10 years of foreign exchange trading experience (Part one)

At the beginning of doing foreign exchange, I wanted to let people all over the world know that I was doing foreign exchange. I laughed with pride;
A year later: I don't want to talk about foreign exchange with people I know. I'm timid and shy;
Two years later: I'm sorry to tell people that I do foreign exchange, I have no face to laugh;
Three years later: I found some self-confidence and felt the hardships of this industry. My acquaintances talked to me about foreign exchange, and I advised people not to enter this industry unless it was the choice of fate;
Ten years later: even now, I dare not talk about foreign exchange with others, for fear that others will choose this line for my reasons, and I will become a ferryman on the Styx river with a smile;
The process of understanding the trade is actually the process of practicing. It is the process of discovering and conquering oneself. There are many practitioners and few people who have gained the Tao. How many times have I asked myself, why do I choose this line? I'm not afraid to tell you the truth. It's really fate. I've tried to get rid of it many times, but I can't get rid of it. Whenever I have another choice, I won't choose foreign exchange trading. Really, this business makes me feel the pain of reincarnation. I feel what it's like to wander between heaven and hell. Occasionally, when I think about it, it's just a dream laughing, maybe I'm still in a dream, Or maybe another dream.
I always want to write about my many years' experience in the foreign exchange market. But I always feel that writing these things is not very useful for investors. I always feel that my level is general and I can't write some tall theories. I met with several Huiyou and talked about it. They all hoped that I could write something of my own to guide the partners who have just entered the market and the people who have entered the market but have been in a confused period. Based on the idea of communicating with you, I'd like to write about my own experience, hoping to help you a lot (I know it may not work)
Entering the market: Fortunately, I joined the foreign exchange family by chance. I graduated from university in 2005. I have done education, machinery and business. I haven't been stable for more than two years. During this period, I always feel that this is not the life I want. As a result, I keep changing jobs. Family after family, life is in constant confusion and despair. One day in 2007, I saw a company looking for foreign exchange traders on the Internet. I was deeply attracted by the working hours and salary. I immediately called to explain my situation. The result was very smooth. I went for an interview tomorrow (I was required to wear formal clothes). The next day, I went in high spirits. At that time, the company was quite big, There are more than 50 computers in rows. Every computer is turned on, constantly beating K line, such as my interview mood. The interview process is not said, very smooth, did not talk a few words let me the next day to training. I was so excited.
The next day, there were a lot of people trained. At that time, there were very few people in the foreign exchange industry who knew the truth. Our training is mainly to train the basic knowledge of foreign exchange, what point difference, point value. Buying and selling, closing positions, K-line form and so on. At the beginning, a teacher talked about the fundamentals for three or four days, and then three days later a young man introduced the technology. At that time, it was claimed that there was no problem in the increase of ten times a year. At that time, 5000 US dollars was invested, and 5W US dollars a year. At that time, I really worshipped them and felt that they were gods. After the training is the assessment, which is also the key. The teacher asked each student to invest 5000 US dollars to make a firm offer, and the teacher provided a call list. If you invest money, you can make money with teachers in the company. If you don't invest money, you can only fail the assessment and leave.
In fact, I wanted to invest money to seize this opportunity. However, due to the instability of my work and the lack of money to invest in, I had to bear the pain and give up, which was painful for several weeks. But when I think about it, it's good that I didn't fall into the trap.
This is my enlightenment journey of foreign exchange. I know this in my heart. I hope I can learn something in this market. After I left that company, I searched for this kind of recruitment on the Internet. Fortunately, a foreign exchange dealer gave me the notice of interview, but asked me to work in Shanghai. I was in Jinan at that time, and I still went to Shanghai. The interview was very smooth, and I soon received training, and then went to work. Our main job is to call the investment company and recommend it as our agent. Every day is constantly call customers, and later gradually have a deeper understanding of the industry. I know that there are many black platforms in this market, especially in China. There are also many platforms for gambling with customers. There are also several direct transactions between banks. There are also several ECN models. Slowly more customers, but I found a problem, most of my customers are loss making, few make money. The same is true of my colleagues' clients. I'm a thoughtful person. I just want to ask why such a situation occurs. I'm lucky to work as a dealer. I've met too many clients, all kinds of clients. I know which customers are able to make money and which customers are sure to lose money (in the long run). I have seen a customer go from $5000 to $8W in a week, and I have also seen his $8W burst in two days. I also saw a client who made a steady profit of $500 a year, quadrupling it, but went back to understanding in one night. Many, many, many reasons. Human greed and fear are magnified in this market.
Confusion: I have been a dealer for more than a year. I spent the whole day on the phone, learned a lot and understood some things in human nature. But I always feel that I'm still a beginner. I don't want to do business with smiley face every day, which deviates from my original intention of entering this industry at that time. I was thinking that I wanted to learn the real thing about the industry: trading. But as a novice, I really don't know how to start. What should I do for novices? I think this is what novices want to know most. My practice at that time was to read books. I didn't know how many books I had read, and I gradually understood the market. Slowly also know how to set up their own trading system. This market is in a hurry. Don't enter the market when you don't understand him. The result will not be very good. Here are some books that I've read. Enter my trading room (click to download the e-book) advanced foreign exchange trading by Wei qiangbin (click to download the e-book) trend trading law by Lu Xiwu (click to download the e-book). In the later stage, you can take a look at foreigners' trading for a living (click to download the e-book). Foreigners mainly have ideas, But the idea may be the most important. In the early stage, we should understand the market first, and in the later stage, we should gradually cultivate our own views and strategies on the market.