Strategies to Make the YouTube Streams of Crab Trader 1000 Times More Effective | Episode 4 Thorough Analysis of Crabs and About One's Own Weaknesses
Profile of the Crab Trader
Crab Trader. Began YouTube Live on January 15, 2018. Streams all 12 hours from afternoon to midnight, showcasing all of his trades live. With the themes “Make money, right before your eyes” and “Make money, right in front of you,” he shares every limit order, stop order, and entry every day.
Twitter:https://twitter.com/keibakinma
※This article is a reprint/re-edit of an article from FX攻略.com, March 2019 issue. Please note that the market information in the body is not the same as the current market.
How did Crab Trader, who initially hardly won anything, come to win?
Crab Trader, also known as Kazuang, was born on July 24, 1985, and is 33 years old. From ages 18 to 22, he lived as a semi-professional musician (4th generation machines era). From 22 to 26, he worked in sales management. Around 26, he launched a horse racing information site and started internet business. At 27, he established Kinba Shimbun Co., Ltd. He is currently a part-time trader who also develops internet business and FX software. He had no prior exposure to investing and has no experience working for major securities or financial firms.
Started with stock investment at first
The trigger was his interest in stock investing in 2014. The first stock he bought was Mixi, but it ended up as a long-held loss, leading to a large loss-cut. He admired stock benefits like shareholder perks, but realized long-term trades took too long, so he turned to day trading. Stimulated by people like BNF, he ultimately found stock picking difficult to grasp, had too many things to learn, and couldn’t wake up in the morning, so he withdrew.
Reached FX after trying Nikkei 225 futures, but…
Quit stocks and tried Nikkei 225 futures. For someone who struggled with stock selection, predicting only the Nikkei index seemed easy, so he started. However, like stocks, he couldn’t endure high leverage and large floating losses, so he cut losses and withdrew.
After painful experiences with stocks and the 225, he judged that FX suited him better and moved to FX. A friend recommended FX software, and he bought a software that traded according to arrows. Following the signs, he initially won and lost, not quite sure yet. Then he began scalping on 1-minute charts across 16 currency pairs and became addicted to FX. In the late stage, he felt that high leverage was necessary to be entertained and that he needed positions to be exciting. Ultimately, he could not achieve results in FX either and incurred large losses, stopping FX after about six months. He also closed all his accounts.