【FX Video】Why the Crab Trader Says You Must Track Your P&L from Day One, Otherwise You Can Never Be a Consistent Winner
We asked the YouTube live-trading sensation, the Crab Trader, what habit beginners must first acquire when starting FX. It is “keeping a record of earnings and losses.” Those who cannot reliably record daily wins and losses will never become consistently profitable. What is the reason?
(Interview: FX攻略.com Editorial Department, Takehiro Shikanai)
What you can learn from this video
In this video, you will learn the following:
- Do you keep a record of your trading outcomes?
- Repeating the same mistakes happens because you do not keep a record
- How many trades are needed for a strategy with a 50% win rate to statistically settle?
- Preserve the settings when you’re winning big
- The earnings-tracking app used by the Crab Trader
● Video: 10 minutes 2 seconds
Crab Trader’s profile
Started YouTube Live on January 15, 2018. He has been streaming all 12 hours from daytime to late night, showing every trade live. Under the themes “Make money, in front of your eyes” and “Make money, in front of you too,” he publicly discloses limit orders, stop orders, and entries every day.
YouTube channel:fx Crab Trader KazuYoung
A word from the editor-in-charge, Shikanai
Everyone, are you properly recording your daily wins and losses?
For those who aren’t, this is very problematic. The reason is explained in this video.
How to view FX technique videos
The portion you can view is embedded at the bottom of this article (this article’s bottom). Click the play button to start the video.