Many people ruin themselves through greed, so those who steadily work without greed ultimately survive and win.
I opened a new account on Wednesday, May 15th last week.
Trading starts from Thursday the 16th.
Trading begins from 0.01 lots (1,000 currency units).
This is an account where I will steadily trade with small lots.
On the morning of the 23rd (Thursday). One week has passed. Here are the results ↓
Many people might feel that a profit of 5,960 yen is small, right?
With an initial deposit of 200,000 yen, earning an extra 5,960 yen meansa profit yield of 2.98%.
I think the profit is substantial.
Among the people I mentor, there was someone whose one-week result went negative and said it felt like their heart would break.
Looking at it over a longer period, it’s positive.
Even in weeks where you lose,it can be kept below just 2%, which is something to consider.
Seeing those who win big, standards tend to rise, but I want you to rethink this:
surviving in trading is said to be only about 5% of people. Some say 10%, but even that is still a small number.
Being able to stay positive even a little is already an amazing feat.
Aiming higher is good, but it’s important to stay grounded and steadily work step by step.
There are many people on the internet who make a lot of money, but let's trade without comparing ourselves to others and focus on our own trading.
From the data of several FX companies, most new-trading funds from customers are under 500,000 yen.
There aren’t many people who can start with a large amount from the beginning.
As a result, many end up getting impatient or forcing large lots and self-destructing when the earnings are small.
My new account starts with 200,000 yen, which is a realistic amount to begin with, so I’d like to show building up from around that amount little by little.
“I turned 100,000 yen into ○○ times in one week!” beginners should not imitate this.
These kinds of things involve taking large risks, and those who do so usually do not take such risks when managing a main account with a substantial amount.
I also post videos like that, but I’m not taking those kinds of risks in my everyday trading.
In the context of the total trading capital, the risk is small, but when you look at it in relation to 100,000 yen, the risk is high.
For beginners who save up 100,000 or 200,000 yen to start, taking such risks is dangerous.
Many people self-destruct due to desire, so those who stay disciplined and work steadily are the ones who survive and win in the end.
Past article link collection ↓
https://www.gogojungle.co.jp/finance/navi/699/11076
When trading becomes somewhat settled, it can get boring to repeat the same things, but starting a new account and managing it, or planning and operating something, can be enjoyable.