Forex investment experience sharing, Forex account managed and trading.
MAM | PAMM | 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
Forex proprietary firms that use virtual funds are essentially gambling houses.
These firms use various means to attract Forex traders to participate, but in reality, their profits mainly come from the fees of those traders who fail. This model is very similar to that of a casino, where the fees paid by traders are like chips to participate in a gambling game, and the rules of the game clearly favor the Forex proprietary trading firm (casino).
Forex traders pay fees to participate in a gambling game that clearly favors the proprietary firm. It should be clear that this is a gambling game, not a game of skill. Although traders may have mastered various analytical methods and trading techniques, these cannot really work in the environment of virtual funds. No Forex trader can accurately predict market or currency movements, because these movements are often random and unpredictable. Moreover, since Forex traders are not actually making real transactions, they are just betting on currency movements, which is no different from betting in a casino.
This model is not real forex investment or forex hedging, nor is it real forex trading. To forex traders, it seems no different than putting money into a slot machine and pulling the lever. Yet many traders still participate, perhaps because of their misunderstanding of the market or their desire for wealth. In fact, data from forex proprietary companies show that 99% of forex traders lose money all the time, while only a very small number of them can actually make a profit. It seems an unrealistic fantasy to think that a forex trader will always be one of the 1% of winners in forex investment, profit in a meaningful way and reliably accumulate wealth.
Forex proprietary companies that use virtual funds are essentially similar to gambling venues.
These companies use various means to attract forex traders to participate, but in fact, their profits mainly come from the fees of those losing traders. This model is very similar to a casino, and the fees paid by traders are like chips to participate in a gambling game, and the rules of the game clearly favor the forex proprietary trading company (casino).
Forex traders pay fees to participate in a gambling game that is clearly in the interest of the proprietary firm. To be clear, this is a gambling game, not a game of skill. Although traders may master various analytical methods and trading techniques, these cannot really work in the environment of virtual funds. No Forex trader can accurately predict market or currency movements, because these movements are often random and unpredictable. And because Forex traders are not actually making real trades, they are just betting on currency movements, which is no different from betting in a casino.
This model is not real Forex investment or Forex trading hedging, nor is it real Forex trading. To Forex traders, it seems no different than putting money into a slot machine and pulling the lever. However, many traders still participate in it, perhaps because of their misunderstanding of the market or their desire for wealth. In fact, data from Forex proprietary companies show that 99% of Forex traders lose money all the time, and only a very small number of them can actually make a profit. It seems an unrealistic fantasy to think that a forex trader will always be one of the 1% of forex traders who make money in a meaningful way and reliably accumulate wealth.
Globally, governments and institutions generally want to maintain their dominant advantage in wealth and do not want most people to be able to make money easily.
This is because if individuals or independent entities can easily accumulate wealth, it will be difficult for governments and institutions to tax them, which will weaken the government's fiscal revenue and economic regulation capabilities. In addition, the accumulation of personal wealth will enhance personal initiative and energy. When ordinary people become rich, the authority of the government may be challenged and its superiority will be weakened. If most people achieve financial freedom, the government and institutions will lose the object of rule. Therefore, governments and institutions often do not want individuals or independent entities to easily make a lot of wealth through investment transactions.
Foreign exchange investment platforms, brokers and institutions also follow similar logic. They do not want most forex traders to make money. If traders make money and withdraw funds, they may choose to enjoy life and stop investing and trading. On the contrary, if traders lose money, they often try to recover their losses or at least break even, which allows investment and trading activities to continue. This model is in the interests of foreign exchange investment platforms because continued trading activities mean more fees and income.
The same is true for large fund companies. They do not want customers to make a lot of money and withdraw funds, because this will cause customers to stop investing. Instead, fund companies take advantage of customers' psychological weaknesses and make customers lose money, so that customers are reluctant to redeem their principal. In this way, fund companies can continue to collect annual fees from customers and maintain a stable source of income. Although this model is not good for customers, it is an effective profit strategy for fund companies.
Most foreign exchange proprietary trading companies are not trustworthy, and the so-called "opportunities" they provide are often full of traps and fraud.
Countless foreign exchange investment traders have participated in the challenges of these companies, but almost no one can really win or get a reward. These traders spend countless hours in front of their computers, but they are just doing useless work, wasting a lot of time and energy. The services provided by these foreign exchange proprietary trading companies are usually based on simulated liquidity within their own servers, and some even use their own brokers directly. This model is worse than the simulation platform of foreign exchange brokers, because the simulation platform of foreign exchange brokers at least has no conflict of interest, no human intervention and mischief. Foreign exchange proprietary trading companies are different. They have a direct conflict of interest with the participating foreign exchange investment traders. The goal of these companies is not to pay prizes to challengers, but to make traders fail through various means, so as to occupy their challenge fees, registration fees and examination fees.
In the field of foreign exchange investment trading, many traders finally choose to return to foreign exchange investment trading brokers after experiencing the various problems of foreign exchange proprietary trading companies.
Foreign exchange proprietary trading companies usually have some obvious disadvantages. For example, the spreads or commissions they offer are often higher, which means that traders need to pay higher transaction costs. In addition, swap fees for overnight holdings are also usually higher, which further increases the burden on traders. The rules of foreign exchange proprietary trading companies are usually extremely unfavorable to ordinary foreign exchange investment traders. These rules are complex and strict, which restricts traders' freedom of operation.
Trading strategies such as short-term trading, ultra-short-term trading and scalping are common concepts in foreign exchange investment trading education and training, but these strategies often lead to the foreign exchange investment trading market being given a casino-like image. These strategies emphasize rapid entry and exit of the market and the pursuit of short-term profits, but this trading method is extremely risky and vulnerable to market fluctuations. Many foreign exchange investment traders have begun to re-examine foreign exchange investment trading brokers after experiencing disappointment with foreign exchange proprietary trading companies. In contrast, although foreign exchange investment trading brokers have their own shortcomings, they usually perform more reasonably in terms of transaction costs, rule transparency and customer service. Therefore, after testing foreign exchange proprietary trading companies, many traders have to admit that they prefer foreign exchange investment trading brokers to foreign exchange proprietary trading companies. The countless rules and restrictions of foreign exchange proprietary trading companies make traders extremely disappointed, and the probability of profit is much lower than the probability of trading using foreign exchange broker platforms.
13711580480@139.com
+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
China · Guangzhou