Hand Over Your Account, I Trade & Profit for You!
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
In forex trading, successful traders aren't unwilling to share their experience; rather, they understand that novices struggle to grasp the essence of their skills quickly. This phenomenon is also common in traditional society.
For example, when educating children, adults often make the mistake of trying to force teenagers to understand life philosophies that took them decades to grasp. This approach is not only futile but can also place immense psychological pressure on children. Adults often impose their own unfulfilled goals on children, ignoring their own growth spurts and abilities. This behavior is essentially embarrassing, not truly educating.
In forex trading, successful traders understand that novices need time to digest and understand the complex knowledge, techniques, experience, and psychological skills involved. These skills cannot be mastered overnight; they require a gradual process of accumulation and practice. Newbies must face and learn from the various pitfalls of the market and accumulate experience through personal experience. This is the essential path to growth.
Successful traders understand that even the closest relatives, such as spouses or children, find it difficult to become successful forex traders quickly. This is not only due to the complexity of forex trading, but also because close relatives often harbor misunderstandings or prejudices about each other's professions. This phenomenon, known as the "get used to one trade, get tired of it" phenomenon, exists in many industries, and forex trading is no exception.
In forex trading, traders who are relatively indifferent to emotions may have an advantage. This emotional trait helps them remain calm and rational during trading, allowing them to make more objective decisions.
In traditional society, emotional restraint often helps people avoid various traps and scams. Observing social phenomena reveals that those most vulnerable to deception and fraud are often minors or students entering society. These individuals are often emotionally active and enthusiastic about society, making them easy targets for scammers. Scammers exploit this common psychological trait to defraud these individuals. Therefore, maintaining a certain degree of ruthlessness or rationality can effectively protect against various traps and fraudulent schemes. While this attitude may appear cold, it actually protects one's own safety.
In forex trading, traders who are relatively indifferent or insensitive to emotions are often better able to control their emotions, thus avoiding being distracted by them during trading. This is crucial to successful forex trading, as the core elements of forex trading are, in order: money management, followed by psychological and emotional control, and finally technical analysis.
A forex trader's ability to regulate their emotions is even more crucial than technical analysis, yet it is a key factor that most traders overlook.
In forex trading, non-native English speakers may have difficulty accurately grasping the essence of news and may even interpret it in a contradictory way.
Furthermore, forex traders should avoid blindly believing in all kinds of news, as the sources are diverse, false news is prevalent, and it is difficult to distinguish true from false, making it often difficult to obtain accurate information.
Furthermore, news has a lag, and forex traders who trade based on news may already be missing out on opportunities. Forex traders whose native language is not English may not understand the true meaning of the news, leading to misleading or even interpreting it in a way that contradicts its original meaning.
Therefore, in forex trading, traders may consider adopting a light-weight, long-term strategy, aligning their positions with the general trend. This avoids the dilemma of relying on news to identify entry points, while also effectively protecting against flash crashes and significant drawdowns due to a smaller position size.
In forex trading, the vast majority of small retail traders tend to trade against the trend.
This trading pattern can quickly drain your capital, and it's worth considering for those trading against the trend.
Forex traders who trade frequently will inevitably incur spread fees. While these fees may seem insignificant, they can add up to significant expenses over time. For example, when a high-frequency trading position doubles, a trader might choose to close it immediately to lock in profits. However, if the high-frequency trading position incurs a loss and the trader chooses to hold on to the position, the losses may continue to escalate. Furthermore, traders tend to quickly close profitable positions while holding onto losing ones. This behavior can ultimately lead to rapid capital depletion.
Frequent trading and continuously increasing exposure to losing positions are one of the main reasons for forex traders to run out of funds. This is the fundamental reason why most forex traders ultimately lose money: they hold on to losing positions and close their winning positions too early, resulting in meager profits. Over time, losses accumulate, ultimately forcing traders to exit the forex market due to capital depletion.
In forex trading, traders must always remember the paramount importance of a small, long-term strategy.
Forex trading platforms often offer leverage, effectively providing investors with free loans. Few can resist the allure of such free loans. However, wise traders adhere to their principles, resisting the temptation of leverage and maintaining a light position size. This is because a light position size effectively controls risk, preventing large losses on a single trade and thus reducing the likelihood of a margin call.
Small positions can also help traders prolong their trading life. By maintaining sufficient capital, traders can better navigate market volatility and uncertainty, avoid being forced out by short-term volatility, and lay the foundation for long-term market success.
Furthermore, a light position size helps traders maintain rationality. When holding a small position size, traders tend to be more stable, reducing the risk of poor decisions caused by emotional fluctuations and allowing them to more closely adhere to their trading plans and strategies.
Furthermore, a light position size leaves room for capitalizing on advantageous opportunities. Ample reserve capital allows traders to flexibly seize subsequent trading opportunities, increasing the flexibility and effectiveness of strategy adjustments.
In general, maintaining a small position size is key to balancing risk and reward in forex trading. It helps traders survive longer in the market and creates favorable conditions for achieving sustained profits.
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