The mysterious beautiful trader who leads "Rira Ranger" 5000-character interview: "It's like an entertainment group that was born on Twitter"

Cocomin's Profile

Debuted in FX in March 2018 and began long-term trading of USD/TRY. She has served as the organizer of Turkey Lira offline gatherings and also holds the titles of “Red” and “President” within the group of Turkey Lira holders known as the “Lira Rangers”—a mysterious beauty with multiple roles.

Blog:https://cocomim.hatenablog.com/
Twitter:https://twitter.com/cocominrira123

※This article is a reproduction and revision of an article from FX攻略.com 2019 November issue. Please note that the market information written here may differ from the current market conditions.

● Interviewer: Michihiko Ebizawa (Editorial Department)

Hooked on the Turkish Lira on a friend's recommendation

Ebizawa: On Twitter, the “Turkey Lira Offline Gathering” and the “Lira Rangers” are buzzing, right? I’d like to talk with the woman who runs such a mysterious group. First, please tell us about your FX background—when did you start and what brought you into it.

CocominI started in March 2018. I had a strong interest in investing and used to attend investment seminars. I even invested in cryptocurrency for a while, but about a week after I started, the Coincheck incident happened at a bad time, which turned me off and I stopped. Then a acquaintance told me, “USD/JPY is a good buy now.”

I hadn’t heard of the Turkish Lira, and I thought FX was dangerous and something I should never get into, but when I heard that USD/TRY was around 27, and “now is the bottom. If you just buy, the swap interest will keep increasing your profits,” I started trading USD/TRY.

Ebizawa: Looking back at the chart now, that recommendation was quite troublesome, wasn’t it? (laughs)

Source:TradingView chart for TRYJPY

CocominI thought that when doing FX, gathering information was necessary, so I attended seminars on high-interest currencies as well. There I was told that USD/TRY was the lowest it had ever been, so I thought, “After all, it’s a buy.” However, in hindsight, the atmosphere of the venue might have carried a negative aura (laughs).

Ebizawa: You mentioned USD/TRY was around 27 at the start; did you look at charts back then? It was a clean, steadily declining trend, I think.

CocominAt first I didn’t look at the charts at all, but after a while I started checking them daily. As I watched the charts, I began to understand the price movement characteristics in my own way, and realized that buying alone would not be enough. After that, I started gathering information on Twitter as well.