Learn the secrets of assets worth 6 billion and the three absolute rules to prevent FX from becoming a "casino"
Hello, I am oukanoakari (All-Mighty) ✨
Actually today, I was watching a YouTube video and was unexpectedly astonished.
From zero assets and sleeping in a car,to building assets of over 6 billion yen,(Luke Belmar) shares his mindset in this video.
After watching it, I was struck with shock.
“This is exactly the same as the FX trading philosophy I’ve cherished for years…!”The answers I arrived at after years of facing the market were beautifully verbalized.
Today, for those of you who are tired of “searching for the Holy Grail” in FX and are suffering from mental fog,
I will translate the mindset of this billionaire into FX anddiscuss the essence of becoming a winning trader..
? Truth 1: Pay attention to what wasn’t said
In the video, he said,“The truth about successful people's winnings lies not in what they say, but in what they don’t say.”and that’s exactly the same in FX.
The traders who are losing are more likely to swallow whole the statements of SNS influencers saying “buy!” or “sell!” and the superficial indicator signs.
But what you should really look at isn’t there.
Read behind the chart for the intentions of big investors andthe unseen information (what wasn’t said) and interpret it.This is the first step to surviving in the market.
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? Truth 2: Opportunities aren’t about waiting, but reading
“Opportunities aren’t about waiting or creating them, but about reading them.”
When I heard this in the video, I got goosebumps.
Because this is exactly my greatest strength,the overwhelming ability to wait.
Usually I monitor 28 currencies + gold, totaling 29 assets, based on day trading and the 4-hour chart.
When people hear that I monitor 29 currencies, they might think, “Are you always entering somewhere?”
No.I patiently anticipate the point with a guaranteed edge and cast a wide net.
I don’t wait with my mouth open and I don’t force entry points.
I read the market’s flow and stay stone-still until it comes onto my field.
This is the essence of my “waiting trades.”
? Truth 3: Eradicate dopamine addiction
Finally, he said this.“If you want to stay rich forever, pretend to be poor.”
When you take a large sum and indulge, your brain releases a strong dopamine rush and you become addicted, slipping back to a poverty mindset in an instant.
This is FX’s own issue of “fund management and mental state.”
When you win big, aren’t you tempted to say, “I’m a genius! Let’s bet bigger!”
As long as you’re turning the market into a casino and chasing dopamine, you will never win consistently.
Whether you win or lose, keep your emotions flat and calmly follow your trading rules.
Being honest with the market to the end. That is the absolute condition to survive in the market for a long time.
? Why I wrote this article
Why am I making such a disclosure?
BecauseI strongly believe in “increasing traders who face the market honestly, not turning it into a casino.”That is my guiding principle.
There is a lot of questionable information like “make 1 million a month just by pecking on your smartphone.” I don’t want to see people lose precious funds to such scams anymore.
FX is not gambling. With correct knowledge, a strong mind, and “overwhelming waiting power,” it becomes a powerful weapon to build your assets.
If you read today’s article and felt a little surprised, please also check out my other posts.
I will lay out how I face the market and what philosophy guides my trading.
All of that is here. ? [https://www.gogojungle.co.jp/users/695993?via=mypage_header]
Thank you for reading until the end ✨ This was oukanoakari (All-Mighty)!