Many people try to get a piece of the action, but few can.
“There is specialization.”
It’s not for everyone.
It doesn’t matter how much capital you have.
So what is the right person?
1. There is a relatively stable pattern.
In short, no matter whether the fundamental faction or technical faction, or read the news, or sit on the fence, there must be a molding model, just as a team must have a certain style and routine.
It’s only for people who can come up with their own patterns.
2. Strict discipline.
Patterns are only one aspect, and the best patterns can only handle three things: signaling, winning and stopping.
Without iron discipline, these models should all be less effective.
The fact that no one can do these three things without hesitation is the difference between success and failure.
3. Put money in a small “managed account.”
Most of the managers of these managed accounts are experienced money managers who came out of the big funds to start their own businesses.
Small and medium-sized customers like this approach.
4. Investing funds in companies that do not directly conduct but support the foreign exchange market, such as foreign exchange brokers, companies, foreign exchange training institutions, etc., is very effective for small and retail investors.
