What the developer has felt about FX and investment
☆Lastly
Thank you for viewing up to this point.
FX is about recognizing the characteristics and taking advantage with a high edge while adhering to several principles such as “risk management.” It is necessary to thoroughly carry out actions that are advantageous.
However, when using discretionary timing (your own timing), emotions and doubt inevitably cause confusion, and many people end up not succeeding in reality.
Here, we will share some aspects that make FX feel difficult.
♢Focusing too much on the result of each individual trade makes it extremely difficult to focus on the process over the long term that leads to overall wins.
There are people who won’t accept even one loss even if the profit rate is 1:1 and the win rate is about 66%.
If you compare to rolling a die, if 1–4 are wins and 5–6 are losses, by continuously rolling the die, the probability that you accumulate wins reaches 66.6%.
And if you roll the die 10,000 times
Win rate 66.6% → wins +6666.6, losses -3333.3 → total +3333.3
A PF2.0 world awaits.
Nevertheless
Many people end up panicking as soon as a 33.3% miss occurs in a row, saying, “This is not good.”
If a die had only 6 faces, it would be easy to imagine, but if this were a 600-face or 6000-face die, the instability before probability converges would completely confound you, causing people to chase “short-term wins” rather than total wins. This is, and people turn toward “short-term wins” instead of total wins.
I have seen thousands of such people.
“If I buy, someone is watching and I get prevented from gaining momentum; I’m set up to lose”
There are also people who slip into completely mistaken thinking like this.
This state where people are messed up by the nature of investing causes only a few percent to profit.
Ultimately, in order to win over the long term, accepting one trade loss (risk) is necessary; otherwise you become an FX refugee.
Thus, it is extremely difficult to stay calm and steadily work toward an unseen goal day by day without overreacting to the immediate trade result.
♢Investing does not yield results immediately and has a time gap
Continuing to expect results even when there are none, and endlessly seeking a way to win in a state where results have not appeared, while trying various trials, is truly hard and painful.
“Follow the rules and win overall.”
This goes without saying, but
the troublesome thing is that even with a method that has ideal edge, you can still lose.
Conversely, there are cases where a method with no reproducibility happens to win, and later losses continue.
“Wouldn’t it be better to take a part-time job that surely offers rewards?”
…and it’s understandable to think so.
In this way, even if you start to grasp the correct approach, losses occur as an inevitable part of a correct direction, making it difficult to persist.
♢FX has too many choices
Aren’t you being overwhelmed by complex indicators?
There is so much information that you end up not knowing what to do is best. It’s hard to succeed no matter what..
Haven’t you felt this way?
Considering the vast number of indicators and candlestick analysis methods, unless you become a full-time trader, you won’t reach your goal.
Even paid information about discretionary trading methods can be high-priced and completely unhelpful since it doesn’t necessarily publish real results.
However, EA products (Experts Advisors) are different. That is because the page shows forward operating performance, leaving no room to hide.
The EA products listed are,
they required extensive trial and error due to too many options, and it took six years of development to reach this point.
We will consistently repeat actions with high edge as the fundamental style of investing.
Product list: https://www.gogojungle.co.jp/users/649620/products