The Wealthy FX Chronicles of Kenjiro Shinpi: Episode 4
The project is designed so that investors, led by Kenjiro Makabe, invite all traders to aim for a "Wara-something" with FX; under the theme "From worker to capitalist," the goal is for participants to firmly acquire knowledge and skills and to become capable of winning big even from a small amount of capital.
*This article is a reprint/re-edition of an article from FX Strategy.com January 2020 issue. Please note that the market information described in the body may differ from current market conditions.
Kenjiro Makabe Profile
Makabe, Kenjiro. After graduating from university, while working for a trading company, he began investing in forex, stocks, and real estate. Hobbies include reading and cinema, and he is currently aiming for top placements in overseas poker tournaments. Everything starts with planning and execution. Living in the modern era as a descendant of a minor warlord from the Sengoku period.
Twitter：https://twitter.com/mkb1618
Newsletter：Investors' Financial Magazine
e-book: 'Scheme Theory in Investing'
Upper Volume: "What to learn, what to think, how to plan, and how to execute"
Lower Volume: "How to train, how to practice, and how to achieve"
After Proper Learning, Hone Your Skills in Practice
MakabeThis project presents participants with tasks and follows a "process to master trading." Last time, we discussed that to profit in the market you need to understand how price movement works and then identify signals for what happens next. Additionally, what matters is to win overall; for example, if the bankruptcy risk is 3%, you will go bankrupt after 10 trades, which is 30%. If you trade 10 times a day, you could be bankrupt within a week; if you do 10 trades per week, within a month. With these risks in mind, last time we set tasks such as each person’s goal setting and building a trading plan.
Planning and following the plan provides a guideline for trading itself. Mr. Nakaoka started with 1,000,000 yen, and Mr. Matsunaga with 500,000 yen.
