it effortlessly. This indicates that mentality is extremely important; being overly eager is prone to causing problems. Large investors who have achieved financial freedom view investment as a form of entertainment, leisure and hobby. Therefore, they can remain composed and relaxed physically and mentally during investment transactions, and the investment results are usually very satisfactory. Retail investors are at a disadvantage in terms of funds and do not have the conditions for long-term investment, and there is a sense of urgency in providing for their families. Even if a profitable short-term investment is held continuously and thus turns into a long-term investment, which can yield relatively substantial returns, yet the responsibility of providing for the family usually does not give them the opportunity for long-term investment. They can only stop in time when it is profitable. Of course, regular short-term investment is superior to irregular long-term investment. However, large investors hold positions for a longer period of time, and the requirement for the precision of the entry position is not that high. For example, the precise entry method that retail investors focus on, such as breakout entry, aims to make profits quickly and exit promptly. Large investors do not need this. They might think that entry during pullback has a lower cost and is more beneficial for the cost consideration of long-term holdings.
Forex MAM account manager | The technique of placing limit orders tests the ability of investment traders to judge support and resistance.
A limit order is a kind of reservation transaction, which means that it is expected that the price will reach a certain expected position, and an order is placed to achieve automatic transaction without the need for manual supervision and manual placing of orders.
For short-term traders, in an uptrend, it is simply that they do not want to miss the good opportunity to break through the previous high position; in a downtrend, it is simply that they do not want to miss the good opportunity to break through the previous low position. However, false breakouts are a common phenomenon in investment trading. When placing limit orders for breakouts at the previous high and previous low positions, there is usually a stop-loss order accompanying them. Otherwise, when encountering a false breakout, the breakout limit order will fall into the predicament of being trapped. Anyway, the technique of placing limit orders tests the ability of investment traders to judge support and resistance, which depends on the trading intuition of investment traders and their unique discrimination ability for a certain variety. Only by specializing in a certain subdivided variety and being deeply familiar with its characteristics can the situation of missing out be reduced. Otherwise, false breakouts often cause investment traders to suffer heavy losses and be bruised all over.
For long-term investors, in an uptrend, it is simply that they do not want to miss the good opportunity to retrace to the previous low position; in a downtrend, it is simply that they do not want to miss the good opportunity to retrace to the previous high position. For long-term investors who hold positions for several years, they do not deliberately focus on the accuracy of the position. As long as the cost can be reduced approximately, they will not set a stop-loss either because the perspective of thinking is different.
Forex MAM account manager | Buy low and sell high, sell high and buy low, buy high and sell even higher, sell low and buy even lower.
In investment trading operations, investment traders are often influenced by others. Only by having the ability of independent judgment can this kind of interference be avoided when conducting transactions. However, sometimes the biggest impact and misleading on our operations may be precisely those well-known investment quotes, which may even cause us to suffer huge losses.
Buy low and sell high, sell high and buy low, buy high and sell even higher, sell low and buy even lower. When these phrases are listed together, at first glance, there seems to be nothing wrong, but if carefully explored, it will be found that there are contradictions at the implementation level, making people feel confused and at a loss.
For the bullish trend layout: one should buy low and sell high. For the bearish trend layout: it is to sell high and buy low. In fact, this belongs to the expression of a long-term strategy, emphasizing waiting for the opportunity and then bottom-fishing or top-fishing to establish a long position and holding it for a long time to obtain substantial returns.
In a bullish trend: buy high and sell even higher. In a bearish trend: sell low and buy even lower. In fact, this belongs to the expression of a short-term strategy, highlighting the short-term perspective strategy of breakout trading.
Forex MAM account manager | Forex MAM account manager | Strictly prohibited reverse positions, heavy positions, averaging down without stop-loss are correct in the short term but wrong in the long term.
Reverse positions, heavy positions, averaging down without stop-loss are strictly prohibited in short-term strategies when leverage is used, not at historical bottoms or tops, and in the case of daily operations. This is correct.
However, when at historical bottoms or tops and used as a long-term strategy, without leverage and with reverse positions, averaging down and no stop-loss, it can be adopted. Because at historical bottoms or tops, positive or inverted pyramids can be used to position the portfolio, and this positioning itself belongs to the operations of reverse positions, averaging down and no stop-loss. At this time, if one still adheres to the traditional trading concept of "strictly prohibiting reverse positions, averaging down and no stop-loss", one will miss a good opportunity for a major strategic investment layout.
In two-way investment transactions, opportunities at the tops and bottoms often occur only once every several years. The process of building positions from floating losses to floating profits is actually a process of averaging down with reverse positions and no stop-loss without leverage and heavy positions. This is deeply understood by large investors with real practical battle experience.
Forex MAM account manager | Never catch the "falling knife" during the process of a downtrend.
In two-way forex investment transactions, never catch the "falling knife" during the process of a downtrend or uptrend. This statement is correct. It emphasizes that one should not go against the trend during the breakout stage but follow the trend and place breakout orders for operations to obtain substantial profits.
If at the historical bottom or top of a certain currency pair, it is possible to plan long-term positions without using leverage by using the order placement layout of a positive or inverted pyramid. It would be even more ideal if there is the support of a positive interest spread, which can assist long-term investors to pass through the long bottom-fishing and top-fishing regions, thereby reducing the amount of floating losses and making the position holding more determined. It should be noted that not using leverage can reduce the scale of floating losses and also make the position holding more determined.
Forex MAM account manager | Bottom fishing and top catching are the goals that large funds pursue after a long wait.
"Be greedy when others are fearful. Be fearful when others are greedy. Buy when no one is interested and sell when the place is crowded." These trading maxims actually all highlight the significance of bottom fishing and top catching. In order to achieve bottom fishing and top catching, large funds often have to wait for several years to wait for a rare opportunity. Large investors always emphasize waiting. If not for bottom fishing and top catching, then what exactly are they waiting for?
One of the taboos for retail investors is bottom fishing and top catching. This is because retail investors have a small capital scale and expect to find favorable positions at the top and bottom to avoid being easily eliminated. From a human nature perspective, there is nothing wrong with this. However, the top and bottom in the eyes of retail investors may occur several times a week, while the top and bottom recognized by large fund investment traders only occur once every several years. The perspectives are different, and the final results of bottom fishing and top catching are completely different: one is strictly prohibited, and the other is strongly advocated.
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+86 137 1158 0480
+86 137 1158 0480
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