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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, the most challenging aspect for traders is controlling their emotions. Losing control of emotions can lead investors into unwitting revenge trading, only to discover it too late, and impulsive trading can lead to significant losses.
In forex trading, the most important thing for traders isn't fundamental analysis, technical indicators, or technical analysis, but emotional control and mindset management. Traders shouldn't be disturbed by market fluctuations or influenced by the emotions of friends and family, especially spouses and children, as these emotions are the most frequent, direct, and likely to disrupt a trader's mood. Only in this way can traders make independent and calm investment decisions.
If a trader is a PAMM or MAM manager, and if the performance review cycle is short, then staying unaffected by market price sentiment becomes even more challenging. While a trader might be immune to emotional influences, it's difficult to remain unaffected by price fluctuations. When prices fluctuate significantly, clients who have entrusted them may panic. While traders may remain calm, panicked clients may demand their funds be redeemed, leading to anxiety. In fact, many forex trading managers' mistakes are partly due to client pressure.
Introverted traders are generally mild-tempered and generally less irritable. This is partly innate and beneficial for them. However, extroverted traders, if they are more likely to lack a mild disposition or even have a tendency to be irritable, may need training to modify their personality to reduce the risk of major mistakes caused by these personality flaws.
Of course, some traders may have troublemaking relatives in their families, which can often trigger significant emotional fluctuations and disruptions. In such cases, for the sake of their forex trading careers, traders may need to temporarily sever these ties and provide appropriate financial compensation after achieving substantial returns. If a trader has a spouse with a bad temper, it is best to avoid trading at home, especially when dealing with large sums of money. A spouse or relative's bad temper can lead to retaliatory trading, resulting in significant losses. Anyone who has experienced this will readily understand this.
In forex trading, truly valuable swing-picking opportunities emerge during pullbacks in an uptrend, not during sideways consolidation after a decline. Similarly, truly valuable swing-picking opportunities emerge during pullbacks in a downtrend, not during sideways consolidation after an uptrend.
From a spatial perspective, the strength and rise and fall of a trend can be determined by the following: in an uptrend, large gains are associated with small pullbacks; in a downtrend, large declines are associated with small pullbacks.
When a currency pair is in a confirmed uptrend, traders should not allow short-term pullbacks to distract them from the overall upward trend. On the contrary, such pullbacks often provide buying opportunities. Similarly, when a currency pair is in a confirmed downtrend, traders should not allow short-term rebounds to distract them from the overall downward trend. Such rebounds may actually be selling opportunities. In forex trading, traders need to learn to accept and adapt to drawdowns, rather than fear them. Fear of drawdowns is a human weakness, stemming from excessive concern about losses after gains. This mentality leads traders to be hesitant during trend extensions, hesitant during pullbacks, and overly persistent during trend reversals. Therefore, traders must overcome this human weakness and cultivate a rational approach to drawdowns.
In forex trading, traders must maintain a broad perspective and a macro perspective. If a currency pair is in an uptrend, it will continue to rise; if it is in a downtrend, it will continue to fall. This understanding of the macrotrend is key to successful trading.
In short, forex trading itself is not complex; the real complexity lies in human nature. Traders need to overcome human weaknesses through continuous learning and practice, cultivate a rational mindset, and develop a scientific trading approach to achieve long-term success in the forex market.
In forex trading, traders can create minimum or pending orders as an alternative to traditional watchlists.
With orders in hand, traders naturally pay more attention to the movements of the corresponding currency pair. Without orders, the currency pair often lacks sustained attention and may even be forgotten.
Many traders use watchlists to lock in their investment targets. However, creating minimum order sizes on top of these lists can serve the same function as a military sentry—constantly standing guard, alerting traders to the movements of the currency pair, regardless of short-term gains or losses. This is similar to a fishing float, allowing traders to sense the currency pair's fluctuations in real time, prompting them to check the market regularly to avoid missing out on future trading opportunities.
In forex trading, almost all traders have a fixed mindset: when they have no positions, the rise and fall of a currency pair seems irrelevant to them. This sense of alienation can lead traders to stop paying attention to the currency pair's market and avoid proactively tracking related interest rate news or market updates. However, as long as they hold a relevant order, they often feel compelled to monitor market fluctuations at all times. This is precisely the purpose of establishing a minimum position order: by tying their position status to their own interests, they force themselves to track the target currency pair, ensuring they don't forget about it. More importantly, this method of sensing real-time fluctuations through orders is much more tangible than simply observing charts. When trend signals or trading opportunities arise, they can be captured immediately, preventing them from passing by.
This order-based tracking method essentially leverages the human tendency to focus on things that are relevant to their own interests, compensating for the potential lack of passive notifications in a watchlist. For traders who need to track multiple currency pairs simultaneously, a minimum order can reduce capital costs while strengthening their awareness of the target pair through actual positions, ensuring that every potential opportunity is within their "perceptible" range, thereby increasing their chances of seizing opportunities in complex and volatile markets.
In forex trading, an investor's trading style and approach should be tailored to their personality, timeframe, and capital size.
Investors should determine their trading style based on their personality traits. For example, impatient investors often find it difficult to hold orders for long periods of time, typically no longer than three days. Therefore, they are better suited to short-term trading, a trading style that aligns with their impatience. Conversely, for investors with a calmer disposition, less interested in short-term fluctuations, and more focused on long-term trends, medium-term trading may be a more suitable option.
Short-term traders need to constantly monitor market trend charts and remain highly sensitive to market fluctuations. However, for investors with limited time, swing trading or long-term investing may be better options.
Furthermore, the size of an investor's capital can also influence their trading strategy. Small retail investors often seek high returns through high-risk short-term trading, but this approach also carries a higher risk of loss, which can lead them to exit the market quickly. In contrast, large-cap investors prioritize stable returns and tend to achieve this through a light-weight, long-term strategy.
In forex trading, trading techniques primarily focus on addressing key issues such as entry and exit points, stop-loss and take-profit levels, and turning points.
For example, moving averages not only reflect market cyclical characteristics, but their crossover signals also provide guidance for entry and exit timing. Furthermore, technical tools such as support and resistance levels, and trend lines are primarily used to determine entry and stop-loss levels. However, trading techniques only play a small role in the overall investment and trading system; the investor's mindset is the key factor in determining success or failure. Forex traders should not be swayed by the emotions induced by trading techniques.
Trading techniques are like the blueprints and roadmaps of the forex market, providing investors with direction and a strategic framework. Investors must develop a unique and tailored trading system and investment methodology, plan ahead, and strictly implement them, avoiding haphazard manipulation.
Long-term investors should adopt a long-term, light-weight strategy, gradually building, increasing, and accumulating positions as market trends unfold. This is an effective way to achieve long-term, stable growth. This approach allows investors to mitigate the fear of floating losses during market pullbacks and overcome the greed fueled by floating profits during market continuations, ultimately enabling long-term survival and growth in the forex market.
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