Investment and financial management warning: There is no free lunch, and the mentality of making money is not advisable

There is no free lunch in the world, and there is no profit-making industry. Since there is no sure-fire thing in the world, why are you participating?IEXSWhen making financial transactions such as foreign exchange, you require yourself to make a profit? Or require your broker to "guarantee to make money"? It is this unrealistic expectation that puts investors or traders under heavy pressure, but breaks the "normal heart" and is more likely to fall into the vicious circle of "making small profits and losing big".

There are so-called customer department traders in banks, and there are brokers in futures and stock banks. Their job is to provide services according to the process, predict the market for customers' reference, not to operate on behalf of customers, and cannot guarantee profits for customers. If a customer or investor encounters someone who claims that he has made a steady profit or has never lost money, then there is a 90% chance that he is either a liar or deceiving himself. If he can really win all kinds of battles like in the movie, he will directly make money for himself, why bother to help you? Therefore, once something goes wrong, he often walks away after losing money, leaving a mess.

As a fund manager, don't fall into this psychological trap. Once you are burdened with the burden of "you must make money", it is easy to cover up the truth with hope and drown your reason with emotion. Obviously, the market has reversed sharply, and it is time to stop the loss and leave the market, but you dare not accept the compensation, fearing that you will not be able to explain it to your customers or boss. As a result, you will get deeper and deeper, and you will delay it again and again, and small losses will turn into big losses, which will eventually lead to huge losses that cannot be cleaned up.

I got to know a lot of personal studios that work for clients because of my work relationship. After ten years of observation, I found a common phenomenon: most studios that promise to guarantee profits are difficult to operate for a long time, and the hosts often fall into long-term debt. And those who do well, most of them adhere to the principle of "do your best, clear accounts", ask for instructions beforehand, and summarize afterwards. Be honest with customers, do not brag or fake. Only by being honest with yourself can we truly face the market bravely and obtain profits. If you only want to deceive customers, but also carry the burden of self-deception and exaggerate your profitability, one day when the inflated balloon bursts, you will hurt yourself and your customers.

Remember: do your best, don't be a "God of Gamblers", and don't carry the burden of "guaranteed profit". Choose a regular trading platform like IEXS Forex rationally and face market fluctuations with a normal heart.