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Hello! This is Tanaka from GogoJungle.
A hugely popular series: a conversation between our CEO Hayakawa and developers!
This time, we’re joined byshuzo.
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| A top-tier talent with unmatched FX experience and results |
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shuzo
Formerly ran a construction company with annual sales of around 3 billion yen, later became an FX trader and volunteer, and now trades while sharing insights with investors. Entered the world of investing through futures, but after a major loss began FX trading during its early days and has accumulated total profits in FX amounting to several billions of yen. Currently a constant top-ranked performer on GogoJungle.
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The real face and business history of a 2-billion-yen trader
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This is your first appearance in our interviews, right, shuzo? Thank you for joining us! First, please tell us about your background. |
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| GogoJungle Hayakawa |
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| shuzo |
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Thanks for having me. I entered management of a construction company when I was young; at the peak we employed about 300 people, with annual sales around 3 billion yen. |
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| A 300-person scale is pretty large! |
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| GogoJungle Hayakawa |
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| shuzo |
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| We operated in the position of a “construction contractor” taking on projects from general contractors. |
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| I see. The company was handed down to your son around 2005, correct? |
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| GogoJungle Hayakawa |
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| shuzo |
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| Has your management experience influenced your trading? |
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| GogoJungle Hayakawa |
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| shuzo |
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It has. At one point I was running five companies. The reason I never experienced bankruptcy was“never give up, even at rock bottom.”I believe that attitude applies equally to management and investing. |
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Lessons learned from setbacks in the futures era
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| You started investing with futures, right? What was that like? |
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| GogoJungle Hayakawa |
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| shuzo |
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| In the mid-90s, I started on a salesman’s recommendation and ended up losing about 80 million yen... |
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| A salesperson would show up unannounced and ask for the president by name, like “Want to grow your cash on hand?”, right? |
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| GogoJungle Hayakawa |
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| shuzo |
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| Exactly. Back then the system was to call each time with “Let’s buy” or “Let’s sell.” |
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| shuzo |
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Before long it turned into “margin call! margin call!” and I was under pressure, but I didn’t want to give up midway and ended up burning through a lot of capital. …I realized leaving investments to others doesn’t work. |
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80 million yen… that’s enormous. You value the “never give up” stance, but when did you decide to quit futures? |
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| GogoJungle Hayakawa |
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| shuzo |
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| My wife found out, got mad, and I quit (laughs). |
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I see (laughs). After that, your investments shifted from futures to FX, right? |
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| GogoJungle Hayakawa |
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The early FX environment and three years of struggle
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| The FX market environment back then was quite different from now, wasn’t it? |
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| GogoJungle Hayakawa |
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| shuzo |
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Completely different. The USD/JPY spread was around 25 pips. Also, you had to phone in for each order and close, and there was a fee every time. |
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Early-days FXSo both the market and the system were different from today. How did it go when you first started? |
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| GogoJungle Hayakawa |
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| shuzo |
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| On the first day I made about 300,000 yen in an instant, but after thatI lost 10 million yen per year for three consecutive years. |
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| Normally that would break your spirit. |
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| GogoJungle Hayakawa |
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| shuzo |
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Even so, I didn’t give up, and along the way I finally realizedit’s better to cut losses quickly while letting winners run. That didn’t immediately make me profitable, but it did get me toa “non-depleting state.” |
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| What led you to that realization? |
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| GogoJungle Hayakawa |
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| shuzo |
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Online content. I bought hundreds of expensive tools like arrow indicators and EAs, and studied the logic. But in the end, when it comes to signal tools, deciding “which arrow to trust”can only be refined through discretionary skill. |
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Turning point: small losses, big gains and trailing stops
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| From that “non-depleting state,” what triggered the shift into consistent profitability? |
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| GogoJungle Hayakawa |
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| shuzo |
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Strict stop-losses + moving stop to breakeven + trailing. I designed it so that in trending markets, positions keep running while locking in profits. |
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| Were trailing stops especially effective back then? |
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| GogoJungle Hayakawa |
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| shuzo |
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| Yes. Volatility was about three times higher back then. |
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Volunteer work, restarting FX, and current activities
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| Changing topics, during the 2016 Kumamoto earthquake you used your construction experience to support relief efforts, correct? |
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| GogoJungle Hayakawa |
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| shuzo |
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| Yes. For a while I personally funded repairs and relocations of local homes. I felt that “being useful to someone” was my purpose in life. |
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| That’s a wonderful activity. For people who earn a lot, does their ultimate source of support end up being a spirit of altruism? |
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| GogoJungle Hayakawa |
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| shuzo |
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After some time I returned home and thought I’d try FX again, but my feel was completely dull… So I bought some content on GogoJungle andre-studied candlesticks, which helped me regainmy “gut instinct.” |
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| You recalled how it felt when you were making substantial FX profits, and that led to your current work as a seller, right? |
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| GogoJungle Hayakawa |
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| shuzo |
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| Thank you. Next time, we’d like to take a deeper look at“Arrow of Advance: Practical Edition.”which is currently on sale! |
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| GogoJungle Hayakawa |
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| Episode 1 |
Ask a billionaire trader who makes 1 million yen a day! How to cultivate “gut instinct” [shuzo / #1] |
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