April 10th (Mon): Nikkei 225 VS Russell 2000 (Course: "I can't make any money at all...")
Good morning☀
This is something I’ve mentioned before, but I’ll say it again.
Just recently I received a question…“I’m not making much money”that was the gist.
It’s true that you can’t make money easily in many cases.
Nothing goes smoothly that easily, does it?
Most people who aren’t profitable think
“This method is no good! Is there anything else that’s good?”
“Oh! This method seems to hit the mark! It looks like you can earn money!”
“Can I earn money easily? I think I can do this too!”
They fall into this kind of thinking.
Yes, you must never do‘the Holy Grail hunt’, right?
If you want to sell a product, you’ll see it as multiple picks of the ones that hit.
It’s even easier to deceive if you show 10 or 20 chart images that hit rather than 3–4 that did.
Everyonewants to earn easily, you know.
Therefore, if you see many images that look easy to earn, or dozens of them, it’s natural to want to try them.
But there is no such thing as an easy job in the world?♂️
So you should do the opposite.
This is what the principal said at my son’s kindergarten graduation ceremony.
“When you’re unsure which path to take,
continue to choose the harder option!”
Don’t have a mindset of ‘earn easily’.
If you truly want to earn, you must grit your teeth and thoroughly delve into it and understand it!
And the essential thing to understand is
‘No matter how much you analyze, you can never know how the chart will look in the future!!!’
That’s what it means.
“It will absolutely turn out this way”
If someone claims thatPerformanceorfraudthey are?
Even after decades of involvement in the market, you cannot know the future waveforms.
(I’m still only in my teens in terms of years, but even a market veteran with over 30 years, Mr. ○○, says the same thing.)
So studying to predict future charts is not how you become profitable?
If you don’t know the future, then what should you do?
One answer is‘scenarios’, and
A plan that is built on a scenario‘strategy’is what it is!
To put it simply…
Build a ‘scenario’, then proceed withbased on the scenario
where to enter funds?
how to fund the entries?
how much capital to deploy?
to consider.
This is‘strategy’.
In the process,
where to set stop-loss?
where to set take-profit?
If you don’t consider these, your Lot won’t be determined.
Alsowithout considering risk-reward, you cannot judge whether a trade is worth entering.
All of this must be thoroughly analyzed. This is trading.
It’s far from earning easily, is it?
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