[9 o'clock Day Trade: FX Answer Reached Through 10 Years of Verification] What truly matters is the "timing of entry"
Good morning. This is An-chan?
Continuing from last time, this time we will discuss "the timing of entry."
Publishing a book this seasonwill be done, so please look forward to it!
What is truly important is the "timing of entry"
Last time I talked about why you can't win with trend-following alone.
Even if the market direction aligns, that alone is not enough to win.
I bought because of an uptrend.
But as soon as I bought, it fell and I cut my losses.
And after cutting losses, it rises as if nothing happened.
Haven't you had such experiences?
I have experienced it many times.
And for a long time,
"The direction was right, so why did I lose?"
I have wondered about it.
Then I realized something.
The important thing is,
"Not just up or down."
"If the entry timing isn't correct, the trade won't be valid."
That is what it means.
There are times in the market when you must not enter
Even in the same uptrend, entering at different points does not always yield the same result.
There are places where you immediately gain profit after entering, and places where it falls back a lot first before rising.
If you enter at a worse place, even if the direction is correct, you can end up taking a loss.
That’s why I,
do not enter simply after confirming the direction.
I wait until another condition is met.
That is the
timing of entry.
What I have been using for years
To determine that timing, I stillCCI and EMAare used.
This is not saying, "you will win if you use this indicator."
What matters is,
"what you are using it to observe."
Here it is.
I look only at candlesticks and
feel that it is going to go up soon
or that it will go down from here
and I do not want to invest funds based solely on that feeling.
Trading is,a job where you make money by using money.
If you make a wrong judgment even once, you will pay actual money for that mistake.
That is why I visualize decisions as much as possible and aim to judge using the same criteria every time.
What I sought was "reproducibility"
It's meaningless to win only by chance once.
The judgment you made today should be possible tomorrow as well.
Next month too.
Next year too.
Under the same conditions, you should be able to make the same judgment.
I have been focused on that.
And after many years of backtesting,
"Direction and entry timing must be considered separately"
I arrived at this conclusion.
The direction is correct.
Moreover, the timing to enter is correct as well.
I only consider entering when these two align.
Specifically, what I look at in the CCI and EMA to determine that timing.
This is an important part of my current trading method.
On my free blog, first I will write, in order, the premise of the question **"Why is timing necessary"**.
Well then, everyone, take care ( `ー´)ノ
End