[First Part] The Reason I, who struggle with stop-loss, am creating an EA copy called MTP.

Hello, this is Tsumo.

Today as well, I’ll talk about things that won’t collapse before winning.

This article is the first in the MTP Operation Design Notes.

Since this is the first, first I will write why I am creating an MTP copy EA in the first place.

To start with, I’m not good at cutting losses.

I know it in my head.
Cutting losses is important.
Leaving a losing position unattended is dangerous.
If capital management collapses, it’s over.
To survive in the market, you have to admit losses somewhere.

I understand that.

But when I actually face unrealized losses, I can’t cut them quickly.

“If I cut here, this might be the bottom.”
“If I wait a little longer, it might come back.”
“If I cut now, it would just be a definite loss.”
“I’ve endured this far, it would be a waste to give up now.”

I think like this.

And I can’t cut.

I think there are people reading this who feel the same.

I know cutting losses is the right thing.
But I can’t do it.

I know the right logic.
But when I face the actual account screen, my hands stop.

This gap weighs quite a lot in the market.

If you can’t cut losses, should you quit the market?

It’s often said.

People who can’t cut losses are not suited for the market.
If you can’t cut losses, you should stop FX.
People who carry unrealized losses will eventually be expelled.

Probably, that’s true.

At least if you just throw lots recklessly and endure unrealized losses while praying, you’ll eventually break.

But then I thought here:

Should people who are bad at cutting losses not stay in the market at all?

Become a strong person who can cut losses.
Of course, that’s ideal.

But if you base everything on ideals, someone like me will eventually break.

So I changed my thinking.

How should I design so that someone who struggles to cut losses can still stay in the market?

From here, the concept of MTP began.

What is MTP

MTP stands for Mirror Trail Pro.

As an FX automated trading/copy EA, it intends a Master position’s information to be followed by a Slave side.

However, it isn’t simply copying.

When the Master enters, you enter immediately.
When the Master increases, you follow everything.
Use the Master’s TP as is.

But that alone can make the Slave account tight financially.

Because the Master and Slave are not in the same conditions.

Entry prices differ.
Account funds differ.
Lot settings differ.
Spreads differ.
Margin capacity differs.
The unrealized loss one can withstand differs.

Therefore, in MTP, more than merely “copying,” we emphasize
how to follow so as to be hard to go broke.
.

MTP is not an EA that promises huge profits

First of all, I will be explicit here.

MTP is not an magic EA that guarantees you will win if you use it.

If there were something like that, I’d secretly use it.
Probably, I haven’t written it.

MTP does not promise explosive profits.

What it aims for is more modest.

A less fragile lot size.
Stage-following without forcing the chase.
Favorable entries that avoid unfavorable places.
Favorable closes that aren’t greedy.
Trailing to protect profits.
Account health filter.
News filter.
RSI filter.
Exit design for hedging recovery.

By combining these, we aim to make the EA not a “set-it-and-forget profit box” but a tool to design risk.
This is the philosophy of MTP.

All of this is with the idea of not letting an account go broke.

Why prioritize not breaking down

The scariest thing in the market isn’t losing.

It’s being expelled.

There can be losses.
There can be unrealized losses.
There can be times when things don’t go in the direction you thought.

But if the account remains, you can rethink.
You can revise the settings.
You can lower the lot size.
You can wait for the next market.

If you’re expelled, that’s the end.

So, in MTP I first think like this.

How much can I win?
What monthly return percentage can be targeted?
How much can I grow it?

Before that,

How much can I endure?
Where will it stop?
Where to recover?
Where not to enter?
Where not to follow?

I think about these things.

It’s modest.

But I believe this modesty is necessary to survive in the market for a long time.

There are conditions to not cutting losses in operation

If there’s a misunderstanding, I don’t want that.

I am
saying, “You don’t have to cut losses.”
Cutting losses is important.

However, if a person who is bad at cutting losses operates relying only on cutting losses, somewhere it will likely become inconsistent.

Therefore, if you are not making cutting losses the core, you must design something else.

That is,

Lot size management.
Stage-following.
Favorable entries.
Favorable closes.
Trailing.
Account health.
News avoidance.
Overheating avoidance.
Exit design.

Yes.

The problem isn’t not cutting losses itself.

The problem is that there is no design that prevents collapse while not cutting losses.

This is very dangerous.

Not cutting losses.
But keeping the lot heavy.
Namping is deep.
Following is fast.
Exit is far.
No filters.
No stopping conditions.

This is not operation.

It’s prayer.

And if you entrust that prayer to an EA, it will diligently continue praying.
Until the account runs out.

What is important in MTP

What MTP values is not flashy wins.

First, it’s about not breaking easily.

Don’t follow everything from the start

You don’t always follow all of the Master’s positions from the beginning.

Skip the early phase.
Follow from a specified stage.
Avoid dangerous initial moves.

Not trying to take everything is a way to protect the account.

Don’t enter at unfavorable prices

Because the Master holds a position, it doesn’t mean the Slave must enter immediately.

Sell right after a sharp rise.
Buy right after a sharp fall.
Jumping into overheated markets.

To avoid these scenes, we consider favorable entries.

Take profits without greed, first recover

After enduring unrealized losses, when unrealized gains appear, greed arises.

I want to extend further.
Since I endured, I want to take more.

But that greed can return you to unrealized losses.

So, profitability is not a dream to chase first; it’s a place to recover first.

Protect profits before extending them

Trailing is not used only to maximize profits from the start.

First, protect the profits that appeared.
Do not return to red.
Leave at least minimal profits.

Extending comes after that.

Hedging is not life extension but exit design

Hedging isn’t magic.

It isn’t a feature to erase unrealized losses.

If you use it, decide where to start, where to organize, and how to end it.
You need to consider the exit.

Even when busy, I want a system that keeps track of account status

There is another important thing in building MTP.

That is, to be able to know the account status even when you can’t sit in front of the computer.

FX automated trading isn’t just about running it and forgetting it.

What’s scary is noticing while you’re not looking at it.

A new entry has occurred.
Unrealized losses are increasing.
Positions are increasing across multiple accounts.
Account health is deteriorating.
But you’re at work and can’t check the computer.

This state is quite dangerous.

So in MTP, I’m thinking of a system where you can monitor operation status not only on the EA itself but also from a smartphone.

Make it possible to view multiple accounts’ status in Google Sheets.
Get notified when automatic entries occur.
Be able to check account status from a smartphone app while you’re out.

This is the system.

The purpose isn’t to look convenient.

It’s to create a state where you can notice risk even when busy.

In EA operation, noticing late delays judgments.

If judgment lags, unrealized losses grow.
If unrealized losses grow, options shrink.
If options shrink, in the end it’s prayer.

So, in MTP I want to value not only trading logic but also a system that visualizes operation.

To protect the account, entering conditions alone aren’t enough.

What is happening now.
Which accounts carry how much risk.
Can you notice that immediately?

What I will write

I don’t intend to write only a promotion for MTP.

Of course, I will write about MTP.
Since I’m creating the EA myself, I won’t hide that.

But more than that, I want to write about what to consider to avoid collapse in EA operation.

Lot management.
Dangers of averaging down.
Stage-following.
Favorable entries.
Favorable closes.
Trailing.
Hedging recovery.
Account health.
News avoidance.
RSI filter.
Differences in exits between Master and Slave.
Smartphone notifications.
Dashboard management.

I will organize these discussions one by one.

EA changes its character with the settings.

Even the same EA becomes different if you change the lot size.
If you change the start of follow-up, the risk changes.
If you change the idea of profit-taking, the remaining balance changes.

So EA isn’t just installed and finished.

Design it, run it, check it, review it.

I think this is the cycle.

To those who are not good at cutting losses but don’t want to exit the market

I am not good at cutting losses.

Therefore, I don’t intend to negate people who can cut losses.
On the contrary, I think people who can cut losses are strong.

But there are people like me in the world,

Know it but can’t cut.
Cannot cut but don’t want to exit the market.
I want to consider another design to avoid exiting.

There are surely people like that.

I’m writing for those people.

Not just pretty words, but from a practical operations perspective.

Winning is important.
But before that, not exiting is important.

If you don’t exit, there is a next opportunity.

The next setting.
The next verification.
The next market.
The next improvement.

If you remain in the market, you can still think.

Therefore, before winning, I first think about not collapsing.

MTP is the EA I’m building for that purpose.

In conclusion

MTP is not an EA that promises explosive profits.

It’s about how a person who isn’t good at cutting losses designs operation so they don’t exit the market.

That’s where this copy EA started.

Not flashy.

But to stay long in the market, there are things more important than flashiness.

Keep lot sizes small.
Don’t chase everything.
Don’t enter in unfavorable places.
If profits become visible, recover them.
Stop when it’s dangerous.
Do not lose sight of the account status.
Think about the exit.

Today’s conclusion is simple.

If you’re not good at cutting losses, at least have a design that prevents collapse.

That’s where we start.

Before winning, first not collapsing.
I will write one by one about that approach.

※This article is based on the author’s personal operation philosophy and does not guarantee profits.
※FX, automated trading, and follow-trading carry significant risks. Depending on settings, lot sizes, and market conditions, substantial losses can occur. Please operate at your own risk.