1. Is foreign exchange sure to make a lot of money? Can I get rich overnight?
People in the circle say what is the key to our transaction? It is to make a profit. People who come here want to make money, and the foreign exchange market has existed for so long, which must mean that it can be profitable, but as a novice, you must correct your mentality, "I don't want to get rich overnight." , trading is not gambling. A successful trader needs years of study and practical operation to accumulate. It seems to you that he has made so much money from foreign exchange, but in fact he may lose more money than he earns. . In this market, most people are losing money. Many people have worked hard for many years and are still leeks. If you don’t have enough funds, don’t enter this circle, especially those with this mentality, usually lose their positions. ending.
2. Since I am a novice, am I more suitable for short-term trading?
This should be a huge pit that every novice will enter. Many novice will feel that they are not skilled in technology, and their mentality is definitely not as good as those of the veterans. In addition, they are eager for success, so they want to operate short-term, simple and fast. But in fact, intraday orders are not something that ordinary retail investors can control. I have seen too many traders who have been hurt by short-term. I suggest that you still accumulate learning slowly and make steady progress. It may be difficult at the beginning, but the difficulty is temporary and the overall trend is positive. More to the operation development of the daily line level upwards, the higher the level of playing, the fewer people will compete, pay more attention to self-growth, and seek your own trading circle at the top.
3. Is technical analysis necessarily simpler than fundamental analysis?
On the surface, technical analysis seems to be simpler than fundamental analysis, but only technical analysis traders know the pain of technical analysis. Once you enter the pit of technical analysis, you will face continuous learning of new technologies and in-depth research. Some theories cannot be understood at all, okay? You have not fully mastered this technology, and you will face learning the next technology. It is really difficult to keep improving. The market will not wait for you to learn slowly. If things go on like this, you will only be eliminated by the market. It is recommended that novices repeatedly study a technology that they are most comfortable with, rather than wanting to learn everything. You can’t have both fish and bear’s paw at the same time, let alone so many technologies. If you study a technology deeply, you will believe that you will make a breakthrough.
4. As long as I have EA, can I make a steady profit?
First of all, we need to know what EA is. You can use Baidu to know what its operating principle is. What we need to understand is that EA is just a tool, and its core lies in the trading strategy you set yourself. , if you don’t have a good trading strategy, it will still not affect your liquidation on EA, so those traders who want to simply count on EA to enjoy the benefits are better to be rational. The continuous update and iteration of technology has brought us more and more convenience, but it must be clear that the operators and instructors behind the technology are still people.
Finally, the code word is not easy, please add a follow or like to support it, everyone is welcome to communicate in the comment area, I hope the article can be helpful to you, I wish you a smooth transaction!
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