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The theory of foreign exchange transaction: watch law

theory can explain the phenomena and laws of foreign exchange trading, and can describe and predict the future results of things through theory. Classic foreign exchange trading theory is of great significance for investors to clear their investment direction and establish their own investment methods.
. A tourist went through the forest, dropped his watch on the rock under the tree, and was picked up by monkey Xiaoke. Smart Xiaoke soon understood the purpose of the watch, so each monkey asked Xiaoke for the exact time, and the rest time of the whole monkey group was also planned by Xiaoke. With this, Xiaoke gradually established his prestige and became the monkey king. Xiaoke, who is the monkey king, thinks that his watch brings him good luck. So he looks in the forest every day and finally finds the second piece. But Xiaoke, who got two watches, found that the time of each watch was not the same. He couldn't be sure which watch showed the right time. So whenever a monkey comes to ask the time, Xiaoke always falters and cannot answer, and the rest time of the whole monkey group becomes a mess. This is the law of watches. The law of watches, also known as the law of contradictory choice, means that when a person has a watch, he can know what time it is. When he has two watches at the same time, he is in a dilemma of choice and cannot be sure. That is to say, two watches can not tell a person a more accurate time, but can make the person who looks at them at a loss.

. The "watch" here may be trading indicators, trading strategies, trading methods, etc. In order to learn trading experience, many novices often learn trading methods through many channels (such as online, lecture, live broadcast, video, etc.), among which a small number of people will succeed, but most of them fall into a greater confusion.

An expert's opinion is the opposite of what you heard before. Then you will be confused, unable to start or even miss the best investment opportunity.

. There are many ways to break the "watch law", such as

[how to break the watch Law] there are many ways to break the "watch law". The editor briefly introduces the following several ways:

first, the law of targeting watches tells us that everyone can't consider two different value standards and trading objectives at the same time, otherwise his trading behavior will be in confusion. Only when we have a clear goal can we allocate the account reasonably.

Second, think independently about the final decision-making power or in your own hands, no matter how others suggest to operate or which transaction indicator you choose. Only through their own independent thinking and judgment can we avoid unnecessary losses.

Third, once you have determined your goal, don't swing around in the short term. The essence of trading is to stick to a seemingly simple trading method. If you don't stick to it, you will never know its advantages. Time is the best proof when you're not sure about the trade.

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