9/11 Sometimes I borrow the power of ChatGPT, its 151st【The two most important things in EA operation】
FX Auto Trading, the Reiwa Double E of EA developers.
This series has been written with the aim of posting every day since last year.
I think I’ve managed to continue for about a year and a half now!
If you read what I’ve written so far,
I’m confident you’ll move closer to better EA operation.
And, 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 like before.
【Two Most Important Aspects in EA Operation】】
Within FX automated trading, there is a system called “EA (Expert Advisor).”
At first glance it may seem difficult, but there are actually only two crucial points to succeed in EA operation.
① How to choose a good EA
No matter how well you manage, if the EA you choose first is bad, you cannot expect results.
Has it been thoroughly proven advantageous via backtesting?
Is the developer actually trading on a real account?
Does it work across multiple market environments?
Distinguishing these points is the “first decisive moment.”
→ Reference materials
■ How to find a winning EA from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
② Thorough risk management
No matter how excellent an EA is, there will be periods of loss.
Whether you can protect your funds then is the deciding factor for continuing operation.
Don’t increase lots too much, be mindful of the portfolio, allocate funds on a long-term basis—.
Only with such rigorous risk management will EA unleash its true power.
→ Reference materials
■ About “EA risk management calculation methods”
https://www.gogojungle.co.jp/finance/navi/articles/64703
And then it’s okay to leave it alone
If you clear these two, you don’t need any extra tinkering.
Rather, the sense of security from leaving it unattended is the biggest advantage of EA operation.
Asset management may look complex, but it is actually simple.
“Choose a good EA” + “execute thorough risk management” = Long-term wealth creation
Keep this equation in mind and apply it to your daily operations.
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【Flow from Starting an EA to 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 won’t understand everything all at once, and some people may stumble.
I also stumbled many times at first, so don’t rush—you’ll be fine!
If you have questions, there is a “Contact Form,” so please use it!
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■ Gogojungle “Contact Form”
https://www.gogojungle.co.jp/inquiry
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【How to Choose EA】
Now that you’re ready to operate an EA,
you may think, “I don’t know which EA will win… I don’t want to lose…”
So Reiwa no Double-E has published the following articles to help determine via backtesting.
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https://www.gogojungle.co.jp/finance/navi/series/1714
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Most likely the backtest period is longer than the forward period, and
Whether you happened to win in forward testing is something you can gauge somewhat by mastering backtest evaluation methods.
【How to manage EA risk!?】
And no matter how excellent an EA you obtain,
if you neglect “risk management,” FX will collapse.
Therefore in the EA context how should risk management be done?
This article answers that.
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■ About “EA risk management calculation methods”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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【EA Operation Mindset Also Important】
And, to sustain EA operation long-term, the “EA operation mindset” is also important.
Regarding these articles,
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12/30★ Year-end and New Year SP!! All-in 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! “EA Operation Improvement Mindset”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17 [Obon Holiday Special!] Now you too can be an EA Master! “Notes during EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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So,
the content is substantial and quite important,
even if you don’t understand it right away, please make sure to read it!
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https://www.gogojungle.co.jp/users/112481/products
Specifically categorized EA by genre of Reiwa no Double-E
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Portfolio diversification requires genre variety)
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【List of Reiwa no Double-E serial articles】
https://www.gogojungle.co.jp/finance/navi/series/1700
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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
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https://www.gogojungle.co.jp/finance/navi/series/1701
https://www.gogojungle.co.jp/finance/navi/articles/64723
■ Reiwa no Double-E “Push buying” and “pullback selling” logic now released!!
https://www.gogojungle.co.jp/finance/navi/articles/65010
https://www.gogojungle.co.jp/finance/navi/series/610
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【Reiwa no Double-E’s Belief】
Develop EA with proper methods,
and gain the support of more people,
maintain a long-term WIN-WIN relationship,
aim to revitalize the EA market and raise literacy.
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