【Each attempt's result is random】Reflecting from a single result comes from the mistaken belief that each individual attempt will be correct.
If you are at a stage where you don’t understand the patterns or conditions, you shouldn’t be trading yet.
If you don’t understand, there’s no way you’ll win.
Each result is random, so even if you trade without really understanding anything, you can still end up with winning results.
Even though you can’t win without understanding, there are times when you win or string together wins—that’s the tricky part of the market.
Because you can win even when you don’t understand anything, you might get the wrong impression.
However, as you repeat it, if you act without understanding, you will end up losing overall in the market.
Each individual result is random, so it might be called gambling, but as you increase the number of attempts, the element of luck disappears.
It’s a world of pure skill.
An absolute beginner who understands nothing cannot win.
Mahjong might also be considered gambling in its genre, but it is entirely a world of skill.
I used to work as an accountant for a company that runs many mahjong parlors, so I watched all the employees’ mahjong records.
In mahjong, if you win, your salary goes up; if you lose, your salary goes down.
People with real ability win every month.
People without ability lose every month.
This can’t be called gambling where you never know if you’ll win or lose.
Even people who win every month can have days or games where they lose, and there are days that end with a loss for the day.
However, after you accumulate results over about a month, the results align with actual ability.
Even people who lose every month can have games where they win, and some days end with a win for the day.
Even if you think, “If I keep winning like this, I’ll be fine,”
for someone without ability, by the end of the month, they’ll still be overall losing.
There are people who lose every month and have no salary.
Why do they keep at it even without a salary?
I’ve spoken about those kinds of stories.
In the world of mahjong competitions, it’s better to work normally and earn money that way.
“I don’t quit because there’s a dream that I might earn millions in a month.”
That’s what I used to say.
There isn’t even talk of studying or making an effort for that purpose.
So winning is impossible.
It is completely a world of skill.
Becoming capable without studying or making efforts to improve is unlikely.
Because it’s a world of skill, you need to increase your ability if you want to win.
The trading world is the same; since it’s a world of skill, you must increase your ability to win.
This is a very obvious point, but I think people can’t accept it because there is random variation in each trade.
Even without ability, you can win a single game or trade, and you can end a day with a win.
If there were a game where you couldn’t win even a single trade without ability, I don’t think you would continue believing that you might suddenly start winning by continuing.
【Each outcome is random】
This is one of the truly important keywords, I think.
Finally, I’ll share a story from when I was consulting.