[9 o'clock intraday scalping] Reflecting on my past self when I couldn’t seize the opportunities
Good morning. It’s An-chan?
Recently, I’ve been thinking about something... When I reflect on being in a position to teach others,
I picture myself back when I hadn’t been able to break even.
I understand clearly now the reasons why I wasn’t able to break even back then.
① Wasting too much effort
When a trade goes well, there’s no wasteful effort, but
it starts with just one single stop-loss... a wasting-attempt attack called the “poti-poti” illness...
② Overestimating the profit-taking level
When trades go well, I close at a realistic profit-taking level, but
it starts with just one stop-loss... an overestimation of profit-taking level beyond the stop-loss amount...
The results from the other day are below, but I absolutely never waste when there’s a basis, and
I have a weapon in my arsenal: a method for determining profit-taking levels that I have tested over many years through backtesting.
If I address these two points, I think I can succeed as a individual investor.
If I continuously take 10 pips every day, it’s a world where you can become a billionaire.
I wonder what you all would think if I take ten times that amount in a day? ... And so I’ve taken an interest in
teaching others my trading know-how.
Well then, everyone, goodbye for now ( `ー´)ノ
End