Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management
Observe the moving average horizontally and the candlestick chart vertically. For long-term investment, the moving average is important, while for short-term trading, the candlestick chart is important.
In the technical analysis of financial markets, the moving average and the candlestick chart are two core tools, corresponding to different trading strategies. The moving average is usually used to guide long-term investment decisions, while the candlestick chart is more suitable for the analysis of short-term transactions. Through programming skills, many trading indicators have been deeply reprogrammed and empirically tested, and the results show that most indicators have limited effect in actual trading. In particular, those auxiliary indicators that are not synchronized with price trends, such as MACD, are even more questionable in their practicality. Among many indicators, the moving average stands out because of its direct correlation with prices, although it may lose its guiding role when multiple moving averages are intertwined. At this time, the best strategy is to wait and see and avoid blind operations. The moving average is a horizontal analysis tool, and the candlestick chart is a vertical analysis tool. The two complement each other. Focusing on the weekly chart and adopting a weekly strategy reflects a long-term and large-capital thinking mode, which can usually avoid major losses. Especially when not using leverage, investors can face market fluctuations more calmly. Ultimately, the investor's vision determines the excellence of his strategy.
Split daily candlestick charts to find short-term trading entry opportunities from the chart.
In the field of short-term trading, traders often use daily candlestick charts to capture the best time to enter the market. Candlestick charts of different time spans show different trading frequencies: daily candlestick charts may only show one potential trading opportunity, while 4-hour and 1-hour candlestick charts may show 6 and 24 opportunities respectively. Further refinement, 15-minute, 5-minute and 1-minute candlestick charts may show 96, 288 and 1440 trading opportunities respectively. However, just as the complexity of the choices may lead to decision-making difficulties, traders may feel overwhelmed and difficult to finalize the best entry point when faced with so many trading opportunities. It is worth noting that candlestick charts with longer time periods are usually more reliable in predicting market dynamics. For example, although the 1-hour candlestick chart has more trading opportunities, its prediction accuracy may be slightly lower than that of the 4-hour candlestick chart. The daily candlestick chart, with its least trading opportunities, gives the highest prediction credibility.
Trading Normality: Seek certainty in uncertainty, seek stability in fear, and seek understanding in ignorance.
The trading industry is a field that only focuses on results and not processes. The trading process is full of uncertainty, and the trading results are often unprofitable. Success means seeking certainty in the trading process and achieving profitability in the trading results. If you know your system well, know the maximum drawdown, and know that long-term execution can bring benefits, then you will not suffer. All pain comes from the fear of the unknown. People who understand are often silent, while those who don’t understand chatter. Those who know do not speak, and those who speak do not know. Everyone needs to go through this process. Looking back at the past, I once said things I did not understand and conducted transactions I did not understand. I did not understand when I had money, but I had no money when I understood. When I had money and skills, my courage disappeared. I have skills, funds and market conditions, but I am in poor health because of staying up late every day. Investors and traders may face situations that they cannot get what they want and lose what they get every day. They need to deal with it calmly no matter what, because life is short and there is no other choice. It is best not to have too much emotional fluctuations, which is beneficial to longevity and profitability.
Investors and traders should not be afraid, impatient, regretful, or sad.
The life journey of investors and traders at different stages is like the curve of trading products, with ups and downs, alternating between rises and falls, showing a wave-like forward trend with peaks and troughs interlaced. As long as it is venture capital rather than fixed income investment, it is bound to be sailing against the current and living towards death. It is impossible to have a smooth journey. If there is a smooth sailing situation, it is either a lie or a fairy tale.
When you first enter this industry, it may be difficult to find a good trading method. This is a normal phenomenon. No university in the world offers trading skills courses. After figuring out the investment and trading methods, you will face the problem of capital shortage. It is difficult to make huge profits with scarce funds. Recognizing this fact, you can calmly rely on investment to gradually accumulate original funds. If you encounter setbacks in the investment process, it may even affect your personal health and even risk bankruptcy. At this time, you need to take timely adjustments and compensatory measures. Even if there is an irreversible situation, there is no need to regret it. Life always requires choices. Everyone's unique life is actually their own destiny that is difficult to defy. Even if you have done almost all the work, you still cannot get huge investment returns and become famous. But if you think about it, you can support your family through investment and trading, get rid of the constraints of work, and always be free and at ease. This itself shows the style of a winner in life. Why should you be sad for the rest of your life? You should be content with what you have.
Look at the 10,000-hour rule dialectically, and you should learn from it instead of copying it mechanically.
Genes and acquired environmental trauma determine the internal drive and dreams of investors and traders, and the internal drive and dreams of investors and traders determine their future achievements. People who mature early and have a quick understanding may only need 5,000 hours; people who mature late and have a slow understanding may need 20,000 hours. Whether it really takes 10,000 hours, those who have realized the truth think it is correct, and those who have not yet realized it think it is wrong. Stupid but successful people think it is right, while smart people who make a living by selling courses think it is wrong, because if it is right, no one will buy his courses and secrets. However, it must be clearly realized that the accumulation of trading experience does not rely solely on the accumulation of time. Although it can be used as a reference, it cannot be mechanically followed or blindly copied, otherwise it will violate the original intention of the 10,000-hour rule. It varies from person to person, and the results are different. Maybe some people can realize it quickly, or some people may struggle for a lifetime. There is no fixed timeline at all. It should not be limited by time. 10,000 hours may not be effective, but 10,000 trading experiences will definitely help trading. 10,000 transactions can be seen intuitively, but 10,000 hours are difficult to observe.
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