FX investment, "Offense can be done by fools, those who can defend are the truly strong ones"
Former WBA World Super Featherweight & Lightweight Champion
Takashi Hatakeyama
“Offense is something even a fool can do
the ones who can defend
are truly the strong ones.”
“Only offense is something a fool can do
something like throwing a one-two or punches
is something a complete amateur can do.”
Even in trading, beginners can have big wins.
There are quite a few who multiply their capital in one day.
But they end up losing more, and overall become negative.
Day trading - Oliver Beres (author), Greg Kupra (author)
“Beginners cannot keep losses consistently small
Beginners may have occasional big wins, but when they lose, it’s a big loss.”
Even if you have big wins, you’ll lose significantly if you can’t defend.
You must learn how to lose.
Former WBA World Light Flyweight Champion Katsuo Tokashiki
“Japan teaches offense first.”
“Overseas, they teach defense first.”
Former WBA World Middleweight Champion Shinji Takehara
“Probably that’s it, isn’t it?”
“If you don’t teach defense, many trainees will quit, won’t they? When they join as trainees.”
Former WBA World Super Featherweight & Lightweight Champion Takashi Hatakeyama
“That may be true. It also depends on national character.”
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