---

Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management

---

In the realm of two-way trading in forex investment, traders who truly achieve consistent profits often disdain to explain their trading principles to others.

---

This phenomenon is not an isolated case. In the traditional cognitive dimension of real life, true wisdom is never easily imparted to others—for intelligent people, principles are a consensus that needs no further explanation; for confused people, cognitive barriers prevent them from grasping the core of principles, making instruction futile. If a wise person is willing to proactively offer guidance, it means they see potential for growth in you, recognize you as being on the verge of wisdom and confusion, and hope to help you break through cognitive barriers and join the ranks of the wise through a few words of inspiration. This initiative is always imbued with benevolent intentions of salvation, not malicious intent to harm. Just as parents' earnest teachings to their children stem from deep-seated expectations, hoping their children will shed their immaturity and grow into independent adults through the influence of reason.
Returning to the two-way trading scenario of forex investment, truly profitable traders don't need lecturing. This is fundamentally consistent with the logic of wise people in reality: intelligent traders have already built a complete trading system based on their own understanding; external principles are merely redundant information to them. Traders lacking sufficient understanding, however, cannot grasp the deep core of trading logic, nor can they empathize with the wisdom of decision-making amidst market fluctuations; lecturing ultimately fails to reach the core. More importantly, forex trading itself is a systematic project integrating knowledge reserves, industry common sense, technical analysis, practical experience, and trading psychology. The complexity of this system far exceeds imagination; it cannot be fully outlined in a few words, much less explained in a few days. It requires traders to immerse themselves in the process with long-term patience, constantly learning, exploring, and repeatedly testing in real-world scenarios, learning through trial and error, and ultimately internalizing external knowledge into their own trading intuition and decision-making abilities. This growth process is highly individualized; even if outsiders want to help, they will find it difficult to find a starting point. Even blood relatives cannot do it for you—just as you cannot force-feed an adult, it violates the objective laws of individual growth and contradicts basic common sense.

In the context of two-way forex trading, the hidden risks of gold investment often lie in the relationship between trading volume and transaction costs. This is a point that forex traders need to carefully recognize.

---

Many traders hold a misconception, assuming the gold market is the most liquid trading market globally, believing that its daily trading volume is so large that even single trades of dozens or even hundreds of lots can be completed smoothly. However, this perception deviates significantly from the actual market reality.
The scarcity of trading volume in the gold market is directly evidenced by transaction costs and market reactions. Industry consensus suggests that a trading volume of several thousand lots within a minute in gold trading is enough to attract industry attention, highlighting its limited trading volume. Specifically, regarding transaction costs, the spread cost for a single lot of gold trading is typically between ten and twenty dollars. As the number of lots traded increases, the cost pressure rises further, and slippage risk intensifies simultaneously—slippage begins to appear when a single trade reaches two or three lots, or even three to five lots; if the number of lots increases to 10, the overall transaction cost often exceeds thirty dollars, and in extreme cases, can even reach forty dollars, which undoubtedly erodes trading profits significantly.
From an authoritative data perspective, the average daily trading volume in the gold market is far below traders' expectations. Taking the CME Group in the US, a core global exchange, as an example, its average daily trading volume for gold futures is only around 100,000 lots. Distributed across each trading session, the tradable volume per unit of time is even more limited. This characteristic is particularly pronounced during the quiet morning trading hours. At this time, a single order of ten lots can significantly impact gold prices, triggering short-term fluctuations; a single order of dozens of lots can have an even greater impact on market price trends, exacerbating market uncertainty.
More importantly, large transactions in the gold market face the dual challenges of difficulty in execution and the risk of offsetting positions. When a single transaction reaches 30 lots, even without slippage, some trading platforms may adopt a position-matching model with investors, indirectly increasing trading risk. Attempting to place a single order of hundreds of lots is essentially impractical in the current liquidity environment of the gold market; either the transaction cannot be completed, or the actual transaction price deviates from the displayed price by several dollars or even tens of dollars, leading to unexpected trading losses.
In summary, within the two-way trading system of the forex market, the inherent scarcity of trading volume in the gold market directly leads to high transaction costs (including commissions, spreads, etc.). Coupled with slippage risk, execution barriers, and potential position-matching risks associated with large transactions, gold investment is not an ideal trading choice. Traders need to rationally mitigate investment risks in this area based on a thorough understanding of the market's nature.

In the two-way trading scenario of forex investment, traders should fully recognize and value the inherent advantages of forex investment compared to forex futures investment.

---

Forex futures trading has a unique rollover mechanism. During non-rollover periods, the trading behavior of both buyers and sellers in the market can maintain a relatively stable operation. However, once the rollover period begins, the situation changes significantly. After closing out positions, investors who have incurred losses often find themselves in a dilemma of being unwilling or afraid to open new positions. This phenomenon profoundly reflects the dominant role of psychological principles and human nature in trading behavior, and also determines that forex futures trading is more of a short-term trading activity, making it difficult to be a suitable investment category for long-term investment.
This pattern is clearly demonstrated by actual market examples: when long positions are about to roll over to the next contract month, if the market happens to experience a one-sided downward trend, investors who originally held long positions are likely to abandon their long strategy and choose to exit and observe; conversely, when short positions enter the contract rollover period, if the market experiences a one-sided upward trend, short sellers usually also terminate their short positions and enter a temporary state of observation and stagnation. It is worth noting that forex spot trading has gradually become a sunset industry and a niche field in the current market environment, and forex futures are an even smaller niche within a niche. Constrained by both market trends and their own trading rules, some forex futures investors are forced to exit and re-enter the market when rolling over to the next contract. However, if their trading direction contradicts the market trend, they instinctively choose to stop trading. This passive decision-making directly weakens the market's self-regulating forces.
Some might argue that participating in forward forex trading could circumvent these problems. However, this idea is difficult to implement in the actual market. From a trading mechanism perspective, forex futures trading is essentially a counterparty trading model. Currently, the supply of forward positions is extremely scarce. Even if investors are willing to participate in forward forex trading, they struggle to find matching counterparties, making it impossible to construct forward contracts. Considering these multiple factors, the space for forex futures market survival is shrinking, and its gradual exit from the market is becoming increasingly clear. The moment of its final exit may not be far off.

In the forex market with its two-way trading mechanism, strategy selection often involves profound contradictions: chasing breakouts carries the fear of pullbacks; waiting for pullbacks, however, is unbearable during consolidation.

---

In reality, traders must make a clear choice between these two options—if they decide to capture breakouts, they should accept the risk of price pullbacks; if they choose to position themselves during pullbacks, they need the patience to handle market fluctuations. No strategy is perfect; the real risk lies not in the strategy's inherent flaws, but in the missed market opportunities caused by deliberately avoiding these flaws.
The essence of an investment strategy lies in its alignment with the trader's personal style. Different methods have varying requirements in terms of psychology, time, and risk tolerance. Only by choosing a strategy that suits one's own characteristics can it be consistently executed and effective. In other words, long-term investors should naturally accept pullbacks when building positions; with a vision spanning years, why fear months of sideways trading? Short-term traders are better suited to breakout strategies, holding positions for no more than a few tens of minutes, supplemented by strict stop-loss orders. They don't need to be fixated on even the slightest drawdown. Often, what hinders trading isn't market volatility, but rather the investor's deep-seated obsession with "not losing money at all."

In the two-way trading market of forex investment, the trading behavior of traders with different capital sizes differs significantly in nature.

---

For forex investors with small capital, their enthusiasm for short-term high-frequency trading, seemingly professional investment operations, is actually more like a game with entertainment elements. Conversely, the low-position, long-term trading strategies adopted by large-capital forex investors, while seemingly lacking the excitement of high-frequency trading and resembling casual entertainment, actually contain rigorous planning and strategy, and are essentially genuine investment activities.
In the foreign exchange and gold trading markets, the behavior of many small-capital investors is particularly noteworthy. Many of them appear to be investing, but in reality, their actions bear many similarities to gambling. These investors generally have relatively small capital, mostly ranging from a few thousand to tens of thousands of US dollars. However, in stark contrast, they often use extremely high leverage in their trading. Currently, leverage of 500x or 1000x is quite common in the market, and some trading platforms even offer leverage as high as 2000x. Such high leverage ratios undoubtedly amplify the risks of trading to the extreme.
A deeper examination of the trading mentality of small-capital investors reveals that the core driving force behind their participation is the desire for "get rich quick." They generally harbor unrealistic profit expectations; many hope to achieve a 10%-20% return in a month of trading, or even aspire to double their capital. Such a mentality and expectations deviate from the essence of investment and are not true investment behavior. It's important to understand that high returns inevitably come with high risks. When investors blindly pursue monthly returns of 10%-100%, they are essentially facing an equal or even higher risk of loss. In extreme cases, not only could they lose 10%-100% in a single month, but they could also lose everything, wiping out their entire capital.
From the perspective of the trading environment, the high leverage tools and high position limits offered by forex trading platforms can easily lead small-capital investors lacking risk control skills into a state of disarray. This feeling of being out of control is very similar to the mentality of wanting to increase bets after losing money in a casino. Many investors, after incurring losses, not only fail to cut their losses and exit the market in time, but also further increase their investment in their eagerness to recoup their losses, ultimately leading to ever-expanding losses and a vicious cycle.
For small-capital forex investors, it is not recommended to equate forex trading with traditional investment activities. Instead, they should rationally view it as a form of entertainment, like playing a game, simply enjoying the excitement that trading brings. At the same time, it is even more important to establish a rational understanding that "trading is consumption" and regard the funds invested in foreign exchange trading as consumption costs paid to obtain emotional value and enjoy the thrill. One should not have too high expectations for the recovery of principal and profits. Only in this way can one maintain a peaceful mindset during the trading process and avoid falling into risk traps due to excessive pursuit of returns.

---

• 
• 

---

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

---