Translate of the provided HTML to English (keeping HTML format, not in markdown code, and not breaking lines). Decoding standard characters before translation: Original: 冷静に考えるということ Translation: The thing of thinking calmly

FX is difficult, isn’t it?

To put it extremely simply, it’s a binary choice: to buy or to sell.

Going into a bit more detail, it’s about where to buy and where to exit.

This time I’m not talking about techniques, but rather from a different angle what the many people explaining this topic are actually talking about.

Different people use different indicators, but it’s common to hear about moving averages, horizontal lines, Fibonacci, etc.

Describing in videos or selling materials, they explain moves from yesterday or the morning as reasons to buy up to certain points, or to sell up to certain points.

That explanation can be difficult, and you may feel it’s hard due to your own lack of knowledge.

From the person explaining, it’s about certain conditions or certain patterns.

Of course there are irregularities and traps as well.

Even though the timeframes differ, listening to the same patterns every day shows that the buying and selling cases are similar.

So if you want a quick, concise takeaway, it’s faster to learn Chart Pattern Recognition.

Whether big or small, they describe similar movements each time.

What makes it difficult is the jargon and the fast talking that make it even more confusing.

There are many price-movement patterns, but first narrow it down to these two: Double Top and Double Bottom.

Do not venture into any other patterns.

By narrowing, you avoid trades on unnecessary swings, and losses become dramatically fewer.

However, many books and sites write about these things in abundance.

Even if you understand, putting it into practice is hard. When you look at short-term charts, price can move a lot, and you may find yourself jumping in unexpectedly.

I don’t intend to explain what many people are explaining; I hope you think more naturally.

What is it? It’s that you are trading to increase your money, right?

And even though you understand the basics, you can’t win.

Stop your current thinking.

If you keep doing the same things, your money won’t grow.

Doing the same thing means you’ll only lose money because you’re applying a losing method even though you were taught a winning method.

If you diligently trade every day and end up negative for the month, that’s a bad method, and no matter how much time you spend, it’s wasted.

You’ve studied hard, bought books, and spent money, right?

If you’re reading this, you’ve also spent money on this column.

Think more simply and act more simply.

The more complex your thinking, the more you feel FX could win, but the result is that you don’t win.

Assuming you know the price to watch, do you aim for a breakout, a buy on a pullback, or counter-trend trading?

None of these are right or wrong; what matters is facing honestly the method you intend to use and the price, and not bending your thinking, which over time makes your funds grow more easily.

For example, suppose a breakout occurs from a certain price, and you’re confident you can take profit at 100 pips. You gain confidence in that 100-pip take profit.

When you actually start trading and it breaks and profits ride up, you might leave it alone, but a slight reversal could surprise you, leading you to close for a small profit, or a drawdown could force you to cut losses.

Many people have price levels for stop losses even if you begin, but when you actually trade, take profit and stop loss often become inconsistent.

Regardless of win or loss, I think it’s good to practice, even on a demo account, by following the rules you’ve set one by one.