[Method Logic] Can you enter at a point where the position becomes profitable immediately after entry?
【Logic of the Method】Can you enter at a point where you immediately have unrealized profit?
In an ideal world, it may seem impossible,
then, what kind of logic would make it possible?
Logically identify a point where you immediately go up after entering
Being able to immediately move into profit after entry is the ideal, isn’t it
Immediately in profit, and then where to take profits?
The remark of a certain top trader said the same thing
「When you enter, aim for a place where you immediately become positive
Conversely, you have to be able to hold a position in such areas」
One more thing,
Such a remark from another top trader
「What’s important is to feel that it will move. It’s crucial to enter where you think it will move. For scalping, even 2 or 3 pips is fine, and enter where you feel it will move in an instant」
This seems like an “ideal story,” and not always the case
These two
“Aim for a place where you immediately become positive after entry
Conversely, you have to be able to hold a position in such areas”
「What’s important is to feel that it will move. It’s crucial to enter where you think it will move. For scalping, even 2 or 3 pips is fine, and enter where you think it will move in an instant」
This is something actual profitable traders have said
Finding these “real voices” is very beneficial
Back to the topic
In scalping-like, short-term trading,
In entries that seem likely to be immediately profitable, that is important
What kind of logic should be used to make such entries?
Data-driven,
If in this data situation there are many points that tend to align instantly, find those spots
What should data analysis be based on?
Price action, ATR,
Moving averages, MACD, Bollinger Bands... etc
Two techniques from my mentor, the top trader
『A Chart FX that is easy to read at a glance』
『Life Costs Smart FX』
are also designed to enable such entries
Of course, in my method too, I have faithfully inherited that,
and consider it the most important factor, integrating it into the logic
「Aim for a place where you immediately become positive after entry
Conversely, you have to be able to hold a position in such areas」
To repeat, this is a very good suggestion
Even if you say “Enter where it seems it will immediately become positive,”
It does not always become positive immediately 100% of the time
It’s only “where it seems it will move”
Then, what if it doesn’t become positive immediately?
Just cut your losses
Take a small loss or small profit and exit,
and then next time,
Trade with the plan of “Enter where it seems it will become positive quickly”
and trade accordingly
Set a maximum acceptable loss,
so that if price moves rapidly you can exit there
And next time,
Enter where it seems it will become positive quickly
Repeat and end up overall in profit
This is also something I do
If you cut, then in the next trade, take profits equal to the amount of the cut and reset
Then start again from zero
From this,
the idea of building the “method” from the “plan”
As a result of thorough testing, I deliberately do not implement a logic that forces exit by an indicator
(There are some proposals for exits by indicators, but it is not absolutely necessary to always do so)
With this thinking, turning the plan into a method would be a negative
Build the method from the plan
The plan must determine the method
If you want to adopt such a strategy, use this kind of trading method
That kind of thinking is also necessary when building the logic of the method
★★Supplementary PDF adding clarification of exit methods (4/16)★★
What is the currently published “New Life FX Method”
Aiming for 1 million yen per month with +10 pips per day (trading 2–5 hours a day)
Pro traders practice 1-minute FX methods★Explained with smartphone chart images
Two methods of the top trader (mentor) added in a best-of-both-worlds fashion,
・Added logic that clarifies entry points!
・Added explanation that clarifies exit methods
■Thoughts of overseas pro traders (legendary investors Buffett and Soros)
Trade not to “win” but to “make money”
Trade solely on the expectation of “long at places with high probability of rise”
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