3/21★ You must not think, "I want to quickly recoup the amount of that EA price!"
FX Automated Trading, the Double-I-E of Reiwa is
“You must not think, ‘I want to recover the price of that EA quickly!’”
An “EA” is one of the tools within FX automated trading.
Today, I would like to discuss an important topic among them.
I support those who sincerely want to grow assets with EA.
There is something I want you to learn here.
Let me start with the conclusion.
“The operating capital varies from operator to operator.”
Some may have 100,000 yen, others 1,000,000 yen, or even ten million yen.
Suppose the profit ratio is 5% in one month.
For 100,000 yen, that would be 5,000 yen.
For 1,000,000 yen, that would be 50,000 yen.
For ten million yen, that would be 500,000 yen.
Profits vary greatly depending on operating capital.
Therefore,
the time required to recover that amount will truly differ from person to person.
This is the realistic situation.
“Isn’t it possible to earn a lot in FX because of leverage?”?
Indeed, depending on market conditions, there are times when you can earn a lot in a short period.
However, even in such cases, risk management is extremely important.
The fact that you can earn a lot also means you can lose a lot.
This is a practically common reality.
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■ About “EA risk management calculation methods”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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Even a highly excellent EA
can fail if risk management is mishandled.
That would be a great waste, so
please read it.
Well then!
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【Summary of the flow from starting an EA to an intermediate level】
■ First, it is important to “master installing the EA.”
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● MT4 EA (Expert Advisor) and indicator installation steps
https://www.gogojungle.co.jp/post/1/8212
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● Gogojungle video version *
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At first, you may not understand everything all at once and may stumble.
I also stumbled many times at first, so take your time and go steadily!
If you have any questions, use the “Inquiry form”!
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■ Gogojungle “Inquiry Form”
https://www.gogojungle.co.jp/inquiry
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【How to choose an EA】
Now that you think you can operate an EA,
you might think, “I don’t know which EA will win… I don’t want to lose…”
Therefore, Reiwa’s Double-E has published a series of articles to help you assess to some extent through “backtesting.”
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■ How to find winning EAs from backtesting
https://www.gogojungle.co.jp/finance/navi/series/1714
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backtesting supports that to some extent.
In most cases, the backtest period is longer than the forward period, and
whether you happened to win in forward testing can be gauged by evaluating backtests.
【How should EA risk management be done?!】
And no matter how excellent an EA seems,
if you neglect risk management, it will fail for an EA.
Therefore in the case of EA, how to manage risk?
The following article provides the answer.
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■ About “EA risk management calculation methods”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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【EA operation mindset is also important】
And, in order to sustain EA operation for a long time, the “EA operating mindset” is also important.
Those articles are as follows,
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12/30★ Year-end and New Year SP!! EA Full Explanation Course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12 [Obon Holiday Special] Now you are an EA Master! “Mindset for Improving EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17 [Obon Holiday Special] Now you are an EA Master! “Notes for EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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That said,
the content is substantial and quite important,
so please read through it even if you cannot fully understand it right away!
Well then!
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【Reiwa’s Double-E EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically categorized Reiwa’s Double-E EA by genre
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Genre diversification is essential when building a portfolio)
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【Reiwa’s Double-E serialized articles】
■ EA Beginner Course
https://www.gogojungle.co.jp/finance/navi/series/1700
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https://www.gogojungle.co.jp/finance/navi/articles/64738
https://www.gogojungle.co.jp/finance/navi/articles/65619
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https://www.gogojungle.co.jp/finance/navi/articles/64723
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■ “EA risk management calculation methods”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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https://www.gogojungle.co.jp/finance/navi/articles/65978
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■ Backtesting to find winning EAs
https://www.gogojungle.co.jp/finance/navi/series/1714
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https://www.gogojungle.co.jp/finance/navi/series/1701
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https://www.gogojungle.co.jp/finance/navi/articles/65010
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https://www.gogojungle.co.jp/finance/navi/series/610
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【Reiwa’s Double-E’s Belief】
Develop EA with proper methodology,
serve more people,
and maintain a long-term WIN-WIN relationship,
aiming to revitalize the EA market and raise literacy.
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