Foreign exchange trading, because of its 24-hour trading, two-way trading, low investment threshold and large returns, and easy operation of trading software, has attracted more and more friends with investment ideas to enter this market, and even some old stockholders have switched careers Conduct foreign exchange transactions. Anyone who enters this market, I believe that most of them come to this market with the idea of making money. However, how many people in this market are really making money?
In fact, I also agree that foreign exchange trading can "small investment and big return", but this feature of built-in leverage is also a double-edged sword. There is a joke on the Internet (the words are rough and the rationale is not rough): Stocks are like taking food from a tiger, futures are like seeking skin from a tiger, and foreign exchange is like raping the tiger. I think this sentence very well shows that foreign exchange trading is actually a financial derivative with the highest risk, which is much higher than the risk of stocks and futures.
When many people enter this market, they will have the idea of "serious study". And they will basically take practical actions. Think back, do you have the experience of staring at the market all night without sleep? Do you have the experience of looking for orders from various great gods? Do you have the experience of searching for various materials on the Internet for self-study? But in the end? Are the results obtained by most people completely inversely proportional to their efforts? At the end of the day, will you persist in trading? Losses are normal, and profits are inevitable with experience. It’s just a matter of time? I don't know if Huiyou who can read this article has the above experience, at least I have. But looking back now, this kind of "serious study" is actually "false seriousness". Let's talk about it one by one:
1. Stay up all night and keep an eye on the market: This kind of behavior is actually not learning, because you don’t know whether the market will rise or fall in the next second, and you can’t accurately judge (or have a high probability) the following market. And even if you stare out your eyes, the market will not take care of you because of your "hard work". So this kind of work is useless, and it usually happens to Huiyou who has just entered this market.
2. Look for various masters to bring orders:Since I don’t understand anything, then find a professional and understandable person to help. I believe these are ideas that people who have been in the market for about 1 month to 2 years will have, and some may last longer. Not to mention those black agents who cheat for handling fees. According to the best situation, this analyst's trading level is good, and he also sincerely wants to make you money, but the result may not be ideal. Because of the first point, you can't keep pace with the analyst's time. An analyst is in this industry, so he will be watching the market by the computer from morning to night, but you are not, you still have your own work to do, so some orders will not be able to keep up. And there is a very miraculous thing, the orders you can't keep up with will take profit, and most of the orders you can keep up with will lose money. The second point is that analysts also make mistakes. Suppose an analyst makes two or three mistakes in a row, you may have doubts about this analyst and feel that his technique is not good, so you start to pick and choose. There will be the above-mentioned situation of taking profit for orders that cannot keep up, and stop loss for orders that cannot keep up. The third point is that even if you keep up with every transaction, you can't know the analyst's trading ideas, so the part that should take profit will not be stopped in time, and eventually it will become a loss or a small profit, or it should be If the stop loss is not stopped in time, it will eventually lead to a large loss or even a liquidation. In this case, the result is bound to be bad.
3. Find various free materials on the Internet for self-study: In fact, people who have this kind of thinking, I think they have improved a lot in thinking. After all, "technical personnel" in all walks of life have to go through certain training. However, the information that can be disclosed for free is only some of the most basic content, and the core content will definitely not be published. Even if it is published, other things will be needed to cooperate, because a complete trading system cannot be so simple It can be explained thoroughly in one article, not to mention one article, and even one book cannot be finished. Zeng Jin, I chatted with a trader who had published a book, and he said to me, "The knowledge in the book, if you can write 30% of a trading system, it is considered very conscientious." But it’s understandable to think about it in retrospect. The price of a book is only a few tens of dollars, and the more expensive ones are only about 100 dollars. And a set of courses may cost tens of thousands of dollars, so why should others tell you everything? Let me give you a simple example. There are many articles on the Internet that write about indicators such as macd, kdj, and moving average. Basically, there is a sentence in it: go long with a golden cross, and short with a dead cross. I believe that 90% of Huiyou know this sentence, and I seem to be very correct when I go back to review, and the success rate is very high, but once I start trading, it seems that the error rate is very high. In fact, this is the problem caused by the "lag" of the indicator.
4. Accumulate experience, profit is only a matter of time: This sentence seems to be true, but if you think about it carefully, are you accumulating the experience of making money or the experience of losing money? In other words, are you accumulating the correct trading method, or the wrong trading method? If it's the right way to trade, that's okay, it's only a matter of time before you make a profit, but what if it's the wrong way to trade? Will it get deeper and deeper?
Having said so much, how should we learn foreign exchange trading? The best way is to find a training institution for training. As I said just now, "technical personnel" in all walks of life must go through certain training, no matter what kind of technical personnel, they must spend money to learn. It's the same in the foreign exchange market. If you don't give your money to the trading teacher, then you have to give your money to the market. You may end up indifferent if you hand over the money to the market, but if you hand over the money to the teacher, the teacher will teach you a set of tested and effective methods in the shortest time.
This article is not written because I am doing training myself. Even if you don't come to me to study, I hope you can find other teachers to study, because in this market, I have seen too many scenes of family bankruptcy and divorce. Of course, many people will think: who will tell you the real profit method? If you can make a profit, won't you be bored and rich? There are many people who have this idea, including me at first. But if everyone has this idea, then how have famous trading techniques such as "Wave Theory", "Gann Theory", and "Dow Theory" been passed down for hundreds of years?
The reason why I choose to change from a professional trader to a founder of a training institution is because I read the book "Rich Dad Poor Dad". There is a sentence in this book that inspired me: the fastest way to success It's about helping others succeed. So now I have opened the training institution of Foreign Exchange Technology Research Institute, in order to help more Huiyou to make profits, and also to make myself successful quickly.
Finally, I would like to quote a sentence from former Harvard President Derek Bork: "If you think education is expensive, try ignorance!" (If you think the cost of learning is high, try the price of ignorance!)