Prologue: The Foreign Exchange Market, a Battlefield

Nice to meet you, my name is Nobushi.

Thank you for viewing this article.

I would also like to take this opportunity to thank the person in charge at GogoJungle for their request and cooperation.

Now, in this article I plan to focus on introducing the contents of the series.

As mentioned in the series introduction, I will delve into the most important aspect of FX: "cutting losses" (loss-cut).

I think everyone understands the importance of cutting losses, but perhaps the loss-cut techniques and logic are somewhat neglected.

In many methods, there is ample information about entries, but the loss-cut points are sometimes underexplained or not clear.

A method like "I cut losses when my funds feel strained by intuition" will never lead to consistent profits.

Of course, extending profit margins is important, but currently about 90% of traders are wiped out by stop-outs and exit the game; the truth of FX is that nine-tenths are losers.

Conversely, I believe that about 10% of traders possess the skill to mechanically and accurately decide when to "give up."

Cutting losses does not require mental effort, and if you feel you cannot withstand the loss-cut point, you should not enter in the first place.

In this series, I will introduce the philosophy of cutting losses, loss-cut methods, and the actual loss-cut techniques and points.

Of course, I will also periodically share the trading methods I have used for over ten years, so I hope you will find them most helpful.

(*Regarding swing trading methods, they have already been sold and are not described in this series. Please understand in advance.)

Nobushi