Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management
Dopamine may support short-term trading, while endorphins may support long-term investments. Distinguish between individual hormone levels and choose short-term traders or long-term investors.
It is said that dopamine is fond of sweetness and tends to bring pleasure and happiness through short-term impulses. Endorphins are bitter loving and tend to endure pain for a long time before becoming sweet. After experiencing the trials and tribulations of hardship, they achieve great success and a high sense of happiness and mission. This phenomenon precisely explains why short-term traders, especially ultra short-term traders, engage in high-frequency or short-term trading under the influence of dopamine to achieve a temporary sense of happiness of success. But it is worth noting that while high-frequency trading occurs, there will also be high-frequency stop losses. Each small stop loss is a small setback, and countless small stop losses accumulate to a certain amount. Will it make ultra short-term traders exhaust all their heat and give up short-term trading, or even leave the foreign exchange investment market. This is not random speculation. Has the foreign exchange market become a super rich person through short-term trading? Long term investors with large funds mainly seek investment opportunities with high winning odds such as historical highs or lows, almost without leverage or stop losses. They may experience floating losses at the beginning, but with the support of endorphins, they can withstand the floating losses at the top and bottom, as well as the floating wins at the top and bottom. They do not seek small profits of thousands or tens thousands of dollars, but rather have dreams and goals of huge returns of hundreds or millions of dollars, provided that they can withstand long and painful waiting and suffering.
Deal with the pain of waiting for investment, enjoy and be busy with other hobbies to kill the garbage time in the investment process.
Even humans with suicidal tendencies will not commit suicide easily if they have a hobby that they cannot give up. For example, if you like good food, if you have relatives or friends who are worried about you, if you like entertainment such as singing, dancing, playing musical instruments, etc., if you like certain sports such as fishing, running, hiking, traveling, etc., if you like certain skills such as sculpture, photography, and programming code etc. Stop loss in forex investment and suicide in life are very similar in phenomenon. After all long-term investment positions are be arranged, there will be a long wait of several years. This is a very headache. How to deal with the long-term suffering of waiting for investment? That is to enjoy and be busy with other hobbies to kill the garbage time in the investment process. Otherwise, you will always focus on the long-term position. When you see the slightest disturbance, you can't help but want to close the position and profit taken. When you see a big pullback, you want to close the bottom position or the top position. When you read the news and read the nonsense of people who don’t understand investing, you may be influenced, misled, manipulated, or even want to stop your long-term position. It was originally a long-term investment with a high chance of winning, but the final result is all previous efforts were wasted and investment performance was very mediocre.
The short-term discussion is about trading sentiment, while the long-term discussion is about investment psychology.
Trading emotions mainly deal with: rapid recovery of short-term stop loss frustration and psychological control of inflation after short-term profits. After high-frequency stop loss, you will not be too scared to enter the market again. After making short-term profits, you will not be so bold as to use high leverage indiscriminately. Investment psychology mainly deals with: in long-term investment, the consolidation of tolerance and the blessing of self-confidence during floating losses. In long-term investment, when profits are floating, avoid the short-sighted behavior of seeing short-term profits and forgetting about longer-term and more generous returns, that is, the behavior of always wanting to settle for safety and always wanting to close positions as soon as the gains are good. Short-term trading emotions are short-term mentality and attitudes. Long-term investment psychology is a long-lasting, relatively stable psychology and model.
From beginner to intermediate to advanced, then from the most advanced to the most concise, this is a step-by-step process.
The process of trading learning for investment traders is as follows: junior traders focus on developing single trading skills, intermediate traders concentrate on compound investment strategies, and advanced traders prioritize investment psychology and risk control. This is a step-by-step process and necessary process. After completing this entire process, it will naturally transition from high complexity to extreme simplicity. This is the truth of simplicity is the highest level of complexity. Of course, if an investment trader is fortunate enough to secure a position at an institution or a large investment bank, access to substantial capital and professional training will expedite the evolution process. If an investment trader possesses exceptional talent, self-study can expedite this evolutionary process. As an ordinary individual with average qualifications, the evolution process may be relatively lengthy, especially since foreign exchange investment is not a widely popular field. In addition to stabilize their country's financial environment and prevent the loss of foreign exchange, countries worldwide have implemented layers of restrictions, some of which are quite strict on foreign exchange investments. It is prohibited because the ecological environment for foreign exchange investment is unfavorable, with a significant lack of information for learning and research. This deficiency will further impede the transformation process for regular foreign exchange investment traders. Only money will be available to the poor, but rights never will. If you have no way out, then move forward without fear.
Making money is not difficult. You can succeed with deliberate practice and mastering a niche field. Forex trading is no exception.
Like football, deliberate practice involves repeating a task 10,000 times; it is dynamic deliberate practice. Dynamic practice can be observed by both outsiders and yourself. The deliberate practice of forex trading activities 10,000 times is called static deliberate practice. Static practice cannot be observed by outsiders or even by yourself, but you can feel its effects. Deliberate practice of investment trading includes learning invisible experiential skills such as emotional control and risk management. Read the book a hundred times, and its meaning will appear by itself. After trading tens of thousands of times, trading experience will naturally develop. Repetition is not simply repeating the same thing, but rather a purposeful, reinforced, and internalized process of continual improvement. Deliberate practice of forex trading experience skills includes screen time, communication, trading history research, and reading the experiences and reviews of successful traders. Spending 10,000 hours on deliberate practice to enhance experiential skills is mentally demanding and not particularly enjoyable. Although deliberate practice emphasizes repetition, it also emphasizes self-awareness, analysis, and the ability to adjust self-expression. This is a critical stage in a trader's development, a time when both good and bad habits are formed. If a new trader lacks patience and rushes through the deliberate practice process in an attempt to accelerate learning due to eagerness to make money, the likelihood of improper practice of trading skills will increase, ultimately resulting in ineffective trading practices. Investors can become too frustrated and decide to leave the investment and trading career. Patience is crucial for sustained successful trading, enabling you to be discerning in your trading choices. Experienced traders will not rush into trading but will wait patiently until an opportunity with a high probability of success arises before entering the market. Once a trade is entered, a patient trader will allow enough time for the position to expand and will not exit the trade prematurely. Instead, he will exit the trade based on achieving the predetermined long-term profit target.
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