Forex investment experience sharing, Forex account managed and trading.
MAM | PAMM | POA.
Forex prop firm | Asset management company | Personal large funds.
Formal starting from $500,000, test starting from $50,000.
Profits are shared by half (50%), and losses are shared by a quarter (25%).
Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management
In the field of foreign exchange investment, the role of technical analysis is far more than simply guiding trading decisions.
Its more important significance lies in that it plays a key role as a behavioral norm, which can effectively help investors avoid trading operations under uncertain or irrational circumstances. Technical analysis is not just a simple market trend tracking tool, but an effective mechanism that can strictly limit the impulsive trading behavior that investors may have when there is no clear direction, thereby effectively preventing the occurrence of blind trading behavior.
The core point of technical analysis is to accurately identify trading opportunities with potential advantages. Only when these opportunities are clearly visible, it is appropriate to trade; otherwise, it is necessary to wait and see. By using technical analysis, foreign exchange investors can accurately find trading opportunities with advantages in seemingly disorderly market fluctuations with the help of logical reasoning and verification of historical data. Accurately identify the graphic patterns of reversal or continuous trends on the candlestick chart, and make corresponding decisions to close positions for profit or continue to hold positions based on the position status. At the same time, through technical indicators such as moving averages, in-depth analysis of the initial formation of trends and extreme deviations is conducted to explore these advantageous opportunities. The tools and methods of technical analysis are far more than this. Its main purpose is to open positions in the early stages of trends and close positions in time to make profits when the trends deviate extremely.
The essence of technical analysis is to regulate investor behavior and prevent them from making disorderly and aimless transactions in the foreign exchange market. In this way, technical analysis can effectively assist investors in making more rational and well-founded decisions in a complex market environment.
In the field of foreign exchange trading, the market often reflects the true demands of people deep in their hearts.
Some participants are attracted by market fluctuations and are committed to chasing the dynamic atmosphere created by following the trend; others hope to buy when the market starts in order to gain the sense of accomplishment that comes with it; and some are immersed in the grinding feeling brought by self-challenges. Although they claim to pursue profits, in fact, they enjoy other experiences that are not directly related to profits. A fair market will give them the dynamic atmosphere, sense of achievement and grinding they seek, but usually not profits.
Those traders who are truly successful in the foreign exchange market, if they have a certain talent, then this talent is the ability to see the essence of foreign exchange trading profits and to always maintain a high degree of concentration. They regard foreign exchange trading as a long-term career, rather than focusing too much on the profit and loss of a single transaction, and will not invest too much emotional factors in any transaction.
In the trading process, immature traders may feel frustrated and lost because of continuous stop losses; while mature traders will regard these stop losses as part of the overall trading strategy and will not be entangled in short-term gains and losses. Every successful foreign exchange trader will encounter his own bottlenecks. Breaking through these bottlenecks means entering a new stage of development and then facing new challenges. Every breakthrough requires more effort and a certain talent, wisdom, perfect personality, plus hard work, luck and persistence, these factors make most people eliminated. Talented people may be able to gain benefits at the beginning, but this does not mean ultimate success, so persistence is the most critical factor. People with lower savvy may need to spend more time, but as long as they can survive in the market, they have the opportunity to make a profit.
In foreign exchange trading, we can see some talented traders who can quickly achieve stable returns no matter how much risk they take; but there are also people who lose weeks or months of profits overnight. Foreign exchange trading talent is more like an additional skill. Being savvy is certainly a plus, but talent is really just a factor that adds icing on the cake. Talent is often accompanied by self-worship and may even lead to self-madness, and madness is usually the beginning of destruction. It is undeniable that there are indeed some foreign exchange traders who have talent and perform very well in trading, but this is an extremely rare case. More foreign exchange traders are just ordinary people. Since we are ordinary people, we should study, summarize and practice down-to-earth and do things that ordinary people can do. The most important thing is to keep awe of the market. The only thing foreign exchange traders can control is themselves. We are powerless to the direction of the market, and no one can accurately predict the future.
In the field of foreign exchange investment, many traders encounter the dilemma of continuous losses. Even if they invest up to 10,000 hours, it is still difficult to reverse the decline, which is likely to prompt many people to give up.
However, it must be pointed out that it is not uncommon for traders to suffer long-term losses, especially in the critical stage of the 10,000-hour theory. This stage is usually a major test of investor confidence and an important period for screening successful traders. It is undoubtedly a regrettable situation that many traders may have been close to the edge of success, but failed to persist due to insufficient self-awareness. Some people choose to give up when they are about to succeed, which is the most heartbreaking thing.
For different foreign exchange investment traders, the time required to achieve proficiency may vary, which may be 10,000 hours, 20,000 hours or even longer. According to a rough calculation, if there are about 250 trading days per year and work 8 hours a day, then 10,000 hours is about five years, and 20,000 hours is ten years. First, traders need to build a foreign exchange investment trading system that suits their personality characteristics, and then use system tools to analyze, formulate trading plans, and strictly implement them according to the current market trends. This process seems simple, but it is full of variables.
For most foreign exchange investment traders, 10,000 hours is enough for them to master basic trading skills. The next 10,000 hours is a process of trial and error. Through continuous trial and error, the trading system is streamlined and optimized, and the trading ideas are optimized. In the end, traders need to return their thinking to the most basic and simple level. From thinking that relies on experience and pursuing huge profits, to thinking that follows the trend and thinking based on probability. The future trend of foreign exchange investment trading cannot be forced, but can only be followed. Therefore, the thinking of foreign exchange investment traders must eventually return to trend thinking and probability thinking. Only in this way can they achieve the realm of easy trading.
The key to the 10,000-hour theory is not the length of time to persist. The most important thing is that after persisting for 10,000 hours, foreign exchange investment traders summarize, screen, and adjust their cognition, ideas, and strategies. This may be the final enlightenment stage, like the stage when a chick breaks out of its shell or a baby is born. The chick may break out of its shell naturally or without external force. However, babies may be born naturally or in reverse, and some may need the help of a midwife. Through these natural analogies, after 10,000 hours of hard work, forex traders need to keep a clear mind, and perhaps need the help of a "midwife" in forex trading to achieve a gorgeous turnaround. Don't give up easily, otherwise it would be unwise to give up all your previous efforts.
In the forex market, focusing on medium- and long-term investments rather than short-term trading is generally considered a more rational decision.
This is mainly because short-term trading is usually accompanied by a higher risk of loss. According to relevant statistics, more than 80% of market participants tend to trade in the short term, but the loss rate of this group is close to 100%. In contrast, investors who have accumulated huge wealth are often those who stick to long-term investment strategies. Short-term fluctuations in the foreign exchange market have greater uncertainty, especially for those currency pairs with greater volatility, which are affected by factors such as emotional fluctuations and large capital flows, which are themselves highly unpredictable.
In the field of foreign exchange trading, there is a negative attitude towards short-term trading, namely "scalping", which is usually translated into "scalper trading" in Chinese, mainly referring to those trading behaviors that pursue short-term profits. This trading method is usually considered irrational, and generally only people who lack in-depth thinking will indulge in it. If a foreign exchange broker encourages customers to engage in short-term trading, then this behavior is unethical from a professional perspective, and the motivation behind it may be dishonorable or even despicable.
When providing free account opening training, many international foreign exchange trading platforms will guide customers to conduct frequent short-term transactions and set stop-loss points, and at the same time establish some typical figures of short-term trading, which can easily mislead those who do not understand the actual situation to imitate, and this behavior is regrettable from a professional perspective. Short-term trading requires continuous monitoring and quick response, which will undoubtedly bring great mental pressure to investors. When traders keep an eye on market dynamics, they may experience emotional fluctuations such as fear, greed, and anxiety, which may lead to wrong decisions to a large extent. In addition, since short-term trading involves frequent buying and selling, its transaction costs are relatively high.
From a professional perspective, only through medium- and long-term foreign exchange investment can investors effectively avoid falling into human weaknesses. Short-term trading conforms to the instinctive tendencies of most people, while long-term investment requires investors to overcome human weaknesses. Most market trends tend to show the characteristics of three steps forward and two steps back. When investors have just made a profit, the market may fluctuate in the opposite direction, causing profits to turn into losses. This capricious market will make foreign exchange investors feel uneasy. In this case, people are easily shaken because they watch profits slip away from their hands. Funds that could have been obtained steadily eventually turned into losses. If this happens many times, investors may begin to doubt whether long-term trend investment is suitable for them, and choose to withdraw after making a small profit, thus inadvertently falling into the dilemma of short-term trading.
In the field of foreign exchange investment and trading, there are often differences between the goals that foreign exchange investment and trading experts are waiting for and the goals that foreign exchange investment and trading retail investors are waiting for.
In other words, the factors that foreign exchange investment and trading experts expect are usually not necessary for foreign exchange investment and trading retail investors.
Foreign exchange investment and trading experts are usually long-term investors with large amounts of funds. They are very likely to spend up to a year with extraordinary patience to wait for the appearance of historical bottoms or historical tops. Even if a good band bottom or band top appears, given the large size of their funds, they may think that the probability of winning at this time does not meet the investment goals of large funds, and then disdain it.
However, for small-capital foreign exchange traders, they cannot waste a year waiting. Considering their small capital and the responsibility of supporting their families, they must actively explore investment opportunities. Even those band bottoms or band tops that are ignored by large capital investors may become good opportunities for small capital foreign exchange traders. This is because the profit needs and goals are different due to the different capital scales, so small capital foreign exchange traders must take a certain degree of small risks. They should not only cherish the opportunities at the bottom or top of the band, but also boldly grasp the opportunities with slightly higher odds and probabilities.
Long-term investors with large funds adhere to the investment philosophy of "big chickens don't eat broken rice". But small capital foreign exchange traders cannot hold such a concept. For them, it is ideal to have big opportunities, and it is also good to have medium opportunities, which must not be missed easily. There are significant differences between people, and their destinies are also different. Some people no longer need to change their destiny, while others must take certain small risks to change their destiny, otherwise they will be at the bottom of society all their lives.
The highest secret of foreign exchange investment trading lies in waiting, but different people wait for different lengths of time and what they wait for. As a small capital foreign exchange trader, you must maintain a high degree of keen awareness of this, otherwise the long wait may still be fruitless.
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