[BO Strategy] In fact, the value of 'my own rules' that has a significant impact on both revenue increase and winning percentage stability
Hello!
Hi, I’m Kaori Takada, a housewife trader with 7 years of investing experience (*´∀`*)
Usually I run a blog called “Even beginner housewives can do it! Binary options攻略 Blog”, and I also write articles for Gogojungle and sell攻略 methods there^^
※ Thanks to you, the攻略 methods ranked 3rd and 4th in the “E-book Monthly Ranking”!
I’d be happy if I could help as many people as possible ^^
Until now I have made profits from discretionary trading (trading by evaluating the market myself) only^^
There were times when I relied on trading tools, but“Will I be able to keep making money long-term with this?”I questioned that, and since then I’ve been continually sharpening my own trading skills (^_^)
Now I’ve become able to consistently earn 600,000 to 1,000,000 yen per month, and I’ve experienced how much improving my own skills“leads to stable and ongoing income”.
In this series I’ll introduce, one by one, what I have cultivated“the knowledge and skills needed to win with discretionary trading”.
I sincerely hope that as many people as possible will become independent and able to earn continuously from binary options (*´∀`*)
Last time I wrote articles like this ♪
●【BO攻略】In the end, trend-following in a trending market was the orthodox and effective method
And this time I’ll talk about‘My personal rules’.
Personal rules are not about trading techniques or skills, but rather the attitude or approach you take.
At first glance their impact on profits may seem small, but personally
“People who consistently earn understand the importance of personal rules”
I get the impression that.
For reference, in this article I’ll introduce two personal rules I recommend ♪
Unlike trading techniques, personal rules can be practiced right from today, so I hope this article helps you increase your earnings even a little (*´∀`*)
After reviewing a day of trading,
“Maybe I traded a bit too much today”
“The last trade was unnecessary”
Haven’t you ever thought that ^^?
Probably it’s“I can’t control my own trading”evidence.
Even if you reflect at the moment, the next day you might trade in the same way again (;´∀`)
So, for example, if you started the day with two consecutive losses,What would you do if two losses early on happened in one day?
1) Continue trading as is
- 2) End trading for that day
- (not sure)
Here, think about“the mechanism of profits and losses in binary options”.
A two-loss day followed by a three-win day isn’t easy to achieve. (Losing streaks tend to make you lose your calm ^^;)
However, you don’t need to recover those losses in one day; if you reset the next day and trade again, you might surprisingly recover quickly ^^
If the pressure of “losing” makes you lose your calm, stepping back from trading for a while can be a“legitimate strategy”(^_^)
That said, we’re human, and we don’t always make the best decisions while trading.
So that’s where ‘my personal rules’ come in (*´∀`*)
Because making flexible decisions on the spot is hard, setting pre-determined rules to discipline yourself and control your trades is important, right^^
Now, I’ll introduce two of my recommended“rules that help increase earnings and stabilize win rate”two in total ^^
【Two rules that help increase earnings and stabilize win rate】
- If you have a losing streak, end that day’s trades immediately!
- Fix the amount traded per day!
If you look at each, you’ll understand what each rule is effective for, but just in case I’ll explain (*´∀`*)
As mentioned earlier, recovering from a losing streak is quite tough.
During a losing streak it’s easy to fall into positive thinking like “If I win next, I’ll recover” or “Next time I’ll win,” which is often unclear in reasoning.
But conversely“What if I lose again next time?”
That can paralyze you or put you in a corner, right ^^;
To avoid such risks, set in advance“conditions to end trading”.
As introduced,“end that day’s trades if you have a losing streak”; by doing so you won’t chase and incur unnecessary losses after two losses.
In order to tradeBinary Options for a long time while protecting capital and steadily increasing profits, this is an indispensable personal rulein my view (*´∀`*)
Literally a rule to“not change your trading amount throughout the day”.
The quickest way to recover losses in binary options is to
“increase the trade amount to widen the profit”.
Indeed, when you win you might quickly recover the losses you had before ^^
But at that time,‘increasing the trade amount also increases the amount of loss’, and you shouldn’t ignore that risk (^_^;)
Binary options profit and loss are determined by the trade amount and payout, so for better or worse“you can control profits and losses by your own judgment”.
That’s why what’s scary is“letting emotions or outcomes dictate changing the trade amount”.
In extreme terms, increasing the trade amount without a corresponding win rate is like trading with a bomb on your hands ^^;
To avoid losing precious funds due to momentary emotions or desire, first fix the trade amount and work toward increasing win rate while protecting funds (^_^)
So far I’ve introduced two personal rules, but ultimately no matter what rules you set, if you can’t follow them, they’re meaningless ^^
This isn’t directly related to technique, so you might not feel their effect at first, but by diligently following personal rules in trading, the inconsistency disappears and“your trading tightens up”(*´∀`*)
As mentioned at the beginning, personal rules are also attractive because you can practice them today, unlike techniques that require learning.
I hope you’ll find personal rules that can make your trading better (^_^)
And in my攻略 method 【3-Count Strategy】, I also cover mindsets necessary to become a competent trader, not just trading techniques“the mindset to become a professional trader”in detail^^
This guide covers trading techniques (trading processes), money management, foundational knowledge, and more, serving as a comprehensive reference for beginners and experienced traders alike, so I’d be happy if you take a look (*´∀`*)
※Details of the 3-Count Strategy can be found on the product page description m(_ _)m
Binary Options攻略法【3-Count Strategy】 downloadable guide pages
●【Foundation Volume: A Complete Manual for Investment Beginners / Essential BO Basic Knowledge Compilation】 Two-volume set (total 136 pages) →Free download page
●【Beginner Volume: Market Principles & Trade Strategy Overview / Survival Strategy】 Two-volume set (total 109 pages) →Free download page
●【Intermediate Volume: Practical Trade Process / Growth Strategy】 Two-volume set (total 208 pages) →Paid purchase page
●【Advanced Volume: Self-Help / Independence / Profit Strategy】 Two-volume set (total 348 pages) →Paid purchase page
●【Foundation to Advanced Volume】 All 8 volumes, value pack (total 809 pages) →Paid purchase page
We have 245 pages of Foundation Volume + Beginner Volume available for free, so please start there and consider purchasing Intermediate and Advanced volumes next.
Also, here is my blog that I run ♪
I publish information that helps those starting binary options or struggling to profit, so feel free to drop by (*´∀`*)
●“Even a beginner housewife can do it! Overseas Binary Options攻略 Blog”