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Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management

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In two-way forex trading, long-term investors don't need to constantly monitor market trends. They only need to occasionally check market activity during their free time. This strategy helps maintain calm and rational thinking, preventing impulsive decisions caused by short-term market fluctuations.

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In contrast, short-term traders typically need to closely monitor market activity daily to seize short-term trading opportunities. However, for long-term investors, constantly monitoring the market can lead to frequent trading, making it difficult to effectively control their emotions. This emotional trading behavior can easily derail long-term investment plans. Therefore, long-term investors should avoid excessive focus on short-term fluctuations and instead focus on long-term investment strategies.
The best way for long-term investors to establish, increase, and accumulate positions is to place pending orders at support or resistance levels. This method effectively prevents missing out on trading opportunities due to market fluctuations. By placing pending orders at key technical levels, investors can automatically execute trades when prices reach their desired levels, reducing emotional interference and ensuring objective and consistent trading decisions.
Long-term investors must understand that price fluctuations are not affected by whether or not they are glued to their screens. Market trends are driven by a variety of factors, including macroeconomic factors, geopolitical events, and market sentiment, rather than by individual will. Therefore, long-term investors should focus on long-term investment logic and strategies rather than short-term market fluctuations.
This long-term investment strategy not only helps reduce transaction costs and emotional interference but also allows investors to maintain a more rational and objective mindset in the market. By focusing on long-term investment goals, long-term investors can better navigate market uncertainties and achieve more stable returns.

In forex trading, confirmation bias is a common cognitive error that many traders fall into. A typical manifestation of this error is that after entering a position, traders deliberately select favorable information that aligns with their position, while ignoring or even dismissing unfavorable signals that contradict their position. This is essentially a form of self-deception and self-persuasion.

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This cognitive bias is not accidental; it stems from the subconscious human need to avoid cognitive dissonance. After investing capital and establishing a position, traders instinctively seek external information to confirm the correctness of their decision, alleviating the potential anxiety of a "wrong decision." This ultimately traps them in a cycle of "information screening → self-confirmation → cognitive rigidity."
From a behavioral finance perspective, this bias can severely distort traders' market judgment. First, it narrows their information access, preventing them from fully understanding shifts in market sentiment. For example, they may overlook key signals like marginal adjustments in macroeconomic data and potential shifts in central bank policy. Second, it reinforces the subjective belief that "holding a position always ensures correctness," leading traders to cling to their positions even when market trends show signs of reversal, missing the optimal opportunity to stop losses or adjust their strategies, ultimately converting potential risks into actual losses.
When a trader establishes a long position during an upward trend in forex prices, confirmation bias manifests itself as an overreliance on and active search for "positive information." Specifically, traders will actively focus on and amplify positive factors related to the currency pair they hold—such as better-than-expected economic data from the issuing country (GDP growth, rebounding PMIs), central bank interest rate hike signals, or a reduction in risk aversion due to easing geopolitical risks. They may even interpret neutral information as "positive," confirming their belief that their long position was correct.
Even when market signals contradict their position (such as a larger-than-expected price correction or the release of negative data), these traders choose to ignore or rationalize the situation (e.g., viewing the correction as a "normal correction in the trend" or attributing the negative data to "short-term fluctuating factors"). They refuse to acknowledge the potential bias in their judgment and fall into a "self-righteous cognitive loop." In this state, traders' risk sensitivity decreases significantly, failing to set reasonable take-profit levels in a timely manner or adjust their stop-loss strategies based on market fluctuations. Ultimately, they may face significant losses when the trend reverses.
Similar to their performance during an upward trend, when a trader establishes a short position during a downward forex price trend, their confirmation bias shifts to an excessive focus on "negative information." At this point, traders will actively seek out negative signals related to their currency pairs—such as rising recession risks in the issuing country (rising unemployment, runaway inflation), the initiation of a central bank interest rate cut cycle, or heightened risk aversion triggered by escalating geopolitical conflicts. They may even exaggerate even slightly negative information to reinforce their subjective belief that their short-selling decisions are correct.
Similarly, when positive market signals contradict their short positions (such as a price rebound above a key resistance level or the introduction of favorable policies), these traders will subconsciously dismiss their significance, attributing them to non-trend factors like "short-term rebounds" or "limited policy effects," unwilling to acknowledge the potential bias in their judgment of a downtrend. This mindset can lead traders to become overly bearish on the market, failing to profit from short positions or adjust their positions based on the strength of rebounds. Ultimately, they may be forced to stop losses when prices rebound, or incur unnecessary risk by holding positions for too long.
For forex investors whose core goal is to "capture the long-term trend," the key to overcoming confirmation bias and avoiding short-term information interference lies in establishing an investment logic that prioritizes trends over short-term news. Specifically, two core principles must be adhered to: First, prioritize trend analysis over short-term information. When investors confirm that the market is in a clear long-term trend (upward or downward) through macroeconomic fundamental analysis (such as the long-term supply and demand relationship of a currency pair and economic cycle differences) and technical validation (such as a price breakout above a long-term trendline or a bullish/bearish formation within a moving average system), they should firmly establish and hold a position in the direction of the trend. At this point, short-term market news (such as daily economic data or short-term policy rumors) is more of "noise within the trend" and will not alter the underlying logic of the long-term trend. For example, in a clear upward trend, occasional negative data releases may cause a short-term price correction, but will not reverse the long-term upward trend supported by economic fundamentals. Conversely, in a clear downward trend, a rebound triggered by short-term positive news will hardly reverse the long-term downward pressure brought on by an economic recession.
Second, accept short-term fluctuations and ignore non-trend information interference. During trend-based trading, short-term price fluctuations (including floating losses) are normal. Investors should view this process rationally and avoid frequent news updates due to short-term fluctuations. On the one hand, frequent focus on short-term information can exacerbate emotional fluctuations, potentially leading to irrational buying and selling, undermining long-term trading plans. On the other hand, most short-term information lacks the power to alter trends, and overinterpreting it can distort objective market judgment.
In short, the essence of forex trend investing is to profit from trends, not from short-term news. As long as investors are confident that their long-term trend is correct (e.g., macroeconomic logic remains unchanged and technical trends remain intact), they should firmly hold their positions, neither blindly increasing their positions due to short-term positive or negative news nor easily closing them due to short-term floating losses. Only by minimizing short-term information interference and adhering to the long-term trend can one avoid the trap of confirmation bias and achieve long-term, stable investment returns.

In forex trading, many traders, even after a decade of experience, still haven't escaped the novice stage.

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This phenomenon is not uncommon in the forex market. Many traders, after three, five, or even more than ten years of trading experience, still haven't reached a professional level.
This isn't because these traders lack the desire to learn, nor is it because they haven't invested sufficient time, energy, and financial resources in learning about investment and trading. In fact, most traders work very hard, dedicating considerable time and resources to accumulating knowledge and experience. The problem, however, lies in their failure to effectively organize and optimize their learning.
Specifically, many traders accumulate a wealth of knowledge, common sense, experience, technical skills, and psychological training during their learning process. However, they fail to systematically summarize, organize, filter, and screen this knowledge. They fail to streamline their trading strategies, eliminating the dross and retaining the essentials, eliminating the dross and retaining the essence. Consequently, they fail to develop a concise and effective investment and trading system, strategy, and method.
The fundamental reason for this phenomenon is that forex trading requires not only the accumulation of knowledge and experience, but also the in-depth refinement and optimization of this accumulated knowledge. Only through this refinement and optimization can traders extract the truly valuable core insights from complex information and develop a trading system that suits them.
Therefore, in their learning and practice, forex traders should not only focus on accumulating knowledge but also on organizing and optimizing this knowledge. They need to regularly evaluate and adjust their trading strategies and methods, eliminating ineffective or inefficient aspects while retaining and strengthening those that truly work. Through this continuous optimization process, traders can gradually improve their trading skills and ultimately move from novice to professional level.

In the field of forex trading, the seemingly basic skill of "patiently waiting" actually constitutes a core screening threshold for traders—this ability alone is enough to eliminate 99% of market participants.

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The primary problem for most traders is that they rush into the market without waiting for prices to reach key support or resistance levels. This "premature intervention" frequently triggers stop-loss orders during periods of market volatility, forcing them to exit the market. However, by the time prices actually reach the pre-determined key range, the losses incurred by their previous stop-loss orders have eroded their trading confidence, making them hesitant to enter the market according to their original strategy, ultimately missing out on logically appropriate trading opportunities.
Even for those few traders who manage to "enter the market only when prices are right," they still face new challenges in maintaining their positions. Faced with unrealized losses, they struggle to resist the fear of further losses and are prone to premature stop-loss orders due to emotional interference. Faced with unrealized gains, they are unable to control their greed for profit and often close their positions prematurely before the trend has fully developed, significantly compressing their profit margins and preventing them from capitalizing on the underlying gains.
More importantly, even if some traders can overcome short-term fear and greed and maintain rationality in their positions, they still face the test of long-term market consolidation. Years of repeated price fluctuations and persistent uncertainty about the trend direction will wear down their patience. During this prolonged psychological torment, their once-firm long-term trading logic gradually weakens, and they may ultimately choose to close their positions prematurely, abandoning their commitment to the long-term trend.
After these multiple rounds of screening, only 1% of the market share remains long-term traders who are able to "patiently wait for entry opportunities, rationally respond to position fluctuations, and endure the test of long-term consolidation." This group also happens to be the core wealth accumulators in the forex market.

In the forex two-way trading system, if a novice can achieve "simplification," it means their theoretical learning has entered the final stage.

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The core characteristic of this stage is that the novice begins to systematically sort out and filter the diverse knowledge system accumulated earlier—covering core content such as basic forex market theory, trading common sense, practical experience, application of technical analysis tools, and trading psychology training.
At this point, the novice will initiate a deep process of summarizing, generalizing, and filtering. By "eliminating the false and retaining the true, and sifting the coarse and retaining the fine," they eliminate invalid information and poorly adapted strategies, gradually moving towards building a simple and efficient personal trading system, strategy framework, and operational methods. (The original text "failed to form" was a logical contradiction and has been revised to indicate a positive path for advancement.)
This stage marks a crucial turning point for forex traders, transitioning from beginners to experienced and advanced traders. Its importance is like "accumulating strength before hatching" and "accumulating experience before birth." However, the reality is that the vast majority of forex traders exit the market prematurely before completing this crucial transformation due to insufficient knowledge, a lack of a established system, or an imbalanced mindset.

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13711580480@139.com

+86 137 1158 0480

+86 137 1158 0480

+86 137 1158 0480

z.x.n@139.com

Mr. Z-X-N

China · Guangzhou

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