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 practice of foreign exchange investment and trading, if novice investors want to achieve the leap from entry to mastery, learning the position holding attitude and determination of successful traders is an indispensable part.
The profit code of the foreign exchange market is often hidden in the position holding time. The longer the position is held, the more likely it is to reap rich profits.
Those traders who have achieved good results in the field of foreign exchange investment are mostly practitioners of long-term investment. They have a long-term vision and lofty ambitions, and can maintain a calm and calm mentality in trading. Faced with the ups and downs of the market, they remain calm because these short-term fluctuations have no substantial connection with their long-term investment goals. They stick to the long-term strategy and are not moved by the tiny profits in front of them. This firm belief in holding positions is an important cornerstone of their success.
Ordinary foreign exchange investment traders generally have cognitive limitations in their understanding of market trends. After entering the market, they habitually believe that the trend will develop along an inclined or steep straight line. This simplified and idealized cognitive model often makes them at a loss when facing the complex changes in the market. Successful foreign exchange big capital investors have a more mature cognitive system. They deeply realize that the ups and downs of the market are the norm, and this fluctuation is an inevitable part of the investment and trading process.
Ordinary investors often indulge in the short-term fluctuation process of currency trends, lose their way in the ups and downs of prices, and lack clear goal orientation and end point expectations. On the contrary, successful big capital investors always focus on future investment goals and final results. They will not be hindered by short-term price fluctuations, because they know that paying too much attention to the fluctuation process will only disrupt their investment rhythm and increase unnecessary psychological burden.
In the growth process of foreign exchange investment and trading, the core sign of the transformation from novice to experienced is to abandon the bad habits of impulsive trading and hanging trading. Correcting these two behaviors is the only way for investors to mature.
Impulsive trading is a common bad trading habit among forex novices. After opening the trading platform, such traders often enter the market hastily due to lack of patience and calmness, without conducting a comprehensive and in-depth analysis of the market situation. This kind of trading behavior lacks a clear trading plan and judgment basis, and often manifests itself as blindly following the trend and acting impulsively, making investment decisions based on unstable emotions, which ultimately leads to uncontrolled trading risks and losses becoming the norm.
Hanging transactions are also a common misunderstanding in forex trading. When the price of a currency is in a range without obvious support or resistance, that is, when the price fluctuates in a state of "neither going up nor down", entering the market at this time is tantamount to gambling. This kind of trading behavior that lacks logic and planning ignores the basic laws of market operation, makes trading decisions lose reliable support, and makes it difficult to achieve stable profits.
The notable feature of experienced forex investors is that they can restrain their trading impulses and patiently wait for the right trading opportunity. They know that only when the price touches the key resistance or support area can the transaction have a higher probability of success. In an upward trend, buy at the support level; in a downward trend, sell at the resistance level. This probability-based trading strategy reflects a deep understanding of market rules. When traders can respond to market changes with a calm and composed attitude and remain calm in trading, it means that they have successfully transformed from a novice to a skilled trader and have the ability to move forward steadily in the foreign exchange investment market.
In foreign exchange investment transactions, previous highs and previous lows have extremely high reference value. By combining support and resistance areas to trade, the odds of winning can be significantly improved.
In an upward trend, consecutive highs (HH-high-high) are important reference areas for short-term traders to place buy stop orders. These highs indicate that the market is constantly testing new resistance levels during the upward process, providing potential buy signals for short-term traders.
In a downtrend, the consecutive lows (LL-low-low) are the reference areas for short-term traders to place Sell stop orders. These lows show that the market is constantly testing new support levels during the decline, providing potential sell signals for short-term traders.
For long-term investors, the pullback lows (HL-high-low) in an uptrend are the reference areas for placing Buy limit orders. These pullback lows are usually short-term adjustments in the market during the rise, providing long-term investors with more favorable buying prices.
In a downtrend, the rebound highs (LH-low-high) are the reference areas for long-term investors to place Sell limit orders. These rebound highs are usually short-term rebounds in the market during the decline, providing long-term investors with more favorable selling prices.
Whether it is a short-term trader opening a position or a long-term investor adding a position, referring to the banded areas of the support and resistance zones (EMA144 + EMA169) can build a foreign exchange investment trading system with a very high probability of success. This system is not only suitable for long-term investment, but also for short-term trading, and can effectively improve the success rate of transactions.
In the process of foreign exchange investment and trading, individual independent foreign exchange investment traders usually need to play multiple roles, both as analysts and traders, and also bear important responsibilities such as risk control.
This is similar to the division of labor during ancient marches and battles. In ancient times, marches and battles usually had military advisors and combat teams. The military advisor team, that is, the counselor team, is mainly responsible for paper discussions, sand table simulations, military layout, etc.; while the combat team is led by the generals, small generals, small leaders and soldiers, etc., and is responsible for the implementation of on-site operations.
In foreign exchange investment and trading, the military advisor team is equivalent to analysts, responsible for analyzing market trends and formulating strategies; the combat team is equivalent to traders, responsible for executing trading plans. Although there were a few all-round figures who were both military advisors and generals in ancient marches and wars, they still needed the support of a military advisor team. Because a person's energy, vision and ideas are limited, and a military advisor team can check for omissions and make sure everything is foolproof.
For individual independent foreign exchange investment traders, due to limited resources, they often cannot hire professional analysts and risk controllers, so they can only combine these roles. However, many independent traders tend to ignore the preparation of trading plans, such as paper talks and sandbox simulations. In traditional Chinese culture, "paper talks" are usually derogatory, which may further cause independent traders to ignore the importance of these preparations. As a result, they often fall into a vicious circle of losses and cannot extricate themselves.
Individual independent foreign exchange investment traders must be aware that they are not only analysts, traders, but also risk controllers, and they have multiple roles. Therefore, the preparation of trading plans must not be ignored, which is the key to successful trading.
In the process of foreign exchange investment and trading, successful investors sometimes selflessly share their experiences.
However, due to China's restrictions on foreign exchange investment and trading, there is neither a formal foreign exchange investment and trading platform nor a normal foreign exchange investment and trading ecosystem. In this case, the lack of comparison is more likely to lead to cognitive blind spots. Based on this, many successful foreign exchange investment traders are willing to selflessly share their experiences, but they are often hunted and ridiculed by the nitpickers. This behavior not only makes people lose interest and willingness to share, but also makes people feel extremely uncomfortable, just like swallowing a fly accidentally when breathing.
However, we can look at this issue from another perspective. From a philosophical and cognitive perspective, the other person in your eyes is actually another you. The language used by the nitpickers to comment on others at this moment is actually revealing their own bad emotions such as failure, resentment, revenge and hatred at this moment. Unfortunately, the nitpickers are not aware of this psychological principle. Even those who are sober or understand the principles of psychology may ignore their own gaffes in this situation. Observing others when they are ignoring is often the best time to discover their true colors.
When some nitpickers see others sharing their investment experience, they will ask for transcripts. However, large-scale transcripts are not visible to retail investors at all, because this will bring risks to large capital investors. Please remember: those who always argue and always speak ill of others are destined to fail in life, because they have no tolerance at all. People who cannot tolerate others cannot tolerate themselves, and such people will never succeed in anything. On the contrary, people with success potential always want to steal skills and learn from anyone's experience to make up for their own cognitive blind spots, rather than wanting to keep people away and argue anytime and anywhere.
Based on the past experience of large capital investors, it is best not to pay attention to small capital retail traders. If you pay attention to them, they may mistakenly think that they have established a personal contract relationship with you, and thus conduct endless brainless consultations. Of course, it is not ruled out that a very small number of successful people use bad reviews to relieve their inner depression when they fail temporarily, but from common sense, successful people generally do not have such qualities. But one thing is certain, the nitpickers are basically losers, and the English word "loser" is very appropriate and vivid to describe them.
13711580480@139.com
+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
China · Guangzhou