What makes a person who seems simple and a person who doesn’t seem simple different? — Simple is Best — [See the essence]

Hello!

I’m Takashi, a former accountant, psychological counselor, and trader.

This time, the topic is: “What makes simple-looking people different from those who don’t look simple?”

There is a teacher A who taught me FX.

This is a story from when A was teaching trading to U.

U: “It’s a lot to remember and check, and there are various things—it's difficult.”

A: “Hmm, it’s simple, you know.”

U seemed to feel it wasn’t simple and found it difficult.

What makes simple-looking people different from those who don’t?

That is,whether you understand the essence or notthe difference.

It was about a year after I learned from A that I understood how simple his trading was.

My trading is simple too, but I think there are people who see it as simple and others who don’t.

I’ll explain starting from my trading.

This is an image from a trading video uploaded on YouTube.

I received a comment.

I answered like this.

There is a way to enter buy when I confirm that a new low is formed in my entry method.

Recently, I recorded a video here ↓

【Video】This is a usable way of thinking! Takashi Kirakira explains the “true high and low”

If you just remember “confirming three lows and entering,” you wouldn’t be able to enter in such a pattern.

This was previously posted on my blog.

The blue-framed part. Four candlesticks.

“Because there are four candlesticks, this isn’t an entry pattern.” That means you don’t understand the essence and you’ve only memorized a surface-level rule.

Speaking of rules, not just in markets—there are company rules and school rules and such.

Some people follow rules without understanding the essence, just because they’re “the rules.”

Why did this kind of rule come about?

There must be a reason a rule is made.

For example, “Because this happens, to prevent it, this rule was made.”

Why do you enter a buy when a low is formed?

“Takashi, you said you buy when a low appears, so that’s the rule.”

That isn’t understanding the essence.

If you understand the essence (why you buy when a low is formed), then you’d recognize that the following is also a buy entry, but if you don’t understand, you’d have to memorize it as a different pattern.

If you look closely, chart shapes are all different.

It’s hard to memorize every shape, and there are subtle, difficult variations.

If you don’t understand the essence of the rule, things become very tough and complex.

If you understand the meaning and essence of the rule, you can recognize various shapes as “essentially the same thing.”

In other words, it looks simple.

It goes down and then goes up.

Depending on the time frame you choose, the middle leg shape differs, but the movement is the same, right?

We look at “candlestick shapes,” but the essence of candlesticks is that they are a picture of movement.

Therefore, the essence is to look at how the movement occurred.

This was also written on my blog before, with a question.

It’s small and hard to see, but the blue circle marked the high, right?

If you say “enter on a higher high being lowered,” then the blue circle staying high is correct.

However,

when you think about why you enter on a lower high, is the blue circle correct?

It’s good to read with the mindset of asking what the essence is.

I’m not saying to avoid details and have you figure them out yourself.

We can’t draw every small form, and memorizing only the last “high-low shapes” is not the right method.

Understanding the previous explanatory parts is important.

If you read carelessly and only memorize “buy when a low forms,” that’s wrong.

In math, it’s like memorizing the calculation steps.

If you only memorize the answer to that problem, you’ll fail when numbers change.

However, if you memorize how to calculate, you’ll be able to solve it even when numbers change.

A先生 gave a talk about the differences between people who get results and those who don’t.

“People who get results don’t nitpick small things or keep asking questions.”

I think this is because they’ve learned to understand the essence.

People who don’t understand the essence will need to ask about many small chart differences, becoming prone to detailed questions.

Looking at details makes things seem complex and not simple.

When you read my blog, if you think about “what is the essence,” your understanding may improve.

If you understand the essence, even small details become irrelevant.

I received a comment.

“I don’t often see candlestick sequences like this.”

Indeed! I hadn’t noticed until someone pointed it out.

But this is irrelevant, isn’t it?

In describing the high, the middle is the highest, and the ends are lower. This is the essence I want to convey.

Therefore, this three-bar sequence is okay.

It looked like an awkward, unnatural arrangement, didn’t it? haha

When someone pointed it out, it was funny, but I hadn’t noticed until then that the arrangement didn’t matter.

Always think simply about things.

What is my true aim? What is the essence?

“Ah! This is what I want to do. The essence is this. Then other things are trivial, minor details.” You might realize such things.

When you can think simply, you may feel refreshed and lighter.

Simplicity is the best!

If you understand the essence, you’ll know that small details don’t matter.