My Historical Shock Experience ~ Lehman Shock ~ [Kazuo Sato]

For those who have been investing for a long time, it’s inevitable to experience the shock of unexpected losses. The magnitude varies from person to person, but famous traders grow beyond that shock to achieve stable profits. This time, we’ll have Kazuo Sato, a well-known investor and blogger, share the most shocking event in his FX history.

*This article is a reprint and edit of FX攻略.com February 2020 issue. Please note that the market information written in the text may differ from the current market.

Kazuo Sato Profile

An investor who at one point left the FX world due to the sharp appreciation of the yen caused by the Lehman Shock. He now engages in system trading and long-term investments with high swap points, while testing and comparing things on his own blog.

Blog：https://www.tryjpy.com/
Twitter：https://twitter.com/tryjpyfx

300万 yen Loss During Lehman Shock

Hello everyone, my name is Kazuo Sato. I engage in swap-point-focused investments in USD/JPY and MXN/JPY, as well as automated trading. I write about how to trade and settings on my blog as a living.

I left the company I had been working for this past July, so I am in what you could call semi-retirement. I will share my experience of the “historical shock.”

The biggest losing blow was during the August 2018 Turkish shock, where I cut the Turkish lira/yen and incurred a loss of 16 million yen. However, the most shocking historical event was the Lehman Shock, which caused a loss of 3 million yen. I’m always on the losing side, right? (laughs) Even those who just started FX recently may have heard of this name. It’s that famous a event.