Forex multi account manager | Use your trading account operating, investing, trading | Assist in self management of family office investment
For full-time traders in foreign exchange investment and trading, it is essential to always maintain a professional attitude of not being arrogant in victory or discouraged in defeat.
When accumulating wealth to an extremely wealthy state, one must not show off and flaunt wealth. When encountering a small setback, one cannot show cowardice. If one fails to make a profit, it is very likely to be ridiculed by others. When starting to make gains, others may suspect one of being a gambler. If one can earn the equivalent of others' five years' earnings within a year, others may become jealous and there may even be a risk of being harmed for no reason. Never underestimate the evil of human nature. Benefiting oneself at the expense of others is a relatively common manifestation of human nature. Although harming others without benefiting oneself is relatively rare, it is still within the normal range. When one's earnings in a year are equivalent to others' earnings in ten years, others will be envious and approach actively. When one can earn others' lifetime wealth in a year, this person has stepped out of the ranks of ordinary people and can be called a dragon among people.
Foreign exchange investment and trading belongs to non-counter trading forms. Under normal circumstances, large amounts of funds are usually deposited in large foreign banks and have relatively high confidentiality overall. As long as secrets are strictly kept, no one can know the specific situation. Whether there is a loss or a significant profit, it belongs to the category of personal affairs. Outsiders cannot peek into any private content. Even the account manager cannot accurately grasp the real capital scale. From a professional perspective, foreign exchange investment and trading can be regarded as a relatively ideal investment career.
However, making efforts to study and deeply understand several subdivided currency pairs is an important prerequisite. Generally speaking, the more effort one puts in, the better luck one will often have. If one does not make efforts, even if luck comes, one will have no ability to firmly grasp it at all.
The foreign exchange investment and trading industry has relative particularity. In this industry, practitioners are usually more valuable as they get older.
Different from most ordinary industries, when people retire from ordinary industries, even if they have some insights, they may find it difficult to return to their old occupations. This is because ordinary industries often lack barriers and the demand for experience is not very urgent. Even if they have experience, they may face the situation of being nowhere to be used, resulting in the so-called phenomenon of excess experience. However, in the financial industry, especially in the field of foreign exchange investment and trading, experience becomes more and more precious as people get older. The older people are, the richer their experience is, and the more likely they are to obtain substantial returns.
Of course, there are indeed some people in the financial industry who are forced to retire at a relatively young age. But it is certain that the positions of those who are forced to retire must not be positions that earn income by relying on investment and trading experience. If one makes a profit by relying on investment and trading experience, then this kind of experience will never be outdated. People can earn wealth for themselves and seek benefits for their families by relying on this kind of experience. The technology of being able to earn substantial returns by simply turning on the computer and pressing the buy or sell button is an experience that never goes out of style. This is also the only criterion for testing whether experience is valuable.
Those who are not chosen by destiny cannot make use of the secrets of foreign exchange investment and trading even if they are given. Those who are chosen by destiny will surely find them without being given.
From a professional perspective, if a knife is in the hands of a martial arts master, it is undoubtedly a lethal weapon; but if it falls into the hands of a naive child, it may become a weapon for self-harm. Analyzing from this example, a trading system that can generate stable profits must exist. However, when the same trading system is in the hands of different people, the final results are vastly different. This is the result of the joint action of many factors such as human nature, execution ability, emotional control ability, capital scale, psychological control ability, and technical level.
Of course, any foreign exchange investment trader needs to go through an evolution process from novice to experienced and then to expert. This does not include those traders who quit halfway due to discouragement. In the early stage of trading, many novices strongly desire that someone can directly provide a trading system that can be used directly. This is a commonality of human beings and no one can avoid it. However, when one realizes one day that there is no such ready-to-use investment trading system, one achieves enlightenment. At this time, not only spiritual freedom is achieved, but also financial freedom is obtained.
There are many people who seem to be investment masters who hide their trading systems as tightly as family heirlooms for fear of being stolen by others and will never fully disclose their trading systems to others. But a real master will directly announce the secrets of investment and trading. The reason lies in human nature: even if the trading secrets are told, they may not necessarily be implemented. Also considering human nature: even if the trading secrets are not disclosed, if a person has an unyielding spirit, he will surely find the trading secrets, and no one can stop his process of finding the trading secrets.
In the field of foreign exchange investment and trading, it presents both characteristics of having no secrets and containing secret elements.
Specifically speaking, regarding "having no secrets", knowledge, common sense, experience, and techniques in the field of foreign exchange investment and trading are all public content, and relevant data can be obtained through specific channels. As for "having secrets", it means that everyone has their own specific tricks and methods, and has an investment logic that matches their own personality, life experience, and social experience.
Let's think about it. At the same time or at different time nodes, there are countless people who open positions, build positions, and place orders at the same price. Among them, the vast majority of people simply choose to go short or long, and even a very small number of people open hedging positions. The purpose of opening long and short positions at the same time is only to earn price differences. However, the motives, concepts, logics, and thinking behind these behaviors are all different, but the goals are highly consistent, that is, to achieve profitable earnings.
From the perspective of trading strategies, it is nothing more than fighting for reversals in unilateral market conditions and betting on unilateral trends in volatile market conditions. Or engage in long-term carry trade investments to earn huge accumulations of overnight interest differentials. In terms of operating methods, it is nothing more than buying low and selling high, selling high and buying low, or buying low and then selling even higher, and selling high and then buying even lower. In terms of forms, it is nothing more than N-shaped forms, W-shaped forms, M-shaped forms, and more consolidation forms, while trend forms are relatively more scarce.
In short, in the entire investment career, the longer one persists, the easier it is to earn substantial returns; in the entire trading process, the longer one holds positions, the easier it is to obtain large profits. The key lies in whether an individual can become the person who persists until the end and achieves great success, that is, the so-called chosen one, and this entirely depends on an individual's own will.
In the financial field, true financial industry practitioners are usually strictly prohibited from participating in trading activities.
Based on this, the advice given by analysts in industries such as stocks, futures, and foreign exchange must not be fully accepted without judgment. We should maintain rational and clear cognition and must not blindly worship any financial industry practitioners. The reason is that they belong to the same group that is difficult to obtain huge wealth. If they have the ability to earn substantial profits, they will not be limited to only playing the role of financial industry practitioners. Only those who truly invest in investment and trading with real money have the premise and foundation for being trusted.
However, investment and trading is a job with both extremely low and extremely high thresholds. The extremely low threshold is manifested in that this job is not restricted by any education, family background, identity, or relationship, and anyone can participate in it. The extremely high threshold is reflected in the fact that successful traders often need to go through arduous learning processes, withstand repeated failures and tempering, and especially endure repeated impacts and ravages of the market. They need to go through a long time, pay arduous patience, and finally understand the essential connotations of the market, trading, and self before they can move towards success. This pattern determines that investment and trading will inevitably become an industry in which only a very small number of people can succeed. Those very few successful people are by no means those who enjoy success without doing anything. On the contrary, they have put in huge mental efforts, such as learning, thinking, analyzing, reflecting, and understanding; at the same time, they have also put in huge physical efforts, such as continuously participating in trading, recording, and calculating. In addition, they need to bear all the pressure from the market alone and take full responsibility for all their trading behaviors. In fact, they are lonely practitioners and a very small number of people who have survived after going through countless difficulties and dangers. On the surface, they seem glamorous, but their past has an indescribable bitter history.
In the field of foreign exchange investment and trading, all trend-following trading systems cannot effectively filter false signals.
The so-called filtering is essentially adding more conditions, thereby reducing the opportunities for foreign exchange investment and trading. From an intuitive perspective, it seems to filter out false signals, but in fact, true signals are also filtered out at the same time. Here, it is advisable to think deeply. If someone can completely filter out false signals, then their winning rate will reach 100%. Theoretically speaking, all the wealth in the world may be in their possession. However, this is absolutely impossible because this is common sense. The great way is simple. Only by respecting common sense can traders find the starting point for stable profits. Trading is simple. The simpler it is, the easier it is to obtain returns. Life is also simple. The simpler it is, the more one can experience happiness.
In essence, foreign exchange investment traders are no different from the general public. They are all committed to maintaining their livelihoods through their own efforts.
The reason why foreign exchange investment trading is so attractive mainly lies in the fact that there are no threshold restrictions on identity and educational background. Foreign exchange investment traders need to bear the consequences of profit and loss of transactions on their own and do not need to rely on others. This characteristic endows foreign exchange investment traders with a sense of fairness and the concept of self-esteem. In addition, the generous returns brought by successful foreign exchange investment traders provide new possibilities for life. These factors jointly prompt many foreign exchange investment traders to participate in it and continuously inject vitality into the global foreign exchange investment trading system. If one wants to gain a firm foothold in the market and become a real foreign exchange investment trader, learning, practice and comprehension are crucial key links. In the foreign exchange investment trading market, there are a large number of books, materials and articles available for study, and there is no obstacle in obtaining foreign exchange investment trading knowledge.
However, many people are confused about how to start the road of foreign exchange investment trading and are not clear about which books should be read and how to conduct effective learning. Although many successful foreign exchange investment traders are willing to share their strategies and experiences, many novice foreign exchange investment traders find it difficult to understand or put them into practice. Usually, this is because novice foreign exchange investment traders lack a systematic knowledge framework and correct cognitive concepts, so they cannot understand the methods and experiences of successful foreign exchange investment traders. In any field, the process of learning knowledge is a journey from simple to complex and then from complex to simple. The ultimate goal of all investment and trading behaviors is to achieve profitability. Profitability is the external manifestation of personal intrinsic value, and all investment and trading behaviors are closely related to individuals. In foreign exchange investment trading, the biggest obstacle factors are ignorance, fear and greed, while the biggest help is knowledge, time and rationality. Only by successfully overcoming oneself can one survive in the market.
There is little possibility of incurring significant losses in foreign exchange investment and currency trading.
The investment objects of foreign exchange investment and currency trading include world mainstream currencies and currencies of emerging markets. As investment targets and trading tools, mainstream currency pairs exhibit characteristics of low risk and low return; currency pairs of emerging markets belong to the category of investment targets and trading tools with high risk, high interest rate and high return. In recent decades, global mainstream currencies have implemented monetary policies of low interest rates and even negative interest rates. At the same time, the central banks of mainstream currency countries will control or maintain currency prices within a relatively narrow range in order to maintain the dominant position of their own countries' trade in global trade. Based on this, it is difficult to carry out effective carry trade operations and it is not easy to form obvious trends. Therefore, foreign exchange investment is currency trading. In principle, there is no significant risk, provided that high leverage is avoided. If no leverage is used or the leverage ratio does not exceed 5 times, there is basically no possibility of incurring significant losses, unless there is an error in direction judgment and no stop loss is set.
In the field of foreign exchange investment and trading, when the buying power of currency is strong, the currency price tends to rise; when the selling power of currency is strong, the currency price tends to fall.
The short-term price and short-term price trend of the foreign exchange market are determined by trading behaviors driven by the scale of funds. However, due to the relatively small trading volume of emerging market currencies, their prices are often affected by the trading volume between mainstream currencies and emerging market currencies. The power ranking of mainstream currencies determines the fluctuation range of emerging market currencies. The prices in the foreign exchange market are obtained through mutual conversion. When the price of mainstream currencies changes, the price of emerging market currencies will be passively recalculated, and then a new foreign exchange price is obtained. Based on this, when conducting investment and trading in emerging market currencies, it is necessary to closely monitor the trend of mainstream currencies that are most closely bound to emerging market currencies. This may be the most crucial secret for investing and trading in emerging market currencies: always pay attention to the linkage and resonance relationship between emerging market currencies and the mainstream currencies that are closest to them.
The foreign exchange investment trading system, as a set of rule systems aiming to achieve profitability in the foreign exchange investment market, covers multiple aspects such as fund management, analysis techniques, and risk control.
Its goal is to help foreign exchange investment traders achieve continuous profitability. An effective fund management strategy requires reasonable control over the scale of each transaction, which is similar to the control of bet amounts in gambling, ensuring that whether it is a profit or a loss, it is within an acceptable range, thereby ensuring that traders can participate in market transactions for a long time and achieve profitability through the probability advantage accumulated through multiple transactions.
Therefore, a perfect foreign exchange investment trading system needs to have sufficient flexibility in space and time, and this is mainly achieved through fund management. Without this flexibility, foreign exchange investment traders will find it difficult to continuously implement trading strategies, and profitability will also be difficult to maintain stability.
The spatial and temporal flexibility of the foreign exchange investment trading system refers to its tolerance for fluctuations in the foreign exchange investment market and losses of funds in foreign exchange investment trading accounts. No foreign exchange investment strategy or foreign exchange investment trading system can guarantee getting rich overnight. They can only provide a certain investment return rate. For foreign exchange investment traders, one of the key elements of success is having correct cognition. Only when the cognitive level of foreign exchange investment trading reaches a certain height is it possible to surpass the majority and become one of the few foreign exchange investment traders who can achieve long-term stable profitability. Foreign exchange investment trading cognition, as the core competitiveness, covers a profound understanding of the foreign exchange investment trading market, trading process, and self. Once this cognition is formed, foreign exchange investment traders are less likely to be influenced by emotions such as greed, fear, joy, or sadness, but can focus on the current foreign exchange investment trading tasks, thereby surviving in the foreign exchange investment trading process and ultimately achieving profitability.
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+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
China · Guangzhou
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