Reasons you can’t win even if you follow the FX textbook
Textbooks are not wrong.
Dow Theory,
trendlines,
MA,
risk-reward,
all of them are correct.
But――
even if you understand them,
there are people whose funds do not grow.
Why is that?
The answer is simple.
Textbooks teach the “entry point.”
However,
they do not teach the “exit.”
Many people
- where to enter
- which shape is strongest
- which indicators have the edge
focus on this.
But,
the reality is that the money remains for those who manage the exit.
Profits appear.
But they are eroded in the end.
The win rate is not bad.
But funds do not increase.
That is because it is not an entry problem.
It is an exit problem.
To go beyond textbooks is not about learning complex theories.
It is not about using advanced indicators.
It is about deciding where it ends beforehand.
- whether it ends at 20 pips
- whether to target 100 pips
- how many bars to trade
- how many consecutive losses to stop
When you decide this in advance,
reproducibility appears for the first time.
Textbooks are about “understanding.”
But,
surviving in the market is about “structure.”
Those who understand but still break down
do not yet have a structure.
After reading up to here,
if you feel that you are collapsing at the exit, not the entry,
then what you need is not an ideology.
A system that doesn’t require you to decide with your emotions.
A logic that decides by the close price.
A structure that does not collapse.
I have turned that into a single form.
That is
Ichiraki FS Mamori