The millionaire will distort your sense of money! Your FX life will change dramatically with just 5000 yen in the series [To Avoid Being Fooled] Part ⑤ = About rumors and common knowledge = Understanding the millionaire
When you hear the word "oku-ritsu jin" (millionaire) does it give you the sense that you are a special person or wealthy?
If so, you could say that your aptitude as an investor is exactly the same as that of an ordinary person.
In fact, looking at household numbers, it is said that one in every 42 to 43 households has assets worth 100 million yen or more.
Moreover, among the millionaires there are many who were only temporarily such.
Dreaming about that is not a bad thing, but if what you are doing fundamentally diverges, it is wiser to detach such information from your mind as it could have negative influence.
Also, if you realistically stand in that position, a certain resolve will be required.
This time, it's such a story.
First, let's consider the definition of a "oku-ritsu jin."
Whether assets are 100 million, earnings are 100 million, or the transaction amount is 100 million—these differences change the meaning, but it would be sloppy information for someone analyzing to be vaguely swept up by the keyword "100 million."
If your assets are 100 million yen, you don’t necessarily need to make your entire asset base 100% through trading, but if you have assets in the hundreds of millions, you can still be recognized as a multi-millionaire with just a small amount of trading.
If your profits are 100 million yen, after paying the appropriate taxes, you could be considered a true millionaire based on the accumulated trust.
However, claiming 100 million in trading volume can be possible even if you temporarily borrowed money or inheritances from relatives to engage in amateur-level trades to raise your fame.
Furthermore, many people look at books, videos, or blogs and think those high-value trades are being done all the time, but some viewers fail to notice that there is no explanation of theory or materials, no display of stop-losses, or stop-loss amounts that are disproportionately large relative to total funds, revealing serious issues in funds management.
Additionally, it is unfortunate that among such millionaires there are some who are self-styled, and many people respond to such statements as if results alone justify them, despite the substance being thin.
Most of them, at some point later, either realize their mistakes or withdraw in a muddled manner after being deceived, which often hinders proper learning.
Forex trading is a zero-sum game and a result of strategic investment.
Getting carried away by gambling-style trades and taking pleasure in watching such trades can greatly affect your own trading.
First, you need to check whether you yourself are aware of such risks.
If you recognize that you are easily influenced, you should distance yourself from such information.
When considering these fundamental questions, let's consider the following scenario.
You went to a park for lunch.
There is a homeless man there who starts talking to you.
Do you decide he is a person not living a normal life and refuse to listen at all?
Would you treat him with a disdainful attitude, thinking his talk has no value?
Even if this man had once been a company president or held a high position, would you be annoyed by hearing old tales of bravado?
Such judgments are freedom, if you will.
However, within his words, there may be clues to your own happiness.
That may be something only someone at rock bottom can understand.
Do you think knowing such things is useless and won’t make you rich?
Do you think stop-loss is a wasteful experience?
Trading in the market is a kind of business.
In the business world, it is natural to cut losses for defective goods or items that are past their expiration date.
If you compare that to trading in the market, it is a necessary expense—loss cutting.
Linking such similar structures and theories in your mind is called analogical thinking.
There are many moments in your life that share commonalities with market events, and players who have many experiences linked to such events can articulate and reproduce the information and feelings gained from real-life experiences when problems arise in the market.
People who cannot do this tend to swallow information they hear or see without critical thinking, piling up disappointing results in an information-driven society with low literacy.
When we raise such alarms in words, the general public typically responds with envy, nitpicking, or defamatory remarks.
But if you look closely over time, as mentioned earlier, most people realize their mistakes and stay silent, or withdraw without making it obvious.
Conversely, if what we said were to happen in reverse, people would pounce on it.
Thus, feelings such as correctness and justice tend to cause unnecessary conflict and friction.
If you are a capable analyst, you should not engage in such meaningless conflicts; instead, you should focus on achieving solid results without fighting.
Moreover, compared to ordinary people, investors, through analysis, should be able to suppress unnecessary emotions and accept the traced events, so you must understand that simply conforming to everyday thinking will not suit the market.
As humans, we have human errors, and in a competitive field there will be losses; when judging overall outcomes, it is self-evident that blaming others and engaging in defamatory behavior is nonsensical.
Even though I remain unknown, I no longer get attacked as before because I preemptively pointed out issues, and when the events I predicted occurred despite criticisms, it left even critics with the impression of a prophet, making them reluctant to resist further.
This does not mean I am claiming to be powerful in competition, arrogant, or godlike; it suggests that the very act of an analyst predicting the future and having it traced is a risk in itself if the other side refuses to acknowledge it.
The attitude of ordinary people who say, “Ignore what he says because he is unknown” or “We can criticize him anytime” has, in the end, put them in a position where they must stay silent.
After that, my rapid progress continued, and I achieved an undefeated record for six years of in-app signal delivery; in addition, I reduced the number of players who reported tens of millions of yen in miscellaneous income within a little over two years, which marked a milestone.
To put it simply, even if there are no millionaires, with accurate analysis and language that expresses the theory and materials, anyone can build professional-level information structures.
Do not leave what you do not understand as merely unknown; recognize what you do not understand and use it as a stepping stone to the next level. If you focus on this one point, a path will open.
You may be too absorbed in the fantasy of being a “millionaire.”
Look at more concrete materials and strive to see, along an extension, the fact of becoming a “millionaire.”
And with our support accompanying you, you will experience an unprecedented transformation in the past.
We will support that decision.
If you are in trouble, please do not hesitate to consult with us.
That concludes this discussion for now. See you again.