Just doing only counts (quantities) isn’t enough
From previous articles ⇒Where is the difference in the trading journal?
Mr. M’s trading journal shows that he has done many trades, but there are many places where it is significantly abbreviated.
When I asked Mr. M about the differences, this was his reply.
“Whether entry reasons, etc. are written in text.”
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This is also the case.
From what I heard, he did it in order to save time.
“I thought about how to save time to trade 100 times a month. There was also a purpose to reduce the mental burden of past trades.”
He said he omitted various things in order to increase the number of trades. Also, since doing many times is mentally demanding, I think he aimed to simplify as much as possible.
This seems to have made doing 100 trades a month the goal.
Practicing 100 trades a month is a target, not the purpose, right?
There is a story about a former director of Keio University baseball club about practicing with the bat.
【Question】In practicing with the bat, is quantity or quality more important? Even if you swing properly, 50 times is tiring. (T-kun)
【Answer】Both quantity and quality are necessary in practice with the bat.
Tianting 王 Zaijiu? actually this seems misread: He was a home run king Hos? No, the content: The home run king Sadaharu Oh, when he was on the Giants, despite being a triple crown winner, swung many times more than us every day. When you’re close, the concentration of each swing and the sound “whoosh” are so intense that it’s almost scary.
That’s all.
T-kun felt that if he swung properly he could only do 50 reps, so maybe he should loosen up a bit? But maybe doing more reps (quantity) is better, he wondered.
The answer is: both quantity and quality are necessary.
The home run king Oh swung with high quality in quantity as well.
Trading practice also requires both quality and quantity.
But first, quality is what matters.
Another person’s story: someone reading my FX member blog and practicing trading asked for help because they couldn’t turn a profit overall.
When I looked at their trading journal, just by looking at the first page I thought, “They aren’t reading the FX member blog.”
I asked, “How many times did you read the member blog?”
They said about ten times.
Ten reads are plenty in terms of quantity, but in terms of output results, it shows that they skipped over things.
I often say that blogs should be read repeatedly, so I think they focused on quantity, but quantity becoming the purpose might have happened.
One suggestion for reading.
Read one article, read one line of an idea or explanation, and check it in a study notebook.
Check “I understand this.”
Check “This I understand and can practice.”
In this way, if you check each article one by one, you may reduce skipping over things.
Re-reading is important, but please read each article carefully, one by one.
Study Notebook
If you think “I see” or “I learned a lot,” I recommend writing it down.
Just reading and thinking “I see” may not help memory stick.
Note things you noticed and learned, and keep them for review.
I previously introduced my study notebook.
Writing down what you learned from books, printing things out and pasting them in a notebook—such plain tasks are bothersome but important.
If you read and learn but nothing is written, the knowledge won’t stick easily.
If possible, carry your study notebook with you.
There used to be talks by Mentalist DaiGo about this study method.
This time, the focus is to avoid merely increasing the number of repetitions.
The aim is not to do quantity for its own sake.
First, after raising the quality, then perform the quantity.
Past article links↓
https://www.gogojungle.co.jp/finance/navi/699/11076