What I Saw: People Who Succeed vs. People Who Fail [Kazuo Sato]
What differences are there between people who succeed in FX and those who fail? Kazuo Sato, an investor and famous blogger, says that thorough money management is essential to profit in FX. Here, we will explain money management methods with concrete examples.
*This article is a reprint and edited version of an article from FX攻略.com July 2020 issue. Please note that the market information stated in the text may differ from current market conditions.
Kazuo Sato Profile
An investor who at one point left the FX world due to a sharp yen appreciation caused by the Lehman Shock. He is now involved in long-term investments using system trading and high swap points, and conducts comparisons and verifications on his own blog.
Blog:https://www.tryjpy.com/
Twitter:https://twitter.com/tryjpyfx
YouTube:https://www.tryjpy.com/youtube/
If you can't manage funds, you won't just profit—you'll incur losses
Hello, I’m Kazuo Sato. I live by writing about trading strategies such as aiming for swap points on high-interest currencies like the Turkish lira and Mexican peso through automated trading, along with how-to guides and settings, on my blog. I left my previous company in July last year, so I’m in a semi-retired state. This time, I’d like to talk about “the successful people and the unsuccessful people” that I’ve observed.
The official site of FX攻略.com, Japan’s only monthly FX specialty magazine, is here