User Cheru's Trade Fitness Gym | The Real Reason You Can't Make Money with FX in Episode 3

Yu Cheru-san Profile

A notable YouTube figure as a “Muscle Trader.” He has a strong reputation for EURUSD technical analysis, and his channel subscribers are rising rapidly. The catchphrase is “Trading is more physical than mental!”

Twitter：https://twitter.com/EURUSDsenmon

※This article is a reprint/edit of FX攻略.com July 2020 issue. Please note that the market information written in the text may differ from current market conditions.

Is Getting Rich Quick in FX Trading an Illusion? Still, You Can Grow Your Money

The theme this time is “FX doesn’t make you money.” The motivation to start FX is the same for everyone: “I want to earn money.” Yet most people who start FX with that mindset don't make money.

But you often hear stories like “3万円 became 300万円!” or “Starting with 10万円 became 1000万円!”

Hearing that, people think “Alright, me too!” but many misunderstand this. The reality is not “turn 100,000 yen into 1,000,000 yen,” but “make 100,000 yen with 1,000,000 yen.”

Think about it. For example, when you decide to “double 1,000,000 yen,” trying to make 2,000,000 yen in a single trade carries enormous risk. Because to go from 1,000,000 to 2,000,000, there’s also a possibility to go from 1,000,000 to zero.