4/4★ Sometimes I borrow the power of ChatGPT, its 64
FX Auto Trading, the EA developerReiwa’s Double-Eis.
This series has been written with the aim of posting every day since last year.
I've probably continued it for nearly a year now!
If you read what I’ve written so far,
I believe you’ll come closer to better EA operation.
Also, since I’d like to take a short break,
I’d like to continue posting with the help of ChatGPT.
From time to time, I will post irregularly as before.
FX auto trading, Reiwa’s Double-E EA developer.
Today,**“The Original Purpose of FX”**I’d like to rethink it.
The original purpose of FX is to “increase assets”
The reason to trade FX is undoubtedly to **increase assets**.
Some people play pachinko or other games to pass time, but surely there aren’t people trading FX just to pass time.
Then, since increasing assets is the goal, how should one approach this?
The importance of thinking backward
To increase assets, it is important to think backward first.
For example, start by keeping a household account to find ways to reduce wasteful spending.
Then, build up savings to create funds for investment, and use Gogojan EA affiliate to grow the operating funds,
and take concrete actions like that.
The keys to EA operation are “how to choose” and “risk management calculation”
Among them, in EA operation, the two things you should especially be conscious of are **“how to choose an EA”** and **“risk management calculation”**.
Master these two solidly, and the rest can be run with minimal maintenance.
After automating operation, you can use the freed time to find ways to increase income or reduce expenses.
In other words, while the EA is automatically trading, you can devote time to other sources of income or asset management.
Subtle but time works in your favor
Compared with discretionary trading, EA operation may lack flash.
However, since it trades automatically, you have a great advantage of making good use of time.
FX is pursued to increase assets, so the most important thing is how you use time.
Use the time you would have spent on discretionary trading for other things to aim for greater growth and profits. This is the essential value of EA operation.
Time is more valuable than money. Whether you can use that time well determines the success of FX operations.
So, let’s maximize the use of time while using EA effectively!
Well then!
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【Flow from starting an EA to intermediate level】
First, it is important to master “setting up the EA.”
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MT4 EA (Expert Advisor) and Indicator Setup Procedures
https://www.gogojungle.co.jp/post/1/8212
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※ Gogojan video version ※
Even then, at first not everything can be understood at once, and some people will surely struggle.
I too struggled many times at first, so don’t rush—you’ll be okay!
If anything is unclear, there is a “Contact Form” you can use!
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■ Gogojan “Contact Form”
https://www.gogojungle.co.jp/inquiry
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【How to choose an EA】
Now that you’re able to operate an EA,
you might be thinking, “I can’t tell which EA will win… I don’t want to lose…”
Therefore, Reiwa’s Double-E has published articles to help you determine this through
“backtesting” to a certain extent.
The following articles were serialized for this purpose.
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■ How to find a winning EA from backtesting
https://www.gogojungle.co.jp/finance/navi/series/1714
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backtesting underpins it.
In most cases, the backtest period is longer than the forward period, and
whether you win by chance in forward testing can be gauged by mastering backtest evaluation methods.
【How should EA risk management be done?!】
And no matter how excellent an EA seems,
if you neglect risk management, FX will fail.
So for EA,How should risk management be done?
The following 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 long-term, the “EA operation mindset” is also important.
These articles are,
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12/30★ Year-end/New Year SP!! EA All-Understanding Course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12【Obon Holiday Special】 This will also make you an EA Master! “EA Operation Mindset”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17【Obon Holiday Special】 This will also make you an EA Master! “Notes for EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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So,
the contents are substantial and quite important,
even if you can’t understand everything immediately, please make sure to read through them!
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（Genre diversification is essential when composing a portfolio）
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【Reiwa’s Double-E Belief】
