[Practical Method Logic] To make money in FX, you only need to take the middle of a “scene where it’s already risen about 70%”
[Practical method logic] To make money in FX, you only need to take the moment when the market is about to rise by about 70%
To make money in FX, the method of “taking the middle of the trend” is sufficient
I want to take from head to tail, everything
The idea of turning everything into profit is a mistake
In the first place, you cannot take the head and the tail, so
Not what can be profitably taken, but what cannot be profitably taken
In other words, if you push it to the extreme,
Profitability comes from the notion of “taking the middle of the trend”
Bet in the direction that is 70% up
FX's incorrect method: people who feel they always go against the direction of entry want to enter at the head or the tail
In my teacher's and my method's logic, the portion where that logic works is
This “moment when it’s about 70% up”
The logic that determines, “When this happens, it can be judged as the moment when it’s about 70% up”
Completely taking from head to tail with an unconditional logic is impossible
Nevertheless, even though you have a method that can make money,
“I want to take it up to the tail as well, but this method won’t allow it, so I’ll use another method”
There are quite a few people who let a profitable method slip away
To make a living from FX
“To make money, where and how should I take it?”
FX is not a game of taking everything
It is not gambling about whether you can take everything you can, winning or losing
Not to “win” but to work to “make money”
Where to make money?
⇒ Earn by taking little bits along the way as it goes up
What kind of method makes money?
⇒ Determine the moment when it’s about 70% up with a logic
What is required to logicalize a method
Where it is biased upward or downward
Derive the high-probability points with logic (edge)
As an example, in my trading method, the underlying idea is
Candlesticks have moments when they are rising or falling
In those moments,
When prices are rising, rising candles appear more frequently than falling candles
Of course. That’s why they rise
Seven-tenths go up, three-tenths go down, and thus it rises
This, “determine the moment when it’s about 70% up” by logic
Even fastest, you can judge from the point where the major trend starts to gain momentum
The “head” cannot be judged at that moment
Then, after confirming that the momentum has emerged, you enter
Of course, you must decide as early as possible, because by the time you’re near the tail, it’s already too late, so when you can be sure momentum has emerged, it’s already too late
Therefore, I want to derive the closest possible point to the earliest moment when the big momentum direction starts to flow, but you still cannot enter at the “head”
Entry is dangerous at the candle touch
Only after it touches and then rebounds and moves in the direction of the flow can you enter
You can enter at the point where you can decide that
This got a bit detailed, so I’ll keep it simple
In short, the well-known maxim
“Give up the head and the tail”
That’s the point
Let’s take the middle of the moment when it’s about 70% up, bit by bit
Trying to take everything right up to the limit from the start is impossible in the first place
That’s what it means
Currently, this is the method I am practicing
(I’ve also added a currency strength/weakness filter here)
★★ Steady trades of only +10 pips per day (2–5 hours per day) ★★
From two methods taught by a real pro trader (my mentor), I’ve combined the best parts and added a logic that clearly defines entry points
Trading method not for “winning” but for “making money”
Trade with the expectation of “going long” at places with a high rate of rising
Think like overseas pro traders (legendary investors Buffett and Soros)
https://www.gogojungle.co.jp/tools/ebooks/76385
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