Forex multi account manager | Use your trading account operating, investing, trading | Assist in self management of family office investment
MAM & PAMM | Dopamine may support short-term trading, while endorphins may support long-term investments. Distinguish between individual hormone levels and choose short-term traders or long-term investors.
It is said that dopamine is fond of sweetness and tends to bring pleasure and happiness through short-term impulses. Endorphins are bitter loving and tend to endure pain for a long time before becoming sweet. After experiencing the trials and tribulations of hardship, they achieve great success and a high sense of happiness and mission. This phenomenon precisely explains why short-term traders, especially ultra short-term traders, engage in high-frequency or short-term trading under the influence of dopamine to achieve a temporary sense of happiness of success. But it is worth noting that while high-frequency trading occurs, there will also be high-frequency stop losses. Each small stop loss is a small setback, and countless small stop losses accumulate to a certain amount. Will it make ultra short-term traders exhaust all their heat and give up short-term trading, or even leave the foreign exchange investment market. This is not random speculation. Has the foreign exchange market become a super rich person through short-term trading? Long term investors with large funds mainly seek investment opportunities with high winning odds such as historical highs or lows, almost without leverage or stop losses. They may experience floating losses at the beginning, but with the support of endorphins, they can withstand the floating losses at the top and bottom, as well as the floating wins at the top and bottom. They do not seek small profits of thousands or tens thousands of dollars, but rather have dreams and goals of huge returns of hundreds or millions of dollars, provided that they can withstand long and painful waiting and suffering.
MAM & PAMM | Deal with the pain of waiting for investment, enjoy and be busy with other hobbies to kill the garbage time in the investment process.
Even humans with suicidal tendencies will not commit suicide easily if they have a hobby that they cannot give up. For example, if you like good food, if you have relatives or friends who are worried about you, if you like entertainment such as singing, dancing, playing musical instruments, etc., if you like certain sports such as fishing, running, hiking, traveling, etc., if you like certain skills such as sculpture, photography, and programming code etc. Stop loss in forex investment and suicide in life are very similar in phenomenon. After all long-term investment positions are be arranged, there will be a long wait of several years. This is a very headache. How to deal with the long-term suffering of waiting for investment? That is to enjoy and be busy with other hobbies to kill the garbage time in the investment process. Otherwise, you will always focus on the long-term position. When you see the slightest disturbance, you can't help but want to close the position and profit taken. When you see a big pullback, you want to close the bottom position or the top position. When you read the news and read the nonsense of people who don’t understand investing, you may be influenced, misled, manipulated, or even want to stop your long-term position. It was originally a long-term investment with a high chance of winning, but the final result is all previous efforts were wasted and investment performance was very mediocre.
MAM & PAMM | The short-term discussion is about trading sentiment, while the long-term discussion is about investment psychology.
Trading emotions mainly deal with: rapid recovery of short-term stop loss frustration and psychological control of inflation after short-term profits. After high-frequency stop loss, you will not be too scared to enter the market again. After making short-term profits, you will not be so bold as to use high leverage indiscriminately. Investment psychology mainly deals with: in long-term investment, the consolidation of tolerance and the blessing of self-confidence during floating losses. In long-term investment, when profits are floating, avoid the short-sighted behavior of seeing short-term profits and forgetting about longer-term and more generous returns, that is, the behavior of always wanting to settle for safety and always wanting to close positions as soon as the gains are good. Short-term trading emotions are short-term mentality and attitudes. Long-term investment psychology is a long-lasting, relatively stable psychology and model.
MAM & PAMM | From beginner to intermediate to advanced, then from the most advanced to the most concise, this is a step-by-step process.
The process of trading learning for investment traders is as follows: junior traders focus on developing single trading skills, intermediate traders concentrate on compound investment strategies, and advanced traders prioritize investment psychology and risk control. This is a step-by-step process and necessary process. After completing this entire process, it will naturally transition from high complexity to extreme simplicity. This is the truth of simplicity is the highest level of complexity. Of course, if an investment trader is fortunate enough to secure a position at an institution or a large investment bank, access to substantial capital and professional training will expedite the evolution process. If an investment trader possesses exceptional talent, self-study can expedite this evolutionary process. As an ordinary individual with average qualifications, the evolution process may be relatively lengthy, especially since foreign exchange investment is not a widely popular field. In addition to stabilize their country's financial environment and prevent the loss of foreign exchange, countries worldwide have implemented layers of restrictions, some of which are quite strict on foreign exchange investments. It is prohibited because the ecological environment for foreign exchange investment is unfavorable, with a significant lack of information for learning and research. This deficiency will further impede the transformation process for regular foreign exchange investment traders. Only money will be available to the poor, but rights never will. If you have no way out, then move forward without fear.
MAM & PAMM | Making money is not difficult. You can succeed with deliberate practice and mastering a niche field. Forex trading is no exception.
Like football, deliberate practice involves repeating a task 10,000 times; it is dynamic deliberate practice. Dynamic practice can be observed by both outsiders and yourself. The deliberate practice of forex trading activities 10,000 times is called static deliberate practice. Static practice cannot be observed by outsiders or even by yourself, but you can feel its effects. Deliberate practice of investment trading includes learning invisible experiential skills such as emotional control and risk management. Read the book a hundred times, and its meaning will appear by itself. After trading tens of thousands of times, trading experience will naturally develop. Repetition is not simply repeating the same thing, but rather a purposeful, reinforced, and internalized process of continual improvement. Deliberate practice of forex trading experience skills includes screen time, communication, trading history research, and reading the experiences and reviews of successful traders. Spending 10,000 hours on deliberate practice to enhance experiential skills is mentally demanding and not particularly enjoyable. Although deliberate practice emphasizes repetition, it also emphasizes self-awareness, analysis, and the ability to adjust self-expression. This is a critical stage in a trader's development, a time when both good and bad habits are formed. If a new trader lacks patience and rushes through the deliberate practice process in an attempt to accelerate learning due to eagerness to make money, the likelihood of improper practice of trading skills will increase, ultimately resulting in ineffective trading practices. Investors can become too frustrated and decide to leave the investment and trading career. Patience is crucial for sustained successful trading, enabling you to be discerning in your trading choices. Experienced traders will not rush into trading but will wait patiently until an opportunity with a high probability of success arises before entering the market. Once a trade is entered, a patient trader will allow enough time for the position to expand and will not exit the trade prematurely. Instead, he will exit the trade based on achieving the predetermined long-term profit target.
MAM & PAMM | It is normal for overnight interest and trend extension to move in opposite directions, which contradicts short-term trading techniques and long-term investment strategies.
The overnight interest rate is moving in the opposite direction of the trend extension, causing the trend to fluctuate within a narrow range. This situation is not favorable for short-term trading. In recent decades, the forex market trend has been stagnant, resembling a still pool of water without any ripples. Currently, the most effective long-term investment strategy involves entering historical market highs and lows, considering overnight and long-term interest rates, and aligning investments with the prevailing trend extension. Are there any best short-term investment techniques? If you observe the stagnant forex market over the past decade, you will notice that the short-term traders and ultra-short-term traders, who used to offer liquidity, have almost vanished collectively. This is because no one is willing to risk their lives in vain and be mere cannon fodder. This is also the reason why the forex brokerage platform has experienced a significant decline: few retail investors are willing to open an account. Even forex banks and large-capital investors are struggling due to the forex trend, which has led to a decrease in the number of people participating in investments.
MAM & PAMM | Why choose savings, short-term trading, and long-term investment? Different income levels and risk concepts determine different financial management methods.
If you are a person who receives a fixed salary of several thousand dollars, the best investment is your family. Your home and everything will be prosperous. If your children grow up in a good family atmosphere, their chances of success will be much higher. If your children succeed, you can also enjoy the blessings. If you still have money left over, give priority to fixed-income savings. People with fixed-income are most risk-averse, that is, they are risk-averse. It is also not allowed in terms of quantity and income. If 5,000 rises by 100%, the gain will only be 5,000. If 1 million rises by 10%, the gain will be 100,000. People who trade short-term have very high requirements for trading skills, risk tolerance, and pressure resistance. They cannot bear the torture of waiting for long-term investment. The main reason is the limited amount of funds. If he is an investor with large funds and does not like fixed income, he will definitely choose long-term investment. The strong capital scale makes it impossible for him to choose short-term trading. The concept of big chickens not eating broken rice will not choose to do it. It's not worth taking big risks for small profits. The large amount of capital and risk awareness are not matched.
MAM & PAMM | You can't make money with theory, you can make money with experience. The theoretical skills of forex trading and the experiential skills of forex trading are two different dimensions.
80% of knowledge is useless. You have learned and mastered knowledge, but you have not put it to use. In particular, individuals who possess a wealth of knowledge may struggle to earn sufficient income to provide for their families, leading to a life of poverty or even extreme hardship. This situation strongly supports the notion that knowledge is deemed useless. For example, forex investment is prohibited in some countries. Some financial professors who possess knowledge of forex trading are eager to utilize their expertise and experience. However, they lack practical opportunities and a forex ecological environment. It will take a long time for their expertise to mature. Time-consuming practical exercises will be beneficial. Only in this way can we truly master the experience of forex trading and investment. Without practical application, trading knowledge cannot be effectively translated into trading experience. This phenomenon often results in a peculiar scenario: in real-money investment tradings, a finance professor's investment performance may not match that of an investor with only a high school degree but possesses a decade of trading experience. Even traders with extensive forex trading experience and investment knowledge may struggle to turn their expertise into profitable returns without adequate funds or an investment platform from a forex bank. The Art of Trading correct translation should be "The empirical skills of trading". Most authors of forex trading books are not actual currency traders. The books they write focus on the "theoretical skills" of forex trading, rather than the "empirical skills" of forex trading. This is how ordinary investors read trading books. The biggest cognitive misunderstanding, yet most people are not aware of the subtle differences. The skills gained through experience can only be understood and mastered by oneself, they cannot be fully expressed in words. At the same time, it also shows that there is an essential difference between "theoretical skills" and "empirical skills," and most people confuse them.
MAM & PAMM | Different types of waiting include waiting for no position, waiting for holding position, short-term waiting, and long-term waiting.
The value of trading opportunities lies in their scarcity and profits are earned through precise judgment and patience. In forex trading that waiting without holding a position refers to refraining from opening positions when opportunities are scarce, while waiting with positions involves establishing positions and patiently holding it after identifying trading opportunity with high probability of success. Short-term trading mainly focuses on identifying breakout points, while long-term investment pays more attention to buying and selling opportunities at historical bottoms and tops. There is a significant difference in the time span between the two waiting methods. The waiting time for short-term trading is shorter, whereas the waiting time for long-term investment is relatively long. Successfully managing these waiting periods requires investors to possess extensive trading experience and substantial capital. Although engaging in short-term trading involves speculative behavior to a certain extent, focusing on medium or long term investment layouts constitutes a genuine long-term investment strategy. Unexpected situations do not fall within the typical realm of waiting for investment tradings but rather fall under special circumstances. Failure to capitalize on the profits of this market segment is a common occurrence. This is not due to improper timing, but rather because regular investors who lack insider news are typically unable to anticipate and capitalize on such market fluctuations unless they consistently use a stop order strategy to catch them in emergency.
MAM & PAMM | There are differences in the concepts, awareness and cognition of saving and spending money, saving and making money, consuming and investing and financial management.
For most ordinary people in the world, money is always scarce. Their lives are full of problems that are difficult to solve due to a lack of funds, such as basic needs like food clothing housing and daily travel. Different people's fates and backgrounds result in significant variations in financial management principles. People who are financially vulnerable should prioritize saving money and building sufficient capital before focusing on generating income to achieve wealth accumulation. A person's wealth level is affected by their thinking patterns. Only with sufficient initial capital can one start a business and earn substantial profits. Children from poor families learn to cherish every penny from an early age, while children from wealthy families often do not grasp this concept until middle age. In addition, the concept of fixed income such as a salary, may constrain people's entrepreneurial spirit because starting a business often requires long-term accumulation and patience. Consumption and investment are two distinct concepts. The same expenditure such as a luxurious banquet, high-end clothing, or a luxury car, is considered consumption when it is for personal enjoyment. However, if the expenditure is aimed at attracting customers or generating business orders, it is classified as an investment. Poor people tend to prioritize immediate consumption for instant gratification, whereas wealthy individuals focus more on long-term investments to secure future happiness.
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+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
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