Forex multi account manager | Use your trading account operating, investing, trading | Assist in self management of family office investment
Forex multi account manager | Reasons Why Small-Capital Short-Term Traders Favor Intraday Gold Trading.
The gold market is favored by small-capital short-term traders due to its significant volatility and is often regarded as a "beginner-friendly" investment option. The intraday fluctuations in this market provide numerous trading opportunities for traders. Although the intraday fluctuations in the gold price are large, presenting short-term traders with the opportunity to quickly enter and exit the market and obtain profits, it also conceals relatively high risks. In contrast, although band trend trading has better potential returns and relatively lower risks, it requires traders to have strong pressure-resistance ability and sufficient capital support. For traders with limited funds, they usually have no advantage in terms of funds and find it difficult to accurately judge the major trend of the market, which puts them at a disadvantage in band trading. Additionally, a notable advantage of intraday trading lies in its feature of single-day settlement, which reduces overnight risks and eases the psychological pressure on traders. However, when some short-term traders suffer losses, they may choose to hold positions, expecting the market to reverse, thereby passively transforming intraday trading into band trading. It should be noted that band trading has higher requirements for traders' technical capabilities, the abundance of funds, and psychological resilience. In the forex market, currency intervention is extremely frequent, causing troubles for short-term traders, while the gold price has no concern of being intervened.
Forex multi account manager | Sharing investment and trading skills usually does not require a cost, but if used blindly, the price to pay may be extremely high.
The stock, futures, and currency markets all have their own characteristics. Although the principles of investment and trading strategies may have something in common, there are obvious differences in the actual operation process. Whether to learn these skills, and whether these skills are provided for free or need to be obtained at a cost, is entirely determined by the instructor. Learners need to judge for themselves whether this knowledge is worth learning and need to determine through dialectical thinking, analysis, and verification whether they are suitable for their own trading scope or specific varieties. Globally, higher education institutions rarely list trading techniques as formal courses. This may be because in English, the more accurate expression of "trading techniques" is "trading art", and the meaning of "art" here is not just "art". On a deeper level, it means a mature skill formed through long-term tempering. Cultivating this skill often requires ten or even twenty years of precipitation. If university professors have already mastered such skills, they probably will not choose to continue teaching, because teaching trading skills is a time-consuming and laborious task, even more difficult than trading in person. In addition, professors may be more inclined to devote their time and energy to their own trading activities. Please keep an important rule in mind: Any investment method or strategy, if it is not deeply understood and comprehended by yourself, even if it is taught to you by others, you may not dare to fully trust or apply it. This is because true confidence and skills can only be obtained through personal practice and experience.
Forex multi account manager | When establishing new positions and increasing position size, there is no need to set stop-loss for long-term investments.
When it comes to stop-loss strategies, in fact, what we often discuss is short-term trading, although this point may not be directly stated. If a trader's principal is depleted due to frequent stop-losses, this usually indicates that they are in the realm of high-frequency trading, although this point is also not explicitly pointed out. High-frequency trading, short-term operations, and stop-loss strategies have become regular contents of education and training on forex broker platforms. However, given that most forex platforms are essentially betting platforms, this textbook-like teaching content has misled many traders, causing them to wander and get lost on the wrong trading path. Not setting a stop-loss is feasible, but certain conditions need to be met: First, the trader must have sufficient funds reserve; second, leverage should be avoided; third, the held position must be light enough; fourth, the trader needs to have excellent patience; finally, the trader should focus on long-term investment rather than short-term trading or ultra-short-term speculation.
Forex multi account manager | In the field of investment trading, the ability to distinguish between following the trend and going against the trend is usually influenced by an individual's position, perspective, and the clarity of thinking.
For a large number of beginners or those about to enter the ranks of proficient traders, this is a common confusing stage. In investment trading, the judgment of trends is unavoidable, including the discrimination of long-term and short-term trends. This is mainly because traders have not yet had a clear and definite understanding of their own investment positioning and trading position: whether to be a long-term investor or a short-term trader.
If you are determined to be a long-term investor, you will naturally analyze all investment opportunities from a long-term perspective, the thinking of major players, and the position of long-term investment. Conversely, if you choose to be a short-term trader, you will also naturally analyze all trading opportunities based on the short-term perspective, the thinking of retail investors, and the position of short-term trading. Long-term investment and short-term trading are essentially distinct strategies. However, it is a pity that most small-capital traders who are new to the forex market often have relatively limited funds and aim to achieve financial freedom. However, the scale of their funds limits their vision and position, making them tend to seek opportunities for quick wealth.
When planning for an uptrend, when the price drops to the historical bottom area and no one buys, you can buy slowly and hold for several years at a low price. One uptrend can earn several times the profit.
When planning for a downtrend, when the price rises to the historical top area and no one sells, you can sell slowly and hold for several years at a high price. One downtrend can also earn several times the profit.
Forex multi account manager | I do not support children or friends getting involved in the investment trading industry.
The reason is that investment trading requires both innate genetic traits and the cultivation of the postnatal environment as well as an individual's enthusiasm for this field. Without the support of these elements, learning investment trading will be very difficult. Even if we are willing to teach relevant knowledge of investment trading, if they lack the enthusiasm to learn, then this knowledge is difficult to be effectively absorbed and applied. Take my personal experience for example. I once asked my daughter, who is focused on being an animation director, if she was willing to learn investment trading to relieve work pressure. However, her answer was straightforward: She hoped that I would invest well and leave the money to her, so that she would no longer need to learn investment. This reflects a common human nature trait - people often tend to directly accept the results rather than make efforts to obtain them themselves. Moreover, on another level, those who have weathered the storms in the market and achieved success usually do not want their children to follow the same old path and endure the hardships of the market again. For relatives and friends, we should also follow this principle: Do not advise them to engage in investment trading. Because once they succeed in their investment, they may not share the benefits with us or even express gratitude, thinking it is taken for granted. And if they lose in their investment, they may blame us and even ask us to bear the losses. This is the complex and true side of human nature.
Forex multi account manager | The Advantages and Disadvantages of Morphology in Foreign Exchange Investment Trading.
Long-term investors usually use the daily moving average chart to observe the trend chart of the horizontal coordinate to determine the development trend of long-term investment. Long-term investors also often rely on the daily candlestick chart to view the trend chart of the vertical coordinate to infer the development trend of short-term trading. The vertical coordinate trend chart is also called trading morphology by some. Its advantages are: It can intuitively show the historical top and bottom of the long-term, as well as the historical top and bottom of the stage. Its disadvantages are: It can only provide the vertical dimension of the historical position and space, but cannot provide the direction, that is, the parallel dimension. Wise long-term investors will grasp the general direction with the help of moving averages and use morphology to clarify the position of building positions and the area of closing positions and taking profits of the general trend, thereby achieving substantial returns from long-term investment.
Forex multi account manager | Investment trading seems to have no threshold but eliminates participants with real money.
In many industries, having an entry threshold is a common state. However, some industries seem to have no significant threshold on the surface, but in fact, because of their great inherent difficulty, the threshold is replaced by the laws of nature invisibly. In the field of trading and investment, this invisible threshold is particularly prominent. Although short-term trading is highly risky, long-term investment is relatively less risky. Successful traders and investors usually understand that if trading is regarded as an entertainment, it often leads to rapid failure; while investors who regard trading as a serious job can gradually accumulate experience and knowledge, and then gain a firm foothold in the market.
True trading masters grow up through long-term market tests and personal tempering. Their success is by no means accidental but is closely linked to many factors such as personal hard work, family background, acquired environment, ambition and life ideals. As a high-risk profession, investment trading, for those who can overcome the initial difficulties, can eventually reap relative freedom and returns.
We should not be grateful for our origin and environment because such gratitude is often out of helplessness rather than sincerity. However, recognizing that our success is not entirely due to personal ability but the result of the joint action of the environment and fate can help us maintain a clear self-awareness. This kind of awareness enables us to understand the complexity and unpredictability of life while neither being complacent nor underestimating ourselves.
In a career, those seemingly stable jobs with fixed income are often accompanied by long-term restrictions because they are bound by systems, rules and disciplines. In contrast, although trading and investment are risky, they also offer more freedom and possibilities. This kind of freedom and possibility is a precious opportunity for those who are of ordinary origin and lack resources.
Forex multi account manager | In investment trading, don't watch the news, don't pay attention to the messages, and don't trust the data.
During the peak stage of the Internet, targeted push and distribution of information have become extremely common. Such information is usually highly targeted, but regardless of its authenticity, there is a certain degree of lag. This lag provides an opportunity for some main institutions to manipulate the market by relying on information, which can be regarded as part of their investment strategy - information warfare. Since retail investors can generally only obtain filtered second-hand information, they are often at a disadvantage in the market.
Therefore, retail investors should focus on improving their ability to interpret market trends rather than relying solely on possibly manipulated news. When conducting transactions, deeply grasping the characteristics of the traded varieties, tracking their price trends for a long time, and accurately understanding the position of the price are the key elements for successful transactions. Market news and messages can act as catalysts for price changes, but should not be the sole basis for trading decisions. Retail investors should learn to selectively use these messages and use them as an auxiliary means of long-term trading strategies. For example, in a long-term uptrend, bad news may create an opportunity to increase the buying position; while in a long-term downtrend, good news may be the time to establish a selling position.
Forex multi account manager | The Core Secret to Success in Foreign Exchange Investment Trading: Waiting | Waiting.
Success in investment trading is not easily achieved but is the result of the combined effect of multiple factors. Even though different investors give various explanations based on personal experience and concepts, these explanations usually focus on a common theme: waiting. In English-speaking countries, the success of trading is often attributed to "waiting", highlighting the core position of waiting in investment trading.
Waiting is a manifestation of patience. It requires investors to have a deep understanding of the market and be able to accurately distinguish the timing. Successful investors know how to remain calm amid market fluctuations and wait for the best entry and exit opportunities. Such waiting may take several years, but it enables investors to make wise choices at key turning points in the market and thereby obtain long-term returns.
The process of waiting is the inevitable path for investors to transform from beginners to mature experts and eventually become top experts in the investment field. The waiting of long-term investors for several years is not only to capture the historical market bottom or top but also to hold positions at these key nodes and then realize profit-taking and position closing at the next opposite historical turning point. This strategy reflects the investment philosophy of "no business for three years, but make a fortune when there is an opportunity", revealing the persistence and wisdom of successful investors during the waiting process.
Forex multi account manager | For small retail investors, whether investing in short-term or long-term forex, they are faced with huge difficulties, and the small size of their funds is an insurmountable obstacle.
Retail investors with small funds tend to participate in short-term trading in the forex market. The reason behind this might be related to their financial situation. Compared to long-term investment, short-term trading is regarded as a form of speculation. Due to the limited funds of retail investors, each of their transactions is directly related to the basic needs of daily life. From a certain perspective, the trading activities of retail investors are similar to a means of making a living, aiming to obtain immediate income to sustain their livelihood. If they fail to achieve profits in the short term, it means their living expenses are not guaranteed. Moreover, long-term investment is usually associated with the concept of value investment. Over the past two decades, in order to maintain competitiveness in international trade, the monetary policies of most countries have tended to control their currency exchange rates within a narrow fluctuation range. This has led to a lack of a clear long-term trend in the forex market, and as a result, some international forex investment institutions, funds, and banks have had to dissolve their forex investment departments due to the ambiguity of market trends.
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+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
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