Every now and then I borrow the power of ChatGPT, its 39
FX Automated Trading, EA developerReiwa's Double Eis.
This series has been written with the aim of posting every day since last year.
I think I have continued for nearly a full year now!
If you read what I have written so far,
I am confident you will get closer to better EA operation.
And, since I want to take a small break,
I will continue posting with the help of ChatGPT.
Occasionally, I will post irregularly as in the past.
Starting from 5,000,000 Yen savings: Wealth management – I will convey the魅力 of EA operation
Hello, I am Reiwa’s Double E, aFX automated trading and EA developer.
Today,
I would like to tell you how I personally moved onto the path of wealth management and what I have learned from that experience.
Actually, I saved 5,000,000 yen in five years in my 30s without doing any FX or investments.
During that period, I had not engaged in FX or investments at all.
Backdrop of saving 5,000,000 yen as a full-time employee
First, I will talk a little about my life at the time.
Rent including parking was 36,000 yen for a 1K, living alone.
Take-home pay was around 200,000 yen, and bonuses were none due to the Lehman Shock aftermath.
With that, I saved 100,000 yen every month and, over five years, saved 5,000,000 yen.
Honestly,
looking back, I think I did well.
Since it was difficult to increase income, I steered toward reducing expenses.
I kept a household budget, cut unnecessary expenses ruthlessly, and lived frugally.
The sense of ease and the limits I felt after saving 5,000,000 yen
When I saved 5,000,000 yen, I certainly felt a great sense of ease.
Having savings provides mental security.
But at the same time I also worried, "Can I live on this for life?"
5,000,000 yen is better than nothing, but it is by no means sufficient for retirement or future stability.
Ways to earn income with my own hands – FX and EA development
So, I began to think, "I should find ways to increase my income."
However, when working as a full-time employee, there are inevitably limits to income.
With that in mind, I decided to start asset management.
There are many ways to manage assets, but
in my case I focused on FX trading and FX automated trading (EA operation).
As a means to increase my assets, I jumped into this field,
and began developing EA as well.
And now, I have established a certain position as an EA developer.
Importance of asset management and the魅力 of EA
Nowadays,
I strongly feel that simply thinking about increasing income is not enough.
Therefore, I believe it is important to manage assets by oneself.
Of course there are many options for asset management, but
as an EA developer, I want to convey the魅力 of EA operation.
What I gained from EA operation and future prospects
Until now, I have been sharing information on EA operation,
but I feel there are still aspects of EA魅力 that have not been fully conveyed.
However, I will continue to publish information about the benefits,魅力, and risk management of EA operation moving forward.
Based on my own experience of switching from a savings lifestyle to asset management,
I hope to offer better asset management options for everyone.
I would be glad if you continue to read my articles and information to aim for better EA operation.
Summary
Saving is important, but
it is difficult to relieve future worries with savings alone in reality.
Therefore, starting asset management yourself is a step toward building a better future.
What I want to convey as an EA developer is that it is possible to grow assets through EA operation and maintain long-term stable operation.
I will continue to publish information about EA operation, so please refer to my articles and
to realize a better operating life.
With that, please continue to have a good trading life!
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【Flow from starting EA to intermediate level】
First, it is important to master "installing EA".
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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※
Even at the beginning you cannot understand everything at once, and I think many people will stumble.
I also stumbled many times at first, so take your time and you’ll be fine!
If you have any questions, there is a "Contact form" so please use it!
https://www.gogojungle.co.jp/inquiry
【How to choose an EA】
Now that you think you can operate an EA,
you may wonder, "Which EA will be profitable… I don’t want to lose money…"
Therefore, Reiwa’s Double E will
"provide a way to determine quality through backtests"
in the following articles.
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■ How to find a winning EA from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
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backtesting supports it.
Backtesting periods are usually longer than forward periods, and
whether you happened to win in forward testing is something you can gauge by mastering backtesting evaluation methods.
【How to manage EA risk?!】
And no matter how excellent an EA seems to be,
if you neglect risk management in FX, you will fail.
The following article addresses this.
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■ About "Calculation methods for EA risk management"
https://www.gogojungle.co.jp/finance/navi/articles/64703
【EA Operation Mindset is also important】
And, in order to sustain EA operation for a long time, the "EA operation mindset" is important.
Regarding those articles,
12/30★ Year-end and New Year SP!! EA Comprehensive Course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12 [Obon Holiday Special!] Now you too can be an EA Master! "EA Operation Improvement Mindset"
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17 [Obon Holiday Special!] Now you too can be an EA Master! "Notes during EA operation"
https://www.gogojungle.co.jp/finance/navi/articles/73797
So,
The content is substantial and quite important,
so even if you cannot understand it immediately, be sure to review it!
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【Reiwa’s Double E – EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically categorizing Reiwa’s Double E’s EAs 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 – Serialization Articles】
https://www.gogojungle.co.jp/finance/navi/series/1700
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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
■ How to find a winning EA from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
■ No-Nonsense! GoGoJungle raises issues!
https://www.gogojungle.co.jp/finance/navi/series/1701
https://www.gogojungle.co.jp/finance/navi/articles/64723
■ Reiwa’s Double E – “Push buying” and “pullback selling” logic publicly released!!
https://www.gogojungle.co.jp/finance/navi/articles/65010
https://www.gogojungle.co.jp/finance/navi/series/610
【Reiwa’s Double E’s Beliefs】
Develop EA by solid methods,
earn the trust of more people,
maintain a long-term WIN-WIN relationship,
and contribute to revitalizing the EA market and improving literacy.
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