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 foreign exchange investment transactions, why do traders believe that they can make hundreds of millions of dollars with tens of thousands of dollars in just a few years?
Today, the highly developed Internet has broken down information barriers, allowing retail investors to stand on the same starting line as large investors in terms of information acquisition. However, the Internet is full of stories about getting rich overnight, even with seemingly real pictures and evidence. But in fact, most of these so-called "myths" are fictional. It is almost impossible to make hundreds of millions of dollars with tens of thousands of dollars in just two or three years, unless it is in a dream.
Those who make up stories about getting rich quickly often take advantage of people's lack of understanding of modern software. They make up attractive stories in the form of paid news or advertisements to make people believe that investment can make them rich quickly. Just like the stories of lottery winnings are constantly hyped by the media, these stories are actually intended to attract people to participate in investment. Paid advertisements appear in the form of news and are often more deceptive.
Why do traders believe these stories? The reason is that many newcomers to foreign exchange investment and trading lack professional knowledge and are unwilling to learn in depth, but they fantasize about getting rich overnight. From $30,000 to $300 million, this means a 10,000-fold return. Anyone with a little common sense can see that this is impossible, but the cruel reality is that the less common sense people have, the easier it is to believe these lies. They even think they are better than professionals.
This is the sadness of the foreign exchange investment and trading community, and it is also the biggest source of profit for stakeholders.
In foreign exchange investment and trading, the act of setting profit targets is essentially a misunderstanding of market laws.
A large number of investors are keen to calculate profit expectations for different cycles and try to plan market trends with fixed numbers. This idea itself is out of touch with the essential characteristics of the foreign exchange market.
The uncertainty of the market determines that the money-making plan will inevitably fail. Once the actual transaction deviates from the plan (especially when a loss occurs), investors will fall into a mentality crisis: eager to recover losses, refusing to accept losses, and even magnifying risk exposure after consecutive losses. This is why all investors who rely on money-making plans will eventually lose money.
Successful investors deeply understand this point. They give up profit plans and focus on controllable loss management. By setting loss expectations and clarifying the risk limit of each transaction, such investors can maintain a stable mentality and patiently deal with market fluctuations. However, the behavior of investment managers who promise annual profits is neither scientific nor ethical. The total floating profit limit of the foreign exchange market is about 20% throughout the year, but they promise 50% returns. They are undoubtedly making things difficult for themselves and deceiving customers, and they will inevitably fail to deliver.
In foreign exchange investment transactions, many investors are deeply troubled by the illusion of "being targeted by the market".
They have suffered repeated setbacks in transactions and regard market fluctuations as "malice" against themselves. This subjective cognition makes the investment road full of pressure and anxiety. But in fact, the market operates according to its own laws and has no intention of targeting individuals. What really hinders investors is their inner desires and obsessions.
The strong desire of "must make money" distorts investors' cognition of the market. When this desire dominates trading, investors cannot accept any form of loss and regard normal fluctuations in the market as "hostile behavior" of the market. This misconception not only increases the psychological burden, but may also lead to wrong decisions and further expand losses.
If you want to achieve stable investment in the foreign exchange market, investors need to face and overcome their own psychological barriers. First, they should lower their profit expectations and recognize the uncertainty and risks of the market; second, they should learn to accept floating profits and losses and regard them as a normal part of trading. Only by letting go of the obsession of "must make money" and participating in trading with a calm and rational mindset can we eliminate the illusion of "being targeted by the market", reduce psychological pressure, make the investment process easier and calmer, and ultimately achieve long-term and stable returns.
In foreign exchange investment transactions, the degree of happiness when traders make money is often proportional to the degree of pain when they lose money.
If traders cannot control their basic emotions, it will be difficult for them to overcome human weaknesses. Although happiness or not is from the heart and is not controlled by personal will, if traders want to succeed in investment and make a lot of money, they must temper their mentality.
The happier the trader is when he makes money, the more painful it is when he loses money, and the stronger their desire to get their money back will be. This strong desire to get their money back often causes traders to make two hidden mistakes: holding on and trading too frequently. The reason why traders make mistakes again and again is largely because of the pain they feel when they lose money.
Therefore, traders must not be too happy when they make money. To judge whether a trader can make a lot of money, you can observe whether he stays calm when making money. Traders who often show off and share their profits often end up losing money.
In foreign exchange investment transactions, what really hurts traders is not the losses in the market, but those overly grand dreams.
The foreign exchange market itself does not hurt us, but our unrealistic fantasies and expectations. The best way to protect yourself as a trader is to avoid overestimating the potential gains of currency pairs. Even when facing stop losses, traders should not have any unrealistic expectations, so as to avoid ultimate disappointment.
Of course, it is necessary to have dreams, but if the dreams are too big and unrealistic, they will become fantasies. So, what is a reasonable and practical goal for foreign exchange traders? Assuming that the trader has a capital of $10,000, it is reasonable to set a profit target of $1,000. However, if the goal is to make $1 million with a capital of $10,000, it is undoubtedly unreasonable and even ridiculous. Unfortunately, in reality, most traders expect to make $1 million with a capital of $10,000, not $1,000. In China, an environment dominated by exaggerated stream of consciousness, if you set a profit target of $1,000, you are likely to be laughed at by others.
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+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
China · Guangzhou