[Method Explanation ⑧] You can validate the method with a smartphone chart! Envision how to win during spare time

[Method Explanation 8] You can validate techniques with smartphone charts! Visualize winning methods in your spare time

Not only trading on a smartphone,
but also there is a good way to utilize your smartphone

Even if you want to become a trader,
most people cannot suddenly become full-time traders,
and usually start as part-time traders

Opening MT4 on PC to properly analyze charts and study trading methods is ideal,
but if you have another job, it’s not so easy


Many people find it hard to set aside time to sit at a PC and trade exhaustively
and dedicate themselves to trading


■ No time to validate?
They can’t find time to analyze charts and validate trading methods,
and some people just trade anyway in an insufficient situation
without proper validation

■ Do you really need validation in the first place?
Some people start trading without much chart analysis or method validation,
and many others do so



What’s common to both is lack of validation and insufficient study

Charts are a maze
Without validation and study, you end up blindly throwing money into a maze

This is a common story told by pro traders
“I just kept looking at charts, studying and validating relentlessly”
Rather than chasing the Holy Grail, analyze past charts and validate

Even within the maze of charts, there are patterns
The work of discovering trends and quirks

If this happens, the probability of rising is high
If this happens, the probability of falling is high

The process of finding when the chart shows bias up or down

Simply staring at charts without purpose is like looking at a map of north, south, east, and west without orientation
You need to have a yardstick-like judgment to assess “in this case?” to escape the maze

When I was a complete 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, haha

Add indicators
Study chart patterns
Line trading
Learn from someone

If you don’t have at least a rough sense of direction, you’ll end up taking a very long detour

Even in school there are textbooks
If you start studying without a textbook, you won’t know what to study

Starting trading without any research

So, what should I use as a textbook?

I learned the methods from my mentor, and I used past charts as a base,
to think, “If I aim to win at this point, this is what I should do”
“In such times, I am likely to lose”

“This is why I want to look at this, this is the logic”
“Good signs” and “bad signs”

and learning by aligning the method with the chart

If you can form a vision of where you can win with this method, trading becomes easier
Watching charts aimlessly is a completely different experience from having a clear view
You can imagine it easily

Furthermore, when you understand why you win, you can master the method, making trading even easier

If you trust the method and become confident that you can stay in the plus overall, you’ll master the method and keep profits

Important past chart analysis and validation

This builds trust in the trading method
And only then can you proceed to real practice trading

Back to the topic,
then, if you’re working another job and starting to trade as a part-time activity, what should you do?

Even if you don’t have time to sit at home and deeply study FX,
past chart analysis and validation of trading methods are essential, I think

So you have to use the time available in your daily life

During commuting to and from work, breaks,
short spare moments, if you use them effectively, you can still conduct substantial study time
I did this myself,
even on trains, you can concentrate and look at charts
While it’s important to sit at a PC at home,
checking on a tablet or smartphone during spare time is quite effective

If you’re determined to use spare time,
recognizing that time is limited naturally heightens your focus


In fact, the mentor, for reasons like this, developed a smartphone-oriented method in addition to the one already used
Also, in my method, the ability to display charts on a smartphone is deliberate, because
it’s not only about trading on a smartphone, but
the ability to study and validate during spare time is extremely valued


Many people want to take FX seriously but can’t find time due to daily busy schedules
and

many end up starting trading in a hurry and losing precious capital
as a result

First, become familiar with charts
Using a good textbook makes this much easier

If you become familiar, you’ll naturally look at more charts and understand chart quirks

From “studying” to “studying willingly because you enjoy it”

“Use a winning method”
Rather,
“Make the method a textbook for winning”

This approach is better

You often see people on trains frantically playing games on their smartphone
If you replace games with FX, it’s fine!



The method I am currently practicing is here
[Steady 1 day + 10 pips]
A one-minute FX method taught by a pro trader that helped me escape being a loser (2–5 hours per day)
Explained with smartphone chart images
Easy-to-understand logic for [entry points] and [exit points]

■ Thinking of overseas pro traders (legendary investors Buffett and Soros)
A trading method not for “winning” but for “earning”
Trade based on expectation of “going long where the probability of rising is high” rather than “win rate”
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https://www.gogojungle.co.jp/tools/ebooks/76385


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