Adding environmental awareness turns losses into profits
Good morning, this is Matsushita.
Yesterday, we held Makoto Investment School's Stock Investment Skill Development Course and
the Trade Research Meeting.
As always, that time allows participants' investments to change with a noticeable impact,
a time of learning you can truly feel.
Today, among yesterday's lessons, I would like to write about concrete advice that is effective for any kind of buying or selling.
It is extremely simple,
"Use a longer-timeframe candlestick chart as your environmental recognition,
instead of the candlestick chart of the time frame you are trading on."
Those who usually trade on a daily chart should practice environmental recognition on a weekly chart,
and those who always trade on a 5-minute chart should practice environmental recognition on a 30-minute chart.
In fact, fourteen years ago, by properly introducing weekly-chart environmental recognition,
my investing changed into one that won rapidly.
For me, this environmental recognition was a form of "cycle theory,"
and in technical analysis it is a common method known as multi-timeframe analysis.
A trend-following investor enters when the daily chart moves in the trend direction,
but at that moment, he will only enter if the weekly trend is in the same direction as well.
A contrarian investor enters against the price movement when the daily chart shows an overextension,
but if you also confirm an overextension on the weekly chart,
the win rate becomes higher, and furthermore, the profit margin can
expand greatly.
This is only the very beginning of long-timeframe environmental recognition,
just a single example.
However, most individual investors do not know or practice this environmental recognition.
Simply introducing this makes it easier to win.
There is a clear reason why your funds are decreasing, and
there is also a clear reason why winning investors are increasing their funds.
Moreover, as explained above, these reasons are clearly shown everywhere.
To reduce losses and increase profits,
you must study up to an appropriate level.
There are many materials right in front of you, so please study with attention.
Your trades will dramatically change with long-timeframe environmental recognition.
People who begin studying to raise profits
Makoto Investment School Online FX Investment Skill Development Course
participate to acquire strong trading skills.