What you lose with FX is not just money
When it comes to FX losses,
many people think about
“how much money they lost.”
If you look at your account balance, you can immediately know the amount of loss.
But in FX, what you can lose isn’t only money.
There is one more thing.
Time.
Time spent watching charts is also a cost
When you start FX, the time you spend on the market increases.
Look at charts.
Search for methods.
Watch videos.
Read the news.
Think about why you lost.
And even after you close the screen,
you think,
“How was that trade just now?”
All of this is time in your life.
On losing days, you are even more likely to spend time
For example, you lose 10,000 yen.
Then,
“At least I want to recover today’s 10,000 yen.”
You think.
Look at the chart again.
Trade again.
Lose again.
Then,
you want to recover 20,000 yen next time.
In this way,
you spend time not to make a profit but to bring that day’s loss back to zero
sometimes happens.
Continue to think, “I’m still not studying enough”
When I wasn’t winning,
I thought,
“I just need to study more.”
Look for more techniques.
Read more books.
Watch more videos.
Look at more charts.
If you still can’t win, study more.
Of course, studying itself isn’t bad.
However,
“If I keep working hard, I will surely win someday.”
If you hold that belief,
the option to quit becomes harder to see.
Money can be restored, but time cannot
Money can be earned again if you work again.
But,
time once used cannot be returned.
If you spend 1,000 hours on FX,
you cannot spend those 1,000 hours again.
So,
when looking at FX performance,
not only profits and losses,
also consider “how many hours you spent for this.”
I think it’s better to think about it together.
The longer you continue, the harder it is to quit
If you spend many years on FX,
you tend to think, “If I quit now, all I’ve done will be wasted.”
This also connects to the concept of sunk costs.
The more time and money you’ve spent in the past,
the more you want to continue because of that reason.
But what you really should consider is
not how much you’ve spent in the past, but whether there is still value in continuing
from here on.
FX can have “time-cutting” too
If you start FX,
not only the amount you can lose,
but also set in advance the amount of time you can spend
is a way of thinking.
For example,
one hour per day.
A few hours per week.
Review it every three months.
If it starts affecting work or sleep, take a step back.
That’s the rule.
Even two hours a day, over a year, is more than 700 hours.
With that time,
you can learn work skills.
exercise.
spend time with family and friends.
try another side business.
you can also choose to do nothing and rest.
Don’t evaluate your entire life only by FX profits
Even if FX is slightly profitable,
if you watch charts for many hours every day and
always think about the market,
is that really the life you want?
I think the answer varies by person.
If you love FX and enjoy the time spent, that is one choice too.
But if you think,
“I started this to be free, but the market is taking up my time,”
you can take a moment to pause.
What you lose in FX is not only
money.
Time.
Mental focus.
emotional space.
I think it’s better to consider all of these as well.