Strategies to Make the Crab Trader's YouTube Streams 1000 Times More Effective | Episode 3: Are You Analyzing Yourself?
Kani Trader Profile
Kani Trader. Began YouTube Live on January 15, 2018. Streams all of his trading live from noon to deep into the night for 12 hours. With the themes “Make money, in front of your eyes” and “Make money, in front of you too,” he publicly shares all limit orders, stop orders, and entries every day.
Twitter:https://twitter.com/keibakinma
*This article is a reprint and revision of an article from FX攻略.com February 2019 issue. Please note that the market information described in the text may differ from current market conditions.
What are the benefits of doing your own analysis?
Hello. I’m Kazuya, known as Kani Trader. Today I’d like to talk about analysis. When aiming to improve profit in FX, this aspect of analysis is very important. There are several ways to analyze, but here I mean analysis of one’s own methods and performance.
Trading setups vary by person, but typically people trade mainly on smartphones, or a combination of smartphone and PC, or PC-only. Some use tablets or VPS as well. While environments differ, it’s also important to establish an environment that enables proper analysis. I’ll discuss this later.
By analyzing trades, you can clearly identify the strengths and weaknesses of your buying and selling, and you can better adhere to your own trading rules.
So what should you analyze?
I often hear discussions about trading from various people, but those who can’t analyze correctly are vague like “roughly…,” “about XX…,” “Honestly not sure…,” or “I think I’m mostly in the plus.” Even if you think you’re analyzing, you’re often just basking in the feeling of analysis rather than actually analyzing. Here are the items you should be aware of.