Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management
In the field of foreign exchange investment and trading, every foreign exchange investor and trader needs to maintain confidence and must not develop an inferiority complex due to the achievements of others.
Small foreign exchange investors should not belittle themselves because of the success of large investors. After all, success does not only depend on technology. Luck also plays an important role that cannot be ignored. There is no need to feel inferior in the face of power because the use of power is not always reasonable and legitimate, and power is not completely equivalent to personal value.
In interpersonal relationships, an individual's value should not be defined by the evaluations of others. In some aspects, such as appearance, wealth, or power, people may develop an inferiority complex, but this inferiority often stems from excessive attention to these factors. If a person does not care too much about these external factors, then even in the face of people who perform outstandingly in these fields, they will not feel inferior.
An intellectual who has no interest in money is unlikely to feel inferior in front of rich people. Similarly, a person who is focused on their own field will not develop an inferiority complex due to the wealth or fame of others.
What is important is that we should maintain a balanced attitude, neither underestimating nor overly emphasizing external factors. In this way, our lives will be more resilient and we will be able to face various situations with a peaceful mindset. We will neither be self-abased and discouraged nor arrogant and conceited. In this way, we can better focus on our own growth and development without being influenced by external evaluations.
Will successful foreign exchange investment traders pass on their trading skills to the next generation?
Can their children inherit this skill and thus ensure that the family can maintain a stable life through trading for generations? Although there is a possibility of imparting knowledge, the probability of successful inheritance is actually relatively low. Trading skills are somewhat similar to the talents of athletes or actors and have a certain degree of congenital nature to some extent. Even top foreign exchange investment traders cannot ensure that their children have the same trading talent as themselves. However, if parents can teach some basic trading knowledge in advance, then at least when children become interested in trading, they can help them avoid some common pitfalls.
Foreign exchange investment trading is an extremely challenging field. Without sufficient enthusiasm and a certain talent, it is difficult for ordinary people to succeed in the foreign exchange investment trading industry. Even if they are interested, the difficulties in the learning process and the investment of time and money are also a huge test for many people. This is relatively similar to starting a business. The probability of success is very low, and failure may seriously affect the quality of life. But if parents can give guidance and support and reduce the cost and risk of trying, this is undoubtedly very valuable.
Although children are their descendants, they are also independent individuals with their own thoughts and choices. What parents should do first is to respect the wishes of their children instead of imposing their own wishes on them. The final decision should be based on the interests and preferences of the children.
In the field of foreign exchange investment and trading, "bottom fishing and top touching" refers to the operational behavior of buying when the market is at its lowest point and selling at the highest point.
This is usually regarded as an extremely difficult and highly risky investment strategy. Different stages reflect the continuous deepening of investors' understanding of the market and the gradual evolution of strategies.
I. Primary stage
In the primary stage of foreign exchange investment and trading, traders may frequently try to identify the top and bottom of the market. There may be several such so-called "opportunities" every week. At this stage, they will realize that the behavior of frequently trying to bottom fish and top touch is not a wise move. This is just like seeing a mountain for the first time and simply intuitively thinking that it is just a mountain.
II. Intermediate stage
As experience gradually accumulates, foreign exchange investment traders begin to reduce the frequency of trying to bottom fish and top touch. There may be only a few times a year. They begin to realize that although they previously thought that bottom fishing and top touching were wrong practices, with a deeper understanding of the market, this strategy may be feasible. This is like looking at the mountain again and beginning to realize that the mountain is not just what it seems on the surface. There are more meanings and possibilities behind it.
III. Advanced stage
For experienced foreign exchange investment traders, there may be only one opportunity to bottom fish and top touch every few years. At this stage, they already have a profound understanding of market dynamics and realize that bottom fishing and top touching at the right time can bring generous returns. This is just like looking at the mountain for the third time. The mountain in their eyes is still a mountain, but they can already perceive the whole picture of the mountain and the deeper meaning it represents.
People who truly understand the market will recognize that bottom fishing and top touching can become a lucrative strategy under appropriate conditions, but this is mainly applicable to medium and long-term trading. For intraday short-term trading, due to its complexity and uncertainty, I am not familiar with it and thus cannot make an accurate assessment.
The personality traits of foreign exchange investment traders play a crucial role in the entire trading process.
It should be clear that only by finding a trading method that best matches one's own personality is it possible to achieve stable profitability. However, it is regrettable that many people still cannot accurately analyze their own personality types even after a long time. This is indeed a problem worthy of in-depth thinking because the implementation of the trading system is closely related to one's own personality. Only those trading systems that fully conform to one's own personality traits can be stably implemented in the long-term trading process.
We must clearly recognize that other people's trading systems may not be suitable for ourselves. Just as in the trading field, everyone has a unique personality code, and this code determines the trading method suitable for oneself. For example, some people can tolerate a large proportion of drawdowns, perhaps because they have stronger psychological endurance and risk preferences. For those who cannot tolerate a large proportion of drawdowns, their trading systems are obviously not suitable. Because once facing a large drawdown, such people may fall into anxiety and uneasiness, which in turn will affect subsequent trading decisions. Therefore, we cannot blindly imitate other people's trading systems. Instead, we should deeply understand our own personality characteristics and find the trading method that is truly suitable for us. Only in this way can we walk more steadily and for a longer time on the road of foreign exchange investment trading.
In the field of futures and foreign exchange investment and trading, even if investors successfully accumulate huge wealth, such as reaching a scale of 1 billion, however, when considered from various aspects, this kind of success may still be inferior in some specific aspects to the stability and social status possessed by a grass-roots civil servant.
The work of grass-roots civil servants usually has a relatively stable source of income, a clear and definite career development path, and a high degree of social recognition. In futures and foreign exchange trading, although the accumulation of wealth may be quite remarkable, market uncertainties and risks always accompany it.
If taking a profit of 5 million as the measurement standard, compared with grass-roots civil servants, it may indeed lack sufficient attraction. In addition to stable salary and treatment, grass-roots civil servants also enjoy a relatively complete social security system and a certain sense of professional honor. In futures and foreign exchange trading, although a profit of 5 million can also be regarded as a considerable amount of wealth, considering the risks and uncertainties in the trading process and the possible market fluctuations that may be faced later, its attractiveness is relatively limited.
However, when wealth accumulates to the billion-level, a major qualitative breakthrough has been achieved. This influence stems not only from the amount of funds, but also from the meaning represented behind it. At this time, funds are no longer just simple currency, but represent the power of capital, means of production, labor force, and resource allocation.
For ordinary people, money is to a certain extent a symbol of power and also an important tool for exercising power. Having sufficient wealth can play a role in many aspects, such as supporting charitable causes, promoting social progress, and realizing personal dreams and goals. However, we should also recognize that money is not omnipotent and it cannot replace important values such as morality, emotion, and interpersonal relationships. In the process of pursuing wealth, we should also pay attention to our own moral cultivation and social responsibilities to achieve more comprehensive and sustainable development.
13711580480@139.com
+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
China · Guangzhou
13711580480@139.com
+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
China · Guangzhou