【Method Logic】On a train, with a smartphone chart, verify the logic and imagine how to win with the method
[Logic of the Method] Verifying the logic on a smartphone chart in a train and envisioning the method’s way to win is important
Not only trading on a smartphone,
but there are good ways to utilize smartphones
If you think you want to become a trader,
most people cannot suddenly become full-time traders,
and the entry often starts as a part-time trader
Opening MT4 on a PC to properly analyze charts and continue researching trading methods is ideal,
but if you have another job, it’s not so easy
There are many people who can’t devote time to trade heavily from various circumstances
From various situations, there are many who can’t take time to sit at a PC and trade seriously
for an extended period
■No time to verify?
There isn’t time to analyze charts and verify trading methods,
and some people just trade anyway despite incomplete preparation
I think there are people like that
■Is verification even necessary?
In the first place, chart analysis and verification of trading methods aren’t deemed necessary by many,
and there are people who just start trading
that’s also common
Both share a common theme: lack of verification and lack of research
The chart is a maze
Without verification and research, you’re just blindly trying to spend money in a maze
Professional traders often say
“I looked at charts relentlessly, studied, and verified continuously”
Rather than seeking a Holy Grail, review past charts and verification
There are trends even in the maze of charts
The task is to discover tendencies and quirks
If it behaves like this, the probability of rising is high
If it behaves like that, the probability of falling is high
Work to find times when the chart shows biases up or down
Simply staring at charts without purpose is like looking at a map of East, West, North, and South without any guidance, so you need a measuring yardstick to judge “What about this case?” and you won’t break free from the maze easily
When I was a total beginner and first touched FX, I was moved when I displayed moving averages on the chart
“I can win with this! It’s easy!”
Well, that wasn’t the case, lol
Try adding indicators
Study chart patterns
Line trading
Learn from someone
At minimum, you need to approach with a certain level of direction, or you’ll be forced to take a very long detour
Even in school there are textbooks
If you’re told to study math without a textbook, you wouldn’t know what to study
Starting to trade without any research or study is what this is
So what should be your textbook?
From my experience learning a method from a master, I looked at past charts and
“If you aim to win at this spot, this is what you should do”
“In general, this is a time when you are prone to losses”
“This is why I’m looking at this; this is why this logic exists”
“Good signs” “Bad signs”
I learned these by comparing the method with the charts
If you can form an image of “Where can I win with this method?” trading becomes easier
It’s a totally different scenery from blindly glancing at charts
Moreover, when you also understand “why you can win?”, you can master the method and trading becomes even easier
If you can trust the method and be convinced you can stay net positive, you’ll master the method and keep profits
Important past chart analysis, verification
Thereby, trust in the trading method
With that, you can proceed to practical real trading
To return to the point,
Then, how should you start trading as a part-time trader while working another job?
Even if you don’t have time to sit at home and focus on FX thoroughly,
I believe past chart analysis and verification of trading methods are still necessary
Then you must use the time you have in daily life
Commuting time to work and back, break times,
short idle moments can be utilized effectively, and you can reasonably conduct research time
I’ve done this myself, and
it’s quite possible to concentrate on charts during train rides
Of course, using a PC at home is important, but
you can view charts on a tablet or smartphone during spare time
It’s quite effective. If you have the mindset to use your spare time
You understand that time is limited,
and naturally your focus increases
In fact, the master already developed a smartphone-oriented method for this reason
Also, in my method, being able to display charts on a smartphone is intentional
Not only does it mean you can trade on a smartphone
It’s extremely important for research and verification to be possible in your spare time
Many people who want to take FX seriously can’t make time due to daily busyness
and
also, in such a situation, rushing to trade leads to losing precious capital
that happens to many people
First, get used to the charts
Using good textbooks makes it easier to become familiar
If you become familiar, you naturally view many charts and begin to understand chart quirks
From “studying” to “researching willingly and on your own”
“Use a winning technique”
instead
“Make the method a textbook for winning”
This approach is good to take
I often see people on the train earnestly playing games on their smartphones
If you replace games with FX, it’s fine!
★★Supplementary PDF explaining how to clarify settlement methods added (4/16)★★
The published “New Life FX Method”
Aiming for 1 million yen per month with 10 pips per day (trading 2–5 hours per day)
Professional 1-minute FX method ★ explained with smartphone chart images
Two methods from the professional trader (master) combined
・Added logic that clarifies entry points!
・Added explanations clarifying settlement methods
■Thinking of overseas professional traders (legends Buffett and Soros)
A trading method not for “winning” but for “earning”
Trade with the expectation of going long at high-probability up areas
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