Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management
10,000-hour rule and experience skills (ART): different perspectives of the same concept.
The 10,000-hour rule points out that those extraordinary geniuses in people's eyes are not because of their extraordinary talents, but because of their unremitting efforts.
ART means technology, not art, and is equivalent to experience and skills. Such skills can only be mastered after a long period of training. In daily life, common experience and skills include painting, sculpture, music, dance, literature, etc. Trading skills are no exception. This is also the reason why universities around the world do not offer trading skills courses. Everything depends on self-study, self-training, and self-realization. The whole process must be completed alone, and the help that teachers can provide is extremely limited.
It is easy to understand if technology is divided into theoretical technology and experience and technology. Theoretical technology can be obtained simply from books, while experience and technology must be obtained through countless personal experiences.
The vast majority of ordinary people, if they are not engaged in trading full-time, have jobs, and investment and trading are only a sideline, will be distracted by work, and may not even spend a thousand hours in their lifetime to study carefully, just because they cannot calm down and sit still. This is a fact that is often overlooked by people.
At the end of the article, the cover of a foreign book is attached to verify the true meaning of experience and skills (ART). If you can understand that the 10,000-hour rule and experience and skills are similar, you can calm down and study your own unique trading system, which is halfway to success. If you work harder, you can achieve financial freedom.
The 10,000-hour rule and the lonely journey of investment traders.
The focus, dedication and unremitting efforts emphasized by the 10,000-hour rule are deeply related to the loneliness experienced by investment traders in the pursuit of excellence. This loneliness is not accidental, but an inevitable result in the pursuit of professional skills.
Investment trading research requires traders to think deeply and avoid external interference to maintain the coherence and depth of their thoughts. When a person is immersed in his own thinking, any interruption may lead to distraction, which in turn affects the quality and efficiency of thinking. For those with perfectionist tendencies, such interruptions are not only uncomfortable, but also likely to cause anxiety and anger.
In a group environment, being disturbed seems to be the norm, but professional investment traders often choose to stay away from the crowd and find a quiet space to think in order to maintain the purity and depth of thinking. This choice is not out of aversion to socializing, but out of respect and pursuit of professional growth.
Why do professional investment traders gradually stay away from socializing and choose loneliness? On the one hand, they may be building their own trading system, which requires long-term independent thinking to avoid interruptions. On the other hand, long-term lonely trading may have become their way of life. They not only adapt to this state, but even begin to enjoy this independence and freedom.
Think about Bodhidharma facing the wall for ten years. What was he doing? Think about the fact that they cannot be disturbed during meditation, and there are meditation and seven-day meditation. What are they doing? In fact, when I just transferred from the industrial factory to the long-term foreign exchange investment, I turned off my mobile phone for three years. Later, almost no one called me. After that, many suppliers and customers invited me to dinner, so I joked to myself: I lost a lot of money in investment, I am depressed, and it is not appropriate to meet. Self-mockery can reduce trouble without appearing arrogant and rude.
It is undoubtedly a supreme enjoyment for investors to trade in an undisturbed environment.
Thinking itself is a pleasant thing, but interrupting thinking is a painful thing. In a conversation, sometimes you can interrupt because you need the other person's inspiration; sometimes you can't interrupt because you need the other person's respect. When investors are under great pressure, their thinking will stagnate or be damaged, and any investment decision made at this time may have a major error deviation.
For investors, working from home has disadvantages: every day they will be entangled in some insignificant trivial matters, and they have to deal with a bunch of meaningless affairs every day. If there is one or more relatives who are busy, it will be even more difficult. Not only will they be frequently disturbed, but they will also lower their mood.
Investors don't have to be afraid of others saying that they are not sociable. This is not a derogation, but should be regarded as a different kind of compliment, so that they can have a peaceful mind. From another perspective: This shows that you are thinking, thinking continuously, and don't want to be disturbed, which is much better than living without a mind. You can't talk when you are thinking, you can't think when you are talking, you have no time to socialize when you are thinking, and you can't think when you are busy socializing. If you are repeatedly interrupted during the investment and trading thinking process, the trader will lose the mood to continue to invest and trade, and continue to think about investment and trading strategies. Eliminating useless socializing is the minimum requirement for successful traders.
Young traders may get angry when they are interrupted. Older investors may not get angry, because they have seen more and look down on everything. Anger often comes from fear, and as you get older, the fear gradually decreases.
Successful investment traders will definitely experience confusion, bewilderment and helplessness, and then they will be enlightened and finally reach a state of clarity.
What you want is not available, and what you get is lost again. You are eager to make money but suffer floating losses. If you are a swing or long-term investor, even if you suffer losses, they are often only temporary. However, if you are a short-term trader, ultra-short-term trader or high-frequency trader, losses may occur almost every day. No one can stick to it for a long time. Soon, confidence and enthusiasm will be gradually eliminated, and then you will leave the investment market and never return. If you can make profits at certain times, you can choose full-time trading, but if you do not devote yourself to full-time trading, it is difficult to achieve profits at certain times. Working for an investment institution and engaging in trading requires the results of periodic profits, but traders who can make profits at certain times are unwilling to work for an investment company.
People's personalities vary greatly, and their perspectives on things are also different. Many traders can make profits when working for an institution, so they feel that they are extraordinary, but they suffer heavy losses when operating alone. This is because there are people supervising them when trading in an institution, and they can help them control risks in time when their accounts lose money. There is also a possibility that the personality is not suitable for fighting alone, but prefers group operations. They are the type who likes to show off and are the type who likes to show off. Only a large number of people can stimulate their huge potential.
Most importantly, if you know clearly that investment trading is a negative-sum game, why do you still want to get involved in the field of investment trading? It comes from the love, persistence and strong love for investment trading, rather than from the fear, worry and fear of future investment risks.
Young people should not get involved in foreign exchange investment if they have other careers to choose from.
In recent decades, the central banks of the world's mainstream currencies have controlled their currencies within a relatively narrow range to protect their own trade advantages in the international arena. If there is no fluctuation in currency, there is no trend. Without a trend, how can there be profit? In the past decade, due to the lack of profit sources, the number of foreign exchange investment institutions has been decreasing. For individuals, foreign exchange investment trading has no advantages at all. This is an extremely obvious fact. In particular, the Chinese government has imposed restrictions on foreign exchange investment transactions. There are no formal trading platforms in China. If you want to invest in international foreign exchange, each person is only allowed to invest $50,000 per year. If the trader's skills are relatively good, the return rate is calculated at 10%, and the return is only $5,000. Such a return may not even be able to maintain the livelihood of the family, and this is still the most optimistic estimate. The cruel reality is that 80% of foreign exchange investors are losing money.
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