3/7★Sometimes I borrow the power of ChatGPT, its 37
FX Automated Trading, the EA developerReiwa's Double-E.
Since last year, I have been writing this series aiming for daily posts.
I think I’ve been able to continue for about a year now!
If you read what I’ve written so far,
I firmly believe you’ll come closer to better EA operation.
And, as I’d like to take a short break,
I will continue posting with the help of ChatGPT.
From time to time, I will post as in the past.
Courage to embrace change – what is necessary for success in EA operation and life
Hello, I am the EA developer, Reiwa's Double-E.
This time, it might be a bit stern,
but I am writing this from my own desire to make the EA industry better.
I’d like to share what I feel about the EA industry and FX in general, and talk about the importance of change in life.
Value information based on reality
First, the reader’s freedom is very important.
After reading the article, whether you listen, whether you act, that is entirely up to the reader.
However, what I pride myself on is that the information I have disseminated so far is “primary information without positional talk,”
based on actual frontline experience.
As an EA developer, I want to improve this industry,
and I intend to deliver real-world information from the field.
And I hope that will lead you to better choices and judgments.
Resistance to change and “feeling better”
Earlier, I wrote that “to live a better life, it is important to feel better.”
This also means that by showing interest in new things, you can achieve more positive sensations.
However, the problem is when it seems that extraordinary effort is required.
People are creatures who dislike change, and taking on something different requires a lot of energy.
It is natural that starting something new makes you feel heavy.
Embracing change gives you a chance to stand out
However! That is precisely why those who can accept change can stand out one step ahead of many others.
If you feel that a certain change is “necessary,”
there is a high possibility that taking that action will open up great opportunities.
People dislike change because they fear risk.
But if most people reject that change and you choose to accept it,
you can seize the chance of success all at once.
If you notice the necessary changes, it’s important to view them as opportunities.
Knowing yourself and facing change is crucial
In life, “knowing yourself” is extremely important.
Understanding what you are good at, what you need to improve,
and what changes are needed for you:
those who understand can find ways to better cope with life.
When this is possible, you gain self-worth and become capable of enduring any situation.
And this mindset applies not only to life in general but also to FX, FX automated trading, and EA operation.
In EA operation, it’s important to accept change
As an EA developer, I am constantly required to evolve.
Not only must I respond to technological and market changes, but I must also embrace change myself.
And this is the same for EA management as well.
Market trends and risks are always changing.
If you cling to fixed ideas in that environment, long-term success will be difficult.
Actively adopting new ideas, methods, and new risk management approaches is the key to success.
Summary – Seizing big opportunities
This discussion has emphasized the importance of embracing change in both life and FX automated trading.
People tend to stay in the status quo, but by embracing change and taking action,
you can seize major opportunities all at once.
By knowing yourself, facing change, and growing,
you can exercise your value anytime, anywhere, and achieve success.
I believe these apply not only to FX or EA operation but to life in general.
I myself want to keep evolving and stay flexible to change.
And I’d like to share that mindset with you as well.
So please continue to have a great trading life!
━━━━━━━━━━━━━━━
【Flow from starting EA to intermediate level】
First, it is important to “master installing the EA.”
--------------------------------------------------------------------
MT4 EA (Expert Advisor), and Indicator installation procedures
https://www.gogojungle.co.jp/post/1/8212
--------------------------------------------------------------------
※GoGoJungle video version※
Even at first, not everything can be understood at once, and some people will stumble.
I too stumbled many times at the start, so don’t rush—you’ll be fine!
If you have questions, there is a “inquiry form,” so please use it!
----------------------------------
https://www.gogojungle.co.jp/inquiry
【How to choose an EA】
Now that you’re ready to manage an EA,
you might be thinking, “I don’t know which EA will win… I don’t want to lose…”
Therefore, Reiwa’s Double-E gives guidance with a focus on
“backtesting” to determine roughly good or bad,
and has serialized the following articles.
--------------------------------
■ How to find winning EAs from backtesting
https://www.gogojungle.co.jp/finance/navi/series/1714
----------------------------------
Forward testing is important, but
backtesting provides the backing for that.
Usually the backtesting period is longer than the forward period, and
whether you happen to win in forward can be inferred by mastering backtest evaluation methods to a certain extent.
【How should EA risk management be done!?】
And no matter how excellent an EA you obtain,
FX collapses if you neglect risk management.
So for EA,how to manage risk?
This is answered in the following article.
----------------------------------
■ “How to calculate EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
----------------------------------
【EA operation mindset is also important】
And, to sustain EA operation for a long time, the “EA operation mindset” is important.
Regarding those articles,
----------------------------------
12/30 End-of-year Special!! EA Complete Course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12【Obon holiday special】 Now you’re an EA master! “EA operation mindset”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17【Obon holiday special】 Now you’re an EA master! “Notes for operating EA”
https://www.gogojungle.co.jp/finance/navi/articles/73797
----------------------------------
So,
the content is quite substantial and important,
even if you don’t understand it right away, please make sure to go through it!
━━━━━━━━━━━━━━━
【Reiwa’s Double-E EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically, categorizing Reiwa’s Double-E EAs by genre
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Portfolio diversification by genre is essential)
━━━━━━━━━━━━━━━
【Reiwa’s Double-E serialized articles】
■EA Beginner’s Course
https://www.gogojungle.co.jp/finance/navi/series/1700
--------------------------------
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
Easy tips to spot bad products (in EA)
https://www.gogojungle.co.jp/finance/navi/articles/64738
Where to check first when you have questions about EA
https://www.gogojungle.co.jp/finance/navi/articles/65619
--------------------------------
■How to find winning EAs from backtesting
https://www.gogojungle.co.jp/finance/navi/series/1714
--------------------------------
■No sugarcoating! GoGoJungle challenges!
https://www.gogojungle.co.jp/finance/navi/series/1701
https://www.gogojungle.co.jp/finance/navi/articles/64723
--------------------------------
■Reiwa’s Double-E: “Buy on dips and sell on rallies” now publicly released!!
https://www.gogojungle.co.jp/finance/navi/articles/65010
■Double-E FX random musings
https://www.gogojungle.co.jp/finance/navi/series/610
━━━━━━━━━━━━━━━
【Reiwa’s Double-E’s Beliefs】
Develop EA by solid methods,
and gain the trust of more people,
maintain a long-lasting WIN-WIN relationship,
aim to revitalize the EA market and raise literacy.
━━━━━━━━━━━━━━━
