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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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For the foreign exchange investment market to achieve healthy and orderly development, the core prerequisite is to guide investors to develop a long-term investment mindset and abandon short-term trading thinking.

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Currently, the vast majority of new forex traders are driven by the desire to "get rich quick." Driven by their urgent desire for wealth, they view forex trading as a means to quickly cash in.
However, the fundamental characteristics of the forex market stand in stark contrast: it is a market with low liquidity, low risk, and a long history of narrow range consolidation. This characteristic is primarily due to the exchange rate regulation of major central banks around the world. To maintain their respective financial stability and foreign trade balances, central banks typically keep exchange rates within a narrow fluctuation range.
The newcomers' "expectation of getting rich quick" and the narrow fluctuations of forex currencies form a sharp contrast. To attract new account openings, forex brokers often deliberately exaggerate the potential for "getting rich quick" in their promotional materials, appealing to the needs of novices. Meanwhile, during free training sessions, they repeatedly emphasize the principle of "always using stop-loss orders."
This contradictory approach confuses novices in their investment logic. With limited funds, novices inevitably rely on high leverage in their pursuit of quick riches. However, the use of high leverage in short-term trading almost guarantees a margin call, with losses ultimately turning into profits for the broker. While some novices have turned to long-term investing, the "always using stop-loss" philosophy makes it easy for narrow stop-loss orders to be triggered in the face of narrow forex fluctuations, leading to investment failures while ultimately benefiting the broker.
The truth is, long-term investors who grasp the right direction and adopt a light, diversified strategy with no leverage and no stop-loss orders can withstand short-term fluctuations and achieve profits through long-term holding. This is the path to successful long-term investing.
Brokers' hype about the "get-rich-quick dream" and their emphasis on mandatory stop-loss orders have objectively created a "two-way stranglehold" on market participants—eliminating short-term traders while simultaneously stifling the survival space for long-term investors. This ultimately leads the forex market into a vicious cycle: lacking profit opportunities, new investors are reluctant to enter the market, the market loses its liquidity, and it slumps into a state of dormancy.

In forex trading, "carrying a position" is a term used in short-term trading, not in long-term investing.

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For long-term investors, if they correctly predict the overall trend and choose to hold a position even if it incurs a floating loss, this is not "carrying a position" but rather a correct way to hold onto a position despite a floating loss. However, in short-term forex trading, whether you choose to carry a position or not, it's difficult to achieve long-term profitability. Even if you occasionally profit, the long-term statistical analysis often leads to losses. In reality, short-term forex trading is essentially similar to online gambling. Its primary purpose is to generate market traffic, contributing to annual revenue and business growth for forex brokers.
In contrast, there's no such thing as "holding a position" in long-term forex investment. When an investor sees the general trend correctly and experiences a floating loss, holding onto a position is a reasonable strategy. While this may sound simple, whether an investor can hold onto a position firmly depends on a comprehensive set of factors, including investment knowledge, common sense, experience, skills, and psychology.
Furthermore, when combined with a long-term forex carry strategy, long-term investors are more likely to hold onto their positions in the face of floating losses. This is because long-term carry strategies can accumulate significant positive interest rate differentials, which provide psychological support for investors to hold onto their positions. This support is visible daily, as interest income is earned daily.

The widespread internet access has had a significant, dual-sided impact on forex trading behavior.

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At the information level, the actual value of "breaking down information barriers" needs to be viewed dialectically: for long-term forex investors, the real value lies in understanding macroeconomic trends. However, the instant information and news flooding the internet are mostly short-term noise, which not only fails to improve decision-making quality but can actually interfere with the stability of long-term judgment.
At the transaction execution level, the convenience of the internet has significantly lowered the barrier to entry, but it has also fostered irrational trading. Investors can place orders at any time through electronic terminals, and this accessibility has directly driven high-frequency trading (HFT) to become a common practice among retail investors. Due to the limited capital of retail investors, HFT inevitably involves a tendency to overweight positions, and the abuse of high leverage has become commonplace. Under the leveraged mechanism of the forex market, even normal fluctuations can trigger a chain reaction: at best, forced margin calls, at worst, direct margin calls, ultimately leading to the majority of participants exiting the market in a short period of time, creating a vicious cycle of "quick entry, quick losses, and quick exit."
Deviating perceptions exacerbate the survival dilemma of retail investors. Internet algorithmic push mechanisms continue to indoctrinate investors with single-minded strategies, such as "always use stop-loss orders upon opening a position," ignoring the narrow range-bound nature of forex trading. In such markets, frequent stop-loss orders can actually provide a stable source of profit for brokers.
In contrast, a long-term, light-weight strategy should be a more suitable option: by properly controlling positions, investors can both mitigate the impact of floating losses and share in the benefits of a continued trend, without relying on stop-loss orders. However, the pervasiveness of misconceptions prevents investors from developing a sound understanding of long-term investment, often failing to understand the fundamental causes of losses until their principal is depleted.

The quality of forex investors' decisions depends largely on their ability to resist the inappropriate interference of cross-market terminology and maintain a clear understanding of the fundamentals of trading.

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"Cut losses and let profits run" is a classic stock market expression, but in forex trading, it often loses its guiding significance because it is divorced from practical application.
Although this quote attempts to illustrate the importance of psychological control in investing, in practice, its logic struggles to align with market dynamics. Experienced investors generally believe this statement is significantly out of touch with real-world experience. Whether in the stock, futures, or foreign exchange markets, trend evolution is inevitably accompanied by pullbacks, and a market with a single-sided breakout for several consecutive days without a pullback is extremely rare. This means that even after establishing a position in the right direction, short-term floating losses are normal. Mechanically cutting losses at this point will miss out on subsequent trend-based opportunities, rendering the "profit run" a pipe dream. This cognitive bias is a consensus shared by all experienced investors.
A practical forex trading strategy should adhere to the principle of "trend first, position first": Once the general direction is confirmed, one must be able to withstand floating losses and wait for the position to stabilize before realizing profits. Specifically, one should continuously accumulate positions by repeatedly executing a closed-loop process: "Starting with a small position - holding on to floating losses - increasing positions after stabilization - holding on again - and then realizing profits."
This process can last for several years, until the market trend reaches a historical extreme. The long-accumulated position is then liquidated, completing the entire investment cycle. This strategy avoids the risk of mechanically applying foreign terminology while highlighting the dual requirements of trend patience and position discipline in long-term investment.

In forex trading, investors should adhere to the strategy of "cutting losses and letting profits run," but each case should be analyzed and addressed accordingly.

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When investors misjudge the market trend, they should stop losses immediately to prevent further losses. When investors correctly judge the market trend but face temporary losses, they should hold on and wait for further market developments.
Forex traders need to have a keen sense of discernment, knowing when to decisively cut losses and when to remain patient and avoid blindly cutting losses. This is a fundamental skill that every qualified forex trader should possess. Investors should not be misled by one-sided and ill-considered terminology used in forex trading, but should make decisions based on their own analysis and judgment.
In forex trading, cutting losses and letting profits run is about cutting losses caused by misjudging the overall trend. For positions that are currently losing money despite having correctly predicted the overall trend, one should hold on to them rather than blindly cutting losses without analysis or consideration. Forex traders who lack this basic knowledge, common sense, skills, and psychological skills are undoubtedly unwise.

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13711580480@139.com

+86 137 1158 0480

+86 137 1158 0480

+86 137 1158 0480

Mr. Zhang

China · Guangzhou

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