The People I Saw Who Succeed and Who Fail [Shutaro Fudou]
What are the differences between people who succeed in FX and those who fail? Mr. Fukuda Shutaro says that to win in FX, it is important not to engage in the same actions as investors who fail. This time, let's have Fukudo-san tell us the differences between those who succeed and those who end up failing.
Fukuda Shutaro (Fudou Shuutarou) Profile
Forex lecturer and writer. Releases seminar DVDs and interview CDs from publishers. Besides giving talks at financial exchanges, securities exchanges, FX brokers, and mutual fund companies, he also writes for magazines and serves as a school instructor for FX and stocks.
Official site:Fukuda Shutaro's “Behind the News Reporting”
twitter:https://twitter.com/syutaro_fudo
What is the Investment Behavior of People Who Fail in FX?
Including my beginner days, there are several characteristics of people who don’t win in FX. A common sight is people who think that once they obtain a certain foolproof method, they can win easily and indefinitely.
In FX, predicting future price movements with high accuracy is important. However, even more crucial is money management. Many people who fail in FX tend not to master essential elements beyond methods, such as money management and rules for buying and selling.