---

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

---

In the foreign exchange investment and trading market, the consolidation period generally means that the entry timing is not yet ripe. However, how to accurately identify the breakout points of the market is a crucial issue.

---

Unfortunately, there is currently no technology that can predict the moment of market breakout with 100% accuracy. If such a technology existed, those who mastered it could successfully capture significant market movements with a full position. But in reality, unrealistic fantasies about breakout points may cause foreign exchange investors to quickly deplete their capital due to heavy trading positions.
From the perspective of the resonance theory, many foreign exchange investors believe that when the trends in different time frames align, the market is expected to experience a breakout. However, consolidations often originate from resonances. They start from small levels and are gradually disrupted until the market gets into a chaotic state. In such an environment, if foreign exchange investors choose to participate with heavy positions, they are no different from fish on the chopping block, becoming lambs waiting to be slaughtered. Pursuing absolute accuracy is unrealistic. Once this pursuit is abandoned and replaced with a layout mindset to seize opportunities with acceptable risks, a fundamental transformation will occur in the foreign exchange investment and trading strategies.
Taking the boxing match theory as an example, boxers only go all out when they reach the match point. Before that, they mainly observe and test the waters, dealing with the situation by constantly throwing jabs and dodging. Then, why do foreign exchange investors choose to hold heavy positions? What signals can make foreign exchange investors certain that victory is in sight? Actually, victory usually depends on the mistakes made by opponents. Before opponents show any flaws, foreign exchange investors should stay on the sidelines and preserve their strength.
For trend-following foreign exchange investors, the problem they face is how to judge and avoid the consolidation period. To be precise, it involves two aspects: one is to identify the consolidation period, and the other is to avoid it. However, foreign exchange investors can neither accurately judge nor completely avoid it. Profits and losses come from the same source. Only by enduring consecutive losses can one expect to achieve the desired profits. The trend of the foreign exchange market is uncertain. Before a pattern is formed, foreign exchange investors cannot predict whether it will be a consolidation or a trend in the end. The only way is that after entering the market, if one is a trend-following investor, one should stop-loss and exit when there is a consolidation. This is a necessary loss. Once the trend is established, one should continue to hold the position.
After a long period of thinking, practice, and backtesting, foreign exchange investors finally realize that searching for the so-called holy grail is actually looking for the rationality of losses. If there is a holy grail in trading, it is the acceptance of losses. Foreign exchange investors need to study how to improve the profit-loss ratio in trends to reduce losses and increase profits.
The advantage of individual foreign exchange investors lies in the high flexibility of their funds. There are no excessive restrictions and frameworks. They will not be forced to increase positions due to hesitation like foreign exchange investment fund managers, nor will they be forced to liquidate positions due to continuous fund redemptions. Individual foreign exchange investors can completely follow their own investment concepts to increase or decrease positions to obtain the maximum benefits. Therefore, for individual foreign exchange investors, as long as their investment concepts are correct and they can identify and invest in the most excellent currency pairs, they can obtain a broader profit space than foreign exchange investment funds.

In the field of foreign exchange market investment, the core focus of trading lies in two crucial steps: opening positions and closing positions, which together form the core elements of position management.

---

Clearly determining when to open a position, when to close it, and how to scientifically adjust the position to ensure investment safety during significant pullbacks occupies an extremely important position in position management techniques.
Many individual foreign exchange investors commonly exhibit a wrong behavior: they often find it difficult to continuously hold onto profitable trend-following trades but stubbornly cling to losing counter-trend trades. Regarding trend-following trades, many investors tend to close their positions immediately after obtaining a small profit. This strategy usually stems from the unrealistic expectation of being able to sell at the highest point every time and then buy back when the price drops. In fact, this strategy is similar to gambling because, more often than not, once sold, the market is highly likely to continue rising, causing investors to miss out on further profits. Many novice foreign exchange traders expect to quickly accumulate wealth through intraday trading; however, the results are often far from satisfactory, and they thereby miss out on the major trend for wealth growth. The wrong take-profit strategy causes them to miss the major trend, and they are reluctant to cut losses in counter-trend trading, even increasing their positions when losing. This way of operating leads to them making only meager profits in correct trades while suffering significant losses in wrong trades. In the long run, losses become an inevitable outcome.
The correct approach should be to first adjust one's mindset and then construct a scientific and reasonable foreign exchange trading system. A scientific trading system should center around the stop-loss point. When the price rises, the stop-loss point should be set at the support level, and when it falls, at the resistance level. Once the price breaks through these key levels, the stop-loss operation must be executed decisively. The setting of the position should be determined based on the distance to the stop-loss point. For example, for a strong currency pair, if its support level is relatively low or its resistance level is relatively high, then the investor's position should be lighter. Position management is a profound discipline and lies at the core of the trading system; however, this point is often overlooked by many books and so-called experts. Controlling the position is not only an effective way to manage one's mindset but also an important hedging strategy. For example, when an investor buys a currency pair, they should first determine the stop-loss point and then enter the market with a small position, even hoping for the price to fall because in this way they can increase their position near the support level. This mindset enables investors to remain optimistic regardless of whether the price rises or falls. It is a valuable hedging mindset worth investors' effort to construct.
However, books and training courses on the market often recommend determining the position first and then setting the stop-loss. The reason is that their stop-loss discipline is based on a fixed number of loss points. This approach often leads to closing positions when positions should actually be increased, thereby missing out on subsequent market movements. After solving the stop-loss problem, the next step is the take-profit problem. In fact, long-term foreign exchange investors rarely execute take-profit operations and usually stop paying excessive attention after reducing their positions. The purpose of all operations is to improve the fault tolerance rate of the held positions and reduce costs because long-term holding is the ultimate goal. Foreign exchange investors should not chase after short-term small profits but focus on capturing large market fluctuations. As long as they can hold onto these major trends, there is hope of achieving substantial profits. Although it may be possible to make no profit for several years, as long as one can catch a major trend once, financial freedom can be achieved. This is the common way for foreign exchange investors to achieve financial freedom in the foreign exchange market, all through long-term holding. As for those who claim to have achieved financial freedom through intraday trading, it can only be said that their understanding is limited and the probability of success is extremely low.
So, why are many foreign exchange investors unable to hold long-term positions? Firstly, their understanding of profit is skewed. Most people always focus on the fluctuations of the total assets in their accounts. Once there is a paper profit, they consider themselves to have already made a profit. With this mindset, it is difficult to achieve long-term holding. A successful and mature foreign exchange investment method is to disregard the value of total assets and redefine profit. If a currency pair rises and then the position is reduced, calculate what the total funds would be if the currency pair were to break below the support level in the future, resulting in a stop-loss. Then subtract the funds before the trading operation from this value. This difference is the real profit. In this way, even if the currency pair continues to rise after the position is reduced, one no longer pays attention to the fluctuations of the account assets but focuses on the entry opportunity for the next currency pair. Another way is to raise the stop-loss level, calculate the funds after breaking below the new stop-loss level, and take this as the profit. In this way, foreign exchange investors can achieve long-term holding with profits and finally catch the major trend.

In the field of foreign exchange investment, the psychological and mental pressures endured by traders usually take a relatively long time to be alleviated and recovered, while the physical fatigue of manual laborers can be eliminated through a short rest.

---

Many people who have achieved success in the trading field usually admonish their descendants to stay away from foreign exchange trading, because they themselves have deeply experienced the pain brought by mental torture and do not want their descendants to fall into the same predicament again.
To avoid suffering too much in foreign exchange trading, traders must have a thorough understanding of the relevant knowledge, common sense, experience and techniques of foreign exchange investment. They can choose to engage in self-study or participate in professional training courses.
For those who have encountered failures in foreign exchange investment, training may be a somewhat attractive career choice. However, this is not the case for successful traders. If successful foreign exchange traders have ever been involved in the training industry, they are likely to be disappointed with some behaviors of novice traders. Then, why do novice foreign exchange traders fail? The main reason is that they always adhere to wrong ways of thinking and behavior patterns, relying too much on past experiences to guide current operations. If a person does indeed possess the corresponding capabilities, then why is there still a need to participate in training? Although they are reminded not to over-invest, they still choose to operate with heavy positions; although they are advised to reduce the trading frequency, their trading times far exceed those of mature traders in a year; although they are advised not to focus solely on short-term cycles, they are still keen on short-term trading; although they are advised to stick to one foreign exchange investment strategy, they frequently change strategies. Eventually, they keep incurring losses, which can only be attributed to their failure to possess the elements required for success.
In fact, teaching others to trade is more difficult than trading by oneself. Unless one just wants to muddle through and earn some training fees, otherwise such behavior will not only mislead novice foreign exchange traders but also damage one's own reputation.

The training work of foreign exchange investment trading is highly professional and challenging. The key lies in whether the knowledge imparted by the trainers can be effectively absorbed and understood by the trainees.

---

A seemingly simple question may be understood in quite different ways by different trainees, and they may even go astray and encounter insurmountable obstacles as a result. Even when the trainers share their experience and wisdom with great enthusiasm, there are still some trainees with improper attitudes. When trainees are required to analyze market trends, their answers may be completely off the mark, or even misinterpret the trainers' viewpoints, just like paying attention to others' affairs before getting their own affairs in order, thus wasting the time of both parties in vain. Therefore, foreign exchange trading training requires trainees to maintain a correct learning attitude.
When the trainers assign homework, some trainees may deal with it perfunctorily or even not complete it at all. They lack concentration in learning and soon fantasize about being able to master knowledge easily. They may even use the learning materials for commercial purposes. Trainers often find it difficult to accurately discern their initial motives and actual trading levels. Sometimes, trainers do hope to explore their thinking deeply to understand their real thoughts. During the explanation process, trainers can sense the enthusiasm and excitement of the trainees, but in the actual operation stage, the trainees appear confused and bewildered. Trainers suggest that trainees practice more, observe more, and think more, but the trainees seem reluctant to adopt these suggestions. In the real-time market analysis session, the trainees' answers are often off the point, and they may even seem to think that it is the trainers' fault to raise questions. Some people may suggest that for those trainees who are willing to learn, the courseware can be directly given to them for self-study. Trainers have also tried this method, but the result is that the trainees selectively absorb unimportant knowledge according to their own understanding.
Successful foreign exchange traders who are part-time trainers sometimes wonder why they should increase their positions and endure the hardship and pressure of training. However, on second thought, for the long-term development of foreign exchange investment trading, teamwork is needed instead of going it alone. Therefore, foreign exchange trading training instructors can only keep reminding themselves that only in the training process can they find those who are truly like-minded.

Instructors who have achieved remarkable accomplishments in the field of foreign exchange trading may find it difficult to understand the following situation: Right after sharing the professional knowledge and basic rules of the foreign exchange market, the trainees repeatedly ask some seemingly very basic questions.

---

This phenomenon can indeed be frustrating and may even trigger anger to some extent. For these successful traders, selling courses might be a relatively less valuable part of their trading careers.
Changing one's way of thinking is an extremely challenging task. Although teaching others is theoretically feasible, in the process of teaching, if trainees refute the criticisms from successful traders, it can indeed become quite complicated and thorny, and this is also a reality that successful traders must face squarely in their growth process. Many traders who are making their way in this field eventually choose to quit, not because they don't want to continue, but because it is overly difficult to persevere from a moral perspective.
The biggest challenge faced by successful foreign exchange trading training lies in how to verify that the content being taught is accurate and of practical value. How should one prove the correctness and practicality of the courses sold to trainees? If successful traders are convinced that their methods are correct, then why don't they fully devote themselves to trading to obtain more profits but instead choose to engage in training work? Analyzed from the perspective of opportunity cost, it is obvious that trading on one's own can yield higher returns with relatively less effort. This contradiction, to some extent, makes the foreign exchange trading training industry exhibit certain characteristics of an exploitative nature. Because those who are intelligent usually won't purchase these courses, while those who do purchase them often lack sufficient intelligence. Since those who purchase the courses are not smart enough, then how can those who reap benefits from the training restrain themselves from taking advantage of this? This has some similarities with fraudulent behavior. Fraudsters cast a wide net in the name of investment, attracting those who are most gullible, and then illegally defraud them of their money. The sales of foreign exchange trading training courses are also about attracting those who are willing to pay, that is, those who are most gullible, and then legally obtaining benefits from them.

---

• 
• 

---

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

---