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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 forex trading, expert growth often stems from profound insights, and the path to mastery is not linear but a spiraling ascent.

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Most traders, from market novices to consistently profitable professionals, must undergo repeated trials of profit and loss, constantly peeling back the layers of appearances to grasp the essence, thereby truly understanding the market's operating logic and the core principles of trading.
As their cognitive level improves, they develop entirely new understandings of trading at different stages, even completely overturning their previous strategies and beliefs. This iterative cognitive development is not instantaneous but gradually completed through the interaction of market feedback and self-reflection.
Many seasoned traders, when reflecting on their key breakthroughs, often mention realizing forex trading is not merely about price movements, but more importantly, about seizing trading opportunities—for example, identifying currency pairs in a low-price range after a continuous decline or a high-price range after a continuous rise, thus making informed long/short decisions in high-probability scenarios.
This cognitive leap from "looking at prices" to "judging timing" is often a crucial turning point in achieving stable profits, marking a fundamental shift in trading thinking from mechanical reactions to strategic judgment.

In the forex two-way investment trading market, a book that focuses entirely on profits and exaggerates their effects cannot actually be considered essential professional investment reading for qualified forex traders.

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In forex two-way investment trading practice, traders need a clear understanding of the criteria for judging good forex trading books, the differences in advantages and disadvantages of various trading methods, and, more importantly, be wary of common misconceptions found in forex trading books.
One of the most typical pitfalls is the one-sided promotion of profits. Many forex trading books simply teach so-called "profit-making techniques," and the case studies in these books deliberately select market conditions that perfectly demonstrate profit-making effects, while ignoring the randomness and uncertainty of the forex market, which is influenced by multiple factors such as macroeconomics, geopolitics, and exchange rate fluctuations. Traders who blindly follow the methods in these books often find themselves in a situation where profits fall short of expectations. Another misconception is the deliberate concealment of the side effects of trading methods. These books only present the profitable scenarios of the trading methods in a one-sided way, without clearly informing traders that any forex trading theory or practical method has corresponding limitations and side effects. This easily leads readers to fall into the cognitive trap of "what you learn is the whole truth," and consequently, they lack the ability to predict risks in actual trading.
In forex trading, promotional materials for short-term trading are often misleading. Many books and training courses on short-term trading overemphasize the high win rate of their methods while deliberately ignoring the crucial profit/loss ratio. This approach easily leads novice forex traders to mistakenly believe that "win rate is king," neglecting the decisive impact of the profit/loss ratio on overall trading returns. Ultimately, they waste significant time, energy, and trading capital in blindly pursuing high win rates.
Compared to short-term trading, long-term forex trading has distinct characteristics. Its core feature is the coexistence of a high profit/loss ratio and a low win rate. Many books on long-term trading focus only on depicting the ease and profits of successful traders, ignoring the fact that forex trading is essentially a game where "a few profit, most lose"—a classic "loser's game." If readers fail to clearly understand the side effects of long-term trading methods, they cannot establish reasonable risk expectations and maintain a stable trading mindset in volatile markets.
Furthermore, in forex trading, there is a close relationship between trading psychology and trading methods. Many traders attribute poor trading psychology to their own mindset, but this is not the case. Some psychological problems stem from inappropriate trading method selection. If traders can fully anticipate the worst-case scenario before choosing a trading method and prepare accordingly, their trading psychology and execution will significantly improve. Even experienced traders can experience emotional fluctuations and decision-making errors if they cannot clearly predict the extent of loss when opening a position.
It is important to clarify that there are no absolutely good or bad trading methods in forex trading, nor is there a single method suitable for all types of traders. Therefore, the key to choosing a trading method is not to pursue the "optimal method," but rather to comprehensively and objectively understand the advantages and disadvantages of various methods, identify their potential side effects, and, based on their own risk tolerance, trading habits, and capital size, determine whether the side effects of the method are within their acceptable range. Only then can they choose the most suitable trading method to achieve long-term, stable trading returns.

In forex trading, many traders encounter the dilemma of "adding to winning positions only to lose everything in one go." The root cause often lies in the inappropriate timing and price level of adding to positions.

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Many traders, after seeing others profit by adding to positions, attempt to imitate this strategy, only to find themselves not only failing to replicate success but also eroding or even completely giving back their original profits. This repeated frustration can easily lead to psychological instability, causing traders to doubt the strategy itself and fall into either the extremes of being afraid to add to positions or blindly adding to them.
In essence, the forex market is highly random and unpredictable. Each trade—whether the initial position or subsequent additions—is essentially an independent event, with no necessary causal relationship between them. However, this does not mean that adding to positions lacks a logical basis. From a probabilistic perspective, rationally adding to a position based on existing unrealized profits can theoretically improve the overall win rate of the position. From a cost perspective, if we acknowledge that the market spends most of its time in a directionless oscillation, then adding to positions during pullbacks or rebounds at more cost-effective points helps optimize the average cost of holding the position. Conversely, adding to positions at temporary highs or lows can significantly raise or lower the overall cost basis, dragging a trade that could have broken even or even made a small profit into a larger loss.
Therefore, adding to a position is not simply about increasing position size, but a systematic decision that requires consideration of market structure, risk control, and psychological discipline. The real challenge for traders often lies not in technical judgment, but in overcoming greed and fear when facing unrealized profits, and executing a proven adding-to-position strategy with rational and consistent logic.

In the forex market, most traders generally suffer from a psychological cognitive bias, subjectively perceiving that making a profit is significantly more difficult than incurring a loss.

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This cognitive bias manifests in actual trading as follows: many traders intuitively feel that earning a profit target of $200 often requires significant time and effort and is difficult to achieve, while losing $200 often occurs in a short period. In fact, many traders who initially set a profit target of only $200 end up losing far more than that amount.
The core cause of this phenomenon lies in the profound impact of the anchoring effect in forex trading. Most forex traders use a $200 profit target as their core psychological anchor. This anchor continuously interferes with their psychological activities and decision-making during trading, leading to erratic trading behavior. When account profits approach the preset $200 target, traders are prone to excessive psychological pressure, choosing to close positions prematurely out of fear of profit retracement, ultimately missing out on potential future profits. Conversely, when profits fall short of the $200 target, if the account incurs losses, traders, unwilling to accept the shortfall and eager to make up for the gap, choose to hold onto losing positions, ignoring market trend changes and risk management, ultimately causing losses to continue to expand, far exceeding the initial $200 expectation. Furthermore, accounts with daily profit as their core trading goal, while achieving small profits on most trading days, often experience relatively large losses on losing days. Moreover, some profits are not based on sound trading logic but rather on irrational position-holding, making it difficult to achieve stable profitability in the long run.
Besides the anchoring effect of profit targets, the cost basis is also a crucial anchor point for forex traders' exit decisions, especially when the account is in a losing position. This anchoring effect is even more pronounced then. Many novice traders tend to use "breaking even without loss" as their core exit criterion, rather than relying on professional tools such as candlestick charts and technical indicators to identify market breakout points and set reasonable stop-loss levels. This irrational exit decision can easily lead to traders getting deeply trapped in trending markets, with losses continuously escalating.
To mitigate the negative impact of the anchoring effect in forex two-way trading, traders can alleviate and avoid it through scientific methods. In daily life, they should focus on horizontal comparisons, rationally assess their own trading skills and profitability, and reduce psychological imbalance caused by excessive vertical self-comparison. In practical trading, the core is to build a sound trend-following trading system and scientific trading logic, resolutely blocking unverified rumors and market noise. Utilizing the positive contradictory information within the trading system can offset the interference from market price fluctuations and divergent bullish/bearish news, thereby shifting excessive focus from anchor points such as profit targets and holding costs, achieving rational trading and stable profits.

In the field of forex two-way investment trading, forex investment is essentially a loser's game.

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For novice investors, with $200,000 in forex trading, a daily loss of more than $300 can cause anxiety and sleepless nights. However, for experienced traders, a daily loss of only $300 might be considered lucky. Therefore, before starting forex trading, it's crucial to ensure your trading capital is sufficient to withstand losses; it shouldn't be urgently needed funds or obtained through debt. Even if you are financially capable of accepting losses, if you psychologically feel unable to bear them, it indicates your risk awareness and psychological tolerance are unsuitable for trading, and you should consider exiting the market.
Forex trading is essentially a pure risk management and zero-sum game; there are no intrinsically valuable chips. A trade can occur simply because there is a difference of opinion. The outcome is inevitably one side profits while the other loses, and market trends affect forex investors both in a trending and counter-trend manner. For forex investors, losses are an unavoidable norm; regardless of whether your operations are correct or not, small losses and large gains are the way to survive. Reflecting on losses becomes an important learning opportunity, as losses are an unavoidable part of trading, and learning how to handle losses is a lesson every trader must master.
Continuous participation in forex trading requires not only focusing on profitability but also considering how to handle losses and your personal psychological reactions. When market conditions are favorable, most traders can profit; however, when market conditions are unfavorable, it tests who can withstand the pressure. For forex investors, the relationship between learning and loss is crucial. If losing a substantial amount of capital, even just $300, causes sleepless nights, it's difficult to seriously learn trading skills with that mindset. The correct approach is to accept that losses are an integral part of the learning process; striving to learn without losing, or even to profit, is unrealistic. If you cannot accept losses as part of learning, then you shouldn't be involved in the forex market.

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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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