Forex multi account manager | Use your trading account operating, investing, trading | Assist in self management of family office investment
In the field of foreign exchange investment and trading, prices exhibit specific patterns. That is, after excessive increases, prices usually decline, and after excessive declines, they will turn upward.
Trend trading can essentially be attributed to "buying when prices are rising and selling when prices are falling." Oscillation trading can be defined as "selling high and buying low." Implementing trend trading is actually continuous tracking of market trends. The basic logic is that the operation of market prices has certain inertial characteristics, and prices often continue to operate within a specific time and space range along the trend direction. If the market shows an upward trend in the later period, then there must be a reasonable reason for going long before that; if there is a decline in the later period, there must also be a basis for shorting before that. This sequence is correct and is also the source of the probability advantage of trend trading. When the relevant reasons are valid, they constitute the entry standard; when the reasons are no longer valid, they become the exit standard.
Long-term trading strategy for multiple currency pairs? Or long-term investment strategy for a single currency pair?
In the field of foreign exchange trading, adopting a trading strategy of multiple currency pairs can effectively reduce the impact of price fluctuations of a single currency pair on the account, thereby reducing the risk of capital drawdown. This diversified trading model can enhance the stability of the overall investment portfolio, increase profit opportunities, and is suitable for long-term investment to achieve continuous profit acquisition. However, investors should note that when there is no obvious trading opportunity for multiple currency pairs, do not forcibly pursue diversification. Otherwise, they may fall into a self-set trap and be trapped by complex multiple currency pair trading and find it difficult to control the situation. Successful foreign exchange traders usually focus their main energy on a single currency pair with significant advantages, which can make the trading process more concise, efficient and relaxed.
Emotions interweave to shape an investment life and also interfere with investment decisions. In foreign exchange investment trading, one needs to wait patiently, maintain confidence, adhere to beliefs, complete the layout, and achieve financial freedom.
Emotions, such as pain, joy, fear, and desire, present a complex interwoven state in our inner world, interacting and reinforcing each other. They not only shape our life trajectories to a large extent but also have an important influence on our investment decisions invisibly. The evolution of the foreign exchange investment trading market is the result of the joint action of historical processes, current conditions, and expected future developments, rather than being dominated by the emotions of onlookers. For individual foreign exchange investors, due to the limitations of capital scale and trading volume, their trading behaviors have extremely limited impacts on the market. In fact, they are only onlookers of the market.
Foreign exchange investment trading is similar to life in that it requires accompanying time and doing simple things to the extreme. Just like those highly skilled craftsmen, through continuous repetition of seemingly monotonous work, extraordinary achievements are finally made. In foreign exchange investment trading, we should also be like this, continuously implementing simple and effective foreign exchange investment trading strategies. Whether it is opening a position, closing a position, or reversing an operation, the decision-making power should be given to the market and time. Be friends with time and patiently wait for the rewards given by time. In the final analysis, the true essence of foreign exchange investment trading is a comprehensive manifestation of belief, giving up, acceptance, and perseverance.
The compound interest effect refers to reinvesting profits or reinvesting earnings. It is one of the key mechanisms for capital growth.
Its calculation formula is F = P(1 + r)ⁿ. For ordinary people, if they want to achieve financial freedom and rely on the power of compound interest, a relatively simple and feasible way is to accumulate the initial original capital P through saving, frugality, and thrift. This is an achievable goal. However, the growth rate r and the number of doublings n are determined by the market and are not within the control of individuals, so it is difficult to accurately grasp them. In fact, ordinary people practice this formula to varying degrees throughout their lives. Especially in China, 600 million people have a monthly average income of less than 1,000 yuan. It is noteworthy that due to low incomes, many families show a structure where men (husbands) support the whole family, and wives are often housewives without jobs. As the saying goes, "When granaries are full, people know propriety and righteousness." Families lacking money are prone to cause conflicts and entanglements, and the consequences cannot be ignored. As a long-term foreign exchange investment trader, I have a profound understanding of the importance of money.
Since closing the factory and devoting myself entirely to foreign exchange investment trading, I have pursued simplicity in material aspects, adhered to the principle of saving whenever possible, strived for simplicity, rarely engaged in consumption activities, and avoided any social engagements. This state is like being possessed. It has created a serious divergence from my family's consumption concept. Although my strength has increased tenfold after engaging in foreign exchange investment compared to when I ran the factory, the "occupational disease" brought about by the foreign exchange investment trading business has indeed changed all my living habits.
In the field of foreign exchange investment and trading, losses are usually within the controllable scope of investors themselves, while profits are dominated by the market.
Even with in-depth thinking, it is often difficult to produce substantial results. Only by moderately controlling losses can one continue to exist in the market and wait for the opportunity for the market to give returns. To achieve the profit-making goal, one must first have the ability to bear losses. Only under the condition of light position operation can investors bear losses. When in a heavy position, no one can bear the consequences brought about by losses. In essence, losses are actually a test of patience and pressure when encountering setbacks in life. After experiencing significant losses, it is actually a severe test of facing a difficult major battle and tough battle. As long as one does not leave the foreign exchange investment and trading market, this experience will be transformed into extremely precious practical experience. Trading seems simple on the surface, but it is by no means easy in the actual operation process. Just like a truth, although it can be understood and known, it is often difficult to put it into actual action. However, the experience of significant losses is a factor that prompts investors to recognize through the market, and it is also a process that an investor's investment life prompts them to experience. Of course, the market is unpredictable. Once this key point is understood, all internal frictions can be eliminated, and this may also become the starting point for moving towards stable profits. Most foreign exchange investment traders who achieve stable profits adopt medium and long-term trading strategies. By slowing down the pace and learning to wait patiently, they basically complete the tempering process of foreign exchange investment and trading.
In the field of foreign exchange investment, there is a very significant difference between teaching courses and actually obtaining profits.
Many people who call themselves foreign exchange trading analysts may not participate in trading activities personally, or their trading records are not satisfactory. Those who are good at analyzing and summarizing the foreign exchange market often show hesitation at the decision-making and actual implementation levels. This is mainly because they need to process an extremely large amount of information, and thus are easily trapped in the dilemma of overanalysis. The process of deliberation often leads to bad decision-making results, and long-term thinking is very likely to increase the risk coefficient of making wrong choices.
Foreign exchange trading analysts are usually employed by foreign exchange trading platforms. The analysis articles on market dynamics they release seem to be professional analyses on the surface, but in fact they are a marketing promotion strategy aimed at attracting more traders to participate. Their income mainly depends on the frequent trading activities of traders. In addition, the role of foreign exchange trading analysts is more inclined to be motivators, creating a positive trading atmosphere through professional encouragement and support measures. The functional positioning of foreign exchange trading analysts is similar to that of military advisers. If advisers are asked to step onto the battlefield in person, the result is often unsatisfactory.
The foreign exchange trading industry is obviously different from other industries. It does not only rely on hard work and diligence. In this specific field, talent and personality traits are the key elements for success, while hard work and perseverance only play an auxiliary role. If there is a lack of appropriate talent and personality traits, then no matter how much effort is put in, it is very likely to be in vain.
Foreign exchange investment trading has a clear logical structure. Behind it lies a profound fundamental logic, among which interest rates usually play a key guiding role.
Different from simply mechanically applying the pattern of going long above the moving average and shorting below it, foreign exchange investment trading requires comprehensive consideration of multiple factors. The same foreign exchange investment trading system will show different effects in the hands of different foreign exchange investment traders, because each trader has differences in their understanding of the system and investment trading. Some traders may only stay at the surface operation level, while others can deeply explore the principles and logic behind the system.
However, highly cognizant foreign exchange investors usually do not rely on other people's systems. With rich experience, profound knowledge reserves and keen market insight, they are fully capable of creating many effective systems on their own. Because they clearly realize that no foreign exchange investment trading system can absolutely guarantee profitability. The market is unpredictable and various factors are intertwined. A single system is difficult to succeed in all cases. Only those foreign exchange investment traders who continuously improve their own cognition, are good at summarizing experience and flexibly respond to market changes have the possibility to continuously profit in the complex foreign exchange trading market.
Foreign exchange investment trading is a journey full of challenges and opportunities. Traders should not blindly rely on specific systems, but should strive to improve their own cognitive level and trading ability to adapt to the constantly changing market environment and become people who can truly achieve profitability in foreign exchange investment trading.
In the foreign exchange market, short-term traders must maintain a calm state of mind before a trend is formed and patiently wait for an appropriate trading opportunity.
This not only poses a strict test to the tenacious quality of traders but also conducts an in-depth trial of their degree of patience. Once entering the market according to trading signals, even if encountering a stop-loss situation, when a new signal appears, they should resolutely re-enter to avoid missing a good opportunity. When the market starts in the expected direction and traders begin to make profits, they should stay calm and wait for a clear and definite closing signal. If there is no clear exit signal, then they should continue to hold and wait patiently.
For many traders, this process is full of challenges. However, if a long-term investment strategy can be implemented, then short-term trading can be an effective means of entering the market. Generally speaking, long-term investment is more ideal because those who are eager to exit in the face of small profits are just like lingering in front of a treasure trove and only taking an extremely small part, missing the real treasure. Traders who achieve great success in the foreign exchange market are often those who can persevere and grasp major profit-making opportunities. The process of holding profits may bring psychological pain and may even cause physical discomfort, such as insomnia and difficulty in resisting temptation. Therefore, traders should rely on a stable trading system instead of making decisions based on emotions. Emotional trading usually leads to losses.
Most people engaged in foreign exchange trading may face the risk of capital damage. If an account lacks a complete set of trading rules, then it will become a captive of emotions. In this case, it is not the trader who controls the trading, but emotions that dominate the trader; it is not the trader who is making foreign exchange investments, but the foreign exchange market that controls the trader.
If traders have the ability to make long-term investments, then short-term trading can be an effective strategy for building long-term positions. In this case, short-term trading may not need to set stop-losses, because frequent stop-losses may interfere with the construction of a long-term investment strategy.
When venturing into the foreign exchange market, investors should focus their energy on learning trading techniques and strategies that can directly enhance profitability.
The key lies in accurately identifying and concentrating on truly valuable information, because such information can bring economic returns. Excessive irrelevant knowledge may consume our precious time resources, and time itself is a limited resource.
In the field of foreign exchange trading, only those who can achieve financial success will be recognized as experts. Before they achieve success, they are very likely to be labeled with various negative labels. However, once they successfully prove their abilities, they usually choose to keep a low profile to avoid unnecessary attention.
In China, foreign exchange trading is regulated and currently lacks a mature trading environment. However, as long as investors can maintain a prudent attitude and not disclose their financial achievements, they can accumulate wealth without being noticed by others. Even if the bank's customer manager may not know the specific details of your account, as long as you do not take the initiative to share, your financial situation can remain private.
In the field of investment, the key element to achieve success lies in an individual's in-depth understanding and internalization of predecessors' experience. Through screening, induction, and innovation, a unique investment strategy that conforms to one's own characteristics and conditions is constructed.
This strategy covers various factors such as personality and capital scale. Many investors at the initial stage of trading often strive to explore little-known mysteries. However, usually after years of exploration, they will realize that the truths they have comprehended through arduous efforts have actually been summarized and induced by predecessors long ago. It's just that due to limited cognitive levels at that time, they failed to understand its connotations.
Ultimately, it is recognized that the essence of foreign exchange trading lies in focusing on one's familiar fields and only trading familiar market conditions and currency pairs. The two-way trading characteristic of the foreign exchange market provides investors with opportunities to bottom-fish and catch tops. From the perspective of long-term investment, preparing to hold positions for several years can better exert the advantages of value investing. Avoid shorting at low levels and going long at high levels, so as to naturally avoid many traps and position oneself in the ranks of long-term value investors.
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Office is 2 stops away from CHINA IMPORT AND EXPORT FAIR
Office is 3km away from CHINA IMPORT AND EXPORT FAIR
13711580480@139.com
+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
China · Guangzhou
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