4/5★ Sometimes I borrow the power of ChatGPT, its 65
FX Automated Trading, the EA developerReiwa’s double i-eis.
This serialized blog has been written with the aim of posting every day since last year.
Probably it has now continued for almost one year!
If you read what I have written so far,
I am confident you will come closer to better EA operations.
Also, there are times I’d like to take a short break,
so I would like to continue posting with the help of ChatGPT.
Occasionally, I will post irregularly as I have done before.
FX automated trading, EA developer’s Reiwa’s double i-e.
Today I would like to talk on the theme of**“What is the correct direction of effort?”**.
To avoid wasting effort
We often hear the phrase, “There is no waste in life,” but
in reality, nobody wants to do wasteful things, right? In FX as well,
it’s natural to want to increase wealth with the **shortest path** possible.
What becomes important here is the **direction of effort**.
For example, if you should head east but mistakenly run west, you might eventually reach east, but it will take time and energy equivalent to circling the globe.
In other words, if you misdirect your effort, no matter how hard you try, results are hard to come by.
Balance of Mind, Skill, and Body
You may have heard of the phrase “Mind, Skill, and Body.” This balance is important in any field.
In my view, if the “mind” is solid, mastering skills becomes faster and physical fatigue is reduced.
In FX or EA management, those with a solid “mind” tend to learn the correct techniques efficiently and avoid unnecessary failures or stress.
The Importance of Perception
To judge whether the mind is solid, the **way of feeling** is a key point. Specifically, the following feelings:
What feels right for you?
How do people around you feel about it?
And more broadly, what about the entire Earth?
In this way, people who can sense things in a more “positive way” are less likely to misdirect their efforts in FX and other fields.
Tuning the Correct Direction of Effort
For example, even when told the same thing, sometimes you get angry, other times you accept it calmly, right?
And sometimes what you did with good intentions may backfire.
In such moments, tuning your feeling in a better direction is the key to not getting the direction of effort wrong.
Especially in FX and EA management, emotions and intuition often have a large influence.
Sharpening the correct feeling is a very important point to efficiently acquire skills and reduce mistakes.
Conclusion
Not only in FX and EA management, to ensure you do not misdirect your effort, it is essential to properly align your “feelings” and “mind.”
If you can do that, you will naturally accelerate skill acquisition and achieve results more quickly in a shorter period.
Now then!
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【Summary of the flow from starting an EA to the intermediate level】
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※
Even at first, you may not understand everything all at once, and some will stumble.
I too struggled many times at the beginning, so don't rush—it's okay!
If there is something you don’t understand, use the “Inquiries form” that is available!
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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 may worry, “I don’t know which EA will win… I don’t want to lose…”
So Reiwa’s double i-e has published the following articles to help you assess via backtesting.
https://www.gogojungle.co.jp/finance/navi/series/1714
【How should EA risk management be done?!】
And no matter how excellent an EA you obtain,
if you neglect risk management, FX will collapse.
Thus in the case of EA, how to manage risk?
The following article answers that.
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■“How to calculate EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
【EA operation mindset is also important】
And,In order to continue EA operation long-term, the “EA operation mindset” is also important.
Those articles are,
12/30 Year-end and New Year SP!! All about EA 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! “Mindset for improving EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17 [Obon holiday special!] Now you too can be an EA Master! “Attention when operating EA”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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So,
the content is quite substantial and very important,
even if you cannot understand it immediately, please make sure to read it!
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【Reiwa’s double i-e EA Listings】
https://www.gogojungle.co.jp/users/112481/products
Specifically, Categorized EA listings for Reiwa’s double i-e
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Diversification by genre is essential when building a portfolio)
【Reiwa’s double i-e serialized articles】
■EA Beginner’s Course
https://www.gogojungle.co.jp/finance/navi/series/1700
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
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 i-e’s Philosophy】
Develop EA with a straightforward method,
gain the love of more people,
and maintain a long-standing WIN-WIN relationship,
aiming to energize the EA market and improve literacy.
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