My biggest loss (most lost) trade [Sato Kazuo]

From Sato Kazuo, a famous investor and blogger, we will hear about his most costly trades to date, the emotions he felt at the time, and how he recovered from them. There are many lessons to be learned from failures. If you are feeling down after a big loss, please take this as a reference.

Sato Kazuo Profile

An investor who once walked away from the FX world due to a sharp yen appreciation during the Lehman Shock. He currently engages in long-term investments through system trading and high-swap-point strategies, while performing comparisons and verifications on his own blog.

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

Loss of 16 million yen in USD/JPY Trading

Hello, I’m Sato Kazuo. I live by trading high-yield currencies such as the Turkish lira and the Mexican peso to earn swap points and through automated trading, and by sharing how to do it and how to set it up on my blog. I left my previous company in July last year, so I’m in a semi-retired state.

In the February 2020 issue, I wrote about my historical shock experiences regarding the Lehman Shock. At that time, due to amateurish luck-based trading and poor discretionary trading, I lost 3 million yen and became bewildered. Is that the trade I lost the most? No, the figures are far different.

This time, more than five times that amount! I want to share my "massive loss (my biggest loss)" trade, where I lost 16 million yen (tears).