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, there are various professionals. Among them are strategy masters who are good at strategy formulation, wisdom masters who are proficient in planning, command masters who are good at leadership, and skill masters who are adept at handling details.
In the foreign exchange investment and trading market, these professionals can all achieve success to a certain extent and occupy corresponding market positions. However, from the perspective of historical development, truly renowned masters in the field of foreign exchange investment and trading are extremely rare, just like the feathers of a phoenix and the horns of a unicorn. This is because very few people can have a smooth journey without encountering any setbacks throughout their development.
In the real situation, there are indeed many masters in foreign exchange investment and trading on knowledge sharing platforms. Everyone has experienced glorious stages and obtained several times or even dozens of times of profits. But even so, there is no guarantee that they will not encounter failures or even face major setbacks. After all, from a historical perspective, the number of successful people is already limited, and this is even more so in reality.
On knowledge sharing platforms, if someone can show excellent capital curve performance within half a year to a year, they can be regarded as masters of foreign exchange investment and trading. However, even so, they may not be able to continuously achieve profits. Many people who are called masters of foreign exchange investment and trading, although their capital curves look quite beautiful, they may not have earned huge wealth or only obtained a small amount of income. In this case, we cannot easily identify them as true masters of foreign exchange investment and trading because when facing heavy position operations, they may not be able to maintain the same successful state.
Foreign exchange investment traders who can truly obtain huge profits may have imperfect capital curves and may even perform quite poorly in some periods. However, they can achieve financial freedom at key nodes, and this is often not something that can be judged only by a simple capital curve. Those who can stand at the top of the industry often experience many ups and downs, and their success is by no means a straight upward trajectory.
In fact, the distribution of profits and losses may be more extreme than the 80/20 law. In the foreign exchange investment and trading market, the proportion of accounts that maintain profits in the long term may be only 1%. Those who truly achieve profits do not rely on so-called master skills, but rather on system advantages such as exchange data and capital scale to achieve dimensionality reduction attacks.
For ordinary foreign exchange investment traders, pursuing becoming a master or searching for the holy grail of trading may be in vain. True masters may be relatively common in major trends, but in consolidation trends, their advantages may not be obvious. Therefore, foreign exchange investment traders should pay more attention to establishing a stable trading system rather than simply pursuing short-term high returns or blindly imitating so-called masters.
In the field of analysis of the foreign exchange investment market, it is not only those professionals who give long speeches that can provide valuable insights.
In fact, many extremely incisive analyses often come from investors who have a profound understanding of the market but do not frequently publish lengthy discussions. In foreign exchange investment, proficiency at the technical level is only the basic element of success, while talent, psychological quality, and luck usually play a decisive role at key nodes. The uncertain nature of the foreign exchange investment market determines that there is no absolute certainty. Those investors who can truly achieve continuous profitability generally will not spend a lot of time on public discussions but focus on their own foreign exchange investment trading activities.
However, the brief insights occasionally shared by some successful foreign exchange investors often contain the core essence of trading. These insights may only be understood by those who also have a profound understanding of the market. For beginners, these viewpoints may be difficult to understand unless they have sufficient market experience and suddenly realize the deep meaning of these viewpoints at a specific moment. Those who only talk about profits may not be real profit-makers. On the contrary, those who are willing to discuss losses and risk management have at least a basic understanding of the market.
The true value of those who teach foreign exchange investment skills in various ways is reflected in their insight into the market. They recognize the difficulty of obtaining profits directly from the market and thus turn to educating others to obtain benefits. And those who discuss the mentality and philosophy of foreign exchange investment are imparting deeper wisdom. That is, mentality and philosophy are the key elements for the success of foreign exchange investment trading. Without the correct mentality, even if one masters all foreign exchange investment trading skills, it is difficult to survive in the foreign exchange investment market for a long time. The correct mentality and philosophy can make simple trading tools extremely powerful.
In the field of foreign exchange investment, one should not blindly envy short-term trading masters. Although they may seem glorious in the short term, in the long run, it is often difficult for them to accumulate huge wealth.
In the process of foreign exchange investment trading, the holding time of investors plays an important role in their status and image among foreign exchange traders, which has certain similarities with job positions in ordinary industries. Ultra-short-term trading in foreign exchange investment can be analogized to hourly workers in ordinary industries. Short-term trading is similar to daily wage workers, swing trading is like monthly salaried employees, and long-term trading is like annual salary shareholders. Although there are differences in the analogy, it can basically illustrate the problem, that is, short-term or ultra-short-term trading is not worthy of praise and is in a stratum that is relatively difficult to succeed in the foreign exchange investment trading food chain. It is a relatively common consensus in the foreign exchange investment trading community that short-term trading is difficult to succeed.
So, who is advocating short-term or ultra-short-term trading? Undoubtedly, it is the platform providers. In the field of foreign exchange investment trading, counter-trading is an unspoken hidden rule and also a consensus that everyone knows but does not say. Short-term or ultra-short-term traders are most easily stopped out in foreign exchange investment trading. Their stop-loss will be converted into the profits of platform providers, and their margin calls will become the gains of platform providers. In addition, from the perspective of foreign exchange investment trading psychology, it is very difficult for people to avoid three major failures. In reality, people who can experience ups and downs three times belong to a very successful group, which shows that people are difficult to bear too many setbacks. Once being stopped out or frequently stopped out, people's wills are often greatly affected. After all, stop-loss to a certain extent does not conform to human nature and psychological principles.
In the field of foreign exchange investment trading, individual differences objectively exist. This involves considerations at the human nature level and is closely related to whether an individual is suitable for engaging in this industry.
Some people seem to be naturally suited to specific occupations, while others are not. Once foreign exchange investment traders deviate from the right track on the trading path, as time goes by, the difficulty of correcting them will continuously increase.
Foreign exchange investment traders should first establish clear and definite entry and exit rules, and there is no need to overly focus on whether there is profit or not. However, foreign exchange investment trading seems to always have difficulty getting rid of the influence of impulsiveness. Traders are keen to adopt the moving average pullback strategy but get into a predicament when they are not clear about how to define a pullback. After all, the daily fluctuation ranges are different, and it is difficult to make an exact judgment.
The common problems faced in foreign exchange investment trading need to be deeply discussed repeatedly. This is like teaching others to walk. Just taking a few simple steps, but if the other person is entangled in which foot to step first and how to walk beautifully, then one has to doubt their understanding ability. If this person is a beginner, perhaps there will not be so many unnecessary concerns. The main reasons for unsuccessful trading are not IQ factors, but human weaknesses, deviations in trading strategies, and attitudes towards trading.
One should not have unrealistic annual return expectations, such as doubling in a year. As long as it is not in line with common sense, it can basically be regarded as an immature performance. Of course, if beginners are given sufficient time and money, they will definitely have some insights. But the cruel truth in reality is that time and money are both scarce resources. This is also the reason why the vast majority of people enter the market and then leave: the pressure of three meals a day and supporting a family is in front of them, and there are not enough conditions to figure out everything. Only those foreign exchange investment traders with abundant family funds and a natural desire to make money may finally truly understand and have an epiphany about the truth of foreign exchange investment traders.
Foreign exchange investment traders form a unique and highly professional group in society.
Outstanding individuals in this group can achieve a state of freedom in terms of time, spirit, wealth and space. Foreign exchange investment traders usually show a series of common characteristics, including being good at summarizing experience, effectively filtering and summarizing data, and deeply reflecting on mistakes. They have a high degree of self-discipline, a diligent and hardworking spirit, and extremely strong endurance.
In order to achieve success in the foreign exchange investment trading market, many people are willing to invest a lot of energy and resources. They stick to the computer every day, conduct in-depth analysis of market data, seriously summarize experience and lessons, and carefully reflect on the gains and losses of strategies, hoping to find a path to success. Many foreign exchange investment traders are even willing to bet their youth, future and hard-earned capital just to gain in-depth insight into the operating rules of the foreign exchange investment trading market.
In the course of pursuing success in foreign exchange investment trading, many people were once on the verge of giving up. However, because they were unwilling to let years of efforts go to waste, they resolutely chose to persevere. This perseverance not only stems from a strong desire for success, but also from an unremitting pursuit of realizing self-worth. They firmly believe that through persistent efforts and continuous learning, they will finally be able to accurately grasp the pulse of the market and achieve freedom at the financial and spiritual levels.
In the foreign exchange investment trading market, only those individuals who consider themselves to have outstanding wisdom will have the courage to get involved. They hold a strong confidence in being able to control human nature and expect to obtain generous returns.
However, although there are many people who consider themselves wise in the foreign exchange investment trading market, only a handful can actually achieve profitability. The vast majority of people ultimately fail due to their inability to overcome the weaknesses of human nature.
Top-notch foreign exchange investment traders have the ability to insight into human nature and can obtain excess returns on the premise of effectively controlling risks; sub-level foreign exchange investment traders bear risks by means of technology. Although they can also obtain excess returns, they will occasionally face significant losses; while those foreign exchange investment traders who lack both technology and are driven by human nature are often in a state of loss.
Those who seem dull but have perseverance and toughness shape the typical image of foreign exchange investment traders. They get up early every day and strive hard for extremely small return rates. Their work intensity even exceeds that of construction workers. Industries with low barriers to entry often attract those foreign exchange investment traders who are relatively less astute. The threshold for the foreign exchange investment trading industry is relatively low, and the probability of success is much lower than that of most industries. Measured from the perspective of profitability, choosing foreign exchange investment trading as a career is not a wise choice, but this does not mean that people who make a living by trading have low IQs.
It usually takes twenty years to reach the middle-class level in first-tier cities relying on wage income, and mastering foreign exchange investment trading may be able to shorten this time by fifteen years. However, the process of learning foreign exchange investment trading may also take more than fifteen years. In the long run, the two seem to be not much different, but successful people can rest easy for the rest of their lives.
It is a normal phenomenon for novice foreign exchange investment traders to show naivety and stupidity in the initial stage. In fact, to a certain extent, dullness is an advantage. It can enable foreign exchange investment traders to persevere. Of course, this is only a perception that will arise when looking back after success.
Highly sensitive and highly intelligent people may leave the foreign exchange investment trading market early. They neither need to bear the pain of enlightenment nor suffer the hardships of practicing foreign exchange investment trading. Enjoying an ordinary life is also a kind of happiness. Different lives have different choices, and there is no right or wrong.
In the field of foreign exchange investment trading, responsive thinking is manifested as a way of thinking that directly responds to the current situation.
In terms of foreign exchange short-term trading or trend tracking and other strategies, trend tracking strictly belongs to the band, that is, the short-term mode. The widely circulated saying of "not predicting but only following" is actually a manifestation of the trading logic that guides the entire investment process with responsive thinking.
Predictive thinking in foreign exchange investment trading focuses on hypothesizing about possible future situations and planning actions accordingly. The trading logic followed by investment strategies such as long-term position trading in foreign exchange, carry trade, or bottom-fishing and top-catching is like this. Its core view is that the general direction is predictable, and risks are also controllable and predictable.
In real situations, as experience gradually accumulates, people usually change from predictive thinking to responsive thinking. In this process, through continuous practice and experiencing various actual conditions, people learn to respond flexibly according to the actual situation instead of being bound by worries about the future. This change often occurs concomitantly with the improvement of skills and the enhancement of self-confidence. As skills continuously improve, people can operate and apply more proficiently and handle various situations more effortlessly. At the same time, the enhancement of self-confidence enables them to make decisions more calmly when facing emergencies.
However, in foreign exchange investment trading, the situation shows an opposite trend. As experience accumulates, people often change from responsive thinking to predictive thinking. Specifically, it is manifested as a shift from short-term trading to long-term investment. This is because people find that although there are many frequent short-term trades, the result is often frequent stop-losses. Continuous trading is difficult to achieve success, and self-confidence is also severely hit. Eventually, people find that long-term investment is easier to succeed, and they can maintain a calm state and it is not so tiring.
In the field of foreign exchange investment and trading, not every participant has the ability to master profit-making skills proficiently.
Mistakes can often reflect the real level of foreign exchange traders more accurately, which has some similarities with the law of the jungle. The result of losses is to a large extent a manifestation of the actual ability of foreign exchange traders.
Occasional profits and short-term performance improvements are largely just accidental gains. Once good luck fades, foreign exchange traders will inevitably slide from the high point. When luck is in a good state, market volatility will increase, and the trading rhythm perfectly matches the market trend, and then gains are obtained. This easily creates an illusion that making profits is extremely easy. However, when good luck fades and the market no longer cooperates, people will realize that the previous confidence and sense of control are just an illusion.
Many people have experienced periods of easy money-making in the initial stage of foreign exchange investment and trading. The feeling of controlling the market is unforgettable. Even in difficult and hardship circumstances, this experience will also leave people with beautiful memories of trading. But foreign exchange investment and trading ultimately reflects an individual's ability and cognitive level. Those who lack risk management will be defeated by risks, and those who are too greedy will be destroyed by greed. In the foreign exchange investment and trading system, the weakest link is usually the target of final attack. In the process of pursuing self-improvement, every foreign exchange trader will inevitably experience some twists and turns, and the only thing we can control is the price paid after making mistakes.
For every foreign exchange trader, transforming from a novice to an experienced trader and then advancing to a master is a step-by-step process. This is similar to the life course of our lives, from childhood, adolescence, youth, middle age to old age, from ignorance to understanding, and then to being sophisticated in human relationships.
In the field of foreign exchange investment and trading, foreign exchange investors and traders are bound to deeply understand that trading is full of challenges and uncertainties.
At the initial stage, foreign exchange investors and traders usually think that they can accurately predict the market and thus achieve wealth accumulation. However, after years of practice and exploration and after experiencing setbacks and self-doubt, they deeply realize the complexity and unfathomable nature of the foreign exchange investment market. Initially, foreign exchange investors and traders try to finely divide market trends, but later find that no theory can completely and accurately predict future market directions. Trading is more like a technical activity based on accumulated experience. Then, foreign exchange investors and traders actively look for favorable opportunities to obtain returns. However, due to the volatility of the market, they gradually realize that uncertainty is the norm of the market. After once falling into despair, foreign exchange investors and traders understand that the key to foreign exchange investment and trading lies in accurately grasping the major trends and long-term trends, and they must have enough patience to wait. However, the weaknesses of human nature may still cause them to deviate from the right direction. Eventually, foreign exchange investors and traders understand that only long-term investment is likely to be successful. Short-term trading is often difficult to succeed, and short-term traders usually leave the investment and trading field earlier. Only by calmly accepting the uncertainties of the market and focusing on achieving stable profits can one make a living from investment rather than simply from trading.
In the field of combat, the improvement of combat skills can only be achieved through persistent practice. Generally speaking, martial arts masters must far exceed martial arts beginners in training volume.
Similarly, in the field of foreign exchange investment and trading, cultivating the thinking of excellent foreign exchange investment traders also requires long-term honing and tempering. In this world, no one can achieve success without any effort, and no one can reach the peak of success without experiencing challenges and difficulties. Those foreign exchange investment traders who truly grow through challenges all go through countless hardships and despairs before finally achieving self-transformation.
From being only half-understood about the foreign exchange investment and trading market to starting to use various technical analysis tools and seeking expert guidance, this process goes through stages from blind worship to suspicion and then to a gradual improvement in self-awareness. Each stage requires a long period of exploration and practice.
Foreign exchange investment and trading technical analysis shows a trend of changing from complexity to simplicity. At first, people often envy those foreign exchange investment traders who fill the charts with lines and think that they seem to have mastered the mysteries of the market. However, with in-depth exploration of technical analysis, it will be found that the market is like an untamable beast. Trying to understand its essence through drawing lines is almost an impossible task.
At the same time, people will also deeply realize that predicting the foreign exchange investment and trading market is not a wise move. Then, what is the significance of technical analysis? If no analysis is conducted, how can trading decisions be made? This contradiction will inevitably cause foreign exchange investment traders to be in a dilemma. Eventually, foreign exchange investment traders will realize that the unpredictability of the market is its inherent attribute, and foreign exchange investment and trading technical analysis is actually an analysis of oneself. Its purpose is to better control trading behavior. Thus, foreign exchange investment traders will take a new step and start to build their own trading system.
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+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
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