What should I do if the foreign exchange direction is correct but the losses are wiped?
The first is to change the trend of market changes with their funds. They will collude with each other to achieve the purpose of hyping some large-scale financial products. Then, they strictly follow some rules to gradually control the market. Take international spot gold as an example, if I have 100 billion and I am short, what will I do? I’m not going short right away, I’m just going to make money for those retail investors, and it’s down before I’m all in, and all I’m making is a small margin. And am I short and long? Once I buy long, gold will rise, and many people will follow the trend to buy more when they see the signs of rising, and this just achieves my purpose. The price pulls up and gives me a lot of opportunities to short. After pulling up a few dollars , I will close my long positions and buy short positions, because the upward momentum is still there, and the price of gold will not fall immediately. Once I open a position almost, all the long positions will be caught, and the ones who bought short at the beginning will be After being swept away, it is too late for those retail investors who bought long to find that they have been fooled. The powerful short force will quickly pull down the price, and the further force of buying short will maximize my profits.
In response to this problem of sweeping losses from the main force, we cannot effectively follow the main force to make money. What we have to do is to face the changes in the market with a never-changing mentality. We do not pursue the maximization of profits. We only pursue the profits of those points in the middle.