There is no old or new information
FX is like uncertainty principle in quantum theory, and like chaos theory in that the market is extremely ambiguous
the market is extremely ambiguous
Indeed
the market has patterns
the market is faithful to support and resistance
the market is faithful to a type: trends (one-way) and ranges (horizontal or with angles)
However, what actually forms is
a trend! → it was a range
a pattern → it was support/ resistance
and so on, there are countless instances where it is full of “noise”
full of noise = ambiguity
Therefore,
there is no old or new information
Rather, those are temporary logics
It is important to have a style with no obsolescence or fad
To face the market positively
one must face it with a long-term perspective
Whether to hesitate over today's stoploss
or to pursue long-term capital increase
The market is ambiguous, so
if it moves back after a stoploss
that’s how it goes
However, that stoploss is a correct trade where the market hasn’t gone out of whack
New information and old information both lead to the same answer
Basically, it’s just whether the current market’s ambiguous movement is faithful to that logic or not
In reality, it isn’t the information that moves things, but the market’s ambiguity
You might feel it’s like FX philosophy, but
In reality, the market is extremely close to gambling
There are unseen mechanisms behind unseen places
Because the market moves
So the idea of “just don’t lose” is correct
When you hear gambling, you might think of pachinko or slots
But poker is closer to market selection
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 discipline
I think many people can develop a sense of market feel
In fact, by simply changing the trading logic, some people’s capital increases dramatically
“If you keep trading the same way, you’ll achieve the same results”
That is
Because FX is a transaction that makes a choice under ambiguity, it’s a rational statement
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