I spoke with three full-time traders earning over 8 million yen per month, and it turned into a very interesting conversation
I was talking with three full-time traders who earn over 8 million yen per month,
and it turned into a surprisingly interesting conversation.
One of the themes that came up was
“If you were to return to being a company employee now and could only look at charts for 10 minutes a day, what would you do?”
That was the topic.
Even though the methods differ, the answer ended up being almost the same.
First thing to do is
“Open only the daily chart and look at the horizontal lines.”
That’s all.
If you only have 10 minutes, there’s no time to look at lower time frames.
Open the daily chart first,
・the most recent highs and lows
・price ranges that have repeatedly rebounded in the past
Just confirm these two things.
All three of them agreed on this point:
“When you have no time, reducing the information you look at actually increases accuracy.
As you start looking at lower time frames, the psychology tends to push you to act immediately,
and you end up entering with weak justification.”
That’s the point.
The concrete flow is
① Check the daily chart’s horizontal lines (2–3 minutes)
② Determine which zone the current rate is in (1–2 minutes)
③ If it doesn’t meet the conditions, do nothing for that day
④ If it does meet them, place a stop order and leave it
That’s it. There are days when you don’t enter at all,
and the biggest difference comes from choosing to do nothing as a normal option.
All three had in common that
“The more time you have, the more your judgment tends to dull.”
The takeaway was that information quantity does not equate to accuracy.
This is my method