Sometimes I borrow ChatGPT’s power, its 123

FX automated trading, Reiwa’s double-i is.

This series has been written with the aim of posting every day since last year.

Probably I’ve continued for almost a year now!

If you read what I’ve written so far,

I’m confident you’ll come closer to better EA operation.

And, since I want to take a short break,

I’d like to continue posting with the help of ChatGPT.

From time to time, I will post as before, irregularly.

A Recommendation for No-Prayer EA Operation

FX automated trading, Reiwa’s double-i EA developer.

In discretionary tradingThere is the term“prayer trading.”

Where the entered position carries a drawdown, losses grow,

and ultimately you are left with no choice but to pray.

Even though you know it’s important to cut losses according to the rules,

it takes real courage to take a loss.

Does “prayer” occur in EA operation too?

In EA operation too, some people may resort to “prayer.”

For example, when the EA holds a position that’s in drawdown,

and looks like a losing trade no matter what.

In that moment, you might inwardly pray, “Please come back!”

Such situations may also occur in EA operation.

First of all, no prayer is needed in EA operation

However, personally,

I believe that the concept of “prayer” is unnecessary in EA operation.

The reason is simple:

“An EA that requires prayer is an EA that can’t be used in the first place”That’s why.

In other words, the success or failure of EA operation is largely decided at thepoint of selecting the EA before starting operation.Conditions for EA operation that doesn’t require prayerTo avoid praying in EA operation, two things are important:Appropriate EA selectionChoose an EA with solid performance in backtests, forward tests, and track records.Thorough risk managementManage funds properly and run the operation with defenses against unexpected losses.My operating styleI thoroughly scrutinize EA at the selection stage, and after starting, I run it completely hands-off.（Of course, I regularly check the EA’s status and performance, but）therefore, I have no concept of “prayer” during EA operation.First, focus on EA selection and risk managementIf you want to succeed in EA operation, prioritizing EA selection and risk management is key.For concrete methods on selecting EAs and managing risk, please refer to the following articles and resources!Aim for stable profits with EA operation that doesn’t rely on “prayer.”Well then!━━━━━━━━━━━━━━━━【Flow from starting EA to intermediate level】First, mastering how to set up the EA is important.--------------------------------------------------------------------MT4 EA (Expert Advisor), Indicator installation procedure https://www.gogojungle.co.jp/post/1/8212--------------------------------------------------------------------※GoGoJungle video version※Even at the beginning, not everything can be understood at once, and some people will struggle, of course.I also stumbled many times at first, so don’t rush—you’ll be fine!If you don’t understand something, there is a “Contact form,” so use it!----------------------------------■ GoGoJungle“Contact Form”https://www.gogojungle.co.jp/inquiry----------------------------------【How to choose EA】Now that you think you can operate an EA,you might think, “I don’t know which EA will win… I don’t want to lose…”So, Reiwa’s double-i turns to“Backtests” to some extent help determine good/bad choices,and I’ve published the following articles in a series.--------------------------------■ How to find a winning EA from backtests https://www.gogojungle.co.jp/finance/navi/series/1714----------------------------------Forward testing is important, butbacktesting supports that.Backtesting periods are usually longer than forward periods, andwhether you win by chance in forward testing is something you can gauge by mastering backtest evaluation.【How should EA risk management be done!?】And no matter how excellent an EA you obtain,ignoring risk management will cause FX to fail.So for EA, how should risk management be done?The following article answers that.----------------------------------■ About the calculation method of EA risk management https://www.gogojungle.co.jp/finance/navi/articles/64703----------------------------------【EA operation mindset is important】And, to sustain EA operation long-term, the “EA operation mindset” is also important.For those articles,----------------------------------12/30★ Year-end/New Year SP!! EA Full Clarification Course Part 3 https://www.gogojungle.co.jp/finance/navi/articles/805518/12【Obon Holiday Special!】 Now you too can become an EA master! “EA operation mindset”https://www.gogojungle.co.jp/finance/navi/articles/728298/17【Obon Holiday Special!】 Now you too can become an EA master! “Notes during EA operation”https://www.gogojungle.co.jp/finance/navi/articles/73797----------------------------------That said,the content is quite substantial and very important,so even if you don’t understand it right away, be sure to review it!━━━━━━━━━━━━━━━【Reiwa’s double-i EA Listing】https://www.gogojungle.co.jp/users/112481/productsSpecifically categorized Reiwa’s Double-i EAs https://www.gogojungle.co.jp/finance/navi/articles/67162(Portfolio diversification by genre is essential)━━━━━━━━━━━━━━━【Reiwa’s double-i serialized articles】■ EA Beginner Course https://www.gogojungle.co.jp/finance/navi/series/1700--------------------------------「EA risk management calculation method」https://www.gogojungle.co.jp/finance/navi/articles/64703【Portfolio version】 EA risk management calculation method https://www.gogojungle.co.jp/finance/navi/articles/65978How to spot fraudulent products for EA (easy tips)https://www.gogojungle.co.jp/finance/navi/articles/64738Where to check first when you don’t understand something about EA 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 sugarcoating! GoGoJungle raises an issue!https://www.gogojungle.co.jp/finance/navi/series/1701Where is GoGoJungle’s inquiry form?https://www.gogojungle.co.jp/finance/navi/articles/64723--------------------------------■ Reiwa’s double-i announces the “buy the dip / pullback selling” logic now available!!https://www.gogojungle.co.jp/finance/navi/articles/65010■ Double-i FX chitchats https://www.gogojungle.co.jp/finance/navi/series/610━━━━━━━━━━━━━━━【Reiwa’s double-i beliefs】Develop EAs by honest methods,and Earn the enduring patronage of many people,maintain a long-term WIN-WIN relationship,aim to revitalize the EA market and raise literacy.━━━━━━━━━━━━━━━

point of selecting the EA before starting operation.

Conditions for EA operation that doesn’t require prayer

To avoid praying in EA operation, two things are important:

Appropriate EA selection

Choose an EA with solid performance in backtests, forward tests, and track records.

Thorough risk management

Manage funds properly and run the operation with defenses against unexpected losses.

My operating style

I thoroughly scrutinize EA at the selection stage, and after starting, I run it completely hands-off.

（Of course, I regularly check the EA’s status and performance, but）

therefore, I have no concept of “prayer” during EA operation.

First, focus on EA selection and risk management

If you want to succeed in EA operation, prioritizing EA selection and risk management is key.

For concrete methods on selecting EAs and managing risk, please refer to the following articles and resources!

Aim for stable profits with EA operation that doesn’t rely on “prayer.”

Well then!

━━━━━━━━━━━━━━━━

【Flow from starting EA to intermediate level】

First, mastering how to set up the EA is important.

--------------------------------------------------------------------

MT4 EA (Expert Advisor), Indicator installation procedure

https://www.gogojungle.co.jp/post/1/8212

--------------------------------------------------------------------

※GoGoJungle video version※

Even at the beginning, not everything can be understood at once, and some people will struggle, of course.

I also stumbled many times at first, so don’t rush—you’ll be fine!

If you don’t understand something, there is a “Contact form,” so use it!

----------------------------------

■ GoGoJungle“Contact Form”

https://www.gogojungle.co.jp/inquiry

【How to choose EA】

Now that you think you can operate an EA,

you might think, “I don’t know which EA will win… I don’t want to lose…”

So, Reiwa’s double-i turns to

“Backtests” to some extent help determine good/bad choices,

and I’ve published the following articles in a series.

--------------------------------

■ How to find a winning EA from backtests

https://www.gogojungle.co.jp/finance/navi/series/1714

----------------------------------

Forward testing is important, but

backtesting supports that.

Backtesting periods are usually longer than forward periods, and

whether you win by chance in forward testing is something you can gauge by mastering backtest evaluation.

【How should EA risk management be done!?】

And no matter how excellent an EA you obtain,

ignoring risk management will cause FX to fail.

So for EA, how should risk management be done?

The following article answers that.

----------------------------------

■ About the calculation method of EA risk management

https://www.gogojungle.co.jp/finance/navi/articles/64703

----------------------------------

【EA operation mindset is important】

And, to sustain EA operation long-term, the “EA operation mindset” is also important.

For those articles,

----------------------------------

12/30★ Year-end/New Year SP!! EA Full Clarification Course Part 3

https://www.gogojungle.co.jp/finance/navi/articles/80551

8/12【Obon Holiday Special!】 Now you too can become an EA master! “EA operation mindset”

https://www.gogojungle.co.jp/finance/navi/articles/72829

8/17【Obon Holiday Special!】 Now you too can become an EA master! “Notes during EA operation”

https://www.gogojungle.co.jp/finance/navi/articles/73797

----------------------------------

That said,

the content is quite substantial and very important,

so even if you don’t understand it right away, be sure to review it!

━━━━━━━━━━━━━━━

【Reiwa’s double-i EA Listing】

https://www.gogojungle.co.jp/users/112481/products

Specifically categorized Reiwa’s Double-i EAs

https://www.gogojungle.co.jp/finance/navi/articles/67162

(Portfolio diversification by genre is essential)

━━━━━━━━━━━━━━━

【Reiwa’s double-i serialized articles】

■ EA Beginner 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

■ How to find a winning EA from backtests

https://www.gogojungle.co.jp/finance/navi/series/1714

■ No sugarcoating! GoGoJungle raises an issue!

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 beliefs】

Develop EAs by honest methods,

and Earn the enduring patronage of many people,

maintain a long-term WIN-WIN relationship,

aim to revitalize the EA market and raise literacy.

━━━━━━━━━━━━━━━

A Recommendation for No-Prayer EA Operation

FX automated trading, Reiwa’s double-i EA developer.

In discretionary tradingThere is the term“prayer trading.”

Where the entered position carries a drawdown, losses grow,

and ultimately you are left with no choice but to pray.

Even though you know it’s important to cut losses according to the rules,

it takes real courage to take a loss.

Does “prayer” occur in EA operation too?

In EA operation too, some people may resort to “prayer.”

For example, when the EA holds a position that’s in drawdown,

and looks like a losing trade no matter what.

In that moment, you might inwardly pray, “Please come back!”

Such situations may also occur in EA operation.

First of all, no prayer is needed in EA operation

However, personally,

I believe that the concept of “prayer” is unnecessary in EA operation.

The reason is simple:

**“An EA that requires prayer is an EA that can’t be used in the first place”**That’s why.

point of selecting the EA before starting operation.

Conditions for EA operation that doesn’t require prayer

To avoid praying in EA operation, two things are important:

Appropriate EA selection

Choose an EA with solid performance in backtests, forward tests, and track records.

Thorough risk management

Manage funds properly and run the operation with defenses against unexpected losses.

My operating style

I thoroughly scrutinize EA at the selection stage, and after starting, I run it completely hands-off.

（Of course, I regularly check the EA’s status and performance, but）

therefore, I have no concept of “prayer” during EA operation.

First, focus on EA selection and risk management

If you want to succeed in EA operation, prioritizing EA selection and risk management is key.

For concrete methods on selecting EAs and managing risk, please refer to the following articles and resources!

Aim for stable profits with EA operation that doesn’t rely on “prayer.”

Well then!

“An EA that requires prayer is an EA that can’t be used in the first place”That’s why.