[Preserved Version] The more you look at charts, the more you lose: The inconvenient truths of FX and the only way to break free
The more you look at the chart, the more you lose.
When you hear these words, many people may not understand their meaning. Looking at charts should be the basis of trading. If you don’t look, you shouldn’t be able to make a judgment. That reasoning is natural. But this is the truth.
That was true for me as well. The times I spent hours each day staring at charts, studying, and analyzing were the times I lost the most.
The more you look at the chart, the more you lose — the reason
If you look at charts for long periods, your brain enters a state of “I must do something.” Staring at a moving chart creates a sense of urgency to stay still.
“Maybe this is a good entry now,” “If it moves like this, I’ll miss out,” “I should have held that previous position a bit longer.” When these thoughts accumulate, you end up moving in situations where you shouldn’t have entered in the first place.
The longer you look at the chart, the more opportunities your emotions have to influence your judgment.Many losing trades are the result of moving according to emotions in situations where there is no edge.It wasn’t that the chart reading was bad; it was that you kept watching at times you shouldn’t have.
Three scenarios that prove “the more you look, the more you lose”
- Entering during a time with no edge. Because you have the chart open, you want to do something. You end up entering in a situation where you should have passed, resulting in a loss
- Early take profit. When you continue to watch the screen after taking a position, at the moment a small profit appears, the urge to “get out” arises. As a result, you leave money on the table that you could have earned
- Delayed stop loss. When you keep watching a position that is going against you, expectation grows that “it may come back if you wait a little longer.” The stop loss is delayed, leading to a large loss
All of these happen precisely because you keep looking at the chart. If you don’t look, at least the second and third can be prevented.
The only way out
The solution is simple. You must completely restrict the time you look at the chart and your purpose for doing so.
“Open only during the designated time,” “check the conditions then close,” “don’t open at other times.” If you strictly follow these three, most of the losing trades caused by looking at the chart can be prevented.
But to implement this, you need to know clearly what to do when you open the chart. If your action upon opening isn’t defined as a rule, you’ll end up staring for a long time again.
If it’s a rule, it takes only a few minutes
In the method I’m sharing, what to do when you open the chart is fully determined. Since entry conditions, take-profit line, and stop-loss line are all defined beforehand, the decision is completed with just a quick confirmation.
Flow from opening to closing the chart
- Confirm whether it is within the designated time
- Confirm whether the entry conditions are met
- If met, enter and set take-profit and stop-loss lines
- If not met, simply close the chart
- Spend the remaining time detached from the chart
With practice, it’s all just a few minutes. The way out of the situation “the more you look at the chart, the more you lose” isn’t a strong will. It’s having a mechanism that allows you to close the chart quickly.
What you can gain from this skill share
- A full manual of a method that has all entry, take-profit, and stop-loss rules defined
- Purchaser-only chat room. One-on-one chat where questions can be answered anytime
- Online call support. One-on-one explanations while looking at your screen
- No need to monitor charts. It can be operated by confirming only during specific times
- Bonus: All paid indicators and EAs sold on GogoJungle are available for free for one account each
Reducing the time you look at the chart is the fastest route to increasing your win rate. We are offering this at a limited early-bird price for the first 6 people. Please check the product page for details.
Reducing chart viewing time is the fastest route to improving win rate
Because entry, take-profit, and stop-loss are all defined as rules, you can close the chart in minutes. We provide individualized support until you master a method that structurally eliminates room for emotions, through a purchaser-only chat room and online calls.
- Chart viewing time is minutes. Everything else is completely closed
- Teach all templates for entry, take-profit, and stop-loss
- Complete individualized instruction via purchaser-only chat room + online calls
- Full method manual included
- Bonus: All paid indicators and EAs are available for free for one account each
[Early Bird Price] Limited to the first 6 people
129,800 yen (tax included)
One-time purchase, no monthly fee / Price to be changed to 159,800 yen after 6 purchases