Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management
In foreign exchange investment trading, whether intraday trading has long-term value is a rather complex issue.
Some long-term foreign exchange investors may engage in intraday trading under specific circumstances, such as when the market shows a clear trend or is at a key turning point, taking this as an opportunity to obtain quick profits. In this case, if the market trend is strong, whether it is at a historical high or low, conducting short-term trading and exiting in a timely manner after making a profit is a relatively wise decision. However, if there is a loss in trading, it can be considered to be included in the category of long-term investment for retention.
Under certain market conditions, intraday trading may be profitable, especially when there are large fluctuations in the market. However, most successful traders tend to prefer medium- and long-term investments and focus on fundamental analysis. For small amounts of capital, under the condition of low cost, intraday trading may be a relatively appropriate choice, especially when the trading time is shorter.
However, intraday trading is not without risk. High leverage, heavy position operations, frequent trading, and trading strategies that rely on intuition are very likely to lead to rapid financial losses. In contrast, using low leverage, conducting reasonable position management, conducting longer-term trading, reducing trading frequency, and adopting strategy-based trading methods are more likely to achieve stable profits.
Individuals' views on intraday trading may change over time and with the accumulation of experience. Some people may initially think that intraday trading has promising prospects, but as they conduct in-depth research on the market, they may change their views. It is crucial that every trader should formulate a trading strategy that suits them according to their own situation and market conditions.
In the field of foreign exchange investment and trading, the performance of professional traders directly affects their wealth status. Exquisite skills can bring substantial returns, while mistakes may lead to setbacks. Some traders may choose to change careers to seek balance and finally move forward in continuous growth.
In the fierce competition of the foreign exchange investment and trading financial market, the fates of foreign exchange investment traders present diversified development paths. On the one hand, traders with excellent trading skills and in-depth market understanding can achieve wealth accumulation and become leaders in the market. They not only master the art and technology of trading but also show maturity and charm beyond ordinary people, and can be regarded as successful models. On the other hand, due to market fluctuations and personal decision-making mistakes, foreign exchange investment traders may face the risk of losses or even bankruptcy. In this case, they may choose to leave the market, look for a new way of life, or repay debts through other channels. In addition, some traders, after experiencing market fluctuations, realize that trading is not a long-term career choice, so they exit this field and turn to pursue achievements in other fields.
Eventually, foreign exchange investment traders may pursue a balanced living state, whether it is to achieve financial freedom through trading or to achieve stability and inner peace in life through other means. In this process, they may experience emotions such as loneliness, solitude, and sadness, but they may also reach the realm of unity of knowledge and action through reflection and growth and live in harmony with their own trading systems. Some foreign exchange investment traders can even transform their trading skills into broader social influence, such as becoming policy makers or leaders and playing a role in a wider field.
In short, the career of a foreign exchange investment trader is a process of continuous learning and adaptation. The outcome depends on personal choices, efforts, and market changes. Importantly, no matter what the result is, one should draw experience from it and continuously grow and progress.
The key to determining the timing of foreign exchange investment and trading lies in accurately identifying cyclical patterns.
A shorter time frame can be used to identify breakout points for trading operations, while a longer time frame is mainly used to look for pullback opportunities. Within a shorter time frame, such as in a 1-hour chart, the closer the intervals on the candlestick chart, the more significant its indicative meaning is usually. In an ideal situation, a position with an interval of 1 to 2 1-hour candlesticks should be selected to carry out trading operations.
For a longer time frame, such as a daily chart, it can be used to identify pullback points. In foreign exchange investment trading strategies, using support and resistance levels is a relatively common practice, but this may also mean that challenges brought by false breakouts need to be addressed. Short-term trading is usually implemented at breakout points, while long-term foreign exchange investment trading is carried out at pullback points.
It is worth noting that shorter time periods are often accompanied by more market noise, which may interfere with trading decisions and have an impact on profitability. Relatively speaking, longer time periods show stronger market trends, and thus can provide more reliable profit opportunities.
The effectiveness of foreign exchange trading strategies is affected by many factors, including capital scale, mentality, technology, time frame, personality matching, internal mental method and personalized adjustment.
First of all, there are differences in capital scale. Some strategies may be designed for large-scale capital, and small investors may not achieve the same effect when adopting them.
Secondly, the coordination between mentality and strategy is crucial. Some strategies require investors to have patience and calmness. If individuals tend to make quick decisions, it may lead to poor strategy effects.
Furthermore, there are differences in technical execution. Different strategies have different requirements for technical execution. If technical execution ability does not match the strategy, the expected effect may not be achieved.
In addition, the matching degree of investment time frame will also affect the effectiveness of the strategy. There are differences in operation logic and time management between long-term strategies and short-term transactions. Mismatching may cause the strategy to fail.
At the same time, the fit between personal character and strategy cannot be ignored. The successful implementation of a strategy requires a fit with personal character, otherwise it is difficult to adhere to it for a long time.
In addition, the lack of internal mental methods may lead to ineffective strategy implementation. Experts usually have an internal trading philosophy.
Finally, personalized adjustment of strategies is essential. Successful trading requires continuous adjustment of strategies based on personal character and experience to form a trading system suitable for oneself.
In foreign exchange and gold trading, whether to adopt a short-term strategy or a long-term strategy mainly depends on factors such as the scale of capital, position size, and personal personality characteristics.
Long-term trading is not easily adhered to by ordinary people. It is not that most people do not want to conduct long-term trading subjectively, but rather that it is often difficult to hold in actual operations. Short-term trading faces greater pressure. Most people choose short-term trading usually due to limitations of their own conditions. This is closely related to an individual's capital position status, trading habits, and psychological construction level. Long-term trading has its unique advantages, and short-term trading also has corresponding benefits. As for which one is better between the two, there is currently no unified standard. The United Kingdom is the birthplace of margin foreign exchange trading. According to statistical data, about 75% of British foreign exchange traders are short-term traders, and long-term and swing traders account for about 25%. Trading itself is uncertain. Short-term trading is more uncertain compared to long-term trading. From a theoretical perspective, long-term trading has more advantages.
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