My Story of Spending 3 Million Yen on FX Products
Nice to meet you. My name is FtoX (efoo-to-ehk-su).
Suddenly, I used a total of 3,000,000 yen on FX products.More than 3 million yenin total.
…You’d pull back, right. I’d probably back off normally. Even as I’m writing this, I think, “I went that far, didn’t I.”
But you who are reading this article now, perhaps you can relate. The moment you thought, “This method might win,” and pressed the purchase button. Not just one, but two, three… and it kept increasing.
Today, I’ll honestly write about my story.
What sparked me to start buying products
I started FX for a very ordinary reason. I was worried about the future with only my main job income. While looking for something I could do as a side job, I ended up at FX.
It’s a common story.
At first, I studied on my own using the internet and books. But no matter how much I studied, I couldn’t win in actual trading. It went well on a demo account, but as soon as I switched to a real account, I started losing.
Entries went against me the moment I entered. It reversed right after I cut losses.
I thought, “My method is wrong.”
Then I thought, if I buy the methods of people who are making money, I’ll win. That’s what I thought back then.
Breakdown of 3 million yen
The first thing I bought was a PDF material for about 20,000 yen. It used moving averages, and after reading it I thought, “I see.”
But when I actually tried it, the signals were ambiguous and there was too much room for my own judgment. In the end, I won and lost, and before I knew it, I stopped using that method.
Next came a 50,000 yen indicator-equipped product. Then a 100,000 yen online course. Then signal tools, automated trading EA, monthly community fees…
When I realized it, my purchase history totaled up and I turned pale.It exceeded 3 million yenin total.
Moreover, none of the methods lasted long. I couldn’t fully trust one method, and when I started losing, I’d immediately jump to the “next method.”
Looking back now, I was completely a product gypsy.
The hardest thing
The money itself hurt, but the hardest part was being in a state of “I have no method.”
Even though I spent 3,000,000 yen, when I opened the chart I didn’t know where to enter. I had a lot of knowledge in my head, but in live trading I couldn’t decide what to base my decisions on.
Moving average crossovers? Bollinger band reversals? Fibonacci? Dow theory? — I knew all of it. But it was all half-baked. That was the hardest part.
I thought many times, “Maybe I’m not suited for FX.”
The turning realization
One day, during that state, I suddenly realized something.
Among the products I had bought, several were created by traders who actually move billions.
When I looked back at them, there was a commonality.
I’ll write in detail in future posts, but simply put“the points I was watching were incredibly simple.”.
They weren’t stacking multiple indicators. They weren’t using complex theories. They just looked at one point on the chart and reacted straightforwardly to it.
I was initially surprised that the answer I arrived at with 3 million yen was that. But at the same time, I realized, “That’s exactly why I couldn’t win.”
What I built from this experience
Based on that realization, I conducted my own testing and refinements and created a single method and an original indicator.
Rather than using existing indicators as they are, I refined them to visualize the point I feel is right.
I didn’t copy someone’s method. It’s something I built with my own hands, from 3 million yen worth of experience and trial and error.
Having a single, fixed method has made me mentally much more at ease.
When I open the chart, what to look at is clear, so I don’t hesitate.
Why I’m writing this story
It’s not that I want to brag. Honestly, spending 3 million yen is embarrassing.
But if there are people who are still buying products and still hesitating in the same way, I wanted to tell them, “There is a way to break free from that.”
What was needed wasn’t to know more methods. It wasn’t to buy more expensive products. The answer was somewhere much simpler.
Next time, I’ll write about the “one thing” that all billion-dollar traders have in common.
Thank you for reading until the end.
I have compiled the method and the original indicator I reached from the 3 million yen experience into a single product.
If you’re interested, please take a look.
