---

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 correct stop-loss setting should be based on support and resistance levels, rather than simply relying on the size of the stop-loss point.

---

Many traders mistakenly believe that setting a 20-point stop-loss is safe enough, believing this will keep risk low. However, this view overlooks the true key to stop-loss setting: choosing the right trading position. Only by setting a stop-loss at the right location can risk be truly reduced. If a trader sets a stop-loss at the wrong location, even a small stop-loss point may trigger it frequently, leading to unnecessary losses.
Additionally, stop-loss setting should also consider the nature of the trade, namely, whether it is a trend-following or counter-trend order. For trend-following orders, even a 100-point stop-loss may not trigger it because the market trend aligns with the trade direction, and the price is more likely to move in a favorable direction. Conversely, if the trade is against the trend, even a stop-loss of 100 pips could trigger it, as the market trend is against the trade direction, and the price is more likely to move in an unfavorable direction. This is essentially a matter of probability.
In forex trading, the best way to set a stop-loss is as follows: In an uptrend, traders should identify support levels and set their stop-loss below them; in a downtrend, traders should identify resistance levels and set their stop-loss above them. This stop-loss setting method, based on technical analysis, ensures the rationality of the stop-loss. Even if the stop-loss points are small, such as 20, 30, or 50 pips, these points are based on sound technical analysis, not blindly set. Therefore, these small stop-loss points are truly "small" because they are based on sound analysis, not arbitrarily set.
In short, the correct stop-loss setting should be based on support and resistance levels, not simply on the size of the stop-loss point. It is unwise to set a stop-loss arbitrarily on a counter-trend trade, as this ignores the importance of market trends and technical analysis.

In forex trading, if novice traders consistently overfocus on market fluctuations and neglect position management and control, they will ultimately fall into a predicament of persistent losses.

---

The first bad habit novice traders develop is being overly sensitive to market fluctuations, becoming easily startled by rising and falling prices. They obsess over their floating profits and losses, easily becoming caught up in the market's tug-of-war and entanglement, leading to trading decisions influenced by short-term fluctuations. In this state, traders struggle to maintain rational judgment and often hastily place orders or close positions based on temporary fluctuations, missing out on genuine trending opportunities.
The second bad habit is a lack of position management skills, resulting in chaotic and disorganized position management. Novice traders often lack a clear understanding of when to lighten their positions and when to moderately increase them, instead making decisions based solely on their emotions and state of mind. Even more dangerous, they often resort to gamblers, taking large positions against their current positions, without any position planning. This behavior greatly amplifies risk. If market conditions deviate from expectations, significant losses or even a margin call may result.
The third bad habit is neglecting the development of one's mindset, psychology, and values. New traders often oscillate between extreme greed and extreme fear, unable to discern the appropriate time to be greedy or the risk signals to be fearful. This directly leads to unrealistic expectations of trading returns, which in turn leads to blindly chasing highs or panic selling.
It is the accumulation of these bad habits that often causes new traders to "be afraid to win when they should, and lose heavily when they shouldn't." The unleashing of gambling tendencies exacerbates this vicious cycle, and these three major pitfalls are precisely the minefields that new forex traders are most likely to fall into.

In the forex trading world, the value of a professional trader is not related to age; rather, it becomes increasingly apparent with the accumulation of skills and experience. The older and more experienced one is, the greater the competitive advantage.

---

This characteristic stands in stark contrast to the age restrictions in some traditional industries. In fields that rely on physical strength, such as athletes or construction workers, aging leads to a decline in physical fitness, which in turn erodes professional advantages and necessitates retirement. Core competitiveness in these industries is directly tied to physical function, making age a naturally insurmountable barrier. However, in fields where experience and skills are paramount, age is not a limitation but rather a benefit—the higher the technical and professional requirements, the weaker the correlation between age and professional value.
Forex trading falls squarely into the latter category. Improving trading techniques and accumulating investment experience are the core competitive strengths of professional traders, and these elements only deepen with age. The more experienced a trader is in the market, the more accurate their ability to predict market fluctuations and manage risk. Experience itself is an irreplaceable asset and a direct reflection of their strength. This is clearly demonstrated by client entrustment logic: no client would entrust their account to an inexperienced novice, instead preferring veteran traders who have weathered market cycles.
Furthermore, the high mental and psychological demands of forex trading further eliminate age restrictions. The industry's high barrier to entry means its core competitiveness lies in its thinking ability, risk tolerance, and decision-making judgment. These qualities do not decline with age and may even mature with experience. Therefore, the so-called "35-year-old crisis" does not exist in the forex trading industry.
Excessive concern for traders about their age will only add to their troubles. The fundamental rule of society has always been "if you don't advance, you retreat," and there is no sympathy for the weak or those with limited abilities. Forex traders, rather than worrying about age restrictions, should focus on improving their skills and accumulating experience—this is the fundamental basis for a long-term career in the industry.

In the forex investment and trading world, many veterans face a common problem: despite possessing extensive trading knowledge and techniques, they struggle to profit from actual operations. There's often a difficult chasm between "knowing a lot" and "doing well," and the two aren't necessarily equivalent.

---

Some traders have been trading forex for nearly a decade, seemingly acquainted with market principles, technical strategies, and risk management theories, accumulating a wealth of knowledge. Yet, their account returns remain unsatisfactory. From a professional trading perspective, "extensive knowledge" and "excellent trading performance" simply can't be equated. Success or failure in forex trading hinges not only on the depth of knowledge but also on the ability to translate knowledge into action.
This predicament stands in stark contrast to the growth stage of novices. Beginners are often clearly aware of their shortcomings: they need to accumulate fundamental forex knowledge, gain practical experience, and hone their trading techniques. They also need psychological training to sharpen their mindset and navigate market fluctuations. Their core mission is "from ignorance to knowledge," with a clear goal and path.
For veterans, the biggest problem is precisely "knowledge without action"—they may know a growing number of trading strategies and risk management rules, but they can only put them into practice. When a trader reaches a certain level of understanding, the difficulty in trading is no longer "understanding new things and learning new methods," but "consistently applying known, correct methods." However, "applying" is inherently challenging, requiring traders to confront their inner greed and fear and break inherent bad habits, which is far more difficult than simply acquiring knowledge.
Many veterans seemingly spend decades studying new tactics and strategies, yet their accounts remain unprofitable. The root cause lies in a lack of consistent execution. No trading tactic or strategy is perfect; each has its own market suitability and limitations. However, some veterans cannot tolerate short-term drawdowns within a particular strategy and constantly waver between different strategies, leading to conflicting trading decisions. In practice, they either exit the market after a small profit, missing out on significant gains; or, when misjudged, they cling to stop-loss orders, allowing losses to escalate.
This back-and-forth of mistakes often consumes a decade of experience, ultimately leaving their account gains in tatters. These traders can articulate trading logic with impressive clarity, but once they open their accounts, their losses are appalling. This disconnect between knowledge and action is the core problem plaguing seasoned forex traders.

In forex trading, traders with a proactive learning mindset are the ones truly suited to this market.

---

The market is constantly changing. Policy adjustments, macroeconomic fluctuations, and evolving international situations all influence currency pair trends. Only by continuously learning and updating your knowledge can you keep pace with the market. Crucially, a trader's suitability is not directly correlated with age. Some young traders possess advanced cognitive skills and can quickly grasp the true nature of the market, while older traders, clinging to existing experience and lacking the motivation to learn, remain at a fundamental level.
In fact, a forex trader's success is weakly correlated with age and instead closely tied to the depth of their experience and the strength of their thinking. Some older traders, despite their accumulated market experience, lack deep reflection and equate "experience" with "knowledge." They fail to extract patterns and optimize strategies from past trades, making it difficult for them to improve their cognitive abilities and, naturally, fail to develop into effective traders. Conversely, some younger traders, despite their youth, are adept at observing the market, summarizing their experiences, and are more open to new trading strategies and techniques. Some, even in their twenties, grasp core principles that many traders only grasp in their forties. Their strong cognitive abilities allow them to distinguish themselves in the market.
Trading results also confirm this logic: Traders with outstanding performance inevitably possess exceptional learning abilities. They not only proactively learn professional knowledge like technical analysis and risk management, but also continuously hone their skills through reviewing market performance, studying classic cases, and communicating with peers. Traders with poor performance, on the other hand, often suffer from weak learning abilities. They either lack the desire to actively learn and settle for fragmented knowledge, or they struggle to translate acquired theory into practical skills, ultimately facing repeated setbacks in market fluctuations. It can be said that a love of learning is a necessary prerequisite for a successful forex trader and a key criterion for distinguishing excellence from mediocrity.

---

• 
• 

---

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

---