Discussions among the group Produced by Mex·must be a boutique

Trading skills丨How to correctly distinguish between long-term and short-term operation thinking

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I often hear Huiyou talking like this: "Oh! It's too early to sell. If I sell now, I will earn more than double." This phenomenon is common in the foreign exchange market. Many friends have experienced this situation. They failed to grasp the timing accurately, and finally won a small loss and lost a lot, failing to achieve the ideal profit target. The reason is that these friends have made a common mistake, that is, they did not correctly distinguish between long-term operations and short-term

MexGroup: IQ and EQ in foreign exchange trading

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For many of our foreign exchange traders, whether EQ or IQ is important, I think everyone has their own judgment in their hearts. But in my opinion, for us foreign exchange traders, IQ determines whether your views on a market are correct, and EQ determines whether you make money in a market. why do you say so? I don’t know if everyone has this kind of situation. Originally, the view on a certain market is very accurate, but in the actual transaction process, there is no way to make a lot of mon

MEXGROUP: Trading can't hold profits? try these methods

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Today, when I was chatting with a friend, I talked about the problem of not being able to hold profits in trading. This should be a dilemma that most traders have encountered or are facing. I am also a trader, and I have also had such troubles before. Fortunately, the control is pretty good now, so I use this article to share my personal experience. It cannot be said that it is 100% effective for everyone, at least it can be used as a reference. Just because I have a deep understanding, I feel t

Started trading at the age of 12, went bankrupt at the age of 33, and is now in charge of $160 billion

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I wonder if you have read the book "Principles" (Principles)? This book has been very popular for a while. The author of this book, Ray Dalio, was born in an ordinary middle-class family in Long Island, New York. His father is a professional jazz musician and his mother is a housewife. At the age of 26, he started Bridgewater from nothing. After 43 years of development, Bridgewater Associates (Bridgewater Associates) has become the number one hedge fund company, and Dalio has also been selected

Why You Can Miss Buy or Sell Signals

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In the process of foreign exchange trading, I don't know if you regret because you always miss buying or selling signals. Facing the ups and downs of the market every day, and various trading opportunities of different sizes, every investor tries to capture as many trading opportunities as possible, but the result is that they often miss the market or miss the good ones. Buying opportunities, or missing good selling opportunities, resulting in a huge gap, people have to lament the tricks of good

What does the fund manager tell you about foreign exchange trading?

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I believe you will see in movies about Wall Street that many fund managers come from foreign exchange trading experience, so what is foreign exchange trading after all? The answer is actually very simple, that is, to trade "money". All foreign exchange transactions are not buying things in themselves, so this kind of family will confuse people's understanding of the essence of foreign exchange transactions. Taking the act of buying currency as buying shares in a specific country is a bit like bu

He is an "investment genius" on Wall Street, a model of self-made, and a legendary investor with a return of 100,000 times

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Since the existence of the financial market, there are many people who became famous in the first battle, and there are also many people who have made profits for several years in a row, and there are also many people who have experienced many ups and downs, but there are people who can make a lot of money and get out of it all at the same time. But there are very few, and even many investment masters fell into the quagmire after being brilliant, and even passed away in desperation, such as the

Do you know the necessary risk management knowledge in foreign exchange trading?

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"Don't think too much about profits, think about how to protect the profits you have made." -Paul Tudor Jones A sentence from Tudor Jones accurately interprets what risk management is. Risk management is finding ways to limit losses. You have to know how much risk you are taking and how much you can bear. Successful traders have a very high risk awareness. More than 80% of top traders believe that risk management is the first necessary trading quality for traders. The advice that many top trader

Biography of Foreign Exchange Celebrities 04丨Bill Gross: From a Gambler to an Unbeaten Investment King for Thirty Years

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Be sure to take a long-term view when you see the odds of winning in your favor. The losses caused by short-term bad luck will be evened out because the long-term trend is in your favor. —Bill Gross In bond investing, for a long time there was only one king. He managed the world's largest bond fund and promoted the development of the world's largest bond asset management company. He is like a mountain, standing above all bond investors. Once, every word he said about economic judgments affected

Dry goods 丨 If you do these 7 precepts well, it will be difficult to lose money in the foreign exchange market!

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The foreign exchange market is the largest financial market in the world. In this market, many profit myths have been achieved, but many people have lost their savings. This is why Mex group has always emphasized that we should look at foreign exchange transactions from an investment perspective, not Gambling and speculation, if you want to become an excellent foreign exchange trader, you must first learn these 7 commandments! First Precept: Greed Buddhism believes that "greed" is the great enem

MexGroup: From losing money in trading, being fired, to having no loss in 20 years, he made a profit of nearly 300 million US dollars

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There is no shortage of legends in the trading world. Today let us meet a real consistently profitable super trader, Larry Benedict (Larry Benedict). In his 20 years of investing, Larry has never lost money in any one year. An independent third-party firm in San Francisco called Rothstein, Kass & Company legally audited the performance of Benedict's fund, Banyan Capital, from 2004 to 2012. They confirmed that Benedict and his team generated a total of $274,572,167 in revenue. Today he is the CEO

Featured article - How to use ADX indicator to judge the strength of the trend

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Introduction In the previous article, we discussed the issue of trend analysis, which mentioned that after the trend is discovered, whether the signal that can better identify the trend with the cooperation of the Guppy system has better stability. Obviously, the Guppy system It better solves the demands of stability. But the ensuing problem is that, in fact, in the ever-fluctuating market prices, only about 30% or less of the time actually presents a unilateral trend, and 70% of the time the pr

Enter the market for several years, leave it all empty talk

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I have been trading for a long time, and I know more and more like-minded people. Some have been immersed in the trading market for nearly ten years, and some have only been three or two years. Among them, there are outstanding ones who have achieved stable profits, and some are still confused. I don't want to use the concept of success and failure to make a distinction. This may be too extreme, but stable profits and inability to make stable profits at least reflect the strength of a trader's

What should you pay attention to after the stop loss

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Over the years, I have reminded traders and friends around me more than once, not to pay too much attention to accuracy, because it is not what really helps you make money in trading (even if it is the top trader on Wall Street, according to past statistics , their accuracy rate is only 30 to 40%, and those who can exceed 50% are rare). Therefore, stop loss should be a normal thing for traders, and it even occurs more frequently than profit opportunities. However, traders still need to pay atten

How to judge the turning point of the trend in foreign exchange trading?

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In the process of foreign exchange trading, the judgment of the trend is an important factor in determining the direction of the transaction. However, it is still difficult for many investors to grasp the method of judging the position of the inflection point, which leads to a certain degree of loss or is not very satisfied with the profit result. In fact, to judge the inflection point of the trend in foreign exchange trading, you only need to remember three points. There are three divergence me

How much do you know about the ten secrets of success as a trader?

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Tip 1 Trends are friends Don't go against the trend. The way to make the really big money is to identify major trends and ride them. If the trend of the market is not in your favor, then it is time for you to get out. When you are in a bear market and the main trend is down, you should wait for the rally and go short instead of trying to pick its bottom. In a big bear market, you may miss the bottom several times on the way down and lose everything. The same goes for bull markets, always go with

Biography of Foreign Exchange Celebrities 06丨Start studying stocks at the age of 13, and became a billionaire 16 years later

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I could not have achieved such success if I only traded for the long term. I always take what I see. —Michael Steinhardt Michael SteinhardtMichael Steinhardt Michael Steinhardt, world-class short-term expert, godfather of hedge funds, investment genius, one of the most successful fund managers in Wall Street history. He has galloped on Wall Street for 30 years, from an unknown investor to a financial giant, from a stock analyst to "the godfather of global hedge funds" and "world-class short-term

Skills丨MexGroup teaches you how to use breakthroughs to achieve quick profits!

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Before starting today's text, you can imagine this scene: You watch EUR/USD for weeks on end, waiting for it to break a key support level, thinking you can cash in on the ensuing dip. You have been unbelievably patient these weeks, and have believed and waited for the euro to fall. Finally the moment comes, you open the trade, enter the necessary information, and place a limit order. Before you go to bed, you are secretly excited about the possible huge profit in your mind. Unexpectedly, the nex