Junichi's Scalping Class | Why Mental Mindset Matters in FX Part 2② [Junichi FX]

Junichi FX Profile

Junichi FX. AFX scalping trader, FX mental advisor, FX coaching, financial planner, insurance agency, management consultant, and active in various fields. Trading with a focus on price action scalping, aiming for 1000 pips per month.

Twitter:https://twitter.com/junichi_fx

※This article is a reprint/edit of FX Strategy.com March 2019 issue. Please note that the market information written in the text may differ from current market conditions.

In Part 5, we discussed the importance of "mentality" in FX, covering its meaning affecting trading and ways to identify and improve one's own issues. This time, we will continue to consider mentality from another perspective.

Recognize the current situation and concretize the problems

If you divide the current situation into three major stages — “more months with losses,” “repeatedly fluctuating between gains and losses on a monthly or yearly basis,” and “profits continuing every year” — each stage has characteristic problems. By understanding your current situation, you can concretize the issues and think about how to improve.