10 Steps to Make the Crab Trader式 FX a Pillar of Income — Step 10 Final: Be Careful of the Mysterious Sensation of Reasonableness

Cani Trader's Profile

Kanitore-da. On YouTube live streams, he shares his daily trades and achieves 3 million to 10 million yen. In 2019 as well, every day from 22:45 he does face-revealing live commentary. The theme is "for viewers to win" and "a healthy FX channel."

Twitter：https://twitter.com/keibakinma

First, focus on money management rather than the method!

This is something I have repeated many times in this series and on YouTube streams. Money management is the starting line. No matter how advantageous your method is or how great your tools are, if money management is off, you won't see results. This is one reason why the truth is that “the method doesn't matter.” Methods and trading styles vary by person, but money management is a必須 item for all traders.

In that sense, trading should be done with excess funds, within a mental tolerance, using trade lots that are unlikely to trigger a forced liquidation. If you trade with money that would ruin your life if you lost, you become overly risk-averse and your emotions will be unsettled. Similarly, if your trade lots are too large, the same problems arise. And a forced liquidation rule is there to protect investors in the very end, so it is natural to trade with settings that avoid triggering it first.