Video: Isn't everyone misunderstanding? Takashi Kirakira explains that the market is not something to be predicted
FX markets are ultimately about whether the price goes up or down. So buying when it goes up and selling when it goes down yields a profit, and the opposite leads to a loss.
However, it’s not simply a matter of buying because you expect it to rise and selling because you expect it to fall; this is where things differ.
I learned from Takashi Kirakira that the essence of the market is not guessing which direction it will move, but betting on an edge. (Interview: FX攻略.com Editorial Team, Takeushi Kuwanai)
What you can learn from this video
In this video, you can learn the following:
- Betting on the edge
- Whether your forecast is correct does not matter
- The staircase talk
- The pillbug talk
- What about two consecutive bearish candles?
● Video: 5 minutes 42 seconds
Takashi Kirakira’s Profile
Former accountant, psychological counselor trader. Believes in simple trading.
Series:The market is always open somewhere in the world tomorrow as well
A word from the editor in charge, Kuwanai
In terms of a single trade, it may indeed be a guess whether the market will rise or fall.
However, statistically speaking, if you think about overall profitability, it would be quite difficult unless the concepts discussed in this video become second nature to you.
For anyone wondering what this is about, this is a video you must watch.
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