【FX】Foreign traders' trading methods follow the trend, Japanese traders' trading methods counter-trend

As has long been said

Japanese people are often called "ducks" by foreigners

That comes from the difference between Japanese people using short-term strategies and foreigners using long-term strategies

The timeframes needed for profits in FX are first different

foreigners require a 1-hour timeframe, but

Japanese people prefer scalping, so they need 1-minute or 5-minute timeframes

I would like to compare with past markets,

but the market viewed on a 1-hour timeframe is completely different from that viewed on 1- or 5-minute timeframes

Short-term strategies have more trading opportunities, but are more easily caught in noise

In other words, even from a trading method perspective, the number of losses tends to be higher

If you switch to a mid-term timeframe,

the number of opportunities decreases, but so do the losses

I want you to think about

What traders actually want/need? must be considered

That is profits and capital increases

Therefore, simply leaning toward scalping is not particularly advisable

Markets are moments, but they move during the business day

Therefore, there is no need to cling to short-term timeframes

That does not mean there is a need to adopt the same long-term timeframes as foreigners

However, as explained, trading only on short-term timeframes has many drawbacks

If you want to earn a living from trading or to grow your capital

A mid-term timeframe with a scalping to day-trading style is the most realistic

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