Astonishment from the eyes? Understanding the essence of FX's appeal — The sages learn from history! The story of how the winning method loses in the end (Part 2) ~ [Idda-tchi Sensei]

Profile of Itagatchi-sensei

Former instructor at a preparatory school. A professional FX trader who loves hot springs and holds a hot springs sommelier certification. He trains many excellent traders using the “Close-Price Trading Method,” and in his online study sessions participants from all over the country, from the elderly to the younger generation, join. The chart analysis method that emphasizes the “close price” is popular among part-time traders as a trading method that does not require 24-hour market focus.

Blog：A Big Comeback from 100,000 Yen! FX Trader Itagatchi BLOG

From Yen Carry Trade to an Era Waiting for a Crash

Hello, this is Itagatchi-sensei. Last time, I explained why traders who were winning for the first two to three years often disappear, incorporating the historical background of FX markets. This time is the sequel.

・Find the preceding part here

With the development of communication infrastructure, around 2000, people called day traders appeared, and the world-wide yen carry trade flourished. However, with the Lehman Shock in 2008, it became clear that strategies aiming for swap interest no longer work. Itagatchi-sensei calls this period “Phase One.”

And 2009, when Itagatchi-sensei started FX, the Greece shock and European crisis began, and it was an era of waiting for a crash—“shorts sleep while waiting.” There were crashes every few months, so holding long positions for a long time was impossible, but it was a time when one could still win by focusing on shorts only, without taking stop losses. This is called “Phase Two.”