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
In the world of forex trading, media and social networks are both powerful tools and can be well-laid traps.
On the one hand, the media often reports on successful forex traders making billions of dollars or shows young successful traders showing off their lavish lifestyles on social media. These stories are very tempting, but can also be discouraging, especially for traders who are just starting out. They may feel frustrated that they cannot reach such achievements and even doubt their abilities.
On the other hand, media and social networks could have motivated forex traders to work harder and more disciplined to improve their trading skills. However, for most inexperienced forex traders, this motivation often has the opposite effect. Trying to keep up with the pace of top traders can lead to unrealistic expectations, which in turn leads to unnecessary risks and subsequent frustration. In their pursuit of quick profits, many forex traders tend to underestimate the risks of trading, blindly follow the crowd instead of sticking to their own strategy, and end up in a quagmire of losses. Additionally, forex traders often experience a fear of missing out, a mentality that causes them to over-trade unnecessarily, further exacerbating losses.
In addition, information inflation in forex trading is also a prominent issue today. Information from a variety of sources, such as various analyses, economic reports, blogs, forums, etc., overwhelms forex traders with a disproportionate amount of information. As a result, forex traders often receive conflicting information and forecasts that are difficult for them to process effectively, resulting in a distraction from focusing on the truly important information. This information overload prevents forex traders from making informed decisions and making them hesitant in executing trades because they lose confidence in their strategies. This not only causes unnecessary stress and anxiety, but can also lead to a loss of motivation and even impulsive behavior that is not based on strategy.
Forex traders’ rich investment experience and a cool emotional head are the foundation for investment success.
At a mature age, forex traders have accumulated more experience and are better able to evaluate potential scammers and the various worthless courses that are being sold to them by those who claim to be gurus. At the same time, mature traders do not have to prove anything to others all the time, so they can focus more on the trading process rather than blindly pursuing high returns. They are not looking for the so-called "holy grail" and quick profits, nor do they want to gamble. Instead, they want to reduce risk by diversifying their investment portfolio, and forex trading is a good way to expand the portfolio of investment tools in which they have already invested money.
The learning process for forex traders may not be as challenging as many people think. Although young people may learn faster, rich experience and more time to learn are the right way to trade successfully. Traders do not have to rush for success, and the knowledge and insights gained from previous jobs can help them understand some background that they may not have thought of when they were young. In addition, as they grow older, traders are already able to judge what works for them and do not have to spend too much time looking for the right methods that they will eventually use in trading. In contrast, young forex traders usually prefer day trading and scalping because they are eager to make a lot of money immediately. However, as they get older, traders may become more comfortable with swing investing or position trading, which means fewer trades and less stress, which is of course another benefit in the long run.
Forex trading itself is a journey of continuous learning and improvement, so it doesn't matter whether you start at a young age or at a more mature age. The basic premise for successful trading is the same, regardless of age, gender, education, etc. Without discipline, patience or the willingness to learn new things, a trader will not stand a chance at any age. If a Forex trader is born with careless or rash personality traits, and even after a long time to change, they still cannot overcome them, then they are better off giving up the investment trading industry. Because, careless or rash personality traits make it difficult to succeed in anything.
When a Forex trader considers joining a Forex proprietary trading company, it sounds like a rare opportunity if the company also provides free training.
However, there may be some problems behind this. If this is a formal foreign exchange proprietary trading company, then it may only be suitable for technically mature foreign exchange investment traders to try. Because these companies usually have a time limit for same-day closing, which means that traders must complete the transaction and close the position on the same day. This time limit itself increases the uncertainty and risk of trading, which is essentially similar to a kind of gambling. No matter how good the foreign exchange proprietary trading company is, this requirement of same-day closing may make many traders feel stressed.
For foreign exchange investment traders, there is nothing wrong with joining the free training program itself. Generally speaking, successful foreign exchange proprietary trading companies do cultivate many successful foreign exchange investment traders. For these companies, one more trader joining the training will not add too much burden, and one less trader will not affect the overall operation of the company. They are more worried about traders not being able to learn to make a profit, rather than traders leaving. Because only when traders can make a profit can the company benefit from it. Therefore, these companies pay more attention to the profitability and learning ability of traders, rather than the simple increase in the number of people.
Unlimited time-limited Forex proprietary firms offer great flexibility to Forex traders, allowing them to freely decide the duration of their trades based on their trading strategies and market conditions.
This model has no minimum time limit for holding open positions, and traders can choose when to open and close positions based on their own analysis and judgment without being bound by any time constraints.
On the other hand, some Forex proprietary firms may set a minimum trading day requirement, although they do not limit the minimum number of days that traders must open trading positions. This requirement ensures that traders remain actively trading for a certain period of time, but does not limit the specific duration of trading. Conversely, other firms may not have a minimum trading day requirement, but will introduce a minimum time limit for holding open positions. This restriction is usually intended to prevent traders from trading for too short a period of time, thereby reducing the impact of high-frequency trading.
Top unlimited time-limited Forex proprietary firms offer their Forex traders the most flexible position holding options, with neither a minimum nor a maximum time limit. This flexibility means different things to different types of traders. Some proprietary forex brokers require forex traders to hold positions for a few seconds, which is a big problem for scalpers who usually stay in the market for a few minutes. While this rule ensures that proprietary forex brokers avoid arbitrage and front-running, high-frequency traders may find it difficult to comply with this rule. For swing traders, the lack of a minimum trading day limit may be more beneficial because they need a longer time to observe market trends and make decisions. However, for high-frequency traders, an environment without time limits may be more useful because they need to enter and exit the market quickly to capture short-term fluctuations.
In the world of forex trading, there are some unspoken rules in forex proprietary trading companies that can have a significant impact on traders' performance.
Top proprietary forex brokers usually provide a full description of the rules on their website, but some companies do not provide full disclosure of all trading rules and restrictions. These undisclosed rules are called unspoken rules, and they have the potential to ruin trading performance and frustrate forex traders. Hidden rules are often overlooked during the registration process, which puts forex traders at considerable risk.
The trading rules of a forex trading company are usually clearly displayed on the company's website, ensuring that traders understand all trading conditions before starting the evaluation. Although hidden rules are legal and it is impossible to take legal action against companies that adopt such strategies, they certainly lack an ethical basis. Ethical forex trading companies describe and list all rules in a dedicated section of the website and ensure that forex traders can clearly understand all conditions before starting the challenge. However, not all forex trading companies are ethical. Some forex trading companies charge forex traders' challenge fees, examination fees, registration fees, etc. with complex or even obscure rules, which are difficult to discover and comply with. Worse, some forex trading companies often change their rules without prior notice, which is extremely unethical for registered traders.
As a forex trading company, understanding the hidden rules and comparing them with your own trading strategy is the key to ensuring peace of mind in trading. Understanding common hidden rules is a way to reduce stress and confusion. Hidden rules are usually divided into soft violations and hard violations. Hard violation rules are usually daily, with maximum loss limits that will result in the termination of the funding account. If a forex investment trader violates any hard violation rules, their account will be frozen and they will lose the fees on their account. Therefore, it is key not to violate any hard trading rules to avoid losing the account and fees. On the other hand, soft violation rules usually end with a liquidation or account freeze. A forex investment trader's account freeze is more disadvantageous because the trader needs to contact the forex investment trading proprietary company and ask them to unfreeze the account or pay a small fee. Usually, the forex investment trading proprietary company will close the open positions that violate the soft violation rules, which is less harmful to the forex investment trader.
Different forex proprietary companies may have different hard and soft rules, which makes hidden rules especially dangerous. The hidden rules of forex proprietary companies are often the main reason for forex investment traders to lose their funding accounts. Therefore, traders must act with caution when choosing a forex proprietary company, carefully study all the rules, and make sure they can abide by them to avoid unnecessary losses.
13711580480@139.com
+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
China · Guangzhou