FX and People | Vol.6 Mr. Kawasaki Doraemon
Fundamentals, technical analysis, and various analysis methods often catch the eye, along with automated trading and system trading as operating methods, but the essence of FX lies in price movements born from human interactions. Analysis and methods do not move the market. No matter what market it is, it is driven by countless people. In this project, we will close in on the "people" in FX. The sixth guest is Doruemon Kawasaki, the developer of the “Gurgle Train,” a method that compensates for the weaknesses of repeat-type automated trading. He also shares what got him into FX, the origin of Gurgle Train, and effective ways to utilize Gurgle Train and currency weather forecasts.
Kawasaki Doruemon profile
Kawasaki Doruemon. Feeling limits in discretionary trading, he sought a system trading method that could be profitable with as little mental strain as possible. After various simulations, he completed Gurgle Train.
Blog:http://kawasakidoruemon.com/
Twitter:https://twitter.com/kawasakidoruemo
• Interviewer: Takeshi Shikanai (FX writer)
※This article is a reprint and revision of an article from FX Strategy.com February 2021 issue. Please note that the market information written in the main text may differ from the current market.
The first success experience becomes a curse that torments you
— Please tell us what sparked you to start FX.
I started FX about nine years ago, when I was 24. I've always dreamed of owning my own bar, and I began FX to save startup funds for that. Bartenders have very low pay, and earning around 180,000 yen a month would be favorable, but such a low salary wouldn’t let me save enough, so I switched to becoming an electrician. As an electrician, I could handle lighting and decorations for a future shop myself, which I thought was a win-win. However, electricians aren’t paid as well as I hoped, earning only around 240,000 yen, so I decided to save startup funds with FX.
— There are many investment products; why did you choose FX?
At that time, I saw SBI FX Trade's TV commercial, and as I researched FX, many success stories claimed they turned 1 million yen into 10 million, making it seem like a get-rich-quick possibility. I thought it could be possible to strike it big. I also looked into stocks, but such stories didn’t come up as often.
— Looking back now, was there a major mistake or turning point?