What are the differences between China's foreign exchange and foreigners' foreign exchange?

The retail investors who do foreign exchange in China are very different from those in Japan and Europe and the United States. Some of them are due to the conditions, the regular and irregular traders used, the different network conditions, some are caused by different cultures and different ways of thinking, and some are caused by different personalities. The Chinese have a lot of eyes, the Japanese are meticulous, and the Europeans and Americans have big nerves.

Chinese: Investment is generally very small.Few people use ea to trade, and it has increased rapidly in recent years. Generally blind self-confidence, lack of awareness of danger when entering the market, and many bursts during the Cainiao period. Gambling psychology is serious. The higher the leverage, the better. Don't pay attention to fundamentals. There were few short-term traders in the past, but they have only begun to increase in recent years. There are few scalpers, and the network conditions are not enough. There are few women traders, basically all men. There are a lot of full-time workers. There are some prejudices against foreign exchange in society. In terms of strategy, there are few scalpers, generally look down on those who do grids, look down on Martin, look down on those who use pure capital management methods, use more moving averages, and use naked k tall. There are very few books. There is no platform of its own, and most of them use small I am keen on forums like Tao Ke, and I have been long on forums and irrigation for a long time. Except for a certain treasure, there are almost no software sellers, no awareness of buying software, and I can't buy good ones, so I don't need to buy them at all. Whoever has one, everyone will have it soon. Europeans and Americans also do this, but Japanese don't do it. The Chinese people feel uncomfortable after a few days of liquidation, especially when they see other people's liquidation. The Chinese people feel more uncomfortable when they see others making money than they do when they blow up their positions, and there are also many sympathizers when they see their families go bankrupt. Selling software or not shows accounts.

The Japanese invest the most.There are more transactions with ea than Chinese, but it is far less than that of Europeans and Americans. Money management is more important, low leverage, although their national laws stipulate that the maximum is 25 times, and there are many people who use 1 or 2 times. Gambling heart is the lowest. Very much emphasis on fundamentals. There are many short-term traders, and there are few scalps. Most platforms did not allow it in the past, but it is increasing recently. There are many women traders, especially housewives. There are few men who work full-time at home. There is no prejudice against foreign exchange in society, and they are considered smart people like stocks, but they will think that doing foreign exchange and stocks is an amateur thing. There are many books in the bookstore. There is its own platform, and the spread is very low. Not too much bubble forums, real-time bubble forums are all for discussing fundamentals. BBS is targeted like Europe and the United States, and there is no irrigation, such as yahoo, fc2. There are websites that sell software centrally. There are many people who buy software and buy indicators, and the price is not very expensive. There are no useful ones. There are few direct deceptions. It can be regarded as indirect deceptions. Some people find a way to write a few pdf articles, and then promote them very well. You buy them back and see that they are fooled, but it is useless at all. The Japanese have been uncomfortable for many days. The Japanese are basically indifferent when they see others making money or going bankrupt. Usually everyone is very distant. If you ask the Chinese for software, they may give it to you, such as me. The Japanese will never give it to you. Those who show accounts sell software.

Europeans and Americans: invest more money than the Chinese, but it is limited.There are many people trading with ea. They like high leverage. Gambling psychology is also very heavy. There are more people doing fundamentals than Chinese. There are fewer female traders. Less full-time work at home. No social prejudice. There are more scalpers. There are many people who are enthusiastic about using platform quotations to delay price differences and other loopholes. There are also many books. There are platforms with their own bank direct access. Bubble forums are all purposeful, and they like to discuss a certain technology or software, and there is less water, such as foreign exchange factories. Except for mq5, they all like to sell it on their own webpages. They advertise on myfxbook and mq5 shows. The price is surprisingly expensive, and there are many frauds directly. It is estimated that no matter how much they call on skype through skrill transfer, they will ignore you. There are also deceivers who sell software on the job. If you install it, you can't use it. He will teach you how to use it. If the refund expires in three days, you will ignore you. There are many scammers. Europeans and Americans also like show accounts whether they sell ea or not.