There is no old or new information
FX is like the uncertainty principle in quantum theory and like chaos theory in that the market is extremely ambiguous
the market is extremely vague
Indeed
the market has patterns
the market is faithful to support and resistance
the market is faithful to the patterns of trend (one-way) and range (horizontal or angled)
However, what actually forms
is a trend! → it was a range
pattern → it was support/resistance
and so on, to the point that there is no end to how “noisy” it is
noisy = ambiguous
Therefore,
there is no old or new information
Rather, they are temporary logics
It is important to have a style that has no obsolescence or fashion
To face the market positively
you must approach it with a long-term perspective
Whether to hesitate on exiting today or to pursue long-term capital increase
is the choice you face
Because the market is ambiguous
if you cut losses, it comes back
that’s what happens
However, that cut loss is a correct trade that doesn’t cause market madness
New information and old information share the same answer
Basically, it’s just whether the current market’s ambiguous movement is faithful to the logic or not faithful to the logic
In reality, what moves is not thanks to that information, but because of the market’s ambiguity
You might feel it’s like FX philosophy, but
In reality, the market is extremely close to gambling
In unseen places, there are unseen mechanisms
that cause the market to move
So the idea of “just don’t lose” is correct
When you think of gambling, you might recall pachinko or slots,
but poker is actually closer to market choices
When you read books by people who earned money from poker,
you’ll find decision-making that suits the market
It’s close to mental aspects
I think many people can develop a sense of market intuition
In fact, by just changing the trading logic, some people’s capital increases dramatically
“If you trade the same as now, you’ll achieve the same results”
is
because FX involves choosing amid ambiguity, it’s a valid statement