[9 O'clock Intraday Day Trading] The FX answer I arrived at after 10 years of testing / validation | I was also a trader who couldn't win
Good morning. I’m An-chan.
Today is Sunday. Let’s refresh by taking a break from daily trading!
In the articles up until now,
“Why do 99% of people fail to win?”
“The reason you don’t win isn’t talent.”
“Why buying expensive courses won’t make you win.”
“The real reason you can’t read charts.”
I have written about these.
Reading this far, you might think that
“From the start, I was someone who was good at reading the market.”
some people may think.
That’s absolutely not true.
I was on the losing side too.
No matter what I did, I couldn’t win
When you start FX, everyone wants to win at first.
I was the same.
I studied to win.
I looked into methods.
I tried indicators as well.
I memorized chart patterns.
“This time, I’ll make it.”
I traded with that thought.
But I lost.
Then,
“Maybe this method isn’t good.”
I thought, and searched for another method.
When I found something new, it felt like I had reached the answer this time.
But I lost again.
That was the repeated pattern.
The more knowledge I gained, the more I didn’t understand
Strangely, studying didn’t make me able to read charts any better.
Rather, the more knowledge I had, the more I wavered in my judgments.
One indicator said “buy.”
Another reason said “sell.”
When I looked at chart patterns, it said “wait.”
As knowledge increased, the number of decision points also increased, and in the end,
“Which belief should I trust, after all?”
I found myself in that state.
Looking back now, at that time I thought I was gathering “knowledge to win,”but I may have been increasing the reasons to doubt my judgments.
I doubted myself every time I lost
Losing repeatedly erodes confidence.
“Am I not suited for this?”
“Am I just not talented?”
I’ve thought that too.
Even though we’re looking at the same chart, those who win seem to see something that I don’t.
So I studied more.
Searched for another method.
But the results didn’t change.
For a long time, I went in circles there.
Nevertheless, I didn’t quit
Even so, I didn’t distance myself from the market.
Why did I lose?
What was different?
Was yesterday’s failure truly a failure in everything?
What would happen if I changed the conditions?
I began to review the charts one by one.
I didn’t find answers immediately.
Rather, I threw away many things that I thought were “it.”
Still, I continued testing.
And little by little, my way of thinking began to change.
Even failed experiences become data for analysis
Previously, I thought of losses as mere failures.
But as I continued to analyze, I realized that even losing trades contain information.
Why did I lose?
What was different from when I won?
Under the same conditions, what happened in the past?
Treat each loss as one data point.
Then,
“Yesterday’s loss becomes material for the next analysis.”
This mindset gradually changed my trading.
I didn’t come this far because I had some special talent.
Rather, I hesitated many times, made many mistakes, and took many detours.
That’s why now, I want to tell those who are struggling with not winning:
I was the same.
And what I began to do beyond that was
“to analyze yesterday’s losses for tomorrow.”
From now on, I will write about the “analysis” I have continued for ten years.
End
The next issue will be released on the weekend.
Well then, everyone, take care.