How to become a billionaire: a discussion with short-term and long-term horizons

Short-term

Trade aiming for 20 pips plus 5–10 yen etc.

Long-term

Trading that adapts to the market using ultra-low leverage with multiple hedges and averaging down

Most traders operate on medium-term horizons, resulting in everyone ending up losing

A way to become a billionaire through trading

A way to make a living through trading

Create trading logics for these kinds of trades and start

Start → stop-out means that with that logic you cannot increase your funds

so you keep trying with new logics, and if nothing remains you can choose to give up because you cannot profit

The people who became billionaires in FX

most of them were doing aggressive averaging down or not admitting losses

(not that they admit fewer losses; it means fewer loss-cutting events)

Averaging down in line with the market is a necessary evil

Even with ultra-low leverage, if you use high leverage

in a year you can go from 1,000 to 100,000,000, and

in two years from 1,000 to 20,000,000,000 is normally achievable

What you should understand with this concept is

that the notion of being "too late" does not exist

Please be sure you aim to make profits and increase

If you have the concept of increase/decrease, you can achieve that goal