Why was I able to turn things around from a losing trader? What is the know-how of professional traders?
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I, who had never won or made money as an FX trader at all, why was I able to turn things around?
There are three points below
・To make money in FX trading, you must learn from a professional trader or learn professional know-how
・What I learned from a professional trader about earning through indicator-based logic
・What seems like common sense isn’t necessarily common sense. Sometimes you have to do the opposite of common sense to make money
I will explain in order. The later part becomes a paid article
At one point, I met a mentor who was a professional trader
The trigger was that I had multiple domestic FX firms handling transactions related to my concurrent work
From several people at those firms, I heard stories that were shocking
Among them, one person introduced me to the future mentor, who would become a professional trader
The circumstances that led me to become an apprentice are quite interesting, but
it would be long, and I think readers of this article wouldn’t be interested, so I’ll skip that part
What matters is
What I was taught?
Why I began winning after being taught?
I think that’s the key
==What I learned about earning through indicator-based logic from a pro trader==
This is what is called technical analysis, something that has long been taken for granted among overseas traders as well,
and is one of the ways to earn with FX
More details will be explained in the paid section
==What seems like common sense isn’t common sense. There are times you must do the opposite to earn==
This portion relates to earnings through indicator-based logic
The idea that “indicators are unnecessary” isn’t common sense from overseas; rather…
More details will be explained in the paid section
==To earn in FX trading, you must learn from a professional trader or learn professional know-how==
First, I learned various behind-the-scenes aspects of the FX industry from some people at the firms
Things like insider dealings and unsettling stories...
※Just because I heard this doesn’t mean I started winning as a result, so
I won’t go into that detail
Here, I will write about what directly leads to earning in FX trading
What was important was
That much of what is said in the FX industry (on the internet) is not true
Why is information considered correct when it isn’t?
In short, ordinary people are being deceived. In order for the deceivers to profit
But I’m not here to condemn those backdoor circumstances
The most important information and knowledge I gained there is
In FX trading, most information you can learn online is not trustworthy
That is the conclusion
There are people who can earn money in FX. But not everyone
“Anyone can earn easily” is a lie
So, do you need special skills?
No. It’s mainly that many people haven’t been exposed to true information (and can’t win)
★Reasons I started winning after learning
Most information available to the general public is wrong
If you approach trading armed with true information, you can start winning
In this article, I will describe the inner workings and details below
Due to the nature of the content, this will be a paid article
In the free article, I’ve kept things concise for a broad audience, but
Since this is paid, I’ve written a somewhat deeper level of content
The price is about the cost of one lunch
If you can save about two pieces of bread for one lunch, you can buy it
That’s the price I’ve set
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==To earn in FX trading, you must learn from a professional trader or learn professional know-how==
Continuation
FX investment schools overseas and FX investment schools in Japan
They’re different in quality. How so?
① In Japan, there are many scams
② In Japan, the knowledge and status of “investment” are low
① Japan has many scams
Overseas
“Teach you how to win” ⇒ “If more people win, more people will come to the schools, and the schools will profit”
Japan
Rather than continuing the school, many are just about collecting money on the spot
“Let people believe they can earn big, then charge high tuition”
Setting aside overseas realities,
Inside Japan…
Many readers of this article who have bought and read this will probably know this already
“There are many scams”
FX trading isn’t simply about learning a method and then earning right away
How to earn with that method?
Where is the advantage? What profit range is appropriate? How much loss should you tolerate?
Such perspectives must be included in the explanation of the method,
and you must verify and understand these multifaceted viewpoints yourself,
to feel like you are using the method as a weapon
On the other hand, many fraudulent methods simply convey the logic
“Here’s a good bicycle, ride it”
Also, in reality, often it’s not a good bicycle but a cheap one that breaks quickly
Only a bicycle expert (a bike shop) can determine if it’s truly a good bicycle
However, fake bicycle sales have people with no knowledge of bicycles, who care only about looks
A high-quality instrument that sounds good (needs expert judgment)
An instrument that looks good (no expert judgment needed)
If real professional traders are teaching the method, that would be great, but
reality is different
On the internet, you sometimes see exposures
People who said they were “billionaire traders” weren’t actually trading at all
Claiming to be a “billionaire trader” to sell products and profit
During a live chart broadcast, evidence that it’s a demo account was shown
Profit/loss images were tampered with
There are various patterns of scams
Simply selling a product
Simply selling a seminar
Getting people into a community and continuously draining them monthly
“Free” while opening overseas accounts and trading to earn commission as an affiliate
Even among FX information products alone,
Most famous FX products out there are scams
Most are produced by non-experts just to sell
Occasionally you’ll find a product by someone who actually trades properly, which can be informative, but in my knowledge, even those explanations are often insufficient
Overseas, unlike in Japan, inaccurate information does not run rampant
In some overseas programs, FX trading is taught as part of investment education,
tuition isn’t cheap, but some students actually succeed, and it can be quite high-probability
Why is that?
Many overseas FX accounts have wider spreads than domestic Japanese accounts
Because spreads are the profit for the account company
Whether the trader wins or loses, as long as they trade, that spread becomes profit
This is how many places operate
On the other hand, in domestic Japanese brokerages… not all, but
If the trader wins, the broker loses
If the trader loses, the broker benefits
This might be the situation in many firms
I’m not trying to condemn
This isn’t about fraud; it’s a business matter, and I know a few good people in the industry
There are reasons related to how FX order processing works, but here’s a summary I asked AI about
@@@
② Japan’s knowledge and status regarding “investment” are low
Thus it’s hard to view as a glamorous profession, and as there are many scammers and gamblers, it’s seen that way
Even if there is an “FX investment school,” it’s not regarded as truly good
In a capitalist structure, the roles in economic activity are categorized as
“employer,” “employee,” and “investor (capitalist)”
Among these, the position of “investor” is not familiar in Japan
Overseas, some schools even offer courses on investment
In Japan, this is quite unfamiliar
Moreover, the image of being shady is strong alongside that unfamiliarity
Personally, I don’t tell acquaintances that I trade FX
It creates a negative image of scammers and gamblers
Overseas, it’s at least one of the three categories and
Overseas FX investment schools are treated as ordinary schools, but
In Japan, that isn’t the case
Therefore, simply put, there are very few people who publicly work as professional traders
Also, publicizing oneself as a professional trader tends to be viewed negatively, so even those few professionals stay hidden
★★To summarize up to here★★
What I heard from FX brokers and what my mentor taught me
In Japan, there is an abundance of “false FX information” taught by professionals that misleads
Overseas, it’s relatively easier to access professional traders, but in Japan, it’s hard to learn directly from professionals
You must learn from a professional trader or learn professional know-how, but
those professionals are scarce, and even fewer are willing to come out of hiding
“The internet is full of scams. You won’t earn unless you learn techniques from a pro
But professional traders are scarce and don’t want to be too public
Yet they do exist
That’s the situation
==What seems like common sense isn’t common sense. There are times you must do the opposite to earn==
In Japan’s FX trading industry, some things are treated as common sense
① Scalping is difficult. It incurs spread costs. Therefore, it’s bad
② One-minute trades (scalping) are busy, and ordinary people can hardly win
③ Indicators are actually unnecessary
These are just a few examples, and I believe all three are the opposite
Why? Why is that considered common sense?
I can’t say this loudly, and it might be considered a conspiracy theory, so I won’t go into details
① Scalping is difficult. It incurs spread costs. Therefore, it’s bad
Indeed,
The number of entries increases.
The target profit range also narrows
It feels inefficient, I think
But…
Compare one-minute charts with one-minute charts (with retracements)
Holding profits solidly on a five-minute chart is also a viable approach
However, on a one-minute chart, there are retracements
@@@
On a one-minute chart, take profit when it extends, and re-enter
Then the “retracement portion” will amount to roughly the spread cost
Also, on the five-minute chart, you must wait while it retraces
When deciding to close the position, this is where you decide
But at this point, the remaining profit is small
If you are on a one-minute chart and you’ve secured one profit,
Even if the second trade ends in a loss, you’ll still be ahead compared to the five-minute chart
※This is not universal. This is just one example
② One-minute trades (scalping) are busy and hard for ordinary people to win
Scalping requires instant judgment, which is said to be difficult
There is some truth to that
But in reality, there are benefits to this busy state
Less time to hesitate reduces indecision
For example, on the hourly chart, you might think, “It’s fine to hesitate for an hour”
When a candle confirms you should cut losses, the next candle starts
Even if you think you should cut losses, you won’t necessarily rush to cut as the candle changes, after all it’s an hourly chart
Thus, you can become more prone to hesitation
“Will it move further?”
While this continues,
For example, you think, “Huh? It’s coming back a bit. Maybe losses can still be reduced”
⇒ “Let me wait for it to return a bit more”
⇒ “It’s -20 pips, maybe it’ll return a bit more”
⇒ It sometimes returns, but sometimes it doesn’t and goes to -30 pips… -50 pips
You become unable to cut losses…
⇒ It can lead to bankruptcy
For example, on the other hand, you think, “It’s coming back a little. Maybe losses can still be reduced a bit more”
⇒ Break-even disappears
⇒ “Okay, if I wait a little longer, perhaps I can turn it into a positive”
⇒ The trade becomes profitable, “I waited and won!”
Through this positive experience, in the next similar situation you may hesitate to cut losses in the same way
If you close decisively when there’s no floating loss, that would be fine, but
Once you’re in the green, new greed arises and you aim for more profit
Trading with this mindset will eventually lead to bankruptcy
Even if it goes to -30 pips… -50 pips… you may not be able to cut losses
⇒ It can lead to bankruptcy
■If it’s on a one-minute chart, you must cut losses immediately without hesitation
With scalping, you cut losses and take profits quickly
You may hesitate to decide and fail to cut losses, but
Compared to trading on an hourly chart, you are in a situation where forced cutting losses is easier
There are even speed scalpers
Enter and take profits as soon as it extends
Sure, rapid scalping requires quick reflexes, and
there are some tough parts, I think
If you do one-minute scalping to the level of minutes, it should be manageable with practice
By the way, I often hear from people who do speed scalping
“My account got frozen”
Because you must keep up with rate movements in seconds
That makes it hard for dealing-based brokers
Who bears the loss in this situation?
By the way, who benefits in this situation?
As I wrote at the beginning
In domestic Japanese accounts, not all, but
If the trader wins, the broker loses
If the trader loses, the broker benefits
I asked AI
@@@
There may be reasons why scalping isn’t recommended
==What I learned from a pro trader about earning through indicator-based logic==
This is technical analysis, something that has long existed among overseas traders as well,
and is one of the ways to earn with FX
From major overseas publishers like Park Rowling, etc., there have long been many books by overseas traders on technical analysis
There are many affordable and useful resources overseas that are far cheaper and more valuable than buying Japan’s expensive FX information products
However, for some reason in Japan
There is a belief that “indicators are actually unnecessary”
Being able to win without indicators may be true for some people
However, even something as simple as a moving average can feel like a benefit when indicators are used
Below is part of my method, showing that
Even on the same rising chart, it looks completely different when viewed with indicators
This difference shows “momentum”
In the latter part, you can feel that momentum is fading
So you wouldn’t enter in the latter part
In the former part, since momentum exists, if you enter, on scalping level, you can expect 2–3 pips of extension with high probability
My mentor and I trade using combinations of these indicators and candles
We look at the combination of indicators and candlesticks and use it in technical analysis
I believe it’s completely usable for trading, and
For me, it’s almost indispensable
Indicator values are based on past numbers, so some say they are slow or meaningless when shown
But
FX trading is about betting on probability
“The probability that this point will be reached is high based on past numbers”
You could call it data marketing, and perhaps that sounds grand,
When opening a restaurant, you consider location
You use past data such as foot traffic
The human eye tends to interpret things to fit their own convenience
“Because more people are passing by, more people will enter the shop, right?”
Estimating flows of people from past data, not perception. Elements such as time of day and weather also play a part
In FX charts, by displaying indicators and drawing them like a map,
you can know the current price’s current position
and then forecast the more likely side of market volume and trades
Of course, it isn’t 100% accurate, so if the prediction differs, you cut losses and settle
For example, if you forecast a long (uptrend) and trade
If an indicator turns to a certain state, the probability of rising increases
If another indicator turns to another state, momentum decreases and the probability of rising becomes lower
Making such judgments using indicator-based logic is highly effective
FX’s “turnaround” is seen as an individual winner or loser, but in fact it’s about how the collective behavior of all market participants accumulates and is perceived
The mentor’s lessons on re-examining common sense and the efficiency of scalping can increase capital turnover, and through increased trading volume, contribute to asset formation. I believe this experience is not just personal success but a demonstration of how understanding market structure influences trading, and I want to share it broadly with others.
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