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, the process is not always full of difficulties and obstacles. In fact, it can also be a relaxed and free experience.
However, if one feels difficult during the trading process, it is very likely due to improper methods. For example, continuously staring at the market day and night, being reluctant to arrange rest time, having no distinction between Saturdays and Sundays, and even not daring to go to the toilet during daytime trading. In short, if one finds investment and trading rather hard, it is mainly because there is a lack of confidence in the heart and it is full of fear and uneasiness. In short, it is still because the strategy, method and operation technique are not mature enough, which always gives people an unsteady feeling. Only when one is busy can one gain a sense of security.
In fact, in terms of the most obvious comparison of job categories, can investment and trading be more arduous than construction workers on construction sites who are exposed to the scorching sun, blown by strong winds and drenched by heavy rain? Investment traders are in the trading room. Relatively speaking, compared with those who make a living by selling physical strength, they don't know how many times easier it is. This is the actual situation. Claiming to be hard is indeed somewhat melodramatic to a certain extent.
Of course, short-term daytime trading often makes people highly nervous and the heart bears huge pressure. It is indeed a painful thing. As long as people who have trading experience can understand this. Then, it is better to only engage in long-term investment. However, this requires having sufficient abundant funds. Small funds for long-term investment may not even be able to support oneself, let alone support one's family. Some people think that short-term trading is more profitable than long-term trading. In fact, this is a common misunderstanding. In fact, the returns of short-term trading usually cannot be compared with those of band trading, and the returns of band trading are difficult to be compared with those of long-term trading. Many people think that long-term trading is not profitable. This may be because their skill level is limited and they choose currency pairs with low volatility, resulting in long-term holding without obvious appreciation or being trapped. In addition, have we forgotten the original intention of choosing foreign exchange investment and trading at the beginning? Isn't it to pursue freedom and avoid getting too involved with others that we participate in it?
Now, if you spend a lot of time in trading, even harder than ordinary physical workers, and need to spend more than ten hours a day observing the market, reviewing and summarizing, which leads to health problems, then you need to re-examine your life of foreign exchange investment and trading.
The primary goal for foreign exchange investment traders entering the foreign exchange market is to achieve profitability.
The realization of profit depends on strategies, but strategies are changeable and may become ineffective. However, the basic principles and concepts of foreign exchange investment and trading are persistent. Therefore, accurately mastering and deeply understanding the concepts of foreign exchange investment and trading is of crucial importance. Many people overcomplicate foreign exchange investment and trading and even make it mysterious, which is actually taking the wrong path.
Value investment in foreign exchange investment and trading is manifested as long-term carry trade, that is, looking for a currency pair composed of a low-interest-rate currency and a high-interest-rate currency. If the direction of positive interest rate spread coincides with the opportunity to bottom fish or top pick, then such a strategy will be more perfect. This is an excellent opportunity that appears after analysis, filtering and comparison.
Trend investment in foreign exchange investment and trading refers to a pair of currencies showing an extremely strong trend within a certain period of time. The reasons are either news speculation or major events occurring in the country, thus providing foreign exchange investment traders with a once-in-a-century volatile investment opportunity.
In addition, there are some non-mainstream foreign exchange investment and trading methods, such as intraday trading or short-term trading. Due to the high complexity and risk of these methods, they are usually not suitable for non-professional investors to participate.
Foreign exchange investment trading seems complex on the surface, but its core lies in buying and selling decisions.
The buying and selling process of foreign exchange investment trading is relatively simple, but it requires a solid professional foundation. There is an industry adage: "Those who buy accurately are only at the apprentice level, while those who sell well are at the master level." In fact, if one can grasp the appropriate buying timing, one has already succeeded by half in the investment process. Choosing a good buying point allows for setting a smaller stop-loss range. When it comes to selling operations, the main consideration is the amount of surplus.
Regarding the random entry strategy in foreign exchange investment trading, although random entry may obtain certain profits in some cases, this strategy is not recommended from a professional perspective. The breakout entry strategy in foreign exchange investment trading is highly praised in many foreign exchange investment trading books. However, if one hopes to achieve profits in the foreign exchange investment trading market, it is recommended to abandon this method. Breakout entry has many disadvantages, such as a large stop-loss range, low success rate, and poor entry point. It does not possess the advantageous characteristics that an ideal entry point should have.
The indicator signal entry strategy in foreign exchange investment trading, taking the golden cross and death cross as an example, has been improved compared to the random entry and breakout entry strategies and has the potential to build a profitable system in actual trading. But the problem with this strategy is that the entry point is not accurate enough and there is even a certain degree of delay. This is because when the indicator sends a signal, the market usually has already experienced a certain market trend, which is more obvious especially when using the moving average crossover strategy.
The candlestick combination entry strategy in foreign exchange investment trading has the advantage of being able to determine the entry point more accurately. Usually, only two candlesticks are needed to confirm the trading signal, so it is easy to enter the trade at an extremely ideal position.
The key price preset order strategy in foreign exchange investment trading refers to placing an order before the market trend arrives and is about to restart by pre-determining the key price.
In the field of foreign exchange investment, there are obvious differences between foreign exchange investment trading analysts and ordinary foreign exchange investment traders.
For analysts, regardless of how long they communicate with investors, their salaries are usually in a relatively stable state and will not change due to the length of communication. However, the account balance of investors may show a continuous decreasing trend. Many foreign exchange investment trading analysts, especially those who give people an excellent impression in appearance, may actually not have sufficient professional ability in actual trading operations.
Within the category of foreign exchange investment traders, some people have congenital deficiencies in expression ability and even show a relatively sluggish state. Foreign exchange investment traders can be roughly divided into two categories: ordinary foreign exchange investment traders and successful foreign exchange investment traders. Ordinary traders often fall into a cyclic pattern of investing funds but suffering losses. Some people may never be able to find an effective way to make profits and eventually have to choose to give up helplessly. And those more stubborn traders may face the risk of financial collapse due to excessive use of leverage.
However, successful traders enjoy incomparable freedom. They can work at any place they like. Region and time are no longer limiting factors for their work. Because successful foreign exchange investment traders may only need to pay attention to the foreign exchange investment trading market once a month. In terms of money, it is even less of a problem for successful traders. The income of a successful foreign exchange investment trader in a day is likely to be equivalent to the salary of an ordinary person in a year. But when a successful foreign exchange investment trader reaches this height, it is advisable to reflect. In fact, their success is based on the failures of many people. Therefore, successful traders should generously share their knowledge and experience. There is no need to worry that others will learn their success secrets, because even if they are shared, they may not believe them or be unable to put them into practice and thus it is difficult for them to truly master them.
When delving deeply into wealth disparity, it can be clearly seen that individuals from different economic strata exhibit significant differences in many aspects such as resource acquisition, income sources, time management, investment methods, and mentalities.
First of all, the difference at the level of wealth accumulation is extremely prominent. People with substantial capital can usually achieve financial goals more smoothly, mainly because they can effectively utilize the compound interest effect of capital. In contrast, after ordinary income groups meet their daily expenses, the funds available for savings are relatively limited. Even individuals with assets of only tens of millions can maintain their lives by relying on the income from investments without depending on daily labor.
In the labor market, ordinary income earners mainly obtain wage remuneration by providing labor, while capitalists mainly rely on investments to obtain returns. As capital continues to grow, labor income may gradually become less crucial. For example, temporary workers may be more inclined to choose short-term payment methods. Although they can obtain income quickly, in the long run, this method may lack stability and easily lead individuals into a state of poverty. On the other hand, professionals and corporate executives who receive income on a monthly or annual basis have more stable incomes and may also invest in long-term projects. Once these projects succeed, the returns will be extremely considerable.
In the field of foreign exchange trading, experienced investors often tend to adopt long-term strategies. Although the trading frequency is not high, the potential return of each transaction is very huge. In contrast, many ordinary investors prefer short-term transactions, which reflects a mentality of pursuing immediate returns.
When making investments, book profits are obvious. Some investors may choose to close their positions immediately to realize profits, which reflects a mentality of short-term labor. Those who focus on long-term investments may have a mentality that is closer to that of professionals who receive monthly salaries. Therefore, there are fundamental differences in investment strategies between ordinary investors and wealthy investors. Wealthy investors may make an investment only once every few years, but the return on each investment may be very generous; while ordinary investors may engage in small-scale production and sales every day, and the profit obtained is relatively small.
This difference is also influenced by real conditions. Wealthy people can maintain their lives even if they have no income for several years, while ordinary income earners may face serious economic problems if they have no income for a few months. This is one of the reasons why investing idle funds is more likely to succeed.
Some people feel desperate because they owe hundreds of thousands or several hundred thousand yuan and even choose extreme ways to solve the problem. For wealthy people, this amount of money may just be a small expense for buying a luxury item. Therefore, for ordinary income earners, if they want to change the status quo, first of all, they need to convert labor income into capital income; secondly, they should learn to invest time and energy to create high-quality products instead of pursuing low-quality products in quantity and resist the temptation of short-term interests; finally, they should have a long-term perspective in mentality. Although this may be very difficult, they can try to put themselves in the perspective of a person who was once rich but is now bankrupt to think about problems.
In the field of foreign exchange investment trading, the trading mechanism is not a core element in some cases. When facing huge profit potential, technical means often have limited effectiveness.
If investors seize a major foreign exchange investment trading opportunity and even enter the market randomly and hold for a long time, there is a high probability of obtaining relatively considerable returns in the short term. In this case, technical analysis seems not necessary.
For foreign exchange currency pairs with low volatility, especially those with extremely low daily volatility, the value of technical analysis is also questioned. Therefore, if someone overemphasizes technical details and ignores the overall pattern of investment, then they may not truly understand the essential connotation of profitability. True foreign exchange investment traders focus on the logic and strategy of investment rather than cumbersome technical details.
In the process of foreign exchange investment trading, choosing a currency pair with a positive interest rate spread and a positive profit direction is a crucial first step. Only when the currency pair is accurately selected can the subsequent foreign exchange investment trading strategy have the feasibility of implementation.
In today's social environment, many people truly feel that the difficulty of making money is increasing day by day.
The vast majority of people rely on continuous work to obtain income. Once they stop working, their income will be interrupted. This situation forces people to keep working until retirement, and the prerequisite is to have a pension. However, in actual situations, many occupations cannot ensure that people can work until retirement age. For example, heavy manual laborers often retire early due to occupational diseases, and mental workers also face the risk of being laid off as they age.
The main difference between humans and animals lies in wisdom, and the differences between people are also reflected in wisdom. To change the difficult situation of making money, the key lies in changing the thinking mode and breaking the traditional concept of relying solely on labor to exchange for income. One way of transformation is to pursue "passive income", that is, being able to obtain income even when not working. Wealthy people usually don't find it difficult to make money because they own assets. Even the so-called "rich second generation" usually will not fall into financial difficulties because they own assets.
Wealthy people can obtain passive income through various channels, such as renting out real estate, purchasing wealth management products, running a company or making financial investments. But this does not mean that ordinary people have no chance. First of all, ordinary people should realize that they earn income by selling their labor force and avoid being influenced by consumerism. When they are young, they should actively save so as to accumulate enough funds before the age of 40 and thus realize obtaining passive income by relying on assets.
In this world, there are various ways to make money. We respect people who work hard, but at the same time we admire those who can make money easily.
Taking foreign exchange investment trading as a profession is undoubtedly an extremely attractive lifestyle choice. However, the necessary prerequisite is being able to continuously obtain profits from the market.
The hardships of manual laborers are obvious. Such hard work often can only meet basic living needs. The working environment of mental workers is relatively comfortable, and their income level is also relatively considerable. However, their career is usually limited by age factors, and the exhaustion of creativity and thinking is to some extent inevitable. Many enterprises clearly state that they do not recruit employees over 35 years old, and this is not without reason. Even if one is fortunate enough to be promoted to management, there are many affairs to handle every day, and the life pressure faced is not smaller than that of ordinary employees. Moreover, with the extension of retirement age, a further increase in working years is not entirely a good thing. The self-employed industry is relatively free, but the competitive group is strong. It is extremely difficult to support a team, and those who try alone may find it difficult to make a living. Therefore, rather than struggling alone, it is better to join a mature platform to obtain better resources. But after joining the workforce and becoming an employee, one will indeed be bound by discipline, and freedom is relatively limited. Even if the working environment is relatively relaxed, it is only relative. It is impossible to have no management at all.
It is undeniable that making a living by foreign exchange investment trading is indeed a very free and prosperous lifestyle possibility, although the chance of success is extremely low. If one can achieve a certain degree of success, then one will have wealth, freedom, and everything one desires. Even if one's monthly income is equivalent to an ordinary person's annual income, there is no need to work for others and look at others' faces. After all, the complexity of some work relationships is indeed maddening.
In the field of foreign exchange investment and trading, even if traders master the most sophisticated technical analysis methods and operation skills, they cannot guarantee that every transaction can achieve profitability.
The foreign exchange market fluctuates frequently and is difficult to predict. Even if all technical indicators show favorable trading opportunities at a certain moment, the actual market performance on the next day may still be very different from expectations, resulting in transactions unable to obtain expected profits. If the foreign exchange investment and trading market continues to decline, losses may quickly expand to 20% or even 30%, which will most likely make the profits of previous weeks disappear in an instant. This situation is particularly common when major fundamental news appears on weekends or overnight, and the probability of occurrence is not low.
The reason why people have the fantasy of perfect foreign exchange investment trading is mainly because they think that as long as they only obtain a small profit in each transaction and maintain a 100% success rate, they can achieve stable and continuous profitability. However, the actual situation is much harsher than imagined. In fact, even a winning rate of more than 70% is extremely rare in foreign exchange investment trading. Therefore, short-term foreign exchange investment traders must face up to and accept the reality of losses and adopt a strategy that combines small profits, small losses and occasional large profits. Only in this way can they ensure that the profit goal of foreign exchange investment trading is finally achieved.
In foreign exchange investment and trading, losses are an inevitable situation in the trading process and also something that successful short-term foreign exchange investment traders must learn to bear. Only by learning to endure the psychological pressure and actual impact brought about by losses and book floating losses in foreign exchange investment trading can one truly deeply understand the internal logic of having to face drawdowns and floating losses in order to obtain large returns from long-term investment.
In today's era, wealth is often regarded as one of the key indicators to measure personal achievements. To a certain extent, it can bring people a sense of pleasure and convenience.
From an essential perspective, the main difference between humans and animals lies in different levels of intelligence. The difference between the wealthy and the poor is often reflected in thinking patterns. For the poor, if they expect to achieve wealth growth, the top priority is to change their own way of thinking.
For the general public, they often lack assets that can be sold or rented to obtain income. The resources they possess are usually limited to time, physical strength, or skills. Individuals with professional skills can find corresponding jobs based on their own expertise. The higher the skill level, the higher the income level is usually. For ordinary people, the chance to earn one million in a year probably only exists in business activities or investment behaviors. Ordinary people need to make full use of their only available time resource to explore potential products, earn price differences by taking advantage of information asymmetry, and increase trading volume as much as possible. However, if an individual neither has the ability to discover such products nor the ability to develop a large number of users, then investment may become the last choice. Investment can be said to be the last opportunity. Among them, foreign exchange investment trading is a relatively niche field with relatively less competitive pressure. Develop a trading system with a positive expected value, ensure that the average winning rate exceeds 40%, and execute it mechanically to achieve rapid growth of returns through the compound interest effect. However, from another perspective, for ordinary people, developing such a system may be more difficult, which is indeed a bit frustrating. But for people who are familiar with computers or programming, this is not an insurmountable problem.
In addition, there is a simplest but riskier method, that is, take out the funds that you can afford to lose, short a foreign exchange currency pair that has risen sharply in the early stage (that is, catch the top), or go long a foreign exchange currency pair that has fallen sharply in the early stage (that is, bottom fishing). Do not use leverage or keep the leverage within no more than 2 times. For the moment ignoring luck factors, such operations have a high probability of achieving significant success.
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+86 137 1158 0480
+86 137 1158 0480
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Mr. Zhang
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