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Today's theme is this.
Theme
Creating a losing EA and studying reverse entries
・Experiment with System C ~ If you enter against the losing EA, can you win?
・New project: One-word Mental Corner
・Progress of Simple Logic FX
System C
Order more features, add money management logic to Reverse
Thank you to everyone who attended the Tokyo seminar
Last Sunday, we held our first real seminar in six years
in Tokyo.
There were participants from Okayama and Nagano,
and I truly felt grateful as I spoke.
Thank you to everyone who participated.
The two hours passed in the blink of an eye,
and I felt it was a little short.
(Everyone who participated shared the same feeling.)
When we meet in person,
we can hear various stories,
and it's great to be touched by everyone's character.
They are very wonderful people,
and I felt once again that we are blessed with great members.
I look forward to another seminar where we can meet again.
Also, some requests for a remote seminar using Zoom came in,
so we will consider that as well.
Continuing from last week, experimenting with System C
For Tokyo seminar participants,
we had prepared the benefit of using the System C EA for free.
Limited to until the end of May,
we would be happy if you actually use it and send feedback.
Also, since two of you volunteered for the buried EA discovery project,
we plan to develop it together.
System B was completed thanks to a strong ally named K,
and we were able to create the content.
I hope we can continue to make good things together with everyone,
and I think so.
Now, I will talk about System C.
As I told you last week, the idea is simple.
Create a losing EA at any cost
and make winning by entering in the opposite way.
That is the concept.
Please look at the two MT5 result images below.
● VQ_LC (Main EA)
● Reverse (Reverse Entry EA)
On the Reverse side, since we are configuring SL in a unique way,
it is not perfectly inverse-correlated,
but it’s a bit interesting, isn’t it.
Currently, the Reverse side has a small limit and a large SL,
so if we could invert this,
the results would be different.
Because Reverse cannot be backtested,
we can only run it in a demo for now.
We will continue to add features and conduct various tests.
New project: One-word Mental Corner
Decide your trading stop loss
From this week, a new project will cover
mental aspects.
The major theme of this seminar is "money"
Trading deals with money, so
your mindset at that time is very important.
However, changing your mindset
is not easy.
Unlike technicals,
there is no clear indicator like "enter when this line is crossed."
But when you look at the surrounding of your mindset,
there are many things that can change if you do them clearly.
From mental aspects to money management,
we will gradually discuss topics beyond technicals.
In fact, this accumulation is important.
To survive long in the market,
trading skills alone are not enough.
Based on the 20 years of experience and failures I have had,
I will share important insights.
Now, let's begin with the first chapter of this plan.
Determine overall drawdown for FX trading
Once you hold a position, always set a stop loss,
and I have told you this many times before.
I think everyone understands its importance.
Now, regarding trading capital,
have you set a stop loss?
For example, suppose you put 100,000 yen into a free EA.
Then, what is your stop-loss amount?
Is it the full 100,000 yen?
Do you trade with the mindset that losing all 100,000 yen is acceptable?
Or do you set a stop when the account balance drops to 50,000 yen?
Or do you not think about it at all?
When you entrust funds to the market,
always keep stop-loss in mind.
If you don’t think about it,
it's like throwing away that money.
Even if 100,000 yen is lost,
or
if the account balance drops to 50,000 yen (or open drawdown 50,000),
always stop, and decide whether to continue.
Decide like this.
If you do, the revenge trades like "put in 200,000 yen to recover" become less likely.
・Decide the stop-loss amount
・If stopped out, reset everything
・Restart from demo testing
If you repeat this,
you won’t be able to continue the foolish practice of pouring money into the market like I do.
Please be mindful of your stop-loss amount.
Progress of Simple Logic FX
After returning from the seminar,
to provide the bonus System C, I have been adjusting and adding new features.
System C was being developed around June last year,
so last week I started by recalling the logic.
I’ve checked its movement for now,
and as I mentioned in the main theme,
the reverse entry is oddly performing well.
The main entry is a very simple MA cross.
But I have added a small twist to that MA.
The twist I tried for the first time in my 20 years of experience
might be leading to unexpectedly good results,
and I feel that way.
In the version to be completed next week,
I think the functionality will be nearly complete.
The only question is whether it will be usable,
and I’ll just test it.
I will fully utilize three computers and a VPS
to run it with various settings.

