Naturally, foreign exchange trading is difficult. After all, you can't buy wealth management products, just wait for interest. It is not difficult to say that foreign exchange trading is possible. In a two-way fair market, you can only study the macro national foreign exchange policy, or as long as you specialize in technology, you don't have to ask around for gossip. It is not difficult for a real trader.

Is it difficult to invest in foreign exchange? Mainly depends on whether you are investment material. Some people are born to trade, and any investment through his hands will soon continue to make profits; Some people still lose money after trading for more than ten years, and they will never become excellent traders.

Of course, it is by no means to deny the importance of acquired learning and training in trading. Many successful traders grow up from ordinary people, and they all have to face many obstacles, such as lack of knowledge, emotional, lack of discipline, anxiety and so on. Through continuous study and training the day after tomorrow, they gradually grow into an excellent trader.

Therefore, foreign exchange investment is difficult. The key lies in whether you want to make good foreign exchange investment and persist in learning and training.

Second, will foreign exchange brokers conduct counterparty transactions with their customers?

This question is sensitive and can't be said more. Foreign news broke a long time ago, some brokers and customers made gambling transactions, and the money lost by customers entered the pockets of brokers. Of course, this situation also exists in China. As for why it exists, of course, brokers violate business ethics and deceive customers without conscience. You know, customers can't be smarter than brokers, and all the operations of brokers are invisible to customers. In the final analysis, it is still a matter of supervision.

As we all know, brokers are agents, just like stockbrokers. Their main source of income is the transaction fee (or spread) of customers, rather than gambling with customers. Once the bet is concluded, the interests of the broker will conflict with those of the client. Without supervision, conflicts of interest will lead to cheating customers, and brokers will cheat customers.

In addition, Bian Xiao would like to talk about another situation. Every foreign exchange transaction consists of a buyer and a seller. If someone pays the bill, there must be a counterparty to sell the bill. If Xiao Wang buys several Euro/USD bills on MT4, and there is no corresponding counterparty in the whole electronic trading system at that time, then the brokerage firm may become Xiao Wang's counterparty and take over the Euro/USD bills. This situation also belongs to counterparty transactions. The purpose of the broker is to make the customer's order be executed immediately and reach a deal. After the transaction is completed, the broker will hold a certain position, and the broker will stabilize his position risk by trading with other liquidity providers. During this period, there is no conflict of interest between brokers and clients, and they will not always hold positions that are opposite to clients, so this situation cannot be regarded as gambling.

Third, do you need a high diploma to do foreign exchange trading?

Foreign exchange trading is not an academic study, and it does not require a degree diploma, an extraordinary IQ or a profound theoretical foundation. Of course, it would be better if there were.

Many excellent traders are ordinary people. They have neither high academic qualifications nor high IQ, and they can still do well. A large number of practical examples show that for foreign exchange transactions, having a highly educated diploma does not have much advantage.

Fourth, is the foreign exchange market fluctuating randomly?

At present, there are two opposing theories in financial academia: random walk theory and non-random walk theory. Based on the hypothesis of efficient market, random walk theory emphasizes all the market information contained in the price, and the price trend is random and irregular.

Non-random walk theory emphasizes that the price trend has laws to follow, and we can predict the price trend as long as we explore these laws. On the basis of this theory, technical analysis has become popular!

Bian Xiao wrote an article called Two Contradictory Theories in Financial Markets: Random Walk Theory VS Non-Random Walk Theory. You can have a look if you are interested.

Fifth, is foreign exchange trading gambling?

This question is really difficult to answer, because trading and gambling are essentially the same, and they all make profits by betting on the occurrence of future probability events. This is why many people have gambler psychology when trading, because its essence is the same.

However, there is a big difference between foreign exchange trading and gambling. Everyone in the field of foreign exchange trading knows that foreign exchange trading must not be a gamble, and foreign exchange traders must not become gamblers. Foreign exchange trading needs risk management, discipline and planning, and strictly distinguishes between trading and gambling.

In addition, foreign exchange trading has a complete set of analytical theories, such as technical analysis and fundamental analysis, which are very mature analytical decision-making methods, but gambling basically relies on subjective speculation and speculation.

Sixth, can only professional traders make money?

The answer is: absolutely not! Independent retail investors can also make money.

Compared with other trading markets, the foreign exchange market is more fair. For retail investors, there is no need to worry about inside information, as long as they can do it with peace of mind. It's easier to make money here.