Active forex traders discuss with the trending person in a conversation: Trader’s Interview | Guest Kitty, Part 1 [Traders Securities Minna no FX IiGU Yoshio]
Ketty-san Profile
A housewife trader known for trend-following trades that capture large profits with light stop losses, widely known for bottom-to-top trading. Since raising children, she practice and researches “multitasking trading” daily. Her motto is to trade without being bound by common sense. Aiming to be Japan’s Emiko Onuma of FX, she is conducting nationwide seminars that are filled with laughter and tears and are practically useful.
Blog:https://fxketty.com/
Twitter:https://twitter.com/FXketty
Iguchi Kio-san Profile
Iguchi Yoshio. Trader’s Securities Market Division, Dealing Section. Certified Technical Analyst. Since 1998, he has been involved with financial institutions, mainly in the commodity markets of precious metals and petroleum products as a dealing desk. From 2009, he has been with Mikkun no FX, dealing mainly in USD/JPY and major European currencies. He is proficient in forex analysis from a fundamental perspective as well as short-term predictions using technicals. Recently, he has appeared in Mikkun no FX’s free online seminars, which have been well received for their easy-to-understand content. On Twitter as well, professional dealers share real opinions about the market, so be sure to check.
Twitter:https://twitter.com/yoshi_igu
※This article is a reprint/re-edition of an article from FX攻略.com August 2019 issue. Please note that the market information written in the text may differ from the current market.
Now Unimaginable! The Reason I Started FX
IguchiPlease tell us what prompted Ketty-san to start FX and how she has grown since. There are not many women who start FX, and many influencers come from financial institutions, so I’m interested in the backgrounds of those who are not.
KettyI was told I was an influencer for the first time (laughs).
IguchiYour YouTube video views are amazing, aren’t they? I also upload videos, but yours are about ten times more, so I can understand your greatness (laughs). Anyway, what was the trigger to start FX?
KettyIf I had to sum up the trigger in one word, it was because I didn’t want to meet people.
IguchiThat’s quite surprising.
KettyMy main motivation was to earn money at home without interacting with others. In my previous job, I ran a vocational training school, and taking care of others’ employment was very hard and exhausting. The CEO I was working with left, leaving me with all the responsibility. At the time, I had a child around 2 years old, so I would drop them at daycare at 8 AM, work until around 7 PM, pick them up, prepare meals and baths, and go to sleep in that routine. There were times when I earned no income, and I became exhausted.
IguchiThat’s quite a background. Did you consider online business, affiliate marketing, etc.?
KettyI tried everything, and eventually ended up at FX. Fundamentally, I didn’t want to meet people. Now you can see I meet a lot of people, but at the start it was different. After I became successful and started teaching, my sister told me, “Wasn’t it you who didn’t want to meet people, so you started FX?”
Accumulating Study to Reach Principles
IguchiIn that environment, how did you grow starting from zero in FX?
KettyI joined several FX schools at first. Before that, I could only get information from computer screens, but seminars allowed me to study by meeting people, which was very stimulating. I met study partners at various levels—people with little knowledge, those with some investing experience, etc.—and joined study groups, which accelerated my learning. But it didn’t make me win; it was a journey to find the right materials. I would think, ‘If this material doesn’t work, maybe the next one will.’
IguchiFX materials aren’t easy to come by. Did you end up buying repeatedly?
KettyYes, because I had guts and enthusiasm (laugh).
IguchiDid you eventually come across something that clicked?
KettyNot so much “clicked,” but I learned the fundamental principles. I realized that trending in places where there is no trend means you should go with the trend, and when you should not go with the trend, it’s not good. I started studying in July and realized this in December. In that period I was raising a child and was under a lot of pressure. My study began around 2011, and at that time there were many unclear products, so it felt like chasing clouds.
IguchiEven the not-so-good products were necessary expenses for study. Because of that, you are where you are now.
KettyYes. After doing it for a while, I could tell, “This isn’t it.”
IguchiAs you say, you won’t know unless you actually trade, so recognizing “this is wrong” is important.