Revelations for the Eyes? Understanding the Essence of FX's Charm ~ Why Does No One Talk About It? The Advantage of FX ~ [Iidatchi-sensei]
Profile of Ii-dacchi Sensei
Former instructor at a preparatory school. A professional FX trader who loves hot springs and holds a hot springs sommelier qualification. Using the method called “Closing Price Trading Method,” he has trained many excellent traders, and in his online study sessions participants from all over the country, from the elderly to young people, learn together. The chart analysis method that emphasizes the “closing price” is popular among part-time traders as a trading approach that does not require focusing on the 24-hour market.
Blog:The Great Reversal from 100,000 Yen! FX Trader Ii-dacchi BLOG
*This article is a reprint/re-edited from FX Starategy (FX攻略.com) December 2019 issue. Please note that the market information written in the text is different from the current market.
Why is it mistaken as a zero-sum game?
Hello, Ii-dacchi Sensei here. In the previous issues I wrote about settlement theory, but from this issue I will write on a new theme. I hope you will gain a deeper understanding of the魅力 and advantages (edge) of FX trades.
Ii-dacchi Sensei does not engage in trading of cryptocurrencies, stocks, futures, or other assets besides FX at all. This is because FX has魅力 and edge that other financial instruments do not possess. Once you understand the superiority of FX trading, you will stop glancing at other things and will want to master the path of FX without wavering.
In articles that explain FX, you sometimes see discussions stating that FX is a zero-sum game. Probably they are confusing stocks with currencies. With the 1998 reform of the law, FX became possible to operate as a business for individuals who hold a license from the Financial Services Agency, not just banks. Then, in 2001, high-speed Internet broadband services began to spread, enabling constant online connection, and individuals could continuously display charts on their PC screens. It was around this time that day traders emerged.
In other words, those who explained FX during its early days at seminars were people who had shifted from stock investment seminars. They explained in the same way as stock investing, and it seems it spread widely.