Put yourself in the teacher's shoes!!
When I regularly teach FX, develop EAs, and transfer those EAs to others,
there are things I come to understand.
There are people who will never improve at trading!
There are always those who are certain they’re right (haha).
There are people who don’t have a single question to ask.
The more useless the questions, the more severe the situation. Question-ability is the barometer.
Then, with the first question they ask,
I categorize them into severe, moderate, and mild cases.
For those in mild or moderate categories, I teach gently.
For those who are severe, I respond in somewhat stronger language, since their way of asking is poor,
I urge them to think more carefully.
Usually, in the case of those who are not doing well (severe), they complain: “What’s wrong since I’m asking because I don’t understand?”
They get angry in reverse (counter-attack) if you say it’s not a problem to ask.
They say things like “Put yourself in the shoes of someone asking questions!!” (haha).
Yes, with that, the game is over.
I start to fade out and say that they can never win. What a pity.
If you say that publicly, about half the people will say you’re the worst or that you shouldn’t coach such people, questioning your humanity.
Half of them understand, though they say so.
For those reading this now, which person are you? (haha)
Often, product or course hoppers say: “Put yourself in the shoes of the person asking questions!!”
※ Everywhere on the internet there are PDFs that are manuals of techniques, mysterious indicators, or mysterious EAs that you buy and sigh over,
and you endlessly repeat without ever winning.
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That explanation was long, wasn’t it (laugh).
Put yourself in the shoes of the person asking the questions!!
= It can be interpreted as: the people who bought your stuff and those who intend to rely on you.
Put yourself in the shoes of the person asking questions!!
I think this is a very dangerous idea.
What does “Put yourself in the shoes of the person asking questions” mean?
They’re saying, “I bought from you and you’re teaching me, yet you’re saying I’m not learning.”
The teacher and student must be in a WIN-WIN relationship.
From my perspective, it is not acceptable that I’ve bought from you and yet you’re forcing me to learn.
I don’t want to teach those who already bought from me or want to be led by me.
Asking questions is an act that should be allowed only after one has prepared themselves, thought about it, worried, and researched,
and only if they still can’t understand should it be permitted. I believe this is a privilege.
Think back to your student days, right?
Did you ask your teachers or instructors questions so easily?
You would think and worry and research to find answers,
and if you still couldn’t solve it, you asked. That’s how I was.
I didn’t think, “I’m teaching you and you’re not learning!”
And I didn’t spend days thinking that the teacher was just NAGGING me.
I remember being told by teachers who had noticed my tendency to push questions without thinking to “develop the habit of thinking more on your own.”
I have not forgotten what I learned by going through that process.
Among many people who want to trade FX, many seem to be lacking in the motivation to buy indicators, EAs, and PDFs.
Why do I think so?
Because that’s how I was in the past (laugh).
I used to think, “This indicator is bad! This EA is the worst, this PDF has no reproducibility,”
and would chase the seller’s words, not as questions but to nitpick.
In those long years, my trading improvement did not progress at all.
But, given the circumstances back then, it wasn’t entirely unreasonable,
because there weren’t decent tools out there!
Many things were hastily made for the purpose of making money or selling.
Sometimes the explanations were so difficult you’d wonder if it was intentional.
（※Still, I also sometimes make explanations intentionally difficult (laugh）
It’s not because I’m mean; I want you to develop your own ability to imagine and solve problems.
Now that I’m in a different position, I can say this.
The content was sparse.
（Sparse content and concise explanations are not the same thing; do not confuse them）
Now that my stance has changed, I think this:
There is no guaranteed answer in the market.
So trading should be kept simple, with profits taken systematically, and with thorough money management!
That’s all there is to trading.
That’s why you can win if you don’t overcomplicate things.
Therefore, to be extreme, indicators (which require discretion) or methods that existed are not necessary or desirable.
The choice of indicators or methods matters less; what matters is takings profits systematically and thorough money management.
If you miss that, you will never win.
Conversely, those who can do that can win!!
What you need after entry is to manage take-profit and stop-loss in a planned way.
If you can’t, you should think about what to do.
Hope this post is helpful to you in some way.
P.S.
That’s why I never create things that provoke questions—overly complicated techniques, EAs, or indicators.
For example this
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Might also suit you who are poor at making profits.
A settlement EA can be one of your methods.
Might also be good for those who are poor at settling profits or who can’t enter well.
Start trading with your drawn line!
Before you know it, you’ll end with a take-profit!!!