The Wealthy FX Chronicles of Makoto Kensejirō - Episode 3
The project is aimed at traders gathered by investor Kenjiro Mabeke to pursue a "wanabe two-bit fortune" in FX. With the theme "from workers to capitalists," the goal is for participants to acquire knowledge and skills firmly and to become able to win big starting from a small amount of capital.
*This article is a republished/re-edited version of an article from FX Tactics.com December 2019 issue. Please note that the market information written in the body may differ from current market conditions.
Kenjiro Mabeke Profile
Kenjiro Mabeke. After graduating from university, he worked at a trading company and began investing in forex, stocks, and real estate. His hobbies are reading and movies, and he is currently aiming to place highly in overseas poker tournaments. Everything begins with planning and execution. He lives in modern times as a descendant of a minor Sengoku warlord.
Twitter：https://twitter.com/mkb1618
Newsletter：Financial magazine for investors
E-book: 'Scheme Theory in Investment'
From the upper volume: “What to learn, what to think, how to plan, and how to execute”
From the lower volume: “How to train, how to practice, and how to achieve it”
Types of Funding Chains and Individual Investor Tendencies
MabekeThis project presents participants with challenges and follows a process to master trading. Last time, we discussed that supply and demand trump every other factor in the market. Forex and stock prices fluctuate more due to central bank policy than the economic situation itself. Here lie the presence of “funding chains with money moving where there is low risk (neither taking profits nor cutting losses)” and “types that move prices to target individual investor’s losses.” On the other hand, individual investors tend to “buy when prices go up and sell when they go down,” “lock in unrealized gains quickly and endure larger unrealized losses,” and “when unrealized losses exceed a tolerance, forced liquidation occurs.” If you can understand the principles behind these price movements, your chances for profit will increase. For example, even just looking at the recent USD/JPY chart can lead you to think this way (Chart ①).
