The reason I invest in "hands-off" investing through automated trading [Kazuo Sato]
Many traders trade on discretion, but there is growing attention on automated trading that operates 24 hours without human mental intervention. This time, we will have Kazuo Sato, a famous investor and blogger, share the advantages of automated trading that he has learned from his own experiences.
Kazuo Sato Profile
An investor who at one point left the FX world due to the sharp yen appreciation caused by the Lehman Shock. He now engages in system trading and long-term investments with high swap points, while conducting comparative tests on his own blog.
Blog:https://www.tryjpy.com/
Twitter:https://twitter.com/tryjpyfx
Losing 3 million yen but returning to FX with automated trading
Hello, I’m Kazuo Sato. I engage in investments aiming for swap points in high-yield currency pairs such as the Turkish lira/yen and the Mexican peso/yen, as well as trading via automated trading. I also write about these methods and settings on my blog to document my life.
I quit the company I had been working for in July of this year, so I am in a so-called semi-retired state. This time I will explain why I am doing “hands-off investment” through automated trading.
In the last issue, I wrote about the historical shock experience (Lehman Shock). After losing 3 million yen in the Lehman Shock, I left the FX world and vowed not to touch FX again, choosing to work a regular job to live prudently. I focused on not giving attention to women (I was not approached), and because of that effort, the 3 million yen loss was recovered and I gained a certain amount of financial cushion.