Master market analysis techniques to win in trading!! Scatore Futā's Technical Dojo | Episode 1: For those who are about to start trading!
Scattern Fuuta Profile
He became a full-time trader by riding the day-trading stocks boom, but after a big loss due to the subprime loan crisis, he retired once. Later he learned about FX, and after two years as a part-time trader, he became a full-time trader in the third year.
Official site：http://fxfighter-fuuta.link/
Twitter：https://twitter.com/fuuta_fx_trader
YouTube：https://www.youtube.com/fuuta_fx/
※This article is a reprint/edit of articles from FX攻略.com August 2020 issue. Please note that the market information written in the text is different from the current market.
Study is Important in Trading
Hello everyone. I’m Scattern Fuuta. Beginning with this issue, I’ll start a new series. Thank you for your support. For the first installment, I’d first like to introduce myself briefly.
I started investing as a full-time stock trader, but at one point I faced a large loss and determined that living from stock trading was mentally impossible, so I left the market. Later, a colleague at my company recommended FX, and I started FX. Since FX markets are open from Monday morning to Saturday morning, there is plenty of time to trade even for working people.
After starting FX, I dedicated my non-work time to study. However, since I had already done a lot of fundamental study while trading stocks, study mostly meant reviewing by reading books, and I spent most of the remaining time watching charts.
At first I practiced entries and exits intensively in a demo environment. Having been a full-time stock trader before, I was able to make about 3 million yen in two months, so I began trading seriously. I continued to earn profits smoothly, but then got carried away and headed straight down a losing streak. There were periods of slump, and I learned how difficult it is to keep winning.
However, I did not want to give up, so I studied carefully again and faced the market with a humble mindset. Once I started treating each trade with care, profits became more stable. For those starting FX now, I recommend gradually proceeding like this: first study → examine and verify on charts → practice.
