Cannot win with FX ≠ Cannot save money ~ Your mindset can change capital management ~

Genesis Mental Management.04

Unable to win in FX and although you can increase the margin, in the end you can’t accumulate money with steady small gains.
This should not be treated the same.

①Cannot win

⚫︎Need to verify if method improvement is necessary
⚫︎Need to review trading rules and verify the causes of failure
⚫︎Need to review whether trading volume (lots) is appropriate
⚫︎Improve and enhance environment recognition accuracy
→In this way, you need to review the trades themselves by genre

②Cannot leave money behind

⚫︎Improve capital management
⚫︎Construct capital rules
⚫︎Review operating methods
→This is not about the trades but about money management and governance that need to be reviewed

Let’s break down the vague situation of “cannot win” into one concrete point.
If you’re in both camps, be sure to set priorities.
Because when worries are vague, mental management becomes difficult.
If you can’t win in trading, reduce the lot to 0.01 or review and improve on a demo.
If you’re in a steady losing streak (kotsukotsu dokan), first you must improve capital management, so trading should be stopped.
If it isn’t increasing and has become hard to grow, there is no need to think about it.
First, take action to protect the funds in your trading account by either withdrawing or transferring funds.
For example, it means there is an upper shadow in the fund trend.
If you sense a slowing, lock in profits = protect funds (withdraw or transfer funds)

FX prices move up and down with fluctuations.
If you don’t take profits, unrealized gains may shrink and you can lose all gains as well.
There can even be total loss.

So… how about capital management?
Trading is scalping or day trading.
Funding is swing trading.
Because this mismatch adversely affected my mental state, I improved by using multiple accounts across multiple brokers to transfer funds, balancing money management and mental management.
For reference.

I will continue to output mental management insights.