[9 o'clock Intraday Day Trade｜FX answer reached after 10 years of verification] Yesterday's loss is tomorrow's friend

Good morning. It’s An-chan.

Another week of hard work is over! Let’s relax this weekend!

There isn’t anyone who’s happy about losing in trading.

Me neither.

If I take a loss, I’m frustrated,

and I sometimes think,

“I shouldn’t have entered there.”

But after continuing to verify for ten years, my thinking about losses has changed greatly from before.

Because what has shaped my current trading isn’t only the trades I won.It wasn’t only winning tradesthat did.

Rather,

“Why did I lose here?”

This question sparked investigations that have led to my current way of thinking many times.

So I believe in the idea that

“Yesterday’s loss is tomorrow’s friend.”

I think that.

When I cared more about losses than wins

A winning day feels good.

When the price moves in the direction you aimed for and you make a profit,

you think,

“This method is good.”

But when you lose, that isn’t the case.

You thought you judged the same, so why did you lose this time?

That difference bothered me.

So I didn’t just erase the losing chart and end it; I went back over past charts.

I looked for similar situations,

and compared what was different between winning and losing.

I compared them.

Sometimes I found differences.

“Could this be the cause?”

Only here did a hypothesis first arise.

One loss starts a new investigation

Of course, finding it once doesn’t provide an answer.

I search for the same situation in past charts.

Ten times, twenty times, and go further back.

I check whether the same tendency appears.

If it differs, I discard that hypothesis.

I consider another possibility and investigate again.

I have repeated this many times.

Therefore, for me, a loss is not

the answer that this method is no good.

A loss is a trigger that says

“there is still something to investigate here.”

to guide me.

Trying to erase losses leads you into a maze

However, I also made a big mistake here.

Every time I lost,

I would think,

“If I had added this condition, I could have prevented this loss.”

Indeed, if you only look at that loss, you can prevent it.

But to prevent the next loss, you add more conditions.

If more losses occur, you add even more.

Before you know it, you’re full of rules.

And then you don’t even know what you’re basing your trades on.

That’s when I realized.

Verification is not about erasing all past losses.

Even if you anticipate losses, does repeating the same judgments yield results?

That is what you should look at.

Since changing this mindset, I’ve been less tossed around by losses.

When you lay out wins and losses side by side, you see more clearly

What I prioritized most was not just looking at losing charts.

If you only look at losing moments,

you can easily invent reasons like,

“That was bad.”

“That caused it.”

So I compare with winning moments as well.

The same conditions, yet this one won.

This one lost.

What was the same, and what was different?

I repeat this examination.

Gradually, what is truly necessary and what isn’t becomes clear.

In fact, I haven’t only added new conditions;

I have discarded many things I once thought necessary as a result of verification.

I verify again only with what remains.

This accumulation continued for ten years.

There are things found specifically because I lost

If I had always won, I don’t think I would have gone through this level of verification.

Lose.

Question why you lost.

Investigate the past.

Form hypotheses.

Verify them.

If they’re wrong, discard them.

And then verify again.

This cycle repeated.

In other words, for me, losses aren’t just records of money lost.

They are records that tell me where to investigate next.

Winning trades leave profits behind.

But,

losing trades leave material for improvement.

Whether you discard that material or use it next is up to you.

You cannot pretend yesterday’s loss never happened.

But if you can extract even one fact from that loss,

the loss that tormented you yesterday can help you tomorrow.

So I believe,

“Yesterday’s loss is tomorrow’s friend.”

And to confirm each of the questions born from this “why,” I have spent a long time

repeating hypotheses and verifications.

Next time, I will talk about that.

That’s all

Well then, everyone, take care