A revelation for your eyes? Understand the essence of the魅力 of FX～～Which is more beginner-friendly, trend following or counter-trend?～～［Iidatchi-sensei］

Mr. Iidacchi Sensei's Profile

Former instructor at a preparatory school. Loves hot springs and holds a hot spring sommelier qualification, a professional FX trader. Using the method called "Close Price Trading Method," he has nurtured many excellent traders, and in his online study sessions, participants from all over the country—from the elderly to young people—learn together. The chart analysis method that emphasizes the "close price" is popular among part-time traders as a trading approach that does not require集中 trading around a 24-hour market.

Blog:A Great Comeback from 100,000 yen! FX Trader Iidacchi BLOG

Recap from Last Time

Hello, this is Mr. Iidacchi. Last time I wrote about the methodology of small losses with large profits. Is it achieved through multiple trades, or in a single trade? Both are strategies to pursue profit, each with its pros and cons and no definitive right answer. However, as a method to keep making profits, Iidacchi Sensei stated that it is better to establish small losses and large profits with a single trade aligned with risk-reward. More than predicting whether prices will rise or fall, this type of methodology is actually incredibly important.