3/17★Sometimes I borrow the power of ChatGPT, installment 47
FX Automated Trading, EA developerReiwa's Double-Ineehere.
Since last year, this series has been written with the aim of posting every day.
Probably we have managed to continue for nearly a year now!
If you read what I’ve written so far,
I’m confident you’ll move closer to better EA operation.
And since I’d like to take a short break,
I’d like to continue posting by leveraging the power of ChatGPT.
Occasionally, I will post irregularly as before.
What to Do When You Hit a Wall
Hello, I am the EA developer Reiwa’s Double-Inee.
Today,
**On the important question not just in FX but in life: “What to do when you hit a wall?”**
I would like to talk about this theme.
Hitting a wall can be an opportunity
In life and FX trading, hitting the “wall” is something everyone inevitably faces.
It could be a large trading loss, or problems in work or relationships.
When you face such walls,
**“What you do in that moment?”**
is, I think, a major fork between success and failure.
The necessary “trial and error” to cross the wall
And the most effective way to increase your accuracy to overcome the wall is to increase the number of trials.
Repeat trial and error, gradually finding your own winning pattern.
That is the key to growth both in life and in FX.
Even if the thickness of the wall doesn’t change,
the moment you try many times will surely come when you can break through easily.
I believe that happens not just from accumulated experience, but because your approach to the wall becomes more refined.
Important ways to act not only when things go well but especially when they don’t
In my circle, some people work well when things are good,
but become unable to do anything when things go bad.
That is precisely related to how you act the moment you hit the wall.
What you do when you hit the wall? What you feel at that moment?
This is a very important point in life.
How you overcome that wall can greatly change your future life and trading.
Hitting a wall is a “chance”
Some people can view hitting a wall as a chance.
For example, there is a saying “shoot and break”, but
even if you head toward a wall, you won’t die.
In other words, it is important to take on challenges without fearing risk.
Rather than doing nothing out of fear of failure, charging toward the wall can open new paths.
Japanese thinking and the path to success
Many Japanese people tend to overthink and ponder endlessly.
Of course thinking is important, but ultimately it’s best to consider, “How can I become better now?” and take action.
Many successful people have built their positions by trial and error through repetitive efforts.
That is true not only in FX but in business and life as a whole.
Those who continue to face walls and gradually overcome them grow and succeed.
Summary
In conclusion, I believe it’s important not to fear hitting walls, but to view them as opportunities and act accordingly.
The accumulation of this will lead to success in FX trading and in life as well.
Everyone, when you hit a wall, please take a step forward. That challenge could be a major step in growth.
With that, please continue to have a good trading life!
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【Flow from starting EA to intermediate】
First, it is important to “master installing the 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※
At first, not everything can be understood at once, and many people will stumble.
I also stumbled many times in the beginning, so don’t rush—you’ll be okay!
If you don’t understand something, there is a “Contact form,” so use it!
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https://www.gogojungle.co.jp/inquiry
【How to Choose an EA】
Now that you think you can operate an EA,
you might think, “I can’t tell which EA can win… I don’t want to lose...”
Therefore Reiwa’s Double-Inee has written the following articles to help you determine via backtesting as much as possible.
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https://www.gogojungle.co.jp/finance/navi/series/1714
【How should FX risk management be done?!】
And no matter how excellent an EA is,
if you neglect risk management, FX will collapse.
So for EAs,what is the risk management?!
This article answers that.
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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 sustain EA operation for the long term, the “EA operation mindset” is also important.
Those articles are,
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12/30★ Year-end and New Year SP!! EA Full Explanation Course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12 [Obon Holiday Special]! Ea Mastery! “EA Operation Mindset”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17 [Obon Holiday Special]! EA Mastery! “Notes during EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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That said,
the content is very substantial and important,
even if you can’t understand it right away, please make sure to read it!
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https://www.gogojungle.co.jp/users/112481/products
Specifically categorized EA by genre for Reiwa’s Double-Inee
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Genre diversification is essential when building a portfolio)
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【Reiwa’s Double-Inee Series Articles】
https://www.gogojungle.co.jp/finance/navi/series/1700
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“About calculating EA risk management”
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
Where to check first when you don’t understand something about EAs
https://www.gogojungle.co.jp/finance/navi/articles/65619
https://www.gogojungle.co.jp/finance/navi/series/1714
https://www.gogojungle.co.jp/finance/navi/series/1701
https://www.gogojungle.co.jp/finance/navi/articles/64723
https://www.gogojungle.co.jp/finance/navi/articles/65010
https://www.gogojungle.co.jp/finance/navi/series/610
【Reiwa’s Double-Inee’s Belief】
Develop EA with integrity,
have more people love and support you,
and maintain a long-term WIN-WIN relationship,
aim to revitalize the EA market and improve literacy.
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