May 25 (Sat) Things to worry about and things not to worry about in EA operations
EA developer's Reiwa double-E is here.
This time
「What to pay attention to and what not to in EA operation」.
After all, EA operation is about
what to pay attention to and what not to pay attention to,
capturing such key points is
extremely important for earning in the shortest path.
【Things to pay attention to】
・Choosing an EA
・Risk management
・Why did you lose? (including internal and external factors)
【Things not to pay attention to】
・Differences between accounts
・Latency
・Each individual trade
Roughly speaking, I think these are the points.
First of all, in EA operation,
“The outcome is decided at the point of selecting the EA”Please consider this.
Trying to win with a bad EA is impossible.
Even if you analyze each individual trade,
the EA will do automatic trading anyway, and
even if you try to intervene,
the logic is a black box, so it’s not feasible.
Moreover, for someone who started with EA after not doing well with discretionary trading,
adding a semi-discretionary element to EA is even more dangerous.
Instead,
“Choose the EA carefully at the selection stage”
is the most important thing.
Regarding how to choose an EA,
all the details are thoroughly covered in my Investment Navigator+ article,
so please refer to it.
And even if the method of choosing an EA is good,
if risk management is sloppy,
no matter how good the EA is, it will surely fail.
Please implement risk management thoroughly.
Please read the following.
https://www.gogojungle.co.jp/finance/navi/articles/64703
And,
analyzing “why you lost” is also important.
・Are you becoming focused on scalping too much?
・Even if you lost, was it within expected range?
Let's objectively analyze the causes, including introspection.
With that in mind,
differences between accounts are things that can occur,
latency is also determined by environmental differences,
there's no point in getting emotional over each individual trade.
If you pay attention to the above “things to pay attention to,”
“the outcome is already decided,” so
you can ignore everything else.
This may require a mindset shift,
and it may be very hard, but unless you change that mindset,
you cannot have good EA operation.
I think this is a major crossroads.
Well then.
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【Reiwa's Double-EA Listing】
https://www.gogojungle.co.jp/users/112481/products
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【Reiwa's Double-E's serialized articles】
https://www.gogojungle.co.jp/finance/navi/series/1700--------------------------------About “the calculation method for EA risk management”
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About “the calculation method for EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
Tips to spot fraudulent products (in the case of EA)
https://www.gogojungle.co.jp/finance/navi/articles/64738
Where to check first when you don’t understand something about EA
https://www.gogojungle.co.jp/finance/navi/articles/65619
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■No-nonsense! Gogojan raising questions!
https://www.gogojungle.co.jp/finance/navi/series/1701
Where is Gogojan’s inquiry form?
https://www.gogojungle.co.jp/finance/navi/articles/64723
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■Double-E FX ramblings
https://www.gogojungle.co.jp/finance/navi/series/610
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【Reiwa's Double-E's beliefs】
Develop EA with a proper method,
serve a larger audience with care,
and maintain a long-lasting WIN-WIN relationship,
aiming to revitalize the EA market and raise literacy.
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