Causes and prescriptions of a losing-strategy investing hábito｜Episode 1 [Sweet Trader]
In FX, the mental aspect greatly influences the outcome of trades. Since only a small percentage of overall traders are able to keep winning, it can be said that many traders have a mental state that prevents them from winning. Here, through thorough self-analysis, the sweets trader will teach how to improve your mental state.
*This article is a reprint and edited version of an article from FX攻略.com November 2019 issue. Please note that the market information described in the text may differ from current market conditions.
Profile of the Sweet Trader
A former foreign exchange trader at a major three megabank who loves sweets. Began investing in college, recovered after blowing through savings twice in FX, and later worked in MBS investment at a bank, traded spot, forwards, and options in a securities company, and later worked as a trader at a cryptocurrency exchange.
Blog:https://bitcoin-currenciesblog.com/
Twitter:https://twitter.com/sweetstrader3
Methods to Correct Bad Habits Based on the Author’s Experience
The FX market is rife with pathological traders who are adept at losing in investing. These traders share one common trait: “people who do not truly understand themselves (pretending to know but not genuinely understanding).” I would like to share a prescription to rectify these traders (the old sweets traders) based on my own experience.
