What I Saw: Successful People and Unsuccessful People [Hiroyuki Tamukou]

FX is a zero-sum game, and it operates because there are people who make profits and others who incur losses. So where lies the difference between successful traders and unsuccessful traders? From Hiroyuki Tamukai, a professional trader, please learn the characteristics of people who succeed and those who fail that I have encountered so far.

Hiroyuki Tamukai Profile

Tamukai Hiroyuki. After graduating from university, he attempted qualification exams but was discouraged. Unable to find employment, he started his own business. During the management of the business, he began investing. Currently, after transferring the business, he is a private investor. He also plans and organizes seminars for FX companies. His books include “FX for Even the Timid Can Win: Introduction to FX” (Ikeda Shoten) and “Steadily Win with 2 Chart Checks a Day: Side-job FX” (Jiyu Kokuminsha).

What Is the Path to Success Shown by an 11-Year-Old Trader?

I have been involved in FX for 10 years, and during that time I have received various inquiries from people who want to trade FX or make money. This time, I will consider the path to success by listing the traits of people who are more likely to succeed in FX and those who are more likely to fail, from my perspective, and think about how to achieve success.

First, what does “success” mean? I think it is fair to say that success is surviving in the market and consistently earning profits from FX. With that in mind, the fastest to succeed was a boy who was in the fifth grade in elementary school, an 11-year-old, whom this magazine and my writings have introduced. He was earning about 100 times more than his monthly allowance from his parents in less than a year. He is now a junior high student, busy with club activities, and seems to trade only during major events, but despite such gaps, he can still earn well with the trading skills he once acquired. He has learned a skill to profit in the currency market in a short period, anytime.