[FX Beginners Morning Edition] For those uneasy about starting in April｜USD/JPY entering a consolidation phase, what are the common traits of people who win?
“Will I be able to trade properly…?”
In April, as you start anew, aren’t you feeling that anxiety?
But don’t worry. That’s a path everyone goes through.
■ April: New beginnings and anxieties
Good morning! This is the Daily Trading Newspaper (Morning Edition).
It’s April, isn’t it?
New students and new professionals look full of anticipation,
but there will surely also be anxiety like, “Will I be able to do this properly…?”
In fact, this is exactly the same for people who have just started FX and the new NISA.
When I quit my job and became a professional trader and went independent,
I felt the same way (laughs).
■ USD/JPY heading into the expected correction
Now, a word on the market.
As I’ve been saying,
the USD/JPY has entered a corrective downtrend.
We have been selling for several days,
and yesterday we were able to take profits solidly.
As it’s the end of March,
the end-of-month real demand flowsadded to the decline, didn’t it?
However, there is one caution.
This drop is
・Not a large-scale currency intervention
・A gradual, measured downward adjustment
therefore,to chase too much is forbidden.
■ The pitfall of trades that look easy
Trades like this one are
“something anyone can do”
don’t you think?
In reality, the action itself is simple.
But there is a big trap here.
“It’s easier said than done.”
That is the essence of trading.
■ Three causes that prevent you from trading
Many who don’t win in trades
stumble not on the “method” but on the “execution.”
There are three main causes of this.
① Schedule management
You’re not looking at the chart when a chance comes.
This is fatal.
・Set alerts
・Manage your time
This “effort not to miss” is necessary.
② Confidence in the method
“Is this really okay…?”
If you’re uncertain, you won’t enter.
What’s important is
・Mastery of the method
・Past results to back it up
This becomes the reason you can press the button.
③ Timing (Most important)
This is the most important.
Even if you have a clear entry point
when it comes, you hesitate.
This happens often, right?
Why is that?
・The time of day isn’t ideal
・Market flow feels tenuous
・Wind in the market is blowing in the opposite direction
・Effects from futures and options
There is this kind of “market atmosphere” at the moment.
That’s why
it’s important to have the entry pattern decided in advance
This is crucial.
■ How to break out from beginner to the next level
If you can do this much,
FX beginner → intermediate
your level will jump quickly.
In trading,
“what you do” matters less than “how you execute it.”
Everything hinges on that.
■ Summary
・April is a time when everyone feels uneasy
・USD/JPY has entered a corrective phase
・The simplest trades are the hardest to execute
・Outcomes are decided by execution power
Don’t rush—build up step by step.