Once in a while I’ll borrow the power of ChatGPT, Part 5
FX automated trading, an EA developer in the Reiwa era doubles your do-it-yourself tool.
Sometimes I’ll also borrow the power of ChatGPT (lol).
It’s not at all that I’m running out of ideas,
I have lots of notes and drafts,
and since organizing them is a hassle, I dumped them all here (laugh).
Opening Japan’s future with a “new resource” of FX automated trading
Japan has historically been known as a resource-poor country.
Therefore, Japan has long developed its economy around “processing and trading” as its core.
Processing and trading is a business model where resources are imported from abroad, processed into products, and exported.
As a result, after the war Japan grew into a global manufacturing powerhouse.
However, in IT fields, especially software development and FX automated trading, this structure is completely different.
The “new resource” brought by IT and software
From Japan’s image of being a country without resources,
there is a possibility to shift to a country that can create “intangible resources” such as software and IT technologies.
This is exactly a situation where we can create new resources as a “primary industry.”
For example, developing FX automated trading systems (EA) is one such case.
FX automated trading systems no longer require importing resources and processing them from overseas.
Based on data, algorithms, and technology, you can create new value independently.
What’s important here is that Japan also has the power to generate this “intangible resource.”
By leveraging IT technologies and programming skills, you can create value with your own hands.
Having this awareness is essential for future growth.
Escaping the “processing-trade” mindset
On the other hand, even in IT technologies and automated trading systems, there are people who are still bound by an “processing-trade mindset” in a negative sense.
Specifically, it involves decompiling (reverse-engineering) someone else’s automated trading system and then processing and reselling it.
This is like bringing the old Japan model of importing and processing resources into the digital field in a negative sense.
This will not lead to real innovation.
Originally, Japan is in a position to create new resources itself.
Nevertheless, if you focus on processing and reusing someone else’s work, true growth and development will be hard to achieve.
If you remain trapped in this “processing-trade mindset,” you cannot innovate, and sustainable business development becomes difficult.
Creativity and imagination are the keys
In IT and software development, especially in the world of FX automated trading, success requires imagination and creativity.
Without these, you’ll have to rely on imitating others’ work, making it hard to sustain a long-term business.
By developing new systems and algorithms yourself and creating your own value, sustainable growth becomes possible for the first time.
In modern IT industries, it’s not enough to simply process and sell others’ products as “labor,” you must think for yourself and create value from new ideas.
FX automated trading systems, developed with creativity, can yield new trading methods never seen before and offer long-term profit potential.
For long-term growth
For Japan to grow in IT and automated trading development, it’s important to break away from past processing-trade thinking and cultivate an awareness of creating new resources oneself.
This will enable you to compete in a more sustainable and competitive market.
For example, instead of being trapped by short-term gains from modifying and reselling existing automated trading systems, design your own system from scratch to create new value and gain more profits.
Moreover, the knowledge and skills you gain can be applied to even more projects in the future.
Japan still holds great potential in IT.
And each of us should cultivate the mindset to create this “new resource” and nurture our own ideas, which will lead to future success.
So, let’s go!
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【Reiwa’s Double E EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Real account performance of the USD/JPY EA
https://real-trade.tech/accounts/73791?via=users_realtrade
Specifically, categorized Reiwa’s Double-E EA
https://www.gogojungle.co.jp/finance/navi/articles/67162
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【Reiwa’s Double-E serialized articles】
https://www.gogojungle.co.jp/finance/navi/series/1700
https://www.gogojungle.co.jp/finance/navi/articles/64703
https://www.gogojungle.co.jp/finance/navi/articles/65978
https://www.gogojungle.co.jp/finance/navi/articles/64738
https://www.gogojungle.co.jp/finance/navi/articles/65619
https://www.gogojungle.co.jp/finance/navi/series/1714
https://www.gogojungle.co.jp/finance/navi/series/1701
https://www.gogojungle.co.jp/finance/navi/articles/64723
https://www.gogojungle.co.jp/finance/navi/articles/65010
https://www.gogojungle.co.jp/finance/navi/series/610
【Reiwa’s Double-E’s Beliefs】