[Method Logic] On a train, with a chart on your smartphone in hand, by testing the method and being able to visualize a winning strategy, you win
【Logic of the Method】On a train, with a smartphone chart, if you can validate the method and picture how to win, you will win
Trading on a smartphone is not the only thing;
there is a good way to utilize a smartphone
Even if you want to become a trader,
most people cannot become a full-time trader overnight,
and the usual flow is to start as a part-time trader
Open MT4 on a PC, properly analyze charts, and advance study of trading methods,
to engage in trading would be ideal, but
if you have other work, it’s hard to do so
From various situations, many people can’t find time to sit at a PC and trade seriously
and devote time to trading
■ You don’t have time to verify?
You can’t allocate time for chart analysis and testing of trading methods,
and you end up trading anyway, even in an insufficient situation
there are people like that
■ Do you not need to verify in the first place?
In the first place, chart analysis and verification of trading methods are not always considered necessary,
and some people just start trading
that’s many people as well
Both share a common issue: lack of verification, lack of study
The chart is a maze
Without verification and study, you’re like blindly throwing money into a maze
A common story heard from pro traders
“I just kept looking at charts and researching and verifying endlessly”
Rather than chasing the Holy Grail, analyze past charts and verify
Even within the maze of charts, there are trends
The task is to discover tendencies and quirks
If this happens, the probability of rising is high
If this happens, the probability of falling is high
Identify when the chart shows biases up or down
If you just look at charts blindly, you won’t know which way is north, south, east, or west, like looking at a map without orientation,
you need a yardstick-like basis, such as “in this case, what would you measure,” to look at the chart, or you won’t escape the maze
In the very beginner days when I first touched FX and displayed moving averages on the chart, I was impressed
“With this, I can win! It’s easy!”
Well, of course, that wasn’t the case, haha
Try adding indicators
Study chart patterns
Line trading
Learn from someone
Somewhat, at least, you need a certain direction to base your efforts, or you’ll be significantly off course
Even in school, there are textbooks
If there are no textbooks, telling you to study mathematics without guidance doesn’t tell you what to study
Starting to trade without any research is what this means
So, what should be the textbook?
From my experience, I learned a method from my mentor, and using that as a base, I looked at past charts
“If you want to win at this point, this is what you should do”
“Essentially, times when you’re likely to lose”
“This is why I’m looking at this, and this logic arose”
“Good signs” “Bad signs”
and so on, learned by matching the method with the chart
If you can picture “where you can win with this method,” trading becomes easier
Looking at charts with a purpose, rather than blindly, is like a different scenery
I think you can imagine it clearly
Furthermore, when you understand “why you win,” you can master the method, making trading even easier
If you can trust the method and be convinced that you can stay profitable overall, you will master the method and keep profits
Important past chart analysis, verification
Hence, trust in the trading method
With that, you can proceed to practical real trading
Back to the topic,
so, if you’re working another job and start trading as a part-timer, what should you do?
Even if you can’t set aside time to sit at home and study FX thoroughly,
I still believe past chart analysis and verification of trading methods is necessary
(to gain trust and confidence in the method)
Then you must use the time you have in your daily life
During commuting time to and from work, breaks,
short gaps of free time, if used effectively, you can still allocate a decent amount of study time
I did this myself, and surprisingly, you can focus and study even during train rides
While it’s also important to sit at a PC at home,
viewing on a tablet or smartphone in spare time is quite effective
If you’re willing to use your spare time,
you recognize that time is limited,
and naturally your focus increases
Interestingly, the mentor also developed a smartphone-focused method for these reasons
Additionally, in my method, the ability to display charts on a smartphone is designed for
not only to enable trading on a smartphone
but also to emphasize that research and verification can be done in spare time
Many people want to take FX seriously but can’t find time amid daily busyness
and
also, in such circumstances, people often rush to trade and lose important capital
as a result
First of all, become familiar with charts
Using a good textbook makes it easier to become familiar
If you grow familiar, you’ll naturally look at more charts and understand chart quirks
Trading becomes a process of studying because you want to
“Use a profitable method”
Rather,
“Make the method your textbook for winning”
It might be good to approach it with that mindset
In the train, you often see people intensely playing games on their smartphones
If you replace games with FX, that’s fine!
The method I am currently practicing is here
【Stable 1 Day + 10 pips】
The one-minute FX method I learned from a pro trader to escape the losing group (about 2–5 hours per day)
Explained with smartphone chart images
Logics that clearly show 【Entry Points】【Exit Points】
■ Thinking of overseas pro traders (legendary investors Buffett and Soros)
Trade method not to win, but to earn
Trade based on expectancy: long at high-probability locations, not just win rate
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https://www.gogojungle.co.jp/tools/ebooks/76385
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