Trade for you! Trade for your account!
Direct | Joint | MAM | PAMM | LAMM | 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
If you want to be an excellent trader in foreign exchange investment and trading, you should not rely too much on foreign exchange investment and trading books.
Books present the experiences and legends of others, and only personal experience can be transformed into your own experience. Although reading books can help you gain some experience, the so-called "experiences of others" and "legends" in the field of foreign exchange investment and trading often come from people who have not really participated in the transaction. Their content may be full of misleading and is only written to earn royalties, rather than to convey truly useful experience.
Reading books alone cannot make you an excellent foreign exchange investment trader. What is really needed is to place orders with real money, feel the changes in the market through actual operations, explore the laws of market operation, and understand foreign exchange investment and trading based on these laws, so as to achieve rich profits. Foreign exchange investment traders need to understand the market through actual transactions, because the market has its own unique operating laws. These laws are slightly different from futures, stocks and other markets, and it is these differences that constitute the most lucrative profit areas.
The perception of foreign exchange investment and trading is not only slightly different from that of futures, stocks and other markets, but also completely different from the perception in real life. If you implement foreign exchange investment and trading with the perception in real life, you will only suffer from the lessons of the market. To do a good job in foreign exchange investment and trading, you need sufficient funds and time as support.
If foreign exchange investment traders must make some preparations, then the most important thing is to re-understand their own preparations. This process requires thorough analysis of oneself and reassembly many times until you can accept a brand new self, even like this brand new self, and no longer feel surprised and afraid. Foreign exchange investment and trading is a process of continuous self-rebirth, and this change can only be truly experienced by the trader himself.
In foreign exchange investment and trading, the content that investors pay attention to or focus on can distinguish whether they are short-term traders or long-term investors.
If investors are still entangled in the cycle of indicators, then they are still stuck in the quagmire of short-term trading. For example, some foreign exchange traders still rely on golden crosses and dead crosses when conducting short-term trading, which is actually a taboo in short-term trading. In short-term trading, the market spends the most time consolidating, and golden crosses and dead crosses tend to appear frequently.
Therefore, remember: during the consolidation period of short-term trading, it is best not to pay attention to golden crosses and dead crosses, nor to use two moving averages with different speeds as reference indicators. The longer the period of the moving average, the greater its value. In other words, the moving average is more suitable for swing trading or long-term trading.
Using moving averages for short-term trading is essentially a self-limiting behavior. If foreign exchange traders want to trade short-term, they should use naked candlesticks and focus mainly on the length of the candlesticks.
The phenomenon of ordinary foreign exchange traders trading frequently hides a key problem: the market actually provides very limited entry opportunities, which can be simply summarized as: there are too few opportunities for short-term trading.
However, ordinary people want to make money quickly to support their families due to the pressure of life. This sense of urgency drives them to trade frequently. But frequent trading is often difficult to make a profit, which forms a vicious circle that is difficult to break, and even becomes a kind of fate.
The final result is that most ordinary foreign exchange investment traders will eventually leave the market. It is just a matter of time, and this outcome is difficult to change. Those who can stay are usually those investors with sufficient funds. Adequate financial support enables them to persist in the market for a longer time until they really understand and master the skills of foreign exchange investment trading. This is actually a self-evident norm. Therefore, whether ordinary foreign exchange investment traders can succeed is not so much a matter of fatalism as a question of whether there is enough money and time.
The success of foreign exchange investment trading does not depend on whether the trader is smart.
Everyone has his own strengths in different fields. The reasons for foreign exchange investment trading participants to enter the market are diverse, and the final trading results are also different.
In China, foreign exchange investment and trading are strictly regulated and face many obstacles to development. Due to the lack of preferential policies, mature ecosystems and formal training systems, it is almost impossible for Chinese foreign exchange investment traders to exchange RMB and remit it to international brokers. However, even in such a difficult environment, there are still many new foreign exchange investment and trading people pouring in, trying to seek opportunities in this market. The deep reasons behind this are worth analyzing.
Internationally, the foreign exchange investment and trading markets in Japan and the United Kingdom present a different picture. Japan has listed foreign exchange investment and trading as a national pillar industry, and the state has introduced preferential policies to strongly support it. There are a large number of registered foreign exchange investment and trading training schools, and the foreign exchange ecosystem has developed extremely well, even surpassing the United Kingdom in some dimensions. The United Kingdom once relied on London's status as a global foreign exchange trading center to make foreign exchange investment and trading flourish and become a national pillar industry. However, in recent years, as the trend of foreign exchange currencies has changed, the advantages of British foreign exchange investment traders have lost their advantages and gradually declined.
For ordinary forex traders, whether they can make a living from trading depends on their perspective, ambition and the standards they set.
Traders who are content with what they have believe that as long as they can maintain a basic life through trading, they can be considered to have achieved a living from trading. However, in real life, most forex traders think much more than that. Although many people discuss how to make a living from trading on the surface, what they really desire in their hearts is to achieve class transition, financial freedom, and even fame through trading.
In the short term, achieving a living from trading seems relatively easy to understand, but when the time span is extended, this concept becomes quite abstract. If one year's trading income can support the next year's life, this may be considered to be a living from trading. If you can clearly know the amount of money needed to support your family every day, and the trading profit can exceed this amount, then you can vividly judge whether you have achieved a living from trading. However, if the forex investment trader has greater ambitions, the difficulty of achieving the goal will increase significantly, and it will also intensify the inner greed and fear.
From these analogies and deductions, it is not difficult to see that for ordinary people who do not have capital reserves, it is best not to get involved in trading. No capital reserves means borrowing money to trade, and once borrowing is involved, the trader is already at a psychological disadvantage.
For ordinary forex investment traders, this seems to be a dead end: if you don't take risks, you can't support your family, and taking risks may put your family in greater trouble. What's worse is that most ordinary traders are not pursuing just to make a living, but to get rich overnight and become famous. This is the fundamental reason why most ordinary traders ultimately fail: their improper mentality leads them to rush for success, blindly use leverage, trade arbitrarily, and eventually leave the market early.
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