Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management
Forex MAM account manager | Short-term trading doesn't require large funds. | Long-term investment does need large funds.
Short-term trading doesn't demand large funds. The act of seeking huge gains with small capital and randomly abusing leverage is actually a short-term trading concept with a gambling mindset, which is incorrect. Long-term investment requires large funds. Adhering to the viewpoint of seeking small gains with large capital and using leverage rationally or not at all is the concept of long-term investment with an investment mentality, which is correct. All great writers are penning down their own biases, and all great philosophers are constructing their own biases. The same holds true for ordinary people, who are all expressing their own cognition and biases within the limited scope of experience. Short-term traders are merely constrained by their thinking due to the limitation of funds, and thus have to adhere to the viewpoint of seeking huge gains with small capital. When they possess large funds one day, they will completely transform this gambling mentality of seeking huge gains with small capital. Why? Circumstances and status change people. Who would still engage in trading when having large funds? People with this mentality have simply never witnessed large sums of money. When having large funds for investment, it's no longer for making money, but for fulfilling dreams, achieving ambitions, and even making a name for oneself. In terms of operation methods, it's merely regarded as a game, entertainment, or hobby.
Forex MAM account manager | Attempting to acquire investment trading experience through books can be a fatal misconception and even a waste of money.
Knowledge can alter destiny, but not that of everyone. Only the destinies of a very few can be transformed. Diplomas do not have substantive effects. Reading good books is of value. Reading is merely an indirect form of learning, while practice and hands-on operation belong to direct learning. Worse still, diplomas sometimes give people a sense of accomplishment and thereby cause them to cease learning, unfortunately ending the habit of reading good books at a certain stage of life. The reason why reading good books is useful is that those who are capable of and fond of reading can change their destinies through it. However, the group of people with the talent and passion for reading is extremely rare. For those who have no love for reading, reading is simply a waste of time. Efforts might not be able to change destiny. The vast majority of people find it difficult to do so, but a very few can achieve an against-the-odds transformation, just like those who are good at and love reading. Life is a process of continuous cultivation and self-transformation. Only in this way can people gradually become mature and perfect. Forex investment traders attempting to obtain trading experience from books available on the market. Based on my personal experience of nearly 20 years, most of the forex trading books sold in China were either useless or even incorrect. Reading not only failed to help but might have been detrimental, giving people a feeling that reading was burning money or even throwing it into the sea.
Forex MAM account manager | The young traders who are employed are valued by investment institutions for their strong physiques.
The elderly self-employed traders, who invest for their own families, rely on the rich experience accumulated as they grow older | The human body begins to decline after reaching its peak in youth, yet the human mind grows throughout life and is always in a process of upward ascent. One must have a sense of growth. If one harbors the subconsciousness of continuous growth, the human mind will continue to mature and grow. If the subconsciousness believes that there is no need to grow anymore and lacks the awareness of growth, the human mind will stagnate and freeze at certain stages of life. The process of growth inevitably goes through hardships, setbacks, failures, adversities, etc., so that people can remember this process. At the same time, the process of growth will make people feel happy and learn to appreciate themselves, and then be able to experience the happiness that has never been felt before. If one cannot grow, one cannot appreciate and accept oneself, either falling into the ignorance-is-bliss type of loss and narcissism, or into the self-abandonment type of inferiority and self-loathing. When the mind grows to the realm of self-realization, there will be feelings and experiences of the peak of the mind, accompanied by the mysterious feeling of reaching the peak of happiness, which people whose minds stop growing cannot appreciate. The same is true for investment trading experience. With the increase of age, investment experience becomes richer and richer, and rich investment trading experience can be called invaluable.
Forex MAM account manager | The long-term investment trading experience of investment managers involves implementing breakout operations in trends and conducting pullback operations during consolidation.
When making breakouts in trends, the position should be relatively light. When making pullback positions during consolidation, the position can be appropriately increased. Long-term investment refers to long-term trading with positions held for several years. The key lies in having a low cost. In an uptrend: When the trend begins to pull back to the key support area, adopt batch positive pyramid-style position building. Wait for the end of the trend pullback and the resumption of the rise, and establish the moving average breakout position when the moving averages cross. When the uptrend continues to rise and the candlestick chart breaks through, establish the candlestick breakout position above the previous high. The order of position size is: Pullback support area position > Moving average breakout position > Candlestick breakout position above the previous high. In a downtrend: When the trend begins to pull back to the key resistance area, adopt batch inverted pyramid-style position building. Wait for the end of the trend pullback and the resumption of the decline, and establish the moving average breakout position when the moving averages cross. When the downtrend continues to decline and the candlestick chart breaks through, establish the candlestick breakout position below the previous low. The order of position size is: Pullback resistance area position > Moving average breakout position > Candlestick breakout position below the previous low.
Forex MAM account manager | There is the operation of position rollover and contract switch in foreign exchange futures, but this problem does not exist in the spot foreign exchange market.
Do not mistake it as a direct transfer of the opening position at the previous opening price to the new contract. Instead, you need to manually close the previous old position first, and then open a new contract position. Position rollover and contract switch, in layman's terms, means: closing the contract of the nearby month and opening the contract of the distant month. Close the futures contract of the nearby month held and simultaneously open a position of the same quantity and in the same direction of the distant month contract of the same variety. The main purpose of position rollover and contract switch is to avoid forced position closing of the contract of the nearby month, which is not conducive to long-term holding to obtain large directional profits in the long term. Regarding the positions of retail investors, 95% do not have this problem because the holding time of the vast majority of retail investors is relatively short. This is also an important reason why futures are not very suitable for retail investors but are more suitable for sovereign wealth institutions, major investment banks, major foreign exchange market makers, and large enterprises that use foreign exchange. Cost is not their primary consideration factor, while for retail investors, the primary considerations are cost, profit, and return.
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