3/4★ Occasionally I borrow the power of ChatGPT, its number 34
FX Automated Trading, the EA developerReiwa's Double-Ehere.
Since last year, I have been writing this series aiming for daily posts.
Probably I have continued for nearly a year now!
If you read what I have written so far,
I am confident you will approach better EA operation.
And since I’d like to take a short break,
I will continue posting by borrowing the power of ChatGPT.
From time to time, I may post irregularly as in the past.
The Impact of a Company Suddenly Releasing a Genuine Product – An Interesting Experiment
Hello, I am Reiwa’s Double-E, the EA developer.
Today, I want to discuss a very interesting experimental idea.
It is: what would happen if a company that has previously run aggressive, high-spending advertising and sold expensive, low-quality products suddenly released a "genuine product"?
That’s the topic.
Please imagine this situation.
A company that previously sold products with many user complaints suddenly starts releasing high-quality products into the market one day.
What would be users’ reactions to this change?
This is a very interesting theme, with psychological factors, judgment, and literacy levels having a large impact.
Will attitudes change if a sincere product is released?
First, for people who truly can judge product quality, this change will be obvious immediately.
They are able to calmly evaluate the product itself without being swayed by the old company’s reputation or exaggerations.
Therefore, they will realize, “This is genuine unlike before,” and can place their trust in that company again.
In other words, they are people who can purely evaluate product quality without being bound by past reputations.
On the other hand, many will be emotionally influenced by past reputations and preconceptions.
If they have been hurt before or have strong feelings about that company,
they may not notice the new product’s quality, or may find it hard to accept even if they do notice it.
**“Once you have a bad impression, it is hard to change that impression.”** This is a human心理 effect.
Considering such situations, this experiment could yield very interesting results.
Whether it succeeds depends on “judgment skills”
If the company truly offers a sincere product,
its success will depend greatly on the users’ own “judgment skills.”
For users who have the skill to correctly discern product quality, regardless of past reputations,
they will judge a good product as good and will purchase the company’s products again.
However, if this skill is lacking, they may be influenced by past bad experiences and miss the genuine product.
In this regard, the difference in judgment skills when hearing and seeing products becomes a very important factor.
In other words, even if you’ve had bad experiences in the past, whether you can calmly evaluate new information and products is what leads to ultimate success.
Possibility as an Experimental Endeavor
Based on this theme,
an actual experiment of “providing excellent products by a previously infamous company using proper methods” would be very interesting.
As a result,
observing how users respond and how they evaluate products could yield valuable insights for marketing and product development.
For example, if a company once selling poor-quality products suddenly releases high-quality EA or investment products,
how will users react?
Will that product be accepted?
It would certainly be a fascinating experiment.
Ideal Situation for Users
Ultimately, no matter which sales site is used, if a proper method to provide high-quality products exists,
for users, there is no problem and they would be very happy.
Being able to obtain reliably safe products wherever you purchase would be the ideal asset management environment.
Therefore, creating an environment where users can obtain honest products from any company is a very important element.
And if, even then, users’ experiences split into clear halves,
that would be a matter of the “ability to discern products” and “investment approach.”
Final Judgment – Elements Determining Investment Success
Already, we explain in detail how to use EA and manage risk in newsletters and investment guides.
Learning this information and developing the skill to choose products with correct knowledge is essential for asset management success.
By sharpening operation skills, you can use any product properly and lead a good asset management life.
So,
in the end, the skill of “how to operate which product” will
greatly influence the results of asset management.
Summary
This theme is very interesting, and
we hypothesized how users would react if a company with a bad reputation suddenly released a genuine product.
As a result,
whether they accept it depends on users’ judgment and literacy.
Having the ability to correctly discern products leads to asset management success,
and properly managing any product should lead to a happy asset management life.
With that, please continue to have a good trading life!
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[Flow from “Want to start EA” to Intermediate]
First, mastering the installation of the EA is important.
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MT4 EA (Expert Advisor) and Indicator Installation Procedures
https://www.gogojungle.co.jp/post/1/8212
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※Gogojungle Video Version※
At first, it’s unlikely you’ll understand everything at once, and you will stumble.
I also stumbled many times at first, so take your time and you’ll be fine!
If you don’t understand something, there is an “inquiry form,” so please use it!
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■ Gogojungle “Inquiry Form”
https://www.gogojungle.co.jp/inquiry
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【How to Choose EA】
Now that you feel confident to operate an EA,
you might think, “I can’t tell which EA will win… I don’t want to lose…”
Therefore, Reiwa’s Double-E has published articles so that you can assess the quality to some extent through backtests.
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■ How to find winning EA from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
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Forward testing is important, but
backtesting provides support for it.
Usually, backtesting periods are longer than forward periods, and
whether you happen to win in forward testing can be gauged somewhat by mastering backtest evaluation methods.
【How to Manage EA Risks?!】
And no matter how excellent an EA you obtain,
if you neglect risk management, FX will collapse.
So for EA,how to manage risk?
An article answering this is below.
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■ “How to calculate EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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【EA Operation Mindset is Also Important】
And,to continue EA operation for a long time, the “EA operation mindset” is also important.
Regarding these articles,
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12/30 Year-end & New Year SP!! EA Full Understanding Course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12 [Obon Holiday Special!] Now you are an EA Master! “Mindset for Improving EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17 [Obon Holiday Special] Now you are an EA Master! “Notes during EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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So,
the content is substantial and quite important,
so even if you can’t understand it right away, please make sure to review it!
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【Reiwa’s Double-E EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically categorized Reiwa’s Double-E EA by Genre
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Diversifying genres is essential when building a portfolio)
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【Reiwa’s Double-E Serialized Articles】
■EA Beginner Course
https://www.gogojungle.co.jp/finance/navi/series/1700
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About “How to calculate EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
【Portfolio Version】How to calculate EA risk management
https://www.gogojungle.co.jp/finance/navi/articles/65978
Simple tips to spot unscrupulous products (for 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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■How to find winning EA from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
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https://www.gogojungle.co.jp/finance/navi/series/1701
https://www.gogojungle.co.jp/finance/navi/articles/64723
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Reiwa’s Double-E: Release of “Push Buy/Return Sell” Logic Now Open
https://www.gogojungle.co.jp/finance/navi/articles/65010
■ Double-E FX Miscellaneous Talk
https://www.gogojungle.co.jp/finance/navi/series/610
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【Reiwa’s Double-E Beliefs】
Develop EA by proper methods,
and earn the affection of more people,
maintaining a long-lasting WIN-WIN relationship,
with the aim of energizing the EA market and improving literacy.
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