[Supplementary Column] Frequently Asked Questions - Shared (Updated as needed)

Thank you for your hard work! This is Tomizaki from the Trading Office.

We have started recruitment here at Gogojang.

“Ultra-Short-Term Trading Skill” using tick charts

●　“1-Minute Chart scalping club”

Regarding

I would like to share the frequently asked questions we have received so far.

■□　“1-Minute Chart Scalping Club”

■□https://www.gogojungle.co.jp/tools/ebooks/54826

Now, here we go!

Q: What is the risk-reward ratio?

A: We cut losses early (average about 3 pips), which improves the ratio, resulting in about 1:2 to 1:5.

Q: What is the win rate?

A: While it overlaps with the previous answer, we cut losses finely (average about 3 pips), so the win rate is not very high and settles around 60%–70%.

Q: Do we display tick charts on MT4?

A: The chart software that displays tick charts is neither MT4 nor MT5, but the setup method is explained in detail within the content. Of course, it is a free charting software to use.

Q: Are there only a few FX brokers where this can be practiced?

A: We time trades using the displayed tick chart, but you can place actual orders on any broker's trading platform you are accustomed to. In this sense, there is no restriction on brokers you can practice with.

Q: Is multi-time-frame analysis necessary?

A: If you classify the “Tick Chart (60 ticks)” as a 1-minute time frame, you might ask whether you are watching the 5-minute, 15-minute, 30-minute, and 1-hour charts, but that is not necessary. Trading can be completed with the “Tick Chart (60 ticks)” alone.

Q: Do I need to stay glued to a long-time chart?

A: Since this is part of the know-how, I apologize for not being able to go into too much detail, but we discuss the timing of entry opportunities in advance within the content, so you start watching the chart a little before that. Therefore, you do not need to be glued to the chart for long periods.

Q: As a salaryman, is it possible to practice?

A: The main of this “Ultra-Short-Term Trading Skill” occasionally yields big gains around the London Open, but it mostly runs from late London time to New York time. Therefore, those who can make the first U.S. data release meeting the typical times (often 21:30 daylight saving time / 22:30 standard time) can achieve results on par with others. After the first U.S. data release, about five trades per day at roughly the same points repeat daily. The strength is in making trading a routine.

Also, in fact, we narrow the trading times quite a bit in our company. It is a time-efficient trading approach.

If you feel the number of trades is a bit lacking, try watching the charts for longer. From after the London Open to the early New York session (up to around midnight), there are about ten opportunities.

Q: Is it possible for anyone to win with practice, considering individual differences?

A: Yes, we meant to pursue this with the intention of everyone gaining the skill through practice. This trading method has been refined repeatedly to be as simple as possible, so you just need to follow the method and implement it.

These are the common questions we often receive.

Please use this as a reference.

If you are interested in this “Ultra-Short-Term Trading Skill,” I confidently invite you all into the world of 1-minute chart scalping.

Every day I trade about 5 to 10 times from London time to New York time, aiming for about 10 pips. Let’s fight together!

■□https://www.gogojungle.co.jp/tools/ebooks/54826

Please excuse me.

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