Forex manager account management experience and trading insights sharing：MAM & PAMM | Forex calendar data is useless, except for interest rates, CPI, non-farm payrolls
Since I entered the forex investment market, I have been tracking the data released by the forex economic calendar, but I gave up more than a decade ago. Focusing on the forex economic calendar is simply a waste of time and useless, except for a few useful data such as interest rates, CPI, and nonfarm payrolls. But for long-term investment, it is useless because after the release of interest rates, CPI, nonfarm payrolls, etc., the trend of forex prices will jump up and down, which is a short-term bet on luck. Because the time for long-term position building is determined after the trend stabilizes, not when the price jumps up and down, there is no need to spend precious time paying attention, it is not worth it. I personally believe that the greatest use of a financial economic calendar is to provide traffic materials for financial websites. Information is certainly important, especially insider information, but only super large investors can get it, and ordinary retail investors can never get it. Super large investors have the advantage of handling their clients' huge funds, which is equivalent to naturally having insider information. Similarly retail investors do not have this advantage unless one day you become a forex super large investor. The only way for retail investors to win: after choosing the right direction, the entry points do not need to be too precise, and they stick to hold positions with floating losses without stopping losses. After all positions are stable and floating profits are achieved, they continue to increase their light positions and sit together to accumulate large profits.
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13711580480@139.com
+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Z.X.N
z.x.n@139.com
China · Guangzhou
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