Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management
When dealing with pressure in foreign exchange investment trading, the key lies in maintaining a professional mindset that is stable and focuses on the long term.
First of all, one must not have the expectation of quickly obtaining huge wealth through trading, as this kind of mindset often leads to excessive risk-taking. Instead, investment funds should be controlled at a level where even if losses are incurred, they will not affect daily life. At the same time, adjust the investment position to a degree where even if there are fluctuations in the market, it will not cause emotional fluctuations, so as to maintain calmness and objectivity.
In addition, setting reasonable stop-loss points is a key measure for risk management. In this way, unnecessary anxiety caused by market fluctuations can be effectively avoided, thereby improving the quality of life and sleep. Over time, this kind of mindset helps improve the quality of trading decisions.
The "pillow law" emphasizes the importance of long-term survival and adhering to value investing. Only by surviving long enough can one enjoy the benefits brought by long-term investment. This means that by maintaining patience and perseverance, investors can better seize market opportunities and will not be swayed by short-term fluctuations.
Foreign exchange investment traders should focus on accumulation, persevere in using a few tools that have been proven effective in practice, abandon the fantasy of epiphany secrets, and firmly pursue a stable investment path.
In the foreign exchange market, after trying many analysis tools and strategies, participants often experience a cognitive transformation and then gradually achieve stable returns. Generally speaking, success is a gradual accumulation process, not an overnight breakthrough. This is similar to the gradual transition from basic education to higher education in the education system. In the trading field, there are mainly two types of strategies that can bring profits: one is strategies that are not well-known to the public, and the other is strategies that the public finds it difficult to adhere to and implement. In the trading world, there is no so-called "epiphany." All insights are gradually obtained through continuous learning and practice. Among the many available technical indicators, only a few such as moving averages and candlestick charts have been proven to be effective. Most traders will experience many so-called "enlightenment" moments in their trading careers, but these moments are often accompanied by significant financial losses. Only when they stop pursuing this kind of "enlightenment" can they truly begin to embark on the road of stable trading.
In foreign exchange investment trading, one should focus on trend trading rather than oscillating trading.
Be dedicated to capturing the main trend of the market and avoid excessive trading in the oscillating market, as this may cause interference to your decision-making process. The market is in an oscillating state for most of the time, and it is often difficult to accurately predict the specific start and end times of the real trend.
Many traders spend a great deal of time in the oscillating market and fall into a fixed mindset, which makes it difficult for them to recognize and seize the real trend. Even if the trend appears, they may miss the opportunity due to previous oscillating trading.
Therefore, the recommended strategy is to focus on trend trading rather than oscillating trading. The foreign exchange market is in a state of dynamic change, and our trading strategies should also be adjusted accordingly. Trading decisions should not be based on intuition. Whether it is buying or selling, there should be a clear analytical basis.
In foreign exchange investment and trading, mature traders attach importance to trading philosophy and hold a cautious attitude towards technical analysis.
Walking with the wise can improve trading levels. Educational methods have different levels and reflect in-depth effects. Mature traders tend to discuss concepts. Because concepts have lasting value while techniques are prone to becoming outdated. However, concepts can also change. Some technical indicators have a certain degree of persistence based on basic market elements.
Those who only focus on concepts may not necessarily be mature traders. Some people study concept psychology due to limited technical knowledge. Concept is the guiding principle, strategy is the implementation method, and technology is a tool. The three are derived from each other. Judgments are based on factual data. Mature trading is a complex game. If only relying on unchanging technology without emotions and dreams, computers will dominate. Excellent mentors guide students to form trading systems. Mature trading techniques are obtained through practice and understanding. Top traders cultivate themselves to adapt to market changes. Geniuses are mostly self-driven. Systematic learning is not suitable for everyone. This view is not rare because individual differences are often overlooked.
In the field of foreign exchange investment and trading, philosophy can play a psychological auxiliary role for traders who have already made profits and want to break through the limitation of capital scale.
Senior people often discuss trading philosophy from the very beginning because it can provide a framework and help them understand the market and make decisions from a macroscopic perspective. Philosophy is different from technology in flexibility and abstractness. Philosophy and Buddhism are difficult to be falsified, while technical analysis can be verified by market data. Discussions on profound concepts may attract respect or dislike. Some people think that those who emphasize trading philosophy may not be sincere. For example, the content of trading philosophy books written by well-known traders may be difficult for the authors themselves to fully explain. Their success may be due to information advantages rather than technical analysis ability. Experts such as Weinstein perform well in technical analysis. Their theoretical methods are useful for those who seek long-term strategies. Buddhism is helpful for those who are impatient and need psychological balance.
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