Too many people are attracted by the huge profits in the Forex market and yearn for a place on top of the Forex market, but it is difficult for anyone to do so.
Why? Not enough technology? Insufficient capital? Not bad attitude? It might offend them, but if I say, “Who is the right person to practice piano?” Many people shouldn’t practice piano at all. Of course, these conditions are not suitable for people who practice the piano. Their voices may be terrible, but they can be improved by practicing vocal music. They can become “super girls”, and they can sing beautifully in karaoke. Mistaken for a professional, aren’t there too many examples?
The fact is that “the technology industry has its specialties”. Forex speculation is not for everyone, it has nothing to do with how much capital you have. We speculate in foreign exchange just to make money, but there are many ways to make money. Why do we speculate in foreign exchange ? Those who can make money in the foreign exchange market I say “make money” not when they make tens of thousands of dollars. No, they are likely to lose everything that follows. The so-called “smooth” in the foreign exchange market refers to the fact that it is used for the rest of the year to make more money, and it is difficult to lose money. ) People have their own characteristics, which is impossible, because the foreign exchange market itself is different from other financial and securities markets, it has its own characteristics. Only those with qualities that match the characteristics of this market will survive. In the jungle of forex trading , there are two outcomes: kill the prey or be killed by the prey
So who is suitable for foreign exchange speculation
1 has a relatively smooth pattern. In short, whether a fundamentalist or a techie, a news reader or a rider, there must be a model in shape, just as a team must have specific styles and conventions. Besides, like the Chinese football team, it is still different for decades. What can you learn from Brazil and Germany?
This model is like martial arts cheats, do you believe that someone will teach you selflessly? Even a teacher who charges very little may not teach you the whole course, and we are all tirelessly trying to find a way. Can we disclose without reservation? Even those that can be disclosed are just some non-core secrets, commonly used in learning, but not necessarily in practice. If you don’t believe me, look at so many open models on the Internet. How many people can use this to make money on top of the Forex market?
2 Strict discipline. Having a model is just one aspect. The worst models can only handle three things: signals, wins, and stops. These models should not be affected. In fact, no one can do these three things without hesitation, and it is the key to success or failure
Probably only robots can enter this field, take money, and cut meat without blinking an eye. Approach to a robot is appropriate
So if it’s not suitable for FX, it can’t be FX? That’s not necessarily true. We can see what foreigners are doing abroad.
Although foreign exchange trading has been open for nearly a decade, there are not many retail investors in foreign exchange trading. Are foreigners ridiculous? No, they look stupid and many can’t even do intuitive mental arithmetic, but they often differ from the Chinese in that they choose to take a small loss and take a big advantage” and “take a small advantage and take a big loss” .
Many foreigners can make money, in fact, there are only three ways for foreigners to make money on the foreign exchange market:
1 Donate money to professional large investment funds. Do you think Soros’s fund is his own? Most are not. They are investors scattered around the world, but these investors are small investors.
2 Hand over the money to an “administrative account”. Most of the managers of these managed accounts are seasoned fund managers who come from large funds and open their flags. Small and medium customers like this way
- Invest funds in some companies that do not indirectly conduct foreign exchange transactions but support the foreign exchange market, such as foreign exchange brokerage companies, foreign exchange speculation software companies, foreign exchange training institutions, etc. It’s not an entirely new trick, but it’s very precise for big and retail investors. Have you all heard this story? During the California Gold Rush, thousands of people went to pan for gold. Gold is just the lucky few. Most people don’t make money.
I just want to explain the meaning: in the jungle of foreign exchange trading, the result of fighting alone is mostly killed by the prey. If you want to kill prey, you have to be democratic the same. People with funds, models, skills, experience, and channels should seek out and combine with each other to form a team, learn from each other, and enjoy the fun of jungle hunting. Too many Chinese want everything and eating alone is the worst. Rich people think they are big people, technicians think they are small winners, division of labor always feels that others have their own advantages. As a result, they are often unable to eat alone and suffer huge losses.