[Completely Public] An investment novice earned 1.5 billion yen with the "legendary breakout technique," and the ultimate secret to never losing money in money management
Hello, I am oukanoakari (All-Mighty) ✨
Suddenly, I have a question for you.
“I will teach you a unique method that turned $400 into $200 million (about 6 million yen to 300 billion yen). No investment experience required.”
If you see such a suspicious advertisement, what do you think? It’s normal to scoff, thinking, “That’s absolutely a scam.”
But this isa real story from the 1980s America.??
Moreover, the people gathered were complete amateurs who had never even read an investment book. Bartenders, security guards, cooks, etc.—twenty-something people of various ages and occupations.
They received just two weeks of training and then, over the next few years, squeezed out a total of 30 billion yen (about 1.5 billion yen per person) from the market.
Their name was “the Turtles.”
A legendary group of traders created by the famous investor Richard Dennis.
“So there really was an amazing method after all…” you may think.That’s not it.
Here is the brutal truth about FX.
The mastermind who created this ultimate method, Dennis himself, eventually lost 55% of his trading capital and exited the world of the markets.?
Amateur becomes billionaires, while the genius who created the method goes broke.
Why did something so ridiculous happen? If you read this article to the end, you will perfectly understand the real reason you’re not winning in FX now and the only answer to reliably become a winner.
■ Deconstructing the legendary “Turtles method” ? ━━━━━━━━━━━━━━━━━━━━
Let’s start with the conclusion.
The biggest reason the Turtles could win wasn’t because the method was brilliant. It was because they were in an environment where they could not break the rules, even by themselves. ?️
After two weeks of training they were immediately given more than 200 million yen in capital per person. And Dennis himself checked their trading histories every single day.
✅ Was the entry rationale correct? ✅ Was the stop-loss placed according to the rules?
If there was even one entry that broke the rules, they faced immediate severe reprimand (harsh scolding) in a highly pressured environment. ?⚡️
Imagine this: holding a losing position, thinking, “Should I budge the stop a little…,” and then realizing that a professional is watching from behind.
You absolutely cannot break the rules, right?
In fact, Dennis himself left the game because there was no one monitoring him.
Even a genius can be swept away by market fever, trust that “this will win,” break the strongest rules he created, and self-destruct with prayers-based trading.
Even the genius was killed by his own emotions. Only amateurs who were watched, and who maintained objective, emotionless rule-following, became millionaires.
■ Legendary “Turtles Method” complete anatomy ? ━━━━━━━━━━━━━━━━━━━━
So what were the rules they fiercely protected? They’re surprisingly simple.
They used only “Donchian Channel,” an indicator that connects the high and low prices of the most recent 20 days with a line.?
【Entry】When the candlestick breaks above the high of the last 20 days, buy. When it breaks below the low of the last 20 days, sell.
【Exit (take profit)】If long: close when it breaks below the lowest price of the last 10 days. If short: close when it breaks above the highest price of the last 10 days.
…Seriously, is that all? Yes, that’s really all there is.
However, the true essence of the Turtle method lay in the meticulous money management (risk management).
They used a metric called “ATR” to gauge market volatility and strictly ensured that they would never lose more than 2% of their total capital on a single loss (for example, with 1 million yen, never more than 20,000 yen) by precisely adjusting position sizes each time.
“Let’s increase the lot size because this might be a win!” “Let’s push more because I want to recover a loss!”
That kind of emotional trading leads to immediate expulsion. By severely limiting risk and letting big trends come occasionally, they captured the entire move end-to-end.
This is the full picture of the method that generated 30 billion yen. ✨
■ Why can’t you follow the rules? ? ━━━━━━━━━━━━━━━━━━━━
“Okay, I got the rules! I’ll win starting tomorrow!”
If you think that, wait a moment. ✋This method will 100% lose if you try to do it alone starting tomorrow.
Why?
Because this method loses in ranges where there are small losses one after another. ? It’s not a high-win-rate approach. It’s a pattern of “loss, loss, loss, loss, big win.”
Can you sit alone in front of a screen after a losing streak and place the next entry without any emotion? You’ll worry, thinking “I might lose again…” and skip the entry, or you’ll raise the lot size thinking “this time I’ll win.”
Humans will absolutely be defeated by emotions when alone.
Even the Turtle students, once they were on their own without “watchers,” many broke the rules and exited. Those who survived were a few who continued validating and following the rules (like Jerry Parker), and he eventually managed 77 billion yen. ?
? Don’t turn the market into a casino
What I want to convey in this article today is that FX is not a gamble won by talent or IQ.
Getting carried away, pushing large lots, making prayer trades without basis… if you treat the market like a casino, you will eventually be swallowed by it.
“Verify the rules, control your emotions, and face it sincerely.”
I am seriously working to increase the number of such sincere traders, even if just one more.
Let’s end the quest for the Holy Grail today. Plainly verify and calmly aim to be a trader who can wait, together?
? Ending
Thank you truly for reading until the end?
If you feel you want to face FX more sincerely and develop stable skills, please take a look at myProfileto see my past activities and philosophy ✨
?[https://www.gogojungle.co.jp/users/695993?via=mypage_header]
I’d love for you to follow as well! See you in the next article ✨