Causes and Remedies for a Loss-Fearing Investment Habit | Episode 4 [Sweet Trader]

In FX, the mental aspect greatly influences trading outcomes. Since only a tiny percentage of traders can keep winning overall, many traders can be said to have a shaky mindset. Here, we ask a sweets trader to teach methods to improve such mental aspects through thorough self-analysis.

*This article is a reproduction and revision of a article from FX Strategy.com February 2020 issue. Please note that the market information written in the text may differ from the current market.

Sweets Trader Profile

A former foreign exchange trader at a large securities firm who loves sweets. Began investing in college, and after two losses wiped out savings in FX, made a comeback. Later worked in MBS investment at a bank, and as a trader in foreign exchange spots, forwards, and options at a securities company before working as a cryptocurrency exchange trader.

Blog:https://bitcoin-currenciesblog.com/
Twitter:https://twitter.com/sweetstrader3

What is the method to create a trading strategy that anyone can use?

Many beginners to investing start their investment life without recognizing the importance of mental control. In last month’s issue, we explained what to do to succeed in trading by understanding one's own emotions, and what trading period should be set. We also clarified which trading period one should trade in. Finally, we will explain how to create a trading strategy from that trading period and summarize everything up to now!