How to prevent losing?
To avoid losing with FX there are two things
The first is to thoroughly determine manual stop-loss
However, only a limited number of people can do this
In fact, from what I’ve seen on live broadcasts
That person did scalping in seconds, but it was a参考 (for reference)
However, with scalping by the second, you are swayed by market moves
Ideally, you should have a day-trading perspective; at best, between scalping and day trading
Some people leave it alone, but everyone still checks
It would be convenient to set an alarm at a certain number of pips so you receive an email notification
I personally use rate emails on DMM FX
The second is to set a stop loss
However, if it’s too long, funds will grow slowly, so set a small loss
Some people set it at 5 pips, but
If the spread is large, please judge pips on the chart
If you mechanically set 5 pips or 10 pips
It won’t work well on charts with price movements
From the markets I’ve watched
There were times when stop losses were 30 pips, and
If you don’t look at the chart properly and instead decide by high/low mechanically
You may steadily increase losses
Using stop loss means losses are leveled, to a degree
Then you realize you must chase profits
That’s where trend following comes in
Some will even recommend 1:4, it’s that important
I personally keep profits as frozen = profits infinitely large
At first I was anxious, but by narrowing trading opportunities I could freeze stop losses and profits
1:4 means profits are that much greater
It has a considerable effect; however, unless you thoroughly follow the trend
your win rate won’t come, so by referring to the past
you must consider characteristics of trend following to some extent
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